Kenya’s economic performance strengthened in 2023 despite continued challenges, with real GDP growth accelerating from 4.8% in 2022 to an estimated 5% in 2023.

The renewables readiness assessment (RRA) for Burkina Faso identifies several drivers for the country to accelerate its energy transition. The renewable energy sector of Burkina Faso is considered to be a strategic priority for international co-operation and investment, for several reasons.

Since the discovery of large offshore oil and gas reserves in 2014, Senegal has set its hopes on fossil fuel export revenue to help fund its plans to become an emerging economy by 2035.

The Road Safety Annual Report 2023 provides an overview of road safety performance for the 43 countries participating in the International Transport Forum’s permanent working group on road safety, known as the IRTAD Group.

Gender gaps in Togo cut across many dimensions. Inequality starts in childhood, when girls are disadvantaged in access to schooling because of prevalent social norms and gender roles.

An analysis of climate finance flows in Ghana shows that an annual average of USD 830 million was tracked in 2019 and 2020. This is a meagre 5-9% of its required investment — estimated between USD 9.3-15.5 billion — highlighting the pressing need to bolster climate finance to achieve Ghana’s NDCs (UNFCCC, 2021).

Climate-induced disasters are causing increasingly frequent and intense economic damages, disproportionally affecting emerging markets and developing economies (EMDEs) relative to advanced economies (AEs). However, the impact of various types of climate shocks on output growth and fiscal positions of EMDEs is not fully understood.

Research on migration and urban development in Africa has primarily focused on larger cities and rural-to-urban migration. However, 97 percent of Africa’s urban centers have fewer than 300,000 inhabitants, and a sizable share of urban migrants come from other urban areas.

The Government of Nigeria avoided a fiscal cliff by implementing bold reforms, including ending the gasoline (premium motor spirit, PMS) subsidy, and shifting to a unified, market-reflective foreign exchange (FX) rate. These essential reforms entail painful adjustments.

Developing countries spent a record $443.5 billion to service their external public and publicly guaranteed debt in 2022. These costs shifted scarce resources away from health, education, environment and other critical areas, the World Bank’s latest International Debt Report showed.

Pages