Despite export diversification been a policy priority for Africa, the United Nations Conference on Trade and Development (UNCTAD) has expressed concerns that fewer than half of all African countries have succeeded as insufficient progress...
The UN's trade and development body has downgraded its global economic growth projection for 2022 to 2.6 per cent from 3.6 per cent due to the Ukraine war and changes in macroeconomic policies made by countries in recent months.
19 Dec 2021
The United Nations Conference on Trade and Development (UNCTAD) has revealed that Africa’s current untapped export potential amounts to $21.9 billion, equivalent to 43 per cent of intra-African exports.
15 Dec 2021
With productivity-boosting measures, the African Continental Free Trade Area (AfCFTA) agreement could reduce poverty and inequality while spurring sustainable and inclusive growth,...
17 Nov 2021
By deploying renewable energy towards production as well as embracing a circular economy, Nigeria and other developing economies stand to benefit from a diversified production structure and improved domestic resource mobilization.