Tag Archives | economic development

Strengthening Access to Finance for Micro, Small and Medium Enterprises (MSMEs) in Nigeria

Corruption — the world’s third largest ‘industry’






The biggest issue facing business today is how to grow in a low growth economy. This is the challenge facing the G20 leaders when they meet in Brisbane later this week. Against that backdrop, corruption has a staggering impact on economic growth. At $3 trillion or around 5 percent of global GDP, if corruption were an industry, it would be the world’s third largest.

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Kigali climbing the ranks of Africa’s most liveable cities

Kigali climbing the ranks of Africa’s most liveable cities











Rwanda is steadily shedding its association with genocide and replacing it with one of progress, stability and liveability. Its capital city is at the heart of this transformation. What makes Kigali rank among the continent’s most liveable cities? We consider some of the top reasons for the city’s growing acclaim …

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African Potential: 
unleashed or unfulfilled?

African Potential: 
unleashed or unfulfilled?











A strong manufacturing sector can help Africa’s emerging economies escape the poverty trap and build sustainable growth. With a billion people spread across 54 diverse nations, and rich natural and agricultural resources, Africa is often described as the last true frontier for economic development.

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African Tobacco Farmers Want Their Voices Heard

Africa Brief: $130m for cell towers in Africa and more…











IHS Holding, a telecommunications infrastructure company, buys and manages the cell towers of mobile network operators. The company said last week it had raised a further $130m which will be used to accelerate its plans for expansion into new and existing markets.

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Tanzania to Ease Capital Control

Significant developments in private equity interest in Nigeria and Kenya











Private equity is a vital facet of sustainable development – serving as a mechanism to allow businesses to establish themselves, and to expand. Private equity funds enhance that effect through collective investment, in areas related to private equity: venture or growth capital, distressed investments, leverage buyouts, or mezzanine capital.

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Incredible growth of Kenya’s beer market

The market place in 2014 – Competition benchmarks











Competitiveness in the context of the global marketplace is an expression of the combined environmental, economic and social qualities of a country for the facilitation of economic development.

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Nigeria’s Petroleum Industry Bill

KPMG Global Mining Conference: Opportunities in Mozambique











Africa’s economies have been expanding robustly as new discoveries of coal, oil and gas look set to create substantial business opportunities and transform the continent’s economies. The continent not only is a major producer of diamonds, nickel and uranium, but also holds 40% of the world’s gold, 60% of cobalt and 90% of its platinum reserves. Africa’s growth, however, results from more than a resource boom, having been supported (amongst other factors) by external trends such as its’ increased access to international capital and ability to forge economic partnerships with foreign investors.

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The megacity – The tenuous balance between opportunity and despair











By 2030, for the first time in history, 60% of the world’s population will be living in cities. And not just ordinary cities, but huge urban agglomerations called megacities. While these super-sized cities are often considered fundamental to economic development – offering inhabitants tremendous opportunities – they can also be hotbeds of misery and poverty.

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Africa Brief: Zimbabwe tries to keep rules, manufactured goods exports, AU ban on NGOs at summit and more











Zimbabwe was trying to reach an agreement to distribute its stones directly to China, Dubai and Israel without violating rules against the sale of gems from the Marange fields. The proposal would not violate Kimberley Process rules because Zimbabwe outside of Marange was certified compliant in 2010. Zimbabwe produced 8 million carats of diamonds worth $865 million (R8 billion) last year to be the seventh-largest producer.

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Leveraging resources for infrastructure development in Africa











There is no question that poor infrastructure development is one of the greatest inhibiting factors for economic and social development across Africa, or that the continent’s rich natural resources are its best leverage for turning this situation around …

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Investing in Africa: Part Two











Investment in Africa, and developing the perception of Africa as a promising investment destination, is key to the continued growth, development and success of the region …

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BRICS and South Africa











Being the economic hub of the continent, benefits to South Africa will have spill-over benefits for the rest of Africa. According to BRIC architect Jim O’Neill (who was originally sceptical about South Africa’s inclusion in the grouping), South Africa has an important role to play, both as a gateway to the continent and as a catalyst for African integration.

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The emergence of the African city











Africa’s rate of urbanisation and the development of cities has been slow, but the rise of emerging African cities has coincided with the continent’s growth and rejuvenation …

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Africa Conversation Series: Infrastructure challenges in Africa











In this episode of the Africa Conversation Series, the panel of industry experts discuss the challenges that infrastructure poses of the progression and economic growth of Africa. The constraints to growth posed by inadequate infrastructure – whether it be road, rail, power, or ICT – is all too familiar. There is persistant talk of need to be physically building Africa. In this episode we hear a discussion on the pace of transformation and the strides that have been take in the area of infrastructure in Africa.

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