Africa's Regional Economic Outlook: Restarting the Growth Engine
Economic growth in Sub-Saharan Africa slowed significantly in 2016—with average growth rates the lowest in two decades—in large part due to low commodity prices, a sluggish global economy, climate shocks, and insecurity. The IMF’s Regional Economic Outlook for Sub-Saharan Africa examines the prospe…
Why vaccine inequality is leading to lopsided economic recovery | Counting the Cost
From Tunisia to South Africa, the pandemic has reopened or exposed existing economic and political challenges.
Failures to tackle unemployment, debt, rising poverty and inequalities are leading to social unrest, with no end to the health crisis in sight. As the third wave takes a grip across Afric…
Bitcoin Not A Solution To Africa’s Economic Problems
The International Monetary Fund warned that Bitcoin is not a cure-all for Africa’s economic woes after the Central African Republic adopted the cryptocurrency as legal tender. The head of the IMF’s African Department, Abebe Aemro Selassie, says that a robust payment system with financial transparen…
How Global Economic Turmoil is Affecting Africa - October 19, 2022
On this edition of Straight Talk Africa, host Haydé Adams explores how global economic turmoil is affecting the African continent. Guests include Abebe Aemro Selassie, director of the African Department at the International Monetary Fund, Joel Kibazo, an Africa consultant, VOA producer and reporter…
Abebe Aemro Selassie and Ken Opalo on Making Reforms Stick in Africa
As global economic uncertainty surges, Sub-Saharan Africa faces a host of challenges that will require effective policy responses if it is to regain the ground it lost during the pandemic. But what does it take to design and implement successful policy reforms? In this podcast, IMF African Departme…
Nicolas Kazadi on DRC's Natural Wealth and the Energy Transition
The Democratic Republic of the Congo faces many challenges to its development, but the country's natural wealth has the potential to lift more people out of poverty and help the world make the transition to renewable energy. In this podcast, IMF African Department head Abebe Aemro Selassie sits dow…
Benefits of Diversified African Economies & Sub-Saharan Africa's Economic Outlook - November 29, 2023
On this episode of Straight Talk Africa, we take an in-depth look at Africa’s economy, where in the last 10 years the debt ratio has almost doubled in sub-Saharan Africa. According to the International Monetary Fund, IMF, as many as eight African countries require debt restructuring to “overcome a …
2nd Tranche of IMF Deal
The IMF has said that it is important for Ghana to stick to the IMF – support programme being implemented over the next three years. Addressing the press in Washington, DC, on February 5, 2024, the Director of African Regional Department at the IMF, Abebe Aemro Selassie said it is really important …
Economic Challenges in Sub-Saharan Africa - May 15, 2024
In this edition of Straight Talk Africa Abebe Aemro Selassie, director of the African Department of the International Monetary Fund, talks about the latest economic outlook for sub-Saharan Africa. Host
Vincent Makori discussed economic policies on the Continent with Frannie Léautier CEO of SouthBr…
Nigeria Bank Governor Olayemi Cardoso: Regaining Stability and Trust
Nigeria's new administration has set out on an ambitious reform path to stabilize its currency, regain market confidence, and tame inflation. In this podcast, Governor Olayemi Cardoso and IMF Africa Department head, Abebe Aemro Selassie discuss the role of Nigeria's central bank in restoring macroe…
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