The Indian response to the Covid-19 pandemic could serve as a blueprint for economic recovery for the African continent, says Cheryl Buss, CEO of Absa International
Economy
Africa’s economic growth slows due to high inflation
Africa’s economic growth is slowing as countries continue to contend with rising inflation, hindering the progress on poverty reduction
PIC leads infrastructure investment via AFC
The Public Investment Corporation (PIC), which has more than US$150bn in assets under management, has planned an inaugural investment in the Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider
Zambia takes progressive steps to meet long-term financial needs
A statement by the Creditor Committee for Zambia has been welcomed by the IMF and the World Bank as an important step towards reducing Zambia’s debt
AfDB to boost Kenya’s economic recovery
The board of directors of the African Development Bank Group (AfDB) has approved a EU€89mn (approx. US$90mn) loan to bolster the economic recovery of Kenya