Abebe Aemro Selassie, Director of the African Department, International Monetary Fund
Amaka Anku, Africa Practice Head, Eurasia Group
Gyude Moore, Senior Policy Fellow, Center for Global Development
African countries still recovering from the long-run economic impacts of COVID have now found themselves hit with new economic stresses, thanks to the Russian invasion of Ukraine. Food and fuel prices have spiked sharply, putting pressure on government budgets and household incomes. In the longer term, slowing global growth may cut into much-needed investment in Africa.
What can African governments and the international community do to defuse a brewing food crisis, enhance economic diversification, and kickstart Africa’s economic recovery? Abebe Selassie of the IMF and Amaka Anku of the Eurasia Group join CGD’s Gyude Moore to discuss these issues and the IMF’s most recent sub-Saharan Africa regional economic outlook.
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