UNCTAD 's support in the development of the biofuels market in Africa had been critical , including the partnership with the ECOWAS Bank and the Government of Ghana for the creation of an African Fund for Biofuels . South - South trade , especially interregional trade , remained an untapped potential for African countries which could be addressed , with UNCTAD support , through initiatives such as NAASP ( the New Asian African Strategic Partnership ) , the third round of the GSTP negotiations and IBSA ( India-Brazil-South Africa ) .