What: Launch of the IEA-AfDB Joint Report on Financing Clean Energy in Africa
Who: International Energy Agency and African Development Bank
Where: Room SE5, the Kenyatta International Convention Centre, Nairobi, Kenya.
When: 8:00 – 9:00 am East Africa Time, 6 September 2023
African Development Bank President, Akinwumi Adesina (left) met with Eritrean President Isaias Afwerki in Asmara to strengthen their partnership to support the country's growth.
Country Report No. 2023/318
Following a strong recovery of almost 12 percent growth in 2021, Botswana’s economy grew by 5.8 percent in 2022, significantly above the long-run average of 4 percent. The ongoing recovery from the pandemic primarily reflects elevated mining production. Inflation has declined sharply since August of 2022. After declining in 2022, FX reserves have stabilized and remained at adequate levels at end-2022. The unemployment rate remains elevated at 25 percent.
Jamaica has continued to make progress in enhancing fiscal, financial, AML/CFT policy frameworks, and data adequacy, and is implementing the ambitious climate policy agenda to support economic growth. These policies are supported by the PLL and RSF arrangements, which were approved on March 1, 2023, in an amount equivalent to SDR 727.51 million (about US$968 million) or 190 percent of quota, and SDR 574.35 million (about US$764 million) or 150 percent of quota, respectively (see Press Release No. 23/57).
High Level Summary Technical Assistance Report No. 2023/011
Working Paper No. 2023/179
Working Paper No. 2023/180
