News

By Paul Akiwumi, Director for Africa and Least Developed Countries, UNCTAD

Solving the challenges facing this diverse group of nations, which are home to three out of four people, is critical to putting the world on a more sustainable and inclusive post-COVID-19 development path.

The continent grows most of the world’s raw cashews but only processes a fraction of them, missing out on a wealth of opportunity offered by booming global demand.

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.

By Perks Master Ligoya, Ambassador of Malawi, and Paul Akiwumi, Director for Africa and Least Developed Countries, UNCTAD

A new UNCTAD tool measures countries' capacity to achieve social and economic transformation and helps track their ability to achieve the United Nations Sustainable Development Goals.

UNCTAD says uncertainty about the COVID-19 pandemic’s evolution and the global investment policy environment will continue to affect FDI flows in 2021. For developing countries, the prospects for 2021 are a major concern.

UNCTAD Secretary-General sets down roadmap for health, productivity, prosperity and fixing a fractured global economy scarred by the coronavirus pandemic ahead of its October 2021 quadrennial conference in Barbados.

The COVID-19 economic crisis is forecast to reverse years of painstaking development progress in education and nutrition, and to pull 32 million people back into extreme poverty.

While it is the fastest growing economy in Latin America, the Dominican Republic’s economy is still not diversified enough, a joint report shows, highlighting what needs to be done.