The 2010-2015 Senegal Country Strategy Paper (CSP) was approved by the Boards of Directors in December 2010, in a context marked by the country’s assertion of its ambition to achieve emerging economy status.

Economic Growth Egypt’s real gross domestic product (GDP) contracted sharply in Q1 of 2012/13 fiscal year, to 2.6%, year-onyear (y/y), after spiking above 5% in Q3 2011/12. Nominal GDP growth rose to Egyptian pound (EGP) 445.8 billion (bn) in Q1 2012/13, against EGP 402.1 bn in Q1 2011/12,...

Economic Growth Egypt’s economy continues to recover from the adverse shocks of the January 2011 revolution, but the speed and trajectory of the recovery is weak and uneven. Historically, from 2006 until 2010 Egypt’s average annual GDP was about 6% (Chart 1). Real GDP growth (at 2006/2007,...

Economic Growth Egypt’s real growth domestic product (GDP) at 2006/2007 (July-June) constant market prices picked up to 5.2% during the quarter ending 31 March 2012, bringing real GDP for the fiscal year 2011/12 to 2.2% (Chart 1). This outcome, close to the 2.3% growth achieved during the...

Investment in infrastructure is vital for sustained economic growth in Africa. Energy, transport, water and information technology services remain well below international standard on the continent, and this creates serious bottlenecks for African economies trying to achieve the transformational...

The prices of gold and platinum declined during the month of February. Gold, which had closed January 2013 at USD 1,670 per ounce, declined and closed February at USD 1,590 per ounce, while platinum declined to USD 1,597 per ounce after closing in January 2013 at USD 1,676 (Table 1). The Federal...

The paper proposes a new Country Strategy Paper (CSP) for the Kingdom of Lesotho for the period 2013-2017. The new CSP is aligned with the Government’s development agenda and the African Development Bank’s new Long Term Strategy (LTS) 2013-2022. Following extensive consultations with the Government...

The last Country Brief (CB) for Somalia was approved by the Boards of Directors in May 2010. It was the first Bank formal note written for Somalia in two decades, during which the country disintegrated into clan-based conflicts and geopolitical entities (Cf. Annex 2). The 2010 CB provided a...

The Government of Zambia’s (GoZ) development agenda is articulated in the National Vision 2030 and the Sixth National Development Plan (SNDP: 2011-2015). The National Vision 2030 sets the long-term vision reflecting the understanding, aspirations and determination of the people to be a “prosperous...