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Is debt restructuring the magic wand for Africa's problems?

Observers contend that entering restructuring agreements will be crucial in helping nations out of their current crisis. ....

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Top Largest & Fastest-Growing Economies in Sub-Saharan Africa in 2023

With its young population and rich natural resources, Africa is the world s fastest-emerging regions. Most of its nations are projected to grow in 2023, but what economies in sub-Saharan Africa are worth paying attention to? ....

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Ghana seeks IMF bailout as inflation spikes — Quartz Africa

Staff of the IMF were in Ghana this week to discuss a "reform package" as inflation hits 19-year high. ....

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African economies to watch in 2021 with Covid, debt impact — Quartz Africa

February 1, 2021
Sub-Saharan Africa will see moderate but positive growth of 2.7% this year, a welcome rebound from the region’s first recession of 25 years in 2020 when the region shrank by an estimated -3.7%. But 2021 is probably going to be just as tough for African economies as it was in 2020.
Last year, there was a 6.1% decline in per capita income in the region, the “deepest contraction on record,” says the World Bank in its latest global outlook. There’ll be a further 0.2% decline this year.
Like many observers, the bank is worried that despite the commendable early efforts of African governments to lock down their economies from Covid-19 the pandemic has not really let off. Several countries are going through a second wave that is more severe than the first. ....

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