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BRICS leaders adopt final declaration at summit in Russia’s Ufa
13 Jul 2015The declaration gives assessment on the current global political and economic situation and reflects the common approaches of the BRICS countries on the most topical issues of mult...
read moreThe EiB: An effective implementing partner for European Development Policy
13 Jul 2015Over the decades, the EU’s development policies have been anchored in its partnership agreements with the African, Caribbean and Pacific (ACP) group of countries. These agreement...
read more$100 billion BRICS lender more keen on risk than World Bank
13 Jul 2015New Development Bank, formed by five of the world’s bigger emerging markets, is seeking to tackle more riskier and challenging projects than traditional global finance institutio...
read moreWorld needs more development banks like BRICS’, not ‘mindless austerity’ – minister
13 Jul 2015BRICS is gaining momentum as an increasingly effective organization and its New Development Bank is likely to become new source of funding for the current infrastructure gap, South...
read moreWorld Bank and the IMF launch joint initiative to support developing countries in strengthening tax systems
13 Jul 2015Will help to bring developing countries interests further into international dialogue
The World Bank and IMF are launching a new initiative to help developing count...
read moretralac’s Daily News selection: 10 July 2015
10 Jul 2015The selection: Friday, 10 July
Featured tweet, @AMB_A_Mohammed: Africa’s fundamental commitment is to Trade Multilateralism; For Africa, for us, it is Multilateralism first...
read moreImproved infrastructure services regulation is needed to tap the potential of Africa’s services sector, UNCTAD report says
10 Jul 2015Regulatory and policy shortcomings stifle Africa’s capacity to capitalize on the potential of its services sector, the UNCTAD Economic Development in Africa Report 2015 ...
read moreLevelling Up: Ensuring a fairer share of corporate tax for developing countries
10 Jul 2015This new ActionAid report explores how developing countries collect much less corporate tax than they could as a result or corporate tax avoidance – revenue that could help to pa...
read moreIntra-trade among Comesa countries still weak – Official
10 Jul 2015The intra-trade among partner states of the Common Market for the Eastern and Southern Africa (Comesa) is still weak compared to the business potential the region has, an official ...
read moreFinancing for Development: IMF’s Role in the Post-2015 Agenda
10 Jul 2015The IMF approved a package of proposals to enhance financial support and intensify its policy advice, technical assistance and capacity building in strategic areas to better assist...
read moreGrowth slows in emerging markets, picks up in advanced economies
10 Jul 2015Moderate growth continues, with global growth forecast to be slightly down for 2015, reflecting an unexpected setback to economic activity in the first quarter of 2015, mostly in N...
read moreWorld crop prospects positive in 2015; but food insecurity hotspots pose concern
10 Jul 2015Global Food Price Index falls in June, cereal production is forecast to be strong despite El Niño fears
Favorable worldwide conditions for cereal crops will lead to better-than-e...
read moreDevelopment Banks agree common approach to measure climate finance
10 Jul 2015Common principles for tracking finance for adaptation to climate change
The world’s leading development finance institutions have taken an important step forward in tracking mor...
read moreCOMESA develops Livestock Policy to spur investments
10 Jul 2015COMESA has finalized the development of a draft livestock policy for the region aimed at stimulating public and private investments in the sector in its Member States. The Draft CO...
read moretralac’s Daily News selection: 9 July 2015
09 Jul 2015The selection: Thursday, 9 July
Azevêdo: members must consider best path to success in Nairobi (WTO)
“Considering everything I have heard from members over the last three...
read moreAddis Ababa Action Agenda: Updated Draft Outcome document for the Third International Conference on Financing for Development
09 Jul 2015An updated draft of the outcome document for the Third International Conference on Financing for Development was released on 7 July 2015 following the consultations of the plenary....
read moreSouth Africa and others should use increasing influence to set tone for FfD
09 Jul 2015With BRICS Summit just days before the Financing for Development Conference, emerging country leaders have unique opportunity
In keeping with their commitment to reform the intern...
read moreEAC guidelines for joint trade negotiations with global partners in the offing
09 Jul 2015The East African Community has drafted a negotiation framework to guide its trade negotiations with third parties, including the US, the European Union and China, which are some of...
read moreEthiopia Economic Update: A flourishing manufacturing industry will help more Ethiopians
09 Jul 2015The Ethiopian economy has continued a remarkable expansion with the gross domestic product (GDP) growing by an average 10.9% in the past decade, compared to a 5.4% average througho...
read moreFinal draft of the outcome document for the UN Summit to adopt the Post-2015 Development Agenda
09 Jul 2015On the 8th of July, the co-facilitators of the post-2015 intergovernmental negotiations released the final draft of the outcome document of the post-2015 development agenda which w...
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