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Africa urgently needs concessional financing to build resilience against shocks, experts say | United Nations Economic Commission for Africa

Addis Ababa, 27 March 2023 (ECA) - With financial, health and climate shocks threatening to reverse two decades of development progress in Africa, experts have called for urgent concessionary financing to help the continent build resilience and boost economic growth.A mix of shocks including food and fuel impact of the Russia-Ukraine war, climate change impacts, conflict, and
Addis Ababa Ali Mansoor Adam Elhiraika Fenohasina Rakotondrazaka Maret Daouda Sembene International Monetary Fund
Source: uneca.org

More investment in data and statistics needed in Africa | United Nations Economic Commission for Africa

Addis Ababa, 21 March 2023 (ECA) - Africa is set to miss most of the Sustainable Development Goals (SDGs), according to current research. But countries can take action to accelerate sustainable development if they plan better and invest in effective data and statistical systems, says Oliver Chinganya, Director of the Africa Center for Statistics (ACS) of the Economic
Addis Ababa Oliver Chinganya Committee Of Experts National Development Economic Commission For Africa Communications Section
Source: uneca.org

Rising poverty, inequalities threaten Sustainable Development Goals | United Nations Economic Commission for Africa

Addis Ababa, 21 March 2023 (ECA) - Development experts have warned that persistent poverty and inequality are likely to undermine prosperity, peace and security in Africa unless governments embark on innovative and people-entered development models.โ€œIt is becoming increasingly unlikely that African States will achieve many of the targets set out in the Sustainable Development
Central African Republic Winnie Byanyima Addis Ababa Antonio Pedro Ahmed Shide Harvesh Seegolam
Source: uneca.org

COM2023 calls on member States to harness AfCFTA for Economic Resilience and Inclusion | United Nations Economic Commission for Africa

Addis Ababa, Ethiopia, 20 March 2023 (ECA) โ€“ Panelists at a High-level round-table discussion at the 55th Session of the Conference of African Ministers of Finance, Planning and Economic Development formulated recommendations on how the African Continental Free Trade Area can be leveraged to foster economic resilience, inclusion and recovery.Chaired by the Director of the ECA
Addis Ababa Yusuf Daya Claudine Uwera Michel Sidib Stephen Karingi Robert Ochola
Source: uneca.org

Financing climate resilience and a just transition in Africa | United Nations Economic Commission for Africa

Addis Ababa, 20 March 2023 (ECA) - Innovative and collaborative financing models are required to urgently finance climate action, particularly in Africa and emerging markets, concluded experts attending a round table on the socioeconomic implications of climate change and opportunities for leveraging green finance at the ministerial segment of the 55th Conference of African
France General Addis Ababa Jean Paul Adam Hassatou Diop Nsele United Nations Framework Convention On Climate Green Climate Fund
Source: uneca.org

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Africa must urgently invest in economic recovery, Finance Ministers Urge | United Nations Economic Commission for Africa

Addis Ababa, 21 March 2023 (ECA) - Africa should deploy innovative resource mobilization and accelerate economic recovery from multiple crises which have eroded two decades of development gains and increased poverty, Ministers of Finance have urged.In a Ministerial Statement adopted at the 55th session of the Conference of African Ministers of Finance, Planning and Economic
Addis Ababa Antonio Pedro Economic Commission For Africa Communications Section Sustainable Development Goals Sdgs Economic Development
Source: uneca.org

Africa should invest in people-centered strategies to accelerate economic recovery | United Nations Economic Commission for Africa

Addis Ababa, 20 March 2023 (ECA) - Africa - pummeled by a combination of crises - should swiftly invest in and implement people-centered strategies to mobilize financial resources and accelerate continental economic recovery, Economic Commission for Africa, acting Executive Secretary, Antonio Pedro has urged.Opening the ministerial segment of the 55th Session of ECAโ€™s
Addis Ababa Henry Musasizi Antonio Pedro Ahmed Shide Chairperson Of The Bureau Economic Commission For Africa
Source: uneca.org

Reducing poverty and inequalities will need inclusive economic policies | United Nations Economic Commission for Africa

Addis Ababa, 16 March 2023 (ECA) - Africa needs inclusive economic policies that promote sustainable growth while reducing poverty and inequality, Deputy Executive Secretary and Chief Economist of the Economic Commission for Africa (ECA), Hanan Morsy urged, underlining pro-poor policies as the cornerstone of recovery of the continent.Noting that Africa was โ€œfacing a perfect
Addis Ababa Hanan Morsy Economic Commission For Africa Economist Of The Economic Commission For Africa Communications Section Economic Development
Source: uneca.org

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