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

AFC has a proven track record of developing key transformational projects on the continent. (Image source: Adobe Stock)
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

In 2021, Zambia’s per capita income declined to US$1,040 and the country was re-classified as low-income for the first time since 2011. (Image source: Adobe Stock)
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

CERSP is taking place in tandem with similar operations by the World Bank and the International Monetary Fund. (Image source: Adobe Stock)
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