The World Economic Situation and Prospects 2020 is a yearly report born from the collaboration between the United Nations Department of Economic and Social Affairs (UN DESA), the United Nations Conference on Trade and Development (UNCTAD) and the five United Nations Regional Economic Commissions (UNECA, UNECE, UNECLAC, UNESCAP and UNESCWA), with contributions from the United Nations World Tourism Organization (UNWTO), the UN Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS), and the International Labour Organization (ILO).

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The Ministry of Foreign Affairs of Estonia is developing an Africa strategy to guide Estonia’s development cooperation with the African continent. Africa receives great prominence in the EU agenda, as this institution currently provides around 40% of total Official Development Assistance (ODA) received by the African continent, absorbing approximately one third of the budget that the EU allocates to foreign aid. Most of EU member States also are active in bilateral foreign aid initiatives addressed to specific African countries, even though only a few of them (like Germany and Ireland) have developed a comprehensive policy to guide their strategy for cooperation with Africa.

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