The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more
Measuring the pulse of Economic Transformation in West Africa
West Africa is at the heart of Africa’s transformation. With a projected growth rate of 7.4 per cent in 2014, it is the fastest growing region in the continent. As many of its countries undergo a strong stabilization, emerge from conflict, or even rise to middle income status, the region begins to reap the fruits of its regional and global integration. A global demand for expert opinions and analysis is rising rapidly. Read More
In 2010, the African Development Bank’s President applauded Cabo Verde for having achieved a “policy induced graduation” into the middle-income country group against all odds, as opposed to reaching it through a drive by natural resources. From 1995 to 2007, Cabo Verde’s real GDP growth rate averaged 7.2%, while the GDP per capita grew 5.1% a year over the same period. Good governance, political stability and sound economic policies have been the key ingredients to the country’s success.
Although Public Private Partnerships (PPPs) are often hailed as one the best options for infrastructure development, there appears to be surprisingly little understanding amongst policymakers of what they actually entail. This is even more so in situations of fragility. In a recent policy paper published under the West Africa Policy Notes series of the African Development Bank, I undertook to highlight what are the advantages and pitfalls of PPPs in the context of Guinea-Bissau and provide recommendations on the best course of action for pursuing development in the country
Several policy-makers have cautioned African countries to carefully learn lessons from the Greek debt crisis. Given the importance of debt sustainability to supporting economic growth in Africa and elsewhere, this article is the second in a series of blog entries aimed at promoting debate and distilling the key lessons of the Greek crisis that are applicable in West African countries.
Several policy-makers have cautioned African countries to carefully learn lessons from the Greek debt crisis. Given the importance of debt sustainability to supporting economic growth in Africa, and elsewhere, a series of blog entries, aimed at promoting debate and distilling the key lessons of the Greek crisis that are applicable in West African countries, shall be posted in the coming weeks.
Repeated political upheavals have, in the past 40 years greatly undermined socio-economic progress and the institutions needed for gender-equitable development in Guinea-Bissau.