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"IMF-Africa: is it different this time? (3/5) Faced with the Covid-19 crisis, the multilateral institution has provided noticeable support to ... African countries that were long critical of it. The question now arises as to its fiscal dogmatism and whether it is taking the climate issue into account.
Africa is one of the regions that will carry an immense burden in the quest for net-zero emissions by 2050 as pushed at the COP26 climate summit. ... Despite the influx of enquiries, Africa’s share of green or ESG-themed transactions is less than 1%, Bank of America’s Natalie Mordi-Hillaert reveals.
Stresses in the Chinese property sector culminating in the default of the country’s largest real-estate developer Evergrande cloud the outlook ... for African sovereign debt in 2022, Renaissance Capital’s global chief economist Charles Robertson told a briefing on 16 December.
Egyptian authorities are counting on a cluster of recent discoveries and the inauguration of new and refurbished archeological sites and museums ... to revitalise a tourism sector that has been under duress ever since the 2011 Arab Spring revolution.