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Economy

 

news by category: Economy

Found 112 articles.

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Davos leaders vow to build new aid agenda

Business leaders and state officials cooperate on the Magic Mountain to map out new strategy for assistance

Delegates at the World Economic Forum in Davos, the site of Thomas Mann’s Magic Mountain, have been tasked with drawing up a new blueprint for development policy as...

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Green shoots amid global chaos

There are reasons for optimism on growth and inflation but concerns on the cost of Africa’s debts persist

After a year of global uncertainty during which Africa’s economies were hit by the tariff war fallout, deep cuts in official development assistance (ODA), and the impact of...


As external support ebbs, states seek to plug the revenue gap

Efforts to raise domestic funds are colliding with political constraints – and public trust remains elusive as global reforms falter

As indebted African governments confront declining aid flows and western reluctance to reform the international financial system, they are again eyeing ways to boost domestic revenues and tap...


Rulebook under pressure as Afreximbank slips a notch

Fitch’s downgrade raises questions about risk perception and preferred creditor status – and has reignited calls for an African-owned rating agency

Fitch Ratings downgraded the African Export-Import Bank (Afreximbank) one notch to BBB- on 4 June, leaving the Cairo-based lender just above non-investment grade. The principal reason was a...


Targeting the cost of capital

A continent-wide risk assessor is taking on the big three rating agencies to counter the ‘Africa risk premium’

On the fringes of the African Union (AU) summit on 14 February, leaders announced the launch of the African Credit Rating Agency (AfCRA) planned for June to counter...


Growth is still chasing demographics

Inflation is falling but capital is scarce and a host of climate and trade disruptors hold back progress

Africa is set for faster growth and lower inflation this year – and the World Bank has upgraded growth projections for 2025 and 2026 – partly due to...

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