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Bright Simons

Bright Simons

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Afreximbank downgrade raises questions about bank’s strategy

The African Union has pushed back against the New York-based Fitch Ratings’ downgrade of the continent’s leading development bank.
Outgoing Afreximbank President Benedict Oramah.Outgoing Afreximbank President Benedict Oramah. Luc Gnago/Reuters.

Analysis: How to rethink climate finance for Africa

African countries need to drop complicated strategies aimed at the global development bureaucracy and instead focus on attracting best-fit investors.
An aerial view of a water towers project in Kenya’s Southwest Mau Forest and neighbouring tea estates.Patrick Sheperd/CIFOR