Blog

African Countries Need A New Economic Model

Many countries across Africa are experiencing an economic malaise. What began as a slump for commodity exporters in 2014 became a more general slowdown with the shocks of the COVID-19 pandemic and the war in Ukraine. Zambia, Ghana and Ethiopia have all defaulted since the start of the pandemic; other countries are imposing harsh austerity measures to avoid the same fate.

Authors

RECENT POSTS

Debt over Development? New Report Reveals Debt Trap Draining Developing Nations of Vital Services

The continent that pays more to borrow. Inside Africa’s fight against biased credit ratings.

Day 3 Highlights: Regional Consultation on Strengthening Sovereign Credit Ratings in West Africa