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news by category: Economy

Found 65 articles.

Displaying 21-30 out of 65 results.

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...


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...

The cement boom

In both Angola and Congo-Kinshasa, public works produce surprising profits for well-connected cement producers, but an oil-fired building boom requires a lot of cement. Angola's Mi...

The bust and after

Finance ministers and central bank governors are holding an African summit in Washington next week to map a way out of the crisis

As the international financial crisis intensified last year, some African governments thought they could avoid the worst by strengthening their trade and investment ties with Asia....

And the good news

Amid the gloom lie some positives. African economies now have on average 5.7 months of reserves to cover imports, policy frameworks are sounder, government ministries are better st...

Homemade toxic assets

After some stellar years of expansion, the financial sector faces a deepening crisis

The uncertainty about the future of Central Bank Governor Charles Chukwuma Soludo reflects the drift in Nigeria’s policy over the past 18 months. Soludu, who was appointed in May 2...

Don't shoot the ambulance

After a decade of growth in Africa, the IMF and World Bank's economists are offering loans and policy advice again

The financial crisis has had one indisputable effect: it has put the World Bank and the International Monetary Fund back in business in Africa. Suddenly there is no more talk about...

Displaying 21-30 out of 65 results.