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

Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans, have also contributed to rising prices.

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.

The theme of the 2022 African Economic Outlook is Supporting Climate Resilience and a Just Energy Transition in Africa. Despite having 17% of the current global population, Africa has accounted for a negligible 3% of cumulative worldwide CO2 emissions historically.

The war in Ukraine has triggered a costly humanitarian crisis that demands a peaceful resolution. At the same time, economic damage from the conflict will contribute to a significant slowdown in global growth in 2022 and add to inflation.

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.

The disruptions caused by the COVID-19 pandemic pushed an estimated 55 million Africans into extreme poverty in 2020 and reversed more than two decades of progress in poverty reduction on the continent. This is according to the Economic Report on Africa 2021(ERA2021).