linkedin facebook twitter


img 2.jpg

News & Commentary

Editor’s Corner

Editor's Choice

The Next Africa: An Emerging Continent Becomes a Global Powerhouse by Jake Bright and Aubrey Hruby

Screen_Shot_2016-08-01_at_5.44.24_PM.png

The Next Africa, an Axiom Best Business Book Award winner, will change the way people think about the continent. The old narrative of an Africa disconnected from the global economy, depicted by conflict or corruption, and heavily dependent on outside donors is fading. A wave of transformation driven by business, modernization, and a new cadre of remarkably talented Africans is thrusting the continent from the world's margins to the global mainstream. 

In the coming decades the magnitude of Africa's markets and rising influence of its people will intersect with other key trends to shape a new era, one in which Africa's progress finally overshadows its challenges, transforming an emerging continent into a global powerhouse.  The Next Africa captures this story. 

Authors Jake Bright and Aubrey Hruby pair their collective decades of Africa experience with several years of direct research and interviews. Packed with profiles; personal stories, research and analysis, The Next Africa is a paradigm-shifting guide to the events, trends, and people reshaping Africa's relationship to the world. 

Bright and Hruby detail the cross-cutting trends prompting Silicon Valley venture capital funds and firms like GE, IBM, and Proctor & Gamble to make major investments in African economies, while describing how Africans are stimulating Milan runways, Hollywood studios, and London pop charts. 

The Next Africa introduces readers to the continent's burgeoning technology movement, rising entrepreneurs, groundbreaking philanthropists, and cultural innovators making an impact in music, fashion, and film. Bright and Hruby also connect Africa's transformation to its contemporary immigrant diaspora, illustrating how this increasingly affluent group will serve as the thread that pulls the continent's success together. 

Finally, The Next Africa suggests a fresh framework for global citizens, public policy-makers, and CEOs to approach Africa. It will no longer be "The Hopeless Continent", nor will it become an overnight utopia. Bright and Hruby offer a more nuanced, net-sum, and data-rich approach to analyzing an increasingly complex continent, reconciling its continued challenges with rapid progress. 

The Next Africa describes a future of a more globally-connected Africa where its leaders and citizens wield significant economic, cultural, and political power--a future in which Americans will be more likely to own African stocks, work for companies doing business in Africa, buy African hits from iTunes, see Nigerian actors win Oscars, and learn new African names connected to tech moguls and billionaires. 

READ MORE

 

Frontier Markets Returns

Screen_Shot_2016-08-16_at_5.19.34_PM.png

 

Frontier Markets News

recommended by the editors.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
b2ap3_thumbnail_Screen-Shot-2016-08-30-at-9.52.32-PM.png
from the Cyprus Mail..By Stelios OrphanidesAugust 30, 2016 The challenges Cyprus’s economy faces are not the outcome of a series of unfortunate decisions which led to the 2013 crisis but instead are the symptoms of sick political system in which decision making does everything but serve public interest, an economist and a political analyst said. Five months following the completion of Cyprus’s adjustment programme, the Cypriot economy is growing at the fastest pace over the past eight
b2ap3_thumbnail_Screen-Shot-2016-08-30-at-8.58.53-PM.png
from ArabianBusiness.com..August 30, 2016 A unit of Dubai-based Zeraa Investment has reportedly bought a significant majority share in Bosnia's Hepok Winery. A consortium of Serbia’s Vino Zupa and Bosnia's trading and services company Amko Komerc sold their combined 94.8 percent stake to Zeraa Agriculture Investment for 4.3 million marka ($2.5 million), Sarajevo bourse data showed. The consortium sold their combined 2,255,184 shares in Mostar-based Hepok, it was reported. The Bosnian-Serbian consortium privatised Hepok in 2008 for a
b2ap3_thumbnail_Screen-Shot-2016-08-30-at-8.54.12-PM.png
from The Africa Report..August 30, 2016 File photo©Felipe Dana/AP/SIPA - In this Nov. 17, 2015 photo, artisanal miners separate gravel with sieves as they search for diamonds at an abandoned mine in Areinha, Minas Gerais state, Brazil. During the weeks-long mining process, the group excavates the soil down to a layer of gravel of up to 50 meters (yards) deep. Two years after AngloGold Ashanti suspended production at its giant but loss-making gold mine in Obuasi, central
b2ap3_thumbnail_Screen-Shot-2016-08-31-at-10.11.58-AM.png
from The Africa Report..By Manuel MucariAugust 30, 2016 FILE PHOTO©KIM KYUNG-HOON/REUTERS The International Monetary Fund (IMF) is demanding an external forensic audit of Mozambique's public debt to regain investor confidence after a scandal over more than $2 billion in secret loans, its local representative said on Tuesday. Parliament and the attorney-general's office have launched investigations into the undisclosed borrowing in 2013 and 2014 but the government has baulked at opening up its books to outside auditors. However, the
b2ap3_thumbnail_Screen-Shot-2016-08-30-at-8.24.19-PM.png
from The Africa Report..By Neil FordAugust 30, 2016 PHOTO©GRAHAM KIETZMANN It is tempting to see the oil price crash as denting hopes for economic growth, especially for energy exporters. But for gas producers, there may be a silver lining, with lower prices creating an opportunity to use natural gas for power generation and other projects. The future of Southern Africa's gas market, for example, could lie along a 2,600km pipeline linking the gas fields of Mozam­bique to South
b2ap3_thumbnail_Screen-Shot-2016-08-30-at-1.13.19-PM.png
from All Africa..Source: Premium TimesBy Ben EzeamaluAugust 29, 2016 A private mining syndicate has made a potentially "world class and highly unusual" Nickel discovery in Nigeria, The Australian, an Australian national newspaper is reporting. The private mining syndicate is reportedly headed by Hugh Morgan, a mining industry veteran. "The discovery is unusual because the nickel is found in small balls up to 3mm in diameter of a high purity in shallow soils in what could be the
Tagged in: All Africa Mining
b2ap3_thumbnail_Screen-Shot-2016-08-31-at-10.08.07-AM.png
from All Africa..Source: Inter Press ServiceBy Nasseem AckbarallyAugust 29, 2016 Port Louis — They come from Bangladesh, China, India and Madagascar, mainly to run the machines in the textile industry here. But they do all kinds of other jobs too, from masons to bakers, house cleaners and gardeners. For the eight consecutive year in 2016, the World Bank's Ease of Doing Business report ranked Mauritius first among African economies, and its GDP per capita was over 16,820
b2ap3_thumbnail_Screen-Shot-2016-08-29-at-5.54.32-PM.png
from ArabianBusiness.com..August 29, 2016 A carved rose-coloured sandstone mountain in the Nabataean archaeological site of al-Hijr near the northwestern town of al-Ula, Saudi Arabia. (Photo: FAYEZ NURELDINE/AFP/GettyImages) The Saudi Commission for Tourism and National Heritage (SCTNH) has earmarked three sites across the kingdom for tourism investment. The three sites are to be dedicated to a new kind of tourism in Saudi Arabia – environmental and adventure tourism, according to Arab News. The sites are to offer different types
Screen_Shot_2016-08-31_at_10.35.57_AM.png
from the Financial Times.. By john Aglionby August 29, 2016 Notebook: Scrutiny of Mpesa use reveals a network of backhanders, writes John Aglionby It took me less than a week of living in Nairobi to become an Mpesa convert. With a few taps on my mobile phone I can pay my bills, send money to people, buy tickets and conduct virtually any financial transaction, including borrowing and saving money. It doesn’t require a bank account or an
b2ap3_thumbnail_Screen-Shot-2016-08-30-at-6.06.05-PM.png
from the Financial Times.. By FT View August 29, 2016 The authoritarian development model is running up against limits © AP As Ethiopian runner Feyisa Lilesa crossed the finishing line in his silver medal Olympic marathon run at Rio, he crossed his arms in protest against his government back home. It was a gesture of defiance that could, for transgressing Olympic rules, have cost him his medal and will cause him to live in exile. But