Dar es Salaam and Not-so Rapid Transit

Dar es Salaam has built a new rapid bus transit system, but without an intelligent approach to pricing the buses will never run.

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Ethiopia: a magnet for investment in agriculture

Ethiopia’s Agricultural Transformation Agency is leading a revolution in African Agriculture

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Africa: The Answer to Global Food Security

Africa may hold the answer to the challenge of feeding the planet, and the collapse in oil prices creates a new opportunity to invest in African agribusiness

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African Business Success is a Long-term Proposition

Impressive returns may await those who approach Africa with a long-term view

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Prince Al Waleed and Donald Trump: Peas in a Pod?

Donald Trump and Prince Al Waleed bin Talal: two billionaires obsessed with proving their net worth and suing those who question their figures

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Can Kazakhstan Escape the Middle-Income Trap?

Since the break-up of the Soviet Union Kazakhstan has done far better economically than most of the other former Soviet republics, with per capita GDP rising from a little over $1,200 to nearly $14,000. But reaching its stated goal of becoming one of the world’s 30 richest countries by 2050 is far from assured.

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North Korea: Not Quite Ready for Prime Time

I was recently in Pyongyang, at the invitation of the Korean Association for Economic Development, to participate in a two-day conference on special economic zones, co-sponsored by the University of British Columbia. It was one of the most surreal experiences of my life, which I am still trying to process.

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The Entrepreneurial State, or, You Didn’t Build That

President Obama received a lot of outraged criticism from the right during the 2012 campaign for his remark, “You didn’t build that.” What he meant, though he uncharacteristically said it in a fairly clumsy way, was that for every proudly self-made entrepreneur there is a huge web of supporting institutions and infrastructure built by the government.

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Landing an Airbus in the Jungle

I can recall when taking a flight in Africa would almost always give you a funny or hair-raising story to tell, even though paved runways were already standard issue in airports throughout the continent, but traveling around Africa is now pretty boring, which is a good thing.

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