Economy

US$500bn African retail industry set to benefit from SGI Dubai 2020

Africa retail showAfrica’s growing youth population, rapid urbanisation and the increased purchasing power of these consumers, are major factors that are driving this massive US$500bn retail ecosystem

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IMF staff completes review mission to Cabo Verde

cabo verde 17 DecAn International Monetary Fund (IMF) staff team led by Malangu Kabedi-Mbuyi visited Praia and Boa Vista from 3-16 December to hold discussions on the first review under Cabo Verde’s programme supported by the Policy Coordination Instrument (PCI)

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Validating African Continental Free Trade Area (AfCFTA) Business Index

AfCFTA 11 decOver the course of two days, Pan-African Trade experts will meet to validate the methodology to produce the African Continental Free Trade Area (AfCFTA) Country Business Index at the United Nations Conference Centre in Addis Ababa

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ADF-15 replenishment: Donors commit US$7.6bn to support Africa’s low-income countries

Nina StockDonors of the African Development Fund (ADF) greed to commit US$7.6bn to speed up growth in Africa’s poorest nations and help lift millions out of poverty

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Africa hopes for a better year despite precarious global outlook

P17 table 1foruseOverall, growth in sub-Saharan Africa (SSA), home to over 1 billion people remains at below potential in recent years because of continued external headwinds and climate shocks, such as droughts, cyclones and heavy rainfalls coupled with security tensions and slower pace of domestic reforms in some countries

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