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Hippolyte Fofack
By Hippolyte Fofack - May 15,2022
CAIRO — On May 4, the United States Federal Reserve (Fed) raised its benchmark interest rate by half a per centage point in an aggressive attempt to curb surging US annual inflation, which currently stands at a four-decade high of 8.3 per cent.
By Hippolyte Fofack - Mar 07,2022
CAIRO  —  The African Continental Free Trade Area (AfCFTA), which entered into force on January 1 last year, promises to accelerate the diversification of the region’s economies and reduce the impact of commodity-price cycles on growth.
By Hippolyte Fofack - Jan 06,2022
CAIRO – More than 20,000 Africans were killed in violent conflicts in 2020, an almost tenfold increase from a decade ago. Concurrently, and perhaps not coincidentally, Sino-American rivalry has escalated sharply.
By Hippolyte Fofack - Oct 27,2021
CAIRO — Economic policy debates about Africa are too often clouded by calls for population control and lower fertility rates. And the United Nations is fuelling the problem by projecting that Africa’s population will double by 2050.
By Hippolyte Fofack - Aug 10,2021
CAIRO — In 2020, the COVID-19 pandemic triggered Africa’s first recession in a quarter-century and, with it, an avalanche of sovereign credit-rating downgrades across the region.
By Hippolyte Fofack - May 16,2021
CAIRO — In 2020, the COVID-19 pandemic caused Africa’s first recession in 25 years.
By Hippolyte Fofack - Apr 11,2021
CAIRO — The African Continental Free Trade Area (AfCFTA), which came into effect in January, could be a game changer in helping to lift the continent out of poverty and onto the path of long-term prosperity.


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