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APS - Algeria will continue to be a driving force for peace, stability in Africa
ORAN(Algeria)-The ministry of Foreign Affairs and National Community Abroad, Ramtane Lamamra, said Wednesday that Algeria would continue its role as...
APS - Air Algerie: Three new domestic flights to make Algiers airport global hub
ALGIERS- National airline Air Algeria said Wednesday in a statement that it had launched three new domestic flights from Annaba,...
APS - Tosyali steel complex : Over USD800 million of exports in nine months
APS-ORAN(Algeria)- Tosyali steel complex of Bethioua, Oran (432-km west of Algiers) has exported more than USD800 million of goods over...
NNA - Lancement du concours de nouvelles « Le Liban de nos Rêves »
ANI- L’AUF Moyen-Orient et la Banque BEMO, en partenariat avec le Ministère de l’Éducation et de l’Enseignement supérieur et avec...
NNA - كلية طب الأسنان في اللبنانية تحصل على الاعتماد الأكاديمي لعدد من شهاداتها من المجلس الأعلى لتقييم البحوث والتعليم العالي الفرنسي (HCERES)
وطنية - منح المجلس الأعلى لتقييم البحوث والتعليم العالي الفرنسي(HCERES) كلية طب الأسنان في الجامعة اللبنانية شهادة الاعتماد الأكاديمي لأربعة من برامجها، وذلك لمدة خمس سنوات اعتبارًا من عام 2022....
SANA - Le vice-premier ministre omanais examine avec l’ambassadeur Miyya les relations bilatérales et les moyens de les renforcer
Mascate-SANA/Le vice-premier ministre omanais pour les Affaires de la Défense,Shihab bin Tarik bin Taimur Al Saïd, a passé en revue...
SANA - Miqdad examine avec Pedersen les derniers développements de la situation en Syrie et dans la région
Damas–SANA/Fayçal Miqdad, ministre des Affaires étrangères et des Expatriés, a reçu aujourd’hui Geir Pedersen,l’envoyé spécial de l’ONU pour la Syrie...
APS - الجزائر ستواصل الاضطلاع بدورها كقوة فاعلة من أجل السلم والاستقرار في إفريقيا
واج -وهران- أكد وزير الشؤون الخارجية والجالية الوطنية بالخارج، رمطان لعمامرة، اليوم الأربعاء بوهران أن الجزائر ستواصل الاضطلاع بدورها كقوة فاعلة من أجل السلم والاستقرار في إفريقيا وتقديم دعمها الكامل...
APS - الخطوط الجوية الجزائرية: اطلاق 3 رحلات داخلية من اجل جعل مطار الجزائر قطبا عالميا
واج-الجزائر-اعلنت الخطوط الجوية الجزائرية اليوم الاربعاء في بيان لها, عن اطلاق(3) ثلاث رحلات داخلية انطلاقا من عنابة و وهران و قسنطينة باتجاه الجزائر العاصمة, وذلك بهدف جعل مطار هواري بومدين...
APS - مركب الحديد والصلب 'توسيالي' لوهران: تحقيق صادرات تتجاوز 800 مليون دولار خلال التسعة أشهر الأولى ل 2022
واج - وهران - حقق مركب الحديد والصلب 'توسيالي' الكائن ببطيوة(ولاية وهران) عائدات تصدير تجاوزت 800 مليون دولار خلال التسعة أشهر الأولى لسنة 2022، حسبما علم اليوم الثلاثاء لدى المركب....
NNA - Awareness campaign by the national commission for Lebanese women
NNA - The National Commission for Lebanese Women (NCLW) launched an awareness campaign in partnership with the Deutsche Gesellschaft für...
SANA - نائب رئيس الوزراء العماني يبحث مع السفير ميا العلاقات الثنائية وسبل تعزيزها
مسقط-سانا - استعرض شهاب بن طارق بن تيمور آل سعيد نائب رئيس الوزراء لشؤون الدفاع العماني مع سفير سورية لدى سلطنة عمان الدكتور إدريس ميا اليوم سبل تعزيز العلاقات الثنائية...
SANA - الوزير المقداد يلتقي بيدرسون والحديث يدور حول تطورات الوضع في سورية والمنطقة
دمشق-سانا- استقبل الدكتور فيصل المقداد وزير الخارجية والمغتربين اليوم غير بيدرسون المبعوث الخاص للأمين العام للأمم المتحدة إلى سورية والوفد المرافق له، حيث استعرض الجانبان آخر التطورات ذات الصلة بالوضع...
APS - L'Algérie poursuivra son rôle de force agissante pour la paix et la stabilité en Afrique
APS-ORAN- Le ministre des Affaires étrangères et de la Communauté nationale à l’étranger, Ramtane Lamamra, a souligné, mercredi à Oran,...
APS - Air Algérie: lancement de 3 vols domestiques en vue d'ériger l'aéroport d'Alger en hub mondial
APS-ALGER-La compagnie aérienne nationale,Air Algérie, a annoncé mercredi dans un communiqué, le lancement de trois (3)vols domestiques à partir d'Annaba,...
APS - Complexe sidérurgique Tosyali d'Oran: réalisation de plus de 800 millions USD d’exportations en 9 mois
APS-ORAN-Le complexe sidérurgique Tosyali de Béthioua(Oran) a réalisé plus de 800 millions USD d’exportations durant les neuf mois de l’année...
NNA - 'عَ مفرق طريق' للارا سابا كوميديا رومانسية عائلية تنطلق في 15 الحالي عودة إلى القيَم بضحكة "راقية ونظيفة"و"لبنان الجمال" نقيض لبشاعة الزمن
وطنية - أقيم العرض الخاص بالصحافيين لفيلم "ع مفرق طريق" في "غراند سينما" -ABC- الاشرفية، في حضور مخرجة الفيلم لارا سابا وكاتبة النص جوزفين حبشي وحشد اعلامي وناقدين سينمائيين. ...
NNA - ثلاث ميداليات فضية للرباعين اللبنانيين في بطولة الماسترز لرفع الاثقال في اورلاندو في فلوريدا
وطنية - ثلاث ميداليات فضية بلغت حصة لبنان في بطولة العالم للماسترز برفع الاثقال التي اقيمت في مدينة اورلاندو بولاية فلوريدا في الولايات المتحدة الاميركية.
وتمكن الرباعون اللبنانيون اليوم الاثنين،...
SANA - Syria, Oman discuss latest developments and relations
Muscat,SANA-Deputy Prime Minister for the Omani Defense Affairs, Shihab bin Tareq bin Taimur Al Said discussed with Syria’s Ambassador to...
SANA - Mikdad ,Pedersen discuss latest developments
Damascus,SANA-Foreign and Expatriates Minister,Dr.Fayssal Mikdad on Wednesday met the UN Special Envoy for Syria Geir Pedersen and the accompanying delegation...
Lusa - Business News - Portugal: Iberdrola aiming to invest €3M in country 'under current PM' - CEO
Alcochete,Portugal, Dec.7,2022(Lusa)-The CEO of Iberdrola, Ignacio Galán, announced on Wednesday that the Spanish utility plans to invest some €3 million...
Lusa - Business News - Guinea-Bissau: President stresses potential of fisheries sector to fight poverty
Bissau,Dec.7,2022(Lusa)-The president of Guinea-Bissau, Umaro Sissoco Embaló, on Wednesday highlighted the need for the population to use the fisheries sector...
CNA - سفارة الإمارات في نيقوسيا تنظم ندوة نقاشية حول دور المرأة في التخفيف من آثار تغير المناخ
نظمت سفارة الإمارات في نيقوسيا ندوة نقاشية بمشاركة وزارة خارجية جمهورية قبرص لتسليط الضوء على دور المرأة في عملية صنع القرار لمكافحة تغير المناخ وبناء مستقبل مستدام. ...
CNA - Any recession is expected to be mild and short-lived, CBC Governor says at Bloomberg Global Regulatory Forum
Constantinos Herodotou, Governor of the Central Bank of Cyprus, talked about the ECB objective and actions to restore and stabilise...
Lusa - Business News - Portugal': Government approves rules for future use of bodycams by police
Lisbon,Dec.7,2022(Lusa)-Portugal's government on Wednesday approved for the first time rules for the use of bodycams by officers in the PSP...
CNA - الرئيس أناستاسياديس يشارك في قمة دول الاتحاد الأوروبي التسع المطلة على المتوسط في إسبانيا
يتوجه رئيس الجمهورية نيكوس أناستاسياديس يوم غد الخميس إلى إسبانيا بدعوة من رئيس الوزراء الإسباني للمشاركة في قمة دول الاتحاد الأوروبي التسع المطلة على البحر الأبيض المتوسط التي ستعقد في...
CNA - الرئيس اناستاسياديس يعمل على مبادرة بشأن قبرص بمشاركة الاتحاد الأوروبي
قال الرئيس نيكوس أناستاسياديس اليوم الأربعاء إنه يعمل على مبادرة بمشاركة الاتحاد الأوروبي لتجنب أي أمر واقع تركي جديد على الجزيرة ولتهيئة ظروف تسوية المشكلة القبرصية قبل الانتخابات في قبرص...
Lusa - Business News - Mozambique: Judge in 'hidden debts' case rules defendants to forfeit property
Maputo,Dec.7,2022(Lusa)- The court in Maputo handling the trial relating to Mozambique's 'hidden debts' on Wednesday ruled that the state should...
Lusa - Business News - Portugal: Minister pledges more aid on drought, inflation; EU action also needed
Madrid,Dec.7,2022(Lusa)- Portugal's minister of agriculture said on Wednesday that the country will continue to adopt measures to alleviate the effects...
Lusa - Business News - Mozambique: Ex-president's son, two others ordered to pay $2.8B to state
Maputo, Dec.7,2022(Lusa)- The judge in Mozambique's 'hidden debts' case on Wednesday sentenced the eldest son of former president Armando Guebuza...
CNA - EMFG Ministerial Meeting in Cairo approves Cyprus proposal to set up permanent advisory body
Energy Ministers of the member states of the East Mediterranean Gas Forum (EMGF) agreed on Wednesday on the proposal of...
Lusa - Business News - Cabo Verde: Economic growth above 8% 'almost certain' - PM
Praia,Dec.7,2022(Lusa)-The prime minister of Cabo Verde, Ulisses Correia e Silva, promised in parliament on Wednesday that it is "almost certain"...
Lusa - Business News - Cabo Verde: Opposition criticises government's poor attention to private sector
Praia, Dec. 7,2022 (Lusa) - Cabo Verde's opposition criticised in parliament on Wednesday the government's attention to the private sector...
Lusa - Business News - Portugal: Retail giant gives staff up to €500 bonus as inflation bites
Porto,Dec.7,2022(Lusa)- Portugal's Modelo Continente supermarket chain will pay extraordinary support of up to €500 to workers this month to mitigate...
CNA - Employment increased by 3% on Q3, 2022, according to provisional estimate
Total employment for the 3rd quarter of 2022 increased by3%,compared to the corresponding quarter of 2021, according to a provisional...
Lusa - Business News - Portugal: Forty-eight cases related to Black Friday discounts
Lisbon, Dec.7,2022(Lusa) - Portugal's Food and Economic Safety Authority (ASAE) announced on Wednesday that it had filed 48 administrative offence...
Lusa - Business News - Cabo Verde: Government, UN pleased with cooperation programme progress
Praia, Dec.7,2022(Lusa) - The United Nations and Cabo Verde positively evaluated the implementation of the latest cooperation programme on Wednesday,...
Lusa - Business News - Portugal: EDP 'comfortable' with higher interest rates - CEO
Singapore, Dec. 7, 2022 (Lusa) - Portugal's power utility EDP is "comfortable" in terms of financing to face a period...
Lusa - Business News - Sao Tome: No financial reserves for early 2023 - PM interview
Lisbon,Dec.7,2022(Lusa)-Sao Tome and Principe has no guaranteed financial reserves for the first quarter of 2023, the prime minister, Patrice Trovoada,...
Lusa - Business News - Portugal: TAP crew strike main points
Lisbon,Dec.7,2022(Lusa)-TAP crew members have decided to maintain their strike on Thursday and Friday, called by the National Civil Aviation Flight...
CNA - الرئيس أناستاسياديس يحضر حفل استقبال الأمم المتحدة في ليدرا بالاس
يحضر رئيس الجمهورية نيكوس أناستاسياديس اليوم الأربعاء حفل استقبال مع الزعيم القبرصي التركي إرسين تاتار تستضيفه الأمم المتحدة.
يقام حفل الاستقبال في ليدرا بالاس في المنطقة العازلة من قبل الممثل الخاص...
Lusa - Business News - Portugal: Stock market opens down a quarter percent at 5,838.53 points
Lisbon,Dec.7,2022(Lusa)- The Lisbon stock market opened in negative territory on Wednesday, with the PSI index losing 0.24% to 5,838.53 points...
Lusa - Business News - Portugal: Top newspaper, news magazine headlines on Wednesday, 7 December
Lisbon, Dec.7,2022 (Lusa) - Portugal's 6-1 win over Switzerland in the World Cup features on many front pages this Wednesday....
Lusa - Business News - CPLP: African investment in regional value chains key to face new shocks - OECD




Lisbon, Nov. 23, 2022 (Lusa) – African countries' investment in regional value chains is "key to accelerating" their manufacturing industries and "improve the resilience of economies to the impacts of global crises," according to an OECD report presented on Wednesday in Lisbon.
"African regional value chains contribute less than 3% (2.7%) to global value chains, far below that of other regions such as Latin America and the Caribbean (26.4%) or Asia (42.9%)," said Ayumi Yuasa, deputy director of the Development Centre of the Organisation for Economic Cooperation and Development (OECD).
"Strengthening regional production networks can help African countries diversify their economic base and build their productive capacities," she added.
The text provides Portuguese-speaking African countries (PALOP) with "statistical data, clues, recommendations for new public policies that allow them to overcome," the combined crises of the Covid-19 pandemic, the war in Ukraine and the climate crisis resulting from climate change, noted the Secretary of State for Foreign Affairs and Cooperation (SENEC), Francisco André.
The minister drew attention to the fact that less than 5% of exports from PALOP countries are destined for the African continent, which contrasts with 25% in terms of imports, according to the OECD text.
"This shows that boosting the African continental free trade area, combined with digital innovation for the development of new value chains, has what we all long for, which is many opportunities for all Portuguese-speaking African countries to capitalise on [their development potential], especially in the agriculture sector, at such a sensitive time in terms of food security," said Francisco André.
The digitalisation of these value chains can allow African economic agents to access new markets and "the European Union and the CPLP [Community of Portuguese Language Countries] have a very important role to play, primarily through the Digital Agenda for the CPLP," he added.
Speaking at the beginning of the presentation of the text at the CPLP headquarters in Lisbon, the organisation's executive secretary, Zacarias da Costa stressed that member states need "more cooperation and international support to mitigate the crisis" in which they live.
"The CPLP calls for the collective responses of the international community in the short, medium and long term to be guided by respect for human rights, including the right to development. This is a commitment and a responsibility that we have to our peoples," said the Timorese diplomat.
The OECD text looks in particular at the effect of the war in Ukraine on the performance of the economy on the continent and its retreat to levels of poverty from which it had emerged at the beginning of the millennium.
According to the OECD forecast, Africa's economy will achieve 3.9% growth in its gross domestic product (GDP) in 2022, one percentage point below the growth rate for the rest of the world, which stands at 4.9%.
In 2022, Africa's GDP as a share of world GDP is expected to fall to 4.7%, the lowest level since 2002, "which could reverse the convergence process that was underway," Ayumi Yuasa pointed out.
"If the conflict in Ukraine continues, the growth of the continent's economy will most likely be below 4% in 2023," he added.
In the case of the PALOPs, recovery from the crises of the war in Ukraine and the Covid-19 pandemic remains very slow, with growth forecast to stay at 3.2% in 2022.
Five out of six PALOP countries, with the exception of São Tomé and Príncipe, entered into recession in 2022. This occurred essentially due to the lack of economic diversification, with the weight of the economy associated to oil representing about 74% of the PALOP's exports. Hence the vulnerability to the shock of rising commodity prices, the text stresses.
"When we look at the impact of the war in Ukraine on Africa, the importance of the increase in 'commodity' prices was the most significant, between 6 and 10 billion dollars in annual financing needs," Ayumi Yuasa stressed.
Under current conditions, Africa will need more than a decade to recover pre-covid-19 pandemic poverty rates and the war in Ukraine, the study points out.
"The crisis has had different effects in the various PALOP countries. Food prices rose by 25% in Angola, but 17% in Mozambique and 16% in Cabo Verde," the organisation's official noted.
"Oil exports from Angola or Equatorial Guinea may hide the impact of prices, given the increase in energy prices," Ayumi added.
APL/AYLS // AYLS
Lusa



Agency : LUSA

Date : 2022-11-24 00:29:16







 

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