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
Africa’s Economic Sovereignty: The time is now for African-Led Solutions
Stories & Blogs Africa RenewalMay 24, 2024(Article )We need to gradually divest from systems that extract value from Africa and invest in systems that cultivate Africa and propel it towards a future where it is truly sovereign
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.
5 ways that free trade can boost sustainable agriculture in Africa
Stories & Blogs World Economic ForumMay 21, 2024(Article )Africa could become the world's powerhouse, particularly with the African Continent Free Trade Area (AfCFTA) seeking to remove trade barriers.
Trade growth likely to pick up in 2024 in spite of challenging environment.
Stories & Blogs WTOApr 12, 2024(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
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.
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.