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.
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.
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.
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.
ECA trains Mauritanian experts in collaboration with national tax authority
Stories & Blogs IMFOct 13, 2023(Story )The ECA Office for North Africa concluded in Nouakchott a capacity building workshop on double tax treaty models
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.