OPINION/EDITORIAL

Senegal: A West African Leader on the Rise

Senegal has demonstrated strong ambition for economic development and rapid progress towards becoming an attractive investment destination May 22, 2020/Africa Oil & Power Conference By Thomas Hedley, Field Editor Although they are located 1,800Km from each other, Côte d’Ivoire and Senegal vie for the place of economic leader in West Africa, […]

COVID-19 Worsens Pre-Existing Financial Vulnerabilities

May 22, 2020/IMFBlog By Tobias Adrian and Fabio Natalucci Much the same way COVID-19 hits people with pre-existing health conditions more strongly, so is the pandemic-triggered economic crisis exposing and worsening financial vulnerabilities that have built up during a decade of extremely low rates and volatility. Our recently released chapters […]

Currencies in Africa: S/African rand leads laggards

May 22, 2020/United Capital Report The outbreak of COVID-19 is expected to halt global growth which has maintained a positive trend over the last 10 years.  According to the IMF, the impact of the world-wide lockdown is estimated to result in 3.0% decline in global GDP as the strength of even the most […]