"In 2019, African heads of state and governments launched in fanfare the African Continental Free Trade Agreement (AfCFTA), a historic agreement for economic transformation across the continent. But now comes the hard bit: how to make the agreement a success? In this book, senior experts from...

The purpose of this study is to examine the role of corruption in a context of weak democracy on the relationship between financial development and growth. Using data from 28 sub-Saharan African countries covering the period from 1990 to 2017, we implemented two estimation methods: the smooth...

Chad remains among the least developed countries in the world; its GDP per capita has contracted since 2015, preventing the country from reducing poverty and from improving development outcomes. Progress on reducing poverty has stalled, and the number of extreme poor has increased, with both...

Chad remains among the least developed countries in the world; its GDP per capita has contracted since 2015, preventing the country from reducing poverty and from improving development outcomes. Progress on reducing poverty has stalled, and the number of extreme poor has increased, with both...

Uganda?s economy underwent significant structural change in the 2000s whereby the share of non-tradable services in aggregate employment rose by about 7 percentage points at the expense of the production of tradable goods. The process also involved a 12-percentage-point shift in employment away...