Stories by Aubrey Hruby

Expert Voices

New programs are helping emerging markets businesses invest in women

Ivanka Trump seated next to Ethiopian President Sahle-Work Zewde
Ivanka Trump and Ethiopian President Sahle-Work Zewde. Photo: Eduardo Soteras/AFP/Getty Images

Efforts to bring more women into business, especially in emerging markets, are benefiting from new development funding and private sector initiatives.

Why it matters: When companies invest in women, they can see the benefits in their profits, employee productivity and communities, according to an International Finance Corporation report. Because women have often been excluded from the formal economy in emerging markets, that's where companies stand to gain the most.

Expert Voices

New NBA league marks growing U.S. influence in African culture markets

Satou Diop dribbles the ball as she takes part in an NBA Academy Africa basketball camp at Maurice Ndiaye Stadium in Dakar on May 11, 2018.
An NBA Academy Africa basketball camp at Maurice Ndiaye Stadium, in Dakar, Senegal, May 11, 2018. Photo: Seyllou/AFP via Getty Images

The NBA announced last month that it would launch the Basketball African League (BAL), marking another advancement for U.S. commercial influence in African markets.

Why it matters: China's development of large infrastructure projects in Africa is often cited as evidence of the country's dominance in its economic rivalry with the U.S. But the U.S. continues to make gains in the creative industries on the continent, as entertainment, media and sports are becoming more important to Africa’s young, urban and increasingly connected population.

Expert Voices

Global private equity giants are retreating from African investment

The private equity firm Blackstone recently announced that it's in the process of selling its Africa-focused subsidiary, Black Rhino Group, back to management. The decision reflects another lackluster year for African PE, which has seen little growth since the 2014- 2015 fundraising boom that brought many firms into the market.