Tag: African economic development
Economic Reforms in Africa’s Largest Economies: Nigeria and South Africa
In tough times, politicians often use metaphors to describe economic reforms. For example, in Ethiopia, Prime Minister Abiy Ahmed compared reform to undergoing surgery for healing. Meanwhile, in Nigeria, President Bola Tinubu defended two...
Reforming Africa’s Top Economies: Challenges and Progress
Ethiopia and Nigeria are facing tough economic challenges as they strive to reform their economies. Recently, Ethiopia floated its currency and entered into a $3.4 billion IMF program, while Nigeria has undergone two devaluations....