Remarks as prepared to deliver by Development Reimagined CEO Hannah Ryder during a forum of representatives from G7 governments in Nairobi, Kenya, March 2024. FULL SPEECH BELOW Thank you very much for inviting me to this forum to share my
Speech delivered by Development Reimagined Analyst Huiyi Chen during a thematic session hosted by the Chinese Academy of International Trade and Economic Cooperation (CAITEC) in Beijing in December 2023. FULL SPEECH BELOW Thank you very much Vice President Yu Zirong,
On November 29th in Addis Ababa, after two days of deliberations with Ministers of Finance, the Organization of Southern Cooperation (OSC) formally announced the establishment of the Common Leveraging Union of Borrowers (CLUB), a novel financial instrument that supports OSC
November 2023 – Throughout the COVID-19 pandemic to the present, there has been an abundance of reporting on a slowdown in Chinese lending to Africa and projections of this into the future. But with a closer examination of the data,
On Thursday 7th September 2023, Development Reimagined held an event on the sidelines of the Africa Climate Summit in Nairobi. The event, aptly named Breaking the Bias: Rethinking Debt Sustainability for Africa’s Future, focused on key challenges within the IMF
On the sidelines of the African Climate Summit, Development Reimagined hosted an event aimed at challenging the status quo embedded within the international debt system. African countries operate in a creditor-centric international financial system where the “rules of the game”
Development Reimagined’s new report reveals that five selected African countries – which have either been classed as “in debt distress” or as “high risk” – will need to spend between 9% – 58% of GDP annually on infrastructure spending to
On August 30th, during this year’s African Conference on Debt and Development (AfCoDD III), Development Reimagined co-organized a panel discussion with the African Forum and Network on Debt and Development (AFRODAD) on the topic of increasing African borrower coordination in
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
债权人协调与借款人协调：对非洲债务管理最重要的是什么？ 国际金融体系过于以债权人为中心，不考虑借款人的需求。债权人通常通过“俱乐部”或“委员会”组织起来，例如巴黎俱乐部，将借款人排除在谈判之外。因此，迫切需要加强借款人协调，以便各国分享经验并协商做法，从金融体系中获得更多利益。这种协调可以通过借款人俱乐部实现，非洲国家可以联合起来，既借贷又协商债务条款。下面的文本框中突出显示了关键方面。 借款人俱乐部将在多个方面对非洲大有裨益。例如，当非洲各国政府联合起来借贷时，他们将能够获得信贷，从而促进项目的启动和连续性，因为有低息贷款可用。此外，非洲各国政府之间的协调将继续改善，同时也提供了分享想法和经验的平台。鉴于出席年会的主要利益相关者，这对非洲领导人和发展从业者来说是一个很好的机会，可以提出国际金融体系中借款人协调的必要性——使该体系服务于借款人，而不仅仅是债权人。 借款人俱乐部： 演讲者：Development Reimagined 首席执行官 Hannah Ryder 主持人：利比里亚前公共工程部长、全球发展中心高级政策研究员 Gyude Moore 讨论嘉宾： 本次活动由 CGD 和 Development Reimagined 联合主办，请观看下面完整的网络研讨会。 2022 年 10 月
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
NEW ANALYSIS: Forecasting The Infrastructure Financing Needs of Ghana, Nigeria, Senegal and Cote d’Ivoire to 2030 Numerous international organizations often stress the importance of infrastructure for development, including in Africa’s development. Yet, there is a severe lack of analysis on
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
On April 20th, Development Reimagined in partnership with the University of Pretoria Centre for Human Rights organized a closed-door stakeholder event on “Innovative Approaches to Development Finance and Debt Vulnerabilities for African Countries”. The event brought together key stakeholders in
Updated Every Month As COVID-19 social distancing interventions continue to be relaxed in many countries in favour of vaccine-led strategies, while new variants of COVID-19 continue to emerge, the way forward for global COVID-19 management seems very unclear. Our infographics
Updated Every Month March 1st marks one year since COVID-19 vaccines were first distributed by an African country. Since then, African countries have only been able to procure 633 million vaccines with over 60% of these doses already administered. To
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
Our infographic series has demonstrated that in a number of ways, African countries are continuing to act in a globally responsible manner to manage COVID-19 despite constrained circumstances. This month, we uncover the finance that is still being spent to
Updated Every Month During November 2021, the WHO announced a new COVID-19 variant of concern – B.1.1.529 – now known commonly as Omicron. First detected by South Africa and sequenced by Sikhulile Moyo, a researcher based in Botswana, over 11,000
Updated Every Month African Statistics Day is celebrated on the 18 November every year and the use of good reliable data has never been more important. Our research on COVID-19 – utilising public data on case numbers, deaths, social distancing,
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
Updated Every Month To date, African countries have been able to secure just 121 million vaccine doses in order to minimise the effects of COVID-19. Of these, 72% have already been jabbed into arms, equating to just 1.8% of all
Updated Every Month Over the last three months, we have consistently shared the data that so far, Africa has received less than 2% of global vaccines. We’ve had people share our data and graphics, and call out how inequitable this
Updated Every Month Nearly 1.33 billion vaccine doses have been ordered by African countries and the African Union – that’s enough to fully vaccinate half of the population, getting close to herd immunity levels, but as of early June, African
Updated Every Month Ever since the development of COVID-19 vaccines began, much ado has been made about the acquisition and distribution of vaccines to vulnerable African populations. But as our monthly report demonstrates with alarming clarity, the reality is very
Updated Every Month Nearly 1.7 billion vaccine doses have been ordered by African countries and the African Union, but as of early April, only 5.7% of these have arrived, and of those, only 37% have actually been administered. While many
Updated Every Month 1 billion vaccine doses have been ordered by African countries and the African Union, but only 1.5% of these have been delivered so far. That’s not a headline you will read anywhere else. The news elsewhere is
Updated Every Month As analysts focused on African countries, we often see narratives that underplay and imply skepticism of the capacity of Africans to respond to COVID19. Most of this is simply unwarranted. When you look at the data –
Updated Every Month Last year, in 2020, we were the first to comprehensively track the impact of COVID19 across Africa with this regular infographics series. We not only published these week after week – a total 23 editions in both
Over the last two weeks, news of potential new vaccines to stop the spread of #COVID19 have dominated headlines. Moderna, Pfizer and Astra-Zeneca have all made press-releases about their effectiveness in trials. Chinese firms – such as Sinovac and Sinopharm
Updated Every Two Weeks This week, we saw a major dispute unfold between Zambia and private sector lenders, who rejected the government’s request for a 6 month payment holiday, due to Zambia’s needs to spend on COVID19 management. The private
