Development Unctad News Today

The United Nations Conference for Trade and Development (Unctad ) s a y s demand is surging for minerals that are critical for renewable energy technologies such as solar panels, wind turbines and electric vehicles (EVs). The development, it says, poses significant opportunities for developing countries rich in critical energy transition minerals, especially those grappling

Power Restored To Sierra Leone As Minister Quits

GENEVA, Switzerland—Science Undersecretary Leah J. Buendia, representing the Philippines, was elected as vice chaiman for the Asia Pacific Group of the United Nations (UN) Commission on Science and Technology for Development (CSTD) during its 27thh session held from April 15 to 19 in Geneva, Switzerland. The CSTD, an intergovernmental forum,…

Power Restored To Sierra Leone As Minister Quits

European Union (EU) Ambassador Rune Skinnebach says Malawi’ economy is under pressure amid lack of resilience and limited fiscal space. Speaking on the sidelines of a media engagement with members of the Blantyre Press Club on Tuesday, he said lack of resilience in Malawi comes because of poverty, with mandatory expenditures, at 94 percent, eating

Officials said that although the bulk of the heavy lifting in terms of FDI reforms has been completed, talks are ongoing to see if conditions for these key sectors can be further eased. Any changes will be made after the elections that end on June 1.

The government is examining if foreign direct investment norms (FDI) for banking, insurance and defence can be further liberalised, after rules were relaxed for the space and satellite sectors recently.

India Business News: The government is exploring the possibility of relaxing foreign direct investment norms for banking, insurance, and defence sectors. Talks are ongoing

Development aid inflows to Least Developed Countries (LDCs), including Malawi, is on the decline with more assistance to low-income countries facing structural impediments, the United Nations has said. Economic experts argue that declining aid to Malawi is an issue of concern as the country is struggling with rising debt service charges and shortage of foreign

Costs are escalating amid delays, according to British Chambers of Commerce research that shows UK exporters have also been hit