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Blog Post
March 27, 2024
After an almost two-year lull, sub-Saharan African issuers are clawing their way back into international markets. In close succession, Côte d’Ivoire, Benin, and Kenya issued $4.85 billion worth of Eurobonds in the first quarter of 2024. The bond offerings were as much as six times oversubscribed, in...
Blog Post
February 16, 2024
As African heads of state and government meet for the 37th African Union Summit to discuss “educating and skilling an Africa fit for the 21st century,” they face stark choices forced by a stormy economic environment juxtaposed with urgent educational needs. Although the current climate might require...
Blog Post
August 15, 2023
Everyone agrees that Ghana's school feeding programme is an important and useful social programme…but insufficient and poor quality food is compromising its impacts; government financing remains a challenge; and it lacks lacks broader support and accountability mechanisms. The programme has huge pot...
Blog Post
March 09, 2023
Many advanced-economy countries are looking for ways to recycle their excess Special Drawing Rights (SDRs) to support more vulnerable countries whose economies are being buffeted by the economic aftermath of the COVID-19 pandemic and the Russian invasion of Ukraine. The G20 has pledged $100 billion ...
Blog Post
February 15, 2023
Months of innovative work by AfDB staff have resulted in an attractive SDR recycling scheme that overcomes a major hurdle by successfully embodying the reserve asset characteristic. And it will allow leveraging SDRs to multiply their lending power 3-4 times. Now politicians have to step up and commi...
Blog Post
February 10, 2023
Although African governments that deliver higher rates of primary enrollment enjoy greater approval ratings, the relative importance of access is likely to decline as countries approach universal primary education. That is already reflected in the prominence of learning outcomes as a predictor of ci...