First Independent Mena Newspaper
African countries, facing cuts to traditional aid budgets in major donor countries, are under growing pressure to mobilize more of their own domestic resources to finance their development, the United Nations’ Economic Commission for Africa (UNECA) said. In a recent press release, the UNECA, citing data from the Organization for Economic Co-operation and Development (OECD), […]
Africa’s mounting debt burden — now standing at 64.3% of the continent’s GDP — is choking vital investments in health, education, and infrastructure, warns the United Nations Economic Commission for Africa (UNECA). Speaking at a recent Africa Regional Forum on Sustainable Development, UNECA executive secretary Claver Gatete painted a sobering picture: out of 144 Sustainable […]
Morocco, with its strong tax policies and investment in strategic infrastructures, can help to drive and speed up economic integration in Africa, according to the United Nations Economic Commission for Africa In a tweet posted following the meeting held Monday in Addis Ababa between ECA Executive Secretary Claver Gatete and Morocco’s Industry & Trade Minister […]
Morocco won the presidency of the UN Economic Commission for Africa (ECA), in an event that highlights the Kingdom’s clout and leadership within the continent. The one-year-term presidency will feature the chairmanship by Morocco’s industrial minister Ryad Mezzour of the Confederation of African Ministers for Finance, Planning, and Economic Development. Algeria, as was expected, attempted […]