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The Gambia: Unleashing investment potential for sustainable development

Stories & Blogs UNCTADJul 30, 2024(News )

The African least developed country has made significant strides in attracting foreign direct investment. What more can be done to sustain the momentum?

New Country Policy and Institutional Assessment Report for Africa Highlights Best Practices to Support African Businesses.

Stories & Blogs World BankJul 16, 2024(Press release )

The annual Country Policy and Institutional Assessment (CPIA) for Africa confirms that countries in Sub-Saharan Africa (SSA) weathered 2023 relatively well thanks to credible economic and social policy reforms.

Critical minerals: Africa holds key to sustainable energy future

Stories & Blogs UNCTADJun 05, 2024(News )

The continent’s abundant mineral wealth also offers an opportunity to generate revenues for governments, finance development and improve living standards.

How Africa can harness critical mineral wealth to revamp economies

Stories & Blogs UNCTADJun 03, 2024(News )

The continent is the centre of attraction due to its huge deposits of the world’s reserves of minerals essential for renewable energy technologies like solar panels and electric vehicles: 55% of cobalt, 47.65% of manganese and 5.9% of copper, among others

Unlocking Africa's critical mineral wealth: Energy transition can pave path to new prosperity.

Stories & Blogs UNCTADMay 24, 2024(News )

Africa holds significant reserves of minerals critical for low-carbon technologies, like cobalt and manganese, offering opportunities for economic growth and development.

Development aid hits record high but falls for developing countries

Stories & Blogs UNCTADApr 11, 2024(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.

UNCTAD rebrands to 'UN Trade and Development'

Stories & Blogs UNCTADApr 09, 2024(News )

The strategic move underscores the organization's commitment to greater impact, with a new, clearer visual identity aiming to better reflect its work and values and to amplify its voice on behalf of developing countries.

African Economies Projected to Grow by 3.4 % in 2024, But Faster and More Equitable Growth Needed to Reduce Poverty

Stories & Blogs World BankApr 08, 2024(Press Release )

Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan 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.