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Reforming global financial structures: Paving the way for financing for sustainable development in Africa
Leaders 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
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
Artificial intelligence and Africa
Experts say supportive policies and robust infrastructure key for tech opportunities
Green financing could help Africa mitigate climate change effects
Green bonds through public private partnerships can fund such projects and programmes
Africa Day at COP28 to focus on financing climate action and green growth
2 Dec will be Africa Day under the theme ‘Scaling up Financing for Climate Action and Green Growth in Africa”
Policy, economic reforms key for Africa’s Industrialization revolution
Economic Commission for Africa Director says government commitment and homegrown solutions will boost AfCFTA
Migration can boost trade and regional integration under the AfCFTA
African governments are embracing migration as an opportunity for development, integration and trade
Call to improve jobs for youth in Africa
Creating a skilled workforce requires better access to quality basic education
Africa Climate Summit: Nairobi Declaration makes strong push for accelerated climate action and financing mechanisms
The Declaration will be the basis for Africa’s common position in COP 28 and beyond
African regulators urged to supervise credit rating agencies
This is to avoid erroneous assessments that discourage investment on the continent
African leaders call for more investments in green energy and water infrastructure
They spoke during Africa Day event on the sidelines of the High-Level Political Dialogue (HLPF) in New York on Wednesday
African Finance Ministers call for an IMF that is “fit for the 21st Century”
They want the operation model, lending instruments and governance structure strengthened to deal more effectively with global shocks such as the COVID-19 pandemic, the war in Ukraine and the unfolding climate crisis
African Ministers call for a reformed global debt architecture
Reviewing and updating of the IMF-World Bank Debt Sustainability Analysis is key to make it more SDG- and solvency-focused
Africa urged to invest in STEM education to grow scientific skills
Niger’s education minister, Habi Mahamadou, asked African countries to reform their higher education curricula to promote science, technology and innovation
Momentum builds for free movement under AfCFTA
Intra-African trade was largely stifled by stringent entry rules making it strenuous for citizens to move from one country to another
AfCFTA is key in cushioning African LDCs from external shocks
Current trade patterns have exposed Africa’s poorest to commodity price volatilities and global shocks due to current trading patterns
Private sector urged to “own and drive” Africa’s continental free trade
Africa’s private sector accounts for 80 per cent of total production, two-thirds of investment, three-quarters of credit, and employs 90 per cent of the working-age population
Global leaders urged to scale up support for the Great Blue Wall initiative
An Africa-led effort seeking to unlock blue economy potential and counter effects of climate change in the Western Indian Ocean region
Togo and UN sign MoU to establish the African Cybersecurity Centre
Based in Lome, the centre will promote cybersecurity and fight cybercrime
Green bonds to serve Africa’s sustainable investment needs
The innovative finance instrument can help fill the SDG financing gap
Trade ties: Zambia and DRC sign cooperation Agreement to manufacture electric batteries, create jobs
Both countries are home to 80 percent of minerals required for production of electric car batteries.
New project to help operationalize AFCFTA in eight countries
It will support the implementation of more than 30 activities in Burkina Faso, Côte d'Ivoire, Guinea, Mauritania, Niger, Senegal, Togo, and Tunisia
Africa’s first AI research centre launched in Brazzaville, Congo
Funded by the UNECA and partners, ARCAI aims to provide technology education and skills to promote job creation, bridge the digital divide, enhance inclusive economic growth, and ensure Africa’s ownership of modern digital tools.
Africa’s youth renew commitment to the SDGs
Africa’s Youth in The Decade of Action: Actors or Bystanders virtual hub mobilises young people for the Global Goals.
Digital technology key to property management
Technologies like drones help collect land photos for image analysis, and in the demarcation of plot boundaries.
UNECA and AUDA–NEPAD renew partnership to enhance sustainable growth in Africa
MoU’s six priority areas focus on accelerating progress on Agenda 2063 and the SDGs.
Innovative financing needed to tackle climate change in Africa
Experts at Africa Climate Week 2021 discuss climate action for pandemic recovery.
First continental review of the Global Compact for Safe, Orderly and Regular Migration concludes in Africa
Among the recommendations are protection of migrant rights, empowerment of local communities, strengthened information systems and implementation of existing policies.
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