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Finally it is over. Tesla will be included in SP500 stock index after December 21st and last Friday, it was huge. What is huge? The volume. Last Friday Tesla equity trading volume reached nearly 150 billion dollar which is a new record for US stock markets. We have seen 130billion dollars in SPY ETF in… Continue reading Do we reach the top of Tesla stock? What will happen after SP500 inclusion?

Developing countries often face two well-known structural problems: high youth unemployment and high inequality. In recent decades, policymakers have increased the share of government spending on education in developing countries to address both of these issues. The empirical literature offers mixed results on which type of education is most suitable to improve gainful employment and… Continue reading Can Higher Education Reduce Inequality In Developing Countries?

Session 4: Delivering sustainable urbanization in Africa: the role of the private sector The magnitude of the current wave of urbanization taking place in Africa calls for a more environment-friendly and less resource-consuming process than in the past. Discussions will bring together representatives from the private sector and African policymakers to share views and experiences… Continue reading 2017 Global Forum On Development

We don’t know the name, or the place and exact date of birth, of the baby who changed world history. My guess is that she was born somewhere in Africa in 2007. Not that she cared as she lay there all wrinkled and raging at the disagreeable turn her life had just taken, but it was… Continue reading Africa’s Urbanisation And Structural Transformation

In October, world leaders will gather in Quito for the Habitat III summit to launch the New Urban Agenda. This is on top of the start this year of the implementation of the Sustainable Development Goals (SDGs). It is odd that to date these two vitally important global urban initiatives led by the United Nations… Continue reading Integrating The Local And Global Urban Agendas

The world’s oceans, seas, and rivers are a major source of wealth, creating trillions of dollars’ worth in goods and services as well as employing billions of people. Three out of four jobs that make up the entire global workforce are water-dependent. It is forecasted that the annual economic value of maritime-related activities will reach… Continue reading Africa’s Blue Economy: An Opportunity Not To Be Missed

The Report’s main conclusion is that regional integration is still a relevant pillar for Africa’s development, although the global context has changed greatly since the continental goal was first introduced in the 1960s. The challenge going forward is not so much the formulation of new policies but rather the implementation of those formulated in the… Continue reading African Development Report 2014

The launch of the African Economic Outlook 2015 takes place 25th May at the Annual Meetings of AfDB in Abidjan, Côte d’Ivoire.

Africa must industrialize to fulfill its economic potential. To achieve the Sustainable Development Goals (SDGs) as part of the 2030 Agenda, we need to support Africa in accelerating its development by promoting inclusive and sustainable industrialization. Inclusive industrialization means ensuring that no one is left behind, especially not women. Including women is critical, not only… Continue reading Africa’s Industrialization: Leaving No Woman Behind

The African Economic Outlook 2017 presents the continent’s current state of affairs and forecasts its situation for the coming two years. This annual report examines Africa’s performance in crucial areas: macroeconomics, external financial flows and tax revenues, trade policies and regional integration, human development, and governance. For its 16th edition, the report takes a hard look at… Continue reading African Economic Outlook 2017