economy

African economies to remain resilient despite financial headwinds — AfDB report

Despite the tightening global financial conditions, African economies are expected to remain resilient with a stable outlook in 2023-2024, according to a report by the African Development Bank (AfDB) that however urges bold policy actions to mobilize and leverage private financing for development in the continent. Africa’s average GDP growth is projected to stabilize at […]

Senegal: legislative poll a test for ruling party’s influence ahead of 2024 vote

As polls have closed in Senegal’s parliamentary elections Sunday, both the ruling and the opposition parties claimed victory Monday as provisional vote tallies came in. Former Prime Minister Aminata Toure, who heads the ruling coalition, announced on national television that the party had won 30 out of 46 administrative departments. “This undoubtedly gives us a […]

Zimbabwe at crossroads: stakes will be high in country’s upcoming elections

When six million registered Zimbabwean voters go to the polls this Wednesday (23 August), they will choose the country’s next president from a dozen candidates, who are expected to tackle multiple issues at stake including Zimbabwe’s long-running economic woes. While a dozen candidates are vying for the presidency, the main contest is between incumbent Emmerson […]