Getty

Africa’s share of global trade remains insignificant because it faces numerous challenges: customs procedures, a lack of infrastructure and information as well as poor market integration. While there are expectations that the EU trade policy and the WTO negotiations could improve Africa’s trade, there is an increasing need for African countries to consider other alternatives for trade performance.

Deloitte

Deloitte says it wants to fight tax evasion, and yet they give advice on how to divert money. The audit firm has been trying to woo investors to use its services, with the promise of multiple tax advantages for their projects in Africa, thus each year depriving the poorest states of the world of hundreds of billions of dollars in revenue.

Students NG

Business-oriented analysis of the middle class in Africa is superficial, preoccupied purely with number crunching in terms of income and expenditure. In contrast, new scholarly interest in the African middle class offers a deeper analysis of cultural factors and identities, consciousness, social positioning and relations to other groups as well as institutions and the state.

Amazon

The much sought after foreign direct investment is more about political control of the developing world than economics. Playing with fire is an apt description of the risk that the developing countries take in inviting foreign investments. This is not to say that FDI should be barred by Africa, but it is to underscore the point that policy-makers must be wary of the ghosts lurking behind its mask.

John Rapley

A review of ‘Twilight of the Money Gods: Economics as a religion and how it all went wrong’ by John Rapley. London; New York; Sydney; Toronto; New Delhi:  Simon and Schuster. 2017.

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