Africans urged to trade more with each other

African countries continue to trade more with the outside world than among themselves, according to findings of the UN Economic Commission for Africa assessment report...

2 days ago

AfCFTA offers massive economic opportunities, but there is still much work to be done

The Africa Continental Free Trade Area (AfCFTA) agreement came into effect on the 1 January 2021. A total of 54 of Africa's 55 countries have agreed, in principle, to participate in the agreement...

By Bobby Madhav 22 Apr 2021

LNG production in Mozambique and the political risk of Islamic militancy

The Cabo Delgado province in the northernmost part of the long Mozambican seaboard is now home to Africa's three largest liquefied natural gas (LNG) projects...

By Theo Neethling 30 Mar 2021

The basis of South Africa's annual budgets needs an overhaul. Here's why, and how

Governments in most developing countries use medium-term expenditure frameworks as fiscal policy instruments to match the imperatives of policy, planning and budgeting over the medium-term horizon...

By Matthew Kofi Ocran 23 Feb 2021

President Mnangagwa claimed Zimbabwe was open for business. What's gone wrong

In November 2017 Zimbabwe's military replaced Robert Mugabe as head of state with his long-time confidante Emmerson Mnangagwa. He declared Zimbabwe "open for business", linking foreign relations with economic policy...

By Henning Melber & Roger Southall 1 Feb 2021

Africa can finance its development but needs a paradigm shift

Africa faces its worst economic recession in 25 years, largely due to the Covid-19 pandemic...

By Matilda Moyo 22 Dec 2020

Energy resources can spark Africa's economic growth

Despite the Covid-19 pandemic, not all of the economic news in Africa has been negative. We continue to see promising developments...

By NJ Ayuk 4 Nov 2020

Covid-19 and AfCFTA: why now is the time to maintain momentum despite the global pandemic

The buzz and excitement around the continent's trade agreement, hailed as the answer to a fully integrated pan-African economy, has undoubtedly slowed its pace since the secretariat became operational in April 2020...

By Zuneid Yousuf 15 Oct 2020

Business as usual in post-pandemic recovery will only reinforce economic hardship

Africa's low level of economic diversification is a leading factor in the continent's economic fragility. Further, the Covid-19 pandemic has magnified the risks of countries' over-dependence on a single natural resource such as oil...

By Njuguna Ndung'u 28 Sep 2020

Africa is open for business

Despite the Covid-19 pandemic, investment opportunities still abound in Africa. Global markets are shifting to South Asia and Africa...

15 Sep 2020

Review of nine African 'blue economy' projects shows what works and what doesn't

Africa has 38 coastal countries and six islands whose maritime industry is estimated to be worth $1trn per year. This figure will increase as they develop their offshore hydrocarbon, energy, tourism, maritime transport, shipping and fishing sectors...

By Ifesinachi Okafor-Yarwood 12 Aug 2020

Zimbabwe wants to raise money through a sovereign bond. Why this is ill-advised

The Zimbabwean government recently signed an agreement to pay 4,500 white farmers $3.5bn for infrastructure improvements on the land expropriated by the government during the chaotic land reform programme of 1997/8...

By Misheck Mutize 11 Aug 2020

Why the African free trade area could be the game-changer for the continent's economies

Most economists see structural transformation as one of the main routes to Africa's sustainable development...

By Muazu Ibrahim 3 Aug 2020

Why African countries are reluctant to take up Covid-19 debt relief

A debt service relief package has been approved by some of the world's biggest lenders for more than 25 African countries...

By Misheck Mutize 30 Jul 2020

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