UNECA seeks partners for debt sustainability knowledge products

The United Nations Economic Commission for Africa has issued a request for expression of interest to procure knowledge products supporting long-term debt sustainability in the context of climate resilience.

The United Nations Economic Commission for Africa (UNECA) has launched a Request for Expression of Interest (EOI) numbered EOIUNECA24211 for the procurement of collaboration knowledge products aimed at the Long-Term Debt Sustainability Coalition, for which UNECA serves as interim secretariat. Dated 26 February 2026, the EOI has a closing date of 3 March 2026 and targets professional services in Ethiopia.

The initiative focuses on advancing a coherent analytical and policy framework structured around three pillars: macroeconomic policies for climate resilient debt, mineral value chains for structural debt sustainability, and financing innovative sustainable debt solutions through strategic partnerships. It aims to help developing countries and emerging economies integrate climate objectives into macroeconomic policies, structural transformation pathways, and financing solutions to expand fiscal space and improve debt sustainability.

Background highlights tightening global financial conditions, rising debt service costs, and a USD 4 trillion annual global financing gap for sustainable development. Recent COP30 outcomes include commitments to mobilize USD 1.3 trillion annually for climate action by 2035. In Africa, the strategy leverages the continent's green and critical mineral endowments, amid challenges like over 600 million people lacking electricity access.

The knowledge products will provide analytical foundations, policy tools, and practical guidance for ministries of finance and economic authorities. The project period is six months. Interested vendors must register at the United Nations Global Marketplace and submit responses electronically by the deadline. Contacts include Mr. Mikiyas Goshu, Mrs. Rachael Chironga, and Ms. Aster Zewde.

Makala yanayohusiana

Italian Prime Minister Giorgia Meloni announced at the African Union Summit in Addis Ababa that Italy will allow African countries to suspend debt repayments during extreme climate events. This initiative forms part of a broader program to convert African debt into investments. The summit also addressed peace, security, and UN reforms.

Imeripotiwa na AI

Hassan Abdalla, Governor of the Central Bank of Egypt, stated that climate change has become a core financial issue, highlighting the bank's role in directing the banking sector toward sustainability. The Central Bank, in partnership with the International Finance Corporation, hosted a sustainable finance conference on February 15, 2026. The event focused on building climate resilience and accelerating the shift to a low-carbon economy.

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Imeripotiwa na AI

On February 15, Sidi Ould Tah, president of the African Development Bank Group, convened a high-level session with heads of Africa's Regional Economic Communities in Addis Ababa, on the margins of the 39th African Union Summit. The meeting centered on the New African Financial Architecture (NAFA), a framework designed to mobilize domestic capital, enhance financial sovereignty, and address Africa's development financing gap. Participants from various RECs endorsed the initiative as a blueprint for economic transformation.

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