Tag: Commodities
Ghana seeks national dialogue over cocoa pricing quandary
02 Feb 18 NewsThere is the gradual convergence of opinions on the need for a national dialogue over the producer price of cocoa Ghana pays its farmers in the face of dipping global prices.
Edwa...
Nigeria can’t rely on rising oil prices, Minister says
26 Jan 18 NewsAfrica’s top oil producer is learning to ignore crude prices, Nigeria’s Finance Minister Kemi Adeosun said.
“We’ve gotten to a point where we don’t care,” whether pric...
tralac’s Daily News Selection
12 Dec 17 NewsFeatured tweets:
@AUC_MoussaFaki: #SDGsAfricaRoundtable: Leadership in Africa must speak, act local to galvanise intra-African trade, stronger political commitment to address the ...
Commodity-dependent developing countries need to boost efforts to diversify their economies
12 Dec 17 NewsWithout policy change, commodity-dependent developing countries risk falling short of achieving sustainable development by 2030, UN report warns.
Without a renewed commitment to p...
Primary commodity trap in Africa has at least three consequences
17 Nov 17 NewsPrimary commodity trap in Africa has at least three consequences, Economic Commission for Africa (ECA) Southern Africa regional director Said Adejumobi has observed.
Speaking at t...
China’s ambitions in sub-Saharan Africa: efforts to rebalance bilateral relations still needed
10 Nov 17 NewsRisky trade dependence for sectors and countries that export commodities
Almost twenty years after the launch of the first Forum on China-Africa Cooperation, China-Africa relation...
tralac’s Daily News Selection
08 Nov 17 NewsUnderway in Moroni, Comoros: the 21st Meeting of Intergovernmental Committee of Experts – Eastern Africa on the theme Transformative growth in Eastern Africa – catalysts and co...
Experts to discuss the challenges and implications of declining commodity prices in Southern Africa
08 Nov 17 NewsThe Economic Commission for Africa (ECA) Office for Southern Africa, in collaboration with the Walvis Bay Corridor Group (WBCG), will organize the Ad-hoc Expert Group Meeting (AEGM...
Africa’s oil & gas industry needs to ‘learn to leapfrog’ and harness innovation and technology to stay ahead of the competition
02 Nov 17 NewsPwC’s Africa Oil and Gas Review, 2017 analyses what has happened in the last 12 months in the oil and gas industry within the major and emerging markets
The oil & gas indust...
tralac’s Daily News Selection
30 Oct 17 NewsDoing Business 2018 launches tomorrow. Selected previews:
(i) Ilyas M. Dawaleh (Djibouti’s Minister of Economy and Finance): We, govt of Djibouti, did great jobs in recent year...
Sub-Saharan Africa: The path to recovery
30 Oct 17 NewsThe broad-based slowdown in sub-Saharan Africa is easing, and growth is expected to pick up to 2.6 percent in 2017 from last year's 1.4 percent, the IMF said in its latest Regional...
Commodity prices likely to rise further in 2018: World Bank
30 Oct 17 NewsOil prices to average $56 a barrel in 2018, up from 2017 average of $53/bbl
Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily grow...
African production and trade of coffee and tea in perspective: What are the implications for continental trade liberalisation?
27 Oct 17 PublicationsThis working paper examines the African production and trade profiles for coffee and tea, both important exports from Africa, and the extent to which trade liberalisation across Af...
WTO Sub-Committee on Least-Developed Countries: Market access for products and services of export interest to LDCs
25 Oct 17 NewsDocument prepared by the WTO Secretariat for the Formal Meeting of the Sub-Committee on Least-Developed Countries held on 3 October 2017, as revised
Over the period 2005-2016...
Running the numbers: making extractives count for Africa
20 Oct 17 NewsAs African resource-rich countries battle with the macroeconomic impact of the dip in global commodity prices, many look back at the 2004-2013 upswing in the commodity cycle and co...
Africa’s economic performance improves in 2017
18 Oct 17 NewsAfrica’s economic outlook improved in 2017 compared with 2016 and is expected to gain momentum in 2018. GDP growth in 2017 is expected at 3.0% up from 2.2 in 2016 and projected t...
tralac’s Daily News Selection
17 Oct 17 NewsAfrica Week 2017 is underway at the UN: update, downloads
SADC-EU Economic Partnership Agreement: updates from yesterday’s regional conference in Johannesburg. (i) Minister Davi...
Alarm bells as more developing countries become commodity-dependent
13 Oct 17 NewsSustainable management of the commodity sector can fuel global economic growth. Nine more developing economies became dependent on commodity exports between 2010 and 2015, bringing...
Africa’s Pulse: Committed leaders, well-coordinated policies essential for facing the skills balancing act in Sub-Saharan Africa
11 Oct 17 NewsTackling Africa’s Skills Gap to Build More Robust and Diversified Economies
Sub-Saharan Africa’s economies are experiencing a modest recovery, with gross domestic product (GDP...
Commodities and the SDGs: UNCTAD Expert Meeting to discuss developments, challenges and opportunities in commodity markets
10 Oct 17 NewsIn the 15 years countries have to achieve the Sustainable Development Goals, the commodity sector will play a crucial role in facilitating their attainment, notably in commodity-de...