Malawi has made history by becoming the first nation to ratify the WIPO Treaty on Intellectual Property, Genetic Resources, and Associated Traditional Knowledge (GRATK). Adopted on May 24, 2024, during a diplomatic conference in Geneva, this treaty addresses the critical…
Despite ongoing efforts by African nations to establish robust Intellectual Property (IP) ecosystems, significant challenges hinder socioeconomic development across the continent. Experts agree that the creation, protection, maintenance, commercialization, and enforcement of IP systems are still inadequate, largely due to…
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Introduction The Creative Economy Outlook 2024, developed by the United Nations Conference on Trade and Development (UNCTAD), analyzes global trends in the creative economy, providing crucial insights into its economic contributions and international trade patterns. The creative economy, encompassing industries…
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Introduction and Background This report has been prepared by Prachi Agarwal (Overseas Development Institute), Sand Mba Kalu (Africa International Trade & Commerce Research), and Alberto Lemma (Overseas Development Institute). This report examines the impact of the African Continental Free Trade…
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The World Investment Report by UN Trade and Development (UNCTAD) shows a 2% decrease in global foreign direct investment (FDI) to $1.3 trillion in 2023, driven by increasing trade and geopolitical tensions in a slowing global economy. The report suggests…
The Joint Declaration of the 2024 Korea-Africa Summit outlines the key objectives and commitments made by the participating nations. The summit, hosted by President Yoon Suk Yeol, brought together heads of state and government from 48 African nations, the President…
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Introduction The Vienna Programme of Action (VPoA) for Landlocked Developing Countries (LLDCs) aims to promote rapid and inclusive economic development among LLDCs. The VPoA prioritizes several key areas, including regional integration and cooperation, structural economic transformation, and means of implementation.…
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The book “Africa’s Trade Facilitation Preparedness & Ethical Property Rights” edited by Gbadebo Odularu, Bamidele Adekunle and Caiphas Chekwoti (eds) explores the policy intricacies and implications of emerging shocks, digitalization, and intellectual property rights in Africa’s trade landscape. The book…
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The Global Trade Outlook and Statistics published by the World Trade Organisation (WTO) is a critical aspect of the global economy, affecting the flow of goods and services across borders. The highly pro-cyclical nature of merchandise trade, which tends to…