Via Rest of World, a report on efforts to transform Zambia into Africa’s low-tax startup hub: Flutterwave and Chipper Cash, two of Africa’s most valuable tech companies, are part of a new group leading efforts to turn Zambia into a business haven for the continent’s startups, according to startup founders involved in the plans. The Zambia […]
Read more »Via WorldCrunch, an article on some glimmers of hope for Iraq as the country tries to rebuild following four decades of war and embargoes: With a vast office located at the top of a tower fiercely guarded by the army and a bell to call the staff, Khalid Hamza Abbas is obviously a powerful character, […]
Read more »Via the Asia Times, an article on Telenor’s agreement to sell leading digital pay platform to local-led consortium as foreign investors stampede for the exits: The Telenor Group has agreed to sell its majority share in digital financial service provider Wave Money to a consortium led by Myanmar tycoon Serge Pun’s Yoma Strategic, the latest […]
Read more »Via Emerging World, a look at Fitch’s 2022 Asia Pacific forecasts: We recently viewed the latest Asia Pacific forecast put out by Fitch. On a broad level, they see regional growth to slow, weighed down by China. In ‘21, Emerging Asia grew above 7%, but it hovers around 5.7% in the Fitch forecast for ‘22. But […]
Read more »Via The Atlantic, a report on how – in the midst of the country’s economic collapse – casinos, and the dollar, are king again: The monkey entered the casino after midnight. It clung to the arm of a short man with a military haircut. The man stood and watched the action at the roulette tables […]
Read more »Via McKinsey, a link to a detailed report on how Africa’s economic growth is creating substantial new business opportunities that are often overlooked by global companies, where consumer-facing industries, resources, agriculture, and infrastructure together could generate as much as $2.6 trillion in revenue annually by 2020, or $1 trillion more than today: Africa’s collective GDP, […]
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