West Africa is one of the fastest growing regions in Africa, according to the African Development Bank Group. Factors, including a stock market based in the Ivory Coast, regional growth expected to reach 2.6% in 2017, reduced poverty, and expansive population growth, are clear indicators of economic development. World Bank claims that specific countries, including… read more
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Investment News & Insights from Commonwealth Funds
At Commonwealth Funds, we’re here to invest our time in providing investment news and insights to benefit fund shareholders. Our insights keep up with the growth of the emerging markets we invest in. These articles help investors grow their financial knowledge, make more informed decisions regarding their assets and investing in emerging markets, and bring it home.
The tourism and travel industry is an important sector globally, contributing to the economic and job development throughout all regions of the world. In reference to the World Travel and Tourism Council’s 2017 Global Economic Impact and Issues report, tourism and travel “contributed US$7.6 trillion to the global economy and supported 292 million jobs in… read more
It’s hard to believe that horse and buggies are still a common mode of transportation in one of the world’s top five fastest growing countries. As if Ethiopia has one foot in the present and one foot in the past, the juxtaposition of a booming skyline and age-old way of transportation highlights just how rapid… read more
Known for being unbelievable tourist destinations, Australia and New Zealand are also recognized for their thriving economies, making them prime countries to invest in. The 2017 Index of Economic Freedom, compiled by The Heritage Foundation, ranked Australia and New Zealand in the top five – categorizing them as countries with “free” economies. Evaluating each country’s… read more
In an effort to continue learning about different regions around the world, Robert Scharar – Commonwealth Fund’s Africa Fund portfolio manager and advisor – visited Africa in June. Touring the Common Market for Eastern and Southern Africa (COMESA) Trading Region, Scharar spent a considerable amount of time in Ethiopia where there currently isn’t a public… read more
It’s no secret that our world is experiencing shifts in the climate that continue to affect our environment. From extreme weather to serious droughts, our climate is changing, which in turn is creating consequences that affect our way of life. Water – an element most affected by climate change – is crucial to maintaining life… read more