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Africa’s 2023 economic outlook: Global headwinds to continue battering the continent
In 2023, some of Africa’s major economies are expected to suffer from the ongoing impacts of the Russia-Ukraine war, runaway food price inflation and the tailwinds of the Covid-19 pandemic that caused enormous economic disruption, but experts say that although these negative factors are likely to spill over into this new year, Kenya and Senegal […]
African Stability and Liquidity Mechanism could help avert debt crisis — study
The looming debt crisis in Africa can only be resolved with a more stable and liquidity market in African government bonds, argue Daniel Cohen, the chair of Finance for Development Lab (FDL), and Ibrahim Elbadawi, the managing director of the Economic Research Forum, in a recent policy brief. As they struggle to secure investment to […]
Tragic collapse of residential building in Cairo, 10 fatalities
A devastating building collapse in Kerdasa, a working-class district on the outskirts of Cairo, has resulted in at least 10 fatalities and left eight others injured on Monday February 17, according to reports from Egyptian state media. Authorities indicated that additional individuals may be trapped beneath the rubble, though their identities remain unknown at present. […]



