Africa's non-oil commodity exports are inelastic
It has now been close to two years since several African nations saw serious devaluation in their currencies. However, it is now clear...
Wealth creation is the key to Africa's development
Consumption is a fundamental driver for growth. When disposable income and consumption rise, so does demand for goods and services. This...
Demographic time bombs are constricting development
In select countries in Eastern Europe, death rates now exceed birth rates. More deaths and emigration (those leaving a country), are...
Honoring Huda Sha’rawi
On international women’s day, I scoured Arab media for any mention of Huda Sha’rawi (June 23, 1879 – December 12,1947), but there were...
The health of nations
In the rational world, the health of nations is assessed based in large part on consumption trends. If consumption, discretionary income,...
Is Africa's private sector the key to its development?
Africa’s private sector accounts for over 80 percent of total production, two thirds of total investment, and three fourths of lending...
Africa's great state enterprise sell-off
If I make x and spend x+1, I accumulate debt. If I fail to make my debt payments, traditional lenders like banks won’t lend me any more...
The days of protecting major national currencies in Africa are over
From the second quarter of 2022, the US dollar’s global rapid appreciation negatively impacted the finances of government’s of developing...
Is the AfCFTA enough to advance Africa’s development?
Africa, more than anything else, needs economic integration to prosper. Economic integration is effectively the merging of African...
The economic colonization of Africa
For all of us that have studied history, it is rampant with stories of how world powers throughout the millennia have colonized nations...
