Launch of South-South in Action: CADFund – 11 September 2020

September 9, 2020

When: 11 September 2020, 8:30-9:45 am NY time
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Side Event: 2020 UN Day for South-South Cooperation: Launch of South-South in Action Report:

CADFund: Promoting the Sustainable Development of Africa through South-South Investment

Background

Africa is a continent of hope and development, and its development is the shared wish of people around the world. With China being the world’s largest developing country and Africa the home to the greatest number of developing countries, the two parties need each other for development, prosperity and stability. Investment in Africa is an important component of China-Africa cooperation. At present, more than 3,700 Chinese enterprises have taken root in Africa.

The China-Africa Development Fund (CADFund) is one of the important initiatives of the Forum on China-Africa Cooperation. In the 13 years since its establishment, the CADFund has been committed to serving China-Africa cooperation with a market-oriented approach, giving full play to its financial advantages and guiding role as a platform. It has introduced Chinese enterprises as well as Chinese capital, technologies, production capacity and management experience to Africa and vigorously helped Africa to improve its own development capacity, increase tax revenues and expand exports. In this process, the CADFund has worked to strengthen cooperation with African governments and multilateral organizations and other development partners to respond to Africa’s needs and opportunities. In September 2018, the CADFund and the United Nations Office for South-South Cooperation (UNOSSC) signed a memorandum of understanding in which the two organizations committed to jointly promoting cooperation in poverty reduction, capacity development, joint research and project incubation in Africa.

As a follow up to this, UNOSSC and CADFund have jointly developed a South-South in Action report titled “China-Africa Development Fund: Promoting the Sustainable Development of Africa through South-South Investment”, which gives an overview of CADFund’s mission at advancing sustainable development and boosting industrialization in Africa through South-South investment. The publication demonstrates the concrete activities and the socio-economic impacts through different case studies.

UNOSSC and CADFund will launch this important publication along the side-lines of UN Day for South-South cooperation. The event will bring together project experts to share CADFund’s good practices and initiatives on South-South investment in Africa.

Agenda

Moderator:

Ms. Xiaojun Grace Wang, Deputy Director of Programmes and Operations, United Nations Office for South-South Cooperation (UNOSSC)

1- Opening Remarks

Mr. Jorge Chediek, Director of UNOSSC and Envoy of the Secretary-General on South-South Cooperation
Mr.Song Lei, Chairman of the China-Africa Development Fund (CADFund)

2- Launch of South-South in Action “China-Africa Development Fund: Promoting the Sustainable Development of Africa through South-South Investment” 3- Sharing of CADFund’s initiative in Africa Facilitator:

Ms. Shams Banihani, Knowledge and Research Specialist, UNOSSC

Sharing of CADFund’s initiative in Africa

Mr. Jia Shaoqian, President of Hisense Group, South Africa

Story from the Field

Ms. Khadija Torbay Lartey, Asogli Power Ghana Limited

Special commentators

Regional perspectives: Mr. Francois Ekoko, Regional Coordinator for Africa, UNOSSC
Research Perspectives: Mr. Hany Besada, Senior Programme Advisor and Researcher, UNOSSC

4- Q&A 5- Summary and Closing Remarks

Ms. Xiaojun Grace Wang, Deputy Director of Programmes and Operations, UNOSSC

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Call for Submission

The United Nations Office for South-South Cooperation (UNOSSC) is pleased to invite submissions of good practices. We seek examples of South-South and triangular cooperation that showcase innovative, impactful, and scalable solutions, demonstrating collaborative efforts among countries of the Global South as well as supported through triangular cooperation involving traditional donors, multilateral organizations, and developed countries.

These good practices will be featured on South-South Galaxy, UNOSSC’s global knowledge-sharing and partnership brokering platform. South-South Galaxy serves as a dynamic digital repository where development practitioners can access solutions, connect with partners, and engage in knowledge exchange. The platform enables real-time access to development solutions, direct connections with solution providers, and interactive learning opportunities.

The call for submissions aims to identify, document, and disseminate good practices that demonstrate the transformative potential of South-South and triangular Cooperation in addressing shared development challenges. By highlighting successful initiatives, UNOSSC aims to inspire further collaboration, foster knowledge exchange, and strengthen the global South-South and triangular Cooperation ecosystem.

Key Objectives

Showcase Success Stories

Highlight effective and replicable South-South and triangular cooperation initiatives that have contributed to sustainable development, poverty reduction, and the achievement of the SDGs

Knowledge Sharing

Facilitate the exchange of experiences, lessons learned, and innovative approaches among stakeholders, including governments, international organizations, civil society, and the private sector

Strengthen Partnerships

Encourage new and strengthened partnerships by demonstrating the value of South-South and triangular cooperation in addressing global challenges and fostering mutual learning

Inform Policy & Practice

Provide evidence-based insights to inform policymaking and programming at national, regional, and global levels

Focus Areas for Submissions

Submissions are welcome for all 17 SDGs. In particular, the submissions may address, but are not limited to, the following thematic areas

Poverty alleviation & Social Inclusion

Education and skills development

Debt Management & Sustainability

Migration & Diaspora Engagement

Climate & Environmental Sustainability

Digital Transformation & Innovation

Food Security & Agricultural Development

Technology Transfer & Capacity Building

Health & Well-being

Infrastructure Growth & Connectivity

Renewable Energy & Energy Access

Personnel Exchange

Gender Equality & Women’s Empowerment

Trade, Investment, & Economic Cooperation

Disaster Risk Reduction & Resilience Development

Submission Criteria

Horizontal Cooperation

Horizontal cooperation between two or more countries of the South

Knowledge Exchange

Facilitates systematic knowledge transfer between for mutual benefit, addressing complex transnational challenges that require collaborative solutions.

Innovative

Present creative approaches to development challenges and/or establishes more effective collaboration methods that enhance developing countries’ competitive advantages.

Replicable and Adaptable

Shows potential for implementation in diverse contexts with similar objectives, supported by successful applications or thorough feasibility studies.

Sustainable

Advances one or more SDGs through environmentally, economically, and socially sustainable practices that create lasting positive impact without compromising future needs.

Effective

Demonstrates strategic relevance in achieving specific SDG-related objectives, with evidence of successful implementation, scaling, and positive impact on communities.

Technically Feasible

Features straightforward learning curves and implementation processes.

Participatory

Fosters shared ownership of decisions and actions among all stakeholders.

Who can apply:

We welcome submissions from a wide range of entities, including but not limited to:

UN Agencies, Funds, and Programmes
International Financial Institutions and multilateral development organizations
Government Agencies/ Ministries
Civil society organizations
Academic and research institutions
Private sector entities
Philanthropic foundations
Regional and sub-regional organizations
Centers of Excellence

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Submission Process:

The submission process has two steps. Complete the Good Practices submission template (MS Word) and submit to naveeda.nazir@unossc.org; Cc: southsouth-galaxy@unossc.org. All submissions will undergo a review process managed by UNOSSC to ensure quality assurance as per the aforementioned criteria for quality assurance. Once reviewed and cleared, the partner organizations can upload the final submission via the South-South Galaxy Online Solutions Submission Form. Please note that registration on South-South Galaxy is required to access the submission form.

Interested parties are invited to submit their good practices by 15 May 2025.

Be part of our efforts to harness the power of South-South and triangular Cooperation in driving sustainable development and building a more equitable world. We look forward to receiving your submissions!