Advancing Inclusive Development: A Bold Roadmap for Transitioning Nations in Africa
Stories & Blogs UNDPFeb 14, 2025(Press Release )A new report launched by UNDP and the Institute for Security Studies, on the margins of the 38th African Union (AU) Summit, provides a bold, data-driven roadmap for navigating complex transitions in particular country contexts.
Should the failure of the low-income country debt sustainability framework be blamed for the ongoing sovereign debt crisis?
Stories & Blogs ECAFeb 13, 2025(Blog )The Low-Income Country Debt Sustainability Framework (LIC-DSF) was introduced in 2005 to assess debt sustainability, set non-concessional borrowing limits and guide aid allocation.
Scaling Innovative Finance for Growth in the Horn of Africa
Stories & Blogs World BankFeb 10, 2025(Blog )As we step into 2025, it’s a perfect time to reflect on the future of the Horn of Africa (HoA) and the opportunities ahead.
Trade in intermediate goods on the rise in Africa
Stories & Blogs WTONov 20, 2024(Blog )Trade in intermediate goods (IGs) is playing an increasing role in Africa's economic development. In recent years, IG exports have risen much faster than imports, leading to a significant reduction in the continent's IG trade deficit.
Tariffs on critical minerals and their role in the electric vehicle value chain
Stories & Blogs WTOAug 01, 2024(Blog )The shift towards clean energy technologies and electric vehicles (EVs) is gaining momentum as the world seeks to combat climate change.
Bribery becoming less accepted in Nigeria, says new report on corruption patterns and trends in the country.
Stories & Blogs UNODCJul 11, 2024(Press Release )Over 70 per cent of Nigerians who were asked to pay a bribe in 2023 refused to do so on at least one occasion, according to a new report from the United Nations Office on Drugs and Crime (UNODC).
UNDP and AfriCatalyst host capacity building workshop in Tanzania to support ongoing efforts to secure fairer credit ratings
Stories & Blogs UNDPJul 10, 2024(Press Release )With only eight years remaining to meet the 2030 Sustainable Development Goals deadline, African countries have an opportunity to secure favourable financing terms to meet their development aspirations.
Small Island Developing States summit: UN experts urge States and development banks to support endangered islands
Stories & Blogs OHCHRMay 23, 2024(Press Release )UN human rights experts* today called for urgent action by States, financial institutions and development banks to support small island developing countries struggling with the triple burden of climate disasters, debt crisis and the aftermath of the COVID
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.
African economies to grow modestly in 2024 amidst high borrowing costs, geopolitical instability and climate change impacts, according to UN flagship economic report
Stories & Blogs UNJan 04, 2024(Press Release )Slower global growth, tightening monetary conditions and elevated inflation weigh on growth outlook and sustainable development.