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Vol 63 No 8

Published 14th April 2022

Looking for funds as war disrupts trade

Food and fuel prices are undermining the region’s slow recovery from the pandemic, but commercial investment in farms and fin-tech is growing

Hit by surging food and fuel prices together with mounting debt service obligations, African finance ministers and central bankers will be pressing international financial institutions to step up support for their economies at a series of international conferences over the next two months. The brightest spots are the signs of a production turnaround, despite harsher weather conditions, in the region's agricultural sector and a deluge of investor funding in high-tech financial sector ventures in Egypt, Kenya, Nigeria and South Africa.

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