WEF: Competitiveness report focuses on youth, jobs, cities

WEF: Competitiveness report focuses on youth, jobs, cities

The Africa Competitiveness Report was released Thursday at the World Economic Forum on Africa meeting in Durban, with some muted positive trends despite the overall economic stagnation. Lagging infrastructure improvement, weak financial sector development and low levels of regional trade continue to be key constraints to growth. Yet the report,…

Agribusiness in Africa: Unlocking the business potential of smallholders

Agribusiness and agriculture are primed to be the catalysts of Africa’s economic transformation and development in the coming years. According to the World Bank, they are both expected to form a USD $1 trillion industry by 2030 in Sub-Saharan Africa whilst representing 45 percent of the continent’s GDP. Considering the connection between…

Benjamin K. Musampa

Benjamin Musampa is a research associate at l'Observatoire des Amériques

Tanzania: Dar es Salaam water, transport boosted by World Bank

Nearly 2 million people in Tanzania are expected to benefit from newly approved World Bank financing for improvements in the East African country’s water services and infrastructure. The USD$225 million will come from the International Development Association (IDA), through the Second Water Sector Support Project, the World Bank said in…

Reforming the African Union

The African Union (AU) is plagued by allegations of its ineffectiveness. From its inability to act against the Ebola crisis to the migrant problem in the Mediterranean Sea, AU has been constantly criticized. One can say that the union’s hands are tied. Given its unsustainable and problematic funding, AU is…

Solving Africa’s Brain Drain Problem

In a highly globalized world, not only goods and information move easily from one border to another. Human capital movement has also been moving at an unprecedented rate, with transportation costs lowering and some receiving developed countries relaxing their migration policies. While the World Bank estimates that the highest numbers…