“Middle-Income Trap” Hinders Progress in 108 Developing Countries.
Stories & Blogs World BankAug 01, 2024(Press release )More than 100 countries face serious obstacles that could hinder their efforts to become high-income countries in the next few decades, according to a new World Bank study.
Industrialization will drive national and regional economic growth and development
Stories & Blogs ECAJul 31, 2024(Story )Industrialization anchors economic growth, industrial development, and facilitates trade creation and special economic zones (SEZs) are a key policy tool in this endeavour.
The Gambia: Unleashing investment potential for sustainable development
Stories & Blogs UNCTADJul 30, 2024(News )The African least developed country has made significant strides in attracting foreign direct investment. What more can be done to sustain the momentum?
Finance and foreign ministers call for remaking the international financial system in the interest of developing countries
Stories & Blogs ECAJul 26, 2024(Story )First Preparatory Committee meeting of the Fourth International Conference on Financing for Development concludes in Addis Ababa with renewed focus on bridging gaps in SDG financing and delivering international financial architecture reform
Claver Gatete Calls for Reform of the Global Financial System to Address Africa’s Financing Challenges
Stories & Blogs ECAJul 22, 2024(Story )“The reform of the global financing system is urgent, as it can mitigate access to critical resources needed for the implementation of the SDGs.” Mr. Gatete said.
Explore Africa's Future: Africa Blue Economy Week 2024 Set to Make a Splash
Stories & Blogs UNDPJul 20, 2024(Press release )Africa’s vast coastline and abundant marine resources offer exceptional opportunities for transformative economic and social development. However, this potential has been hindered by environmental degradation, overexploitation and infrastructure deficits.
UN Global Compact and African Union Commission partner up to boost the Global Africa Business Initiative (GABI)
Stories & Blogs UN Global CompactJul 20, 2024(News )Through this collaboration they will seek to amplify the impact of sustainable business practices across Africa through the UN Global Compact's Africa Strategy.
For AfCFTA to be transformative, Central Africa adopts a framework to optimize inclusive regional value chains
Stories & Blogs ECAJul 19, 2024(Story )“The achievement of sustainable development goals, in particular the fifth on gender equality and the empowerment of all women and girls, depends on the ability of women to seize the opportunity offered by AfCFTA…” stated Prof Marie-Thérèse Abena Ondoa, C
New Country Policy and Institutional Assessment Report for Africa Highlights Best Practices to Support African Businesses.
Stories & Blogs World BankJul 16, 2024(Press release )The annual Country Policy and Institutional Assessment (CPIA) for Africa confirms that countries in Sub-Saharan Africa (SSA) weathered 2023 relatively well thanks to credible economic and social policy reforms.
As Africa’s Population Crosses 1.5 Billion, The Demographic Window Is Opening; Getting The Dividend Requires More Time And Stronger Effort
Stories & Blogs ECAJul 12, 2024(Story )On the World Population Day 2024, the United Nations’ Population Division released the 28th edition of official World Population Prospects (WPP) and forecast.