Confronting Africa’s cost-of-living crisis
The rising cost of living in Africa has triggered a wave of protests in recent months, underscoring the disproportionately higher economic and social costs of inflation on a continent with persistent...
The eclipse of the petrodollar
Much of the reporting earlier this month about the “non-renewal” of a decades-old “petrodollar agreement” between Saudi Arabia and the United States was riddled with inaccuracies and...
The technologies African farmers need
Ethiopia has long suffered from recurrent large-scale famines, most notably in the early 1980s, when at least one million people died, and millions more were displaced. This year, however, Ethiopia...
Food security is national security
The writer is Chief Economist and Director of Research at the African Export-Import BankDespite containing 60 per cent of the world’s uncultivated arable land, Africa has been a net food importer...
How to beat developing-market debt crises
Since the Latin American debt crisis of the 1980s, sovereign-debt crises have become a regular occurrence for emerging and developing economies. Today, Sri Lanka needs a bailout from the International...
The great inflation trade-off
On May 4, the United States Federal Reserve raised its benchmark interest rate by half a percentage point in an aggressive attempt to curb surging US annual inflation, which currently stands at a...
Africa can't afford a second cold war
More than 20,000 Africans were killed in violent conflicts in 2020, an almost tenfold increase from a decade ago. Concurrently, and perhaps not coincidentally, Sino-American rivalry has escalated...
Changing the Africa population narrative
Economic policy debates about Africa are too often clouded by calls for population control and lower fertility rates. And the United Nations is fueling the problem by projecting that Africa’s...