The majority of African countries recognise the need for structural transformation. They acknowledged this need very early after attaining independence some five decades ago. Unfortunately, such transformation has eluded them while success has been observed in many parts of East Asia. There are...

Despite the massive expansion in global financial markets in the 1990s, this development was felt only marginally in Africa. The lack of comparable expansion and impact in the African financial markets was observed after several years of financial sector reforms in many countries. Following...

Despite considerable improvements in the policy environment in many African countries in the last two decades, it is still difficult for the rest of the world to take Africa seriously. Not taking Africa seriously affects the growth and development outcomes. Investors do not show much optimism...