Devaluation has promoted extreme poverty in Africa's MICs
Since 2020, a large number of African nations have seen moderate to significant devaluations of their national currencies. These...
Africa's debt problem is challenging its development gains
Africa is facing an extreme debt crisis. While only 2 African countries have defaulted on their external debt, the situation is...
Africa's debt problem requires collective action
Africa's external debt has risen to concerning levels over the past decade. Africa's proportion of global external debt has grown from...
Can immaculate disinflation happen in Africa?
In economics, rules don’t always apply. That’s because economies change; they’re are dynamic, not static. Take the US, for example, which...
BRICS now has its hands full
BRICS, or the renamed New Development Bank (NDB), has just admitted Saudi Arabia, the United Arab Emirates (UAE), Egypt, Iran, Ethiopia,...
My three wishes for Africa's Gini coefficients
Africa faces many unique development challenges. Among them is the continent’s staggering levels of unequal income distribution....
