Ghana has enjoyed two decades of steady growth, but the impact of the Covid-19 pandemic and the Ukraine-Russia crisis could dent economic prospects, according to an African Development Bank report.

The COVID-19 pandemic has caused a global economic recession. As the COVID-19 pandemic spread to every part of the world, governments released policies to restrict people`s socio-economic activities to limit the spread of COVID-19.

Compounding the damage from the COVID-19 pandemic, the Russian invasion of Ukraine has magnified the slowdown in the global economy, which is entering what could become a protracted period of feeble growth and elevated inflation, according to the World Bank’s latest Global Economic Prospects report.

Investment is an important driver of economic growth with important implications for debt sustainability. Investment efficiency gaps adversely impact debt sustainability in Africa.

The 8th edition of the Mozambique Economic Update (MEU): Getting Agricultural Support Right focuses its analysis on the potential offered by agriculture to promote a sustainable and more inclusive recovery, and outlines reform options to realign agricultural support policies to achieve competitiveness, climate resilience and food security object

The Macro Poverty Outlook (MPO) analyzes macroeconomic and poverty developments in 47 developing countries in Sub-Saharan Africa. The report is released twice annually for the Spring and Annual Meetings of the World Bank Group and the International Monetary Fund.

The Coronavirus (COVID-19) pandemic has set back the economy and fiscal balances of Sierra Leone, which are now further impacted by the war in Ukraine. Real gross domestic product (GDP) growth turned negative in 2020, while the government’s efforts to reduce the fiscal deficit were undermined by the need for emergency spending.

Kenya managed to contain the health and economic impacts of multiple Coronavirus (COVID-19) waves in 2021, helped by targeted containment measures and progress on vaccination, but is now facing a potentially large economic shock from the war in Ukraine.

Africa’s Development Dynamics uses lessons from Central, East, North, Southern and West Africa to develop policy recommendations and share good practices.

Employment in countries in the Middle East and North Africa (MENA) has grown one percent per year on average within private sector firms, which is much lower than the five percent average among other middle-income peers. In addition, the female labor force participation rate of 20% is the lowest in the world.