Tagged in: IMF

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African borrowing gets smarter

Akinwumi Adesina, President of the African Development Bank (AfDB), recently revealed that Africa’s annual infrastructure gap now stands at as much as $170bn.

Has Africa learned its lesson on debt?

Thirteen years after the debt relief movement saw billions in unsustainable public borrowing written off by Western creditors, there are worrying signs that African economies could be lurching towards another crisis.…

Are Egypt’s IMF-imposed reforms working?

Grinding their way through some of the world’s slowest traffic lanes, the unfortunate drivers of Cairo are wearily familiar with their tedious daily commute.…