Ivory Coast

Where wealth is concentrated in Africa

Anna Fleck for Statista May 30, 2024

56 percent of Africa’s millionaires and over 90 percent of its billionaires lived in just five countries in 2023 - South Africa, Egypt, Nigeria, Kenya and Morocco, according to The Africa Wealth Report 2024.

IMF: Sub-Saharan Africa's growth requires quality education for growing population

Michele Fornino, Andrew Tiffin for the IMF April 26, 2024

Demographic transition may be the biggest single opportunity for the economies of sub-Saharan Africa, but countries will only be able to enjoy the dividends if they make sufficient investment in education.

IMF: Paying Africa’s Climate bill

MICHAEL OLABISI is an assistant professor at Michigan State University April 24, 2024

The world's poorest countries, especially those in Africa, are struggling to pay for a climate crisis they cannot afford.

COMMENT: Sub-Saharan Africa recovery stuck in low gear

bne IntelliNews March 28, 2024

Sub-Saharan Africa is poised for a gradual economic upturn in the coming years, buoyed by an enhanced external milieu that diminishes the risk of significant currency devaluations and sovereign defaults.

Italy's PM Meloni unveils "Mattei Plan" for African development ahead of Italy-Africa summit

Marco Cacciati January 26, 2024

Italian Prime Minister Giorgia Meloni unveiled her long-anticipated development strategy for Africa over the weekend, floating a "non-predatory" approach aimed at fostering cooperation.

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