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Making Finance Work for Africa

South Africa’s success in getting the financial sector to extend services to poorer communities could be adapted for other African countries, said Trevor Manuel, Minister of Finance of South Africa. He told participants that this is exactly what has been achieved by South Africa’s Financial Sector Charter. The charter was developed some four years ago by the financial sector, including banks and insurers, after the government urged it to transform its practices and policies

SME's - why compliance models work in Africa

Compliance models offer Africa the best hope for creating SME's

What Kind Of Business Should I Start?

This is a question I continually get asked and it is one of the hardest to answer. One of the biggest problems is that people who ask this question are those that have destined themselves to fail – mainly because they miss one important entrepreneurial skill – passion! They are invariably looking for a business that will make them a lot of money for very little effort. So what do I usually suggest?

Moms Working at Home - A New Kind of Business Woman

Women today want it all. They want to be successful in their work lives as well as their home lives. Some women who no longer want to have to choose family over career, or visa versa, have chosen to become moms working at home, the kind of woman who can have it all and then some.

Dads Working From Home presents: What kind of business should I start?

While just about anything can be fashioned into an online business, for our discussion we’ll highlight the three most popular and successful approaches to the home business.

3.0 Global Development Challenges for Africa in 2006: Economic Report on Africa 2007

This chapter deals with Africa’s global development challenges in 2006. These challenges particularly relate to trade negotiations at the multilateral and bilateral level and to financing development.

5.1 Industrialization strategies still have a place in Africa: Economic Report on Africa 2007

Industrial production at the continental level was found to lead to deepening of diversification.

5.1 Insufficient investments in Africa have hindered the deepening of diversification: Economic Report on Africa 2007

Using the results for Africa shown in table A5.1, it is possible to compute what one could call a turning point in the relationship between investment and diversification.

4.0 Diversification trends in Africa: Economic Report on Africa 2007

The diversification of African economies is one way through which the recent economic growth achievements could be sustained. Africa’s economic transformation can be achieved through both horizontal and vertical diversification. In addition, such diversification will help to build competitive economies that can productively be integrated into the global economy. Diversification is therefore a pre-condition if Africa is to register accelerated development. The scaling-up of current real growth to desired levels and in a broad manner can also be sustained if there is deepening in the diversification of African economies.

4.2 Diversification regimes in Africa: Economic Report on Africa 2007

Analysing the various diversification indices and the structure of the top ten export commodities for selected countries over the last two decades and a half provides some useful insights which can be used to define diversification regimes that characterize Africa. Five diversification regimes can be identified from Africa’s experience (see Ben Hammouda et al. 2006b). These regimes should not be viewed as steps or as a continuum that a country must follow as it moves from a concentrated to a diversified economy. Rather, the regimes are a result of the policy actions that a country has set in place over a given period of time. The particular regime that a country falls into is likely to be the result of a mix among the various diversification determinants.

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