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10 Must-read economics stories of the week, 15 November 2019

16-Nov-2019

A look at how the 2019 Africa Investment Forum drew a historic brokering of deals - and how one investment worth more than half a billion dollars aims to boost Ghanaian cocoa production to global markets. Hot deals and more, in the list of the week’s most interesting stories, curated by Bank Vice President Dr. Jennifer Blanke.

1. The Africa Investment Forum ends with $40.1 billion of investment interest in funding deals. That’s up from $38.7 billion at last year’s inaugural Forum. (AllAfrica.com)

2. Ghana’s Cocoa Board signs $600 million, African Development Bank-brokered loan facility to boost cocoa production. Details on the Africa Investment Forum deal, which is aimed at modernizing the sector and providing higher incomes and livelihoods to millions of farmers and their families. (CNBC Africa)

3. In the last 40 years, income inequality has surged in the United States. Experts give the Top Five reasons why the income gap has gotten so wide. (CNBC)

4. It’s as bad a time for the global economy as any since the end of the last recession. That’s according to two separate surveys released this week. (MarketWatch)

5. Why one of this year’s Nobel Prize winners says reducing poverty can rebuild ‘trust’ in economics. Watch her explain in this Yahoo Finance interview. (Yahoo Finance)

6. Are exercise and the economy connected? A new study makes direct link between a small amount of extra physical activity and economic growth. (HR Executive)

7. Got Milk? Apparently, more Americans are saying "no, thanks" – another sign the US’ broader agricultural industry is suffering. (Financial Times)

8. Popular palm-sized packets of detergent, coffee creamer and other products allow low-income consumers in emerging markets to buy single servings. But not everybody is happy. (Los Angeles Times)

9. BRICS nations to study adding countries to development bank. Why expanding membership could increase capital to fund infrastructure, other projects. (Reuters)

10. Artificial Intelligence has a bias problem. Barring African experts from a conference in Canada won't help. (CNN Business)