The economic weight of Southern actors at the global level over the last two decades has been unprecedented in speed and scale. Whilst growth levels of western economies plummeted following the 2008-2009 financial crisis, developing economies continued to grow at high rates, largely driven by a variety of factors, including sound industrial policies and investments in human, physical and technological capacities. Countries of the South have been transforming their economic bases slowly but surely from large agrrian sectors to more diversified economies with large manufacturing and modern service sectors.
EU and the African Union signed a new funding agreement to contribute €50 million from the African Peace Facility to the African Union-led operation in the Central African Republic, Mission Internationale de Soutien à la Centrafrique sous Conduite Africaine ( MISCA). The agreement was signed by Ambassador Smail Chergui, AU Commissioner for Peace and Security in Addis Ababa. A further contribution of €25 million is in the pipeline.
A serious gender imbalance in global education has left over 100 million young women in low and lower middle income countries unable to read a single sentence, and will prevent half of the 31 million girls out of school from ever enrolling. These are among the main findings of the Gender Summary, which analyses data from the latest edition of UNESCO Education for All Global Monitoring Report.