On the fringes of the African Union (AU) summit on 14 February, leaders announced the launch of the African Credit Rating Agency (AfCRA) planned for June to counter...

Africa is set for faster growth and lower inflation this year – and the World Bank has upgraded growth projections for 2025 and 2026 – partly due to...

Officials tried valiantly to inject some optimism at the annual meeting of the IMF and World Bank from 21-26 October in Washington DC amid growing concerns over global...

Finance ministers in East Africa’s leading economies – Kenya, Tanzania and Uganda – kept to the tradition of releasing their budget plans for 2024/25 on 13 June.

Forecasts by the World Bank, IMF, the African Development Bank (AfDB) and the UN that the continent's economies should grow faster this year should be set against its...

What happens when your central bank starts losing money? Less than you might think, in practical term at least. Ghanaians were horrified to hear their central bank –...

Grand talk about remaking the international system and a second edition of Bretton Woods meeting, which founded the IMF and the World Bank in 1944, has yielded little...

African states have felt the pain of Russia's invasion of Ukraine in the form of shortages and higher prices for wheat, grain and agricultural inputs, and above all...