The recent years of high prices for extracted resources – both before and after the global financial crisis - saw strong economic growth for a number of African countries. The apparent ending, at least for now, of the “commodity supercycle” and high minerals prices presents African policymakers with new challenges.
The purpose of this paper is to discuss some of these challenges and possible
responses with a focus on the following:
International concern is escalating, and the G20, WEF and IMF have pushed infrastructure improvement to the very top of the strategic agenda. And as public finances remain stretched following the financial crisis, there is an urgent need for new sources of funds to help narrow the gap. In this update, we examine the increasing use of project bonds in a selection of diverse regions and infrastructure markets.
Doing Business Report 2015
The Politics of high debt: Future challenges (Video)
Since our first edition of this guide in 2006, investor attention towards Africa has broadened dramatically and the continent has become an increasingly important part of EM investors’ diversified portfolios. In terms of markets, interest has broadened over this time from FX to rates and equities, and more recently to sovereign credit. Recognizing the increased focus on sovereign credit, we introduced coverage of the continent’s credit markets for the first time in the 2014 guide.
Inside: Sub-Saharan African businesses must produce more jobs to fulfill
the region’s promise
A guide on some African capital markets (Botswana, BVRM, Egypt, Ghana, Kenya, Malawi, Mauritius, Morocco, Mozambique, Namibia, Nigeria, Rwanda, South Africa, Swaziland, Tanzania, Tunisia, Uganda, Zambia, Zimbabwe).