ECA and Mauritania strengthen strategic partnership to advance inclusive growth and economic transformation
High-level discussions focused on financing, reforms, youth employment, digital transformation and long-term development planning.
Nouakchott, 3 February 2026 (ECA) – The Executive Secretary of the United Nations Economic Commission for Africa (ECA), Mr. Claver Gatete, met with H.E. President Mohamed Ould Ghazouani of Mauritania on 2 February 2026 in Nouakchott to discuss national development priorities and strengthen strategic cooperation.
ECA sub-regional office for southern Africa transitions to clean energy with ground-breaking hybrid solar system
Lusaka, Zambia – 5 February 2026 (ECA) – The United Nations Economic Commission for Africa (ECA) today held a Contract Close-Out Session marking the successful completion of a pioneering hybrid photovoltaic (PV) solar system at its Sub-Regional Office for Southern Africa (SRO-SA) in Lusaka, Zambia. The project represents a significant milestone in the ECA's commitment to sustainable operations and climate resilience.
Unlocking aquaculture potential: FAO’s FISH4ACP drives inclusive growth
Harare - In 2025, Zimbabwe’s aquaculture sector reached a defining moment as FAO’s FISH4ACP initiative turned long-recognized potential into tangible gains for farmers, institutions and markets. Through climate-smart innovation and inclusive enterprise models the programme strengthened the tilapia value chain while expanding economic opportunities for women and youth. As a fast‑growing, high‑demand species that provides income for thousands of small‑scale farmers, tilapia plays a central role in strengthening livelihoods and driving the expansion of Zimbabwe’s aquaculture sector.
Africa launches push to close agricultural mechanization gap as landmark conference begins
Dar es Salaam – Africa’s push to accelerate sustainable agricultural mechanization gained fresh momentum today as the Prime Minister of the United Republic of Tanzania, Mwigulu L. Nchemba, launched Tanzania’s National Agricultural Mechanization Strategy 2026–2036 at the opening of the Africa Conference on Sustainable Agricultural Mechanization.
Narrow Path to Recovery: Finding a Climate-Smart Pathway and Stabilizing South Sudan’s Economy
JUBA, February 5- Two new World Bank Group reports released today underscore that South Sudan stands at a critical crossroads, where restoring public finances and taking urgent, climate-smart action are essential to reversing economic decline and placing the country on a sustainable development path. The new Public Finance Review (PFR) and Country Climate and Development Report (CCDR) warn that intensifying climate shocks, combined with weak fiscal management, is driving a dangerous cycle of fragility, conflict, displacement, and deepening poverty.
New World Bank Group Strategy for Mozambique: Driving Inclusive, Resilient, and Job-rich Growth
The World Bank Group Board of Executive Directors has endorsed a new Country Partnership Framework (CPF) for Mozambique for the period 2026 to 2031. As Mozambique confronts the severe impacts of the recent floods, highlighting the country’s vulnerability to natural disasters, we extend our heartfelt sympathies and solidarity to all affected communities.
African nations now send more money to China than they receive in new loans
JOHANNESBURG, Jan 27 (Reuters) - China's role as a leading financier to developing nations has shifted over the past decade, with new loans to poorer countries falling sharply while debt repayments continue to rise, according to analysis released by ONE Data.
The inaugural report by the ONE Data initiative found that many low- and middle-income countries — particularly in Africa — are now transferring more funds to China in debt payments than they receive in fresh financing from the world's second-largest economy.
IMF Executive Board Concludes the 2025 Post-Financing Assessment with Uganda
- Uganda’s post-pandemic economic performance has been robust, supported by broad-based growth and contained inflation. Foreign exchange reserves rose significantly in 2025, reflecting a favorable external environment, including strong coffee exports and portfolio inflows.
- Uganda’s capacity to repay the Fund is assessed as adequate, though subject to risks from potential portfolio outflows, commodity price shocks and further delays related to the oil project.
- The authorities recognized the need for fiscal adjustment and reaffirmed their commitment to vigilant monetary policy and exchange rate flexibility, to safeguard macroeconomic stability and repayment capacity.
Benin: 10,000 Women Entrepreneurs Receive Business Development Support
WASHINGTON, January 15, 2026 - The World Bank approved $100 million in financing from the International Development Association (IDA) to help Benin promote access to finance and growth for women entrepreneurs in both the formal and informal sectors.
World Bank Scales Up Support to Cabo Verde’s Energy Transition and Universal Access
The World Bank today approved a $13.30 million concessional financing through the International Development Association (IDA) for Cabo Verde’s renewable Energy and Improved Utility Performance Project (REIUP). The operation is co-financed by a $1.2 million concessional loan and $0.41 million grant from the Canada Clean Energy and Forest Climate Facility (CCEFCF), as well as a $0.4 million reimbursable grant from the Global Infrastructure Facility (GIF).
The financing will support Cabo Verde to accelerate its clean energy transition and achieve universal access to electricity.