With the COVID-19 pandemic, the tourism industry has been the hardest hit in Mauritius due to health containment measures linked to travel restrictions and the closure of borders to prevent the spread of the virus. The hotel industry attempted to…
This study investigates post-Covid merger and acquisition (M&A) trends involving Africa and the Middle East between 2021 and 2023, with a focus on identifying sectoral and geographic patterns that have emerged during the recovery period. Using a…
Spillover Effects of Government Subsidies On Outward Foreign Direct Investment: Evidence from China.
We examine the effect of government subsidies on outward foreign direct investment (OFDI) by Chinese listed firms. Based on a panel dataset covering Chinese listed firms from 2009 to 2021, our findings indicate that government subsidies can promote…
Why do images and reports of starving and malnourished Africans appear so often in the media? What are the actual dimensions of the problem? What has trade and climate got to do with it? In How Africa Eats: Trade, Food Security and Climate Risks,…
Climate change manifests itself in rising temperatures across the continent and affects the El Niño–Southern Oscillation (ENSO) by changing sea surface temperatures and atmospheric circulation. This affects precipitation and temperature patterns,…
Climate variability significantly impacts agricultural productivity, rendering risk management tools essential for stabilisation of yields and financial returns. The study aimed to evaluate the effectiveness of weather derivatives as a risk…
This study examines how the 2008/2009 global financial crisis (GFC) and the COVID-19 pandemic differentially impacted Kenya's export and import performance at the firm level. Utilising monthly firm-level customs data from 2006 to 2022, we decompose…