The Non-Aligned Movement, NAM, has its origin from what has been referred to as the first large scale Asian- African or Afro-Asian conference, held in April 1955. This conference held
The debt challenges facing many African countries reside not only in the borrowing but increasingly on the rigidity of the debt architecture and its inability to adjust to the changing
Public debt has doubled in Africa since 2010, reaching 65% of GDP in 2022 compared to 32.7% in 2010. The continent has also witnessed a diverse creditor portfolio, with Paris
The extent to which any country can effectively manage and sustain its debt stock equally hinges onthe adequacy of its legal and institutional frameworks that govern the same. While African
IntroductionCredit Rating Agencies play an essential function in determining the chances of countries accessing financial resources by offering a solvency risk benchmark to investors for debt issuers and structured finance
The IMF allocated Special Drawing Rights (SDRS) equivalent to about US$650 billion in August 2021. This allocation is meant to benefit all members, addressing the long-term global need for reserves
Liquidity is vital for spurring growth and development for developing countries especially during crises for instance the unprecedented economic and health crises from the COVID-19 pandemic. The IMF, allocates Special
Africa requires about US$285 billion through 2025 in order to fully recover from the Covid-19 pandemic whereas roughly US$520 billion is needed for the African nations to catch up with
The issuance of SDRs has been used successfully in the past to boost liquidity of the global economy and ease pressure especially during times of crisis for instance the global
Guest analysis by Tirivangani Mutazu, AFRODAD The creation of a new IMF-administered Resilience and Sustainability Trust (RST) is welcome, but its design shortcomings must be resolved. The RST’s purpose must