Economy

So-called 'vulture funds' threaten the highly indebted countries that the International Monetary Fund is trying to rescue from the burden of debts they cannot pay. Many of the most...

World Bank President Robert Zoellick, followed closely by United States President George Bush and French President Nicolas Sarkozy, led the procession of Western leaders on their p...

The rich world's economies are sick and the looming recession in the United States has already triggered days of panic selling in Western and now Asian markets. Africa is caught in...

Fund managers are keeping one eye on the global market twitches and another on some of Africa’s rockier political systems as they try to assess news risk in 2008. For the last five...

The European Union’s Africa policy is in a shambles after the diplomatic disaster of the Economic Partnership Agreements, the multilateral trade accords which so many African state...

If Asia's economic growth has offered African exporters a fast-growing and lucrative market and its hyper-economies - China and India - have become important sources of investmen...

Chaos in Western-dominated capital and money markets has spared Africa so far. Many economists believe that Africa might be largely insulated from the first wave of damage from the...

Blood diamonds are no longer a main concern for Africa's diamond industry. A reputation for fuelling conflict is no longer a big obstacle to sales, according to the 47 delegates, r...

For Africa, the Annual Meetings of the World Bank and the International Monetary Fund seem to resemble the shareholders’ meeting of a smallish public company bravely struggli...

After many years of debate among politicians, business and unions, the draft of a grand industrial strategy for South Africa has emerged in time for the party conference in Decembe...