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Apr
11
2023
12:30—2:00 PM ET 5:30-7:00 PM BST In-person and Online
April 04, 2023
In the wake of COVID-19, African countries are set to receive special drawing rights to boost their economies. However, there is a need to increase African agency in development financing – including in the deployment of SDRs to best meet African development agendas such as Agenda 2063. During COVID...
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
January 19, 2023
Kenya has become a poster child for digitally driven development. Known as “Silicon Savannah,” the country has a multi-billion-dollar tech industry that routinely produces startups. Among its most prominent successes is M-Pesa. Launched in 2007, the mobile wallet service revolutionized how Kenyans t...
POLICY PAPERS
January 19, 2023
This study surveys Kenya's electronic payment system for social benefits, Inua Jamii, from the perspective of recipients, including their views on convenience and the benefits from competition. It also considers whether these digital G2P payments programs have increased financial inclusion more gene...
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.
Oct
25
2022
1:00—2:00 PM Eastern Time (US and Canada), 5:00 -6:00pm GMT/ 6:00 – 7:00pm British Summer Time (BST)
October 19, 2022
South Africa’s economy has underperformed during the past decade. The COVID‑19 crisis has weakened an already fragile economy, hobbled by endemic power rationing. Incomes have been declining, unemployment remains high, at around 35% and income inequality is considered to be the highest in the world....
Blog Post
February 10, 2022
The EU-AU summit is an important moment where the European Union could announce an ambitious plan to recycle its Special Drawing Rights which our analysis shows there is plenty of room to do. While some EU countries have been at the forefront of advocating for recycling, as a group the EU membe...