It is dubious that African middle classes by their sheer existence promote economic growth. Their increase was mainly a limited result of the trickle down effects of the resource based economic growth rates during the early years of this century. Their position and role in society has hardly economic potential and dynamics inducing further productive investment contributing towards sustainable economic growth.


America’s policies under the Donald Trump White House are likely to hurt Africa. Nations on the continent should aim to diversify their products away from exporting raw materials, foster home-grown small and medium enterprises and intensify intra-Africa trade. They should also diversify their global trading partners.

Acute by Design

Once we rid ourselves of the false notion that the market economy, as a system, could be objective or benevolent, and we distinguish it from the market as one economic institution instead of a system, we can aptly move towards rejecting the market economy while embracing healthy regulated markets.

Rolling Stone

How can a small club of extremely rich white men who have bullied markets, governments and competitors in the most undemocratic ways, now be looked upon to decree on democracy and accountability merely by the size of their bank balances and trust funds? This perhaps is the most insidious form of state capture.

Julian Smith/AP

Fraudulently under-reporting the price, quantity of a product or service and the value of a commercial transaction in invoices are resulting in Africa and developing countries missing out on billions of dollars in tax revenues, foreign exchange and ultimately development.