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"The Policy Coherence Trap": South Africa's Next Industrial Policy Challenge
Industrial policy is back across Africa, and South Africa has one of Africa's most sophisticated industrial policy architectures, yet industrial transformation remains elusive. The usual explanation, poor coordination between departments, stops too early. The deeper problem is a policy coherence trap. Governments align their strategies and institutions and count that as progress, while the productive system stays fragmented. Universities, financiers, training institutions and

Prof Elvis Avenyo and Dr. Gideon Ndubuisi
Sep 286 min read


Aid is collapsing. Africa’s development banks must make the same money work twice as hard
In the face of falling aid, development banks need to use all the financial instruments available to them to make their capital go further. Africa's development banks can no longer count on donors or treasuries. The way through is not more money, but better use of the money already in hand. By bundling loans that have proven themselves, selling them to investors, and lending the proceeds again into the early-stage projects nobody else will finance, a development bank can fund

Prof. Prince Sarpong
Sep 85 min read


Why male corporate leaders and billionaires may need financial therapy more than anyone
Male corporate leaders and billionaires may seem financially secure, but many face deep emotional stress linked to money, power, and identity. Research shows that financial distress among elites can manifest as overconfidence, aggression, or risky decisions, often driven by threatened masculinity. Financial therapy, though often overlooked for this group, could help prevent emotionally driven choices that destabilize companies and economies.

Prof. Prince Sarpong
Jul 23, 20251 min read

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