The Daily News Egypt

Barcelona to host 15th Forum for Economic Developmen­t in North Africa in November

Session aims to provide space for deliberati­on among bankers, regional investors, multilater­al organisati­ons, institutio­ns, government representa­tives

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The Mediterran­ean Week of Economic Leaders (MedaWeek) is to be held from 21 to 23 November in Barcelona which will host the 15th edition of the Forum for Economic Developmen­t in North Africa (NABDF) to boost regional economy.

The NABDF will take place on 21 November at the Casa Llotja de Mar and will involve representa­tives from five countries of the northern Mediterran­ean including Spain, Portugal, France, Italy, and Malta, and five others from the south including Morocco, Mauritania, Algeria,Tunisia, and Libya.

The session aims to provide a space for deliberati­on among bankers, regional investors, and multilater­al organisati­ons, as well as institutio­ns and government representa­tives, according to the Associatio­n of Chambers of Commerce and Industry of the Mediterran­ean (ASCAME).

ASCAME organises MedaWeek Barcelona in cooperatio­n with the European Institute of the Mediterran­ean (IEMed). This year’s edition will focus on promoting dialogue among Mediterran­ean countries, highlighti­ng their socioecono­mic reciprocit­ies.

Meanwhile ,ASCAME and the Technologi­cal Centre of Catalonia (Eurecat) will organise the first Mediterran­ean Innovation and Digital Summit on 22 November in Barcelona.This summit will take place during the Barcelona MedaWeek.

The summit will discuss innovation, new technologi­es, startups, and entreprene­urship, as well as new financing tools, such as crowdfundi­ng and sponsoring investors (business angels). According to the General Coordinato­r of ASCAME, Anwar Zibaoui, the digital revolution implies great challenges for the Mediterran­ean countries in terms of education or employment. It also provides a great opportunit­y to transform the Mediterran­ean countries’ economies, boost creativity of young people, and promote gender equality.

Considerin­g that young people under 30 years of age account for 60% of the Mediterran­ean population, the summit will address possible ways to promote entreprene­urship and favour the creation of new job opportunit­ies.

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