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Scaling Up Local Currency Lending: A Strategic Imperative for Africa

Stories & Blogs OSAANov 19, 2024(News )

Over 70 per cent of Africa’s debt increase in 2023 was due to currency depreciation, making external debt costlier to service and endangering financial stability.

Africa’s Economic Sovereignty: The time is now for African-Led Solutions

Stories & Blogs Africa RenewalMay 24, 2024(Article )

We need to gradually divest from systems that extract value from Africa and invest in systems that cultivate Africa and propel it towards a future where it is truly sovereign

African economies to grow modestly in 2024 amidst high borrowing costs, geopolitical instability and climate change impacts, according to UN flagship economic report

Stories & Blogs UNJan 04, 2024(Press Release )

Slower global growth, tightening monetary conditions and elevated inflation weigh on growth outlook and sustainable development.