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East Africa economy defies climate shocks, conflict to triple growth

A report published by AfDB shows that East Africa is on course to topple West Africa as the fastest growing region on the continent, despite multiple headwinds.

Nairobi areaSouth sudanKevin uramaAkinwumi adesinaAfrican development bank afAfrican economic outlookAfrican development bankEast africaWest africaCentral africaProf kevin urama

Tanzania listed among top economic performers in Africa for 2024, beating Kenya and Uganda

AfDB projects that Tanzania’s economy will grow by 6.1 percent, ahead of its East African peers except Rwanda which will grow by 7.2 percent.

Kevin uramaChief economistVice presidentProf kevin uramaAfrican development bankTanzania economyAfdb macroeconomic performance and outlook

African states need new economic models amid external shocks

Assessing performance helps planners to understand output, interest rates, inflation and exchange rates.

Israel generalSouth sudanKevin uramaAnthony simpasaAddis ababaAfrican development bank afAfrican development instituteWorld bankAfrican communityInternational monetary fundEast african communityAfrican development bankBenchmark macroeconomic modelsEffective policy managementEconomic planningAfrica economic

Experts push for smart borrowing for projects, not consumption

The biggest headache has been how to finance projects and improve environment for businesses to take advantage of an integrating continent.

Nairobi areaKevin uramaAddis ababaMatthias naabUn economic commission for africaUnited nations development programmeAfrican development bank afRegional service centerIndustrial development in africaEast africanAfrica economic conferenceChief economistEconomic governanceKnowledge managementAfrican development bankIndustrial development

African Development Bank Group (AfDB) / Press release | African Development Bank launches country-by-country reports on Africa s climate change, green growth financing needs ahead of COP28

African Development Bank launches country-by-country reports on Africa s climate change, green growth financing needs ahead of COP28

United arab emiratesCoted ivoireIvory coastKevin uramaFerdinand bakoupAfrican development bank groupAfrican development bankUnited nations conferenceClimate changeCountry focus reportsVice presidentProf kevin uramaActing directorCountry economicsAfrican economic outlookRegional economic outlooks

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