UNIDO introduces PCP approach during EU-Africa Business Summit

UNIDO introduces PCP approach during EU-Africa Business Summit

MARRAKECH, 30 November 2018 – The EU-Africa Business Summit concluded today in Marrakech, and aimed at offering new perspectives on the economic relations between African countries and the European Union, with a focus on investment opportunities – including inter alia innovation, sustainable agriculture and the digital divide – that are aligned with the EU External Investment Plan (EIP). The United Nations Industrial Development Organization (UNIDO), together with national and European policymakers, business leaders and experts came together to forge constructive and fruitful partnerships and to strengthen the economic dialogue.

Speaking on behalf of the Organization, UNIDO Representative Hanan Hanzaz delivered a speech on industrialization as a main driver for Africa’s development and also introduced the Third Industrial Development Decade for Africa (IDDA3), which, as mandated by the UN General Assembly, is being operationalized by UNIDO and other partners, including the African Union, the UN Economic Commission for Africa, and many others.

During a panel on “Investment and access to finance in Africa”, during which representatives from the African Development Bank, the European Investment Bank, the BMCE Bank of Africa and the Casablanca Finance City participated, Hanzaz introduced UNIDO’s flagship Programme for Country Partnership (PCP) approach, which helps mobilize, under the leadership and ownership of the national governments, development partners including UN agencies, financial institutions and the business sector to advance inclusive and sustainable industrial development.

Take a look at the event's photo album here.

For more information, please contact:

Hanan Hanzaz

UNIDO Country Representative in Morocco