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HEADLINES

Aleph Hospitality announces two luxury resorts in Morocco
Douala-Ndjamena economic corridor secures 330 million euro
African youth tech venture entrepreneurs tour South Korea
Ethiopia startup data hub launched
African Development Bank to lend $165 million to Madagascar
Dubai set to host global show for New Year Eve
Canada’s Toronto University named top in the world
Abu Dhabi Finance Week 2024 opens today
Solutions for streamlined business operations
African Development Bank, TDB Group partner to finance trade in Africa
World Bank announces $100 billion for IDA21 replenishment
Global trade reaches new high in 2024
Africa, Europe confederations join to enhance global marketing landscape
Benefits of Implementing Strategic Proposal Management Process
Two Ethiopians out of five don’t believe climate change as threat
Egypt’s largest wind energy project secures $170 million
UNAIDS appoints Goodwill Ambassador for Nigeria
Yango Ethiopia introduces enhanced safety features
US launches $31 million sanitation, gender project in Ethiopia
Top African designers lined up for Cape Town Fashion Week
MSF responds to unprecedented malaria surge in Ethiopia
Ethiopia population to surpass 150 million in ten years
African Development Fund provides €44 million for Chad road construction
Economic cooperation at center of President Biden’s visit to Angola
Global aviation legal experts’ summit opens in London
COP29 agrees to triple public finance to developing countries
Oil pipeline damage, refugee inflow challenge South Sudan economy
United States, Mauritania held energy security dialog
Kenya, Mauritius emerge as top cybercrime targets
African group calls for equitable climate finance at COP29
Aleph Hospitality announces two luxury resorts in Morocco
Douala-Ndjamena economic corridor secures 330 million euro
December 17, 2024
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 * UNCTAD announces first ever global supply chain forum

Trade


UNCTAD ANNOUNCES FIRST EVER GLOBAL SUPPLY CHAIN FORUM

Mar 21, 2024

UNCTAD announces first ever global supply chain forum

In a world facing unprecedented challenges, the Global Supply Chain Forum (GSCF)
2024 is set to provide a crucial platform for leaders and experts to discuss the
changing landscape of international trade and logistics.


This first event of its kind, organized by the United Nations Conference on
Trade and Development (UNCTAD) in collaboration with the Government of Barbados
(Bridgetown, 21-24 May 2024), aims to shape the future of global trade in a
rapidly evolving world.

In recent years, global trade has faced significant disruptions, from the
COVID-19 pandemic to climate change and geopolitical tensions. These challenges
have not only tested global supply chains but have also highlighted the urgent
need for resilience and sustainability, particularly for developing countries.

The forum will feature an innovation challenge, aimed at inspiring solutions to
make global production and distribution networks greener and more efficient and
resilient.

Focus on resilience and sustainability
GSCF 2024 will focus on the vital role of global supply chains in promoting
economic growth, job creation, and poverty reduction, aligned the 2030 Agenda
for Sustainable Development.



The forum is part of a series of events to mark 60 years since the inception of
UNCTAD, a fierce advocate of the Global South on the world stage. Recognizing
the disproportionate impact of supply chain disruptions on vulnerable economies
far from the main lines of trade, especially Small Island Developing States
(SIDS) and Landlocked Developing Countries (LLDCs), the forum will explore ways
to strengthen resilience and sustainability in global supply chains, ranging
from trade facilitation reforms to digital innovations.



The covid-induced supply chain crisis hiked global consumer price levels by an
additional 1.5% as a result of increased maritime transport costs, UNCTAD
research shows. The impact was five times higher in SIDS, with an additional
7.5% uptick in consumer price inflation.

Strengthening the backbone of global trade: seaports
Seaports play a crucial role in trade, facilitating over 80% of global
merchandise exchange. The forum will discuss strategies for enhancing the
resilience of seaports, particularly in vulnerable coastal nations.



Additionally, digital solutions, including blockchain technology, will be
promoted to address emerging risks and ensure the sustainability of global
supply chains in the face of increasing e-commerce and cyber threats.

Global Collaboration and Bridging Gaps
GSCF 2024 will gather stakeholders from around the world to discuss pressing
issues and explore innovative solutions. By aligning with conferences focusing
on the unique challenges of SIDS and LLDCs, the forum aims to foster
collaboration and highlight practical approaches to sustainable development and
resilient transport.



More than 500 participants from some 100 countries are expected to attend, with
over 100 entities having so far joined as partner organizations. These include
national policymakers, key industry players and international organizations such
as the International Labour Organization (ILO), the International Maritime
Organization (IMO), and the UN Industrial Development Organization (UNIDO),
among others.

Hosted by Barbados, the inaugural forum has also counted on the generous support
of the Kingdom of Saudi Arabia, the Inter-American development Bank, and Canada.

Government ministers of transport will deliberate on a joint declaration,
feeding into upcoming discussions at the UN’s 4th International Conference on
Small Island Developing States set for late May in Antigua and Barbuda.





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