What we’re tracking on 17 April 2018
Closer to home, the Sisi administration has unveiled an ambitious USD 2 bn drive to begin reforming the nation’s education program. Education Minister Tarek Shawky hit the airwaves last night to sell the program to the nation, and Sahar Nasr is being tapped to have the World Bank expand its already-pledged funding for education reform. We have a deep dive in today’s Spotlight (after Speed Round), and if you as a business or finance professional have spent five minutes bemoaning the difficulty of finding qualified staff in a nation with double-digit youth unemployment, you’ll want to start paying attention to this story.
Meanwhile, Finance Minister Amr El Garhy, Investment Minister Sahar Nasr and Central Bank Governor Tarek Amer are in DC to attend the meetings. El Garhy is set to meet with IMF Managing Director Christine Lagarde and Executive Director Hazem El Beblawi, a number of MENA finance ministers and executives of top companies including Coca Cola and General Electric, according to a Finance Ministry statement. They will also take part in a round table discussion with World Bank Managing Director Jim Yong Kim, among others, about combating poverty and promoting healthcare.
Delegations from China and six African countries are in town today to attend the inaugural session of the China-Africa Cooperation Forum, Ahram Gate reports.