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Economy

 

news by category: Economy

Found 69 articles.

Displaying 1-10 out of 69 results.

Up against the slowdown

As growth ebbs in 90% of the world’s economies, Africa is trying to swim against the tide

The annual meeting of the International Monetary Fund and World Bank between 14 and 20 October in Washington DC was one of the gloomiest for decades, with economists competing to o...


Singing from the same spreadsheet

Despite growing fears about rising debt levels, the region's finance ministers have unveiled a series of expansionary budgets

The four major players in the East African Community completed the annual ritual of unveiling their national spending plans on 13 June. 'Transforming lives through industrialisatio...

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A military-Islamist complex

To rescue the economy, the new government will have to free it from the grip of the generals, the spies and corrupt politicians

Just as the spiralling price of bread was the trigger for the four months of nationwide protests that led to the toppling of President Omer Hassan el Beshir on 10 April, the politi...


Slowing down but borrowing more

International financial institutions are downgrading their growth prospects for the continent

As the International Monetary Fund and World Bank held their spring meetings in Washington DC last month, economists with both institutions presented an Africa growth picture which...

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Glitches in the growth

A pan-African market will boost the region but governments are lagging behind on policies to create jobs and diversify the economies

When African Union leaders meet in Addis Ababa to ratify the continent's free trade area on 9-10 February, it will be against a backdrop of gloomy forecasts about global economic t...

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Struggling to keep pace

The high priests of world finance say African economies are falling short of the growth needed to keep up with surging populations

Although the International Monetary Fund and the World Bank maintain that Africa's economies will, on average, expand faster during 2018 than last year, both Washington DC institut...


Sounding the alarms on debt

Governments see hopeful growth prospects at risk as lenders impose new strictures and borrowing costs rise

Threats of a rapid and unsustainable build-up of debt could disrupt the prospects for growth in many African economies,* according to the International Monetary Fund and World Bank...


Two steps forward…

Earnings may increase but sluggish growth looms for the continent's big players and the danger of a debt crunch is increasing

Economies across Africa will grow haltingly, by about 3% on average in 2018 and 3.5% in 2019, according to the latest World Bank forecasts. And the International Monetary Fund warn...

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Afro optimism loses momentum

With some exceptions in Ghana and East Africa, economies are not keeping pace with population growth

Hopes that the African Development Bank (AfDB) might maintain its recent 'Afro-optimism' were temporarily subdued on 12 October when the bank reduced its 2017 growth forecast for A...


Displaying 1-10 out of 69 results.