Africafé: Evolving economic trends and the impact on African economies

September 29, 2022

In this episode, Otaviano Canuto talks about a perfect storm coming towards African economies. With inflation soaring and global uncertainty looming from a world economic perspective, Otaviano Canuto shares his thoughts on the crisis and his recommendations to mitigate the adverse effects of the crisis on the African continent.
 

Speakers
Otaviano Canuto
Senior Fellow
Senior Fellow at the Policy Center for the New South, Affiliate Professor at Mohammed VI Polytechnic University and Non-Resident Senior Fellow at Brookings Institute. Former Vice President and Executive Director at the World Bank, Executive Director at the International Monetary Fund (IMF) and Vice President at the Inter-American Development Bank. ...
Youssef Tobi
International Relations Specialist
Tobi Youssef has joined the Policy Center for the New South in 2017. He is currently working on Politics and Governance in the Maghreb Region; his areas of expertise are geopolitics, political risk and nation building. Youssef Tobi obtained a Master Degree at Sciences Po Lyon  where he wrote two thesis on “ the role of Moroccan Bank in Africa, a non-state actor in service of the Diplomacy”  and the“ Chasm between the mediatic and associative representation of refugees : a case study”.  Prior to working at the Think tank, Tobi Youssef participated in a Social Entrepreneurship Project in Beirut, Lebanon and conducted an internship in a NGO based in Marseille where he assisted refugees and helped raise funds. ...

RELATED CONTENT

  • December 14, 2022
    After decades of economic integration, the world seems to be fragmenting again, epitomized best, perhaps, by the return of geopolitics, protectionism, unilateral sanctions, treaty withdrawals, and even military and economic coercions. The war in Ukraine seemed to further deepen this imp...
  • December 14, 2022
    movement, the "Indignados", the social riots in some Latin American countries, the so-called “Arab Spring”, to the more recent “Gilets Jaunes” or “Antivax”, the world registered a clear increase in dissents since the financial crisis (2007-08). These social movements have clearly demons...
  • December 14, 2022
    Since 2020, the international community has been witnessing seismic changes in several spheres. COVID-19 has disrupted global production and its supply chains. The war in Ukraine has sparked an energy crisis, induced food insecurity, resulting in acute effects for the most vulnerable. T...
  • Authors
    December 9, 2022
    The global wave of democratic retrenchment has not spared North Africa as seen in the cases of Tunisia and Sudan, where democratic transitions have stalled or regressed into autocracy. How do to explain Tunisia and Sudan’s troubled transitions from authoritarian rule? Both states are attempting to transition from single-party authoritarianism. In both cases, economic crises exacerbated by COVID, the Russian-Ukraine war, and involvement by external actors stymied the fragile transiti ...
  • Authors
    Amr Abdelrahim
    December 9, 2022
    Depuis quelques années, l’activisme accru de la politique étrangère égyptienne – dans son voisinage africain, méditerranéen et moyen- oriental – donne l’impression du retour d’une puissance régionale dont l’influence s’est pourtant essoufflée à la fin des années 1960. L’avènement du président Abdel Fattah Al-Sissi marque une rupture avec la « diplomatie réactive » de l’ère Moubarak. Cependant, le pays ne dispose simplement plus de ressources militaires, économiques et ...
  • December 8, 2022
    Cette étude concerne 33 États du continent africain où, en 2022, le % des détenteurs de cryptomonnaies de chaque pays, par rapport à sa population est au minimum de 1 %. À eux seuls, trois parmi ce groupe de pays, que sont l’Afrique du Sud, le Kenya et le Nigeria, totalisent plus de 333 millions de personnes, avec des pourcentages de leurs détenteurs de cryptomonnaies proches compris entre plus de 12 % en Afrique du Sud, plus de 11 % au Kenya et plus de 10 % au Nigeria. À l' ...
  • December 6, 2022
    ينص الفصل 16 من الدستور التزام المغرب بحماية حقوق ومصالح أفراد الجالية المغربية من خلال إعادة التأكيد على إرادة البلاد في الحفاظ على الروابط الإنسانية لأفراد الجالية مع المملكة وتطوير هذه الروابط، وكذلك تعزيز مساهمتهم في تنمية المغرب. إذ تشكل الجالية المغربية المقيمة بالخارج جزء لا يتجز...
  • Authors
    December 2, 2022
    One aim of COP27 was to persuade countries to make commitments to reduce emissions and earmark resources for technologies to be transferred from industrialized states to less developed states. Hovering over the COP27 was the reluctance of wealthy states to live up to their 2009 commitment to provide $100 billion to poor countries, financial assistance for adaptation (as opposed to just mitigation projects), and more compensation for what the Paris Agreement termed “loss and damage,” ...