Vol 63 No 10 | ECONOMYWORLD BANKINTERNATIONAL MONETARY FUNDAFRICA Alarms sound on debt, inflation and food 12th May 2022 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...
Vol 63 No 8 | ECONOMYAFRICA Looking for funds as war disrupts trade 14th April 2022 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...
Vol 63 No 3 | ECONOMYAFRICA Pandemic hit to growth and trade fuels instability 3rd February 2022 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. READ FOR FREE
Vol 62 No 22 | ECONOMYAFRICA A slow road to recovery 4th November 2021 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...
Vol 62 No 16 | RWANDAECONOMY Going to market 5th August 2021 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 an inter...
Vol 62 No 9 | ECONOMYAFRICA Forecasts fail to lift the gloom 29th April 2021 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 s...
Vol 62 No 8 | NIGERIAECONOMY Much to be modest about 15th April 2021 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 Nation...
DISPATCHES Vol 62 No 7 | ECONOMYINTERNATIONAL MONETARY FUNDAFRICA Points of light as finance chiefs plot economic recovery 9th April 2021 The IMF wins support for $650 billion reserve currency plan as the US proposes global minimum corporate tax and G-20 extends debt relief package There are signs that the $650 billion issuance of new Special Drawing Rights, the International Monetary Fund's reserve currency, will offer a bigger boost to African treasuries th... READ FOR FREE
DISPATCHES Vol 62 No 6 | ECONOMYAFRICA More debt to tread water 15th March 2021 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. That wa... READ FOR FREE
Vol 62 No 3 | ECONOMYAFRICA Governments face a multi-speed rebound 4th February 2021 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 the i...
