The EU-Africa Chamber of Commerce (EUACC) ( is happy to announce a panel dialogue entitled “Entry to Finance&Sustainability: A Name to Motion for Resilient Development in Africa,” happening at COP 29 in Baku, and hosted on the Côte d’Ivoire Pavilion with the presence of HEM Jaqcues Konan Assahore, Minister of Environnement for Côte d’Ivoire.
The panel dialogue of the EU-Africa Chamber of Commerce through the COP 29 will collect consultants, buyers, and policymakers to deal with financing challenges and sustainability priorities with a concentrate on Africa’s maritime sector.
The dialogue builds on the Ten-Level Name to Motion established through the latest EUACC-led convention in Abidjan in October 2024.
“The dedication of the EU-Africa Chamber of Commerce is evident: contribute to deal with the vital problem of entry to finance. This impediment hinders the event of infrastructure, innovation, and even sustainable practices inside the African maritime sector. The concentrate on monetary entry and likewise on sustainability aligns straight with our EUACC 2021-2028 technique: which prioritizes entry to markets, innovation, affect, sustainability, and finance for each the personal and public sectors. We firmly imagine that every of those pillars is crucial to paving the best way for an inclusive and sustainable maritime financial system.” says Sonia Toro – Exective Director of the EU-Africa Chamber of Commerce.
Amid the urgent want to advertise inexperienced applied sciences and sort out financing boundaries, the EUACC is devoted to driving change by highlighting the function of Environmental, Social, and Governance (ESG) standards. The Baku panel will discover avenues for sustainable progress in African maritime with participation from leaders throughout banking, public coverage, and sustainability sectors.
In the course of the dialogue in Baku, The EU-Africa Chamber of Commerce can even promote the EUACC on-line mission platform, designed to assist and contribute to the financing of varied sectors together with the maritime sector in Africa. The platform goals to leverage digital instruments to serve the sector by bringing collectively bankable funding initiatives and selling them to financiers and personal buyers. By means of built-in mission restructuring companies, the initiatives will likely be reviewed by consultants to substantiate their bankability and guarantee an alignment with buyers/financiers’ necessities, thereby enhancing their attractiveness.
“This platform seeks to be a stimulator of economic innovation, offering initiatives with a assist framework to draw the mandatory funding. It’s going to additionally handle a central query: how can we speak about sustainability when the African maritime sector continues to be in the hunt for elementary sources?” Sonia Toro added.
Key Themes to be mentioned :
Overcoming Financing Challenges: Revolutionary options equivalent to inexperienced bonds, blended finance, and ESG-compliant funding devices.
Integrating ESG Requirements: Greatest practices for embedding ESG in financing, with insights from some organizations.
Regulatory Harmonization: Emphasis on unified laws throughout Africa to assist sector-wide transformation.
Public-Personal Partnerships: Leveraging PPPs as resilient foundations for maritime infrastructure improvement in Africa.
Anticipated Outcomes:
Enhanced consciousness of sustainable progress and resilience inside the African maritime sector.
Strategic partnerships that stability financial progress with sector decarbonization.
Expanded entry to financing tailor-made to inexperienced maritime initiatives.
Sturdy stakeholder dedication to implementing the Ten-Level Name to Motion for a sustainable transformation of Africa’s maritime business.
Be part of the EUACC on the Côte d’Ivoire Pavilion in Baku on 14th November from 3:30 – 5:00 pm as we champion a sustainable and affluent future for Africa’s maritime sector.
The EUACC occasion is supported by the next companions: Nilos as one in all EUACC’s companions specializing in revolutionary and built-in cross border cost options, GSMA as a strategic companion, and APO Group because the media companion.
Distributed by APO Group on behalf of EU-Africa Chamber of Commerce (EUACC).
Extra info and Registration:
Enquiries&Questions :ENG: Nele Lahrmann-Muniru (EUACC)WhatsApp: +49 176 53453367
FR: Serguei Ouattara (EUACC)WhatsApp: +225 07 04 908 161
