The African Union Commission has officially signed a Memorandum of Understanding (MoU) with Development Reimagined, reinforcing the continent’s drive to reshape global financial systems, unlock new development finance, and advance Africa’s position with global partners. The agreement, signed on 12th February
Development Reimagined and the African Climate Foundation (ACF) co-hosted a panel discussion on the side lines of the Summit for a New Global Financial Pact in Paris. The session explored the possibility of having the AU and AU Commission as
A few months ago, the Paris Summit for a “New Global Financial Pact” was announced to be held in June 2023. So far, the Summit has been met with mixed reviews, with the aim to deliver innovative approaches to the
A new Policy Brief by Development Reimagined gives reasons for the African Union (AU) to join the G20 as a permanent member, offering compelling reasons for this crucial step. The G20, consisting of the European Union and 19 leading economies,
IMF released a new Africa-focused report In a recent address to the 3rd Pan-African Parliament Summit, the President of Kenya William Ruto remarked: “The discursive profile of the continent has too often been focused on the challenges and difficulties we
Download Our Policy Brief The international financial system values creditors’ interests, needs, and priorities more than borrowers. If we take the case of Zambia, for instance, which between 2012 and 2015 acquired approximately USD 3 billion in external Eurobond debt
In August 2021, the International Monetary Fund (IMF) issued its largest allocation of Special Drawing Rights (SDRs) worth 650 billion USD to boost global liquidity and support member countries in their post-COVID-19 recovery. In this global allocation, the African continent
In 2015, the Sustainable Development Goals (SDGs) replaced the Millennium Development Goals (MDGs) with the aim of ending poverty, protecting the planet, and ensuring all people enjoy peace and prosperity by 2030. Just before the SDGs were adopted, during a
It has been almost a year and half since the International Monetary Fund (IMF) announced its largest global allocation of SDRs, US $650 billion (or SDR 456.5 billion), to member countries to boost global liquidity and address the global need
New report reveals that four selected African countries who have sought G20 debt restructuring will need to spend between 9.7 – 49% of GDP annually on infrastructure spending to meet the SDGs. New report by Development Reimagined on the infrastructure
Following on from a turbulent half a decade – with the China-US trade war, the COVID-19 pandemic itself plus supply chain disruptions accompanied by inequitable vaccine access, the Russia-Ukraine War and, now, subsequent inflation crisis – many countries across the
October 2023- Does the IMF expect Economic Growth in African Countries in 2023? Over the past 4 years, the world has endured the economic fallout from the China-US trade war, the COVID-19 pandemic itself plus supply chain disruptions accompanied
From US-Africa engagement to Africa-US engagement. In the run-up to the 2nd US-Africa Leaders Summit in December 2022, Development Reimagined experts created a US-Africa Policy Brief featuring innovative strategies to shift the “US-Africa” process to an “Africa-US” process. This policy
Panellists: Co-hosts: During Africa Climate Week 2022 in Libreville, Gabon – Development Reimagined co-hosted a side event with African Climate Foundation (ACF) and Environmental Defence Fund Europe (EDF). Our joint event convened key stakeholders in Africa’s climate finance and banking
This event was co-hosted by CGD and Development Reimagined. October 2022
REIMAGINING THE INTERNATIONAL FINANCE SYSTEM FOR AFRICA- IMF and World Bank Annual Meetings Policy Brief In the run-up to the IMF and World Bank Annual Meetings in Washington D.C in October 2022 Development Reimagined has put together a comprehensive Policy
Prior to and throughout the COVID-19 pandemic, civil society, governments and media outlets have issued constant warnings of a ‘African debt crisis’. While our infographics to date have shown that these concerns are overblown for various reasons, and have been proved
In the run-up to the 77th United Nations General Assembly, Development Reimagined has put together a comprehensive Policy Brief “Making Multilateralism Work for Africa”. The brief intends to support African leaders and policymakers, as well as development practitioners, to deliver clear positions
On 24th February 2022 Russia announced a “special military operation” in Ukraine. Since then, not only has the war led to loss of life, destruction of property and business, it has immensely affected global trade in of which Russia and
New Report: Deep Dive of Financing Needs & Debt Vulnerabilities Nigeria, Ghana, Senegal & Côte d’Ivoire 2021 The COVID-19 pandemic has created new financing pressures amongst African countries, with countries having to finance socio-economic protection measures and vaccination rollouts, whilst
2021 African Ambassadors Dinner Gala & Celebration On 28 October 2021, Development Reimagined organized the “2021 African Ambassadors Gala Dinner” in Beijing, in celebration of the “2021 African Ambassadors Virtual Retreat” hosted in September 2021. The dinner provided a unique and
The China-Africa Internet Development And Cooperation Forum Speech by a senior African diplomat in China at the China-Africa Internet Development And Cooperation Forum in Beijing (August 2021). Recommendations by the Development Reimagined team for the FOCAC 2021 action plan are
In July 2021, we hosted the first event of our Ambassadors Roundtable series with Ambassadors and their representatives of West Africa based in China. Co-ordinating across diplomatic missions in China, the focus of discussion was the challenges surrounding West African
China-Kenya relations are at a critical stage as the two countries face enormous challenges related to debt sustainability, a severe trade imbalance, and the public health crisis brought on by the COVID-19 pandemic. Nonetheless, Kenya remains a strategically vital country
Introduction:- Innovation is known to be important for productivity and economic growth, while intellectual property rights are, in conventional economics models, thought to spur innovation. Yet China, which averaged over 6 percent annual economic growth for three decades and is
“Is a new debt crisis mounting in Africa?” “Africa’s debt crisis hampers its fight against covid-19” and “African nations sitting on debt volcano” These are all headlines from as far back as August 2019 , from various international and African
Hannah Ryder, CEO Development Reimagined visited Sangua, or ‘Three Melon Community’ in Anhui Province, to understand how private capital can support poverty reduction? Can the same be done elsewhere? Watch her vlog to find out! On November 23, 2020 China announced
How to ensure food security on the African continent is a major question for African policy makers, businesses and the international community. A recent report by Mckinsey highlighted that 650–670 million people in Africa, roughly half the population, already face
Updated Weekly This week could mark an important shift for African citizens health-wise. This week saw the African Union launch the African procurement platform, which is aimed at making sure African governments can get easier and faster access to the
Updated Weekly There is one word this week that we have been hearing a great deal. Debt. Concerns are being expressed by many international development organisations about the potential for a debt crisis, especially given the World Bank’s gloomy update
The Development Reimagined Infographic series explores which countries are and aren’t signed up to China’s flagship Belt and Road Initiative Announced in 2013 by Chinese President Xi Jinping, The Belt and Road Initiative (BRI) has promised new business and development
Good afternoon everyone. The title of the keynote I’ve been asked to give to you today is “caught in between the West vs China – can Africa rise to the play?” The way I interpret this is how African countries
One of the greatest aspects of being a parent is having your child question the way you look at the world. Even more so bringing up a child in Beijing, where toys, for instance, are designed with the Chinese market
When we advise Chinese companies going abroad, especially to African countries, one of the first questions they ask is: “Is the country stable?”. We in Development Reimagined know that by “stability” many companies are not necessarily referring to what other
Distinguished Guests, Ladies and Gentlemen, good morning! It is my honor to be here today, I am the CEO of an international development consultancy called Rui Na Xin (Development Reimagined), and the former deputy country director for UNDP here in
A Kenyan saying goes, “When two elephants fight, it’s the grass that suffers”. News headlines over the past few weeks have been dominated by two “elephants”, the US and China, and what looks like the beginning of a protracted trade war between
Thank you so much for the honour and invitation to give the dinner speech today. This is my third year of joining the Yenching symposium in as many years of being in China, and as always it is wonderful to
The American President’s comment on “shithole” countries may have shocked the world but it is not the first time I have been made to feel that the African continent is viewed negatively. There has been a great deal of public
Creating jobs and entrepreneurs is key for sustainable development; At least three ways China can use the Belt and Road Initiaitve to create jobs and entrepreneurs across the world; China’s local governments should use “going out” strategically to innovate and
As a small child growing up in the Kenyan capital Nairobi, our annual family holiday to the beautiful beaches of Mombasa always began and ended with a degree of trepidation. My sister and I would jump into the car and
Living in China, it’s been impossible to miss the country’s first ever Belt and Road Forum (BRF). The forum concluded on Monday, with outputs including a detailed declaration and numerous — over 270 — bilateral deals in areas such as
As part of my preparation to return to work early next year, I have recently started the search for someone to look after my son full-time during the day. Being in Beijing, I don’t have the same network of family
June is always a busy month for my family, as three of us have a birthday in the space of two weeks. Father’s day also takes place in June, and it’s also my husband and my wedding anniversary. There is
I’m entering into my fourth week here in Beijing, and one of the experiments I tried last weekend was to order a takeaway. I was tired from a very hectic week of meetings – that was my excuse anyway! But
A couple of weekends ago, the Chinese Prime Minister Li Keqiang made his first ever trip to Africa, visiting Angola, Ethiopia, Nigeria and Kenya. This was a significant date. 50 years ago, the then Chinese Premier Zhou Enlai made the
I sometimes worry that I work too hard. This is the third valentine’s date with my husband that I’ve missed because of working abroad. I’m currently in Nigeria for the fifth meeting of the Global Partnership for Effective Development Cooperation’s
