The context for the resignation of the Tunisian Prime Minister this week is an old one, seemingly unchanged since after the 2011 revolution, and it points to the structural political constraints in getting the economy back to sustainable growth and t...

Covid-19 remains a significant economic challenge across the continent. This combination of factors is best demonstrated in Mauritius, the region's worst performer, where the FX rate has depreciated c10% ytd, Moody's sovereign credit outlook was down...

Difficult process of building a Parliamentary coalition of parties to form the government now lays ahead. Moderate Islamist party, Ennahda, faces significant challenges to establish a stable and coherent coalition. We reiterate our view that this rai...

This reinforces our previously published view that there are material risks to the formation of a coherent and empowered coalition following the upcoming Parliamentary election (6 October). In this poll, two candidates not supported by the main Parli...

After a long list of crises in the past decade or so, FM and small EM public equities represent a diverse and attractively valued opportunity set, particularly for the active fund manager. Passive funds are not well suited to this niche asset class....

Tourist destinations tend to bounce back from security setbacks: Egypt, Indonesia, Jordan, Kenya, Lebanon, Morocco, Philippines, Thailand, Tunisia and Turkey are all examples from the frontier and emerging markets in the past two decades. And, of cou...