UNECA

Africa’s sovereign debt surpasses $1tn – UNECA

The United Nations Economic Commission for Africa has said that Africa’s sovereign debt has reached a staggering $1 trillion, plunging the continent into a deep fiscal crisis. The Executive Secretary of UNECA, Claver Gatete, issued the warning at the 44th…

UNECA adopts payment mechanism for AfCFTA

The United Nations Economic Commission for Africa (UNECA), has adopted a system of payments to proceeds made from the African Continental Free Trade Area (AfCFTA). The Acting Executive Secretary of UNECA, Antonio Pedro said this on the sideline of the ongoing…