November 02, 2022
Africa: Early Coal Retirement - How About a Global Auction?
Report after report highlights that we can only achieve the greenhouse gas (GHG) emission reductions required by the climate goals of the Paris Agreement if much of the existing… Read more »
November 01, 2022
Africa: Oil Exporters Make Markets, Not War
The decision to cut oil production by the Organization of Petroleum Exporting Countries (OPEC) and its allies as of Nov. 1 comes in response to the need to face a shrinking market,… Read more »
Africa: Developing Countries Need Monetary Financing
Developing countries have long been told to avoid borrowing from central banks (CBs) to finance government spending. Many have even legislated against CB financing of fiscal… Read more »
October 29, 2022
Zimbabwe: Artisanal Miners Ruin Diminishing Forests
With homemade tents scattered about, hordes of artisanal gold miners throng parts of Mazowe village in Zimbabwe's Mashonaland Central Province, where they have cut down thousands… Read more »
October 25, 2022
Africa: Macroeconomic Policy Coordination More One-Sided, Ineffective
Widespread adverse reactions to the UK government's recent 'mini-budget' forced new Prime Minister Liz Truss to resign. The episode highlighted problems of macroeconomic policy… Read more »
October 21, 2022
Africa: Public Development Banks Can't Drag Their Feet When It Comes to Building a Sustainable Future
A coalition of civil society organisations is demanding public development banks (PDBs) to take radical and innovative steps to tackle human rights violations and environmental… Read more »
Rwanda: Tracking Social Media to Uncover Ivory Trafficking in Rwanda
Every morning, Valerie Mukamazimpaka, a businesswoman selling various food products from Rubavu, a district in Northwestern Rwanda, wakes up early morning to cross "Petite… Read more »
October 19, 2022
Africa: Time Is Running Out for Decisions On Debt Relief As Countries Face Escalating Development Crisis
Developing low- and middle-income economies are taking hard hits from global economic developments outside their control. Monetary tightening in advanced economies coupled with… Read more »
October 12, 2022
Africa: Big Business, Not Vulnerable Communities, Benefited From Post-Pandemic Support - Report
Governments and international financial institutions must adopt new ways of providing post-pandemic support, say campaigners after a report found that in many poorer countries, big… Read more »
October 13, 2022
Africa: How Digital Can Drive a Green Recovery
As much of the world was starting to glimpse recovery from the COVID-19 pandemic, it now finds itself amid a cost-of-living crisis brought on by disruptions in global energy and… Read more »
October 11, 2022
Africa: Development Banks Should Reform Their Lending Practices
In the last week of September, emerging market (EM) bond fund outflows hit $4.2 billion, according to JP Morgan, bringing this year's total to a record $70 billion. The exodus, set… Read more »
October 10, 2022
Africa: Africa, the Looted Continent
Africa. The birthplace of "Homo Sapiens." The land of plenty. The origin of farming. The richest region in terms of natural resources. And human capital. Home to over 1.3 billion… Read more »
October 07, 2022
Africa: Addressing the Cow in the Room, Lowing for Nutrition and Livelihoods #AfricaClimateCrisis
Meat, milk, and eggs are bad for you, and livestock is bad for the environment. Read more »
October 05, 2022
Africa: Energy Transition - Is It Time for Africa to Talk Tough?
Thirty-year-old Difasi Amooti Kisembo is one of the demonstrators near the EU delegation offices in Kampala. He and a handful of others have traveled from Uganda's oil and gas-rich… Read more »
October 04, 2022
Africa: Ideology and Dogma Ensure Policy Disaster
Central banks (CBs) around the world - led by the US Fed, European Central Bank and Bank of England - are raising interest rates, ostensibly to check inflation. The ensuing race to… Read more »
September 27, 2022
Africa: Inflation Phobia Hastens Recessions, Debt Crises
Inflation phobia among central banks (CBs) is dragging economies into recession and debt crises. Their dogmatic beliefs prevent them from doing right. Instead, they take their cues… Read more »
September 13, 2022
Africa: What Does the African Continental Free Trade Agreement Hold for Women?
Agnes Opus sells cereals in Busia, the border town between Kenya and Uganda. This is her lifeline through which she caters for her immediate family's needs from school fees to… Read more »
September 07, 2022
Uganda: Covid-19 Forced Teachers to Go Digital, Teaching Them Important Lessons
Before the outbreak of COVID-19, an education officer in the district neighbouring Uganda's capital Kampala decreed that teachers could not take computers, mobile phones, or… Read more »
September 06, 2022
Africa: 1980s' Redux? New Context, Old Threats
As rich countries raise interest rates in double-edged efforts to address inflation, developing countries are struggling to cope with slowdowns, inflation, higher interest rates… Read more »
August 31, 2022
Africa: Continent Should Trade Its Carbon Credits to Fund Renewable Energy - UNECA
Africa needs to trade in carbon credits to reduce greenhouse gas emissions, finance the transition to renewable energy, and boost economic development, the United Nations Economic… Read more »
August 24, 2022
Africa: UN Labour Report Highlights Employment Challenges for Youth
When COVID-19 prompted economic shutdowns across the globe, many analysts predicted that youth would be especially at risk. This is because young people tend to have fewer economic… Read more »
August 19, 2022
Zimbabwe: Starvation Pounds Inflation-Hit Urban Zimbabweans
With inflation at 256.9 percent, 49-year-old Dambudzo Chauruka can no longer afford to buy bread despite working as a civil servant in Zimbabwe. Read more »
August 17, 2022
Africa: Global Public Investment - Time to Build the Movement Now
Global Public Investment. A short and simple phrase. But one that means so much. Read more »
August 16, 2022
Africa: A World in Crisis Needs Both Trade and Aid
We are in the toughest period the world economy has faced since the creation of the multilateral system more than three-quarters of a century ago. A quadruple shock of COVID,… Read more »
Africa: Stagflation - From Tragedy to Farce
Half a century after the 1970s' stagflation, economies are slowing, even contracting, as prices rise again. Thus, the World Bank warns, "Surging energy and food prices heighten the… Read more »