Economy

The International Monetary Fund’s projection that Sub-Saharan Africa’s gross domestic product growth should be over 6% in 2014, compared to average Asian growth of over 5%, is an...

The latest fanfare for Africa’s economic prospects comes from the Economist Intelligence Unit’s survey of fund and asset managers, bankers and other financiers for Invest AD, the sovereign...

For many African countries, the West’s economic travails will translate into spiralling food and fuel prices, higher unemployment and less state spending on education and health. The rumbling...

Africa has picked a really bad time to launch its economic boom, says one finance minister resignedly. In Washington for the World Bank and International Monetary Fund annual...

Optimism about Africa's economies is in fashion, as commodity prices stay high thanks to demand from Asia and Western investors seek outlets for capital that they find no...

After peaking at US$72 billion in 2008, foreign investment in Africa fell to $59 bn. in 2009 but is now growing again and could exceed the $80 bn....

The hiatus in Africa’s economic growth caused by the global financial crisis appears to have been ‘mercifully brief’, according to the International Monetary Fund’s Africa Director, Antoinette Sayeh.

As the industrialised world struggles, a return to fast-growing commodity demand from Asia and a tentative Western recovery will boost African exports in 2010, although trade and budget...

'African assets were undervalued and China's presence has helped correct that, whether in bonds or foreign direct investment', said Victor Lopes, Africa Economist at Standard Chartered Bank. Multinationals...

The world's financial experts and institutions disagree on how seriously the global financial crash has affected developing economies or how quickly they may recover. In Africa, the International...