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What matters is how individuals, firms and governments manage the Internet shutdown crisis when it occurs. → Read More
Perhaps, western liberal democracy in its unadulterated form has not quite succeeded inAfrica because it runs at variance with some local cultural entrenchments. → Read More
The prospects of democracy on the continent remain bright. But will development happen in tandem? → Read More
Acemoglu et al. (2019) show evidence that democracy engenders economic growth by attracting more investment, facilitating increased educational attainment, spurring economic reforms, decreasing social restiveness and thus the security of lives and property, and the provision of public services. Whether Africa’s democratic experiment thus far has led to differential economic … → Read More
This week I consider the healthcare, financials, information technology, communication services, utilities, and real estate sectors. → Read More
As discussed in the first part of the paper last week, my cultural framework for doing business in Africa relies on culture, doing business ranking, EM status, & soft power ranking to recommend sectors in Africa that are likely to be successfully tapped by foreign investors. Having already discussed the … → Read More
You need unreasonable men and women to change a culture towards progress. → Read More
Africa is vulnerable to the effects of climate change. Climate change, in association with socio-economic factors, definitely leads to conflict, and considerable evidence points to causal relationships among the effects of climate change and violent conflict. Climate change causes resource scarcity, which spurs competition that ultimately feeds conflict. Studies reveal … → Read More
Such interventions as Ghana's ranching programme might serve as a template for other West African countries grappling with similar issues. → Read More
Africa is most vulnerable to climate change The future effects of climate change are likely to be extremely severe in Africa. As a largely agrarian economy, based on a diverse landmass with wide climatic variations, and with limited adaptive capacity and political will to manage the consequences of adverse climate … → Read More
Climate change is the long-term modification of the Earth’s climate resulting from atmospheric changes and interactions among the atmosphere and other geological, chemical, biological, and spatial factors within the Earth’s powerful energy system. Climate scientists who collect and analyze information about our planet and climate on a global scale report … → Read More
There are doubts about whether Prosper Africa is really intended to help African countries. → Read More
"I found the substance of the plan a little unchanged from his inaugural statement in 2014." → Read More
The internet is a net job creator. → Read More
Digital IDs would be key It is not a certainty that Africans, when availed of low cost internet, would use it for productive economic activities, to earn income, say. According to a recent study, most Africans use the internet for social online activities. However, this is not unique to African … → Read More
Mobile telephony is engendering the formalisation of the informal economy in many African countries. → Read More
With AfCFTA now to be operationalised, there is a broader continental opportunity for GVCs. → Read More
Infrastructure and trade facilitation are reportedly better for firms inside African SEZs than for those outside them. → Read More
African SEZs have not been similarly successful. Bad luck and bad policy have been attributed by some as reasons why. → Read More
A major impediment is our multiple exchange rate regime, thus a unified market-driven exchange rate would be ideal at this time. → Read More