Trade and Industry Committee (African Union)

Press release - Cyber Resilience Act: MEPs back plan to boost digital products security

Retrieved on: 
Mercredi, juillet 19, 2023
Workforce, Wi-Fi, Research, International Thorium Energy Committee, Trade and Industry Committee (African Union), Member of the European Parliament, MEP, House, Education, Risk, Worker standards board, Council, European, Arms industry, Risk management, Industry

The draft cyber resilience act approved by the Industry, Research and Energy Committee aims to ensure that products with digital features, e.g.

Key Points: 
  • The draft cyber resilience act approved by the Industry, Research and Energy Committee aims to ensure that products with digital features, e.g.
  • phones or toys, are secure to use, resilient against cyber threats and provide enough information about their security properties.
  • Thanks to the Cyber Resilience Act, hardware and software products will be more cyber secure, vulnerabilities will get fixed and cyber threats to our citizens will be minimised."
  • Consumers have fallen victim to security flaws linked to digital products such as baby monitors, robot-vacuum cleaners, Wi-Fi routers and alarm systems.

Afreximbank launches 4 billion US dollar Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA)

Retrieved on: 
Mercredi, avril 6, 2022
African Union, Risk, United Nations Economic Commission for Africa, JCR, Grain, GCR, Board, Moody's Investors Service, African Union Commission, COVID-19, African Continental Free Trade Area, Metal, Supply, Bank, AU, Finance Secretary (India), Technology, Goal, Social anxiety, Secretariat, AfCFTA, Republic, Liquidity adjustment facility, United Nations, Ivory Coast, Trade and Industry Committee (African Union), Solution, AUC, Senegal, Credit, Food security, Food, Union, UNECA, Japan Credit Rating Agency, Renewable energy, Pharmaceutical industry, African, Fitch, African Export–Import Bank

Recent examples include the Pandemic Trade Impact Mitigation Facility (PATIMFA) through which Afreximbank disbursed over US$7 billion in support of African economies in their fight against the Covid 19 pandemic.

Key Points: 
  • Recent examples include the Pandemic Trade Impact Mitigation Facility (PATIMFA) through which Afreximbank disbursed over US$7 billion in support of African economies in their fight against the Covid 19 pandemic.
  • UKAFPA compliant financing requests received from across Africa already exceeds US$15 billion.
  • We must now add the consequences of the ongoing Ukraine crisis to the catalogue of emergencies a strong Afreximbank has to contend with.
  • Afreximbank deploys innovative structures to deliver financing solutions that support the transformation of the structure of Africa's trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa.

Afreximbank launches 4 billion US dollar Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA)

Retrieved on: 
Mercredi, avril 6, 2022
African Union, Risk, United Nations Economic Commission for Africa, JCR, Grain, GCR, Board, Moody's Investors Service, African Union Commission, COVID-19, African Continental Free Trade Area, Metal, Supply, Bank, AU, Finance Secretary (India), Technology, Goal, Social anxiety, Secretariat, AfCFTA, Republic, Liquidity adjustment facility, United Nations, Ivory Coast, Trade and Industry Committee (African Union), Solution, AUC, Senegal, Credit, Food security, Food, Union, UNECA, Japan Credit Rating Agency, Renewable energy, Pharmaceutical industry, African, Fitch, African Export–Import Bank

Recent examples include the Pandemic Trade Impact Mitigation Facility (PATIMFA) through which Afreximbank disbursed over US$7 billion in support of African economies in their fight against the Covid 19 pandemic.

Key Points: 
  • Recent examples include the Pandemic Trade Impact Mitigation Facility (PATIMFA) through which Afreximbank disbursed over US$7 billion in support of African economies in their fight against the Covid 19 pandemic.
  • UKAFPA compliant financing requests received from across Africa already exceeds US$15 billion.
  • We must now add the consequences of the ongoing Ukraine crisis to the catalogue of emergencies a strong Afreximbank has to contend with.
  • Afreximbank deploys innovative structures to deliver financing solutions that support the transformation of the structure of Africa's trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa.