Home Tags Africa
Democracy Works explores how we can learn to nurture and deepen democracy in Africa to ensure economic growth and political stability. Making democracy work relies on much more than having free and fair elections. It depends on what happens between elections. It relies on the systems and institutions of government. Very importantly it hinges on what politicians want to do with the power they acquire, beyond the power itself.
The informal business sector is the next great frontier of Africa and it is undergoing an economic revolution – a new world of small people doing big things, transforming the continent. Prepare for this new generation, prepare for the Afripolitan Generation.
Driving financial inclusion amongst entrepreneurs and small business owners in Africa will ensure that they are equipped with the knowledge to transform their businesses into productive and sustainable contributors to the continent’s economy.
On Tuesday, China pledged to invest $14.7bn in South Africa and grant loans to Eskom and SAA. While this investment brings the country closer to President Ramaphosa’s target to raise US$ 100 billion in foreign direct investment, some argue that China’s intentions are not what they seem.
Africa has a higher percentage of companies affected by fraud, theft, money laundering or other financial crimes than the global average, according to one of the most comprehensive surveys of international business to date. Thomson Reuters commissioned the survey of more than 2,300 senior business leaders in large companies to shine a light on how pervasive such crimes have become across the world.
Most of sub-Saharan Africa’s cities are ill prepared for the rapid and dramatic population increase that will occur by 2035. For decades to come, sub-Saharan Africa’s economic and social future will be shaped by one of the most important megatrends on the continent: urbanisation.