Opinion Papers

Rush For Africa’s Digital Financial Services

11 January 2017

There are roughly 2.5bn people around the globe in lower- and middle-income countries who have no access to banking services. The potential for the expansion of digital financial services, which includes mobile banking and all…

Implications of the OPEC oil production cut

22 December 2016

On 30 November the Organisation of Petroleum Exporting Countries (OPEC) finally reached agreement on the details of a long-awaited oil supply cut. This apparently confirms a shift in its strategy after two years of ‘low’…

A Variegated Picture of the Global Economy and its Spillovers

9 September 2016

The global economy is expected to show a modest upturn in 2016, especially the US and Japan. The UK will experience the negative effects of Brexit, as it experiences economic slowdown. The Bank of England…

Potential implications of Brexit for African Economies

31 July 2016

In a tense referendum, the British people voted by a narrow margin for the United Kingdom (UK) to leave the European Union (EU) on 23 June. Those in favor of rescinding membership of the EU…

US Interest Rate Lift-off: Macroeconomic Implications for Emerging Market and African Economies

1 January 2016

After several months of anticipation, the US Federal Reserve Bank raised its benchmark short term interest rate - the Federal Funds rate – from a 0-0.25 percent target range to a 0.25-0.5 percent range on…