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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.

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.

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.

Commodity dependence: 5 things you need to know

Stories & Blogs UNCTADOct 09, 2023(News )

Agriculture, energy and mining products underpin global trade, but too much dependence on them can leave an economy vulnerable and people poor, especially in developing countries.

Unstoppable Africa 2023: Shaping A Future Of Prosperity And Innovation

Stories & Blogs UN Global CompactSep 25, 2023(News )

Boosting Africa’s standing in the global economy and establish the continent as the foremost destination for business, trade, and investment