CORONAVIRUS, THE ECONOMY AND ISSUE OF DIVERSIFICATION

We have never stopped reminding ourselves about the futility of running a monoculture economy. In fact, this was why this platform – Non-oil Digest and its sister online platform – www.realsectornow.com, were created. It is therefore interesting news that the coronavirus pandemic is reminding us of the urgent need for us to diversify our economy…

ADDRESSING INFRASTRUCTURE CHALLENGES IN AFRICA: VIEWS OF IMPACT INVESTORS

The role of infrastructure in economic development cannot be overemphasised. Therefore, many African countries still lag behind in terms of development because of inadequate infrastructure. Impact investors have played key roles in revamping infrastructure. The need and opportunity for private investment in Sub-saharan Africa (SSA) infrastructure are great. But significant barriers to scaling up such…

GLOBAL ECONOMY WILL SUFFER FOR YEARS TO COME, SAYS OECD

The world will take years to recover from the coronavirus pandemic, the Organisation for Economic Co-operation and Development has warned. Angel Gurría, OECD secretary general, said the economic shock was already bigger than the financial crisis. He told the BBC it was “wishful thinking” to believe that countries would bounce back quickly. The OECD has…