Source: United Nations Economic Commission for Africa (ECA) |

Next-generation Regional Collaborative Platform meeting kicks off for first time with regional UN entities in Africa

The new platform will engage with the African Union in April and accelerate its effort to deliver on its promise with an impact-oriented focus on implementations

Africa’s regional know-how, assets and policy expertise will be more systematically channeled to the Resident Coordinators and United Nations Country Teams (UNCTs) across the continent as they help countries ensure an inclusive and sustainable transition out of the COVID-19 crisis, UN Deputy Secretary-General and Chair of the UN Sustainable Development…

United Nations Economic Commission for Africa (ECA)
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Source: United Nations Economic Commission for Africa (ECA) |

UN forum unveils the wonders of artificial intelligence and other Science, Technology and Innovations for Africa

The African Artificial Intelligence Research Centre is being designed to improve the current landscape of Artificial Intelligence research in Congo and in Africa

Africa could expand its economy by a staggering $1.5 trillion dollars, by capturing just 10% of the speedily growing artificial intelligence (AI) market, set to reach $15.7 trillion by 2030. Vera Songwe, UN Under-Secretary-General and Executive Secretary of the Economic Commission for Africa (ECA), made the argument Thursday. She was…

Source: United Nations Economic Commission for Africa (ECA) |

Regional forum explores inclusive green growth as a sustainable path to Africa’s development

The regional forum is an annual Economic Commission for Africa event aimed at advancing an integrated implementation of the 2030 Agenda and Agenda 2063

“Current growth trajectories suggest that many countries will fail to achieve the SDGs by the 2030 deadline,” said Jean-Paul Adam, Director of Technology, Climate Change and Natural Resource Management at the Economic Commission for Africa (ECA). The ECA director underscored the importance of “reconstructing our socioeconomic systems by leveraging opportunities…

Source: United Nations Economic Commission for Africa (ECA) |

South Africa’s women’s minister seeks voice for women in AfCFTA

The minister emphasized the importance of extending the benefits of the AfCFTA to both formal and informal sector women, disability and youth enterprises

South Africa’s Minister of Women, Youth and Persons with Disabilities, Ms Maite Nkoana-Mashabane, today called for women’s voices to be heard in the implementation of the African Continental Free Trade Area (AfCFTA) agreement. Ms Nkoana-Mashabane spoke during a virtual conference on leveraging the agreement to boost women’s economic empowerment jointly organized…

Source: United Nations Economic Commission for Africa (ECA) |

African Trade Policy Centre (ATPC), Business Unity South Africa (BUSA) host conference on women’s empowerment in the African Continental Free Trade Area (AfCFTA) era

The virtual event is aimed at creating a better understanding of the contribution of the private sector to policies that will advance the economic empowerment of women under the trade bloc

The African Trade Policy Centre (ATPC), a unit of the Economic Commission for Africa (ECA), in collaboration with Business Unity South Africa (BUSA), will host a conference on leveraging the African Continental Free Trade Area (AfCFTA) to boost women’s economic empowerment on Tuesday 23 February. The virtual event is aimed…

Source: United Nations Economic Commission for Africa (ECA) |

Coronavirus: African ministers meet with IMF, ECA on immediate economic response to COVID-19

Equitable access to COVID-19 vaccines was highlighted as an imperative for building forward better

The Executive Secretary of the Economic Commission for Africa (ECA), Vera Songwe, on Friday 5 February 2021 met with African Ministers in charge of finance and the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, to discuss immediate economic response to the COVID-19 pandemic. During the virtual meeting,…

Source: United Nations Economic Commission for Africa (ECA) |

Coronavirus - North Africa 35th Intergovernmental Committee of Senior Officials and Experts (ICSOE) to Discuss Conditions for Sound, Post-COVID-19 Recovery in North Africa

This year’s edition of the ICSOE meeting for North Africa is taking place as the sub-region is suffering from one of the biggest economic chocs in its modern history

The ECA office for North Africa will organise the 35th meeting of the Intergovernmental Committee of Senior Officials and Experts (ICSOE) for North Africa on Tuesday 17 November, under the theme: “Recovering from COVID-19: Policies and Strategies for North Africa”. Due to the COVID-19 pandemic, this year’s edition of the event…

Source: United Nations Economic Commission for Africa (ECA) |

United Nations Economic Commission for Africa (ECA) and Institute of International Finance (IIF) Host Private Investors, African Finance and Development Ministers to Discuss the Role of Private Capital During the Crisis, and Post-Pandemic Recovery

This meeting also follows up from the ministers of finance and development meetings the ECA has been convening as part of its support to member states on the crisis

The United Nations Economic Commission for Africa (ECA) and the Institute of International Finance (IIF) released the following statement after a virtual meeting of delegates representing African finance and development ministries, and the private creditor community to discuss the role of the private sector in supporting low-income countries through the…

Source: United Nations Economic Commission for Africa (ECA) |

Coronavirus - Africa: New ECA report calls on governments to harmonize trade & cross-border policies

The report recommends that African nations should cooperate and harmonize COVID-19 border regulations to reduce delays

The Economic Commission for Africa (ECA) on Thursday launched a new COVID-19 cross-border trade report urging governments on the continent to adopt and harmonize policies that will help continent strike an appropriate balance between curbing the spread of the virus and facilitating emergency and essential trade. Titled Facilitating cross-border trade through…

Source: United Nations Economic Commission for Africa (ECA) |

Coronavirus - Africa: Vera Songwe urges China to participate in the G20 Debt Service Suspension Initiative in support of Africa’s liquidity needs

China has been at the forefront, calling on the international community to increase support in the fight against the epidemic in Africa

Economic Commission for Africa’s Executive Secretary, Vera Songwe, has called on China to honour the pledge made by President Xi Jinping on his country’s participation in the G20 Debt Service Suspension Initiative (DSSI), which she said, “would go a long way towards supporting Africa’s liquidity needs during this difficult time.”…