New towns have had a better track record in places of rapid economic and population growth, such as east Asian countries.
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The IMF sends its staff on two types of mission to member countries: to assess the state of the country’s macro economy or to assess the need for financial support.
The wealthy should not be allowed to opt out from their share of the costs of electricity production and Eskom’s debt.
Mozambique’s trade unions have not been a strong force in society – which has left a space for others to fill.
America is seeking to reconnect with Africa through climate-smart solutions, health and digital technology.
The impression that’s been created is that political will is the only ingredient missing in fixing South Africa’s electricity crisis. But this is simplistic.
Algorithms can help determine what farm inputs and policies can boost food production.
Producers in Zambia should be getting more for their crops, and buyers in East Africa should be paying less, alleviating food price spikes.
Zimbabwe’s central bank should focus on tackling the underlying drivers of inflation rather than blaming the war in Ukraine.
To live up to their promise, both on the African continent and elsewhere, digital currencies must be globally coordinated.
Harnessing the combined effect of trade and urbanisation could significantly boost the economies of African countries.
The scenarios provide plausible and possible alternatives for futures of industrialisation. They also alert decision makers to desired and undesired development pathways.
If Russia keeps its word, the benefits will be immediate. Grain prices could soften as more grain supplies become available to the world market.
The global external shocks require a total rethink, repurpose and reform of the process of globalisation.
The Ajaokuta steel plant stands unused after 40 years of construction and US$8 billion in investment.
A confluence of many factors – from Russia’s war to drought to local corruption and lack of productivity – has inflated prices.
Ghana hasn’t been able to withstand economic shocks or manage its debt because it hasn’t dealt with structural economic problems.
Digital platform work is often seen to suit workers’ skills, interests and schedules. But it comes at a cost to their economic security and control over the work process.
The economy has taken centre stage in Kenya’s 2022 elections, but political promises have fallen short of offering realistic solutions.
The New Development Bank doesn’t have mechanisms that communities can use to hold it accountable or seek redress.
How well Morocco manages challenges to its fertiliser industry will affect its own development and the stability of food supplies across the world.
The industry’s prices and profits would be lower if laws were enforced.
It’s still fashionable today to promote tech startups and tech hubs based on models from the global north. But new, alternative and more sustainable models might be emerging.
Now is the time for African countries to start looking for African value chains or alternatives to global value chains.
A return to debt sustainability will create room for African policy makers to stave off risks to the post-pandemic recovery.