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....
Africa's vision strategies require improvement
Having reviewed in detail economic strategy documents for over a dozen African countries either entitled Vision 2030, or Vision 2040,...
Africa's great credit rating agency downgrade
Since 2020, Africa has seen an onslaught of sovereign credit-rating downgrades. Fitch, Moody’s, and S&P downgraded 18 of the 32 African...
Africa’s MICs - High interest rates are not compatible with state enterprise divestiture
Inflation in Africa’s largest middle income countries is primarily the result of cost push inflation. This is because Egypt, Nigeria and...
Africa’s largest MICs and their inflation quandary
Average prices have increased by approximately 30 percent over the past 12 months in Egypt, Nigeria, and South Africa. This is concerning...
