UNCTAD and AfCFTA Secretariat strengthen ties to boost regional integration and trade in Africa

UNCTAD and the African Continental Free Trade Area (AfCFTA) Secretariat have signed a memorandum of understanding to boost their joint efforts to promote regional integration and inclusive growth in Africa. The heightened partnership will enable UNCTAD to work closely with the AfCFTA Secretariat, African member states, regional economic communities, the business community and strategic development…

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ACCI Congratulates Newly Elected MAN Export Trade Group Chairman

Abuja Chamber of Commerce and Industry (ACCI) lauded the election of Oluwasoromidayo George as the chairman of Manufacturer Association of Nigeria Export Trade Group (MAN) Export Trade Group). The Director General ACCI, Dr Victoria Akai in a congratulatory message issued on behalf of the Chamber stated that the election of Oluwasoromidayo would bring great developments…

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RECON EXPO 2022 To Advance Economic Development In Housing and Infrastructure

The Real Estate and Construction Expo (RECON EXPO 2022) is the leading exhibition on Housing, Construction and Environment in Nigeria designed to meet the economic interest of participants and advance the economic development of Nigeria through private and public Sector Investments in Housing and Infrastructure. The RECON 2022 with the theme, “Building Wealth Through Investment…

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UNCTAD Warns of Policy-Induced Global Recession

Monetary and fiscal policy moves in advanced economies risk pushing the world towards global recession and prolonged stagnation, inflicting worse damage than the financial crisis in 2008 and the COVID-19 shock in 2020, UNCTAD warns in its Trade and Development Report 2022. According to the report, rapid interest rate increases and fiscal tightening in advanced economies…

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REA Launches Africa Minigrids Program (AMP) to Expand Energy Access Across Nigeria

The Rural Electrification Agency (REA) officially launched the Africa Minigrids Program (AMP) on 29th September, 2022, a four-year project funded by the Global Environment Facility (GEF) and supported by the United Nations Development Programme (UNDP) in Nigeria. The programme aims to support access to clean energy by increasing the financial viability, and promoting scaled up commercial investment, in renewable…

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ITC, UN Capital Fund Partner to Unlock Financing for Women, Youth and Small Businesses

The International Trade Centre (ITC) and UN Capital Development Fund (UNCDF) sign a Memorandum of Understanding (MoU) to unlock financing for small businesses, with a focus on women’s economic empowerment, youth entrepreneurship and supportive business ecosystems. Geneva) The International Trade Centre (ITC) and the UN Capital Development Fund (UNCDF) today strengthened their partnership to promote…

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Digital Economy: USAID Launches African Consumer Competition and Protection Initiative

USAID announced it will partner with the Federal Trade Commission (FTC) to launch a new initiative that will help protect consumers and increase competition in countries across Africa. This initiative will strengthen legal and regulatory frameworks and the institutional capacity to ensure that the benefits of the digital economy are not undermined by anti-competitive, unfair,…

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