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The East Africa Quarterly Bulletin is produced by country economists of the African Development Bank Group’s (AfDB) East Africa Regional Resource Center (EARC). The publication covers all five member states of the East African Community (EAC) as well as the Seychelles. It is part of the AfDB’s...
This first edition of the quarterly thematic review of the Regional Department - Centre (ORCE) is devoted to the issue of private investment in countries of the Economic Community of Central African States (ECCAS). Central Africa is one of Africa's richest regions in terms of its considerable...
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Global growth decelerated in the second quarter of 2012 to its slowest rate since the end of 2009. In the U.S., GDP growth slowed to 0.4% in the second quarter while in Japan, the revised figure shows growth for the second quarter at a sluggish 0.2%. The downturn has been led by the continuing...
Capital markets in North Africa have a long history but have been marginal to the region’s development. For the private sector to expand and flourish there is strong evidence which shows that the ability to raise equity finance is indispensable. However this investigation reveals the limited...
The acceleration of growth and job creation is a major challenge for North African Countries (NAC) which are witnessing a sharp increase in their labour force. The dominance of the textile/clothing sector and of sub-contracting in the automobile sector within the Maghreb’s industrial fabric, as...
This paper investigates the effects of contractionary monetary policy and exchange rate appreciation shocks on the South African trade balance using vector autoregressions (VARs). We identify the dominant channel between income and expenditure switching through, which monetary policy impact the...
With over half a billion people on the continent lacking access to electricity, Africa is faced with the challenge of generating more power to meet existing and future demand. For many countries, an opportunity exists to do so in a clean and sustainable manner. The continent is well endowed with...