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Sub-Saharan Africa Development Futures
The report projects that sub-Saharan Africa's population will grow to 1.976 billion by 2043, with carbon emissions nearly tripling to 650 million tons under the Current Path. While the Current Path sees GDP per capita reach US$5,996, the 'Combined Agenda 2063' scenario—integrating improvements in governance, education, health, and infrastructure—could increase GDP per capita to US$9,798 and drastically reduce extreme poverty to 7.3%. Key sectoral findings include the 'Leapfrogging' scenario's potential to raise electricity access to 81.7% and the 'Free Trade' scenario's role as the most carbon-intensive path, contributing 711 million tons of carbon by 2043.
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Document type: Report
Sub-Saharan Africa Development Futures: Current Path
The report forecasts that sub-Saharan Africa's population will grow to 1.962 billion by 2043, with a significant shift toward urbanization. While regional GDP is projected to increase substantially, reaching between US$6.2 trillion and US$6.7 trillion, GDP per capita growth is tempered by rapid population increases. The region is expected to face increasing food insecurity as agricultural demand outstrips production. Energy production is projected to shift toward renewables, yet total carbon emissions are forecast to rise by over 146% by 2043, with Nigeria expected to overtake South Africa as the region's largest emitter.
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Document type: Report
The Demographics and Health Scenario
The Demographics and Health Scenario explores the impact of targeted interventions in family planning, disease mortality reduction, water and sanitation (WaSH), and child nutrition across Africa. By 2050, the scenario aims to increase modern contraceptive use to 75% in sub-Saharan Africa and 85% in North Africa, while reducing mortality for the top five disease types in each country by 20 percentage points. It also projects an increase in sub-Saharan African average access to safely managed water and sanitation from 29% in 2025 to 61% by 2050. These health improvements are supported by a projected 5% increase in health spending, totaling an additional US$18.9 billion continentwide.
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Document type: Research paper
EAC: Introduction
The East African Community (EAC) is a regional economic community comprising eight member states with a combined 2023 GDP of US$296 billion. While the EAC has established a customs union, common market, and monetary union protocol, its ultimate goal of a political federation has seen progress stall, partly due to the COVID-19 pandemic and regional instability.
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Document type: Report
Remittances to Africa
The document analyzes remittance flows in Africa, noting that in 2023, gross inflows reached approximately US$90 billion. While remittances provide critical household support and macroeconomic stability, the authors warn of a 'remittance trap' and 'Dutch disease' that can hinder long-term economic growth. The paper highlights the use of diaspora bonds in countries like Ethiopia, Kenya, and Nigeria to fund infrastructure, and forecasts that net inflows to Africa will likely increase to US$94 billion by 2043, although their share of GDP is expected to decline.
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Document type: Research paper
COMESA Development Futures
The report analyzes the future of COMESA, projecting a population increase to 982.2 million by 2043. While the 'Current Path' shows a decline in extreme poverty from 35.4% to 18.8%, the 'Combined Agenda 2063' scenario suggests a more dramatic reduction to 4.1%. The analysis highlights significant economic disparities, with Egypt remaining the dominant economy and the largest carbon emitter. Sectoral scenarios indicate that free trade and 'leapfrogging' (renewable energy and digital tech) offer the highest potential for GDP per capita growth, though increased economic activity generally correlates with higher carbon emissions.
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Document type: Report
Leapfrogging
The document examines 'technological leapfrogging' in Africa, focusing on how decentralised renewable energy, mobile finance, and artificial intelligence can overcome infrastructure deficits. It presents a 'Large Infrastructure and Leapfrogging' scenario projecting significant GDP growth and poverty reduction by 2050, while providing policy recommendations to address structural bottlenecks in skills, financing, and regulation.
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Document type: Report
Leapfrogging in the Financial Sector
The research paper examines the 'fintech revolution' in Africa, focusing on how mobile money services like M-Pesa have allowed the continent to bypass traditional banking infrastructure. It details the economic impacts of digital finance, including poverty reduction and GDP growth in sub-Saharan Africa, while noting remaining challenges in cross-border payments and regulatory oversight.
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Document type: Research paper
Meeting Africa’s Infrastructure Investment Need
Africa faces a significant infrastructure deficit, with an annual funding shortfall of US$68–108 billion. The report examines the role of the Programme for Infrastructure Development in Africa (PIDA), the potential of domestic capital—estimated at over US$1.1 trillion—and the challenges of public-private partnerships. It highlights that up to 90% of projects fail before financial close due to poor early-stage preparation, arguing for better project bankability and risk-sharing instruments to attract private investment.
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Document type: Report
The origins of Africa’s infrastructure deficit
The research paper argues that Africa's infrastructure deficit is a cumulative result of colonial-era designs focused on extraction, post-independence mismanagement, and the impact of 1980s debt crises and Structural Adjustment Programs. It notes that colonial railways shaped current urban locations and that recent investments have often focused on prestige projects or specific corridors funded by external partners like China.
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Document type: Research paper
Burhani Solar – Educational facility commercial solar project (Kenya)
Burhani Solar installed a 64 kWp solar PV and 92 kWh battery energy storage system for an educational institution in Mombasa, Kenya, to improve power reliability and reduce operational electricity costs.
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Document type: Case study
Gadgetronix – Grumeti solar system (Tanzania)
GadgetroniX upgraded the energy system at Grumeti Hills Lodge in the Serengeti, Tanzania, to support full lodge operations, laundry, and staff accommodation in a remote environment. The installation features a 40.12 kWp solar array, 200 kWh of containerised lithium battery storage, and a hybrid inverter system to ensure operational stability and energy independence.
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Document type: Case study
The Politics of Coherence
The document argues that policy incoherence is driven not by poor coordination, but by power asymmetries, vested interests, and the prioritization of economic growth over social and environmental goals. Based on research in nine countries, it finds that fossil-fuel interests consistently drive incoherence and that vulnerable groups disproportionately bear the resulting burdens. It calls for a post-2030 framework that moves beyond 'synergies' to address distributional consequences and cross-border spillovers.
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Document type: Executive summary
Climate accountability resolution is a test of climate leadership
The authors argue that the upcoming UN General Assembly resolution to operationalize the International Court of Justice's (ICJ) Advisory Opinion on climate change is a critical test of global climate leadership. They assert that the resolution reflects existing legal obligations to prevent climate harm, provide reparations, and ensure a just transition from fossil fuels. While noting resistance from major emitters and oil producers who seek to weaken the text, the authors maintain that the resolution complements existing UNFCCC processes by closing an 'accountability gap' that the treaty regime has failed to address.
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Document type: Statement
AFRICA EMPLOYMENT FORECAST: THEMATIC FUTURES
The report warns that Africa's labour force growth is outstripping job supply, leaving many dependent on a low-productivity informal sector. It argues that while agriculture and services will provide most jobs, manufacturing offers the highest long-term impact. To avoid social instability and the risk of a missed demographic dividend, the authors advocate for digitisation to formalise the informal economy, massive upskilling in AI and STEM, and a shift in mindset from seeking jobs to creating them through entrepreneurship.
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Document type: Research paper
AFRICA EMPLOYMENT FORECAST: THEMATIC FUTURES
The report argues that African governments must rely on social grants and employment schemes to support populations not absorbed by the economy. It highlights South Africa's expansive but potentially unsustainable grant system and the Expanded Public Works Programme. The text discusses the transition from conditional to universal grants and the use of biometric identification systems, like India's Aadhaar, to reduce corruption. A critical barrier identified is Africa's low tax-to-GDP ratio (16.5%), exacerbated by tax breaks for investors, which limits the funding available for these social protections.
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Document type: Report
Unlocking Climate Risk Insurance: The Role of Public Development Banks
The report argues that public development banks (PDBs)—including national, regional, and multilateral institutions—are uniquely positioned to overcome structural and market barriers to climate risk insurance in EMDEs. It identifies key barriers such as data gaps, underdeveloped local capital bases, and fragmented regulatory frameworks. The document proposes a tiered approach where National Development Banks (NDBs) focus on local market development and project pipelines, Regional Development Banks (RDBs) coordinate risk pooling and shared data infrastructure, and Multilateral Development Banks (MDBs) provide catalytic capital and credit enhancement. Key recommendations include the use of targeted premium subsidies with sunset clauses, the bundling of insurance with loans, and the creation of regulatory sandboxes to foster innovation in parametric insurance.
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Document type: Report
Why capital market development matters and where the focus should be
The report asserts that capital markets are essential for African economies to finance climate adaptation, infrastructure, and demographic shifts amidst declining foreign aid and FDI. It argues that while public equity markets have limited utility for smaller or frontier markets due to high costs and information asymmetries, corporate bond markets and hybrid structures—combining public disclosure with private flexibility—offer more practical pathways. The author emphasizes that macroeconomic stability and pension reforms are foundational to increasing the domestic savings base. The document recommends using guarantees, pooled investment vehicles, and project preparation platforms to increase institutional investor confidence and develop bankable projects in infrastructure, housing, and MSMEs.
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Document type: Report
India and Africa: bridging the gap between words and deeds
The report examines the mismatch between India's diplomatic rhetoric and its actual economic and institutional footprint in Africa. While India possesses comparative advantages rooted in historical ties, shared post-colonial values, and expertise in digital public infrastructure and pharmaceuticals, it lags behind rivals like China in trade, investment, and credit provision. The author identifies fiscal constraints, bureaucratic inefficiency, and reputational risks as primary barriers and recommends a coordinated 'multi-actor Africa policy' focused on high-impact sectors and strategic partnerships with anchor states including South Africa, Nigeria, Kenya, and Egypt.
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Document type: Report
Credit Rating Agencies in an African Context
The document argues that major private credit rating agencies (CRAs) employ subjective, biased, and procyclical methodologies that unfairly inflate the risk premiums for African nations. This 'credit rating impasse' increases the cost of capital, hinders debt restructuring, and obstructs the deployment of climate finance. To counter this, the author supports the African Union's endorsement of the Africa Credit Rating Agency (AfCRA) to be based in Mauritius. The brief recommends that African nations improve data transparency, build debt management capacity through partnerships with the IMF and AfDB, and implement legislative oversight via debt sustainability laws to improve their macroeconomic fundamentals and challenge inaccurate ratings.
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Document type: Policy brief