Africa told to addressroot causes of conflicts
Africa cannot have sustainable development without sustaining peace, United Nations Deputy Secretary General, Amina Mohammed said Saturday.
UN report points how African governments boost revenue
A new report by the UN Economic Commission for Africa (UNECA) points out how Africa government can boost their revenue by up to 20% of their GDP.
Continental bank launches public, private climate financing for Africa
The public sector cannot provide enough finance to make African countries resilient to climate change impacts, and funding from the private sector is hard to come by. At the same time, many…
Experts suggest digitization for Africa’s revenue harvest
Digitization has been variously described as pivotal in ramping-up revenue collection for financing Africa’s development.
Africa advised to abandon tax holidays for investors
Chief Macroeconomist at the UN Economic Commission for Africa (UNECA), Adam Elhiraika, who is co-author of the 2019 Economic Report on Africa, advices African countries to abandon tax holidays for investors.
Addis to host Africa Hotel Investment Forum
Attracting many prominent international hotel owners, investors, financiers, management companies and their advisers, the Africa Hotel Investment Forum (AHIF), is set to return Addis Ababa, Ethiopia.
Ethiopian Airlines receives new cargo plane
Ethiopian Airlines today receives its first B737-8 Freighter, the first of its kind in the Ethiopian Cargo fleet mix.
Uruguay to help Africa improve its agriculture
A delegation from the Government of Uruguay on Friday met with the UN Economic Commission for Africa’s Deputy Executive Secretary, Giovanie Biha, and discussed on how to help improve Africa’s agriculture sector.
Commission to host African Minerals Development Center
The UN Economic Commission for Africa handed over the African Minerals Development Center (AMDC) to the African Union Commission (AUC) following its inception in 2012.
257 million people in Africa undernourished, UN says
A new UN report reveals 257 million Africans (20 percent of the population of the continent) are undernourished. The number has been increasing recently.
UN urges Africa to create 60 million jobs in pharmaceuticals
African continent can create jobs to 60 million in drug industries if the continent invest in the manufacturing of pharmaceuticals products locally, says UN official.
European Investment Bank invests 3 billion euro in Africa
The European Investment Bank agreed EUR 3.3 billion ($3.74 billion) of new financing in 2018 for private sector and infrastructure investment in 20 African countries.
50 Africa countries finance peacekeeping operations
With the objective of financing the peacekeeping operations in Africa by Africa countries, 50 Africa Union (AU) member states have contributed $89 million.
Report suggests policies to boost Africa’s GDP by $134 billion
The 2019 African Economic Outlook by the African Development Bank (AfDB) suggests five trade policy actions that can bring Africa’s total gains to 4.5% of its GDP, or $134 billion a year.