Eastern Africa

East Africans to discuss how to pave the way for transformative growth

Moroni, Comoros, 7 Novembre 2017 (ECA) - Industrial-led growth is an important driver in achieving national development targets. This was underscored at the 21st meeting of the Intergovernmental Committee of Experts (ICE) of Eastern Africa that opened this Tuesday at Retaj  Moroni Hotel in Comoros.

Over 200 participants from 14 countries have gathered to discuss catalysts and constraints to transformative growth in Eastern Africa. Among the constraints, the lacklustre performance of the manufacturing sector was highlighted. 

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Attaining Transformative Growth in Eastern Africa - the Focus of Discussions in Comoros

Moroni, Comoros, 2 November 2017 (ECA) - The growth rate of Eastern African countries has been among the fastest in the world in recent years, averaging 6.8% between 2012 and 2015. However, in 2016 and 2017, the regional growth rate declined to 5.6 percent. Moreover, the evolution of per capita income growth has been much more modest while instability has increased.

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Africa’s rapid urbanization can be a driver of industrialization

Kigali, Rwanda, 20 October 2017 (ECA) -  By 2035, half of Africa's population will be urban, compared to just one third in 1990. This rapid urbanization creates growing challenges in terms of infrastructure and services’ needs, but it can also be a driver of industrial development on the continent, under the right policy framework.

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ECA trains economists in Rwanda on economic modelling

Kigali – Rwanda 18 October 2017 (ECA)-“Whenever negotiating complex economic agreements with uncertain outcomes, you need your own set of numbers, otherwise you may be in a weak position!”

Andrew Mold, the acting Director of the Sub-regional Office for Eastern Africa (SRO-EA) of the United Nations Economic Commission for Africa (ECA), made these comments at the opening of a 5-day training for government officials in Rwanda on macroeconomic modelling,

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The Blue Economy

The concept of the Blue Economy integrates a new approach to the economic exploitation of the resources of our oceans, lakes, rivers and other bodies of water.

Alongside the “green economy”, it represents a basis for rational and sustainable use of natural resources, both renewable and non-renewable. For the Eastern African sub-region, the Blue Economy has assumed a special significance, since the sub-region spans the entire central belt of the continent of Africa, reaching from the Western Indian Ocean to the Atlantic, and taking in the vast aquatic reserves of the Great Lakes.

Expert group meeting to validate APRM study on major bottlenecks facing Africa underway in Kigali

Kigali, Rwanda, September 15, 2017 – (ECA) – An expert group meeting to validate an African Peer Review Mechanism (APRM) Study on ‘Major Bottlenecks Facing Africa’ is currently underway in Kigali, Rwanda.

The two-day expert group meeting was jointly organized by the APRM Continental Secretariat and the Economic Commission for Africa (ECA).

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ECA calls Uganda to make industrial policy more effective

Kampala – Uganda 14 September 2017 (ECA)- In the last two decades, Uganda’s economy has been performing impressively and has managed to reduce, by over half, the proportion of people living in poverty. However, in 2016 the country registered the lowest rate of economic growth in the last 30 years. This dilemma was at the central of the discussions at the High Level Economic Growth Forum held today in Kampala.

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An ABC of Industrialisation in Uganda: Achievements, Bottlenecks and Challenges

The development of the Ugandan economy is at a crossroads. While the country’s growth record over the last 30 years has been impressive, there is a pervasive feeling that the current paradigm is running out of steam. In 2016, Uganda registered the lowest rate of economic growth in the last 30 years. Income inequality has risen, and job creation has been lackluster. As a consequence, growth has not been sufficiently inclusive.

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