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
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.
Arriving in Benin, you will certainly notice all the cans and fuel bottles sold on every street corner. This fuel, 30% cheaper than its counterpart in official gas stations, represents more than 80% of the fuel market in the country. This smuggled gas called "kpayo" (literally "not original" in the local Goun language) is imported illegally from neighbouring Nigeria, where fuel is heavily subsidized.
2014 has been crucial to creating momentum for a climate change agenda. More than half a million people took to the streets for unified climate action at the New York People’s Climate March, while policy-makers concurrently discussed the challenge of a changing climate at the United Nations Climate Summit.