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The World Bank says Nigeria’s surging inflation had pushed an estimated seven million citizens below poverty line in 2020. Olukayode Jaiyeola/NurPhoto via Getty Images

Nigeria’s food inflation: losers, winners and a possible solution

Food inflation figures in Nigeria give cause for concern. Accusing fingers are pointed at rising dollars, farmers and middlemen, but this expert says the can may have been placed on the wrong heads.
South Africa President Cyril Ramaphosa: His party’s 2022 elective conference and the country’s 2024 national elections will define political choices. Getty Images

South Africa faces a slowly worsening chronic fiscal crisis

National Treasury’s strategy to overcome South Africa’s chronic fiscal crisis rests on highly uncertain political and economic foundations.
Informal head porter workers Percent Boatemaq (left) and Lusaka Fuseina (right) carrying goods on their heads at Agbogbloshie market in Accra, Ghana. Photo by Jonathan Torgovnik/Getty Images

The World Bank and IMF are using flawed logic in their quest to do away with the informal sector

Influential international actors like the World Bank and the IMF should focus on expanding social protection rather than focusing on eliminating the informal economy.