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Begin New Search Topic Economics Political Geography Sub-Saharan Africa

1. Economic Impacts of a New Global Financing Aid on Sub-Saharan African Countries

Author:
Bin Meh
Publication Date:
10-2023
Content Type:
Working Paper
Institution:
The Nkafu Policy Institute
Abstract:
The world is challenged with multiple shocks, and Sub-Saharan Africa (SSA) is highly affected by these challenges. Due to these challenges, the chances of diverging from set development agendas to achieving sustainable development goals are high. In the presence of the shocks, economic growth in SSA is anticipated to deteriorate from 3.9% in 2022 to 3.6% in 2023 (1). External debts and inflation are on the rise in SSA, attributed to the war in Ukraine, climate change and the ripple effects of Covid-19 on households, businesses and other economic sectors in the region. The purchasing power, household consumption, investments, government revenue and expenditures of SSA countries are falling, thus exposing the SSA economies’ vulnerabilities.
Topic:
Economics, Foreign Aid, and Sustainable Development
Political Geography:
Africa and Sub-Saharan Africa

2. Turkish Influence in Sub-Saharan Africa

Author:
Soner Cagaptay, Spencer Cook, and Amal Soukkarieh
Publication Date:
06-2022
Content Type:
Special Report
Institution:
The Washington Institute for Near East Policy
Abstract:
Trade volume has soared and projects like the development of Sudan’s Suakin Port have drawn notice, but Ankara faces economic headwinds in its bid to keep the momentum going. Atraveler through today’s Africa might be surprised by frequent markers of a distant power: Turkey. Consider that in Somalia, “Istanbul” is now one of the most popular girls’ names and that Turkey’s largest embassy in the world is located in Mogadishu. In the tiny coastal nation of Guinea-Bissau, Ankara has announced a new embassy, its forty-fourth on the continent. Meanwhile, state-owned Turkish Airlines now flies to sixty-one African destinations, compared to just a handful when Recep Tayyip Erdogan’s Justice and Development Party (AKP) government began its Africa outreach two decades ago. Trade volume has soared as well, with projects like Turkey’s proposed $4 billion development of Sudan’s Suakin Port drawing headlines­—and consternation from rivals in the Gulf. In this illuminating Policy Note, Soner Cagaptay, Spencer Cook, and Amal Soukkarieh survey Ankara’s robust activity in sub-Saharan Africa, where dynamics are shifting, and not always to Turkey’s advantage. Amid an economic swoon at home, Ankara is seeking improved ties with Middle East states and could be receptive to cooperating with Washington in Africa as part of the competition against other great powers, namely, China.
Topic:
Foreign Policy, Economics, Trade, and Competition
Political Geography:
Africa, Turkey, and Sub-Saharan Africa

3. Establishing the empirical basis for tracing the development outcomes of agricultural investments

Author:
Helle Munk Ravnborg, Bernard Bashaasha, Rikke Broegaard, Michael Byaruhanga, Evelyne Lazaro, Festo Maro, Khamaldin Mutabazi, Teddy Nakanwagi, and David Tumusiime
Publication Date:
04-2021
Content Type:
Working Paper
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
This DIIS Working Paper describes the design of a questionnaire survey developed and implemented in order to trace the development outcomes of foreign agricultural investments in six research locations in Tanzania and Uganda. The questionnaire survey was conducted as part of the Agricultural Investors as Development Actors (henceforward AIDA) research programme which, in particular, focuses on development outcomes in terms of employment, migration, food security and wider dynamic economic effects, such as access to technology, infrastructure and markets; land markets and perceived security of land tenure; and water access and security of tenure. The working paper which serves as a methodological reference document describes the approach which was employed for drawing six independent samples of 400 respondents each, as well as the approach developed for computing a foreign agricultural investment exposure index and for computing a locally informed household poverty index.
Topic:
Agriculture, Climate Change, Development, Economics, Emerging Markets, Environment, Poverty, Water, Food, Governance, Inequality, Investment, and Land Rights
Political Geography:
Sub-Saharan Africa and Africa

4. COVID-19 and Land-based Investment: Changing Landscapes

Author:
Clarisse Marsac, Nathaniah Jacobs, and Tehtena Mebratu-Tsegaye
Publication Date:
05-2021
Content Type:
Special Report
Institution:
Columbia Center on Sustainable Investment
Abstract:
The Covid-19 crisis has affected nearly all elements of the global economy, including the landscape of land-based investment (LBI). In addition to increased demand for land-based investment, especially among low- and middle-income countries which saw decreasing revenue and increasing spending in the first year of the pandemic, the crisis has also caused changes in the ways of doing business among host governments, home governments, and private sector actors involved in LBI. This report details and reflects on select Covid-19--related LBI developments in the short term, and potential longer-term shifts relevant to land-based investment practices in Sub-Saharan Africa and Southeast Asia. It also suggests possibilities for how a post-Covid economic recovery could improve practices for sustainable and responsible LBI.
Topic:
Development, Economics, Sustainability, and COVID-19
Political Geography:
Africa, Asia, Southeast Asia, and Sub-Saharan Africa

5. Africa's Economic Response to the Covid-19 Pandemic

Author:
V. Srinivas
Publication Date:
10-2020
Content Type:
Research Paper
Institution:
India International Centre (IIC)
Abstract:
Nelson Mandela once said, ‘do not judge me by my successes, judge me by how many times I fell down and got back up again.’ Economists have warned that the Covid-19 pandemic will have a substantial economic impact on Sub-Saharan Africa, and the economic costs could be devastating. The June 2020 Regional Economic Outlook for Sub-Saharan Africa projects that real GDP will contract by 3.2 per cent, and per capita income will fall by 5.5 per cent in 2020, levels last seen a decade ago. Lockdowns have affected informal sector workers, and small and medium enterprises in service sectors, resulting in more poverty and income inequality. The International Monetary Fund (IMF) has said that Africa’s regional policies should remain focused on safeguarding public health, supporting people and businesses hardest hit by the crisis, and facilitating recovery. The magnitude of the economic crisis in Africa can be gauged from the slowdown being witnessed in the larger economies. In South Africa, economic activity is projected to contract by 8 per cent in 2020, in Nigeria, the economic contraction is projected at 5.4 per cent in 2020, in Angola, economic activity will fall by 4 per cent, and in Ethiopia, economic growth is projected at 1.9 per cent, which is still 1.3 per cent below 2019 growth rates.
Topic:
Economics, International Political Economy, Economic Policy, Pandemic, COVID-19, and Regional Economy
Political Geography:
Africa, South Africa, and Sub-Saharan Africa

6. How Did Conflict Affect Women’s Economic Opportunities in Sub‑Saharan Africa?

Author:
Jeni Klugman and Turkan Mukhtarova
Publication Date:
10-2020
Content Type:
Special Report
Institution:
Georgetown Institute for Women, Peace and Security (GIWPS)
Abstract:
Prior research suggests that in times of conflict, women seek paid work for various reasons. But do these shifts last post-conflict? The authors analyze women’s labor force participation and employment trends in six conflict-affected Sub-Saharan African countries: Burundi, Chad, Côte d’Ivoire, Guinea-Bissau, Liberia, and Rwanda. The report finds there are significantly higher labor force participation rates among women, both in absolute numbers and relative to men’s participation, in these conflict-affected countries compared to peer countries. However, while conflict expanded women’s economic opportunities, it did not transform or improve the quality of jobs available to them. Most women continue to work in agriculture, often lacking decent working conditions and adequate social security. A deeper investigation of Liberia suggests that conflict-related disruptions expanded women’s economic opportunities. The predicted employment likelihood rose significantly between 1986 (three years before the conflict) and 2007 (four years after the end of the conflict) for all Liberian women, but especially among married women.
Topic:
Economics, Labor Issues, Women, Conflict, Participation, and Opportunity
Political Geography:
Africa, Liberia, Rwanda, Burundi, Chad, Guinea-Bissau, Côte d'Ivoire, and Sub-Saharan Africa

7. Global Terrorism Index 2018: Measuring and understanding the global impact of terrorism

Publication Date:
11-2018
Content Type:
Special Report
Institution:
Institute for Economics & Peace (IEP)
Abstract:
The GTI is produced by the Institute for Economics & Peace (IEP) based on data from the Global Terrorism Database (GTD). Data for the GTD is collected and collated by the National Consortium for the Study of Terrorism and Responses to Terrorism (START) at the University of Maryland. The GTD contains over 170,000 terrorist incidents for the period 1970 to 2017. Deaths from terrorism fell for the third consecutive year, after peaking in 2014. The total number of deaths fell by 27 per cent between 2016 and 2017, with the largest falls occurring in Iraq and Syria. Iraq recorded over 5,000 fewer deaths from terrorism in 2017, while Syria recorded over 1,000 fewer deaths. The fall in deaths was reflected in scores on the GTI, with 94 countries improving, compared to 46 that deteriorated. This is the highest number of countries to record a year on year improvement since 2004 and reflects the increased emphasis placed on countering terrorism around the world since the surge in violence in 2013. The large falls in the number of deaths in Iraq and Syria is mainly the result of ISIL’s continuing decline. The number of deaths from terrorist attacks attributed to ISIL fell by 52 per cent in 2017, with total incidents falling by 22 per cent. There was a corresponding decrease in the lethality of attacks, highlighting the weakening capacity of the organisation. ISIL has now lost most of its territory and sources of revenue and is actively redirecting resources away from the Middle East and into North Africa, sub-Saharan Africa, and Southeast Asia.
Topic:
Political Violence, Economics, Terrorism, and Peace
Political Geography:
Middle East, North Africa, Southeast Asia, Global, and Sub-Saharan Africa

8. Institutions And Sustainable Industrial-led Development In Sub-Saharan Africa

Author:
Anointing Ogie Momoh and Uzochukwu Uchechukwu Alutu
Publication Date:
02-2017
Content Type:
Working Paper
Institution:
Centre for the Study of the Economies of Africa (CSEA)
Abstract:
In 2015, economic growth in Sub-Saharan Africa (SSA) slowed to 3.4 percent from 4.6 percent the previous year. The economic slowdown in the region was the result of an interplay of several external and domestic factors such as lower commodity prices, slowdown in the economies of major trading partners, tightening borrowing conditions, political instability and conflict, electricity shortages and other infrastructure deficiencies (World Bank, 2016). This sluggish growth trends is in contrast to the impressive growth recorded in the region, over the past decade.
Topic:
Development, Economics, Institutions, Sustainability, and Industry
Political Geography:
Africa and Sub-Saharan Africa

9. Infrastructure Financing In Nigeria

Author:
Chukwuka Onyekwena, Precious Chukwuemelie Akanonu, and Anointing Ogie Momoh
Publication Date:
12-2016
Content Type:
Working Paper
Institution:
Centre for the Study of the Economies of Africa (CSEA)
Abstract:
Similar to most sub-Saharan African (SSA) countries, Nigeria has a huge infrastructure deficit which considerably limits efforts towards achieving inclusive growth, sustainable development, and poverty reduction. With infrastructure stock estimated at 20-25 per cent of Gross Domestic Product (GDP), Nigerias infrastructure stock is still significantly lower than the recommended international benchmark of 70 per cent of GDP. The 2014 National Integrated Infrastructure Master Plan (NIMP) estimates that a total of US$ 3 trillion of investments, or US$100 billion annually, is required over the next 30 years to bridge Nigerias infrastructure gap. In particular, the Plan estimates that Nigeria will have to spend an annual average of US$ 33 billion infrastructure investments for the period 2014 -2018. This means that Nigeria will have to more than double its spending on infrastructure from the current 2-3 per cent of GDP to around 7 per cent to make appreciable progress in infrastructure development over the next three decades.
Topic:
Economics, Infrastructure, GDP, Finance, Economic Growth, Economic Development, and Financial Institutions
Political Geography:
Africa, Nigeria, and Sub-Saharan Africa