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it's 2020, World Bank waxes lyrical about maximising private finance for development, G20 promotes local currency bond markets yet if you are a human without a Bloomberg terminal, finding data on African local sovereign bond markets is more painful than extracting a tooth.
and dont AFMI at me, has site has been under maintenance for the last two months.
on the other hand, looking for data/analysis takes to unusual places like this: stories of empire, sovereign bond markets edition. Image
ok, whoever wrote this at Ashmore let the hyperbole run wild Image
this is turning out to be a classic in the genre 'Africa as a country' - cc @nssylla @te_tteh @crystalsimeoni Image
what started so promising w 'icy grip of empire' quickly turning into patronising colonial wtaf prose.
from a very large British investor in African bond markets. Image
'we like competent and skilful African central bankers and staff in ministries of finance when they give us yield...a lot of yield' Image
'you know that myth about African companies being corrupt liers (ahem Volswagen), well it's wrong because these are in fact multinational corporates' Image
hmm, not only racist, but also pretty ignorant on productivity/technological progress Image
this is a page-turner - cc @Sikho_Luthango Image
these are the investors behind the 'portfolio glut' so dear to World Bank, G20 et co.

Maybe they dont need to be respectful and decolonise their investment reports, but imagine sitting at the table with them to negotiate Image
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