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Blog Post
January 26, 2023
With the abandonment of its Zero COVID policy, the Chinese economy is expected to rebound and contribute substantively to global economic growth in the latter part of 2023. This is projected to add to world demand for oil, more than offsetting falling demand from advanced countries whose economies a...
Blog Post
August 11, 2022
Ahead of COP27, which will take place in Egypt in November 2022, CGD hosted an event that aimed to identify the challenges of mobilizing private finance for climate action in Africa as well as the opportunities and policies needed to overcome them. From the rich discussions, we have summarized a ran...
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
October 26, 2021
Africa’s informal sector remains the largest in the world. According to the International Labor Organization, it claims almost 90 percent of the economy in sub-Saharan Africa and about two-thirds in North Africa (although there is significant heterogeneity in its size across countries).
Oct
5
2021
8:30—10:00 AM Washington DC Time
September 24, 2021
Africa’s informal sector continues to expand, employing a large part of the growing workforce. At the same time, the small and very small businesses have daunting challenges in accessing financing and thus are vulnerable to small changes in the business environment. Without financing, their scale of...