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How Employers in Poor Countries Are Using Nudges to Help Employees Save Money
The idea is simple: people save more in retirement accounts when they are automatically enrolled by their employer than when they have to sign up themselves.
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Viewpoint: The West Must Catch up with Africa
The global future is African, the continent will account for the majority of the world’s future population growth with half of the world being African by 2100. Africa is at the forefront of future trends and the most pressing of global challenges and already represents a key site of global power struggle and transition.
- Region
- Sub-Saharan Africa
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Viewpoint: AI and Automation Advances Upend Old Models of Economic Development
Whether one should be optimistic or not about these emergent trends, one thing is clear; there is no getting off the train of technological progress anytime soon. Regardless of which side of the debate one is on, within current debates over AI and automation two injustices are repeatedly committed by both parties.
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Report: Innovative financing and regional dialogue are central for a thriving ‘blue economy’
The report identifies the financial challenges in the region, highlights innovative financing options that could be tested, and discusses policy and regulatory enablers to advance blue economy strategies at national and regional level.
- Categories
- Environment
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European Investment Bank and International Monetary Fund join forces to boost financial inclusion in Africa
The European Investment Bank (EIB), the EU Bank and the International Monetary Fund (IMF) have signed a letter of understanding to promote sustainable economic development, financial stability and inclusive growth in Africa
- Region
- Sub-Saharan Africa
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Kenya: What Universities Can Do to Expand Social Entrepreneurship
Universities are at the forefront of any country's economic development efforts. They play an invaluable role in passing knowledge on to the next generation and creating new knowledge through research. Both these endeavours can set graduates up to contribute to their country's growth.
- Categories
- Education, Entrepreneurship
- Region
- Sub-Saharan Africa
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Kazakhstan to get huge IFC loan for its microfinance
International Finance Corporation (IFC), a member of the World Bank Group, is providing a senior syndicated loan of $82 million equivalent in Kazakh tenge to “Microfinance organization “KMF” LLC, a leading Kazakh microfinance institution, to boost lending to micro and small enterprises, including women entrepreneurs and customers in rural areas of Kazakhstan, the press service of IFC said in a message.
- Region
- Europe & Eurasia
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African leaders have created the world’s largest free trade area since the WTO—here’s its potential
The agreement has the potential to deliver a great deal for countries on the continent. The hope is that the trade deal will trigger a virtuous cycle of more intra African trade, which in turn will drive the structural transformation of economies – the transition from low productivity and labour intensive activities to higher productivity and skills intensive industrial and service activities—which in turn will produce better paid jobs and make an impact on poverty.
- Region
- Sub-Saharan Africa
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