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World Bank, IMF Sounds Warning on Africa's Economies

The World Bank has told developing countries to prepare for shocks that could be more severe than the global economic crisis of 2008.

Fresh fruit and veg on sale at Nairobi City Market.

Ploughing the fields in Uganda.

Africa: Euro Crisis - World Bank Warns Developing Nations

Vanguard, 18 January 2012

As Euro area debt problems and weakening growth in several big emerging economies are dimming global growth prospects, the World Bank, WB, in its latest Global Economic Prospects… Read more »
Uganda: World Bank Warns of More Severe Economic Shocks in 2012

Monitor, 19 January 2012

The World Bank has told developing countries to prepare for shocks that could be more severe than the 2008 crisis, warning of a possible slump in global economic growth. Read more »
Rwanda: IMF Predicts Lower Economic Growth in 2012

Focus, 16 January 2012

After defying global economic hardships to post impressive growth in 2011, Rwanda's economic growth will be lower this year largely due to external factors, the International… Read more »
Kenya: IMF Pushes for More Investments to Spur Growth

Business Daily, 18 January 2012

Sustained funding of social and investment projects will help spur growth despite the tough economic conditions that Kenya is facing, the International Monetary Fund (IMF) said on… Read more »

InFocus

IMF Chief Undertakes Maiden Visit to Africa

IMF chief Christine Largarde's visit to Africa will see emphasis placed on developing the financial sector on the continent. Read more »
- Africa: Lagarde Says IMF Almost Certain to Cut 2012 Growth Forecast
- Nigeria: IMF Chief Calls For Policies to Shield African Economies
IMF Regional Outlook: Sub-Saharan Africa 2011

This year looks set to be another encouraging one for most sub-Saharan African economies. Reflecting mainly strong domestic demand but also elevated commodity prices, the regions ... Read more »
- Africa: IMF Sees Growth for African Economies
- Africa: Africa Set for Steady Growth, With Threat of Faster Inflation