EOI - Individual Consultant to undertake a study on the Impact of the Economic Reforms in Africa - ECCE
Type de consultant: Individual Consultant
Lieu de la mission: Remote Working
Date de publication: 04-juin-2026
Date de clôture: 12-juin-2026
Domaine: Economy, Statistics
The findings of the study will be used to inform the Bank’s country strategies, economic diagnostics, and operational programming documents. The findings will also form the basis of policy reform dialogue with authorities in the Bank’s member countries. Assessing economic performance of African countries has long been associated with methodological and policy controversies. There is a growing literature on economic benefits of reforms, but with some exceptions. Most studies have focused on individual reforms only and have covered different country samples and measures of reforms, making comparisons across studies and types of reforms difficult. In many cases, deeper reflections are needed to guide policy sequencing and tool selection. Anecdotal evidence suggests recent economic reforms in Egypt, Nigeria and Zambia have yielded mixed results, with Nigeria’s exchange‑rate unification and liberalization, elimination of fuel subsidy, and fiscal restructuring contributing to recent GDP growth to around 4.0% while the resulting spike in price levels (peak inflation 34% in 2024) pushed poverty levels up to around 56%. Zambia's reforms supported by Extended Credit Facility (2022-2025) have focused on restoring macroeconomic stability and fostering higher more resilient and more inclusive growth with Economic growth of 5.2% over 2020-2025 from 2.1% over 2015-2020, and a fiscal deficit of 4.6% of GDP in 2025 from 9% of GDP in 2021. However extreme poverty and unemployment remain a challenge. In Egypt, the IMF Extended Fund Facility (2024–2027) has supported a reduction in the debt-to-GDP ratio from its peak above 90% in 2023, a decline in inflation from around 33% in 2023 to about 20% in 2025, and an increase in international reserves to approximately USD 51 billion by end-2025. However, continued external pressures, exchange rate volatility, and modest and volatile growth highlight the need for deeper structural reforms.
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