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continental africa Tagged Articles
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Go to Africa, Young Investor
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| While frontier markets in Africa are not yet the new Brazil, let alone the new South Korea, there are ample reasons to be optimistic about the economic resurgence in many African countries. |
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Other continental africa Related Articles
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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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2.1 Growth performance I: Economic Report on Africa 2007
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| This section examines recent economic performance at the continental and subregional
levels. It discusses disparities in growth performance and the factors behind
the observed disparities across countries and subregions. The analysis pays particular
attention to structural factors such as endowment in natural resources, the role of
policies and institutions as well as non-policy drivers of growth, including exogenous
factors such as natural calamities, geography, and civil conflicts. The discussion highlights
key constraints to growth in Africa and strategies to address these constraints. |
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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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Outsourcing Business Processes to Africa
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| For those of you who have not known me long, you may not have known me long-but you do know that I am crazy about letting others know why they should be doing business in Africa. But people are imperfect, as I wholeheartedly admit that I am an example of human imperfection. It has occurred to me that sometimes in my zest for talking about Africa’s business environments, I may tend to speak in a very general sense. But maybe if you have been on the receiving end of such a conversation, and you have said to yourself-”what type of business in Africa?” or “Africa, I thought that people only go there to help the needy”. |
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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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5.1 Macroeconomic stance is crucial to diversification outcomes: Economic Report on Africa 2007
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| An important aspect of the diversification debate and of Africa’s experience has to
do with the role that macroeconomic policy plays. This has also been investigated at the continental level in the results that are presented in table A5.1. Two important
indicators of macroeconomic stability, depending on the macroeconomic policy in
operation, are inflation and real effective exchange rates and these are found to be
among the most critical determinants of diversification outcomes in Africa. |
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5.3 Conclusion: Economic Report on Africa 2007
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| This chapter has shown that there are clear and measurable determinants of diversification
in Africa at the continental, subregional and country level. Despite the
inadequacy of African data, it may be said that, at least at the continental level, the
diversification process is highly influenced by investment, per capita income, level
of openness, macroeconomic policy stances, governance, and conflict. |
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Introduction - Abstract - Factors Impeding the Poverty Reduction Capacity of Micro-credit: Some Field Observations from Malawi and Ethiopia
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| Poverty reduction has been identified as the overarching long term goal for most of the development
interventions in Africa, and more recently crystallised in the Millennium Development Goals and
the New Partnership for Africa’s Development (NEPAD). In Africa, more than 40% of its 750
million people live below the internationally recognized poverty line of $1 a day, and the evidence
is even more worrying for sub-saharan Africa. |
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