OPINION/EDITORIAL

Moribund Ajaokuta Steel Company: Revival Still a Far Way Off

April 4, 2022/CSL Research Last week, the Minister of Mines & Steel Development, Olamilekan Adegbite, indicated that the impact of Covid-19 coupled with the ongoing Russia-Ukraine war has taken a toll on fixing the Ajaokuta Steel Company project, initially meant to be completed in 2022. The Russian-Ukraine crisis began shortly […]

How Africa Can Navigate Growing Monetary Policy Challenges

(PHOTO: SWISSHIPPO/ISTOCK BY GETTY IMAGES) April 4, 2022/IMFBlog By Tobias Adrian, Gaston Gelos, and David Hofman Sub-Saharan African countries face important monetary policy challenges. The pandemic dented economic growth, and even now the recovery is likely to leave output below the pre-crisis trend this year. Several countries in the region have also seen […]

AfCFTA: One Year after, not Much to Show

April 1, 2022/CSL Research Based on a Business Day report, prolonged documentation and protectionist policies are among the major challenges hampering the implementation of the African Continental Free Trade Agreement (AfCFTA) in Nigeria. One year after AfCFTA was operationalized, not a single trade has been done. Some news reports note […]