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This report highlights the opportunities and challenges facing UK firms when investing or conducting business in Africa, with a particular emphasis on the non-extractive sector. It highlights the mutual benefits for Africa, in terms of economic transformation and growth, and for the UK, in...
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A group of low-income countries classified as HIPCs have continued to experience difficulties in managing and servicing their huge stocks of external debt. Most of these countries including Kenya are in Sub-Saharan Africa. The relatively high level of Kenya’s external indebtedness and rising...
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This paper conceptualises foreign aid as a geopolitical form of rent in order to help distinguish the conditions under which aid is detrimental to sustained economic recovery from those where it is beneficial. Foreign aid shares with natural resource rent and contrived (i.e., government...
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Kenya poses a conundrum. Its top-line economic growth has been impressive and it has been one of the fastest-growing economies in sub-Saharan Africa over the past decade. However, poverty has not fallen as fast as it should have in light of this strong economic growth. Extreme and urban poverty...
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