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Strong calls for innovative financing and reform of the international financial system to achieve the Sustainable Development Goals in Africa

Stories & Blogs ECAApr 01, 2024(Story )

urgent action is needed to increase capital flows into developing countries, particularly in Africa to make the SDGs stimulus a reality. Said Amina Mohammed, UN Deputy Secretary-General

African countries to dominate the world’s top 10 growing economies, ECA report.

Stories & Blogs ECAMar 28, 2024(Story )

African countries are predicted to dominate the world’s top 10 highest growing economies in 2024, according to a report on Recent Economic and Social Developments in Africa.

Critical minerals: Harnessing data key to unlocking hidden treasures

Stories & Blogs UNCTADMar 08, 2024(News )

An UNCTAD solution for developing countries to digitalize and share data on natural resources gains renewed significance amid soaring demand for minerals vital for the transition to clean energy.

Trillion-dollar shift urgently needed to align global finance with climate and development goals

Stories & Blogs UNCTADMar 06, 2024(News )

Eight years after the Paris Agreement, finance for fossil fuels continues unabated at trillions of dollars annually.

UNCTAD urges channelling net-zero finance to support the energy transition in developing economies.

Stories & Blogs UNCTADOct 17, 2023(News )

It issued the call at the 8th World Investment Forum, underscoring the vital need for capital in developing countries, where substantial growth opportunities exist.

World Investment Forum 2023: Global leaders urge action for sustainable development

Stories & Blogs UNCTADOct 16, 2023(News )

The UN Secretary-General calls for the public and private sectors to deliver $500 billion a year in affordable, long-term financing to developing countries.

Effective financial markets, key to sustainable development in Africa

Stories & Blogs ECAOct 12, 2023(Press Release )

Africa needs strong financial markets to unlock much needed capital to drive sustainable development on the continent, the acting Executive Secretary of the Economic Commission for Africa, Antonio Pedro, has urged.

African Ministers discuss comprehensive reform proposals for the IMF and the World Bank at the 2023 Annual Meetings

Stories & Blogs ECAOct 10, 2023(Press Release )

African Ministers of Finance, Planning and Economic Development have called for key reforms of the Bretton Woods Institutions at the 2023 Annual Meetings of the World Bank Group and the International Monetary Fund.

Commodity dependence: 5 things you need to know

Stories & Blogs UNCTADOct 09, 2023(News )

Agriculture, energy and mining products underpin global trade, but too much dependence on them can leave an economy vulnerable and people poor, especially in developing countries.

Review of Maritime Transport 2023: Facts and Figures on Africa

Stories & Blogs UNCTADSep 27, 2023(Information Note )

The African Continental Free Trade Area (AfCFTA) Agreement is expected to increase intra-African freight by 28% and demand for maritime freight by 62%.