The Fastest Billion

This book by African economists and analysts from Renaissance Capital aims to accelerate the world’s realisation that Africa’s day has arrived.

[The Time Travelling Economist @TTTEconomist]

A podcast on The Time Travelling Economist for those who have not yet had time to read the book https://t.co/MxnxWsMERG

[The Time Travelling Economist @TTTEconomist]

One of the most successful development stories in the world is African.
3 generations ago Mauritius was seen as a likely failure, a Nobel prize view that would have been shared by many in the country. But they already had one of the more literate populations and from that ….

[Charlie Robertson @CharlieTTEcon]

When we published @fastestbillion in 2012, the % of SSA low-income countries at high risk of debt distress had been shrinking since 2008 (and even fewer by 2014). Today 60.5% are at high risk and none are at low risk. @TTTEconomist aims to explain why

[Charlie Robertson @CharlieTTEcon]

@nickleke @afalli @andrewfootie One of my favourite graphs from @TTTEconomist shows GDP growth per capita vs the ratio of adults to kids. Nigeria is around 1.0. Asia is booming as ratio is around 2.5. Old rich countries are heading back to 1.0 but not there yet, so we need to watch Korea, Greece, Japan etc

[The Time Travelling Economist @TTTEconomist]

Ghana's default was a predictable scenario in 2021 whilst writing The Time Travelling Economist (albeit one we hoped could be avoided). We will see others default too because default is a fertility issue

Chapter 4 - A debt crisis is probably unavoidable in a bid to create jobs

[Marco Kamiya @mkamiyajp]

Highly recommended book to get a smart narrative of development in low income countries. @RencapMan

[Todd Moss @toddjmoss]

Friend just pinged me. Needs to visit California from Nairobi for meeting with investor next month. Next visa appointment: June 2024.

The US visa system is literally broken @SecBlinken @VisaLimbo 👇🏽

[Max Roser @MaxCRoser]

Very good news: The World Health Organization has just approved the first ever vaccine to prevent malaria.

It would be even better if the efficacy was higher and longer lasting, but this is a big step forward in preventing the deaths of children.
https://t.co/u8enB1Qq3n

[The Fastest Billion @fastestbillion]

@IJEOMACHIEMELA1 Only on Kindle I think — sorry about that, book distribution deals are difficult

[B @ngwata_]

This is huge!!

Malaria Breakthrough - Kenyan scientists (KEMRI) successfully find a highly effective way to kill the parasite that causes Malaria.
https://t.co/pIxBPa6EHE

[Judd Devermont @JDevermont]

Guinea-Bissau is the fifth sub-Saharan Africa country to name a gender parity cabinet following South Africa, Rwanda, Ethiopia, and Seychelles.

https://t.co/pMMtZ2r9mg

[Gregory Smith @emsovdebt]

World Bank upgrades 3 African countries from ‘low income’ status to ‘lower middle income’ status. #Senegal & #Comoros makes sense but #Zimbabwe is a surprise. Matters for how confessional loans are. https://t.co/J0Tw5DRJkj

[Efosa Ojomo @EfosaOjomo]

This chart is fascinating...

[Gregory Smith @emsovdebt]

#Nigeria paid back a #Eurobond yesterday. You don’t get ‘good debt management’ headlines like that (as you didn’t for Ghana and Gabon repaying in 2017). It was $500mn issued in 2013. (The post-debt-relief debut issue from 2011 matures in 2021).

[The Fastest Billion @fastestbillion]

@davidpilling @wordpressdotcom Our job was to write the equivalent for Africa ...but could not emulate his great writing style

[Ope Olusola @opsy_doo]

1/ @ruffydfire Hello! Just listened to your interview on @channelstv and thought you spoke very well.Eloquent, your points were lucid and apt.U referenced a no of books.Did u ever read @RencapMan's "Fastest Billion"?U should if you haven't.

[The Fastest Billion @fastestbillion]

This is a far cry from the 1980s when Nigeria went from bad to worse as the oil price crashed. Something fundamental has changed for the better ..and not just the oil price https://t.co/CgFXHyQyWL

[Paul Wallace @PaulWallace123]

Foreigners pile into #Nigeria's stocks and a New York #ETF as #oil climbs and the economy begins to recover. https://t.co/rrcZSYTYb2 @markets

[Iraj Abedian @IrajAbedian]

The great clean up has just begun;Eskom's corrupt &incompetent directors/execs are booted first. Next will be other SOEs &then the long process of reclaiming the looted money&jailing the crooks will need to follow.The economy will then resume its growth path slowly.Let's hope so.

[Zenaida Machado @zenaidamz]

Angolan president has sacked the heads of intelligence service (Ze Maria) and police (Ambrosio Lemos). The two men had been re-assigned for another 5-year mandate by former president Dos Santos just before he left office. It seems the Dos Santos empire is falling apart.

[Trevor Ncube @TrevorNcube]

I am so emotional. I never thought I would see this day. Mugabe has resigned in my lifetime. This is a stepping stone towards the Zimbabwe we want. It won't be easy. #Zimbabwe