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Zimbabwe: At The Crossroads

Zimbabwe's 24-25 June 2000 parliamentary election resulted in President Robert Mugabe's ruling ZANU (PF) party retaining power. However, the nine month old opposition party, the Movement for Democratic Change (MDC), made an impressive showing, winni…

Zimbabwe: The Politics of National Liberation and International Division

Despite the rising humanitarian costs of the crisis in Zimbabwe, the international community remains deeply divided about its response, allowing President Mugabe to believe that he can exploit the policy fissure between - broadly - the West and Afri…

Zimbabwe: What Next?

In the aftermath of the deeply flawed March 2002 presidential election, Zimbabwe has dropped off the radar screen of most policy-makers and media but its crisis is deepening: * the ruling ZANU-PF party and the government are systematically usin…

Zimbabwe in Crisis: Finding a Way Forward

Zimbabwe is in a state of free fall. It is embroiled in the worst political and economic crisis of its twenty-year history as an independent state. The crisis has negatively affected virtually every aspect of the country and every segment of the pop…

Zimbabwe's Election: The Stakes for Southern Africa

Since the intensification of Zimbabwe's political, economic and humanitarian crisis following defeat of a government-sponsored constitution in a national referendum nearly two years ago, the International Crisis Group (ICG) has documented the escala…

Zimbabwe: Three Months after the Elections

In the immediate aftermath of Zimbabwe's 24-25 June 2000 Parliamentary elections, many Zimbabweans optimistically expected that their country would begin to return to normal-leaving behind the six months of violence, intimidation, farm invasions, ra…

Algeria's Economy: The Vicious Circle of Oil and Violence

The crisis in Algeria, now a decade old, is not merely a consequence of the interruption of the December 1991 elections by an army-backed coup to keep the Front Islamique du Salut (FIS: Islamic Salvation Front) from power. It is also an economic cri…

Foreign Investments and Livelihoods in Northern Zambia

This study employs a wider livelihoods approach to challenge some insular neo-classical economic narratives on the nature, process and impact of large-scale land acquisitions on smallholder farmers living on Africa’s customary land. Large-scale la…

Dynamics of South African Investment in the Rest of Africa

Given South Africa’s dominant economic role in the Southern African, and broader African, regions, it is important to understand the dynamics of investment from this country into the rest of Africa. This discussion paper aims to contribute to this u…

The Dynamics of South African Investment in the Rest of Africa - Policy Briefing

Historically South Africa has been one of the largest investors in Africa. Yet in recent years it has been facing growing competition from other investors – both from outside Africa (notably, China) and from other African countries. South African po…

Conditional Pricing of Currency Risk in Africa's Equity Market

In this paper, we sought to establish whether Africa’s volatile currencies drive equity risk premium. We use the stochastic discount factor (SDF) framework to estimate various conditional specifications of the International Capital Asset Pricing Mod…

Nigeria Economic Update Issue No.44

The first article is titled: Domestic and Foreign Portfolio Investment. Total transaction at the national bourse increased by 15.95 percent from Naira 121.9 billion in August 2019 to Naira 141.45 billion in September 2019. The increase in total tran…

The China-Zimbabwe Relations: Impact on Debt and Development in ZImbabwe

Africa has major development aspirations in the broader context of a global and continental economic development agenda. This calls for substantial financial resources at a time when the global development finance landscape is changing, from a mod…

Africans Regard China's Influence as Significant and Positive, but Slipping

Home to some of the world’s fastest-growing economies, Africa has attracted the attention of leaders and economic strategists everywhere, including China. Over the past two decades, political and economic relations between China and Africa have grow…

Regional Integration and Cross-border Mergers and Acquisitions in Africa: 2000 - 2014

In this paper, we examined how regional integration affected cross-border M&A in Africa for the period 2000 to 2014 using a structural gravity model. We found that customs unions in Africa, specifically Southern Africa Customs Union (SACU) and the E…

Business Environment and Enterprise Competitiveness, Diversification and Value Chain

Different development policies and strategies have informed and shaped the direction of Tanzania's investment policy. Key among them is the Tanzania Development Vision 2025, developed in the late 1990s. The vision aims to achieve a strong competitiv…

G20 Compact with Africa: Consolidating and Accelerating Rwanda's Transformation Agenda

Rwanda harnessed the G20 Compact with Africa (CwA) initiative as a framework to accelerate and consolidate its economic transformation agenda in line with the country’s Vision 2050. The CwA will enable Rwanda to develop its infrastructure, grow the …

Brexit: An Assessment of Zambia UK Trade & Investment Relations

In this policy brief, we provide some cursory analysis of the ramifications of Brexit on Zambia’s trade relations with the UK. We also go a step further and provide the likely ramifications of Brexit on investment relations between Zambia and the UK…

Corporate Earnings Retention Practices in Africa: Does Being Foreign Really Matter?

This paper examines the earnings retention practices of incorporated firms in Africa. It hypothesizes that foreign and local firms operating in Africa have similar retention policies, and by extension similar tendency for capital exports. It makes u…

COVID-19 Pandemic in Ethiopia: Literature Review

This global pandemic had caused many negative economic, political and educational impacts in Ethiopia. The pandemic has affected flower export after Europe was hit with the corona virus, the demand for flower has plummeted and the price dropped by m…

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