Capitalism may be accused of misleading many African countries into limiting the valuation of their resources to tangible assets such as buildings, minerals, land and wildlife. However, failure to account for intangible assets like local experiential knowledge, wisdom, trust, relationships and emotional richness cannot be blamed on capitalism or modernization. While they are ambitious to Read more about Formulae for valuating intangible assets long overdue in Africa[…]

In African countries where agriculture is a major socio-economic activity, policy makers and development agencies seem determined to move economic activities from agriculture to manufacturing. The whole discourse around value addition suggests a strong desire to get rid of informal marketing of agricultural commodities and convert all commodities into manufactured products which can be bought Read more about How the informal economy tackles the middle class trap[…]