Scaling Up Local Currency Lending: A Strategic Imperative for Africa
Stories & Blogs OSAANov 19, 2024(News )Over 70 per cent of Africa’s debt increase in 2023 was due to currency depreciation, making external debt costlier to service and endangering financial stability.
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
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.