Tag: Development finance
South Africa looks toward inclusive recovery to stabilise debt, boost growth
04 Aug 20 NewsIn a conversation with IMF Country Focus, the Director-General of South Africa’s National Treasury Dondo Mogajane explains how the government has responded to the COVID-19 c...
tralac’s Daily News Selection
30 Jul 20 NewsAfCFTA: Nigeria not ready for restrictive Rule of Origin (Nairametrics)
Adopting a restrictive Rule of Origin will not allow the Nigerian manufacturing industry to enjoy the full ...
The European Union Supports Africa’s COVID-19 Continental Response
01 Jul 20 NewsThe European Union (EU) has provided EUR 10 million towards the implementation of the Africa Joint Continental Strategy for COVID-19 Outbreak. The funding is the initial contributi...
Private sector leaders commit to mobilizing resources to build back better from COVID-19
11 Jun 20 NewsIn a meeting convened by United Nations Secretary-General António Guterres on 10 June, leaders of prominent financial institutions and businesses pledged to scale-up sustainable i...
COVID-19: Act now or risk ‘unimaginable devastation’ globally, warns UN chief
29 May 20 NewsUnless countries across the world act together now, the COVID-19 pandemic will cause “unimaginable devastation and suffering around the world”, UN Secretary-General António Gu...
tralac’s Daily News selection
21 May 20 NewsThe 2nd edition of the African Regional Integration Index will be launched tomorrow. Further details of the webinar can be accessed here.
South Africa: Masondo punts com...
World Bank Group: 100 Countries get support in response to COVID-19 (Coronavirus)
21 May 20 NewsUnprecedented Crisis Could Push Up to 60 Million into Extreme Poverty
The World Bank Group on 19 May 2020 announced its emergency operations to fight COVID-19 (coronavirus) have r...
SADC, World Bank reaffirm commitment to strengthen partnership for regional economic integration despite COVID-19 pandemic
18 May 20 NewsThrough a virtual consultative meeting held on 12 May, 2020, co-chaired by the SADC Executive Secretary, Her Excellency Dr. Stergomena Lawrence Tax, and Ms. Deborah Wetzel, the Dir...
IMF Emergency Funding in the face of the COVID-19 pandemic
14 May 20 PublicationsThe COVID-19 (Coronavirus disease 2019) pandemic is an unprecedented crisis facing the world and the global economy. Its social, welfare, health and economic consequences have been...
A new normal: UN lays out roadmap to lift economies and save jobs after COVID-19
04 May 20 NewsThere will be no return to the “old normal,” governments must act to create a new economy and more jobs.
The urgent health crisis that is COVID-19 has created a historic reces...
Three-phased economic response to COVID-19 pandemic
22 Apr 20 NewsGovernment has announced a massive social relief and economic support package of R500 billion which amounts to around 10% of Gross Domestic Product (GDP) to mitigate against the bl...
tralac’s Daily News selection
21 Apr 20 NewsTomorrow: President Ramaphosa engages African business leaders on the impact of COVID19
Members of the AU Bureau, other invited Heads of State and/or Government, the African Centr...
UN issues appeal to bolster COVID-19 ‘logistics backbone’ or response could stutter to a halt
21 Apr 20 NewsThe heads of major UN humanitarian agencies and offices have launched an urgent appeal for $350 million to support global aid hubs to help those most at risk during the COVID-19 pa...
Decisive action in an unprecedented crisis
18 Apr 20 NewsThe world is experiencing unprecedented challenges from COVID-19 – the coronavirus pandemic – that could erase development gains for many countries. The pandemic has profoundly...
World Bank Group and IMF mobilize partners in the fight against COVID-19 in Africa
18 Apr 20 NewsThe World Bank Group and International Monetary Fund on Friday convened African leaders, bilateral partners, and multilateral institutions to spur faster action on COVID-19 respons...
Without adequate protection, estimates show that over 300,000 Africans could lose their lives due to COVID-19 – ECA report
17 Apr 20 NewsThe Economic Commission for Africa (ECA), in a new report on the coronavirus pandemic, says over 300,000 Africans could lose their lives due to COVID-19. This, as the pan...
Transcript of Sub-Saharan Africa Regional Economic Outlook Press Briefing, April 2020
16 Apr 20 NewsExtracts from the press briefing held on 15 April 2020 at the IMF-World Bank Virtual Spring 2020 Meetings, with Mr. Abebe Aemro Selassie, Director of the IMF’s African Depar...
Finance Minister Tito Mboweni: Media briefing on economy and Coronavirus (COVID-19)
14 Apr 20 NewsThe Covid-19 pandemic is expected to deepen South Africa's economic woes, and is expected to push the economy into a deep recession during 2020.
At a media briefing today, Finance...
Africa’s Response to COVID-19: Key Messages for IMF and WBG Meetings
14 Apr 20 NewsCOVID-19 is a global crisis affecting the whole world. As the days go by the impact of the crisis becomes more visible and more general.
Though hit later, Africa is already facin...
Financing for Sustainable Development Report 2020
13 Apr 20 News60 International agencies urge rapid, coordinated response as pandemic threatens to destabilize poor countries’ finances
Governments must take immediate steps to prevent a poten...