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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

DG Okonjo-Iweala welcomes President Assoumani of Comoros to the WTO

Stories & Blogs WTOJun 12, 2024(News )

The President announced that his country had taken the first step to ratify its imminent WTO membership.

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.

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

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.

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.