Africa at Work: Employment Establishment and Inclusive Growth

Africa is currently the world’s 2nd fastest growing region, as statistics have shown that the region’s poverty rate is falling while over 90 million of its households have already joined the world’s consumer class, which marks a 31 million increase in less than a decade. However, according to McKinsey Global Institute, the continent must accelerate the creation of wage-paying jobs in order to sustain their success as well as ensure that any growth they show can be experienced by the majority of Africans. […]

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Africa’s Dream of Economic Growth From the New Middle Class

When we think of Africa, usually what comes into mind is political conflicts, if not bloody wars, poverty and famine. But something has changed. Looking closer and you will discover the growth of the middle class, which will big part of an answer to the future growth development of Africa. According to a recent report it is projected that in the next 50 years the middle class of Africa will have its growth to more than a billion people. Wall Street Journal`s Patrick McCarty delivered a report from African Development Bank that says challenges will keep on closing on middle […]

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Africa’s Economy Converging to Consumer Market

Africa is the hot prospect for most international investors and multinational organizations. Often dubbed the next China, the rising, Africa consumer is now in the center attention. In this article we will look at the development in consumer market in mainstream Africa, since it levels to the other countries which competes on Fast Moving Consumer Goods (FMCG) and consumer-discretionary products. […]

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Kenya’s Technology Start-Up Scene Will Bring Prosperity To The Region

Kenya`s strategy on welcoming visitors to its capital Nairobi gives a break on a particular game on a mobile phone which is downloadable basically came out in many countries. It is Kenya`s start-up impression on its technology getting it on top of the board. This mobile game is based on the city of Nairobi`s road condition which inspired Planet Rackus to innovate technology introducing it to the market. […]

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Internet-enabled Mobile Phones Boost Health in Kenya

Huge health benefits have been achieved through clinical trials in Kenya with the use of Mobile phones at a fraction of costs, according to recent article in MIT’s Technology Review on Kenya’s startup boom. According to the article, the main challenge lies in maintaining the low-cost benefits of these clinical trials, and transforming them into normal daily procedures for the long term. Implementing and maintaining new mobile technology based projects in health care is a huge potential business opportunity. It will also sustain a healthier population in Kenya, which is currently experiencing a huge growth in the emerging middle class […]

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Africa’s Middle Class is Booming

Optimism about Africa needs to be taken in fairly small doses; most Africans still live on less than two dollars a day. But some countries on the continent are doing extremely well, thanks to a boom in commodities: Over the past decade six of the world’s ten fastest-growing countries were African. In eight of the past ten years, Africa has grown faster than East Asia, including Japan. Even allowing for the knock-on effect of the northern hemisphere’s slowdown, the IMF expects Africa to grow by 6% this year and nearly 6% in 2012, about the same as Asia. Africa now […]

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Migration to Cities Drains Resouses

Migration from rural areas to the mega-cities in search of food, job and security is a natural process. But every city has its limitation; it has its own saturation point and if exceeded, a city might falter while providing basic facilities to its residents. As modern mega-cities are now choking with the pressure of ever growing population, scientists fear that in near future these cities might have to face an acute food and water crisis. […]

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Poverty Eradication In Emerging Markets

The economic boom and the subsequent double-digit GDP growth achieved by some of the world’s emerging economies, such as Brazil, India and China, have led many to believe that poverty, inequality and other associated issues could be eliminated even without government intervention or active participation. But a new report by ActionAid, a UK based charity organization, is somewhat startling and to some extent unexpected. In the report, released to coincide with UN World Food Day, ActionAid has listed a number of developed, less developed and developing countries based the efficiency of their programs initiated to give legal, constitutional and social […]

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Copenhagen Design Week 2009 is all about Sustainable Design

Copenhagen Design Week explores design that matters – ideas, concepts, products and services that will come to play an important role in your professional and personal life. Taking place between August 27th – September 6th, Copenhagen Design Week explores social and environmental design and innovation. Each element of the program explores the positive power of design, inspiring businesses and individuals. […]

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G8 Summit has Climate Change, Development Aid on Agenda

Today, Wednesday, 8 July 2009, world leaders of G8 will gather in Italy for the 35th summit hosted by Italian Prime Minister Silvio Berlusconi. The development of Africa and Climate Change is a key part of the G8 summit agenda. President Obama is expected to reveal a major initiative to boost agricultural development and prevent hunger in Africa, worth perhaps $3bn (£1.8bn) to $5bn, at the summit. In a report, the charity ActionAid says that a billion people are still hungry in the world today, and that despite the drop in food prices it is still a key issue for […]

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