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Special Reports

Special Reports

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Africa-Singapore Special 2023

The ties that bind


Singapore-Africa 2015
A Partnership for Progress


Africa-Singapore Special 2019
A blooming partnership


Singapore-Africa 2014
Business Summit:

Making the Connection


Special Report 2018
The Singapore Experience, Africa-Asia Trade Finance Gap,  The AfroChampions Initiative

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Singapore-Africa 2013
Start of a beautiful friendship

Recommended Readings

Recommended Readings

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FinTech in Africa- Momentum is Building and the World is Taking Notice


Source: Financial Technology Partners


Jan 2023

Momentum around FinTech in Africa is building as

business models are proving to be highly

successful and the long-term opportunity still looms

large – the world is taking notice

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Trade Finance in West Africa

2022 Report



Source: International Finance Corporation (World Bank)


Oct 2022

The IFC published a study of trade finance in 4 West African countries. Results showed that poor access to credit facilities that finance import and export transactions is constraining the role of cross-border trade as a driver of development in West Africa


Growing your business? Here’s why you should consider Africa


Source: Enterprise Singapore


Oct 2021

The continent is well-placed for investment and partnerships between Singapore and African businesses. Find out where to sow the seeds and build connections.


e-Conomy Africa 2020 Report



Source: International Finance Corporation (World Bank)


Nov 2020

The e-Conomy Africa 2020 report is a first-ever collaboration between IFC and Google in generating data and information that elaborates on Africa's internet landscape and its great potential. 

There are two versions of the report available for download:

1) Executive Summary

2) Full Report


5 years of digital transformation in Southeast Asia in 1 year


Source: EDB Singapore



Aug 2020

Although digital transformation has been underway for some time in Southeast Asia, the COVID-19 pandemic has accelerated the transition. Due to social distancing measures, more people are adopting home-centric lifestyles and shopping for groceries, clothing, electronics, and furnishing online. 


Singapore Senior Minister Tharman Shanmugaratnam's speech at the Kofi A. Annan Eminent Speakers Lecture at the African Development Bank headquarters in Abidjan.

Source: African Development Bank Group

Nov 2019

With the right policies and linkages, Africa can become an indispensable global economic hub, Singapore’s Senior Minister Tharman Shanmugaratnam noted, commending the continent’s diverse economic potential.






The Asian Aspiration: Why and How Africa Should Emulate Asia

By Greg Mills, Olusegun Obasanjo, Hailemariam Desalegn & Emily van der Merwe

In 1960, the GDP per capita of Southeast Asian countries was nearly half that of Africa. By 1986 the gap had closed, and today the trend is reversed, with more than half of the world’s poorest now living in sub­-Saharan Africa.

Why has Asia developed while Africa lagged? The Asian Aspiration chronicles the continent’s stories of explosive growth and changing fortunes: the leaders, events and policy choices that lifted a billion people out of abject poverty within a single generation, the largest such shift in human history.

The relevance of Asia’s example comes as Africa is facing a population boom, which can either lead to crisis or prosperity; and as Asia is again transforming, this time out of low-cost  manufacturing into hi-tech, leaving a void that is Africa’s for the taking. Far from the optimistic determinism of ‘Africa Rising’, this book calls for unprecedented pragmatism in the pursuit of African success.


The Development of Africa : How long till the end of the Tunnel?

By Mohamed Lamine Doumbouya

The diversity of development actors correlates to the multiplicity of development visions as well as the instruments mobilised on the ground. When a country's development efforts are not coordinated and the people's aspirations are not effectively considered, the initiatives undertaken by businesses slow down progress instead of catalysing it.

More often than not, efforts undertaken serve to benefit the development actors more than the potential beneficiaries of the said development. A development, for it to be sustainable, should be planned and constructed with its beneficiaries in a well-designed institutional framework. To this end, it should be freely wanted and accepted by its beneficiaries, who simultaneously become objects of transformations happening in their own ecosystem. It is hence important to ensure that people understand and integrate the expected changes; otherwise, progress will be delayed, while cost efficiency will be uncontrollable and results unsatisfactory. 


Senegal within reach: The lion emerges from its den

By Abdou Souleye Diop

This book, free of bias, aims to make an objective diagnosis of the state of Senegal in 2023 and its development trajectory. It refers to the 2030 Sustainable Development Goals, which provide an objective guide for discourse.

Based on this diagnosis, the author suggests approaches to development that would make it possible to achieve rapidly growing ambitions.

In the current context of Senegal, at the crossroads of its development trajectory, it is essential to refocus the debate on ideas rather than on people. Neither praise nor nihilism will build our country, rather it is the individual and collective contribution that will guide us towards our common ideal: the Senegal we all aspire to build.

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Asian Tigers, African Lions


Asian Tigers, African Lions is an anthology of contributions by scholars and (former) diplomats related to the 'Tracking Development' research project, funded by the Netherlands Ministry of Foreign Affairs, and coordinated by the African Studies Centre and KITLV, both in Leiden, in collaboration with scholars based in Africa and Asia.


Financing Africa: Strengthening Local Financial Systems


Financing the continent's economic agenda is no doubt a priority for Africa.

This was clearly endorsed by the global community in the 2016 Addis Ababa Action Agenda. However, there is a lack of practical knowledge surrounding this crucial issue. In his book, Cédric Mbeng Mezui bridges this gap and shines a light on recent developments and trends in Africa. The book is a must-read for decision-makers, universities and other stakeholders looking for solutions to finance the development of Africa.

Research & Statistics

Research & Statistics

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State of Play of Debt Burden in Africa 2024: Debt Dynamics and Mounting Vulnerability


Entrepreneurship and Free Trade

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COVID-19 and the Future of Work in Africa: Emerging Trend

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