UNECA Archives - Ethio Negari

28 Aug

African Nations Unite to Tackle Rising Debt in State-Owned Enterprises

ethionegari@gmail.com0 CommentsBusiness, NewsAddisAbaba, Debtrelief, ECA, ECOSOC, EthioNegari, Ethiopia, Ethiopianews, SOE, UNDP, UNECA

In a concerted effort to address the escalating debt challenges faced by State-Owned Enterprises (SOEs) in Africa, the United Nations Economic Commission for Africa (ECA) organized a high-level workshop in Pretoria from August 21 to 23, 2024. This gathering brought together finance policymakers, industry experts, and international organizations to exchange best practices and develop strategic solutions for effective SOE debt management across the continent. The workshop saw participation from officials representing the Ministries of Finance from Cameroon, Ethiopia, Ghana, Nigeria, South Africa, and Zambia. Also in attendance were representatives from the United Nations Development Programme (UNDP), the African Forum and…

27 Aug

African 4th Ministerial Council meeting adopts key declarations

ethionegari@gmail.com0 CommentsBusiness, NewsECA, EthioNegari, Ethiopia, Ethiopianews, Kenya, Lamuport, UNECA

The Economic Commission for Africa (ECA), in collaboration with the government of Kenya, recently hosted the fourth Ministerial Council meeting of the LAPSSET Corridor program. The theme of the meeting was "Unleashing Potential: The LAPSSET Corridor as a Catalyst for Sustainable Development, Seamless Connectivity, Regional Integration, and Trade." The event took place in Lamu County, Kenya on 21-22 August 2024 and was attended by government officials, representatives from Ethiopia, Kenya, and South Sudan, development partners, and business leaders. The LAPSSET Corridor program in Eastern Africa promotes trade and cultural exchange, with Lamu playing a key role. The Joint Technical Committee…

16 Aug

Transparency and Fair Trade Critical for Africa’s Energy Transition – ECA’s Antonio Pedro

ethionegari@gmail.com0 CommentsEnvironment, NewsAddisAbaba, africaenergy, AntonioPedro, CETMs, ECA, EthioNegari, Ethiopia, UNECA, UNEP

Africa's energy transition hinges on transparency and fair trade, according to Antonio Pedro, Deputy Executive Secretary of the United Nations Economic Commission for Africa (ECA). Speaking at a webinar in Addis Ababa on Critical Energy Transition Minerals (CETMs) and the UN Global Framework for Just Energy Transitions, Pedro emphasized the need for a competitive mineral resources development environment. He noted that Africa must capitalize on mineral prices before technological advances create substitutes. Pedro highlighted the importance of value addition and beneficiation to curb the export of unfinished mineral products. "To maximize rewards from the mineral value chain, African countries must…

27 Jul

Financing for development summit kicked off in Addis Ababa, Ethiopia

ethionegari@gmail.com0 CommentsBusiness, News4thF4D, AddisAbaba, ECA, EthioNegari, Ethiopia, Ethiopianews, Finance4development, UNECA

First Preparatory Committee meeting of the Fourth International Conference on Financing for Development concludes in Addis Ababa with renewed focus on bridging gaps in SDG financing and delivering international financial architecture reform Dozens of finance and foreign ministers met this week to call for radical action to reform the international financial architecture, empower developing countries in international institutions and channel trillions of dollars towards sustainable development in Africa and other developing countries. Nine years after the historic agreement on financing for development, the Addis Ababa Action Agenda, United Nations Member States once again convened in Addis Ababa, Ethiopia, to renew the…