Via Semafor, a look at Nollywood’s evolution and growth: Nollywood, the movie production and distribution system that started out in Nigeria in the 1990s, used to be known for its physical formats — VHS tapes, then video CDs — which fans bought at local street markets and shared with friends and family. But over the last […]
Read more »Courtesy of The Africa Report, commentary on why – while Egypt and Ethiopia were welcomed into the exclusive club of nations destined to dominate the world economy by 2050 – Nigeria was left out: Cyril Matemola Ramaphosa, the president of the Republic of South Africa and host of the 2023 BRICS summit, announced on Thursday […]
Read more »Courtesy of Bloomberg, a report on Malaysia’s controversial Forest City which now faces questions over the financial health of its developer, the Chinese giant Country Garden: To get to the strange city just off the coast of southern Malaysia, a visitor drives a road slithering through palm tree plantations and suburban sprawl. Eventually it becomes […]
Read more »Via Al Monitor, a report that some economists believe BRICS membership will give Egypt a chance to ease pressure on the dollar, but is not a quick remedy for the country’s economic woes: Egypt will become a full member of the BRICS club of emerging economies as of January 2024. The group had approved Cairo’s request to […]
Read more »Via Medium, commentary on Indonesia’s economic potential: Developed Economies Become So Advanced, They Can’t Even Grow Anymore In a shocking revelation from the world of economics, it turns out developed economies have become so wonderfully sophisticated and mature, they’ve basically maxed out the game of capitalism. That’s right. Western countries are now the equivalent of […]
Read more »Courtesy of Foreign Policy, an article on how Africa’s rapid population growth is about to hit the countries whose economies and climates are least equipped to handle it: The world’s population of about 8 billion is expected to reach 10.4 billion by 2100, a growth largely driven by a phenomenon called “population momentum.” Population momentum […]
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