
Abebe Aemro Selassie
624 posts

Abebe Aemro Selassie
@aselassie
Director, African Department @IMFNews #InCoffeeVeritas









Africa faces mounting risks just as growth gains take hold. After the fastest growth in a decade, new global shocks amid the war in the Middle East, are weighing on the outlook. Read @aselassie’s latest blog for more: imf.org/en/blogs/artic…





April 16: IMF Releases SSA Latest Economic Outlook Report, Kenya Launches New Tourists Digital Payment App The International Monetary Fund has released its latest outlook for Sub-Saharan Africa, noting that the region remains resilient but faces growing pressure from global uncertainty, geopolitical tensions, and elevated energy costs. Growth for 2026 is now projected at around 4.3%, with import-dependent economies particularly exposed to rising risks. Kenya has introduced TouristTap, a new digital payment platform that allows visitors to link their bank cards to M-Pesa and Airtel Money for seamless cashless transactions. The platform enables direct payments in Kenyan shillings, improving convenience for tourists while supporting local businesses and strengthening the country’s digital payments ecosystem. To energy, Brent Crude rose 2.73%, Natural gas gained 1.23% and RBOB gasoline increased 1.73%. To metals, copper fell 0.06% while platinum dipped 0.63% As the week begins to wind down, make sure to keep in touch here for all the latest on finance, economies, and trade. Visit frontierafricareports.com and subscribe to our YouTube channel for more updates and insights. @frontierafricareports?si=1V2HhU1vawNwS3tH" target="_blank" rel="nofollow noopener">youtube.com/@frontierafric…
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