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International trade forum, 2019-09, Vol.2019 (3), p.23-25
Ort / Verlag
Geneva: International Trade Centre
Erscheinungsjahr
2019
Link zum Volltext
Quelle
EZB Electronic Journals Library
Beschreibungen/Notizen
Creating partnerships, improving governance and mitigating risk can help make the continent more attractive to business interests Much is made about poverty in Africa, notwithstanding improvements in some countries in recent years in terms of GDP, incomes, exports, middle class growth, and a mix of health and social indicators. When pricing is regulated and controlled to achieve affordability, such as in utilities or transport, resources are siphoned off or production capacity lacks the cash flow for needed reinvestment and capital expenditure for efficient service delivery. The African Development Bank works to mitigate risk by creating guarantee schemes and instruments to cover, for example, local currency risks and loans to regional member countries.