Archive for: August, 2013

Africa Renewal: Most African Countries Will Be Middle Income by 2040

Kigali

It’s been a year since Carlos Lopes was appointed UN under-secretary-general and executive secretary of the Economic Commission for Africa (ECA), based in Addis Ababa, Ethiopia. As the head of ECA, he is in charge of promoting the economic and […]

 
 

Public-Private Collaboration Can Make Africa Globally Competitive

Public-Private Collaboration Can Make Africa Globally Competitive

Africa’s economies have been experiencing annual growth rates well above 5% in the last decade. There is widespread optimism about the Region’s prospects for steady growth amidst a global economic downturn. However, as The Africa Competitiveness Report 2013 cautions, serious […]

 
 

As Africa’s Grows, Poverty Must Be Reduced

As Africa’s Grows, Poverty Must Be Reduced

Africa’s booming economic growth fuelled by a rigorous focus on government and citizen accountability will boost poverty reduction and promote shared prosperity, according to the World Bank’s latest Africa’s Pulse, the twice-yearly analysis of the economic trends and latest data […]

 
 

Africa Top Five Biggest Economies: How They Did in 2012

Africa Top Five Biggest Economies: How They Did in 2012

A recent report by the African Development Bank projected that, by 2030, most African countries will attain lower-middle to middle-class majorities, and that consumer spending will explode to about $2.2 trillion. The African economy is christened the “Lion Market,” and […]

 
 

Time for Africa to Turn Hope and Optimism into Real Action

Time for Africa to Turn Hope and Optimism into Real Action

African countries should focus on turning the optimism about the continent’s future into real action Inclusive growth must be the main goal for African development For more on the meeting, visit: www.weforum.org/africa2011 Cape Town, South Africa – In the past closing […]