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Found 104 articles.

Displaying 21-30 out of 104 results.

Pandemic hit to growth and trade fuels instability

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.

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A slow road to recovery

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 Bank at...


Going to market

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...


Forecasts fail to lift the gloom

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 still...


Much to be modest about

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 National Bureau of Statistics (NBS),...


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More debt to tread water

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....

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Governments face a multi-speed rebound

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...


Pandemics stunt your growth

Africa may have dodged a bullet on the Covid-19 health front but most of the economies are in intensive care

One year after the International Monetary Fund predicted that sub-Saharan Africa's economies could expand on average by over 3% this year, the economic outlook is far worse. At...


Doubts over post-slump bounce

Financial institutions share a baleful view of the pandemic’s damage to Africa’s economies, some doubling their estimates for lost growth

Economists in the international financial institutions have been updating their assessments of the damage the lockdown and pandemic are having on African economies on a weekly basis, we...


Displaying 21-30 out of 104 results.