The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
The world is approaching the midpoint implementation of the 2030 Agenda for Sustainable Development, but only 12% of the targets are on track. Digital public infrastructure (DPI) has emerged as a critical enabler of digital transformation and can turbocharge progress to deliver on the SDGs. But to do so, it …
Generative Artificial Intelligence (AI) is more likely to augment than destroy jobs by automating some tasks rather than taking over a role entirely, a new study from the International Labour Organization (ILO) has found. The study, Generative AI and Jobs: A global analysis of potential effects on job quantity and …
India is focused on recommitting the G20’s efforts to achieving the targets of the 2030 Agenda for Sustainable Development. With less than a decade left to attain the Sustainable Development Goals (SDGs), an informed push, supported by an enabling policy environment, innovations, and implementation, is an urgent requirement. A circular …
UNCTAD’s Economic Development in Africa Report 2023 examines the continent’s potential to become a major participant in global supply chains for high-technology sectors like automobiles, mobile telephones, renewable energy and health care. Recent disruptions due to trade turbulence, economic uncertainty, a global pandemic and geopolitical events have compelled manufacturers worldwide …
Around Rs 79 crore has been transferred to ineligible beneficiaries under the Ministry of Rural Development’s National Social Assistance Programme (NSAP) between 2017 and 2021, an audit by the Comptroller and Auditor General of India (CAG) has revealed. Of this, Rs two crore was paid to beneficiaries even after their …
Eswatini’s economy has been characterized by persistent low growth, high fiscal deficits, and unprofitable state-owned enterprises (SOEs). Without significant reform, the country is unlikely to achieve its socioeconomic aspirations, and poverty and unemployment are likely to remain high. These problems are exacerbated by the difficult external environment, with subdued global …
Climate change impacts and the effects of country responses spill across borders. These cross-border, transmitted effects are reshaping the global economy. Flows of natural resources and ecosystem services, traded goods and services, investment and ideas, as well as migration and travel, are shifting. Major economic powers, including the European Union …
Central Africa achieved real GDP growth of 5.0 percent in 2022, compared with 3.4 percent in 2021. The rebound in economic activity was driven by favourable prices for raw materials, in a region that is home to net exporters of crude oil, minerals and other commodities. The region’s growth rate …
The African Development Bank’s East Africa Economic Outlook 2023 reviews the economic performance of 13 Eastern African countries over the past year. The countries are Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, South Sudan, Sudan, Tanzania, and Uganda. It provides key economic trends in the East Africa region …
West Africa experienced slower economic growth over the past year except for Cabo Verde, The Gambia, Guinea, Mali, and Niger, according to the African Development Bank’s 2023 West Africa Economic Outlook report. The report assessed the economic performance of 15 West African countries, namely: Benin, Burkina Faso, Cabo Verde, Côte …
North African countries are projected to see a slight increase in economic growth to 4.6 percent in 2023 and 4.4 percent in 2024, and should make green growth an urgent priority, according to the African Development Bank. According to the Bank Group, growth in the region is essentially driven by …
The 2023 Southern Africa Economic Outlook, analyses the recent economic trends and developments in Southern Africa. In line with this year’s theme for the annual outlook: mobilizing private sector financing for climate and green growth in Africa, the report also explores the potential role of the private sector in financing …
The Gambia’s economy continued to recover in 2022, albeit at a subdued pace in a sluggish global economic environment. Real GDP increased by 4.3 percent (1.8 percent in per capita terms) in 2022, unchanged from 2021, when economic growth was recovering from the COVID-19 pandemic following a sharp deceleration to …
NITI Aayog released the third edition of the report titled ‘Export Preparedness Index (EPI) 2022’ for States/UTs of India. Throughout the post-pandemic era, Indian exports have proven their resilience by successfully navigating the challenges thrown up by the post pandemic supply-chain issues and geopolitical factors. To maintain this momentum, India …
The Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. This 17th edition was published in July 2023 and is part of an ongoing series published twice each year. The publication intends to foster better-informed policy analysis and debate regarding the key challenges that …
The Rwanda Economic Update No. 21 reviews the country’s macroeconomic performance and prospects and includes a special section focusing on the impact of foreign direct investment (FDI) on the domestic economy. After growing by 8.2 percent in 2022, Real GDP expanded by 9.2 percent in the first quarter of 2023. …
The Sustainable Development Goals Report 2023: Special Edition provides a powerful call to action, presenting a candid assessment of the SDGs based on the latest data and estimates. While highlighting the existing gaps and urging the world to redouble its efforts, the report also emphasizes the immense potential for success …
Africa’s Development Dynamics uses lessons from Central, East, North, Southern and West Africa to develop policy recommendations and share good practices across the continent. Drawing on the most recent statistics, the analysis of development dynamics aims to assist African leaders in reaching the targets of the African Union’s Agenda 2063 …
Tax Transparency in Africa is a key output of the Africa Initiative, a programme established in 2014 to ensure that African countries are equipped to exploit the latest improvements in global transparency, to better tackle tax evasion and other illicit financial flows and ultimately improve domestic resource mobilisation to support …
Developing countries face an investment gap of $2.2 trillion annually for the energy transition, out of a $4 trillion annual funding gap for the Sustainable Development Goals, according to this new report by the United Nations Conference on Trade and Development (UNCTAD). UNCTAD’s World Investment Report 2023 reveals a widening …
