• A Promising Look at Sub-Saharan Africa

  Filed under Corey Ribotsky, News, NIR Group
  Aug 18

  In this guest post by Jan Dehn of Ashmore Investment Management, the author takes an interesting look at Sub-Saharan Africa and its dependence on western donor money for financing government deficits.  As he writes, “The consensus has been that African countries should not source non-concessional finance. But changing financial conditions among donor countries now call this consensus into question. This presents both a challenge and an opportunity.”

  This is certainly an interesting new field for financial managers like Corey Ribotsky and so many others to explore.

  As the author states in his conclusion, “Western donors have a role to play. They should channel their considerable experience of markets into improving Africa’s legal and regulatory market infrastructure, strengthen public debt management, and encourage the emergence of the local pension industry. Above all they should encourage and not obstruct the emergence of external markets for African debt.”

  Tagged as: Corey Ribotsky, Corey Ribotsky news, Corey Ribotsky update, investing
  
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