Luxury, a new type of luxury,  a new definition?  The definition of luxury is changing, from one that alluded to expense and quality, to another that now includes sentimental, cultural, moral and ethical considerations.  Africa, its resources, its science, its culture and craftmanship are relevant to this new discourse. Traditional...
Uganda’s oil wealth: Development prospects and potential dutch disease effects By Lawrence Bategeka and John Mary Matovu Uganda’s development prospects were greatly enhanced by the country’s discovery of oil deposits in 2006. However, the desired economic transformation can only be realized if government’s spending options of oil revenue supports exports diversification...
Determinants of bank profitability in Nigeria: an empirical assessment  by W. U Ani, D.O Ugwunta, I. J Ezeudu and G. O Ugwuanyi Given the recent developments in the Nigerian banking industry, only a profitable banking sector is better able to withstand negative shocks and contribute to the stability of the financial...
RWANDA: A regional trade hub – Tunde Olupitan interviews Hon. François Kanimba, Minister of Trade and Industry, Rwanda Mr François Kanimba has been one of the main architects of economic reforms implemented in Rwanda in the last 15 years which allowed the country to be one of the fastest...
Total external financial flows to Africa reached a new record high in 2012, totalling USD 182 billion, driven by FDI and remittances. there have been two major trends: Remittances overtook aid and FDI for the first time and became the largest external financial flow to Africa; second, Africa’s increasingly...