#African Economy – Ethiopian Monitor

AfDB

AfDB Expects Growth in Southern Africa to Slow Down Further

July 25, 2023July 28, 2023 2 min read

The Southern Africa region has seen a slowdown in economic growth over the past year as its largest economy, South Africa, confronts

Ministers to Review State of African Economy in Addis Ababa

January 23, 2023January 24, 2023 3 min read

ADDIS ABABA – African ministers to meet in the capital city of Ethiopia to review the state of economic and social development

A securityman administers sanitiser to a visitor to a state hospital in Lagos, on February 28, 2020. - Residents of Nigeria's economic hub Lagos scrambled for hygiene products after the chaotic megacity of 20 million announced the first confirmed case of new coronavirus in sub-Saharan Africa. Health Minister Osagie Ehanire said in a statement overnight that the infected person was an Italian citizen who flew in from Milan, at the heart of Europe's largest outbreak, earlier this week. (Photo by PIUS UTOMI EKPEI / AFP) (Photo by PIUS UTOMI EKPEI/AFP via Getty Images)

Covid-19 Crisis Pushes 55mln People in Africa to Extreme Poverty

May 15, 2022May 17, 2022 5 min read

ADDIS ABABA – The disruptions caused by the COVID-19 pandemic pushed an estimated 55 million Africans into extreme poverty in 2020 and

AUC Chairperson Faki Mahamat

Africa Needs $454 Billion to Revive Pandemic-hit Economy

February 2, 2022February 7, 2022 2 min read

ADDIS ABABA – Africa countries need at least $454 billion to rebuild their economies which have been ravaged by the Covid-19 pandemic