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Prospects for East Africa and the Great Lakes in 2023

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PROSPECTS 2023

Prospects for East Africa and the Great Lakes in 2023.

Kenyan president faces economic reform challenges

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KENYA

In this context, he faces major challenges, having promised a policy broadly in line with IMF recommendations -- to strengthen fiscal and debt management, widen the tax base…

New Kenyan president faces uphill challenge to deliver

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KENYA

Most notably, the president promised to reinvigorate the economy through a bottom-up approach that rewards Kenya’s “hustlers” -- those who must work and ‘hustle’ for a living…

Election risks will weigh on Kenyan economy

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KENYA

With all eyes on the political and security implications of the Supreme Court’s landmark annulment of the August 8 polls, elevated political risk is also impacting the economy…

Ghana's new president faces sizeable fiscal challenges

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GHANA

The new government, led by President-elect Nana Akufo-Addo, faces an uphill battle to deliver on its campaign promises. Nonetheless, Akufo-Addo will enter the presidency with a…

Kenya’s IMF programme will help close financing gap

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KENYA

Facing a worsening fiscal situation amid the COVID-19 pandemic but reluctant to participate in G20 debt restructuring, Kenya arguably had few other options than to apply for new…

Prospects for East Africa and the Great Lakes in 2020

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PROSPECTS 2020

Prospects for East Africa and the Great Lakes in 2020.

African states struggle to exit resource trade trap

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AFRICA

The shale revolution has dented the United States' need for African oil, but China's demand remains strong