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North Africa Tagged Articles
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Quote: Taking African products where there’s no bias
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| While more established economies begin to focus on the revenue potential of emerging economies, many of those emerging economies are also seeing the benefits of selling to each other. |
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The 5 killer myths for any business OR how to fail successfully in business...
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| The article talks about the 5 myths I have observed in my numerous interactions with entrepreneurs across the world. From my experience most of the times these myths have more to do with the business failure rather than the external forces. Read on... |
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4.2.1 The gendered nature of poverty
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| Over two thirds of those living in absolute poverty are women (UNDP, 1998). As noted earlier, women are very heavily concentrated in the most marginal survival enterprises (often working at home) and in wage employment in secondary labour markets that are characterised by low skills and high turnover. In Sub-Saharan Africa, they also undertake the bulk of agricultural production. The 'training crisis' is, therefore, overwhelmingly linked to the economic and social vulnerability of women and particularly the multiple constraints that prevent them from exploiting training opportunities. |
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III. STOCK MARKET DEVELOPMENT IN SUB SAHARAN AFRICA:TRENDS AND CHARACTERISTICS
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| There has been a considerable development in the African capital markets since the early
1990s. Prior to 1989, there were just five stock markets in sub-Saharan Africa and three in
North Africa. |
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Introduction: Stock Market Development in Sub-Saharan Africa
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| This paper examines the economic importance and the future of African stock markets. It
seeks to shed light on the controversial link between stock market and economic growth—
from both corporate finance and macroeconomic perspectives. It also discusses policy
options for promoting the development of the stock market in Africa. |
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4.1 Diversification trends at the subregional level: Economic Report on Africa 2007
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| The general picture of the continental performance that was shown in figure 4.1
masks the gains and losses made at the subregional and country levels. Figure 4.3
gives the situation at the subregional level and it compares five subregions defined
around some of the RECs. In 1980, the most diversified subregions were COMESA
and ECOWAS. The least diversified was CEMAC with SADC and North Africa in
between. By 2002, the diversification gains at the subregional level had changed,
with the most significant gains made by SADC, which is now the most diversified
subregion on the continent. It is followed by COMESA and North Africa. CEMAC
has remained the least diversified subregion. |
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SMEs in Africa: the “Missing Middle”
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| The development of the private sector varies greatly
throughout Africa. SMEs are flourishing in South Africa,
Mauritius and North Africa, thanks to fairly modern financial
systems and clear government policies in favour of private
enterprise. Elsewhere the rise of a small-business class
has been hindered by political instability or strong
dependence on a few raw materials. |
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6.1 The informal sector: Gender Entrepreneurship and Competitiveness in Africa 2007
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| Entrepreneurs—male or female—constitute a very small
percentage of the population, according to household
survey data. Almost everywhere, less than 1 percent of all
women of working age (15 to 65 years old) are
“employers”—that is, women who own a business in
which they employ hired labor. |
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2.4 Growth prospects for 2007 and the medium-term outlook: Economic Report on Africa 2007
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| Africa is expected to grow at a rate of 5.8 per cent in 2007, slightly higher than
the rate recorded in 2006 (5.7 per cent) (figure 2.8). Positive growth rates are projected
for all subregions led by North Africa (6.6 per cent), East Africa (6.0 per
cent), Southern Africa (5.4 per cent), West Africa (4.9 per cent) and Central Africa
(3.5 per cent). |
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2.3 Social Development I: Economic Report on Africa 2007
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| While growth has recovered on the continent, the gains in terms of social development
and poverty reduction are still limited. This sub-section reviews the evidence
on social development through the lenses of the MDGs. Following a discussion
of progress and challenges for the various goals, the sub-section provides a more
detailed discussion of the challenges posed by HIV/AIDS. More details on progress
towards the MDGs in Africa is provided in various ECA documents, including a
forthcoming report (UNECA 2007), as well as reports by other United Nations
publications (e.g. UNDP and UNICEF 2002). |
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2.1 Growth performance II: Economic Report on Africa 2007
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| Subregional growth performance varies substantially |
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Other North Africa Related Articles
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Booming IT Spending in Middle East & Africa
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| Impressive stuff on IT growth in the Middle East & North Africa, all contained in a new IDC report: |
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Wall Street, “Africa is Investing’s Final Frontier”
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| I came across an interesting article in Canada’s Globe & Mail entitled, “Africa - Investing’s Final Frontier?“. The piece talks about how Africa has been overlooked, primarily due to the perceived risks associated with putting money into play in Africa. They quote extensively from Merrill Lynch chief investment strategist Richard Bernstein and his thoughts on what makes Africa a potential big hit in the coming years. |
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7 Lessons from Africa’s Successful Entrepreneurs?
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| So far The Benin Epilogue has attempted to tackle several different issues. Key among them have been:
Building awareness about the entrepreneurs behind a few of Africa’s most thriving enterprises
Helping to illustrate why foreign firms should do more foreign direct investment in Africa
Attempting to showcase the diversity that exists in Africa’s business environment
One of the topics which we have not touched on yet, here, is what can a entrepreneur in Africa do to find success?
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2.4 Growth prospects for 2007 and the medium-term outlook: Economic Report on Africa 2007
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| Africa is expected to grow at a rate of 5.8 per cent in 2007, slightly higher than
the rate recorded in 2006 (5.7 per cent) (figure 2.8). Positive growth rates are projected
for all subregions led by North Africa (6.6 per cent), East Africa (6.0 per
cent), Southern Africa (5.4 per cent), West Africa (4.9 per cent) and Central Africa
(3.5 per cent). |
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Blogging Africa into the 21st Century
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| Discussion on Africa’s development is taking a new dimension. Bloggers have joined this debate and are employing new ways to initiate dialogue about Africa’s development round the world. The latest craze that seeks to use technology to push Africa into the 21st Century is the Carnival of Africa Enterprising. This is basically a traveling web magazine or blog that discusses business in Africa. |
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What Can Be Done in North America to Help Better Support African Entrepreneurship?
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| The most important support from North America could be training. Due to the difficulties in
Africa, it is often found that people are necessity entrepreneurs. |
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SMEs in Africa: the “Missing Middle”
| |
| The development of the private sector varies greatly
throughout Africa. SMEs are flourishing in South Africa,
Mauritius and North Africa, thanks to fairly modern financial
systems and clear government policies in favour of private
enterprise. Elsewhere the rise of a small-business class
has been hindered by political instability or strong
dependence on a few raw materials. |
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4.1 Diversification trends at the subregional level: Economic Report on Africa 2007
| |
| The general picture of the continental performance that was shown in figure 4.1
masks the gains and losses made at the subregional and country levels. Figure 4.3
gives the situation at the subregional level and it compares five subregions defined
around some of the RECs. In 1980, the most diversified subregions were COMESA
and ECOWAS. The least diversified was CEMAC with SADC and North Africa in
between. By 2002, the diversification gains at the subregional level had changed,
with the most significant gains made by SADC, which is now the most diversified
subregion on the continent. It is followed by COMESA and North Africa. CEMAC
has remained the least diversified subregion. |
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Improving Management of Oil Revenue during Periods of Price Booms
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| With more than 100 billion barrels, Africa had 9 per cent of the world’s oil reserves by the end of 2003. Half are
located in North Africa. In sub-Saharan Africa, the oil-producing countries can be divided into three categories: the
old ones where production is in decline (Congo, Cameroon and Gabon); those where production is still on the
increase (Angola, Nigeria); and the new members of the club (Equatorial Guinea, Chad and São Tomé and Principe).
However, most of these countries have suffered from the “oil curse” finding themselves heavily indebted and
impoverished. |
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III. STOCK MARKET DEVELOPMENT IN SUB SAHARAN AFRICA:TRENDS AND CHARACTERISTICS
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| There has been a considerable development in the African capital markets since the early
1990s. Prior to 1989, there were just five stock markets in sub-Saharan Africa and three in
North Africa. |
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