February 28, 2020/United Capital Report Analysis of Pan African foreign exchange condition showed that the performance was mixed in 2019. Over the review period, local currencies in Egypt (+11.7%), Tunisia (+7.7%), South Africa (+2.4%) and Kenya (+0.4%) strengthened, against the US dollar, thanks increased Foreign Portfolio Investment (FPI) inflows. […]

February 27, 2020/IMFBlog By Era Dabla-Norris , Carlo Pizzinelli, and Jay Rappaport Will I do as well as my parents? A positive answer to this question once seemed a foregone conclusion; now, for recent generations, less so. Despite being more educated than their parents, millennials—those born between 1980 and 2000—may […]

February 26, 2020/IMFBlog By David Lipton Across sub-Saharan Africa, a visit to a school offers both a vision of hope for the future, and a reminder of the difficulties in attaining that vision. My recent visit to Sierra Leone and Niger brought this duality into sharp focus. In Sierra Leone, […]