News

By Rachid Bouhia, Economist, UNCTAD, and Emily Wilkinson, Researcher, ODI

The European Union has approved additional funds for a project supporting the African nation’s quest to diversify exports and reduce its dependency on oil for economic growth.

Guidelines to help governments, companies and consumers benefit from sustainable trade in precious plants and animals now include elements such as climate resilience and marine biodiversity.

Secretary-General Mukhisa Kituyi was recognized by the African Union Commission for his work during the process that established the African Continental Free Trade Area

The government sees honey as a product that could help diversify the country’s oil-dependent economy and is working with UNCTAD and the European Union to improve production and boost exports.

A new call to action urges countries to make BioTrade a lever for recovery and resilience in the wake of the pandemic.

The project is a point of convergence for conservation and sustainable use of marine resources, and a driver for a blue and green recovery from COVID-19.

UNCTAD's Trade and Development Report 2020 says coordinated public action is urgently needed for a better economic recovery.

UNCTAD's Trade and Development Report 2020 says the multilateral system needs to lend a bigger hand to developing countries given the constraints on their fiscal space.

UNCTAD's Trade and Development Report 2020 warns that the global economy has grown more fragile, marred by deeper inequalities.