Thursday, August 3rd, 2017


Figures of the week: CPIA Africa assesses policy and institutional quality

By Mariama Sow According to a recent World Bank report, policy and institutional quality weakened in sub-Saharan Africa last year, as 40 percent of countries saw a deterioration in overall quality of policy and institutions, largely attributed to the global slowdown in economic growth and challenging domestic conditions, such as high borrowing and poor domestic resource mobilization.  The World Bank’s Country Policy and Institutional Assessment (CPIA) Africa is an annual report covering 38 countries that describes the trends in the quality of policies and institutions in African countries. CPIA scoresRead More

The perils of lobbying in Africa

THE first rule for public-relations firms is not to become the story. In South Africa Bell Pottinger, a British firm, has done just that. In May, e-mails between one of the firm’s employees and Duduzane Zuma, a son of President Jacob Zuma, were leaked to South African newspapers. Bell Pottinger had been hired by a company owned by the Gupta family, a trio of Indian businessmen brothers who are chummy with the president, to bolster their image. One can see why they might seek such help. A report by aRead More

Morocco and Algeria keep building more barriers

Not the best way to enhance trade HAD Algeria and Morocco honoured their agreement back in 1989 to form an economic union, along with Tunisia, Libya and Mauritania, they would be among the Middle East’s largest economies. Their poor border regions would be booming crossroads. Over the decade to 2015, reckons the World Bank, their two economies would each have almost have doubled in size. Instead, Algeria grew only by 33% and Morocco by 37%, as both governments instead reinforced their barricades. Their north-west corner of Africa remains “the mostRead More

After conquering Benghazi, what will Libya’s new strongman do next?

STUBBORN and self-serving, Khalifa Haftar has long been seen as a spoiler of efforts to end the conflict in Libya. The forces under his command in the self-styled Libyan National Army (LNA) have mostly added to the chaos, not helped to resolve it. Yet General Haftar was greeted like a statesman by Emmanuel Macron, the French president, in Paris on July 25th. There he encountered Fayez al-Serraj, a rival who leads the UN-backed government based in Tripoli, the capital. Their first meeting, three months earlier, produced nothing. So it cameRead More

How to tackle one of Africa’s nastiest problems

Incurable, but preventable IN A clearing close to the entrance of Kenya’s Meru National Park, a bronze statue of a buffalo can be seen standing on a plinth. Despite the best efforts of local elephants who occasionally mistake it for a real buffalo and attack it, it is there to commemorate the site of the final outbreak of rinderpest, a cattle disease similar to measles, which was eradicated in 2011. Rinderpest has plagued Africa and other parts of the world ever since cattle were domesticated. In the 1980s an outbreak,Read More

Israel’s submarine scandal

The more the merrier IN A police guesthouse somewhere in Israel, a retired naval captain is writing his explosive memoirs. Michael Ganor’s story will not dwell on his exploits on the high seas. It will talk of bribe-trousering generals and politicians. Mr Ganor was the representative in Israel of ThyssenKrupp, a German industrial firm, and the middle-man in some of the largest arms deals in recent years between Israel and Germany. On July 21st he signed a state’s witness arrangement with Israel’s justice ministry, agreeing to serve a reduced sentenceRead More

Bitcoin divides to rule

COMPARED with Brexit, Bitexit seems a piece of cake. On August 1st, without much agonising or awkward negotiation, a group of Bitcoin activists and entrepreneurs managed to create a second version of the crypto-currency. It immediately gained a following: in less than a day of existence, the value of a unit of “Bitcoin Cash” jumped to over $600, and tokens worth more than $10bn were in circulation (although that is still much smaller than Bitcoin classic, which stood at about $2,700 and nearly $45bn). This “fork”, as such events areRead More

At 17, This Entrepreneur Worked the Cash Registers. Now, He’s a Vice President of the Same Company.

How Nick Scarpino grew as a marketer and what you can learn from his techniques. Powered by WPeMatico

Turn Lost Presentation Leads Into Closed Sales

Tips for reaching out to the people who never registered for, showed up to or purchased something from your presentation. Powered by WPeMatico

4 CEOs Share Their Secrets on How to Dominate Your Market

How can you emerge from today’s ever-constant competition? Powered by WPeMatico