Posts by AfriCatalyst
What Did the Paris Summit Deliver for Africa and What’s Next?
Africa continues to face daunting challenges arising notably from high indebtedness, inflationary pressures, financing shortages, climate change, stagflation, and geopolitical tensions. Although the continent contributes the least to CO2 emissions,…
Read MoreThe African Union Should Prepare Now for G20 Membership
As more countries call for the AU to be granted full membership, African leaders must reach a consensus on economic issues, devise a clear plan for reforming the global financial…
Read MoreWhy financial inclusion still matters to Africa
Financial exclusion is hurting Africa’s prosperity hopes. Currently, 40% of the continent’s population remains unbanked, while around 90% of financial transactions are cash-based. Advancing digital financial services and identity infrastructure…
Read MoreTowards Africa Climate Week: Expectations and Key Issues
The anticipation is palpable. The hope is credible. Growing up in the harsh, remote regions of Southern Somalia, Noor Mohammed is used to frequent bouts of droughts. She vividly remembers…
Read MoreExplainer: What you need to know about the Africa Climate Week
After months of anticipation and careful planning, the D-Day has finally arrived. Beginning Monday, September 4th, 2023, leaders from governments, businesses, multilateral partners, international organizations, and civil society will come…
Read MoreInvesting in green bonds to bridge climate inequalities
Experts suggest that Green Bonds could be the perfect solution to address the pressing need for increased climate investment in Africa. Developing nations, disillusioned by broken promises from wealthier countries…
Read MoreRethinking how to attract private sector finance for Africa’s development
For years, the private sector has been hailed as the essential engine of Africa’s development. It represents more than 80% of total production and two thirds of total investment. It…
Read MoreEmbracing aquaculture to meet Africa’s food needs
Decades after the end of colonial rule, Africa is still struggling to feed its people. At least one in five Africans goes to bed hungry and an estimated 140 million…
Read MoreAvoiding the Looming Disillusionment about IMF Climate Finance
The new IMF climate finance mechanism faces multiple implementation challenges. It will take urgent actions from the institution and its major shareholders to avoid disillusionment among policymakers in climate-vulnerable developing…
Read MoreEconomic emergence is the new target for African countries, but how can it be achieved?
As African countries work towards the goal of achieving economic emergence, Daouda Sembene points out that the key challenge is developing a concrete action plan to shape reform. While embracing…
Read MoreDisabling the drivers of unequal growth in Sub-Saharan Africa
Fast growth and increasing levels of inequality have come to characterise many of Sub-Saharan Africa’s economic success stories. Understanding the drivers of unequal growth will require looking beyond the narrative…
Read MoreIn the COVID-19 War, the IMF Arsenal Must Fully Benefit Low-Income Countries
The COVID-19 pandemic is taking a huge economic toll in low-income countries. The IMF has provided prompt support to help mitigate it, but it could and should do much more.…
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