Commodity exports: turning a resource curse into an economic engine

Last month I attended the 5th edition of the Africa CEO Forum, a two-day event dedicated to the continent’s socio-economic development. One of the forum’s key—and, unfortunately, protracted—discussions was how to end Africa’s resource curse and climb up the...

Old trade, new opportunities (Trade and Forfaiting Review)

Imagine a manufacturing business without a sales department. Nonsense? Yet, many producers in developing countries turn out commodities for export without being able to sell them to overseas customers.   Or, imagine a banking industry that allows foreigners to...

Embracing international business

If you produce a commodity product for export but don’t consider trade as your “core” business, chances are that you outsource international sales and distribution to third parties. This setup may have perfectly worked for a time, but one day you may get confronted...

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