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.
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
5 ways that free trade can boost sustainable agriculture in Africa
Stories & Blogs World Economic ForumMay 21, 2024(Article )Africa could become the world's powerhouse, particularly with the African Continent Free Trade Area (AfCFTA) seeking to remove trade barriers.
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.
Rising Cyber Threats Pose Serious Concerns for Financial Stability
Stories & Blogs IMFApr 19, 2024(Blog Post )Greater digitalization and heightened geopolitical tensions imply that the risk of a cyberattack with systemic consequences has risen
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.