AFRICAFE: IMF's Regional Economic Outlook for Sub-Saharan Africa

July 25, 2024

In today's episode, we turn our focus to the economic landscape of sub-Saharan Africa, a region grappling with significant challenges and opportunities as it strives for recovery. According to the latest IMF economic outlook for sub-Saharan Africa, the region has faced diverse economic challenges in recent years, from global economic slowdowns to internal fiscal pressures. However, amidst these obstacles, signs of resilience and growth are emerging. With nearly two-thirds of its countries anticipating higher economic growth, there is optimism about the trajectory ahead. In this episode, we are honored to be joined by Dr. Abebe Aemro Selassie, Director of the African Department at the International Monetary Fund, to delve into key issues shaping the region's economic outlook. From factors driving recovery to fiscal management strategies and international support mechanisms, we explore critical questions that are shaping the future of sub-Saharan Africa's economic landscape.

Speakers
Ahmed Ouhnini
Economist, Policy Center for the New South
Ahmed Ouhnini is an Economist at the Policy Center for the New South. His research area covers agricultural economics, human and social development. Previously, he has worked as a researcher at the Paris School of Economics (PSE) and has also a record of working in consulting services in Morocco. Ahmed holds an engineering Diploma in Agriculture and Rural Development from the National School of Agriculture of Meknes and a Master’s Degree in Law, Economics and Management from the Paris 1 Pantheon Sorbonne Institute of Development. ...

RELATED CONTENT

  • Authors
    Naakoshie Mills
    December 24, 2019
    In September 2018, President Nana Akufo-Addo of Ghana, declared 2019 “The Year of Return” for African descendants’ travel to Ghana, symbolizing 400 years since the first enslaved African arrived in Jamestown, Virginia in 1619. His announcement garnered positive reactions from the African American community in the United States and served to further inculcate linkages between Africans and their Diasporan counterparts. President Akufo-Addo follows a rich history of pan-Africanism on t ...
  • December 19, 2019
    Emerging market and developing economies: Engine of the global economic growth despite some vulnerabilities1 After a long spell of slow growth post-crisis, the global economy’s recovery was mainly supported by the improvement of emerging markets and developing economies growth. However, this recovery is subject to wide-ranging uncertainties and is now in some danger. According to the IMF, the global economic growth is expected to fall to 3 % in 2019, the lowest level since 2008. Th ...
  • Authors
    Numéro spécial du cahier du plan - Volume 2
    December 18, 2019
    Lors du colloque autour du thème « Croissance économique au Maroc : théories, évidences et leçons des expériences récentes », organisé conjointement par le Haut-Commissariat au Plan (HCP) et le Policy Center for the New South et accueilli par le HCP en mai 2017 dans ses locaux à Rabat, des experts et praticiens de près de 30 institutions académiques et non académiques ont échangé et débattu de la croissance économique au Maroc dans un framework transverse alliant le théorique au pra ...
  • December 17, 2019
    Across Africa, many rural communities still depend on manual and animal power for their farm needs, whether it is for production, harvesting or postharvest activities. In fact, in sub-Saharan Africa, engine power represents a meagre 10 per cent of all energy used on farms, compared to 50 per cent in developing regions. Without access to mechanised tools and technologies, farming is a tough, laborious and time-consuming process. Farmers are often left with small harvests, low income ...
  • Authors
    December 11, 2019
    The Atlantic Current’s 6th edition provides overview, fresh insights, latest data, and broader analysis on the Atlantic space’s current challenges, as well as their implications for the South. Different chapters explore emerging trends and critical issues, such as the World Trade Organization reform, Brexit and the future of EU, the expansion of militancy in the Sahel and Coastal Africa, the role of cultural diplomacy and the deepening of Sino-African relations within a shifting an ...
  • November 29, 2019
    Questions : 1/ Est ce que le Maroc remplit les critères de l’émergence économique selon vous? 2/ Quels sont les ingrédients secrets de l’émergence ? 3/ Quels sont les défis qu'il reste à relever en matière de développement économique ? 4/ Si vous aviez une baguette magique et que vous p...
  • Authors
    Mourad El Manir
    November 25, 2019
    Le prix du meilleur roman africain de science-fiction au titre de l’année 2017 a été remporté par Tade Thompson pour son livre intitulé “Rosewater” qui aborde la lutte contre les cyber-fraudes au Nigéria en 2066. Cette référence à un roman de science-fiction n’est pas fortuite dans la mesure où le mot “cyberespace”, inspiré du mot “cybernétique”, fut utilisé, pour la première fois, en 1984, par l’auteur de romans de science-fiction William Gibson, pour désigner “Une hallucination co ...
  • Authors
    November 22, 2019
    Le rêve d’un monde en développement qui voit ses inégalités se réduire, la condition de vie de ses populations s’améliorer significativement, tout en profitant du bonheur procuré par une population jeune, reste à portée de main. Les macro-économistes ne diront certainement pas le contraire quand on soutient que la plus grande invention de Robert Mundell a sans doute été l’idée du triangle d’incompatibilité. Le concept de Mundell consiste en l’impossibilité de voir coexister de faço ...
  • November 19, 2019
    Pour le n•165 - automne 2019, Politique Internationale a interviewé Karim El Aynaoui, président du Policy Center for the New South, au sujet de la zone de libre échange continental, pour le dossier spécial « développement: les voies africaines ». Il y répond notamment aux questions suivantes : en quels termes faut-il repenser le développement  de l’Afrique ? Comment l’approche marocaine se définit-elle ? la façade atlantique de l’Afrique et l’importance de ses échanges avec l’Améri ...
  • Authors
    Hala Boumaiz
    November 15, 2019
    The effects of new technologies on the ways in which we think, govern, work and socialize are already posing complex problems for decision-makers, citizens and corporates, leading to reactions of rejection that reflect fear or lack of preparation in coping with digital transformations. Due to these changes, the classical patterns shaping our society - be it within the political, economic, or social spheres - have been rapidly altered. With this fast-paced transformation, the general ...