Tag:United Nations Economic Commission for Africa (ECA)

Pandemic pushed 55m more Africans into poverty – ECA

Global shocks are turning millions of vulnerable people into Africa’s new poor and reversing decades of progress. Economic Commission for Africa (ECA) Acting Executive Secretary,...

667m Africans in extreme poverty – ECA

COVID-19 pandemic may have pushed additional 55 million Africans into extreme poverty, bringing the tally to 667 million. Acting Executive Secretary of the Economic Commission...

African Women Impact Fund launches with $60m commitment to drive inclusive investment environment

The Economic Commission for Africa (ECA) and Standard Bank Group, with the support of the Arab Bank for Economic Development in Africa (BADEA), the...

Green, social bonds to serve Africa’s sustainable investment needs

Green, Social, and Sustainable (GSS) bonds market remains a new frontier for Africa that will help the continent build a deeper, resilient and sustainable...

New project in support of African Continental Free Trade Area launched

The Enhanced Integrated Framework (EIF), the United Nations Economic Commission for Africa (ECA) and the International Islamic Trade Finance Corporation (ITFC) are partnering on...

Stakeholders seal agreement to build electric battery industry in DRC

A battery minerals industry is set to take off in the Democratic Republic of Congo (DRC) after a series of firm commitments were sealed...

Africa’s energy deficit may thwart attainment of SDG-7 on electricity access, says ECA

Achieving the UN Sustainable Development Goal-7 may elude Africa, due to limited supply and access to electricity, says Ms Vera Songwe, the United Nations...

Embedding and financing climate resilience underpins Africa’s recovery

The fifth African Climate Resilience Infrastructure Summit (ACRIS5), which was held virtually from June 16 to 17, 2021, highlighted that integration of climate resilience...

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Nigeria loses 24m tonnes of topsoil annually, says govt

The Federal Government says Nigeria loses about 24 million tonnes of topsoil annually due to erosion and land degradation,...
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Senate approves $516.3m loan for Sokoto-Badagry Superhighway project

The Senate has approved $516,333,700 syndicated financing facility for the construction of Sokoto-Badagry Superhighway. This followed the consideration and adoption...

Australian scientists use sunlight to convert plastic waste into clean fuels

Australian scientists are developing solar-powered technologies to convert plastic waste into clean fuels, offering potential solution to both pollution...

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Nigeria loses 24m tonnes of topsoil annually, says govt

The Federal Government says Nigeria loses about 24 million...

Senate approves $516.3m loan for Sokoto-Badagry Superhighway project

The Senate has approved $516,333,700 syndicated financing facility for...