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…

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…

African Development Bank Group (AfDB)
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    • The African Development Bank's financial support for Zambia aims to increase private sector participation in the economy, with a particular emphasis on agro-industrial development and climate-smart investments
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Source: African Development Bank Group (AfDB) |

Zambia: African Development Bank grants loan of $108 million to strengthen economic governance

The funds allow the implementation of the Fiscal Sustainability and Economic Resilience Support Programme which is a key pillar in efforts to build a resilient and diversified Zambian economy

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $108 million to Zambia for an initiative aimed at strengthening the country's economic governance and implement reforms in key public sectors. The funds allow the implementation of the Fiscal Sustainability and Economic Resilience Support Programme…

Source: The Presidency of the Republic of South Africa |

President Ramaphosa concludes meeting with Mpumalanga Provincial Executive

The meeting agreed on further enhancing inter-governmental cooperation in addressing pressing issues in the provision of basic services such as water and sanitation and electricity

President Cyril Ramaphosa has concluded a constructive meeting with the Mpumalanga provincial executive. This was a 3rd session between the National Executive and a provincial executive council following meetings with the provincial leadership of Limpopo and KwaZulu-Natal. Over the next year the National Executive is planning to meet with the…

OPEC Fund
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    • OPEC Fund Director General, Dr Abdulhamid Alkhalifa
    • OPEC Fund Building Inside
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Source: OPEC Fund |

The OPEC Fund for International Development (OPEC Fund) approves close to US$1 billion in new development financing

These projects will benefit countries across the globe and aim to bolster infrastructure, food security, renewable energy, economic resilience and governance in partner countries

The OPEC Fund for International Development (OPEC Fund) (www.OPECFund.org) has approved close to US$1 billion in new development financing over the last quarter of 2024, including during its 190th Governing Board meeting in Vienna today. These projects will benefit countries across the globe and aim to bolster infrastructure, food security,…

Expertise France
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    • New National Strategy to Boost Libyan Economy Through Free Zones and Transit Trade
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Source: Expertise France |

New National Strategy to Boost Libyan Economy Through Free Zones and Transit Trade

Through close collaboration with relevant stakeholders, the Ministry will develop specific action plans for each economic zone, securing resources and unlocking their potential to ignite economic growth and attract thriving investments

The Ministry of Economy and Trade in Libya, in collaboration with international experts from Expertise France (www.ExpertiseFrance.fr) and with the support of the European Union (EU), has finalized an in-depth National Free Zone and Transit Trade Strategy. This strategy aims to revitalize and develop the Libyan economy by attracting foreign…

Source: Economic Community of West African States (ECOWAS) |

Economic Community of West African States (ECOWAS) Deploys 120 Observers for the Presidential and Parliamentary Elections in Ghana

The ECOWAS support includes a $210 thousand US Dollars grant to key stakeholders (NCCE, NPC, CODEO and FOSDA)

The Economic Community of West African States (ECOWAS) has deployed one hundred and twenty observers for the ECOWAS Election Observation Mission (ECOWAS-EOM) to the Presidential and parliamentary Elections in Ghana. The observers were deployed today, December 5, 2024, in Accra, ahead of the December 7 General Elections. As part of…

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.…

Source: Economic Community of West African States (ECOWAS) |

President of Sierra Leone Graces Inter-Governmental Action Group against Money Laundering in West Africa's (GIABA) 42nd Plenary and 29th Ministerial Committee Meeting

GIABA remains a cornerstone of West Africa’s efforts to establish robust anti-money laundering and counter-terrorism financing frameworks, furthering regional and global security objectives

The President of Sierra Leone, His Excellency Brigadier Julius Maada Bio (Rtd), honored the 42nd Plenary and 29th GIABA Ministerial Committee (GMC) Meeting, held in Freetown from November 17 to 23, 2024. The week-long statutory meetings, regarded as the most successful showcased remarkable achievements in the fight against money laundering and…

Source: Economic Community of West African States (ECOWAS) |

Economic Community of West African States (ECOWAS) Supports Dakar 2026 Youth Olympic Games with A $300,000 Donation

The allocated funds will support the organization and promotion of this global sporting event, which will be held for the first time on the African continent

On the sidelines of the ECOWAS Youth Assembly, the National Youth Forum of Senegal, held in Dakar, Senegal, on November 26 and 27, 2024, the ECOWAS Commission, through its Youth and Sports Development Centre, presented a check for $300,000 to the National Olympic and Sports Committee of Senegal (CNOSS) in…