Africa’s millionaires are in Nigeria, Egypt, South Africa with some in Kenya too. It’s easy to see China’s footprint in Africa.
On the outskirts of Nairobi, a new highway built by a Chinese firm is crowded with bumper-to-bumper traffic, many of the cars set on tires imported from China. The landscape is dotted with construction sites and, every so often, the logo of another Chinese construction firm. The Post. FOR Africa to fully unlock the prosperity inherent in its agriculture, we must make value chains work for men, women and the youth, said African Green Revolution Forum president Dr Agness Kalibata.
Dr Kalibata, who is in Zambia for a forum to be held from September 29 to October 3, stated in a press release issued in Lusaka after she called on Vice-President Inonge Wina at her office, that Africa must define clear strategies for increasing access to operational finance and to lucrative markets to enable the youth and women engage in agriculture as a business enterprise. Funny ol' Africa, a continent of contradictions - it's what keeps it interesting. ANGOLA says it will destroy 11 million eggs, not because they are unfit for human consumption, but on accounting of their having been imported illegally into the southern African nation.
Nigeria, Others to Attract $73.5bn Foreign Investments in 2015, Articles. Logo of African Development Bank Eromosele Abiodun Following plans by United States retail giant, Walmart to enter Nigeria's retail market, increasing greenfield investment from China, India and South Africa, foreign investments in Nigeria and other African countries are expected to reach $73.5 billion by the end of this year.
A report by the African Economic Outlook (AEO) revealed that official remittances have increased six-fold since 2000 and are projected to reach $64.6 billion in 2015 with Egypt and Nigeria receiving the bulk of flows. The AEO is a product of collaborative work by three international partners: the African Development Bank (AFDB), the OECD Development Centre and the United Nations Development Programme (UNDP). Explicit cookie consent. BETWEEN 2000 and 2011 broad indices of commodity prices tripled, easily outpacing global growth.
Since then prices have changed course. Some commodities have endured ferocious price falls: oil peaked at $115 a barrel in June 2014, and by mid-January 2015 was trading at below $50 a barrel and has not risen above $70 since. Want jobs? Here's where Africa can get them, plus a 5-point smart plan from those who've cracked it. MICROSOFT last week announced plans to create over 100,000 jobs and reach over seven million people across Africa and the Middle East by the end of the year through its YouthSpark Employability Platform.
The Platform is designed to provide end-to-end career guidance, skills improvement, job-matching and mentorship – all centred on a free online hub that brings public and private resources together in an attempt to address unemployment and underemployment. It’s a small drop in the ocean, but every bit helps – the global jobs challenge is disproportionately an African one; two-thirds of the 13 million young people who join Africa’s labour force every year end up becoming part of the working poor – defined as those in some kind of work, but earning less than $2 a day. We look at some of the sectors, industries and places jobs can be created in the next decade and a half: Agriculture – but not the usual stuff. Africa is the new China - The Telegraph - thetelegraph.com. Dallas L.
Browne Culture: The Soul of Africa and the Coming Gold Rush Dallas L. Browne Culture: The Soul of Africa and the Coming Gold Rush. Africa's prosperity Report: The winners and losers. CNN Marketplace Africa covers the macro trends impacting the region and also focuses on the continent's key industries and corporations According to new research from the Legatum Institute, which last week ranked prosperity in 38 African countries around criteria ranging from economics to education to health, the title belongs to Botswana, the diamond-rich country in southern Africa.
As well as posting a relatively high per capita Gross Domestic Product (GDP) of $15,176, Botswana also fared well in terms of governance, education and personal freedom. As the country spends 8% of its GDP on education, it is among the biggest proportional spenders in the world according to the World Bank. This is the third year in a row that Botswana has topped the index. In contrast, the Central African Republic was the lowest ranked country on the continent. En Afrique, la croissance est toujours à l’Est. L’Ouganda et l’Ethiopie sont moins exposés à la baisse du prix des matières premières L’Afrique subsaharienne affiche depuis 2008 une croissance de 5% par an, en moyenne, sur laquelle la crise n’a pas eu de prise.
BOP Market by Income Segment: Africa - $429 Billion. SUNDAY TIMES - Mozambique millionaires leading Africa's growing rich list. Réchauffement climatique : la carte des 15 lieux les plus menacés d'Afrique - JeuneAfrique.com. À l'occasion du sommet sur le climat organisé le 23 septembre à New York par le secrétaire général de l'ONU, Ban Ki-moon, "Jeune Afrique" publie sa carte des 15 lieux les plus menacés par le réchauffement global.
Vivez-vous dans l'un d'entre eux ? Le mois d’août 2014 a été le mois d’août le plus chaud sur la planète depuis le début des relevés de température en 1880, a indiqué jeudi 18 septembre l’Agence américaine océanographique et atmosphérique. Le tour de passe-passe fiscal des multinationales en Afrique. Dans un rapport, l’association pointe la responsabilité des multinationales qui « escroquent » chaque année le continent de plusieurs milliards d’euros. «Mafia in Africa»: six enquêtes pour comprendre le crime organisé. « La mafia italienne s’est établie de manière discrète, mais mortelle en Afrique. Ses membres possèdent mines, discothèques et terrains, avec la complicité des régimes corrompus. » Sur le site allemand Correctiv qui publie les enquêtes (en anglais, accès gratuit), l’introduction générale annonce la couleur au cas où le titre du projet n’était pas assez limpide. « Mafia in Africa » est le fruit du labeur de journalistes d'investigations, membres de deux consortiums italiens et africains qui ont soutenu le projet : l’Investigative Reporting Project Italy (IRPI) et l’African Network of Centers for Investigative Reporting (ANCIR).
L’Afrique noire est cette fois bien partie, si... L'Afrique, deuxième zone géographique la plus représentée dans l'indice MSCI Frontier Market. Millennials growing Africa’s mobile economy. In many respects, Africa is on the cusp of a new dawn. Never in the history of the continent has technology and society had such a close relationship as we see it today, as the activities of citizens, companies and governments continue to generate information and data at a rate unforeseen in human history. Data is poised to be the next most valuable natural resource, and from all indications, Africa is not prepared to be left behind in the emerging data-driven global economy. The combination of data and the mobile culture will be a key competitive advantage for citizens, companies, national and sub-national governments in Africa, fueling vast economic growth and societal progress.
Recent studies show reveal that 80% of all the data in the world was created in past three years. Africa As Investor Goldmine - Why This Time It’s For Real. -OpEd- PARIS — As Europe barely recovers from an unprecedented crisis, the African continent is experiencing a vigorous period of growth. This long-awaited shift is slowly but steadily making investors more confident, even if they remain aware of the risks. According to a recent study conducted by Havas Horizon, investors are showing broad optimism concerning the future of the African economy, and are now ready to reinforce their positions and investments on the continent. The Potential of Big Data in Africa.
Africa may trail the US and Europe in terms of technology, but the gap is closing fast.