Although the International Monetary Fund (IMF) is known as a “lender of last resort”, according to its own statements it is much more. It works to achieve sustainable growth and prosperity by supporting economic policies that promote financial stability and
In November 2023, news of a company operating “power” ships that send electricity to African and other countries hit the headlines – as the firm had cut lines to Sierra Leone and Guinea Bissau due to missed payments. Although we
If you are looking to understand or invest in large scale renewable energy on the African continent, look no further! Today, Development Reimagined has launched our new Renewable Energy Briefings. The briefings are designed to provide Chinese and other investors
Speech delivered by Development Reimagined CEO Hannah Ryder during the launch of the 2023 Chinese Investment in Africa report and the Senior Officials meeting on FOCAC, 24th October 2023. Excellencies, distinguished guests, ladies and gentlemen, Firstly, I would like to
In October, the world’s attention was firmly placed on China, as the 20th National Congress of the Communist Party of China (CPC) commenced. Not only is the CPC among the most important events in China’s political system (it decides the
It’s an often-cited fact that the African continent is particularly vulnerable to the direct and indirect effects of climate change – a vulnerability that has been exacerbated by the ongoing Covid-19 pandemic – while being responsible for just a tiny
Back in September 2020, President Xi Jinping announced China would aim for carbon neutrality by 2060, followed by setting more ambitious Nationally Determined Contributions (NDCs) for 2030. Such bold commitments appeared to reflect Beijing progressing towards adopting climate-friendly policies, premised on low-carbon and
As the co-chair for the upcoming 2021 Forum on China-Africa Cooperation (FOCAC), Senegal is in a unique position to negotiate a better relationship with China as well as support other African countries to do so as well. At Development Reimagined,
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
We have been tracking African governments actions since the outbreak of the Covid-19 pandemic, and calculate that currently, African countries are spending around 2.5% of GDP to combat Covid-19’s impacts. While this is this is significantly below spending by other
Zhunjing de ge wei laibin, nushimen, xiangshimen, pengyoumen, da jia hão! Vice President Lu Cairong Chairperson Frolick Ambassador Zhao YanBo Distinguished Excellencies, guests ladies and gentlemen, dear friends, it is a pleasure to be here and I would like to
In order to mitigate the ongoing impact of COVID-19, it will be essential to reignite growth – in particular trade, finance and people flows to, from and between African countries. Much of these flows rely on increased infrastructure and connectivity, as well
An activist explains how to wear a face mask in Nairobia’s Mathare slum. Photo Credit: Fredrik Lernery/AFP/Getty Policy Brief: COVID-19- Impacts on African economies April 2020 The impacts of the “COVID-19 shock” on African economies are unfolding rapidly and can be
This week, the United Kingdom held the UK-Africa Investment Summit, whereby the country committed to strengthening its economic partnerships with African nations and announced commitments to support job creation, trade and investment across Africa, including a £20 million programme that
President Jin Liqun, President Ahmed, Distinguished leaders, guests, ladies and gentlemen, It is an absolute honor to welcome you all to this conference. Thank you in particular to those who have travelled literally across the globe to be here. I
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
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’s infographic series Trade is always changing. It’s a fact of life. According to economic theory, there will always be some countries or areas that have advantages – cost and efficiency wise – in producing certain goods over others.
