From a new report by the Infrastructure Consortium for Africa on external funding of infrastructure projects in Africa: In 2011 total external financial commitments/investments in African Infrastructure declined to 2009 levels. Overall commitments totalled US$41.5billion – a decline of 26% compared with 2010 figures. Commitments from ICA Members declined by 56% to US$11.9billion as compared to 2010… Read More »
Jolyon Ford of Oxford Analytica: I wonder if we should perhaps think of sub-Saharan Africa as a collection not so much of jointly emerging markets, but of diverging ones. Last week I was privileged, under the umbrella of the commendable ‘Invest in Africa’ initiative, to join experienced businesspeople in London discussing endemic inaccurate negative perceptions by outsiders of… Read More »
I review Edward R. Carr’s book for SAIS Review. An excerpt: Underlying typical research is the assumption that a more intense integration into the global market economy is the solution to development problems, and that GDP growth brings an improvement in the well-being of a country’s citizens. Most existing development indicators have these same assumptions… Read More »
The Executive Summary: African countries south of the Sahara are poised to enjoy a surge in growth in their banking systems during this decade. The three main drivers of this development will be generally very high rates of economic growth, financial deepening to fulfil huge unmet needs for basic financial services and new technologies to… Read More »
Sometime last week I attended a podium discussion at the Berlin Humboldt University. The topic was Africa as the laboratory of globalisation. The idea was to discuss different ways in which Africa serves as a laboratory for ideas that then travel to other parts of the world. Some of those on the podium are STS… Read More »
The Economist talks to China Europe Business School’s Africa Programme Director, Kwaku Atuahene-Gima, about the reason the Chinese business school decided to establish a branch in Ghana: CEIBS has been instrumental in developing the business talent that has helped China develop,…. The Europeans and Americans were the colonisers of Africa, but there was not much… Read More »
… is the title of a recently published book by Kate Meagher of LSE’s Department of International Development, my friend and fellow student of African trade networks and informal economy. Nicolas van de Walle writes in Foreign Policy about the book: Within development circles, conventional wisdom has it that successful manufacturing sectors often develop in low-income… Read More »
Off to Basel tomorrow for an African Borderlands Research Network conference. As part of a panel on a comparative study of cross-border trade networks in Africa, I will be presenting a paper titled “Benin-Nigeria secondhand clothing cross-border trade in historical perspective”. The abstract: Today, Benin Republic is the main supplier of secondhand clothing to Nigeria,… Read More »
A new book by Milford Bateman, who is described as “a freelance consultant specialising in local economic development policy, particularly in relation to the Western Balkans,” is described in the following terms on the publisher’s website: Over the last thirty years or so, microfinance has risen to become one of the most high-profile policies to… Read More »
Stephen Smith writes in the BBC Focus on Africa Magazine about the relationship between France and its former colonies in Africa. One of the things he looks at is what has changed after the fall of the Berlin Wall and what has not. There is a little about the economic relations, but I miss a… Read More »