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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
November 01, 2023
In recent decades, concerted efforts to promote access, equity, and inclusivity in education have improved school enrollment for girls and marginalized and disadvantaged populations. Kenya is no exception: it has reached gender parity at the primary school level, and the Kenyan government has implem...
Blog Post
December 12, 2022
Debt and climate change are defining challenges for many countries in Africa. Governments across the continent are seeing their debt burdens mount—some to unsustainable levels—as they race to mobilize resources to adapt and respond to the increasingly severe climate crisis.
CGD NOTES
May 19, 2022
The stakes are high for the African Development Fund (AfDF) as it kicks off its replenishment fundraising exercise this spring. Countries in sub-Saharan Africa (SSA) are still grappling with the health and economic fallout of the COVID-19 crisis, with over 30 million of their citizens pushed into po...
Blog Post
April 28, 2022
In the past two years, we have all learned that the end of a COVID-19 wave is the end of a chapter, not the end of the story. Ongoing COVID transmission means the risk of new variants of pandemic potential is ever present and vaccination remains our best defence. The primary near-term challenges for...
BRIEFS
April 28, 2022
COVID-19 radically changed most people’s lives in 2020, including across Africa. In Ethiopia, the disruption started with school closing, and other restrictions soon followed. Despite these efforts to contain the virus, Ethiopia—like almost all countries—suffered significant health impacts. It has r...
Blog Post
February 17, 2022
While Fitch had lowered Ghana’s rating in January, S&P opted to maintain its B-rating with a stable outlook pointing to Ghana’s solid growth prospects over the coming years. These divergent actions—and strong market reactions—are a reminder of the tremendous weight that investors put into assess...
Blog Post
May 29, 2020
This week, as part of our “Diaries from the Frontline” series we are looking at how TCF and the Luminos Fund are supporting their teachers and principals. Their experiences show that teachers, not buildings, are the backbone of any school system. And even while schools are closed, there is evidence ...