Launch of the African Economic Outlook 2016

AfDB
The theme of the 2016 African Economic Outlook (AEO) report is Sustainable Cities and Structural Transformation. The report looks closely at Africa's distinctive pathways towards urbanisation, and how this is increasingly shifting economic resources to more productive activities. The publication covers all 54 African nations, with individual country notes and corresponding statistical annexes.
18 May 2016
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African Development Bank (Abidjan)

The African Development Bank (AfDB), the OECD Development Centre and the United Nations Development Programme (UNDP) will release their joint African Economic Outlook 2016. This yearly report contains country notes with projections and analysis on macroeconomic, finance, trade, social and human development trends and statistics for all 54 African countries. For the first time, the statistical annex includes data on gender, comparing indicators from the three partner organisations. The report will be launched on the first day of the 51st AfDB Annual Meetings, which will take place from May 23-27, 2016 in Lusaka, Zambia.

With its special theme on Sustainable Cities and Structural Transformation, the 2016 edition of the African Economic Outlook analyses the diversity and specific features of the continent's urbanisation process, how it is profoundly transforming African societies, and what opportunities it offers for structural transformation and sustainable growth.

The report will be launched by:

Abebe Shimeles, Acting Director, Development Research, AfDB Group

Mario Pezzini, Director, OECD Development Centre

Abdoulaye Mar Dieye, Assistant Administrator and Regional Director, UNDP Africa

In the honourable presence of:

Abdoulie Janneh, Executive Director, Mo Ibrahim Foundation

Aisa Kirabo Kacyira, Deputy Executive Director, UN-Habitat

Mamadou Biteye, Managing Director, Rockefeller Foundation

Media contacts for interview and information requests:

African Development Bank: Olivia Ndong Obiang, o.ndong-obiang@afdb.org; T. +225 01 56 05 05

OECD Development Centre: Bochra Kriout, Bochra.Kriout@oecd.org; T: +33 (0) 6 26 74 04 03

UNDP: Lamine Bal, Lamine.Bal@undp.org; Tel: +1 212-906-5937; Sandra Macharia, Sandra.Macharia@undp.org.

The African Economic Outlook 2016 and 54 country notes will be available in English and French from 7 a.m. GMT for immediate release on the African Economic Outlook website http://www.africaneconomicoutlook.org/en/.

The presentation will be webcast live (www.afdb.org/am).

Join the debate on Twitter: #AEO2016 and #AfDBAM2016.

Requests to receive the African Economic Outlook 2016 under embargo should be sent by e-mail to bochra.kriout@oecd.org. Journalists requesting an electronic version in advance of the release time agree to respect OECD embargo conditions.

Please note: The OECD's embargo rules prohibit any broadcast, news wire service or Internet transmission of text or information about this report before the stated release time. They also prohibit any communication of the contents of the report or any comment on its forecasts or conclusions to any outside party whatsoever before the stated release time. News organisations receiving OECD material under embargo have been informed that if they breach the OECD's embargo rules they will automatically be excluded in the future from receiving embargoed information.

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