United Nations Economic Commission for Africa
ECA Knowledge Repository (Economic Commission for Africa Knowledge Repository)Not a member yet
44071 research outputs found
Sort by
Southern Africa experts call for accelerated action to eradicate poverty, inequality and boost intra-Africa trade
No full textThe document reports on the Ad Hoc Expert Group Meeting (AEGM) and the 29th Intergovernmental Committee of Senior Officials and Experts (ICSOE) of Southern Africa, held in Gaborone, Botswana, from 6-7 November 2023. The meetings were organized by the Economic Commission for Africa (ECA) and the Government of Botswana
Macroeconomic and social developments in eastern Africa: changing gears? Catalysing economic and social recovery
No full textThis report focuses principally on three macroeconomic economic challenges for Eastern Africa: (i) the high debt burden, (ii) the inflationary pressures, and (iii) insufficiently high growth rates. We argue that resolving these challenges are key issues for the region to achieve both national and international development goals. The report also discusses the dynamics of Eastern Africa trade, and argues that priming regional trade, in the context of AfCFTA implementation, will play an important role in creating a stronger regional economy. Finally, the report provides a review of performance towards attaining the 2030 SDG goals – noting that the region is seriously lagging behind, particularly in meeting the targets of economic development. Eastern Africa has shown a remarkable ability to withstand the adverse effects of the global economic crises in recent years, according to international and regional benchmarks
Document thématique Financer la transition vers des économies vertes inclusives en Afrique : impératifs, possibilités et moyens d’action
No full textLe présent document de réflexion met en lumière les impératifs, les possibilités et les
options politiques pour la transition vers des économies vertes inclusives en Afrique,
avec la déclaration politique du Sommet sur les Objectifs de développement durable
et la Déclaration de Nairobi sur le changement climatique et l’Appel à l’action, de l’Afrique
Sommet sur le climat, qui s’est tenu en septembre 2023 et qui vise à soutenir la réalisation des
les sept objectifs du deuxième plan décennal de mise en œuvre de l’Agenda
2063
African Countries pay more to borrow
No full textThe current structure of sovereign debt in many African countries is a matter of increasing concern. Although traditional lenders and multilateral institutions hold a sizeable proportion of the foreign debt of those countries, private borrowing on less concessional terms accounts for an increasing share of it. Since the mid-2000s, private market debt has increasingly become a contributor to the rising level of external debt on the continent. The per country average share of public and publicly guaranteed long-term debt held by private creditors rose from 10.1 per cent in 2005 to 18.0 per cent in 2020. The increase was largely driven by a surge in borrowing through the issuance of sovereign bonds on the international markets from the mid-2000s onward. A large proportion of current debt is denominated in foreign currencies, which exposes many African States to foreign exchange risk. Moreover, with private loans, greater debt burdens and increased risks of default translate to higher interest rates. Against this backdrop, the purpose of the present policy brief is to demonstrate the debt vulnerabilities of African countries and evidence that they pay relatively higher premiums on their sovereign Eurobonds. In particular, the brief contains an examination of the role of credit ratings in determining bond spreads and their impact on the premiums in Africa
Doha Programme of Action for the Least Developed Countries : report on progress in implementation of priority areas in Africa
No full textThe Doha Programme of Action for the Least Developed Countries, which
covers the decade 2022–2031, was adopted on 17 March 2022 by the Fifth United
Nations Conference on the Least Developed Countries. The Doha Programme of
Action is the successor to the Programme of Action for the Least Developed
Countries for the Decade 2011–2020, known as the Istanbul Programme of Action,
and reflects the desire for a sustained and inclusive recovery from and greater
resilience to the coronavirus disease (COVID-19) pandemic, with no one left behind.
It is a set of renewed and strengthened commitments by least developed countries and
their development partners
Antonio Pedro stresses “proactive and adaptive” responses to meet emerging challenges
No full textThis press release describes Antonio Pedro the Acting Executive Secretary of ECA stressed the role of ECA together with its partners in rescuing the SDGs and accelerating the implementation of the African Union Agenda 2063
Antonio Pedro stresses “proactive and adaptive” responses to meet emerging challenges
No full textThis press release is discuses about Mauritius’ researchers and policy makers undergo training on ECA’s forecasting and policy simulation tool on the use of a macroeconomic modelling tool designed by ECA to support member states in forecasting and policy simulation
SDG7 Policy Briefs in support of the UN HLPF 2023
No full textThe constraints on African economies and communities brought on by the continent’s persistent energy access deficit have recently been made worse by the global energy crisis. This, in turn, has been brought on by the COVID-19 pandemic, the Russia-Ukraine conflict and the growing impact of climate change. If Africa is to achieve the development goals outlined in the United Nations 2030 Agenda for Sustainable Development and the larger African Union (AU) Agenda 2063, the continent needs a radical shift in how it views energy. It also needs urgent action to address its long-standing energy access issues. Such action must include increased financial support from donor countries and multilateral institutions. Many African countries are not on track to achieve the Sustainable Development Goal 7 (SDG7) target of ensuring everyone can access affordable, dependable, sustainable and modern energy. Access to reasonably priced and reliable modern energy services is also a crucial prerequisite for progress in many other development goals. The continent has an abundance of energy resources, both renewable and fossil, yet public resources are highly constrained. At the same time, there are low levels of private sector investment in Africa’s energy transformation and limited support for recovery from financial hardship. According to “Africa Energy Outlook 2022”, produced by the International Energy Agency (IEA), the continent has made progress towards universal energy access in recent years. Electricity coverage increased from 44–56 per cent of the continent’s population between 2010 and 2023
Cadre de mise en oeuvre d’un mécanisme centralisé d’achats groupés dans dix pays pilotes
No full textL’objectif de ce cadre est de décrire les principaux facteurs, catalyseurs et considérations pour opérationnaliser un mécanisme régional d’achats groupés en Afrique, ancré dans la Zone de libre-échange continentale africaine. L’objectif global de l’Initiative pharmaceutique ancrée dans la Zone de libre-échange continentale africaine est d’ancrer le libre-échange et l’investissement au sein du continent, facilités par des partenariats public-privé tout au long du continuum offre-demande, et d’éliminer les obstacles en vue de mettre en œuvre un agenda continental. Les objectifs spécifiques de l'Initiative sont les suivants : Élaborer un cadre continental pour établir un mécanisme régional d'achats groupés de produits pharmaceutiques essentiels ; Démontrer la validation de principe en pilotant le cadre de mise en œuvre des achats groupés de produits pharmaceutiques essentiels pour la santé reproductive, maternelle, néonatale et infantile dans 10 pays (Comores, Djibouti, Érythrée, Éthiopie, Kenya, Madagascar, Maurice, Rwanda, Seychelles et Soudan) ; Faciliter et promouvoir la production locale de produits pharmaceutiques en réponse à la demande accrue résultant des achats groupés ; Veiller au respect des normes de qualité lors de l’achat, du stockage, de la distribution et de la fabrication locale de médicaments et de produits connexes sur le continent
Report of the Conference of African Ministers of Finance, Planning and Economic Development on its work during the fifty-fith session of the Economic Commission for Africa
No full textThe meeting of the Conference of African Ministers of Finance, Planning and Economic Development was held in Addis Ababa in a hybrid format featuring both in-person and online participation on 20 and 21 March 2023 during the fifty-fifth session of the Economic Commission for Africa (ECA). The Acting Executive Secretary of ECA noted that Africa was at the centre of global sustainability transitions that should underpin the continent’s path towards recovery, ensuring structural transformation and economic diversification, building resilience, and achieving sustainable and inclusive growth in line with the 2030 Agenda for Sustainable Development. He said that, to that end, Africa must prioritize strong macroeconomic fundamentals for transformation, access to financing, reform of the global financial architecture de-risking of investments, and the curbing of illicit financial flows. In conclusion, he outlined the steps being taken by ECA to make itself more fit for purpose