The past year has been challenging and turbulent for many frontier markets in Africa. In 2022, African economies met headwinds of inflation, the aftermath of the COVID-19 pandemic, and sovereign debt challenges. This led to a decrease in demand for African goods and services, as well as reduced inve...

The tide is turning: the economic recovery in the Asia-Pacific region is picking up steam. Last week’s forecasts from the IMF suggest that economic growth in the region’s developing and emerging countries will rise from 4.4 percent in 2022 to 5.3 and 5.1 percent in the current and following year. Th...

This week, the African Development Bank (AfDB) will hold its annual meeting in Sharm El Sheikh, Egypt. This is the right moment for its shareholders and other donors to commit to allocating some of their excess Special Drawing Rights (SDRs) to the hybrid capital fund that the AfDB has proposed to ...

The potential for emerging technology in Africa is vast. With a future population of 2.5 billion people, the continent presents a huge market opportunity for businesses to tap into. For Japanese companies, there is a massive middle class opportunity waiting to be exploited. However, simply building ...

A significant portion of African borrowing over the last decade has gone toward building infrastructure, but still, infrastructure has not kept up with population growth across the continent. Africa currently trails the rest of the world on every measure of infrastructure coverage. This deficit is m...

IF-CAP is a donor-backed guarantee facility, where public, private, and philanthropic financing partners take risk off the ADB’s balance sheet by guaranteeing to backstop repayments for ADB mitigation and adaptation climate projects. By guaranteeing repayments on specific climate investments, IF-CA...

The Senate Foreign Relations Committee this week approved bipartisan legislation that would expand the list of countries the Millennium Challenge Corporation (MCC) can engage while preserving its strict eligibility requirements that demand partners adhere to principles of good governance and uphold ...