The CPIA is a system designed to assess the quality of a country’s present policy and institutional framework, in terms of how conducive such a framework is to ensuring the efficient utilization of scarce development resources in the pursuit of sustainable and poverty reducing development in the...

Gold and platinum prices declined signifi cantly during the month of December 2012. Gold prices dropped from USD 1,735 per ounce to USD 1,663 per ounce while platinum prices dropped from USD 1,585 per ounce to USD 1,549 per ounce (Table 1). The main likely cause of the decline in prices was the...

While negotiators in Doha went some way toward recognizing countries' differentiated needs in Africa and elsewhere who face tremendous obstacles to climate-smart development, it remains up to us to stay vigilant to ensure they receive the funding, knowledge and capacity they need to move along the...

After experiencing stable economic growth averaging 7.1% from 2006 to 2010; real GDP growth slowed to 4.3% in 2011. The high growth levels between 2006 and 2010 emanated from pro-growth policy reforms and programs implemented by the Government, as well as the Heavily Indebted Poor Countries (HIPC)...

This study was prepared by a team of the AfDB staff, and external consultants under the overall management of Jian Zhang, Principal Macroeconomist, AfDB and Task Manager, and Ibrahim Abdullahi Zeidy, Senior Financial Economist, COMESA Secretariat and Co-Task Manager. Moono Mupotola, ONRI2 Division...

The gold price exhibited a fl uctuating trend throughout the month of November. The downward movements were as a result of the depreciation of the Indian rupee, which may have curbed the demand for gold in India, one of the leading importers of gold; and the depreciation of several currencies...

This Country Strategy Paper (CSP) proposes a strategy for supporting Nigeria’s development efforts over the period 2012-2016 and is anchored on creating a sound policy environment and investing in critical infrastructure. This strategy is aligned with the long-term development agenda of the new...

In October, gold prices lost the upward momentum recorded since June 2012. The prices fell from US$1,779 per ounce at the end of September to US$1,710 per ounce on the 26th October (Table 1). This was the worst performing month for gold since May 2012. The poor performance was mostly as a result of...

Economic activity in Southern Africa was subdued during the second quarter of 2012, though progress remained on course for the region to attain an end-of-year real gross domestic product (GDP) growth rate of 4.0 percent. Lackluster performance in South Africa adversely affected other countries,...