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United Nations Economic Commission for Africa (ECA)

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    • Africa: Finance and foreign ministers call for remaking the international financial system in the interest of developing countries
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Source: United Nations Economic Commission for Africa (ECA) |

Africa: Finance and foreign ministers call for remaking the international financial system in the interest of developing countries

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

Dozens of finance and foreign ministers met this week to call for radical action to reform the international financial architecture, empower developing countries in international institutions and channel trillions of dollars towards sustainable development in Africa and other developing countries.   Nine years after the historic agreement on financing for development,…

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

Call for the 2024-2025 Fellowship for Young African Professionals

The program aims to engage young Africans in skill and capacity development for Africa's social dimensions

The United Nations Economic Commission for Africa (ECA) has announced the opening for applications for the "ECA Fellowships for Young African Professionals." The program aims to engage young Africans in skill and capacity development for Africa's social dimensions. It focuses on training and mentorship to cultivate highly skilled human capital…

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

Forging efforts to promote transboundary water cooperation to address climate change impacts and reduce conflict risks

The accession of Côte d’Ivoire to the UN Water Convention will support relations with countries with which we share water resources

Faced with increasing water stress and climate change impacts on the water resources it shares with its neighbours, Cote d’Ivoire has joined the United Nations Water Convention – a UN treaty to improve joint water management across borders.  It is the 53rd Party to the Convention and 10th African country to join…

United Nations Economic Commission for Africa (ECA)

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    • Africa: Enhancing transparency in credit rating methodologies
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Source: United Nations Economic Commission for Africa (ECA) |

Africa: Enhancing transparency in credit rating methodologies

For African countries, the transparency of credit rating methods is not just a technical issue, but a critical factor for better engagement and communication with rating agencies

In the dynamic landscape of global finance, credit rating has a significant influence on the economic prospects of nations. For African countries, the transparency of credit rating methods is not just a technical issue, but a critical factor for better engagement and communication with rating agencies. Despite the continent's vast…

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

Synergy for the Future: United Nations and Intergovernmental Organizations (IGOs) united for Sustainable Development in West Africa

The objective of this Regional Forum was primarily to strengthen the partnership for sustainable development

The Government of Côte d’Ivoire, through the Ministry of Economy, Planning and Development, launched the annual meeting of the Regional Forum of Intergovernmental Organizations (IGOs) of West Africa on June 10th, in Abidjan, on the theme: "Strengthening the synergy of actions to accelerate regional integration and sustainable development in West…

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

The Economic Commission for Africa (ECA) Hosts Expert Group Meeting to Review Progress on Boosting Intra-African Trade

This initiative aims to foster seamless trade in goods and services, enhance Africa’s global trade position, and drive sustainable socio-economic development

In a critical step towards bolstering Africa’s economic integration, the United Nations Economic Commission for Africa (ECA) in collaboration with the African Union (AU) is convening an Expert Group Meeting (EGM) on 19 June 2024 in Douala, Cameroon. The meeting aims to evaluate and enhance the implementation of the Boosting…

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

Despite challenges, Southern Africa has improved financial inclusion with adoption of digital financial services

The aim of the regional profiles is to provide detailed information on the countries' financial sectors, documenting recent trends, progress, challenges, and opportunities for a deeper financial sector

South African countries performed well on their financial inclusion, between 2011 and 2021. Progress is partly attributed to rapid adoption of digital financial services including mobile money, according to financial experts at a webinar on the African Financial Sector Southern Africa. Organized by the Economic Commission for Africa (ECA) in…

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

Roadmap to operationalize Pharma Initiative into start-up Phase of the African Pooled Procurement Mechanism adopted

Focus in the start-up phase of the African Pooled Procurement Mechanism (APPM) will now also include Sexual, Reproductive, Maternal, Neonatal and Child Health (SRMNCH)

African Ministers of Health, Finance and Trade, experts and development partners have adopted an approach towards the transitioning of the AfCFTA-anchored Pharmaceutical Initiative (Pharma Initiative) into the start-up Phase of the African Pooled Procurement Mechanism (APPM) ensuring continuity and keeping the momentum in advancing healthcare access, kick starting industrialization, and ensuring…

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

United Nations Economic Commission for Africa and Kaduna State Government Conducts Comprehensive Training on New Pensioner Verification App for Kaduna State Residents Identity Management Agency (KADRIMA)and Pension Bureau Staff

The training session, held at the KADRIMA head office, included 39 KADRIMA staff members (23 field officers and 19 HQ staff), and 4 key staff members from the Pension Bureau

The UNECA in collaboration with the Kaduna State Government, has successfully conducted a training session for 43 staff members from the Kaduna State Residents Identity Management Agency (KADRIMA) and the Kaduna State Pension Bureau. This training aims to equip the staff with the skills necessary to effectively use the newly…

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

United Nations Economic Commission for Africa's (ECA) Claver Gatete urges youth to raise their voice in shaping Africa’s development

70 percent of the population in Africa are young people and that by 2030, 42 percent of the global youth will be from Africa

Economic Commission for Africa, Executive Secretary, Claver Gatete, has challenged African youth to raise their voice in shaping the future development of the continent ahead of the Summit of the Future. Opening the African Youth Consultative Forum on the UN Summit for Future held in Addis Ababa, Mr. Gatete, emphasized…