Tag Archives: Sub-Saharan Africa

Education the key pillar in Madagascar’s development agenda

Sub-Saharan African countries are increasingly recognising the contribution of post-basic education to economic growth and social development. However, policy makers in many developing world nations struggle to balance expansion and upgrading of post-basic education reform against competing development priorities. They must consider how — and sometimes whether — to fund post-basic education in the face…

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Youth employment, training outlook bleak

Sub-Saharan African countries show high rates of informal employment reaching up to 95%, while existing and interacting with relative weak economic development in the region. In addition, youths find difficulties entering into formal employment. Yet, unemployment rates and youth unemployment are only one indicator of the vulnerable position of young people in these labour markets…

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Informal cross-border trade should be formalised

Despite being a source of income for many living on the African continent, as much as 43%, informal cross-border trade is regarded as illegal. Informal cross-border trade refers to trade in processed or non-processed merchandise that may be legal imports or exports on one side of the border and illicit on the other side and…

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SA’s woes will ripple through region

Growth in sub-Saharan Africa has remained generally robust against the backdrop of a sluggish global economy. Regional output is projected to expand by at least 5% in 2012 to 2013, a similar pace to that recorded in 2010 to 2011. That being said, there is significant variation across the region, with solid expansion being recorded…

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Investment flows back into Africa

Over the past 10 years, foreign direct investment (FDI) has helped boost sustainable economic growth in many African countries. In theory, FDI can assist to accentuate productive capacity, employment and exports. When properly managed, it can also bring secondary benefits in the form of transfers of technology, management expertise and marketing skills. With continued liberalisation…

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Africa’s 2040 employment problem

Over the last decade, six of the world’s 10 fastest-growing economies were in sub-Saharan Africa. Yet, there are troubling indicators that this exponential growth has not resulted in robust growth of “good” jobs. In other words, those offering higher wages and better working conditions – especially for the young. Exacerbated by a delayed demographic transition,…

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State capacity key to economic growth

Historically, in the developing world, active macro-economic and industrial policy on the part of the state is more often than not greeted with pessimism and scepticism. This very prevalent competency and trust-deficit emanates from valid concerns that the state — specifically in the developing world — is often too inefficient and too corrupt (sometimes both)…

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The importance of private sector growth and development in Africa

The private sector is Africa’s primary engine of growth. It generates an estimated 70 percent of Africa’s output, approximately two-thirds of its investment and 90 percent of employment on the continent. Based on these statistics supplied by the African Union (AU), the creation and development of private sector jobs is seen as one of the…

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Levels of peace and stability on the African continent

The concept of “peace” has traditionally been abstract in definition. Perhaps the most workable methodology of approaching the concept of peace is to define it in terms of harmony achieved by the absence of war or conflict. This definition applied to nation states would purport that those countries not involved in violent conflicts with neighbouring…

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Macroeconomic convergence within the SADC region

Since its evolution from the Southern Africa Development Co-ordination Conference (SADCC) into the Southern Africa Development Community (SADC), the Southern African regional formation has targeted gradually deepening its integration, starting with the creation of a free trade area in the coming decade. In addition to this free trade area, further goals such as the achievement…

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