Economy

The Port of Cotonou – Benin’s Gateway to Economic Power in West Africa

The Port of Cotonou — The Gateway To Economic Power For Benin In West Africa In terms of economics, realizing what the Port of Cotonou means can make you see West Africa’s commercial territory in another...

Bitter Harvest: Cocoa Farmers in Côte d’Ivoire Confront Falling Prices

In the humid lowlands of Côte d’Ivoire, the scent of fermenting cocoa beans hangs in the air, mingling with the earthy aroma of freshly turned soil. Under the shade of towering cacao trees,...

Bitter Harvest: Cocoa Farmers in Côte d’Ivoire Confront Falling Prices

In the humid lowlands of Côte d’Ivoire, the scent of fermenting cocoa beans hangs in the air, mingling with the earthy aroma of freshly turned soil. Under the shade of towering cacao trees, farmers move with deliberate precision, splitting pods to reveal the pale, sticky beans within—a process honed over generations. Yet behind this timeless ritual, a growing unease is taking root. Global cocoa prices have been sliding, and for the smallholder farmers who produce much of the world’s supply, the decline threatens more than just profits. Côte d’Ivoire, alongside Ghana, accounts for over 60 percent of global cocoa production, and the livelihoods of millions are intertwined with the volatile...

Angola’s Oil Era Gives Way to a Bid for Sustainable Growth

From the deepwater rigs of the Atlantic to the farmlands of Huíla, a nation redefines its economic future. By Robert Stales Offshore in the South Atlantic,...

Benin’s Measured Ascent: How a West African Nation Is Building Its Economic Future

By Robert Stales In the narrow, bustling streets of Cotonou, container trucks rumble toward the port while roadside vendors balance baskets of fresh produce on their heads. Farther inland, fields of cotton stretch to the...

Angola’s Economic Crossroads: Reform, Resilience, and the Road Ahead

By Robert Stales In the wake of decades defined by oil wealth and its volatile cycles, Angola is attempting one of the most ambitious economic recalibrations on the African continent. The nation—once tethered almost entirely to petroleum exports—is now engaged in a sweeping effort to restructure its economy, diversify industries, and strengthen the foundations for long-term stability. The urgency for reform stems from a familiar vulnerability: oil accounts for more than 90 percent of Angola’s export...

Cabo Verde Takes Strategic Steps to Strengthen Fiscal Sustainability and Create Fiscal Space

PRAIA  – The Government of Cabo Verde (GoCV) is undertaking a series of reforms to strengthen fiscal sustainability and accelerate inclusive economic growth. According to the new Public Finance Review (PFR) released today by the...

Economic Growth in Burundi — Challenges and Opportunities Ahead

In the highland nation of Burundi, economic ambition exists alongside deep-seated structural challenges. Landlocked and densely populated, the East...

The Role of Agriculture in Burundi’s Economy — From Subsistence to Sustainability

On the terraced hillsides of Burundi, morning light falls across neat rows of cassava, maize, and beans—crops that sustain not only the nation’s kitchens but much of its economy. In this small, landlocked...