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

African countries trading more outside the continent than amongst themselves, Economic Commission for Africa (ECA) report

The report shows Africa’s regional integration agenda is progressing, albeit slowly

The African share of global trade remained at less than 3 per cent, driven largely by merchandise trade, an indicator that African countries continue to trade with the rest of the world more than among themselves, according to a new report on Assessment of progress on regional integration in Africa…

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

Home-made solutions can steer Africa’s transition into inclusive, low carbon, and resource-efficient economies

Africa needs to enhance energy access and affordability - less than 2 percent of global clean energy investments flow to Africa

The 42nd meeting of the Committee of Experts of the Conference of Ministers of Finance, Planning and Economic Development (COM2024) kicked off today in Victoria Falls, Zimbabwe with a call for countries to transition into inclusive, low carbon, and resource-efficient economies by tapping into home-grown innovative solutions for financing. The annual ECA…

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

United Nations Economic Commission for Africa (ECA) and Google Sign Agreement to Foster and Accelerate Digital Transformation in Africa

The MoU will seek to further explore specific key areas of interest pertaining to digital skills development for Africa's burgeoning young population, startup development, increasing financial inclusion, strengthening cybersecurity and online safety measures

The United Nations Economic Commission for Africa (ECA) and Google LLC (Google) have signed a landmark Memorandum of Understanding (MoU) to foster and accelerate digital transformation in Africa on the margins of the 2024 edition of the Africa Business Forum.  The partnership is founded on the complementary expertise and strengths…

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

Pension Fund and Alternative Investment Africa (PIAfrica): Reshaping African markets: Deciphering the Investment Conundrum for Growth

This event offers a distinctive opportunity to explore new investment pathways, particularly within alternative investments, while addressing associated challenges and concerns

The 7th edition of the Pension Fund and Alternative Investment Africa (PIAfrica) Conference will bring together Pension Fund Managers, Investment Managers, Institutional Managers, and industry leaders. This event offers a distinctive opportunity to explore new investment pathways, particularly within alternative investments, while addressing associated challenges and concerns. The conference is scheduled to…

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

Message of the Secretary-General for the International Day of Women and Girls in Science

It is time to recognize that inclusion fosters innovation, and let every woman and girl fulfil her true potential

Gender equality in science is vital for building a better future for all. Unfortunately, women and girls continue to face systemic barriers and biases that prevent them from pursuing careers in science. This deprives our world of great talent. Today, women make up only one-third of the global scientific community,…

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

Lamu Port, South Sudan, Ethiopia (LAPSSET) initiative continues to gain momentum as the first Joint Technical Committee Meeting is held in Nairobi

The LAPSSET Corridor Development Program is a regional infrastructure project that aims to connect Kenya, Ethiopia, and South Sudan through a network of ports, highways, railways, pipelines, airports, and resort cities

The first Lamu Port, South Sudan, Ethiopia (LAPSSET) Corridor Development Program joint Technical Committee meeting was held from 24-25 January 2024 in Nairobi, Kenya. The meeting was organized jointly by the footprint countries, in partnership with the United Nations Economic Commission for Africa (ECA)  and the NEPAD/APRM Kenya Secretariat. The…

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

Countries worldwide to experience a slow economic growth this year despite continued declining inflation rate, warns a UN report

The economic growth in Africa he said is projected to remain weak, increasing from an average of 3.3 per cent in 2023 to 3.5 per cent in 2024

The global GDP growth is projected to slow from 2.7 per cent in 2023 to 2.4 per cent in 2024,  according to the World Economic Situation and Prospects (WESP) 2024 launched by the Economic Commission for Africa (ECA) in Addis Ababa, Ethiopia. Growth is forecast to improve moderately to 2.7…

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

Economic Commission for Africa (ECA) Preparations for African Electric Mobility Regional Value Chains Kick-off in Rabat

The workshop provided participants with a better understanding of the economic potential of electric mobility value chains on growth, job creation and market opportunities

The ECA office for North Africa launched on 16-19 January 2024 in Rabat (Morocco) a workshop on “Developing Regional Value Chains in E-Mobility for Zambia, Morocco, and the DRC.” This event was organised as part of an ECA project aimed at fostering the emergence of African electric mobility value chains…

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

Economic Commission for Africa (ECA)’s Economic Report on Africa/ERA 2023: Building Africa’s Resilience to Global Economic Shocks

The report carries important lessons regarding how African countries must incorporate climate change in the design and implementation of their long-term growth strategies

Climate-induced catastrophic events have led to severe humanitarian crises in Africa. Between 2000 and 2022, a total of 407.5 million people in Africa were affected by natural disasters. During this time, 4.2 million people became homeless, 53,610 people died and 52,205 were injured. This is according to the Economic Report…

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

Economic Commission for Africa (ECA) convenes Member States to strengthen development planning processes

The workshop was attended by development partners and representatives from various divisions within the Economic Commission for Africa (ECA)

Development planning experts from countries across Africa concluded a Peer-Learning Workshop to exchange ideas on strengthening development planning processes in support of the implementation of SDGs and Agenda 2063. The workshop was also attended by development partners and representatives from various divisions within the Economic Commission for Africa (ECA). The…