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

Burkina Faso benefits from the 3rd phase of the technical assistance project

The project aims to strengthen national institutional capacities to measure the added value of regional services value chains, assess the impact of services sector development on international trade, and facilitate the development of public policy frameworks

The Economic Commission for Africa (ECA), through its Market Institutions Section (MIS), supports member countries in promoting trade in services and integrating the services sector into regional and global value chains. A new technical assistance project is being implemented to unlock and stimulate the potential of financial services trade in…

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

United Nations Economic Commission for Africa (ECA) engages stakeholders on changing the dynamics of higher education in Africa

Educational experts, policymakers, members of the business and entrepreneurial communities, ICT and technology leaders, and educators participated in the event, sharing insights and strategies

ECA collaborated with stakeholders to examine the crucial role of higher education in promoting sustainable development in Africa at a forum on higher education in Africa, held from December 10 to 12, 2024, in Nairobi. Dubbed:  "2024 UNESCO Forum on Higher Education in Africa: A Driver for Sustainable Development," the…

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

The United Nations Economic Commission for Africa (ECA) hosts vibrant celebration of Arabic language and its digital future

The celebration featured presentations, including one by Muhammad Seid Abdellah of Addis Ababa University on the importance of Arabic in Ethiopian studies

The United Nations Economic Commission for Africa (ECA), in collaboration with the League of Arab States, the Council of Arab Ambassadors in Addis Ababa, and UNESCO celebrated Arabic Language Day with a vibrant program highlighting the cultural significance and global influence of the Arabic language. The event, held at the United Nations Conference…

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

Debt-for-nature swaps, a game-changer for the Democratic Republic of Congo's (DRC) climate action

Debt-for-nature swaps are financial mechanisms enabling countries to channel funds into conservation and climate resilience initiatives without accumulating additional debt

The Democratic Republic of Congo (DRC), a country rich in natural resources, is exploring launching a debt-for-nature swap to finance sustainable development projects while easing its public debt burden. This comes against the backdrop of a groundbreaking technical study, themed, Public Debt Swap Mechanism to Finance Climate Action in the DRC which…

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

A step forward for Egypt as stakeholders gear up to review women's land rights and tenure security guidelines

The involvement of member states is key to championing the process of turning decisions into action on key AU decisions

As a critical aspect of implementing the pursuit of and fulfilling the tenets of The AU Declaration on Land Issues and Challenges in Africa, the Economic Commission for Africa and have convened stakeholders to review draft guidelines on women’s land rights and tenure security in Egypt from 10-12 December 2024. “The involvement…

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

Transforming the Global Financial Architecture: New report advocates for International Monetary Fund (IMF) reforms to empower low- and middle-income countries

The Report is grounded on the work of the Africa High-level Working Group on the Global Financial Architecture, which is coordinated by the ECA

The United Nations Economic Commission for Africa (ECA) today launched the report: The IMF and the Future of the Global Financial Architecture, at the Ministerial Segment of the 5th Extraordinary Session of the African Union Specialized Technical Committee (STC) on Finance, Monetary Affairs, Economic Planning and Integration held in Abuja, Nigeria.…

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

Economic Commission for Africa (ECA) and partners hold a draft financial assessment report validation to help Lusaka City Council expand its fiscal space

The Economic Commission for Africa (ECA) was represented by Ms. Sweta Saxena, Director of Gender, Poverty, and Social Policy

“My vision for Lusaka City Council and other local governments is that through partnerships with stakeholders such as the United Nations – we can move towards developing digital tools that will help enhance our fiscal spaces as local authorities and once sustainable and concrete digital tools are rolled out only…

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

Boosting Financial Futures: Economic Commission for Africa (ECA) and West African Monetary Institute (WAMI) Capital Market Workshops in The Gambia and Liberia

The workshops emphasized the importance of robust regulatory frameworks to ensure transparency, efficiency, and investor protection in the capital markets of The Gambia and Liberia

The Economic Commission for Africa (ECA), in collaboration with the West African Monetary Institute (WAMI), has successfully concluded the second part of its series of workshops aimed at developing capital markets in West Africa. Following the initial workshops in Guinea and Sierra Leone, this phase focused on The Gambia (14-…

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

Low credit ratings for African countries see high borrowing costs and liquidity challenges

African countries need support and investment from partners to inject knowledge, skills, and nuance into their capacity to navigate the credit rating process

Low credit ratings for African countries are leading to high borrowing costs and liquidity challenges. This is according to panellists at a plenary session on harnessing sovereign credit ratings power for Africa’s economic transformation, organised by the Economic Commission for Africa at the 2024 African Economic Conference (AEC) in Gaborone,…

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

Empowering Africa's Future: Youth Dialogue Explores Tech Innovation for Economic Growth

The objective of the session was to examine how technological innovation, particularly at universities, could drive sustainable development in African economies

During a youth dialogue, a special event at the AEC 2024, experts explored how technological innovation could promote economic stability and growth in Africa. Moderating the discussion, Adetola Akinola said the objective of the session was to examine how technological innovation, particularly at universities, could drive sustainable development in African economies.…