Released in January 2024, the World Bank’s latest Global Economic Prospects (GEP) echoes sentiment from the tail-end of 2023 – that global economic growth remains fragile and constrained by coordinated price stability policies put in place by Central Banks around
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
In May 2023, the WHO announced that COVID-19 was no longer a global health emergency. But does this ring true for the African continent, especially given that the WHO’s announcement seemed to be premised on not just herd immunity but
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
Excellencies, Distinguished guests, Ladies and gentlemen, Director General Wu Peng, Your Excellency Sylla Deputy Director Zhang Jianhua Resident Coordinator Chatterjee I want to express my sincere appreciation, on behalf of Development Reimagined, to the Ministry of Foreign Affairs and China
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
In the past year, cholera has returned to the fore as a public health disease of concern, with current outbreaks being battled in 22 countries across three continents, more than half of which are African countries. What is cholera, and
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
Who We Are? Despite reports on Covid-19-induced economic slowdowns in China, China’s middle-class and their purchasing power is continuing to grow at a rapid rate. Today, China is home to more than 40 percent of the global wealth middle class. Furthermore,
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
Who We Are? China is the world’s second-largest market. Therefore, any country looking to increase its export footprint is an important market to enter and gain significant market share. In the last decade, China has seen a rapid increase in
Who We Are? It is no secret that coffee has exploded in popularity in China, despite being a traditionally tea drinking country. Although most coffee consumed in China comes from Vietnam and Malaysia, as well as China itself, African coffee
Who We Are? Last month, Africa Reimagined took part in a promotional shopping festival for African products in China called the: “4th Brand and Quality Online Shopping Festival and Quality African Products Online Shopping Festival.” From April 28th to May
Who We Are? Last week, authorities in Shanghai finally lifted a two-month-long COVID-19 lockdown that could reportedly reduce China’s overall GDP by 4% this year. Across China as a whole, Covid-19 cases have also reduced to around 70 per day
The simple answer as to why China’s e-commerce market is such a big deal is that China has the world largest and most diverse e-commerce market. In 2021, China’s e-commerce market took up more than half of the global online
FOCAC 2021- Bridging Partnerships for Deeper Cooperation Since the first Forum on China Africa Cooperation (FOCAC) in 2000, the China-Africa relationship has grown significantly, both in size and scope. FOCAC has been instrumental in coordinating and progressing the relationship, with
With the 8th Forum on China Africa Cooperation (FOCAC) Ministerial Conference due to be held at the end of November 2021, Development Reimagined has been reflecting on past Africa-China cooperation under the FOCAC umbrella, as well as an exploring on
Over the past few decades, it has become abundantly clear that ‘aid’ is not the only answer to Africa’s development. Solving economic and social challenges requires more than just financial aid, with an urgent need for structural change – in trade,
Who We Are? Over the past few decades, it has become abundantly clear that ‘aid’ is not the only answer to Africa’s development. Solving economic and social challenges requires more than just financial aid, with an urgent need for structural change – in trade,
Who We Are? The coffee industry in China and Uganda are two very different stories. Here in Beijing, coffee shops are springing up all the time. Indeed, from 2008 to 2018, China’s coffee consumption increased by a whopping 1032%! The younger Chinese
The ongoing COVID-19 pandemic is among the greatest challenges facing the global community today. While Ethiopia has had an overall successful response to the pandemic with a low rate of infections and deaths, the country has been negatively affected by
News from Ethiopia in early 2021 from many international media outlets has focused on whether the government will or will not ask for debt suspension or cancellation under a new framework that has been agreed by the Group of 20
August 11th 2020 “Despite the COVID-19 pandemic, the Sino-Africa cooperation is at a defining moment in which it has the potential to help propel African countries towards sustainable development.” This was one of the most echoed sentiments from the ‘Sino-Africa
Over the past 5 years the East African region has been benefiting from increased trade due to growing FDI into the region, driven primarily by new players such as China alongside a vibrant economy. However, this growth has produced a dilemma
Development Reimagined helping put trade at the heart of sustainable development in Africa At Development Reimagined we firmly believe that ‘aid’ or development cooperation is not the only answer to sustainable development in Africa. Solving economic and social problems in
Health policy plays a major role in many African countries development plans. And many African countries have recently made commitments to create and nurture well-functioning pharmaceutical industries to provide medicines to their own, growing populations. Health has also been a
Who We Are? At Africa Reimagined we firmly believe that ‘aid’ or development cooperation is not the best answer to sustainable development in Africa. Solving economic and social problems in poor and middle-income countries requires structural change – in trade, investment, and
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
The phrase “the benefit of hindsight” has been ringing in my ears as I’ve been reading the reports from the close of the Durban climate negotiations late on Saturday night. In particular, it’s been ringing in my ears as I read
A friend of mine has been raving to me about a new iphone app called Instagram. Instagram is a service that allows you to “pretty” up your photos and share them with millions of people around the world. It was launched
Did you participate in Al Gore’s Climate Reality Project last week? I wasn’t able to because I was working in Ethiopia (my next post will tell you why), so I’ve been reading up on responses from participants, some of whom have
