Blog

Many emerging markets, especially in sub-Saharan Africa, have seen solid GDP growth in the past decade driven mainly by natural resources. But with falling commodity prices and Chinese demand dwindling, those with overly resource-dependent economies are being caught. Companies seeking to invest in emerging markets should be on the lookout for those countries that have invested in diversifying their economies. That will often mean having Ethiopia on their shortlist. In...

Concepts, constraints, and conquests. These three words keep popping in to my head as people ask me how things went at the United Nations’ major financing for development (FFD) conference last week in Addis Ababa, Ethiopia.  Allow me to explain why. Concepts Addis was probably the most earnest international summit I have ever attended. Most political pronouncements were muted. The event seemed to frame a natural deadline for establishing a...