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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

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.

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.

Review of Maritime Transport 2023: Facts and Figures on Africa

Stories & Blogs UNCTADSep 27, 2023(Information Note )

The African Continental Free Trade Area (AfCFTA) Agreement is expected to increase intra-African freight by 28% and demand for maritime freight by 62%.