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Commodities are a vital engine for global trade, contributing one third of the total value. But it’s value addition that holds the key to more diverse and resilient economies.

The new partnership will help countries harness the rising global demand for critical energy transition minerals for value addition and economic diversification.

Dependence on commodities, high debt, and weak infrastructure make African economies more vulnerable. Stronger and more diversified trade networks can enhance their resilience and drive growth.

Stronger intra-regional trade, strategic investments and bolder economic reforms are crucial to unlocking the vast potential of the African Continental Free Trade Area.

The milestone is a testament to the African nation’s economic achievements, but its future development is not without challenges.

UN Trade and Development chief Rebeca Grynspan outlined four key actions: investment in infrastructure, fairer trade and market access, transparent governance, and faster knowledge sharing.

An UNCTAD report on critical mineral trade flows in electric car battery value chains reveals market concentration and high value addition, offering opportunities for mineral-rich developing nations.

The country’s nascent creative industries hold vast potential to help diversify its oil-dependent economy. To do so, greater investment and policy support are indispensable.

The Global Commodities Forum 2021 tackles the many facets of commodity dependence and the vulnerabilities of countries whose economies rely on primary goods exports.

A recent UNCTAD study identifies three ways smallholder farmers in the landlocked southeast Asian nation can boost earnings from their harvests.