Page 29 - Communications Section News Today

New York, 2 February 2023 (ECA) - African countries should institute wide ranging fiscal reforms to expedite sustainable recovery from multiple crises which have hindered industrialization and economic diversification, the Economic Commission for Africa’s (ECA) Acting Executive Secretary, Antonio Pedro, has urged.“Ensuring a sustainable recovery, which protects populations and

Addis Ababa, 2 February 2023 (ECA) - On the back of multiple crises to hit African economies, governments should increase development spending to stimulate fast and sustained recovery, the Economic Commission for Africa (ECA) has urged.Launching the World Economic Situation and Prospects 2023 (WESP) report in Addis Ababa this week, Mr.

Addis Ababa, 31 January 2023 (ECA) - The Economic Commission for Africa - a think tank with specialist expertise in African and international trade policy - has recommitted to helping Ethiopia’s trade policy agenda that aims to foster industrialization and sustained economic growth.Although Ethiopia remained outside the regional and global trading regimes for a long time, this

Accra, 29 January 2023 (ECA) - Trade experts, business executives, and advocates of the African Continental Free Trade Area (AfCFTA) from across the continent have expressed concerns about the slow progress on the ratification of the Protocol on the movement of people.The Agreement has, thus far, been signed by fifty-four of the fifty-five African Union (AU) Member States.

Accra, 26 January 2023 (ECA) - The private sector is recognized as an indispensable stakeholder in the African Continental Free Trade Agreement (AfCFTA), especially given its ability to catalyze sustainable economic development and job creation.“Africa’s private sector accounts for80 percent of total production, two-thirds of investment, and three-quarters of credit, and

Addis Ababa, 18 January 2023 (ECA) - The 55th Session of the Economic Commission for Africa (ECA) Conference of African Ministers of Finance, Planning and Economic Development (CoM2023) will be held from March 15-21, 2023, in Addis Ababa, Ethiopia.The Session, a statutory meeting of the ECA, will review the state of economic and social development in Africa as well as progress

Addis Ababa, 19 January 2023 (ECA) - The Ninth Session of the Africa Regional Forum on Sustainable Development (ARFSD-9) will be convened in Niamey, Niger, from 28 February to 2 March 2023.The Forum is organized jointly by the Economic Commission for Africa (ECA) and the Government of Niger, in collaboration with the African Union Commission, the African Development Bank and

Addis Ababa, 18 January 2023 (ECA) - The implementation of the African Continental Free Trade Area (AfCFTA) should be expedited as the free trade zone will boost intra-African trade and accelerate industrialization, the Economic Commission for Africa (ECA) Acting Executive Secretary, Mr. Antonio Pedros, has urged.“While the AfCFTA’s promise is high, that promise can be

Addis Ababa, 6 January 2023 (ECA) - The Economic Commission for Africa (ECA) is streamlining its operations to support member states accelerate industrialization and economic diversification which are key to Africa’s development, the Acting Executive Secretary, Antonio Pedro, has said.In an end-of-the-year review message, Mr. Pedro notes that the ECA - underpinned by strong

Addis Ababa, 16 January 2023 (ECA) - The African Continental Free Trade Area (AfCFTA) is an opportunity for young people to accelerate Africa’s industrialization and economic transformation through entrepreneurship, youths say, calling for an enabling policy framework.Through its Youth Protocol, the AfCFTA recognises that young people can play a critical role in the