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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, 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, 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.“It is becoming increasingly unlikely that African States will achieve many of the targets set out in the Sustainable Development

Addis Ababa, Ethiopia, 20 March 2023 (ECA) – 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, 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