Through its Belt and Road Initiative, China has become the world’s largest country-to-country lender. A new study shows that more than half of its loans threaten sensitive lands or Indigenous people.
To non-economists, the World Bank ranking Nigeria fifth on the list of its top ten debtor countries is alarming. A deeper analysis shows there is no cause for concern.
Eurobonds are costly for governments. But they are also attractive because investors buy them without preconditions.
China’s engagement with Ghana was solidified by its willingness to undertake an expensive project Western partners had run away from.
It has consequences for everything from voting rights at the IMF to international borrowing costs.
The African Continental Free Trade Area is the largest in the world. The World Bank sees it as a means of lifting 30 million people out of extreme poverty. But will it?
Government has limited resources to improve quality in schools in Ghana.
Despite evidence that cash payments can help improve well-being, they have limitations as well, according to a development economist.
Medium-term expenditure frameworks can be useful only when they are based on comprehensive medium-term development plans.
There is a need to be alive to tensions between short- and long-term objectives, as well as the assumptions we hold around what we consider to be “better” and how to achieve it.
Side agreements signed by some wealthy nations threaten to undercut global efforts to ensure a fairly equitable worldwide vaccination effort.
South Africa’s National Treasury now proposes to reduce salaries. On the face of it this seems sensible. But the fundamental issue is the structure of the public service.
Zimbabwe wants to issue a sovereign bond to raise $3.5 billion it has agreed to pay as compensation to white farmers, but the economic and political conditions aren’t conducive to such an issuance.
African countries should tread carefully over the debt relief offered by multilateral institutions and other lenders. It could prove very costly in the medium to long term.
The Nigerian government must adopt a process that is open in implementing its social assistance programmes.
The World Bank is giving $160 billion to help bolster the world’s weaker health systems – but it needs to do more.
A blanket solution to Africa’s debt burden risks costing African countries dearly in terms of access to international capital markets and the relatively lower cost of borrowing.
The IMF/World Bank spring meetings offer Africa an opportunity to put on the table what it needs to mitigate the impact of COVID-19.
The biggest lesson has been that controlling a disease outbreak like Ebola is impossible without community trust and engagement.
Taking Sudan off America’s list of terror is just one step in the country’s journey to economic recovery