Somalia
EBRD 2023: Bank to expand into the whole of Africa plus Iraq
The first investments are due to begin in six counties in sub-Saharan Africa in 2025.
ING: World trade to see big shifts and weaker growth in 2023
World trade has been falling, but we still expect growth to return this year. We do notice large shifts in world trade as advanced economies – especially the US – are diversifying input sourcing.
ING: IMF remains cautious on world economic outlook
Amid a downgrade to the IMF’s global growth forecast, EM sovereigns should remain resilient with areas of relative growth outperformance, easing pressure on commodity importers and fiscal reform momentum.
IMF: Volatile commodity prices reduce growth and amplify swings in inflation
Food and energy prices surged to near historic highs in recent years amid the pandemic and the war in Ukraine, which prompted major supply disruptions. This was accompanied by a sharp rise in the volatility of commodity prices as well.
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Putin woos 40 Africa lawmakers at Moscow conference with promises of money, nuclear power, arms and free grain
Putin took time out from meetings with Chinese President Xi Jinping who had just arrived in Moscow for a three-day state visit to speak to lawmakers from more than 40 African countries and woo them with generous promises of economic and military aid
