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UN financing for development negotiators review revised outcome draft

UN financing for development negotiators review revised outcome draft

21 May 2015
Delegates tasked with hammering out an outcome document for a UN conference on development finance reviewed a revised draft during an informal session held last week in New York, c...
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BRICS bank complements global financial mechanism

BRICS bank complements global financial mechanism

21 May 2015
The BRICS development bank is expected to start operations around the end of this year and play a complementary role to existing global financial mechanisms. The bank, known as Ne...
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ECOWAS calls on developed countries to consider debt cancellation for three Ebola affected West African countries

ECOWAS calls on developed countries to consider debt cancellation for three Ebola affected West African countries

21 May 2015
The 47th Ordinary Session of the Authority of Heads of State and Government has opened in Accra with a call on multinational countries to consider debt cancellation for the three W...
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tralac’s Daily News selection: 20 May 2015

tralac’s Daily News selection: 20 May 2015

20 May 2015
The selection: Wednesday, 20 May ICGLR Heads of State and Government: statement ECOWAS Council of Ministers: statement African Union: popular version of Agenda 2063   ...
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SACU: 2013/14 challenging and important year

SACU: 2013/14 challenging and important year

20 May 2015
Launching the latest Southern African Customs Union Annual Report, its Executive Director, Paulina Elago remarked that the customs union had survived the most challenging year in i...
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Africa loses $50 billion a year through tax avoidance and fraud, report states

Africa loses $50 billion a year through tax avoidance and fraud, report states

20 May 2015
Africa’s money that could be used to improve lives and reduce poverty is leaving the continent through illicit financial flows defined as money illegally earned, transferred and ...
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African Continental Free Trade Area discussed and UNCTAD’s suggestions presented

African Continental Free Trade Area discussed and UNCTAD’s suggestions presented

20 May 2015
African Union Trade Experts meeting in Addis Ababa from 8 to 10 May 2015, considered UNCTAD’s suggestions on policy and negotiation options for building the African Continental F...
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“Unleashing the power of trade”: Statement by Mr. Joakim Reiter at the Trade and Development Commission

“Unleashing the power of trade”: Statement by Mr. Joakim Reiter at the Trade and Development Commission

20 May 2015
Opening Statement by Mr. Joakim Reiter, Deputy Secretary-General, UNCTAD at the seventh session of the Trade and Development Commission, 18-22 May 2015 Good morning and welco...
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Foreign products constitute 80% of counterfeits in African market, say SON, ARSO

Foreign products constitute 80% of counterfeits in African market, say SON, ARSO

20 May 2015
The African Organisation for Standardisation (ARSO) and the Standards Organisation of Nigeria (SON) yesterday stated that products imported from countries outside Africa constitute...
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MEPs subject to fierce lobbying on conflict materials

MEPs subject to fierce lobbying on conflict materials

20 May 2015
The European Commission on Tuesday (19 May) said mandatory requirements on EU companies to trace conflict minerals would hurt trade. EU trade commissioner Cecilia Malmstroem told ...
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SA banks facing forex fines

SA banks facing forex fines

20 May 2015
Far more conservative and far less leveraged than their global counterparts, South African banks may yet face massive fines from the country’s competition authorities for alleged...
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tralac’s Daily News selection: 19 May 2015

tralac’s Daily News selection: 19 May 2015

19 May 2015
The selection: Tuesday, 19 May Today, in Accra: 47th Ordinary Session of the Authority of ECOWAS Heads of State and Government West African leaders meet Tuesday in Ghana’s capi...
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ECA and Tony Elumelu Foundation collaborate on a data revolution for Africa

ECA and Tony Elumelu Foundation collaborate on a data revolution for Africa

19 May 2015
The Tony Elumelu Foundation and the United Nations Economic Commission for Africa concluded a three-day working session to create a roadmap on how to implement an ambitious plan to...
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EAC Secretary General’s Private Sector CEO Forum held in Dar

EAC Secretary General’s Private Sector CEO Forum held in Dar

19 May 2015
The Secretary General of East African Community, Amb. Dr. Richard Sezibera has assured Chief Executive Officers of Private Businesses and Business Leaders/Owners in Tanzania that t...
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Where does the world stand in reaching Sustainable Energy objectives?

Where does the world stand in reaching Sustainable Energy objectives?

19 May 2015
The world is on the right track to make sustainable energy a reality for everyone by 2030, but that can only happen if countries dramatically accelerate their efforts and have acce...
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Africa must open up to Africa, says Uhuru

Africa must open up to Africa, says Uhuru

19 May 2015
Kenyan President Uhuru Kenyatta has urged African governments to open their borders, trade with each other and reduce dependency on foreign aid. Speaking at the Pan African Parlia...
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Improving non-oil export with EEG scheme review

Improving non-oil export with EEG scheme review

19 May 2015
For serious economies, local incentives that will assist exporters of value-added products in managing their operational costs and ensuring maximal business profits as well as retu...
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Ethiopia plans export hubs with $10 billion factory parks

Ethiopia plans export hubs with $10 billion factory parks

19 May 2015
Ethiopia is targeting $1 billion of annual investment in industrial parks over the next decade to boost exports and make it Africa’s top manufacturer, a special adviser to Prime ...
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tralac’s Daily News selection: 18 May 2015

tralac’s Daily News selection: 18 May 2015

18 May 2015
The selection: Monday, 18 May African Economic Outlook 2015 This 2015 Outlook’s thematic chapter will focus on regional development and spatial inclusion. It takes an analytica...
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Developing Asia now invests more abroad than any other region, UNCTAD report says

Developing Asia now invests more abroad than any other region, UNCTAD report says

18 May 2015
Countries in developing Asia have, for the first time, collectively invested more money abroad than countries in the North American and European regions, the latest UNCTAD Global I...
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