African economies could benefit more from backward linkages to the mining industry than from beneficiation.
The collapse of the oil price in 2014 highlighted the need for Nigeria to dilute its exposure on the commodity.
Muhammad bin Salman is set on transforming the oil-rich kingdom into a modern, economically diverse superpower. It won't be easy.
2016 was a year of mixed fortunes in the development course of Africa.
The 'Africa Rising' narrative was disturbed in 2016 by a combination of factors. But the continent is still on firm economic development footing.
There is very little evidence that commodity producing countries diversify their economies by adding value to their raw materials.
The downturn in the commodity boom will not automatically lead to diversification of Africa's economies. This can only be achieved through a focus on creating learning economies driven by innovation.
Manufacturing businesses involved in the car industry are facing tough decisions.
The recent decisions by Ford, Holden and Toyota to cease manufacturing in Australia have raised serious concerns for the thousands of Australian businesses who work in the automotive supply chain. Manufacturers…