To act on climate change, the gap between their short-term debt and long-term investment must be closed COMMENT | ISHAC DIWAN & VERA SONGWE | If developing economies found it hard to manage their debts in 2023, they are likely to face even more formidable challenges this year. Though most …
Read More »Africa should close inequality gap to realize COVID-19 recovery
Addis Ababa, Ethiopia | Xinhua | Africa should close the inequality gaps if the continent is set to realize recovery targets aftermath of the COVID-19 pandemic, Vera Songwe, Executive Secretary of the United Nations Economic Commission for Africa (UNECA), said on Thursday. “If we do not find ways of closing …
Read More »UNECA chief says Africa needs greater energy source to power COVID-19 recovery
Kampala, Uganda | XINHUA | The UN Economic Commission for Africa (UNECA) on Friday stressed that the African continent will need greater energy sources to build back better in the aftermath of the COVID-19 pandemic. The statement was made by Vera Songwe, Executive Secretary of the UNECA, speaking during a webinar …
Read More »Over 300,000 Africans expected to die of COVID-19 -Report
Kampala, Uganda | THE INDEPENDENT | over 300,000 Africans could lose their lives due to COVID-19, according to a new report by The Economic Commission for Africa (ECA). The report, launched virtually today, says Africa’s fragile health systems could see additional costs being imposed on them because of the growing crisis …
Read More »Africa’s free trade area: the journey begins
The African Union launched the operational phase of the African Continental Free Trade Area (AfCFTA) at a summit in Niger last month. Vera Songwe is the Executive Secretary of the UN Economic Commission for Africa that has been providing support for the AU during negotiations and ratifications. She spoke to …
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