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Public Sector Reforms

Cote d’Ivoire: The AfDB disbursed XOF43 billion for the reform of public finances

The African Development Bank agrees to disburse XOF43 billion to Cote d’Ivoire’s government to support the financing of two development programs aiming to implement the reform of public finances.

Read More – All Africa

Nigeria: The country to save N120 billion from civil service reforms

The Federal Civil Service Strategy and Implementation Plan will save the country N120 billion within the next four years. This program aims at improving efficiency in the civil service and cutting cost of governance.

Read More – This Day Live

 DRC: Launch of a pilot project to solve land governance issues in the agricultural sector

The DRC government and the Land Policy Initiative launched a pilot project to mainstream land governance in agricultural strategies and plans. The objective is to ensure that land reform programs secure land rights and provision of equal access to land.

Read More – UNECA

Iran: Banking reform bills officially sent to the parliament for review

The banking reform bill and the Central bank reform bill were submitted to the parliament for review and approval. The country whose first monetary and banking law was approved four decades ago (1972) needs to update its banking regulations.

Read More – The Iran Project

Egypt: Economic reform program reviewed by the IMF

IMF Executive’s Board proceeded to the first review of the country’s economic reform program. The review’s conclusion (B3 stable) is credit positive indicating that the Egyptian authorities’ progress in implementing reforms to lower the country’s fiscal and external vulnerabilities.

Read More – Arab Finance

Pension policy reforms in Arab countries reviewed by the World Bank and the Arab Monetary Fund

A report published in August 2017 by the World Bank Group and the Arab Monetary Fund on the “Trends, challenges and options for reforms” in the Arab countries addresses the potential solutions and reform proposals for pensions balancing between sustainability, affordability, and efficiency.

Read More – Full Report

Economic Development Initiatives

Ethiopia: A pharmaceutical industrial park under construction

As part of the national pharmaceutical manufacturing development strategy, a specialized industrial park is under construction and is deemed to add value to the effort to transform the health sector. At its completion, the park will help cutting the medicine import bill.

Read More – All Africa

Ghana: 10-point agenda for industrial transformation

To enhance Ghana’s business-friendliness, the Government has designed policy reforms aiming to accelerate socio-economic development and prosperity. To achieve this, a 10-point agenda had been outlined to transform the industrial sector including the implementation of the “One District, One Factory” initiative.

Read More - Ghana Web

Mozambique: The World Bank and FAO to support the country’ forest sector 

The two international institutions signed an agreement valued at $6 million with the government of Mozambique to strengthen the sustainable management of the country’s forest sector.

Read More – FAO

Nigeria: Dangote, Niger State $450m sugar production MoU to revolutionise Nigerian agriculture

Dangote Group, signed a Memorandum of Understanding (MoU) with the Niger State government to establish a $450m state-of-art and fully integrated sugar complex. The project will generate over 15,000 jobs in the state and bring about a complete economic turn-around for the state on completion.

Read More – Leadership

Cote d’Ivoire: Launch of the national research program on the cashew industry

The Ministry of Agriculture has launched the national research program on the cashew industry. It aims to identify the levers that could help to double the production by 2030 and increase the processing capabilities by 50%.

Read More – News Abidjan (in French)

Togo: Germany supports the construction of road infrastructure

Germany provides a XOF17 billion support for the construction of rural roads in the cotton-growing areas as well as the coffee and cocoa production zones. This partnership is part of the “Food security and resilience to hunger” program.

Read more - Togo Top Infos (in French)

Togo: Inauguration of the first agro-food technopole in December 2017

The Togolese ministry of agriculture announced that the first agro-food technopole in the country by December 2017. This new agricultural ecosystem will help to boost the private investment to implement transformation units.

Read more - Commod Africa (in French)

Iran: The country to allocate over $24 billion for road infrastructure

As part of its current budget plan, the Iranian government is planning to allocate $24.2 billion to build 411 roads as well as support urban development projects. During the 2013-2017 period, $14 billion has been invested by the government in developing the country’s railroads.

Read more - Today


Rwanda: Electronic case management system awarded for its innovation

The Ministry of Justice’s Integrated Electronic Case Management System received a Court Technology Solutions Award during the 8th International Conference organized by the National Association for Court Management in Washington. This award is given to high performing courts that engage many tools, specially ICT, to operate efficiently in conducting the judiciary operations.

Read more - New Times Rwanda

Public Finance and Revenue Generation

Nigeria: Companies are given an opportunity to regularize their tax affairs

The Nigerian government’s Voluntary Assets and Income Declaration Scheme gives taxpayers an opportunity to voluntarily declare all previously disclosed assets and income. This scheme aims to increase Nigeria’s tax base and improve the tax collection to GDP.

Read more - Medium

Egypt: Fuel subsidy reform to narrow the fiscal deficit

The country’s new drafted budget (2017/2018) plans to reduce fuel subsidies by EGP30 billion. This initiative is the fourth round of electricity subsidy reform whose deadline has been extended to 2021 from 2019.

Read more - Daily News

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