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2.6 References: Economic Report on Africa 2007
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Wanted: jobs for Africa’s youth - Education and training
“It is clear that to rise out of poverty, the people of our continent need jobs and education,” says ECA Executive Secretary Janneh. “Not just any job, but one that provides a decent wage and employment conditions.” According to the Addis Ababa-based ECA, it is crucial for countries to expand training, lifelong learning, education and other means of improving skills, with a particular focus on young people.

The Role of Microfinance in Addressing the HIV/AIDS Pandemic in Zambia: The Rainbow Model Provides a Future for AIDS Orphans
Poverty and HIV/AIDS constitute a vicious circle. Poverty creates vulnerability to HIV/AIDS, and HIV/AIDS leads to poverty. Unfortunately, the interventions of the national and international community are not moving as quickly as the desperation and the loss of hope in the people coping with the pandemic at the grassroots level.

5.5 The HIV/AIDS threat: Working Out of Poverty
Over 25 million workers are infected with HIV/AIDS, and millions more affected by the pandemic. The ILO has calculated that the size of the labour force in high-prevalence countries will be between 10 and 30 per cent smaller by 2020 than it would have been without the effect of HIV/AIDS, which poses a serious threat to economic growth and development prospects. Macroeconomic performance is undermined by rising labour costs associated with the pandemic, through skills shortages, sickness and absenteeism and reduced productivity and economic competitiveness, resulting in a shrinking tax base, less foreign investment and fewer jobs.
Sub-Saharan Africa Learning What Works
Africa is the world's poorest continent. But for the first time in a generation—amid all the bad news—there is hope for change. An increasing number of countries in sub-Saharan Africa are showing signs of economic progress, reflecting the implementation of better economic policies and structural reforms.
African Economic Performance in 2004: A Promise of Things to Come?
Against a backdrop of sustained global growth and high commodity prices, Africa has experienced its best economic performance in many years. While recent economic performance is not merely driven by favourable external factors, African economies still lack proper “shock-absorbers” to withstand internal (e.g. drought and floods, political instability, HIV-Aids, etc.) and external (e.g. volatility of commodity prices and exchange rates) shocks alike. They remain strongly vulnerable. In this context, creating the conditions for the development of indigenous drivers of economic activity (starting with a thriving local private sector) is a top priority.
Champions from Africa: What It Takes to Be a Global Leader
"Aspiration is a driver of socio economic development", said Brian C Bruce, Chief Executive, Murray & Roberts Holdings, South Africa. South Africa has been and remains a critical link in the world, he said. This is exemplified by its leaders Jan Smuts who influenced the future shape of the world between the wars, Thabo Mbeki with his vision for Africa in the 21st century, both bringing different perspectives to the global dialogue.

What s Holding Back Africa s Growth?
This plenary session discussed the contributing factors to Africa s poor economic growth, including the conclusions of the World Economic Forum s Africa Competitiveness Report 2004, and the actions that governments and business can take to promote economic growth. The discussion included calls from business participants and the panel for action against corruption on the continent.

IV. A. Private Traders: THE ROLE OF THE PRIVATE SECTOR
Mirroring its contributions to domestic economic activity, China’s private sector is in the forefront of the country’s external trade and investment expansion. However, its role in China-Africa economic relations has been much less appreciated, in part because there are no reliable data. Understanding China’s private enterprises (including those that are joint ventures and collectively owned) and their activities in Africa is important for assessing the evolution of trade and capital flows between China and Africa.
V. D. The Future of China-Africa Economic Relations: FACTORS INFLUENCING THE GROWING TIES
China’s growing role in Africa is not transitory. As China-Africa economic relations are increasingly based on trade and investment, and trade is based on more than just commodities, the relationship is likely to expand, along with economic growth in China and Africa. Economic relations are increasingly dominated by commercial ties rather than by aid considerations (Box 2).
CONCLUSION: What Drives China’s Growing Role in Africa?
This paper intends to provide an assessment, based on fractional information, of China’s economic involvement in Africa and to identify the forces shaping burgeoning China-Africa economic relations. The study is undertaken against the background of a rapidly changing landscape of international trade and finance that has eclipsed traditional aid flows to middleincome countries, making Africa ever more central for development finance.
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