Business and Technology Reporter in Nairobi, Kenya
Nation Media Group
The series of central bank rate hikes and public finance reforms by African countries have yielded fruit as the economic outlook appears promising in the foreseeable future, signalling a possible end to the economic difficulties that have bedevilled the continent over the past few years.
At the International Monetary Fund (IMF) and World Bank Group annual meetings in Marrakesh, Morocco, this week — the first on African soil in 50 years — the Bretton Woods institutions had good news for the continent, after years of bad news and sometimes unpopular policy recommendations.