How to spur economic growth in Africa’s fragile, conflict-affected states
By Wenjie Chen, Michele Fornino, Hamza Mighri, and Can Sever More than half of sub-Saharan Africa’s population lives in fragile...
World Economy
Oil prices rise despite OPEC+ output hike plans
Agency Report Morgan Stanley forecasts that OPEC+ will restore all 2.2 million bpd of previously cut output by October, mainly...
Trade and development foresights 2025: Under pressure – uncertainty reshapes global economic prospects
Global growth is expected to slow to 2.3% in 2025, falling below the 2.5% threshold that is often associated with...
AfDB Adesinawarns of economic shockwaves from U.S tariffs, calls for strategic global engagement
Agency Report As the United States imposes higher tariffs with global ramifications, African Development Bank Group President Dr. Akinwumi Adesina...
Climate induced losses to hit $50bn annually 2030
Agency Report The African Financial Alliance on Climate Change (AFAC), the African Development Bank have offered technical assistance to African...
EU to end duty-free imports from Ukraine after June 5
The European Commission will not extend the duty-free import of goods from Ukraine beyond June 5, spokesperson Olof Gill announced...
Nigeria’s revenue at risk as W/Bank forecast global commodity prices fall
Orisemeke Benjamin The World Bank has said that global trade tensions could see commodity prices falling to an all time...
Sub Saharan African recovery interrupted
A hard-won recovery in sub-Saharan Africa has been overtaken by recent events. The sudden shift in the global outlook has...
Rising global debt requires countries to put their fiscal house in order
By Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro Major policy shifts underway have heightened global uncertainty. The series of recent tariff...
G-24 raises concern over global humanitarian suffering
The Group of 24 Countries (G-24), has expressed concern over the escalating humanitarian suffering due to crises in various parts...
