Reciprocal tariffs should exclude vulnerable developing economies – UN trade body
Stories & Blogs Africa Renewal Magazine (Article )Amb. Martin Kimani, the new Chair of the Permanent Forum of People of African Descent lists economic empowerment, digital equity and solidarity as priorities.
UN forum tackles slavery reparations for Africa, people of African descent.
Stories & Blogs Africa Renewal Magazine (Article )The calls for reparatory justice can no longer be ignored, speakers at the United Nations Permanent Forum on People of African Descent said during the forum’s fourth meeting.
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.