Browsing Tag

Africas

South Africa’s New Coalition Government to Focus on Broad-Based Economic Development

South Africa’s New Coalition Government to Focus on Inclusive Economic Expansion Following years of political friction and economic instability, South Africa heralds a dawn of collaborative governance. The country's latest regime promises to make inclusive economic growth its top priority. "We aim to build an economy where everyone has a fair shot," proclaimed Minister Mbyeni during her press conference. Amidst growing concerns, the coalition vows to tackle economic disparity and bolster opportunities for the…

Investment in skills development is ‘key to Africa’s growth’

By 2050, a large share of the world’s workforce will be African, but the continent needs more jobs and strategic investment to meet the potential and expectations of its greatest asset: its people. Ragnheiour Elin Arnadottir, Director of the OECD Development Centre, discusses the next steps. Meanwhile, Kenyan President William Ruto is firing nearly all of his ministers as he struggles to contain the fallout from weeks of anti-government protests. Finally, a new competitor in the Central African Republic’s beer market is…

Rice: India establishes itself as Africa’s leading supplier

Indian rice is in the process of replacing Thai rice in Africa. It is exported like never before this year despite delays caused by Covid. Small revolution in the world's rice trade. Africa, which mainly imported its rice from Thailand, is turning more and more to India, which will be its main supplier this year. India has overtaken Thailand for a few years in terms of exports, but so far the two countries have followed each other closely and Thai rice has retained the favor of African buyers. Thai exports down 30%…

Aliko Dangote, Nigerian billionaire, Africa’s first fortune

"Today is the economy" portrays Nigerian billionaire Aliko Dangote, founder and head of the conglomerate that bears his name and Africa's first fortune. He created his fortune in Nigeria but his dream goes beyond his country. Aliko Dangote: “We have a lot to do. We must liberate Africa economically from Africans. The only way we can thrive is for Africans to control their economies alone. The strangers will see what we do, then they will join us. Of course, we can not grow alone, but we have to lead. ” The core of…

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