Kampala, Uganda 21 November 2019 – The UN Economic Commission for Africa (ECA) and Trademark East Africa (TMEA) launched the National impact assessment report that presented the effects of the African Continental Free Trade Area (AfCFTA) on Uganda, during a national AfCFTA stakeholder consultation meeting on 31 October 2019.
7 November 2019 (ECA) - Regional integration represents a unique opportunity for East African countries to strengthen their economies, affirmed delegates concluding the Economic Commission for Africa (ECA) meeting which ended in Asmara on Thursday.
Representatives of governments, private sector, regional economic communities and civil society from 14 Eastern African countries adopted unanimously the Asmare communiqué at the end of the three-day regional meeting which was taking place for the first time in Eritrea.
Asmara, Eritrea, 6 November 2019 (ECA) - The travel and tourism industry is an important economic sector that puts the bread on the table for 7.2 million East Africans. According to Geoffrey Manyara, the ECA Economic Affairs Officer, capitalizing on tourism potential will significantly accelerate Economic Development in the region.
Asmara, Eritrea, 6 November 2019 (ECA) - With a rapidly growing population, East Africa is facing a pressing employment challenge, and the current economic growth, albeit impressive, is not enabling the creation of enough decent jobs to tackle this challenge. Policy reforms are needed to ensure the growth creates more jobs and reduces poverty.
Asmara, Eritrea, 6 November 2019 (ECA) - Innovative financing solutions could satisfy the growing need for clean and affordable energy in Africa. The new ECA’s SDG7 initiative will help towards bridging the financing gap, while structural challenges have to be addressed to attract more private investments.