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Sub-Saharan Africa’s Recovery Faces Another Black Swan

New global shock could derail Sub-Saharan Africa’s recovery.
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The Fiscal Double Bind: Sub-Saharan Africa's Revenue and Spending Problem
Sub-Saharan Africa (SSA) governments don't raise enough revenue. The little they collect they don't spend wisely.
 • adewole
Bread and Borders: Protectionism Deepens Poverty in Nigeria
Nigeria’s protectionist policies stifle growth, cripple industries, inflate prices for consumers, and exacerbate poverty.
 • adewole
The Invisible Ceiling: Inflation is Stifling Upward Mobility in Nigeria
Nigeria's soaring inflation is creating an invisible ceiling on upward social mobility. This article explains how rising prices are subtly altering the…
Trade Winds: AGOA and Sub-Saharan Africa
This article explores AGOA’s impact on Sub-Saharan Africa, particularly its role in export diversification and economic development outcomes.
IMF Throws Ethiopia a Crucial Lifeline
The International Monetary Fund (IMF) has extended a lifeline to Ethiopia with a financing agreement to help stabilise its struggling economy.
 • adewole
Sub-Saharan Africa H1-2024 Eurobond Update
An update on the performance of Sub-Saharan African (SSA) Eurobonds in the first half of the year.
 • adewole
Kenya's Debt Highway to a Fiscal Crisis
This article explains how Kenya's legacy of excessive borrowing, flawed decision-making, and lack of accountability led it to a serious financial crisis…
 • adewole
The End of SSA's Eurobond Drought
Nearly 2 years after the last issuance, sub-saharan african nations have returned to Eurobond market. Both Côte D’Ivoire and Benin have raised USD3.35bn…
 • adewole
Debt Default: Ethiopia's Public Investment Led Growth Miracle Runs Out of Steam.
On December 26, 2023, Ethiopia formally defaulted on its $33 million interest repayment on its $1 billion Eurobond. This article explains Ethiopia's…
 • adewole
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Sidewalk is a newsletter focused on issues of critical importance to Sub-Saharan Africa’s social and economic development.

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