Emerging markets will overtake the Western world in terms of the collective nominal size of their economies by 2050, with China and India as the second and third largest behind the US, according to Capital Economics’ long-term forecasts.
Serbian Chamber of Commerce head says Africa is a market of the future thanks to demographics, rising purchasing power and natural resources.
Africa has the most profitable banking sector in the world and its massive unbanked population is creating enormous opportunities for incumbent banks and fintech companies alike.
Saudi Arabia is hosting its first ever Africa Summit, underscoring Crown Prince Mohammed bin Salman's (MbS) growing focus on African affairs.
China has forged deep economic ties with countries in sub-Saharan Africa over the past 20 years, making it the region's largest single country trading partner so China's economic slowdown will hurt Africa.