Scaling Up Local Currency Lending: A Strategic Imperative for Africa
Stories & Blogs OSAA (News )Over 70 per cent of Africa’s debt increase in 2023 was due to currency depreciation, making external debt costlier to service and endangering financial stability.
Trade in intermediate goods on the rise in Africa
Stories & Blogs WTO (Blog )Trade in intermediate goods (IGs) is playing an increasing role in Africa's economic development. In recent years, IG exports have risen much faster than imports, leading to a significant reduction in the continent's IG trade deficit.
WTO Secretariat hosts first conference on interplay between AI and global trade
Stories & Blogs WTO (News )The WTO Secretariat hosted a conference titled “How AI Shapes and is Shaped by International Trade” on 21 November to explore the opportunities and challenges artificial intelligence (AI) presents for global trade.
Leveraging geographical indications to increase the value of strategic African agricultural products
Stories & Blogs OSAA (News )Africa’s agriculture is at a turning point, and innovation and a proactive approach by African policymakers will be the key to unlocking the potential of various strategic agricultural products.
Silencing the Guns through STEM Education Investment in Africa
Stories & Blogs OSAA (News )Africa is experiencing population growth, with “youth bulges” that can become a demographic dividend contributing to the continent’s growth or a “demographic threat” that could stress the job market and fuel instability.