Addis Ababa, Ethiopia | Xinhua | Carbon markets present a great opportunity for African countries to tap into the continent’s abundant natural resources, the United Nations Economic Commission for Africa (UNECA) Acting Executive Secretary Antonio Pedro has said. Pedro made the statement ahead of Africa’s flagship economic gathering, the 2023 …
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Addis Ababa, Ethiopia | Xinhua | Amid multiple financial, health and climate crises affecting the African continent, the UN Economic Commission for Africa (UNECA) has urged African countries to introduce pro-poor and inclusive recovery efforts to foster economic transformation. The urgent call was made by UNECA Acting Executive Secretary Antonio …
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Addis Ababa, Ethiopia | Xinhua | The implementation of the African Continental Free Trade Area (AfCFTA) agreement should be expedited as the free trade zone will boost intra-African trade and accelerate industrialization, the UN Economic Commission for Africa (ECA) Acting Executive Secretary Antonio Pedro has said. “While the AfCFTA’s promise is …
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African Continental Free Trade Area (AfCFTA) to stimulate investments, growth and pandemic recovery Nairobi, Kenya | Xinhua | The East African Business Council (EABC), a regional trade lobby, will harness opportunities presented by African Continental Free Trade Area (AfCFTA) to stimulate investments, growth and pandemic recovery, executives said Wednesday at a …
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Addis Ababa, Ethiopia | Xinhua | A two-day Summit of African Heads of State and Government on Cybersecurity ended on Thursday, with the adoption of a continental declaration on cybersecurity and the fight against cybercrime in Africa. The two-day Summit of African Heads of State and Government on Cybersecurity, which was …
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About nine out of ten extremely poor people in the world currently live in Africa Addis Ababa, Ethiopia | Xinhua | The United Nations Economic Commission for Africa (UNECA) has warned the COVID-19 pandemic could further exacerbate Africa’s extreme poverty as a total of 514 million Africans are projected to fall …
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Addis Ababa, Ethiopia | Xinhua | The East Africa Community (EAC) economies have proven to be relatively resilient in terms of the catastrophic impact of the COVID-19 pandemic despite greater need for economic diversification, according to a newly launched United Nations Economic Commission for Africa (UNECA) report. The newly launched …
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Addis Ababa, Ethiopia | Xinhua | Educational attainment gaps have limited the success of women-owned businesses in Africa, according to a report newly published by the United Nations Economic Commission for Africa (UNECA). The “Women’s Entrepreneurship Report” studied data from tens of thousands of African entrepreneurs and firms to establish links …
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Addis Ababa, Ethiopia | Xinhua | Africa should close the inequality gaps if the continent is set to realize recovery targets aftermath of the COVID-19 pandemic, Vera Songwe, Executive Secretary of the United Nations Economic Commission for Africa (UNECA), said on Thursday. “If we do not find ways of closing …
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Addis Ababa, Ethiopia | XINHUA | The industrialization and trade potential of the African Continental Free Trade Area (AfCFTA) agreement cannot be realized without adequate quality infrastructure systems, a new report by the United Nations and the African Union (AU) report said. The newly published report, entitled “Identifying Priority Products …
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