Economy

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...

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...

Optimism appears to be the name of the game as treasury ministers from Kenya, Tanzania and Uganda followed the recent practice of coordinating their 2020/21 budgets ahead of...

Radical measures for a restructuring of Africa's commercial debt and the cancellation of some official debt are under way after the offer of a limited standstill on bilateral...

Backed by forecasts from the World Bank and UN agencies of a deep recession, African finance ministers are to push next week for a coordinated response on public...

As cases of Covid-19 grow exponentially across the world, so do the public health and economic threats to African states as governments take action. With over 20 countries...

Africa will be thrown back on its own resources and internal revenue-raising capacity, at least for the short term, as the economies of major trading partners in Asia...

The annual meeting of the International Monetary Fund and World Bank between 14 and 20 October in Washington DC was one of the gloomiest for decades, with economists...

The four major players in the East African Community completed the annual ritual of unveiling their national spending plans on 13 June. 'Transforming lives through industrialisation and job...

Just as the spiralling price of bread was the trigger for the four months of nationwide protests that led to the toppling of President Omer Hassan el Beshir...