Democratic Republic of the Congo

With abundant resources and growing consumer market, Africa can become a prominent manufacturing destination for tech-intensive industries and a key link in global supply chains.

The renewal of the UN-backed initiative is vital to continuing to drive global food prices down and ensuring food security worldwide, especially in developing countries.

By renewing the Black Sea Grain Initiative, ending trade restrictions, facilitating exports and managing demand, we can get food, fertilizers and energy to all.

The world is on the brink of a “perfect storm” of crises, warns UN Secretary-General António Guterres. Dire consequences of the war on global food, energy and financial markets could upend billions of lives.

UNCTAD alerts global economic growth will decrease to 2.6% from 3.6% for 2022 and that developing countries will need $310 billion to meet their external public debt service requirements this year.

UNCTAD’s rapid assessment of the war’s impact on trade and development shows a rapidly worsening outlook for the world economy, with the situation especially alarming for African and least developed countries.

Growth in electric car sales is great news for the fight against climate change, but the mining of the minerals used in their batteries poses serious risks for the environment.