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Economy

 

news by category: Economy

Found 71 articles.

Displaying 1-10 out of 71 results.

Into uncharted waters

Shutdowns, border closures and crashing commodity prices may cause an unprecedented financial breakdown

As cases of Covid-19 grow exponentially across the world, so do the public health and economic threats to African states as governments take action. With over 20 countries on the c...

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Revenues and resources are the key

Governments will have to raise far more revenue and staunch capital flight if they are to boost growth and investment this year

Africa will be thrown back on its own resources and internal revenue-raising capacity, at least for the short term, as the economies of major trading partners in Asia and Europe sl...

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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...


Displaying 1-10 out of 71 results.