Development Finance Institutions (DFIs) are government-owned entities that play an increasingly important role in supporting private sector projects in developing countries. This paper synthesizes key findings from the academic and grey literature to provide a comprehensive understanding of...

This study presents a comprehensive analysis of the tax burden on the mobile telecommunications sector across twenty-nine African countries, encompassing both general taxation and sector-specific levies. To conduct this assessment, we develop a model of a representative mobile network operator,...

As the demand for critical minerals to the energy transition strongly grows, it is crucial to understand whether their supply is able to match it. In this paper, we address this question by estimating the price elasticity of supply for 8 minerals between 2000 and 2019, using mine-level...

This paper examines how political leaders change moderates the impact of corporate political activity (CPA) on borrower discouragement, using a global dataset of 24,167 firms. While CPA generally reduces discouragement, its effectiveness is significantly diminished during political transitions,...

Africa has contributed little to Climate Change (CC), though being hardest hit, especially African agriculture, both in the short-run (fast-onset events like droughts and floods) and in the long-run through lower productivity in agriculture (slow-onset events from warming). The paper starts with...

This paper evaluates the impact of the Café Lumière project launched by the NGO Électriciens sans frontières to address the lack of reliable electricity access in rural Madagascar. The project integrates solar-powered micro-grids and energy platforms to provide affordable electricity and...

The monetary and exchange rate system of the West African Economic and Monetary Union (WAEMU) is characterised by a single currency, the West African CFA franc (XOF). Its anchor is a fixed exchange rate against the euro. France provides an unlimited and unconditional guarantee for this exchange...

This paper documents African manufacturing exports along several dimensions. Manufacturing exports triply concentrated at 3 levels: countries that produce and export [half of exported manufactures come from 3 countries: South Africa (27%), Egypt (10%), and Morocco (10%)]; sectoral affiliation as...

Since there is only one climate, reducing greenhouse gas (GHG) emissions can qualify as a perfect global public good. As the benefits are global, climate change mitigation cannot be administered solely with the promotion of the economic development and welfare of developing countries as the main...

The debate on the effectiveness of monetary policy in developing countries remains open. We shed new light on this issue by examining whether managers' perceptions of financial constraints are shaped after a change in monetary policy. Our analysis shows that managers are more likely to report...