Timely reforms of the global financial institutions and architecture crucial for sustainable development and financing for development in Africa
Stories & Blogs ECAApr 25, 2024(Story )African ministers and senior officials are calling for timely reform of the global financial institutions and architecture for sustainable development and financing for development in Africa.
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.
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.