News

Seychelles’ WTO accession by end of 2014 is a ‘target we can meet’, says Finance Ministry

Seychelles’ WTO accession by end of 2014 is a ‘target we can meet’, says Finance Ministry

14 Jul 2014  News
The Seychelles’ Ministry of Finance, Trade and Investment says that the Indian Ocean archipelago has made significant progress in its efforts to join the World Trade Or...
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OECD and FAO see lower farm prices; livestock and biofuels outpacing crop production

OECD and FAO see lower farm prices; livestock and biofuels outpacing crop production

14 Jul 2014  News
The recent fall in prices of major crops is expected to continue over the next two years before stabilising at levels above the pre-2008 period, but markedly below recent peaks, ac...
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23rd AU Summit: Decision on the report of the High Level African Trade Committee on Trade Issues

23rd AU Summit: Decision on the report of the High Level African Trade Committee on Trade Issues

11 Jul 2014  News
The Assembly, 1. RECALLS the Decision on Boosting Intra-African Trade / Continental Free Trade Area taken on 30 January 2012 at its Eighteenth Ordinary Session; 2. TAKES NOTE of ...
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23rd AU Assembly: Decision on Post-2015 Development Agenda

23rd AU Assembly: Decision on Post-2015 Development Agenda

11 Jul 2014  News
The Assembly, 1. TAKES NOTE of the Report of Seventh Joint Annual Meeting of the African Union Conference of Ministers of Economy and Finance and Economic Commission for Africa Co...
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Malabo Declaration on Accelerated Agricultural Growth and Transformation for Shared Prosperity and Improved Livelihoods

Malabo Declaration on Accelerated Agricultural Growth and Transformation for Shared Prosperity and Improved Livelihoods

11 Jul 2014  News
We, the Heads of State and Government of the African Union, having met at our Twenty Third Ordinary Session of the AU Assembly in Malabo, Equatorial Guinea, from 26-27 June 2014, ...
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China issues white paper on foreign aid

China issues white paper on foreign aid

11 Jul 2014  News
China on Thursday issued its second white paper on foreign aid, elaborating how the nation helps other developing countries reduce poverty and improve livelihood without imposing p...
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Promote economic diplomacy

Promote economic diplomacy

11 Jul 2014  News
The successful implementation of the policy on economic diplomacy demands a critical analysis and deep understanding of the dynamics of international trade and commerce, says Presi...
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Russia says BRICS Development Bank ready to launch

Russia says BRICS Development Bank ready to launch

11 Jul 2014  News
Leaders of the BRICS nations will launch their long-awaited development bank at a summit next week and decide whether the headquarters should be in Shangha...
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Trade facilitation crucial for Africa

Trade facilitation crucial for Africa

11 Jul 2014  News
In the 1960s, there were high hopes for the development of the newly independent Sub-Saharan African countries. However, these hopes were quickly dashed following a series o...
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Value-addition can make Namibia richer – Schlettwein

Value-addition can make Namibia richer – Schlettwein

10 Jul 2014  News
Namibia’s economic growth is largely dependent on investments in the primary sector (raw materials), specifically in mining; a trend that must change to focus on the secondary se...
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One thing leads to another

One thing leads to another

10 Jul 2014  News
How can Sub-Saharan African countries make the most of the commodity price boom to promote sustainable development? In the context of the opportunities opened up by the boom in co...
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‘Time is not on our side’, says Ban, hailing new report on curbing carbon emissions

‘Time is not on our side’, says Ban, hailing new report on curbing carbon emissions

10 Jul 2014  News
Secretary-General Ban Ki-moon, introducing a new United Nations-backed report outlining pathways major industrial economies can use to cut their carbon emissions by mid-centur...
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Diamond manufacturing reaches saturation

Diamond manufacturing reaches saturation

09 Jul 2014  News
High labour costs in Botswana’s fledging diamond cutting and polishing companies is threatening the expansion of the industry, with government unlikely to issue more licences due...
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Statement by International Relations and Cooperation Minister Maite Nkoana-Mashabane on international developments, 08 July 2014

Statement by International Relations and Cooperation Minister Maite Nkoana-Mashabane on international developments, 08 July 2014

09 Jul 2014  News
Good afternoon ladies and gentlemen of the media. In this briefing today, we would like to share information with you regarding our work, including our preparations for the S...
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Africa: World Bank Group sets historic new development financing record for region

Africa: World Bank Group sets historic new development financing record for region

09 Jul 2014  News
The World Bank Group committed a record-breaking *$15.3 billion to Sub Saharan Africa’s development in fiscal year 2014 (July 2013 to June 2014) supporting shared prosperity in t...
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Azevêdo welcomes launch of plurilateral environmental goods negotiations

Azevêdo welcomes launch of plurilateral environmental goods negotiations

09 Jul 2014  News
Fourteen WTO members launched plurilateral negotia-tions for an Environmental Goods Agreement on 8 July 2014 at the WTO. These members said the talks will promote green growth and ...
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Africa must broaden sources of growth and investment to create jobs and reduce poverty, UNCTAD report argues

Africa must broaden sources of growth and investment to create jobs and reduce poverty, UNCTAD report argues

09 Jul 2014  News
​UNCTAD’s Economic Development in Africa Report 2014, launched on 3 July, shows that there are structural problems in the pattern of growth in Africa and that these require a m...
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Capital to move freely in the EAC

Capital to move freely in the EAC

09 Jul 2014  News
The move will also allow Tanzanians to invest in the EAC region without requiring prior permission from the BoT Tanzanians who wish to move their capital and invest in any o...
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Trade Policy Review: China

Trade Policy Review: China

08 Jul 2014  News
The fifth review of the trade policies and practices of China took place on 1 and 3 July 2014. The basis for the review is a report by the WTO Secretariat and a report by the Gover...
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AU gives nod to creation of African Monetary Fund

AU gives nod to creation of African Monetary Fund

08 Jul 2014  News
African Union countries last week approved a proposal to create an African Monetary Fund in line with plans for greater economic integration on the continent. Broadly, the A...
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