Economy

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 and Europe sl...

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 competing to o...

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 industrialisatio...

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 on 10 April, the politi...

As the International Monetary Fund and World Bank held their spring meetings in Washington DC last month, economists with both institutions presented an Africa growth picture which...

When African Union leaders meet in Addis Ababa to ratify the continent's free trade area on 9-10 February, it will be against a backdrop of gloomy forecasts about global economic t...

Radical political change and peace-making in Ethiopia, together with the signing of the African Continental Free Trade Area agreement, lifted spirits in Africa as other regions bec...

Although the International Monetary Fund and the World Bank maintain that Africa's economies will, on average, expand faster during 2018 than last year, both Washington DC institut...

Threats of a rapid and unsustainable build-up of debt could disrupt the prospects for growth in many African economies,* according to the International Monetary Fund and World Bank...

Economies across Africa will grow haltingly, by about 3% on average in 2018 and 3.5% in 2019, according to the latest World Bank forecasts. And the International Monetary Fund warn...