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
Also

Seeking the ‘shoots’ of economic recovery

Uncertainty over when African growth will revive
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Emerging economies hold promise for Africa

But governments must play smart to get the best deals
Cover Story

Debt relief for post-war rebuilding

Liberia scores big, but the Congo and Côte d’Ivoire are still waiting
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Africa begins to tap crisis funds

Fears that deeper global reforms will drag out
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World downturn squeezing Africa

Calls for more aid, greater voice in recovery plans
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Relief efforts gear up for Zimbabwe

Donors look for more progress on national reconciliation
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Out of crisis, opportunity?

Africa seeks a voice in global financial management
Cover Story

A harvest of hope for African farmers

Malawi subsidies stimulate a bumper crop
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More policy freedom or belt-tightening?

New IMF programme targets ‘graduates’ of austerity plans
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Industrial countries write off Africa's debt

But will the G-8 deal be hobbled by new conditions?
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Workers’ remittances: a boon to development

Money sent home by African migrants rivals development aid
Cover Story

New urgency for cancelling Africa’s debt

G-8 powers consider full write-off of multilateral obligations
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