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Tag Archives: ECA

Establishment of Special Economic Zones in DRC and Zambia

African Export-Import Bank (Afreximbank) and the United Nations Economic Commission for Africa (ECA) have signed a Framework Agreement with the Democratic Republic of Congo and the Republic of Zambia for the establishment of Special Economic Zones (SEZ) for the production of Battery Electric Vehicle (BEV) and related services. Under the terms …

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Africa Capable of Rising from COVID-19 Ashes– Experts

The 2020 African Economic Conference ended on an upbeat note on Thursday as the continent’s policymakers, leading researchers, economists and other experts called for a united approach to beating the COVID-19 pandemic. The meeting called on the private sector to take up the opportunity to fill the gap in declining …

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Nigeria’s Excess Crude Account Stands At US$72.4mn

The Honourable Minister of Finance, Budget and National Planning, Zainab Ahmed on Thursday told the National Economic Council that the Excess Crude Account balance stood at US$72,409,346.76 as at 14th October, 2020. At a meeting presided over by Vice President Yemi Osinbajo, and attended by State Governors,the Minister added that …

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AfCFTA Tool for Regional, Economic Integration -ECA

Africa possesses a more powerful tool in the African Continental Free Trade Area (AfCFTA) for accelerating regional and economic integration, the UN Economic Commission for Africa (ECA) has said. The Executive Secretary of the United Nations body, Ms Vera Songwe (picture), stated this on Tuesday in a virtual panel discussion …

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