United Nations Economic Commission for Africa


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United Nations Economic Commission for Africa

A commission established by the United Nations to foster economic and other cooperation among African states. It promotes trade, food security and other development goals. It was founded in 1958.
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The Programme for Infrastructure Development in Africa (PIDA), developed by the African Union Commission (AUC), NEPAD Agency, African Development Bank (AfDB), United Nations Economic Commission for Africa (UNECA) and Regional Economic Communities (RECs), promotes regional economic integration by building mutually beneficial infrastructure and strengthening the ability of countries to trade and establish regional value chains for increased competitiveness.
The meeting, which attracted stakeholders and experts, including the Regional Economic Communities, academics, and research-based institutions, has been organized by the Bank, in collaboration with the African Union (AU) and the United Nations Economic Commission for Africa (ECA).
Abusive transfer pricing -- in which legally related entities misprice goods or services -- accounts for roughly 60 percent of the continent's illicit capital flight, according to the United Nations Economic Commission for Africa.
The headquarters of United Nations Economic Commission for Africa (UNECA) is in Addis Ababa, as is the headquarters of the African Union (formerly the Organization of African Unity), of which Ethiopia was the principal founder.
As Africa prepares to celebrate the 50th anniversary of the founding of the Organization of African Unity (OAU), now African Union (AU), the United Nations Economic Commission for Africa (ECA) has called on Africa to use the current moment to tell its own story and shape AfricaaACAOs future growth trajectory.
Co-authored by the African Development Bank (AfDB), the OECD Development Centre, the United Nations Development Programme (UNDP) and the United Nations Economic Commission for Africa (UNECA), the report says African countries need to design measures to create jobs, invest in basic social services and promote gender equality.
The rapid acquisition of technology in Africa is an indication that the continent has the capacity to increase its manufacturing potential, a new study by UNECA (United Nations Economic Commission for Africa) suggests.
AaAa Established in 1977 under the aegis of the United Nations Economic Commission for Africa (UNECA) and the African Union, the ARCT is an Intergovernmental Organization that comprises 31 member states.
The United Nations Economic Commission for Africa (ECA) and Armenia recently signed a memorandum that seeks to unite efforts of the ECA and the Enterprise Incubator Foundation (EIF) in advancing the smart development concept to help Africa in implementing Agenda 2030 for Sustainable Development and Africa's Agenda 2063.
Previous reports said Abdalla Hamdok, the former Deputy Executive Secretary of the United Nations Economic Commission for Africa (ECA), was chosen for the position.
The United Nations Economic Commission for Africa (ECA), she said, is supporting the process of mainstreaming gender and youth employment initiatives into national strategies.
This year's Economic Report on Africa, a flagship publication of the United Nations Economic Commission for Africa (ECA) (www.UNECA.org) focuses on fiscal policy.

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