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Under the Hood VIII

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Semi-Nomadic Himba Do A Good Job In A Psychological Test Of Flexible Thinking : Goats and Soda : NPR. World Bank’s Legal Immunity Stripped, Opening Door for Lawsuits. Africa & Middle East Installed Close To 1 Gigawatt Of New Wind In 2018. Half of the world’s poor live in just 5 countries. Of the world’s 736 million extreme poor in 2015, 368 million—half of the total—lived in just 5 countries.

Half of the world’s poor live in just 5 countries

The 5 countries with the highest number of extreme poor are (in descending order): India, Nigeria, Democratic Republic of Congo, Ethiopia, and Bangladesh. They also happen to be the most populous countries of South Asia and Sub-Saharan Africa, the two regions that together account for 85 percent (629 million) of the world’s poor. Therefore, to make significant continued progress towards the global target of reducing extreme poverty (those living on less than $1.90 a day) to less than 3 percent by 2030, large reductions in poverty in these five countries will be crucial. However, we mustn’t lose sight of the numerous other countries with high poverty rates. As poverty projections to 2030 for these five countries reveal, uneven outcomes are likely (see figure 2). To learn more, read the recently released Poverty and Shared Prosperity report 2018, “Piecing Together the Poverty Puzzle.” Africa, le aree di crisi che segneranno la stabilità del continente. 10 million African students become jobless after graduation each year.

Africa’s debt crisis: Who is to blame? Mozambique's population knows what a debt crisis feels like.

Africa’s debt crisis: Who is to blame?

Teachers aren't getting paid; schools can't provide furniture for the students. "In our hospitals the doctors tell the patients: You came here for nothing. We don't have the drugs," says Eufrigina dos Reis, a Mozambican human rights activist. Mozambique's coffers are empty, drying up all funding for education or health. With 34 military sites, Africa is the second field for American military operations after the Middle East - Ecofin Agency. (Ecofin Agency) - The US military presence in Africa is more important than what the Pentagon pretends, documents published by the American magazine The Intercept on December 3, 2018, reveal.

With 34 military sites, Africa is the second field for American military operations after the Middle East - Ecofin Agency

Overall, the United States has 34 military sites in Africa, the investigative magazine informs. There are namely 14 bases as well as 20 camps and outposts. The continent is thus the second American military operation field, after the Middle East, with a specific interest for drone bases. According to a report by Peter Teil, technical adviser at the Pentagon, the most important base is Camp Lemonnier, Djibouti, which is "the main platform" for American operations. At Camp Lemonnier, which is the largest drone base in the world, there are more than 4,000 men for operations in Africa and the Middle East as well. The overlooked revolution for business in Africa. As global business interest in Africa has blossomed, we have found ourselves traveling the world to help executives understand where the true opportunity lies, and how their businesses can seize that opportunity before their competitors do.

The overlooked revolution for business in Africa

A few years back, one of us (Acha) found himself in Seoul, presenting to the chairman of one of the largest Korean conglomerates. At that stage, the company had almost no presence in Africa, and its executives were concerned that their Chinese competitors were stealing a march on them. We strive to provide individuals with disabilities equal access to our website. If you would like information about this content we will be happy to work with you. Please email us at: McKinsey_Website_Accessibility@mckinsey.com The McKinsey team arrived at the meeting armed with a PowerPoint presentation, whose first page was a map of Africa.

“Yes, there are two Congos. Humans may have transformed the Sahara from lush paradise to barren desert. Once upon a time, the Sahara was green.

Humans may have transformed the Sahara from lush paradise to barren desert

There were vast lakes. Hippos and giraffe lived there, and large human populations of fishers foraged for food alongside the lakeshores. The “African Humid Period” or “Green Sahara” was a time between 11,000 and 4,000 years ago when significantly more rain fell across the northern two-thirds of Africa than it does today.

The vegetation of the Sahara was highly diverse and included species commonly found on the margins of today’s rainforests along with desert-adapted plants. It was a highly productive and predictable ecosystem in which hunter-gatherers appear to have flourished. These conditions stand in marked contrast to the current climate of northern Africa. How the Sahara became a desert The stark difference between 10,000 years ago and now largely exists due to changing orbital conditions of the earth – the wobble of the earth on its axis and within its orbit relative to the sun.

Qz. Ethiopia’s prime minister Abiy Ahmed is rewarding women’s contributions to the nation’s progress.

qz

In a cabinet reshuffle on Tuesday (Oct. 16), Abiy cut the number of ministries from 28 to 20 and named 10 women among the new appointees. Women will now run key dockets including defense, trade, transport, and the newly-established ministry of peace that will tackle the wave of ethnic violence that has swept the country. Abiy said the move was meant to “show respect” to the women’s participation in nation-building and to “disprove the adage that women can’t lead.”

The record 50% female representation is a win for the new premier who has undertaken strategic and radical reforms, both domestically and externally, since coming to power in April. The sweeping reshuffle is also a win for Ethiopia’s diverse federalism: with over 80 ethnicities, the Horn of Africa nation has long been dominated by few groups.

The battle for trade, business in Africa, Africa News. Business opportunities in Africa that will make more millionaires in 2018 - Part 2. This is the second of a two-part series of opportunities in the continent that will create millionaires in Africa in the African continent.

Business opportunities in Africa that will make more millionaires in 2018 - Part 2

The continent’s new wave of entrepreneurs are investing in sectors that create social impact in long standing challenges which affect a significant section of the population. Most of these problems are tough, widespread and decades old. But while they are scary and frustrating to most people, entrepreneurs see them for the breathtaking opportunities they really are. Local products for export.

Africa’s Economic Growth Prospects Amongst the World’s Brightest. By Ayodele Odusola (united nations)Thursday, August 23, 2018Inter Press Service UNITED NATIONS, Aug 23 (IPS) - Dr Ayodele Odusola is Chief Economist, UNDP Regional Bureau for AfricaThe best time to invest in Africa is now.

Africa’s Economic Growth Prospects Amongst the World’s Brightest

However, foreign investors have not moved into the continent as quickly as expected because foreign investment decisions are often methodically over-structured. One of the major factors cited is too much risk. But risks and profits are inseparable twins: high-risk ventures are frequently associated with higher profits. Africa is the most profitable region in the world. Ecobank Group Research reveals three key emerging trends for Africa. Business News of Saturday, 18 November 2017 Source: thebftonline.com The 2017 version of Ecobank Research’s Fixed Income was launched at Africa FICC The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, was launched at AfricaFICC.

Ecobank Group Research reveals three key emerging trends for Africa

Indicating a positive outlook for the continent, three key trends are forecast to take hold during the next 12 months. Africa Is Urbanising Without Globalising. Automation will wipe out jobs in Africa, others - W/Bank. Western Union, MoneyGram Charge Africans Twice as Much to Wire Money Home, Report Finds. Sub-Saharan African expatriates working in the U.S. and Europe pay twice as much to wire money home than their Southeast Asian or Latin American counterparts, according to a report from a British economic development organization published this week.

Western Union, MoneyGram Charge Africans Twice as Much to Wire Money Home, Report Finds

Transaction fees cost the region an estimated $1.8 billion annually, the report from the Overseas Development Institute (ODI) said. Whereas remittance fees have gone down for people sending money to Latin America and Southeast Asia — in keeping with G8 and G20 targets to reduce transaction costs — the cost of sending money home to Africa has remained the same. Remittances account for 5 percent of the entire continent’s GDP, but Maria Quattri, one of the authors of the report, argues that a great deal more is “lost in intermediation.” That money, said Quattri, could be used to educate 14 million children in the region, “half of the number out of school.” 10 countries with lowest unemployment rates in Africa. Photo: New job. Photo/Courtesy 1. Middle Income Grps & Sub Classes(by Percentage of Pop.) by Country. Africa in 2050, The Longterm Economic Picture by Country. Africa map of Map of Sub-Saharan Africa: Middle Income Countries(MICs) Groupings [2012 Data] by Country.

Classement des villes africaines qui abritent le plus de millionnaires, selon New World Wealth et AfrAsia Bank, en 2016. Three times as many mobile phones as toilets in Africa. BULAWAYO — Though key to good health and economic wellbeing, water and sanitation remain less of a development priority in Africa, where high costs and poor policy implementation constrain getting clean water and flush toilets to millions. Clean water is still a pipe dream for more than 300 million Africans A signatory to several agreements committing to water security, Africa simply cannot afford the infrastructure to bring water to everyone, argues water expert Mike Muller. Sub-Saharan Africa uses less than 5% of its water resources, but making water available to all can be prohibitively expensive, Muller, of the Wits University School of Governance in South Africa and a former director general of the South African Department of Water, said.

Economie : la Chinafrique est une réalité – medias-presse.info. Les Africains ont connu la colonisation européenne, qui, leur a apporté médecine, infrastructures routières, éducation, développement, mise en valeur de leur potentiel économique, les faisant passer en un siècle de l’âge de pierre à Internet. La route transsaharienne Alger-Lagos opérationnelle en 2018. La route transsaharienne Alger-Lagos sera opérationnelle en 2018, c’est ce qu’a annoncé le ministre des Affaires maghrébines, de l’Union africaine et de la Ligue des Etats arabes, Abdelkader Messahel à la télévision nationale algérienne.

Par Nassim Mecheri, correspondant à Alger « La route transsaharienne est importante et stratégique car elle favorise le partenariat entre les Africains, l’infrastructure étant le fondement de tout échange économique », a indiqué M. UNIDO 2016 G20 08 25. How Connectivity Is Opening Up Infrastructure Across Africa - Information Security Buzz. In the Western world utilities are often taken for granted. The majority of citizens live in a house with water, electricity and gas automatically connected and monitored on meters; very few will even consider the prospect of life without what they see as basic necessities.

There is no starker contrast to the Western world’s approach to utilities than in Africa. 115 people in Africa die every hour from diseases linked to contaminated water, while 589 million habitants live without electricity. However, mobile technology is already starting to change the shape of utilities across the continent, so much so, that other regions could learn from the IoT deployments which are already changing lives. Unplugged Accessing utilities in the Western world is relatively straight forward. Phone companies understand you have credit in place to pay for the service in advance, as you have an address and are associated with a bank, and have a measurable credit rating. Forced to innovate Wider impact. Opinion: Africa Could Easily Be A Global Economic Powerhouse Within 10 Years.

Senegalese factory. Grandiose Plans To Finally Map Out Africa: Motion Without Movement? Why African States Are Refusing to Sign On to EU Trade Deals. Prolonged and contentious trade negotiations between the European Union and different regions of Africa have been put back into the spotlight in recent months. Despite negotiating Economic Partnership Agreements, or EPAs, with the EU, several key African states have failed to sign them. Britain’s referendum on leaving the EU last June has added an extra dimension of uncertainty to the situation. This threatens to derail years of trade talks between Europe and Africa, which changed significantly with the signing of the Cotonou Agreement in 2000 between the EU and the African, Caribbean and Pacific Group of States, or ACP countries. Pierre Jacquemot : « L’Afrique est en train de vivre sa seconde indépendance et cherche les dividendes de sa démographie »

Nigeria to join Continental Free Trade Agreement. Frost & Sullivan's top tech trends for Africa in 2017 - Part 1. It's easy to be inundated by the avalanche of technology that exists and is constantly coming out, leading to a plethora of emerging trends in the market and across the globe. Frost & Sullivan states that what’s of particular interest to them isn’t just what the technology is capable of, but from an African perspective, what it actually means for the market in its application and the wider implications in its development and deployment. To that end, the Information & Communication Technologies (ICT) team has prepared its view on key trends that will emerge over the course of 2017. This won’t necessarily be a ‘we told you so’, but rather an overview of trends to keep front of mind when looking over the vast landscape that is evolving technologies. Africa: Things May Have to Get Worse to Get Better in Africa. They Certainly Got Worse in 2016.

Africa is still a difficult region for paying taxes - PwC report. Africa is still a difficult region for paying taxes - PwC report Economies around the world continue to make progress in simplifying and reducing the burden of tax compliance on business, according to the latest edition of Paying Taxes 2017, a report by the World Bank Group and PwC. Released today, the report finds that the Total Tax rate decreased by 0.1 percentage points to 40.6 percent; time to comply declined by 8 hours to 251 hours; and the number of payments by 0.8 to 25 payments. The Paying Taxes 2017 report examines the ease of paying taxes in 190 economies. Africa: Unleashing Africa's Full Potential. Taxes Rates by Country[2013 Data] by Country. The Geopolitics: Africa’s Historical Rich Oil-Curse. A sober diplomatic analysis of China, the West and others quest for African oil minerals By: Josephus Moses Gray. "L'avenir de l'Afrique se jouera dans les villes" (Pierre-Antoine Balu, PwC)

Le continent africain, plus que tout autre, est confronté à l'immense défi d'une urbanisation accélérée. D'ici à 2030, les projections démographiques prédisent une accélération de l'exode rural, avec près de la moitié de la population africaine qui vivra dans des villes. 2020-2050 : "Trente glorieuses" pour l'Afrique ? L'avenir de l'Afrique appartient aux Africains. 18 African countries to automate online intellectual property registration. Mauritius Has The Fastest Growing Wealth Market In Africa - Report. AFRIQUE : "Les grands défis de l’Afrique francophone" par Ilyes Zouari (revue Population & Avenir) African Continental Free Trade Area: Developing and Strengthening Regional Value Chains in Agricultural Commodities and Processed Food Products. La BAD crée un Fonds pour l’intégrité de l’Afrique. Economies by Stage of Development [2013-2014] by Country. Global Competitiveness Score [2013-2014] by Country.

IT News Africa – Africa's Technology News Leader. Pêche illégale : l'Afrique sanctionne... enfin. Africa has ‘lost $1.7 trillion’ in 50 years. The Namibia Economist. Kagame now picks Dream Team to drive AU independence. Afrique: AGOA - Le commerce non-pétrolier a quadruplé entre le continent et les USA - allAfrica.com. Africa's blue economy worth $250 billion. L' économie bleue, levier du développement du continent Africain. Untitled. African presidents urge investment in youth as continent sees rare demographic opportunity. Mastercard study reveals African consumers seek more digital services. Market Prioritization Framework, Risk & Priority [2013 Data] by Country. Risk opportunity matrix for Consumer Goods & Svcs sector [2013 Data] by Country. Priority Consumer Markets for FMCGs (Horizon 2020) by Country.

Household Consumer Spending [2009 Data] by Country. L’Afrique concentre la moitié des pays à plus forte croissance de la planète, Afrique - Moyen Orient. Africa’s E-Learning Market Doubles to $500 Million. Manuel Valls : « Ce siècle sera celui des Africains » Economic Partnership Agreement :Six African Countries Granted Duty Free Trade With The EU. Inside Story - How can food security in Africa be achieved? Talk Africa: Africa and the G20. Press Conference - AU’s Trade and Industry Agenda as a catalyst for Africa’s Development-13July 2016.

Africa may become the next China. Why African countries are refusing trade pacts. New Study Reveals Africa's Most Promising Sectors To Watch. L’Afrique veut continuer de se développer, sans les conseils de l’Occident. Africa stands to benefit from new trade deals and, possibly, from Brexit. Afrique : le défi d'une urbanisation galopante. Cities of opportunity in Africa. Can Africa Achieve First World Status? Africa – the great opportunity. Economistes africains et souveraineté monétaire de l’Afrique: tromperies/malentendus ? L’Afrique fait le pari de l’« industrialisation verte » Ecobank research reveals Africa’s five investment hot spots. Risk-averse companies missing out in Francophone Africa. Explicit cookie consent. Brexit Shock Spreads To Africa - ValueWalk. Africa needs a dose of punctuality and cleanliness. Une étude d'Ecobank sur l'impact du Brexit.

Sub-Saharan Africa Agriculture to Rise 2.6% Yearly Through 2025. Africa to feed world by 2025. Africa Can Feed Just 40% of its Population in 2025 - United Nations University, World Bank. What does China want in Africa Part One. African Futures Project "Eliminating Poverty" infographic. Afrique : Classements des pays producteurs de matières premières. La concurrence stratégique entre les pays africains est réelle. Afrique : le défi d'une urbanisation galopante. Africa: Thirty African Nations Cut 'Multidimensional' Poverty in 'Runaway Success' Great Leaders Aren’t Born – They’re Made. And Africa is Showing us How - Africa.com. Let’s sort out the facts from the fiction of Africa’s rising middle class — Quartz. Zambia : African countries achieved considerable economic progress in 2015 despite challenges.