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Economic Development

This beat covers micro and macro-economic issues, including policies, infrastructure, urbanization, FDI, the role of private sector, regional integration, debt, and recovery.

Secretary-General António Guterres (centre) attends the official opening of the fourth International Conference on Small Island Developing States (SIDS4).

New 10-Year Plan offers lifeline to small islands developing states

Small Island Developing StatesGlobal community commits to resilient economies and climate action at SIDS Conference.
Tropical forest in Africa.

New revenue streams: Using Africa’s vast renewable energy and natural resources for premium carbon credits

carbonVoluntary carbon market could reach $10–$40 billion by 2030, and create up to 190 million jobs in Africa by 2050 if carbon price per tonne reaches $80
Agenda 2063: Second Ten-Year Implementation Plan banner.

Accelerating Africa’s Journey Towards a Prosperous Future

African Union Development Agency-NEPAD (AUDA-NEPAD)Bold Steps Towards Unity, Peace, and Prosperity in the Second Decade of Agenda 2063
Mr. Claver Gatete, Under-Secretary-General and Executive Secretary of the ECA, welcomes Ms. Amina J. Mohammed, Deputy Secretary-General of the United Nations and Chair of the United Nations Sustainable Development Group, at the start of the Africa Regional Forum on Sustainable Development (ARFSD-10).

Reforming global financial structures: Paving the way for financing for sustainable development in Africa

sustainable developmentLeaders at the Africa Regional Forum on Sustainable Development (ARFSD-10) say this is the continent’s message to the Summit of the Future to be held in September 2024 in New York
Artisanal and Small-scale Miners.

Transforming Artisanal Mining Can Be Beneficial for People and the Planet

miningEmpowering Artisanal Mining: A Future of Sustainability and Prosperity for All
Fresh source.

Streamlining Egypt’s food value chain through technology

Farah Emara’s agri-tech start-up connects fresh fruit and vegetables farmers to buyers by leveraging data and technology
Epsy Barr - Chair, Forum on People of African Descent.

We must confront the legacy of slavery, tackle systemic racism

African DescentEpsy Alejandra Campbell Barr, Chair of the Permanent Forum on People of African Descent, emphasizes the need for African descendants and Africans to collaborate in addressing common challenges
Closing Remarks by Mr. Claver Gatete at the 56th session of the Economic Commission for Africa and Conference of African Ministers of Finance, Planning and Economic Development

Broaden national tax base for more resources, African countries told

UNECA’s Hanan Morsy also called for digitalization of tax filing, removal of tax exemptions and ensuring prudent public spending.
A man asks a question.

Green financing could help Africa mitigate climate change effects

African DevelopmentGreen bonds through public private partnerships can fund such projects and programmes.
Veronica Jakarasi, Chief Director, Climate and Meteorological Services of Zimbabwe

Green financing could help Africa mitigate climate change effects

Green bonds through public private partnerships can fund such projects and programmes
Members of a Village Savings and Loans Association in Rubkona, South Sudan. Through partners, Women Vision, UN Women South Sudan is empowering the women of Rubkona IDP camp through the VSLAs, enabling them to engage in productive businesses in the wake of COVID-19.

AfCFTA: Upcoming Protocol on Women and Youth in Trade a chance to empower women

AfCFTAWomen EmpowermentPolicies must ensure benefits of economic growth are equitably distributed, with a particular focus on gender inclusivity.
Project participants learn to install a modern beehive in Bailundo, Angola.

Angola: Soyo entrepreneurs switching from oil to sustainable agriculture

AfCFTAAngolaEmpretec training programme by UNCTAD is equipping them with the knowledge to explore new sustainable business opportunities.