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

  • May 23, 2023
    يزخر المغرب بتراث ثقافي جعله يتبوأ بأعلى المراتب على الصعيد الإفريقي من حيث عدد التسجيلات الثقافية على قائمة اليونسكو للتراث العالمي، وهو الشيء الذي مكن المغرب من إطلاق مجموعة من المشاريع ...
  • Authors
    May 22, 2023
    The current banking crisis in the United States began with the Silicon Valley Bank (SVB) run in March 2023 and was followed by other bank failures, raising concerns about the health and stability of the financial sector. This Policy Paper traces the root causes of these bank failures and examines the U.S. monetary policy decisions during this period. These bank failures were caused by the poor risk management practices of the failed banks, the sector’s weak regulatory structure, and ...
  • Authors
    May 19, 2023
    Earlier this month, U.S. Treasury Secretary Janet Yellen told congressional leaders that the government could run out of cash as early as June 1, if the debt ceiling is not raised in time. In January, the Treasury reached the current legally established ceiling in nominal terms ($31.46 trillion). The funds currently available to make government payment flows tend to exhaust by the end of this month. According to the Treasury Department: “Failing to increase the debt limit would ha ...
  • May 19, 2023
    This Policy Paper was originally published on freiheit.org This study explores how Morocco can successfully develop a green hydrogen market and at the same time contribute to the global energy transition. Authors Rim Berahab and Afaf Zarkik show how Morocco’s bold strategies and investments in renewables can shape a promising future for green hydrogen. They chart a path to decipher the potential of this energy vector, while outlining the elements necessary for the emergence of a g ...
  • May 18, 2023
    Le Policy Center for the New South (PCNS) et le Fonds Monétaire International (FMI) ont organisé, le 28 avril, à Rabat, une table ronde d'experts sur le thème "Fighting Inflation and Building Resilience : the Outlook for MENA and Morocco". Au niveau international, la lutte contre l’inflation constitue la principale préoccupation des politiques économiques dans la majorité des pays. La détection des risques inflationnistes a pris du retard après la crise sanitaire parce que les aut ...
  • Authors
    Abdelmonim AMACHRAA
    May 17, 2023
    Nothing better illustrates the positive contribution of the integration of national economies into global value chains than the fact that in the 1990s, the automotive sector barely existed in Morocco. Now, it is the leading export sector, with a production and assembly capacity of 700,000 vehicles, making it an attractive and competitive hub linking Africa and Europe in the automotive value chain. However, the automotive industry is on the cusp of change, with advances in electric a ...
  • May 16, 2023
    يزخر المغرب بتراث ثقافي جعله يتبوأ بأعلى المراتب على الصعيد الإفريقي من حيث عدد التسجيلات الثقافية على قائمة اليونسكو للتراث العالمي، وهو الشيء الذي مكن المغرب من إطلاق مجموعة من المشاريع والمبادرات المؤطـرة التي يتم دعمها وطنيا ودوليا. وعلى الرغم من هذه الدينامية الإيجابية التي مكنت من...
  • Authors
    May 15, 2023
    In the face of oil production cuts by Saudi Arabia and some OPEC members, the energy supply is shrinking again. This is in response to fears of an impending recession, higher inventories in some key countries, and an attempt to keep prices at a certain level. Turning to renewables is now essential to reduce dependence and increase resilience to energy insecurity, while non-renewable energy sources continue to show signs of unpredictability and harmful dependence. Economic outlooks v ...