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IMF’s African Push Reopens Old Wounds

Wall Street Journal Original article ›

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The IMF in Africa in 2016 following the collapse in commodity prices

03/05/2016

Grouped Articles

IMF’s African Push Reopens Old Wounds

Wall Street Journal 03/05/2016

Young, Urban and Poor: Africans Fight Back

WSJ 02/05/2019

The impact of a stronger U.S. dollar on Africa- the situation in Uganda, Zambia, Nigeria, S. Africa, and other countries with depreciating currencies

03/25/2015

The lack of $30 million in dollar funds leads to closing of a refinery and long lines in Lusaka,, Zambia. A large supermarket in Kampala, Uganda, has empty shelves for imported products as it becomes costlier to import with a depreciating currency. Flights on a Portugal run airline into Angola now cost more. Infrastructure improvements are being delayed because of the extra cost. Throughout Africa one can see the impact of an appreciating U.S. dollar.

Grouped Articles

Dollar’s Rise Stings Africa

Wall Street Journal 03/25/2015

Businesses Seek Out New African Frontiers

Wall Street Journal 04/01/2015

African Pensions Funds Invest in Infrastructure Projects

Wall Street Journal 05/08/2015

Mining Collapse Cripples Africa’s Dreams of Prosperity

Wall Street Journal 03/04/2016

IMF’s African Push Reopens Old Wounds

Wall Street Journal 03/05/2016

Nigeria Grapples With Abrupt End to Rapid Growth

Wall Street Journal 04/12/2016

Nigeria's economy and the crisis in 2015 with lower oil prices, depreciating currency and decline in foreign investment

03/31/2015

The insurgency in the northeast leads to lack of security, leading to a decline in foreign investment. This adds to the problems created by lower oil prices in 2015, and the depreciating currency. Muhammadu Buhari, a northerner was elected by a 10 point vote margin in March 2015 to help improve the economic situation in Nigeria, Africa's largest country. The U.S. and Europe show a willingness to help the new Nigerian government tackle the many problems it faces.

Grouped Articles

Businesses Seek Out New African Frontiers

Wall Street Journal 04/01/2015

In Nigeria’s Election, Muhammadu Buhari Defeats Goodluck Jonathan

New York Times 03/31/2015

Muhammadu Buhari, a Familiar, and Now Less Divisive, Choice in Nigerian Election

New York Times 03/31/2015

Nigeria’s election: Three cheers for democracy

Economist 04/05/2015

Africa and commodity prices: No longer the kiss of death

Economist 04/30/2015

Former Strongman, Taking Over Presidency, Raises Hope in Nigeria

New York Times 05/26/2015

South Africa's economy in 2014-2017

12/14/2014

Deteriorating prospects for foreign investment in South Africa for 2015. Economic growth is forecast by the IMF to remain below 2.5% for years till the power situation is tackled. Growth is estimated in 2014 at a mere 1.4%, not enough to reduce high unemployment of over 25%. Lower commodity prices for mining exports, and a decline in the value of the rand reduce any benefit from lower oil prices. The government of president Zuma is seen as ineffective in tackling power shortages, and making changes at electricity company Eskom which suffers from cash shortages.

Grouped Articles

South Africa Faces Credit Scrutiny Amid Blackouts

Wall Street Journal 12/14/2014

Dollar’s Rise Stings Africa

Wall Street Journal 03/25/2015

Businesses Seek Out New African Frontiers

Wall Street Journal 04/01/2015

Africa and commodity prices: No longer the kiss of death

Economist 04/30/2015

Weak Power Grids in Africa Stunt Economies and Fire Up Tempers

New York Times 07/02/2015

The Betrayal of Mandela’s Promise

Wall Street Journal 08/20/2015

The bond market in Africa 2012-2015

02/11/2014

Grouped Articles

Africa Offers Growth Chance

Wall Street Journal 02/11/2014

IMF’s African Push Reopens Old Wounds

Wall Street Journal 03/05/2016


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