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.
Global goods trade on track for gradual recovery despite lingering downside risks
Stories & Blogs WHOOct 11, 2024(News )Global goods trade is projected to post a 2.7% increase in 2024, up slightly from the previous estimate of 2.6%, WTO economists said in an updated forecast on 10 October.
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.