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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

economic performance

4 Results / Page 1 of 1

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Africa

IMF Calls for Economic Reforms in Sub-Saharan Africa to Boost Growth

Sub-Saharan African countries reliant on commodity exports must implement economic reforms to address uneven regional growth, stated Abebe Aemro Selassie, the International Monetary Fund's Africa Director. Reuters reports that the IMF's latest World Economic Outlook reveals that the region's growth is projected at 3.6% this year, consistent with last year's figures and lower than the April forecast of 3.8%. Commodity-dependent economies are notably underperforming compared to their more diversified counterparts.

todayOctober 28, 2024 5

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Africa

Smaller African economies are getting more investor attention

    By Conrad Onyango, via bird story agency   Small African economies are punching above their weight to emerge as the most attractive to investors, bolstered by their higher economic and personal freedoms. A new study, ‘The 2024 RMB Where to Invest in Africa report,’ shows that investors are looking beyond markets with big populations and larger economies. Instead, they are seeking destinations with higher levels of stability and […]

todayAugust 13, 2024 25

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Business / Economics

Narendra Modi’s economy isn’t booming for India’s unemployed youth. So, why is his party favoured to win another election?

  By Ian Hall, Griffith University   India will soon hold the biggest election ever conducted, starting on April 19 and running through early June. Almost 950 million registered voters will be able to cast ballots to elect the 543 members of the Lok Sabha, the lower house of parliament. The result is not a foregone conclusion, but most analysts expect Narendra Modi’s Bharatiya Janata Party (BJP) to win another […]

todayMarch 18, 2024 11

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Africa

Africa’s new online foreign exchange system will enable cross-border payments in local currencies – what you need to know

By Christopher Adam, University of Oxford The high cost of making cross border payments on the African continent has driven governments on the continent to seek options of settling trade and other transactions in local currencies. This has given birth to the Pan-African Payment and Settlement System which is scheduled to go live in 2024 under Kenya’s leadership. Development economist Christopher Adam, who has studied the exchange rate policies of […]

todayNovember 28, 2023 17

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