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UNITED NATIONS ECONOMIC COMMISSION FOR AFRICA
The United Nations Economic Commission for Africa (ECA) has raised the alarm over Africa’s annual loss of an estimated $40 billion to illicit financial flows (IFFs) from the extractive sector, funds that could otherwise be channeled into infrastructure, education, healthcare, and job creation.
The United Nations Economic Commission for Africa (ECA) has raised alarms over the state of debt across the continent, revealing that 40% of African nations are either in debt distress or at high risk.
The Acting Executive Secretary of UNECA, Antonio Pedro, said renewable energy could add up to $1.9 billion to Africa’s economy.
The United Nations Economic Commission for Africa (UNECA) has announced the launch of a Liquidity and Sustainability Facility...