Development aid hits record high but falls for developing countries
Stories & Blogs UNCTAD (News )Despite reaching historical levels in 2022, Official Development Assistance decreased by 2% ($4 billion) for developing regions, affecting over 70 countries and almost 3 billion people.
Trade growth likely to pick up in 2024 in spite of challenging environment.
Stories & Blogs WTO (News )The latest edition of the WTO’s “Global Trade Outlook and Statistics” foresees a gradual recovery in world merchandise trade volume in 2024 and 2025. This follows a contraction in 2023 driven by the lingering effects of high energy prices and inflation in
African Economies Projected to Grow by 3.4 % in 2024, But Faster and More Equitable Growth Needed to Reduce Poverty
Stories & Blogs World Bank (Press Release )Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa.