Jump to navigation

Economy

 

news by category: Economy

Found 62 articles.

Displaying 11-20 out of 62 results.

Storm warning

Economic gloom in Europe and North America will slow African growth next year and may spark more challenges to incumbent regimes

For many African countries, the West’s economic travails will translate into spiralling food and fuel prices, higher unemployment and less state spending on education and health. T...


Good boom, bad timing

Asian demand for African agricultural and mineral commodities will not fully compensate the losses caused by the West’s economic slowdown

Africa has picked a really bad time to launch its economic boom, says one finance minister resignedly. In Washington for the World Bank and International Monetary Fund annual meeti...


Roaring to go

As demand soars for Africa's oil, gas and minerals, its governments must find ways to strengthen their bargaining power

Optimism about Africa's economies is in fashion, as commodity prices stay high thanks to demand from Asia and Western investors seek outlets for capital that they find no profitabl...


The numbers are looking up

After peaking at US$72 billion in 2008, foreign investment in Africa fell to $59 bn. in 2009 but is now growing again and could exceed the $80 bn. mark within a couple of years. Ex...


Out of the dip

Meeting in Washington, officials from the IMF, World Bank and African finance ministries predict a strong return to growth this year

The hiatus in Africa’s economic growth caused by the global financial crisis appears to have been ‘mercifully brief’, according to the International Monetary Fund’s Africa Director...


A slow return to growth

Africa suffered less than had been feared from the recession and its exports are set to recover this year thanks to buoyant demand from Asia

As the industrialised world struggles, a return to fast-growing commodity demand from Asia and a tentative Western recovery will boost African exports in 2010, although trade and b...


BRIC building

'African assets were undervalued and China's presence has helped correct that, whether in bonds or foreign direct investment', said Victor Lopes, Africa Economist at Standard Chart...


Experts argue about Africa's prospects

The IMF and the AfDB differ sharply on the severity of the global recession's effects on Africa and the measures needed to ameliorate them

The world's financial experts and institutions disagree on how seriously the global financial crash has affected developing economies or how quickly they may recover. In Africa, th...


Synchrobudgets

As they approach economic union, East Africa's finance ministers struggle to balance the books at home

The East African Community, grouping Burundi, Kenya, Tanzania, Uganda and Rwanda, plans to set up a common market this November. The opportunities are potentially vast: the EAC com...


Kikwete's bailout package

Tanzania, the second largest of the big-three members of the East African Community, has presented a budget with a bullish message designed to spend its way out of the global econo...


Displaying 11-20 out of 62 results.