Analysis Brief

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Issue Guide: Africa and the Global Financial Crisis

May 2009


Due to Africa's undeveloped financial markets, the continent's economies remained largely buffered from the financial problems experienced in the United States, Europe, and other parts of the world. It has not escaped the crisis unscathed, however. Falling demand internationally has dampened African exports. Tightening trade flows have also posed a problem for many of the continent's countries. More pressingly, the crisis has strained international aid organizations, limiting their ability to provide humanitarian relief to some of Africa's poorest countries.

The following is a list of resources on how the crisis has affected African economies.

Financial System Implications

The Impact on Aid

Ongoing Economic Challenges

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