African Union raises concerns over US withdrawal from UN funding
The African Union has expressed concern following a decision by the United States to halt funding and participation in several United Nations entities, warning that […]
UNCTAD
South Africa’s G20 Presidency to Focus on Boosting Investment in African Infrastructure
South Africa plans to leverage its Group of 20 (G20) presidency to drive investment in Africa’s infrastructure and productive sectors, aiming to boost the continent’s […]
Ethiopia attracts most FDIs in east Africa – UNCTAD
Ethiopia outperformed its east African neighbors in attracting foreign direct investments (FDIs) in 2023, according to the UN Conference on Trade and Development (UNCTAD). Ethiopia […]
Continental free trade area to boost e-commerce in Africa –UNCTAD
Opportunities abound for Africa to engage in and benefit from e-commerce and the digital economy as the African Continental Free Trade Agreement (AfCFTA) comes into […]
Tourism now contributes to about 8.5% to Africa’s GDP
African governments should make it easier and safer for Africans to travel within the continent and improve the tourism sector as it accounts for 14% […]
Central Africa saw FDI flows decline by 15% – UNCTAD
The United Nations Conference on Trade and Development (UNCTAD) on Wednesday released the report on foreign direct investment (FDI) around the world. According to the […]
Morocco’s Return to AU Imminent, King Mohammed VI Flies to Ethiopia
As Morocco is poised to regain its place within the African Union during the organization’s summit hosted by Ethiopia on January 30-31, King Mohammed VI […]
Africa loses $ 11 billion annually from fraud and tax avoidance, Oxfam
Multinational companies deprive African governments of 11 billion dollars in taxes each year, and the G7 world leaders should set up a new global body […]
UN report: Africa can become a global growth pole
The United Nations Organization has called African countries to pursue structural transformation to sustain growth, create jobs and reduce vulnerability to external shocks, asserting that […]