Via Project Syndicate, an interesting look at how – amid bleak GDP-based forecasts of Africa’s economic performance – some investors are tempted to write off the entire continent, but those who seize opportunities to gain an accurate and nuanced picture of Africa’s economic performance and prospects could reap vast rewards: Gross domestic product has been […]
Read more »Courtesy of The Financial Times, an interesting look at how Europe’s professional sports clubs are becoming top players in outward direct investment: Europe’s increasingly foreign-owned football clubs are becoming top players in outward direct investment. In March, a delegation from Real Madrid CF met Iraq’s prime minister in Baghdad to talk about setting up a […]
Read more »Via The New Silk Road Monitor, a look at the top ten fastest growing economies in 2019: The IMF has just published its latest World Economic Outlook, including a downward revision to its earlier global growth forecasts for 2019 to 3.3%. So, where is the fast growth coming from? Africa mostly, but also South and Southeast […]
Read more »Courtesy of The Wall Street Journal, an article on Facebook’s plan to give its European and Asian data centers a dedicated and reliable link to growing African markets: Facebook Inc. is circling Africa. Literally. The company is in talks to develop an underwater data cable that would encircle the continent, according to people familiar with the plans, […]
Read more »Via The American Enterprise Institute, an interesting comparison of Somaliland versus Kurdistan: Throughout 1988, MiG-17 fighter jets would take off from an airfield on the outskirts of town. Locals referred to it as the 4-4-4: Within four minutes, they’d be over the city. They would drop four bombs, and then the pilots would collect a $4,000 reward […]
Read more »Via East Asia Forum, a report on Laos: Laos is one of the fastest growing economies in Southeast Asia. On average the country’s economy has grown by 7.5 per cent per year and trade by 17 per cent per year since 2000, reflecting the importance of trade as a key driver of its growth. While […]
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