June 20
Africa: Global Foreign Investment Declines for Second Year As Geopolitical Tensions Rise, UN Trade Body Reports
Foreign direct investment (FDI) fell by two per cent to $1.3 trillion in 2023 amid global economic slowdown and rising geopolitical tensions, according to a report released on… Read more »
February 22
Africa: Climate and Conflict Collide On the High Seas - UN Warns of Soaring Costs and Delays
Attacks on commercial shipping in the Red Sea coupled with wider geopolitical and climate-related crises, are upending international trade, inflating costs and causing major… Read more »
January 25
Africa: The Red Sea Shipping Crisis Is Having a 'Dramatic' Impact, Warns Logistics Chief
Attacks against shipping in the Red Sea by Houthis are devastating for global trade and supply chains, already reeling under the impacts of the war in Ukraine and climate… Read more »
August 16, 2023
Africa: Continent Can Become New Global Supply Chain Force - UNCTAD
African economies should seize the opportunity to better integrate into technology-intensive global supply chains and boost prosperity, but this depends on their ability to harness… Read more »
July 10, 2023
Africa: One Year of the Black Sea Initiative - Key Facts and Figures
For almost a year, the UN-brokered Black Sea Initiative agreed by Russia, Türkiye, and Ukraine has allowed millions of tonnes of grain and other foodstuffs to leave Ukraine's… Read more »
May 24, 2023
Africa: African Free Trade Area Could Spur Sustainable Growth - UN Chief
The robust growth that many African countries experienced before COVID-19 was lost to the pandemic, UN Secretary-General António Guterres said on Wednesday, highlighting the… Read more »
December 06, 2022
Africa: Developing Countries Face 'Impossible Trade-Off' On Debt - UNCTAD Chief
Spiralling debt in low and middle-income countries has compromised their chances of sustainable development, the head of UN trade facilitation agency UNCTAD has warned. Read more »
October 06, 2022
Africa: WTO Anticipates Sharp Slowdown in World Trade Growth in 2023
Trade growth is expected to lose momentum in the second half of this year and remain subdued in 2023, as the global economy sustains multiple shocks, such as ripple effects from… Read more »
September 29, 2022
Africa: Black Sea Exports Ramp Up, Bringing Confidence to Global Commerce and Food to Most Vulnerable
Two months since the Black Sea Grain Initiative kicked into action to help release desperately needed grain and fertilizer from ports in Ukraine and Russia, confidence is returning… Read more »