Economy

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...

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...

Kenyans stand to lose from Adani airport deal: finance guru explains why

Odongo Kodongo, University of the Witwatersrand - The proposal submitted early this year by Indian conglomerate Adani Group to Kenya Airports Authority to develop...

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 African country relies heavily on agriculture, yet faces persistent hurdles that have constrained consistent growth. Agriculture...

Algeria’s Energy Crossroads: Balancing Oil Wealth with a Shifting Global Market

In the sunbaked expanses of the Sahara, pipelines stretch across the horizon like metallic veins, channeling the oil and gas that have long sustained Algeria’s economy. For decades, this North African nation has ranked among the world’s significant energy exporters, its fortunes tied closely to the ebb and flow of global petroleum markets. Now, amid mounting environmental pressures and volatile prices, Algeria faces the difficult task of charting a future that preserves its energy...

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...

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...

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,...