Despite challenges, Southern Africa has improved financial inclusion with adoption of digital financial services
Stories & Blogs ECAJun 18, 2024(Story )Countries in Southern Africa performed well on their financial inclusion, between 2011 and 2021, thanks to their rapid adoption of digital financial services including mobile money. This is according to financial experts at a webinar on the African Financ
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.
AFCFTA-Anchored Pharmaceutical Initiative Ministerial Meeting on the endorsement of the Centralized Pooled Procurement Framework and signature of its Legal Instrument
Stories & Blogs ECAMay 16, 2024(Event )The implementation of the Pharma Initiative is anchored on the Africa Medicines Agency (AMA) and AfCFTA, geared towards fostering inclusive and sustainable socioeconomic development through a single market of approximately 1.4 billion people.
Money is Power: Leveraging Finance to Strengthen Women’s Financial Resilience in Africa
Stories & Blogs ECAApr 25, 2024(Story )Money makes the world go around, as they say. Conversely, the world stops if you do not have that resource.
Carbon tax on fossils fuels, marine and aviation transport could generate additional development financing for Africa
Stories & Blogs ECAApr 25, 2024(Story )A carbon taxation regime covering carbon tax on fossil fuel, maritime transport, and aviation could generate additional funds to support the Africa energy transition, says Claver Gatete, Executive Secretary of ECA
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.