This study investigates what drives the credit cycle, focusing on the role of foreign funded bank credit (FFC …). Considering credit cycles in 41 countries over the period 1985-2015, this study finds that credit booms are associated with an … credit cycles. The impact of FFC on credit booms is however significantly higher in emerging countries. While FFC increases …

when banks do not, their own stress can trigger a contractionary credit supply effect for firms. …

Based on current trends, Africa's population is projected to double in size by 2050. Lagos leads this exponential … population explosion as the fastest growing city in Africa, growing at 77 people per hour. By 2030, Africa's middle- and high …-income groups are expected to grow by 100 million. Africa's 1.1 billion population is expected to have doubled in 2050 and …

Africa's economy has “benefited” from the substantial increases in commodity prices since 2009. While this trend …

The coronavirus (COVID-19) crisis, which has hit financial systems across Africa, is likely to deteriorate banks …