Via The Africa Report, a look at where the World Bank sees the strongest growth in Africa: The World Bank has raised growth forecasts for 30 African economies, hailing the continent’s resilience to global shocks and urging a faster push on job creation. Between 2025 and 2050 Africa’s working-age population will expand by 625 million […]
Read more »Via The Economist, a look at why African governments are building higher: AFRICA IS a low-rise continent. It has just 26 buildings taller than 150 metres, compared with nearly 300 in Dubai alone. Yet 12 of them have sprung up in the past five years alone, suggesting a mini-boom in skyscrapers. The tallest, Egypt’s Iconic Tower, […]
Read more »Via The Economist, an article on a brave and high-tech attempt to export nuts: The lowly cashew is globalisation in a nutshell. The route from cashew tree to tasty snack follows a peripatetic journey. More than half of the world’s cashew nuts are grown in African countries. Most are exported raw, mainly to Vietnam, for shelling […]
Read more »Via The Economist, a report on Cote d’Ivoire: His parents moved to Ivory Coast in the 1980s, towards the end of a period of exceptional economic growth that economists dubbed the “Ivorian miracle”. They came to work, drawn by the country’s openness and wealth. Bernard Ayitee, a 38-year-old hedge-fund manager who combines Nigerian, Beninois, Togolese and […]
Read more »Via South China Morning Post, a look at China’s impact on the cocoa market: In the heart of West Africa, where the world’s finest cocoa beans are cultivated, Chinese investment has built new processing factories in Ivory Coast and Ghana. On the outskirts of Abidjan, Ivory Coast’s economic capital, China Light Industry Nanning Design Engineering […]
Read more »Via The Africa Report, a look at how – across the West African Economic and Monetary Union – governments are tightening mining regulations to boost revenue for development. But as Côte d’Ivoire, Mali and Burkina Faso push reforms, investor confidence and regulatory stability are at risk. Fiscal and legislative reforms are sweeping through the mining […]
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