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Ibrahim Assane Mayaki



Articles by Ibrahim Assane Mayaki

How Africa’s Economies Can Hedge Against COVID-19

March 27, 2020

The African Continental Free Trade Area will help dismantle tariff and non-tariff barriers amid a pandemic and global recession. Accelerating Africa’s economic integration will cushion its fragile economies and help turn the continent into the world’s largest common market.

JOHANNESBURG – In 2018, 44 countries signed the African Continental Free Trade Area at an extraordinary summit in Kigali. There are now 54 signatories. The agreement will create a tariff-free economic environment to spur business growth, boost intra-continental trade, spark industrialization, and create jobs. To mitigate the economic fallout from COVID-19, African Union (AU) member countries and the continent’s institutions should implement the

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Putting Africa’s Secondary Cities First

May 21, 2019

With Africa urbanizing faster than any other world region, governments there urgently need to craft national development strategies for harnessing the economic benefits that cities can provide. The key will be to focus not just on rapidly expanding megacities, but also on the intermediary cities needed to achieve inclusive growth.

JOHANNESBURG – In the latest Mercer Quality of Living City Rankings, the highest-ranked African city, Port Louis, Mauritius, comes in at 83rd out of 231. That appears to be in keeping with a broader pattern: in terms of the quality of life in its cities, Africa lags behind most other world regions.
The Battle for Brussels

The Big

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Winning the War on Tuberculosis

October 12, 2018

Tuberculosis continues to kill millions around the world each year, especially in Africa. Eradicating the disease is possible, but only if African governments begin developing a multi-sector, integrated approach to containing and controlling it.

JOHANNESBURG – The world is finally waking up to the threat posed by one of the most overlooked diseases of our time. Last month, the United Nations General Assembly (UNGA) hosted the first-ever high-level meeting on tuberculosis (TB) to explore options for international eradication efforts. But, as welcome as this new global focus is, the fact remains that the road to beating TB begins in Africa.

NAZEER AL-KHATIB/AFP/Getty Images

ADRIAN DENNIS/AFP/Getty Images

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Resetting the Africa-Europe Relationship

December 5, 2017

Africa faces a broad range of development challenges, and overcoming them will require huge sums of foreign aid and investment. But as Africa develops, its people will also need partners who recognize that there are mutual benefits to engaging with the continent’s mobile and highly-educated base of human capital.
JOHANNESBURG – In October, the European Union announced a plan to invest €40 billion ($47.6 billion) in Africa, a “Marshall Plan” for the continent that would boost economic growth, create jobs, and, ultimately, slow the migration of young Africans to Europe. “Words won’t convince migrants to stay at home,” European Parliament President Antonio Tajani said. “We must give them a chance to have a decent life.”

The Year Ahead 2018

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Banking on African Infrastructure

October 30, 2017

Africa faces a yawning gap between its infrastructure needs and its ability to attract the foreign investment required to finance projects. The continent’s leaders must recommit to creating a more favorable investment climate, one that can attract capital while limiting investors’ risk exposure.
JOHANNESBURG – As the US Federal Reserve embarks on the “great unwinding” of the stimulus program it began nearly a decade ago, emerging economies are growing anxious that a stronger dollar will adversely affect their ability to service dollar-denominated debt. This is a particular concern for Africa, where, since the Seychelles issued its debut Eurobond in 2006, the total value of outstanding Eurobonds has grown to nearly $35 billion.

Hannelore Foerster/Getty Images

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