The Global Economic Governance (GEG) Africa programme is a policy research and stakeholder engagement programme to strengthen the influence of pro-poor African coalitions at global economic governance fora.

In the second edition of its report, Implementing the 2030 Agenda, the World Bank looks at its impact in projects at the local, national, regional and global levels – and in the full range of sectors, including education, health, infrastructure, technology, climate change, gender equality, business development, energy, and many others.

Government leaders took forward the SADC industrialisation agenda, while focusing on infrastructure development, youth empowerment and sustainable development at the close of the 38th SADC Summit, which took place on 17 and 18 August 2018 in Windhoek. The theme was “Promoting infrastructure development and youth empowerment for sustainable development”.

Participants called for global youth empowerment and presented an international bank of scalable and replicable projects at the close of the G20 engagement group’s summit in Córdoba, Argentina.

Blockchain Policy Forum, 4-5 September 2018

  • Location Paris, France
Monday, 20 August 2018 10:15

SA participates in 38th SADC Summit

The summit took place in Windhoek, Namibia, from 16-18 August 2018. Among other issues, leaders discussed the socio-economic situation in the region, while Angola, as chair of the Organ on Politics, Defence and Security Cooperation, reported on the state of peace and security. Particu-lar attention was paid to recent and forthcoming elections including in Zimbabwe, Madagascar, Eswatini and the Democratic Republic of the Congo.

Over the course of the Y20 Summit, the 46 official representatives from G20 countries will work on a document containing public policy recommendations that will be submitted for consideration by G20 leaders on 30 November and 1 December in Buenos Aires. Delegates will also work on the Social Innovation Warehouse, an international bank of scalable and replicable projects designed by young people that will serve as input for governments and organisations seeking to innovate in public policies for young people.

Monday, 20 August 2018 10:01

New world currency will topple dollar

BRICS members were discussing the possibility of creating a new currency for payments within the bloc, said Anatoly Aksakov, who heads the Russian State Duma Financial Committee. A BRICS currency would have good prospects, “because the bloc possesses half of the world popula-tion, 30% of the world's industry and 40% of the world's agriculture, as well as the biggest natural resources deposits.”

This week, South Africa is hosting the BRICS (Brazil, Russia, India, China and South Africa) group for the bloc’s 10th annual Summit. South Africa will again this year champion key African priorities alongside its own. For African countries, infrastructure development and industrialisation will remain key areas of strategic cooperation with the BRICS.

Combatting bribery, money laundering and tax evasion should be a priority if Africa was to finance its transition to middle income status and increase prosperity, said Vera Songwe, the executive secretary of the UN Economic Commission for Africa.

Despite more than 60 anti-corruption commitments from G20 leaders in the last few years, there is little evidence of any real progress.

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