June 22, 2026

Socio-economic review for 2025 and forecast for 2026

(Extract from the 2025 Annual Report of AADFI) The global economic environment in 2025 was shaped by a complex mix of resilience and uncertainty, as economies navigated persistent inflationary pressures, shifting trade dynamics, and policy uncertainty. Economic activity was supported by stockpiling of goods, strong investor confidence, and increased investment in artificial intelligence (AI)[1]. Average global […]

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The road to Clermont-Ferrand: A journey through history, power and development finance

There are some journeys that begin long before the flight departs. At first glance, the road to Clermont-Ferrand in the Alps of central France looked straightforward enough: travel from Cape Town to Dakar for a conference and meetings, a visit to Gorée Island, onward to Paris for discussions at the headquarters of a major development finance institution, and then to Clermont-Ferrand for a conference where I would present my paper titled Market Shaping for a Just Energy Transition, and moderate a panel on subnational and regional development finance. On paper, it was simply a sequence of flights, hotels, meetings and presentations. In reality, the road itself became part of the argument.

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