African Stability News Today

As the United States and international partners work to stabilize Africa’s Sahel region — and to prevent its warfare, violent extremism and armed coups from metastasizing into Africa’s densely populous and strategic Atlantic coast — the West African multinational bloc, ECOWAS, has proven its value in resolving crises and promoting stability. Yet, as global security threats have evolved, ECOWAS, like other multinational bodies, needs updated capacities to meet new challenges. Internationa...

When developed countries accrue big debts it is seen as normal, but for African countries it is often treated as a calamity. Is there such a thing as good debt and bad debt?

The former head of UNECA takes the helm of the Liquidity and Sustainability Facility at a time when African debt has hit unprecedented heights. But is the facility as transformational as its founders claim?

Daniel Cohen and Ibrahim Elbadawi propose the establishment of a liquidity and stability mechanism for African countries. In an exclusive interview, they tell us why additional support is necessary amid widespread economic turmoil.

In the face of a potential debt crisis, an African Stability and Liquidity Mechanism could help ensure macro-financial stability and reasonable funding costs for African governments.