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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
March 02, 2023
To kick off Season 2 of Lagos to Mombasa, Gyude reflects on the intricacies of climate change and development in Africa and explores how space-based technologies can help. Temidayo Oniosun of Space in Africa and Rose Croshier from CGD join Gyude to discuss the intersections of space technology with ...
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
November 30, 2022
SDRs are only part of the answer to Africa's economic and financial challenges. But they can be mobilized quickly and responsively to meet acute needs on the continent. The cost to the United States is essentially zero. The potential benefits to African countries and US credibility are immense.
Blog Post
November 29, 2022
The Global North can make an immediate down payment on the promises made at COP27 to increase financing for emerging markets and developing countries. How can countries ensure that funding starts to flow now? By pushing the limits of the funding mechanisms already in place.
Blog Post
August 04, 2022
A more useful starting point in answering questions such as this is to reframe space as infrastructure, akin to roads or power. Road systems and electricity grids, for example, don’t directly feed people, but they do contribute greatly to the ability to grow, move, store, and sell agricultural goods...