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Late last year, the World Bank reported that Malawi’s economic future was in peril. In a press release, they noted that “The combined effects of adverse weather, acute foreign exchange shortages, disruptions to electricity, and the high rate of inflation, …
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In February, the Heritage Foundation released its 2023 Index of Economic Freedom – it’s not good news. Even though higher levels of economic freedom are positively correlated with longer life expectancies, cleaner environments and more peaceful societies, governments around the …
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During President Biden’s closing remarks at the U.S.-Africa summit held in December, he stated that “Africa has the potential to feed its people and help feed the world.” Although framed with a positive spin, the inference of Biden’s statement refers …
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The new African Continental Free Trade Area (AfCFTA) could transform Africa’s economic prospects. The World Bank estimates the AfCFTA could lift more than 30 million Africans out of extreme poverty (defined as having an income of less than $1.90 per …
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The implementation of the African Continental Free Trade Area (AfCFTA) last year has the potential to reduce trade barriers across Africa, and in doing so, it will likely usher in a new era of prosperity across the continent. However, the …
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