Tag: Economic Development

President Cyril Ramaphosa, as the AU Chairperson, convened a virtual meeting of the African Union Bureau and RECS today to discuss, inter alia, the Africa COVID-19 pandemic strateg...

Today is World Anti-Counterfeiting Day: selected updates Kenya’s National Baseline Survey Report: Kenya loses over Ksh 100B in revenue to illicit trade (KBC) Kenya’s Ant...

The global economic outlook during the COVID-19 Pandemic: A changed world The swift and massive shock of the coronavirus pandemic and shutdown measures to contain it have plunged ...

Diarise, Thursday (11 June): Rwanda, Kenya, Tanzania, and Uganda are expected to table their respective 2020/2021 national budgets. Industrialists are lobbying, through the EABC, f...

Buhari nominates Okonjo-Iweala as Nigeria’s candidate for WTO’s DG election (Premium Times) Nigeria has nominated a former Minister of Finance, Ngozi Okonjo-Iweala, as its can...

How much will poverty rise in Sub-Saharan Africa in 2020? (World Bank) The ongoing coronavirus pandemic is expected to drastically slow 2020 GDP per capita growth in Sub-Saharan A...

Extracts from a media briefing held on Tuesday, 5 May 2020 Good afternoon and welcome to our media briefing. So much has changed during the past 2.5 months to bring to a culminat...

A new World Bank report provides valuable insights for policymakers and for financial sector players seeking to expedite financial inclusion and development of digital financial se...

The coronavirus pandemic hits developing countries at a time when they have already been struggling with unsustainable debt burdens for many years, as well as with rising health ne...

My Fellow South Africans, It has been exactly seven weeks since the first case of the coronavirus was confirmed in our country.  Since then, all our lives have changed in fu...

Diarise: UNCTAD’s eWeek (27 April - 1 May) The programme features two high-level dialogues, one donor roundtable; and a set of webinars to explore how the COVID-19 pandemic is i...

Global remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown. The projected fall, which...

The G20’s action on debt is an important first step; now for the hard part (The Africa Report) A commentary by Brahima Sangafowa Coulibaly, Donald Kaberuka, Louise Mushikiwabo, ...

The world is experiencing unprecedented challenges from COVID-19 – the coronavirus pandemic – that could erase development gains for many countries. The pandemic has profoundly...

Extracts 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...

IMFC Statement by T.T. Mboweni, Minister of Finance for South Africa, on behalf of the Africa Group I Constituency[1] We express our deepest sympathies on the exten...

EAC Heads of State will convene an extraordinary virtual summit, tomorrow, to discuss the coronavirus pandemic EAC Secretariat urges partner states to prepare post COVID-19 recove...

The 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...

The IMF, World Bank Spring Meetings begin tomorrow: The schedule of IMF events, starting with the launch of the World Economic Outlook WBG president David Malpass: This w...

For Sub-Saharan Africa, Coronavirus crisis calls for policies for greater resilience Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbre...