The COVID-19 virus has plunged the world into a high level of uncertainty and without a doubt, many developing countries are feeling that brunt. With The Economist having hailed this the African decade and many looking to the promises of Frontier Markets as “the next big thing”, what are their outlooks in a post-coronavirus world now that a deep recession is likely? Joining us to discuss more are Gavin Serkins (Managing Editor of New Markets Media and Intelligence), Andres Alma (Congressional Candidate and Professor of Law at Universidad APEC in Santo Domingo, Dominican Republic) and Michael Nderitu (Chief Risk Officer at AZA in Kenya) to discuss the African, Latin American and Frontier Market perspective.
Episode 24: The New Africa - entrepreneurship and innovation (conversations with the World Bank's Simon Duchatelet)
The Economist labelled Africa as the "Hopeless Continent" in the early 2000's. Fast forward to the present and it has now published a cover on how Africa is "rising". Businesses and governments are flooding to the continent to do business and Africa is now the scene of a rising amount of startups and entrepreneurs. So what is fuelling this? And what is this new kind of African innovation? We speak with Simon Duchatelet of the World Bank's Finance, Competitiveness & Innovation Global Practice to find out more on why this decade is indeed the 'African decade'.
Click here to find out information on the World Bank’s launch of XL Africa.
