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African Development Bank and UNIDO join forces to accelerate Africa’s industrialization

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The African Development Bank (AfDB) and the United Nations Industrial Development Organization (UNIDO) have signed a Memorandum of Understanding (MoU) to step up collaboration to boost Africa’s industrialization.

“The Bank launched in 2016 its Industrialization Strategy for Africa 2016-2025, which was the outcome of collaborative work with UNIDO and the United Nations Economic Commission for Africa. The signing of the present MoU is key to our Strategy’s implementation,” said African Development Bank President Akinwumi Adesina. “The Bank already benefits enormously from UNIDO’s expertise in developing policies, programmes and knowledge tools which supports our member countries to industrialize.” In 2017, the Bank allocated US$1.2bn to Industrialize Africa – one of the Bank’s High 5 development priorities – mostly to projects for financial sector operations.

The new agreement facilitates the Bank and UNIDO cooperation on joint activities of shared interest in areas such as agro-industry development, circular economy, eco-industrial parks, investment in innovation and technology, enterprise development, trade and capacity-building, and access to finance, among others. The MoU is in line with objectives set in the Bank’s High 5 strategy, the African Union’s Agenda 2063, the Third Industrial Development Decade for Africa (IDDA III), the UN’s Agenda for Sustainable Development, as well as the G20 Initiative on Supporting Industrialization in Africa.

“Achieving Africa’s industrial potential will not happen by chance; strong partnerships such as the one our two organizations have now formalized are key,” said Philippe Scholtès, Managing Director at UNIDO. “This partnership will create significant opportunities and facilitate our work together towards the operationalization of IDDA III 2016–2025”.

The two entities have already initiated working level collaboration including within the framework of UNIDO’s flagship Programme for Country Partnership (PCP) model, which helps synchronize development efforts and mobilize resources to support countries in accelerating industrialization. The Bank and UNIDO recently undertook a joint mission to Morocco as part of the initial development of the PCP and will continue exploring cooperation opportunities in the ongoing PCPs in Senegal and Ethiopia. Collaboration has also been initiated for the establishment of staple crop processing zones in a select number of African countries.

The Memorandum was signed by Adesina and Scholtès in Busan, Republic of Korea, on the sidelines of the Annual Meetings of the Boards of Governors of the African Development Bank Group, held under the theme of “Accelerating Africa’s industrialization.” The signing ceremony was attended by African Industry Ministers, representatives of regional Member States, development partners and private-sector executives.

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UN sounds alarm as Venezuelan refugees and migrants passes three million mark

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The number of refugees and migrants who have left Venezuela worldwide has now reached three million, the two main United Nations agencies advocating for them announced on Thursday, flagging the need to increase support for the countries which are hosting large numbers of displaced Venezuelans.

According to the UN office for humanitarian coordination (OCHA), most of the 3 million are currently hosted by countries in Latin America and the Caribbean, accounting for about 2.4 million refugees and migrants from Venezuela. Colombia has the highest number with over one million, followed by Peru with half a million, Ecuador with some 220,000, and Argentina with 130,000.

In addition to South American countries, countries in Central America and the Caribbean also recorded increasing arrivals of refugees and migrants from Venezuela. Panama, for example, is now hosting 94,000 Venezuelans.

Commending these countries’ “open-door policy,” Eduardo Stein, who heads the joint effort on behalf of refugee agency UNHCR and migration agency IOM for Venezuelan refugees and migrants, noted however that “their reception capacity is severely strained,” and is “requiring a more robust and immediate response from the international community if this generosity and solidarity are to continue.”

UNHCR Special Envoy Angelina Jolie, noted during a recent visit to Peru, that every Venezuelan she had met described the situation in their country as “desperate,” adding that she heard “stories of people dying because of a lack of medical care and medicine… and tragic accounts of violence and persecution”.

With these rising numbers of families fleeing Venezuela, their basic needs have increased, along with the communities hosting them.

Governments in the region are leading the humanitarian response and working to coordinate efforts based on the Quito Declaration for example, adopted in September and which has been an important step towards a regional approach to scale up the response and harmonize policies.

To support this response, the UN and its partners have appealed for US$220 million to address the needs of 406,000 people across Colombia, Ecuador, Peru and Brazil. The UN Central Emergency Response Fund (CERF) allocated $17.2 million earlier this year.

In addition, a humanitarian regional response plan is underway to be launched in December, with a focus on four areas: direct emergency assistance, protection, socio-economic and cultural integration and capacity-building for governments of receiving countries.

The governments from the region are scheduled to meet again in Quito on 22 and 23 November to continue moving the regional process further.

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Globalization Cannot Be Stopped – but It Can and Should Be Better

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Global GDP has doubled since 1990, but further global integration, while inevitable, must be accompanied by structural reforms that enable greater international cooperation as well as policies that support more inclusive, sustainable societies. This was the finding from the opening plenary of the Annual Meeting of the Global Future Councils which began today in Dubai, United Arab Emirates.

The purpose of the Annual Meeting of the Global Future Councils is to convene the world’s best network of experts to identify new ideas and models that can be applied to critical global challenges. In his opening remarks, Børge Brende, President of the World Economic Forum, told participants: “Globalization cannot be stopped, but it can be improved. It should be more inclusive, sustainable and job creating. We need to stop seeing trade as a weapon but instead see it as a strong, positive force for inclusive, poverty-eradicating growth.”

“Globalization’s future is no longer about physical trade. It is about knowledge, information and technology. Digital trade already accounts for 12% of international trade, and data flows are predicted to increase another fivefold by 2022. The result will inevitably be not less globalization but more, different, globalization,” he continued.

His Excellency Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future of the United Arab Emirates, in his opening address told participants: “The future belongs to those who can imagine it, shape it and implement it. In today’s world, governments cannot create the future singularly; it is important to involve everyone from the private sector to youth, international partners and others in creating policies.”

On the power of the emerging technologies of the Fourth Industrial Revolution to bring about a more inclusive and sustainable future, Al Gergawi said: “The collective mind provided by technology is much smarter than the individual mind. The wisdom of the crowd is a common saying; however, this saying is multiplied a thousand times when talking about and using technology.”

In a special televised session to mark the beginning of the meeting, Miroslav Lajcak, Minister of Foreign and European Affairs of Slovakia, told participants that any global architecture in the age of the Fourth Industrial Revolution needed to be shaped by greater cooperation between nations. “In my 30 years as a diplomat I see less and less dialogue. Even when leaders speak these days there are more monologues and less willingness to accept that they do not own the truth. What is needed is a platform where leaders can discuss openly and honestly where our planet is heading.”

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Bali Conference discusses unlocking Industry 4.0 for Asia and the Pacific countries

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Organized by the Ministry of Industry, the Ministry of Foreign Affairs and the United Nations Industrial Development Organization (UNIDO), the first Regional Conference on Industrial Development opened today, with a focus on the evolving concept of Industry 4.0 and its impact on developing countries. Titled “Unlocking the Potential of Industry 4.0 for Developing Countries”, the Conference encouraged knowledge sharing to raise awareness about the challenges and opportunities of Industry 4.0, by promoting the sharing of good practices and lesson learned, and by identifying good policies and strategies. This will contribute to the implementation of Industry 4.0 and will strengthen the regional coordination within Asia and the Pacific.

On the sidelines of the Conference, Indonesian Minister of Industry Airlangga Hartanto and UNIDO Director General LI Yong signed the revised Country Programme, which reaffirmed the partnership commitment between the Government of Indonesia and UNIDO and which will help increase efficiency, effectiveness and funding possibilities. The revised Country Programme highlights the priorities of the Government, with the updated portfolio of ongoing and pipeline projects focusing, inter alia, on poverty alleviation, creative industries, innovation, quality standards, green industrial policy, water stewardship and Industry 4.0.

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