economic transformation
Renewable energy
Wind sector a key building block for economic recovery
The wind sector is a key building block for economic recovery from the impact of COVID-19, which will enable governments to renew critical infrastructure for a sustainable future.
Generation
Op-Ed: Energy poverty is the largest limiting factor to economic growth
Energy poverty is the largest limiting factor to economic growth facing the developing world today, writes Anthonie Cilliers.
Finance and Policy
Kenya’s economic update amid COVID-19 disruption
Kenya’s gross domestic product is projected to decelerate substantially in 2020 due to the negative impact of the COVID-19 pandemic.
Finance and Policy
Ramaphosa outlines a plan to stabilise the economy beyond COVID-19
President Cyril Ramaphosa announced a social relief and economic support package of R500 billion to mitigate against the blow of COVID-19 in the country.
Business and markets
Op-Ed: ‘Team Africa’ can unlock African supply chains
The current COVID-19 related economic challenges highlight the need for Team Africa to support local supply chains to boost economic activity on the continent.
Business and markets
Ripple effects of COVID-19 on China’s plan to link continents
A new report shows that the ripple effects of COVID-19 are affecting the nature, pace and scope of China’s Belt and Road Initiative activity in Africa.
Business and markets
Op-Ed: Chemical and oil companies to slash capex to preserve cash
Due to COVID-19 and collapse in crude oil prices, chemical, oil and gas, and midstream companies will all slash capex for growth projects to preserve cash.
Business and markets
“Nobody eats GDP” says Adesina while gauging Africa’s economies
AfDB's President, Akinwumi Adesina, says economic "growth must be visible. Growth must be equitable. Growth must be felt in the lives of people."
Business and markets
African Economic Outlook indicates steady growth through 2021
AfDB's 2020 African Economic Outlook shows that growth remained stable in 2019 at 3.4% and is on course to pick up to 3.9% in 2020, and 4.1% in 2021.
Finance and Policy
Loan to relieve funding constraints in the private sector in Egypt
An AfDB Senior Loan worth $22 million will help provide alternative financing through leases to address funding constraints in the private sector in Egypt.
