The 2022 borrowing programme of the African Development Bank (AfDB) has been approved by the board of directors for up to US$10bn to be raised from the capital markets
Economy
IMF staff completes mission for the first review of extended fund facility for Gabon
The Gabonese authorities and IMF staff made significant progress in discussions on the actions needed to complete the first review supported by the Extended Fund Facility (EFF), and on economic policies and structural reforms that could form the basis for the programme in 2022
Ghana is eighth biggest economy in Africa: World Bank
Among the African countries with the highest GDP over time, Ghana has been ranked as the eighth biggest economy in Africa, according to the World Bank’s report
Imperial: Examining AfCFTA to strengthen economic growth
Imperial has launched a feature that delves into the African Continental Free Trade Area Agreement (AfCFTA) and its goal of seamless trade, travel and transport and a single African passport for all African Union member nations
OBG: Africa experiences fragile growth across 2021
Oxford Business Group (OBG) have released a review of 2021 for Africa noting that while the continent saw growth across the year, its recovery remains fragile