Time For Emerging Markets To Prepare For The AI Revolution
August 12th, 2023
Via the World Economic Forum, a look at why emerging markets must prepare for the generative AI revolution given its potential to revolutionize economies and people’s daily lives: Generative AI tools like ChatGPT offer great potential for emerging markets, including raising living standards and shortening their path towards achieving sustainable development. Not only can they […]
Read more »For Emerging Markets, ESG Will Not Work Without Economic Growth
August 12th, 2023
Courtesy of Nikkei Asia, commentary on the need for ESG strategies to be aligned with inclusive long-term development plans: As new World Bank President Ajay Banga visits Pacific island states and other bank clients around the world, the question of how much to prioritize growth versus societal demands regarding environmental, social and governance (ESG) goals […]
Read more »The Path to Greater Productivity and Prosperity in Africa
August 11th, 2023
Via McKinsey, an interesting interview with McKinsey partner Mayowa Kuyoro and senior partner Acha Leke on how Africa is poised for a reimagining of its economic opportunity, outlining the strengths and assets the continent has that can help it vastly improve its productivity and reinvigorate its economy. Roberta Fusaro: Acha and Mayowa, you were both among […]
Read more »TikTok Takes on Shopee and Others in ASEAN e-Commerce Race
August 11th, 2023
Courtesy of NikkeiAsia, a report on TikTok’s aggressive emergence into ASEAN’s e-commerce marketplace: TikTok is emerging as one of Southeast Asia’s most prominent e-commerce platforms, with sales growing sevenfold in one year as it attracts a wave of young, tech-savvy users with shopping and entertainment features. The rapid rise of the world’s most popular short […]
Read more »Africa Is Way Bigger Than You Think
July 30th, 2023
Africa is bigger than China, India, the contiguous U.S. and most of Europe—combined! Scientific American published a correctly proportioned image some years ago to show how the continent of Africa swallows up these nations, with Japan thrown in: Look at the usual flat map of the world and it appears that Greenland is nearly as big as […]
Read more »Why Africa Talks So Much About Infrastructure
July 28th, 2023
Via the Wilson Center, commentary on Africa’s infrastructure needs: A study by the Infrastructure Consortium of Africa shows that poor infrastructure—roads, railways, harbors, etc.—adds 30-40% to the costs of goods traded among African countries. For many years, the “grand bargain” in our development assistance for Africa is that we would work as true partners with […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.