Browsing Tag

growth

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…

The World Bank predicts declining growth for 2020

In the Central African Republic, the World Bank released its annual report on Monday, November 30. In 2019, growth slowed slightly to 3.1%, but remained good compared with the countries in the region. However, the outlook for 2020 is much worse ... The World Bank predicts zero or even negative growth of up to 1.2% for 2020. as…

Almost one in two Ivorians do not yet enjoy the fruits of growth

Ivory Coast will vote on Saturday to elect a new president or renew Alassane Ouattara in power for ten years. Its economic record is quite good, but not for all Ivorians. On the plus side, the Ivorian economy is undergoing a rebirth. With an average growth of 7% to 8% since 2011 - and without taking into account the current…

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