Via Quartz, an article on MTN Nigeria’s move into formal banking: The fledgling mobile money market in Nigeria is about to get a major shake-up. MTN Nigeria, the country’s largest telecoms operator, has been granted a “super agent” license which allows it set up an agent network through which it can provide financial services. It’s the first […]
Read more »Via Radio Free Europe, an interesting article on how Uzbek officials – amid reforms at home – recently made their pitch to investors in New York: After a quarter-century under Islam Karimov, whose repressive rule brought a strong measure of economic isolation, Uzbekistan is taking steps to open its economy to foreign investment. The latest […]
Read more »Via The Diplomat, a look at Tashkent’s efforts to increase trade cooperation with Afghanistan: Tashkent is set to become a dominant trade partner to Afghanistan as the two sides continue to negotiate on major projects. Uzbekistan has focused on fostering trade relations both globally and regionally. Tashkent has chased and negotiated various trade opportunities, and one […]
Read more »Via Forbes, a report on Kazakhstan’s planned finance center: Kassym-Jomart Tokayev is the new president of Kazakhstan, and the country’s signature financial event, Astana Finance Days (AFD), is supposed to highlight this man’s vision of making this place a freer market than it was even a year ago. Last year, the four-day AFD brought in […]
Read more »Via Ozy, an article on Angola: Not far from the flashy skyscrapers of downtown Luanda, the capital of one of Africa’s supposedly richest countries, is a public morgue. Celestino Chivava, who worked in the Angolan oil industry until he lost his job after the price collapse of 2014, describes how families wash the bodies of […]
Read more »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 […]
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