OPEC Fund Quarterly - 2023 Q4

CONTENTS 4/2023 AFRICA IN FOCUS Special Feature: An in-depth analysis of the continent's challenges and potential in uncertain times 6-51

6-9  Leiden University's Ayokunu Adedokun: The need for strong leadership in Africa and beyond 10-15  Interview Khaled Al-Zayer and Mahmoud Khene: A long and winding road 16-25  Africa economic outlook: Stormy weather ahead 26-29  Entrepreneurship: A powerful catalyst for growth and development 30-33  Interview Friedrich Stift: “We have entered long-term

African entrepreneurship 26-29

commitments and we stand by them.”

34-39  How to

reverse Africa’s resource curse 40-43  Moving mountains:

The urgent need to flood grassroots with climate finance 44-45  Cracking the nut of a continent’s self-sufficiency 46-49  Interview Eniola Harrison and Annie Mutamba on shaping a postive African narrative 50-51  Africa in my blood: Valentina Walden shares her reflections

IN OTHER SECTIONS...

In the Field 52-53 Cameroon: The Rice Value

Spotlight 56-59

The OPEC Fund @ COP28: Projects, partnerships and panels at the UN Climate Change Conference in the UAE Events 60-65 60-61  DFI Portfolio Management Conference 62 Trade Finance Forum in Vienna 63 MENA Climate Week, Riyadh 64 World Bank Annual Meetings Special Mission 66 OPEC Fund Director-General visits China

Chain Development Project aims to make Cameroon food self- sufficient by 2035 Development News 54-55 New OPEC Fund projects in Albania, Armenia, Azerbaijan, Benin, Bosnia & Herzegovina, Libya, Rwanda and West Africa

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