Economic Development

African Finance Ministers call for an IMF that is “fit for the 21st Century”

They want the operation model, lending instruments and governance structure strengthened to deal more effectively with global shocks such as the COVID-19 pandemic, the war in Ukraine and the unfolding climate crisis
For equitable access to vaccines we need action, not just words.
Economic Development

For equitable access to vaccines globally, we need action, not just mere words

— Ambassador Collen Vixen Kelapile, President of the UN Economic and Social Council (ECOSOC).
An unprecedented downturn with major consequences for development in Africa
News

Development prospects in Africa undermined by a severe economic downturn

African countries need strong policy actions and further support from the international community in averting a debt crisis and protracted low growth
Addis Ababa–Djibouti Railway
Economic Development

External debt complicates Africa’s COVID-19 recovery, debt relief needed

Calls made for temporary debt standstill for all African countries
  Producing more textiles and other manufactured goods can stimulate trade among African countries.  Photo : ©UNIDO
Also

How to boost trade within Africa

Lower barriers and diversify production
Cotton farmers in Burkina Faso: World prices are depressed.  Photo : ©Jorgen Schytte
Also

Making African integration a reality

New strategies aim for public involvement, practical results
Leather goods factory in Ethiopia: Peace has helped economic growth.  Photo : ©UNIDO
Also

African economies show an upturn

But performance remains vulnerable and uneven, reports ECA
Angolans party in the Miami Beach Nightclub in Luanda. Photo: Panos/ Robin Hammond
Also

Inequality clouds growing economy

Angola needs to diversify its oil economy
Also

Most African countries will be middle income by 2040

Interview with Carlos Lopes, executive secretary, Economic Commission for Africa
Also

Somali diaspora’s remittances cast a lifeline

Interview with a money transfer chief executive
Also

Ghana’s ‘new path’ for handling oil revenue

Seeking to avoid the ill effects of Africa’s resource “curse”
Economic empowerment

Women struggle to secure land rights

Hard fight for access and decision-making power
Economic empowerment

Does financing benefit African women?

New initiatives to track the gender impact of development funds
Also

‘Green economy’: empty rhetoric or pathway to future?

At Rio summit, African delegates are skeptical of the benefits
Also

Rio summit keeps African hopes alive

Some gains, plus commitments to future sustainable development talks
Africa’s booming economies

Harnessing African stock exchanges to promote growth

Despite some weaknesses, right policies could unleash their power
and Aissata Haidara  and 
Africa’s booming economies

Tourism in Africa is slowly coming of age

Innovation and better infrastructure can draw more visitors
and Aissata Haidara  and 
Africa’s booming economies

Tourism in Africa is slowly coming of age

Innovation and better infrastructure can draw more visitors
Africa’s booming economies

Beyond mining taxes, to development

Contracts must benefit communities and promote economic linkages
Also

Bid to end subsidy stirs protest in Nigeria

Unrest highlights problems of mismanagement and corruption
and Aissata Haidara  and 
Also

Malian women create beauty — and profit

Hand-dyed fabrics win praises, capture markets
and Aissata Haidara  and 
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Malian women create beauty — and profit

Hand-dyed fabrics win praises, capture markets
and Michael Fleshman  and 
Also

Peace in Sierra Leone, a project under construction

UN seeks to coordinate support for post-war development
and Michael Fleshman  and 
Also

Peace in Sierra Leone, a project under construction

UN seeks to coordinate support for post-war development
and Katreen Toomel  and 
Also

Africa needs a strategy for ‘emerging partners’

Report assesses growing ties with China and other Southern economies
and Katreen Toomel  and 
Also

Africa needs a strategy for ‘emerging partners’

Report assesses growing ties with China and other Southern economies
MDGs and beyond

Jobs and equity key to Africa's poverty fight

Progress on MDGs requires more than social safety nets
Also

Seeking the ‘shoots’ of economic recovery

Uncertainty over when African growth will revive
Also

Emerging economies hold promise for Africa

But governments must play smart to get the best deals
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Africa begins to tap crisis funds

Fears that deeper global reforms will drag out
Cover Story

Mining to profit Africa’s people

Governments bargain for “fair deals” that enhance development
Also

World downturn squeezing Africa

Calls for more aid, greater voice in recovery plans
Also

Africa faces up to global turmoil

The continent is now stronger, says UN’s Cheick Sidi Diarra
Also

Small loans widen horizons for the poor

More money behind microfinance groups in Africa
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Africa braces for global shockwaves

Growth slows, but Africa’s economies are now more resilient
Also

Out of crisis, opportunity?

Africa seeks a voice in global financial management
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Banking on African women

Loan guarantees and private partners improve access
Also

Trading from Cape to Cairo

Regional groups aim to expand trade within the continent
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New trade pacts threaten regional unity

Africa and Europe haggle over trade arrangements
Also

Powering up Africa’s economies

Regional initiatives can help cover deficits
NEPAD in action

Spurring business to invest in Africa’s future

NEPAD encourages African private sector engagement
Also

More policy freedom or belt-tightening?

New IMF programme targets ‘graduates’ of austerity plans
Also

East Africa feels blows of Kenyan crisis

Economic and social repercussions affect entire region
Also

Africans fear ‘ruin’ in Europe trade talks

Opposition grows to more inequitable trade liberalization
Also

Big leap in China-Africa ties

Beijing offers continent more aid, trade and business
Also

African economic forecasts are brighter

But estimates vary and uncertainties abound
Also

Combating Africa’s ‘silent tsunamis’

Donor momentum builds for greater aid to the continent
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