Economy

It is universally accepted that a Malawian government's legitimacy is determined by the latest maize harvest. 'Chimango ndi moyo' (Maize is life) is an expression often heard and...

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...

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 pilgrimages to...

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...

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...

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 states have...

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 investment capital, then this time...

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...

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...

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 struggling back...