Abebe Aemro Selassie is Deputy Director in the IMF’s African Department. Previously at the IMF he led the teams working on Portugal and South Africa as well as theRegional Economic Outlook for sub-Saharan Africa. He has also worked on Thailand, Turkey and Poland, as well as a range of policy issues. From 2006-2009 he was the IMF’s resident representative in Uganda. Before joining the IMF, he worked for the Government of Ethiopia.
Conflict-affected states are at high risk in this era of economic uncertainty, having already had to face the pandemic and the impacts of the Ukraine war.
Africa’s economic growth is likely to fall this year because of surging food and fuel prices caused by Russia’s invasion of Ukraine, according to the IMF.
Soaring prices for oil, gas and wheat because of Russia's war on Ukraine could lead to unrest in some regions, from Sub-Saharan Africa and Latin America.
The growth of COVID-19 cases in sub-Saharan Africa is the fastest in the world, with a trajectory that is outpacing the record set in the second wave.
Africa’s economic gains of the last two decades are in jeopardy due to COVID-19. But privately funded projects could provide a lifeline to its development.
El África subsahariana tiene la población más joven, lo que pone de relieve la oportunidad económica, pero también la urgencia de avanzar hacia un futuro más sostenible y resistente.
Sub-Saharan Africa has the youngest population, highlighting the economic opportunity, but also the urgency to build toward a more sustainable and resilient future.
Invertir en África para ayudarla a capear la crisis es una decisión estratégica para el futuro.
Investing in Africa to help it weather the crisis is a strategic decision for the future.
En Afrique subsaharienne, six des 35 pays à faible revenu (PFR) de la région sont en situation de « grave endettement ».
A las dificultades económicas se suman las amenazas de seguridad provenientes de Boko Haram en la región del Lago Chad y los conflictos civiles en la República Centroafricana.
After almost two decades of robust growth, there has been a sharp deceleration in economic activity in sub-Saharan Africa. What will change this trend?
