Ahmedabad, India — The African Development Bank (AfDB), the OECD Development Centre and the United Nations Development Programme (UNDP) will release their joint African Economic Outlook (AEO) 2017 Report on Monday 22 May 2017. The flagship report will be presented on the first day of the 52nd AfDB Annual Meetings which will take place from May 22-26 in Ahmedabad, India.
This annual report contains projections and analysis on macroeconomic, finance, trade, social and human development trends and statistics for the continent. It also includes in-depth country profiles which look at recent economic development and highlights the main policy issues facing each of the 54 African countries.
This 16th edition of the AEO focuses on "Entrepreneurship and Industrialisation in Africa" by an in-depth analysis of the role of entrepreneurs in Africa's industrialisation process. It proposes practical steps that African governments can take to carry out effective industrialisation strategies.
The report will be launched by:
· Mr. Abebe Shimeles, Macroeconomics Policy, Forecasting and Research, AfDB
· Mr. Mario Pezzini, Director, OECD Development Centre and Special Advisor to the OECD Secretary General on Development
· Mr. Abdoulaye Mar Dieye, Assistant Administrator and Regional Director, UNDP Africa
In the honourable presence of:
· H.E. Mrs. Kemi Adeosun, Minister of Finance, Nigeria
· H.E. Mr. Philip Mpango, Minister of Finance, Tanzania
· H.E. Mr. Hadji Babaammi, Minister of Finance, Algeria
· Mr. Abdalla Hamdok, Acting Executive Secretary, United Nations Economic Commission for Africa (ECA)
Media contacts for interviews and information requests:
· AfDB: Olivia Ndong Obiang, o.ndong-obiang@afdb.org; T. +225 75 75 02 15
· OECD: Bochra Kriout, Bochra.Kriout@oecd.org; T: +33(0)145 24 82 96; Cell: +33 (0)626 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 2017 and 54 country notes will be available in English and French from 6:00 AM 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: #AEO2017 and #AfDBAM2017.
Requests to receive the African Economic Outlook 2017 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.
