The International Monetary Fund (IMF) has raised its growth forecast for the Middle East and Central Asia, a signal that the Global South’s recovery story is far from over. According to its latest World Economic Outlook, regional GDP is expected to climb from 2.6% in 2024 to 3.5% in 2025,
Over the past two years, the United States has intensified diplomatic and economic pressure on nations that continue to buy Russian oil, arguing that such purchases indirectly fund Moscow’s war in Ukraine. But for many in the Global South, particularly within the BRICS bloc, this pressure is not just about
The recent protests in Antananarivo, featuring placards declaring “France out” and “Rajoelina and Macron out” highlight more than just opposition to the current president and his perceived connections to Paris. These demonstrations reveal a deep-seated and enduring sense of hurt, suspicion, and resentment within Malagasy political culture, stemming back centuries.
A business engagement held on September 6th was central to Team South Africa’s program, explicitly linking local industrial policy with continental market integration. This session, titled “South Africa fostering local automotive production and accelerating investment in the African continent through the AfCFTA,” brought together various stakeholders. These included the dtic,
A business engagement held on September 6th was central to Team South Africa’s program, explicitly linking local industrial policy with continental market integration. This session, titled “South Africa fostering local automotive production and accelerating investment in the African continent through the AfCFTA,” brought together various stakeholders. These included the dtic,
Across the continent, manufacturers are increasingly integrating automation, digitalisation, and data-driven intelligence into their operations. With robust digital infrastructure in place, they are well positioned to compete in a dynamic global environment. Vertiv’s experience in the field affirms this shift: as organisations across sectors modernise to remain competitive, manufacturing is
Across the continent, manufacturers are increasingly integrating automation, digitalisation, and data-driven intelligence into their operations. With robust digital infrastructure in place, they are well positioned to compete in a dynamic global environment. Vertiv’s experience in the field affirms this shift: as organisations across sectors modernise to remain competitive, manufacturing is
In the second quarter of 2025, the global manufacturing sector demonstrated notable resilience. According to UNIDO, manufacturing production rose by 1.1%, marking the fifth consecutive quarter of positive growth despite headwinds from trade tensions, supply chain disruptions, and geopolitical uncertainty. While advanced (industrial) economies sustained stronger momentum, industrializing economies posted
Artificial intelligence is moving from experimentation to structural transformation, as organisations worldwide rewire their operations to unlock measurable value from generative AI and advanced technologies. McKinsey’s State of AI 2025 report shows that over 75% of firms now use AI in at least one function, with the greatest impact seen
Artificial intelligence is moving from experimentation to structural transformation, as organisations worldwide rewire their operations to unlock measurable value from generative AI and advanced technologies. McKinsey’s State of AI 2025 report shows that over 75% of firms now use AI in at least one function, with the greatest impact seen