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Economy

 

news by category: Economy

Found 92 articles.

Displaying 1-10 out of 92 results.

Tough transitions follow the ructions

Facing headwinds caused by pandemic economics and war in Ukraine, regional economies are hunting for revenue

Economies in East Africa are navigating their most difficult transitions in a generation. Shaken by the financial after-effects of the pandemic combined with fuel and food price sh...


The great investment chase gathers pace

The continent is attracting growing volumes of new money but they fall far short of its latest energy and development targets

The slow pace of investment in renewable energy in Africa should have been one of the biggest climate finance issues at the UN COP27 summit but was overshadowed by developing econo...


Big Tech's ethical mining rules thrown into chaos

A row over a scheme to outlaw minerals produced by companies using child labour or financing wars in Central Africa will hit global supply chains

The world's biggest tech companies – including Alphabet, Apple, Samsung and Tesla – buying tin, tungsten and coltan from Central Africa face a supply chain crisis after...


Interest rate pressures mount across region

Six African central banks hiked rates in September responding to faltering currencies and rising food and fuel prices

A concatenation of economic, financial and environmental pressures – ranging from the strengthening United States dollar, Moscow's invasion of Ukraine, slowing growth in Chin...


Alarms sound on debt, inflation and food

International financial institutions warn that economic dislocation from Moscow's war on Ukraine could trigger social upheaval on the continent

Senior officials in the UN and other international agencies have been ratcheting up their analyses of the damage to Africa's economies following Russia's invasion of Ukraine. Ahunn...


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 institut...


Pandemic hit to growth and trade fuels instability

Recoveries in Africa and South Asia are lagging behind industrial economies in what the IMF calls a dangerous divergence

Several African economies could still take years to recover from the loss in GDP suffered from the Covid-19 pandemic in 2020, according to the latest World Bank data.

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A slow road to recovery

The region’s economies on average will lose over 5% of output by 2024 relative to pre-pandemic trends, according to the IMF

Twenty months since Covid-19 first disrupted the global economy, the outlook for Africa's economies remains subdued. The upgrades by the International Monetary Fund (IMF) and World...


Displaying 1-10 out of 92 results.