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Economy

 

news by category: Economy

Found 113 articles.

Displaying 7 results from 2021 (out of 113 total).

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 Bank at...


Going to market

Rwanda became the latest African sovereign to benefit from money markets issuing US$620 million of international bonds on 2 August. The sale, only the second by Rwanda, at...


Forecasts fail to lift the gloom

Growth predictions have risen, but Covid-19 will have a devastating impact on Africa's economy, health and education

The International Monetary Fund (IMF) and World Bank upped their forecasts for sub-Saharan Africa's growth at their 2021 Spring Meetings, but the economic impact from Covid-19 is still...


Much to be modest about

The economy is in slightly better shape than feared months ago but faces a toxic combination of unemployment and inflation

President Muhammadu Buhari and Nigeria's economy policymakers will certainly welcome the modest improvement in the country's economic outlook. According to the Yemi Kale-led National Bureau of Statistics (NBS),...


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More debt to tread water

Although it's campaigning for debt relief, the AfFB is more upbeat than the other multilaterals on the continent's prospects for recovery this year

Africa will recover from its worst recession in half a century and reach growth of 3.4% in 2021, but long-term structural damage to the continent's economies is inevitable....

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Governments face a multi-speed rebound

Hit by capital flight and an investment drought, the continent's more diversified economies will bounce back faster from the pandemic

Struggling with the first continent-wide recession for 25 years, Africa's economies will barely keep pace on average with the tempo of the global growth recovery this year as...


Displaying 7 results from 2021 (out of 113 total).