• #Africa
• #China
• #EconomicAnalysis

While the White House is breaking with the lack of interest in Africa that characterized the Trump years and is trying to strengthen its influence there, Beijing is setting its communication apparatus in motion to try to assert its superiority on the continent.

• #Africa
• #China
• #EconomicAnalysis
• #Economy
• #News

A major change is expected in the nature and structure of Chinese investment in Africa. In addition to state-owned enterprises, private investors are now expected to target the ICT, agriculture, consumer goods, industry and finance sectors.

• #Africa
• #Africa
• #China
• #EconomicAnalysis
• #Economy
• #Europe

By 2028, 35% of the total debt service that will be paid by African countries will go to the coffers of Western private creditors, while China will pocket only 19%.

• #Niger
• #Covid19
• #DRC
• #EconomicAnalysis
• #Economy
• #Energy
• #EquatorialGuinea
• #FoodInsecure
• #Growth
• #IMF
• #Infrastructure
• #IvoryCoast
• #News
• #Oil
• #Rwanda
• #SouthSudan
• #WorldBank

In its latest report on the global economic outlook, the IMF raised its 2022 growth forecast for sub-Saharan Africa to 3.8%, despite inflationary risks. Like Niger, six other African countries are expected to register growth above 6% this year.

• #Africa
• #Angola
• #Climate
• #Covid19
• #EconomicAnalysis
• #Economy
• #Education
• #Health
• #Import
• #Inflation
• #Nigeria
• #Russia
• #SubSaharanAfrica
• #Ukraine
• #War
• #WorldBank

In 2021, growth in sub-Saharan Africa, the main driver of African growth, was estimated at 4%, according to the World Bank. However, this upward trend should be affected by the consequences of the Russian-Ukrainian crisis which is already impacting consumer prices.

• #Africa
• #Business
• #EconomicAnalysis
• #Economy
• #Egypt
• #Entrepreneurship
• #Finance
• #Kenya
• #Nigeria
• #SouthAfrica
• #Startup
• #Women

Between 2019 and 2021, companies headed by women raised less funds in Africa. This trend continued, during the first three months of 2022 when they obtained only 1.5% of the $1.8 billion raised by all African start-ups.

• #Africa
• #EconomicAnalysis
• #Economy
• #Egypt
• #Financial
• #Kenya
• #Nigeria
• #SouthAfrica
• #Startup

African start-ups could end 2022 with $7.3 billion in funds raised, if the momentum of the start of the year is maintained, assures thebigdeal.substack.com. These companies hit a new high in the first three months of the year.