Business

Migrants are key to productivity gains for countries

There are many reasons to believe that migration may be a highly effective driver of knowledge diffusion across borders, write Dany Bahar and Hillel Rapoport.

 

For decades, the focus of the economic literature when studying migration was, for the most part, on the impact it has on labour-related outcomes such as wages and unemployment, among others. But these studies have […]

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    How businesses in sub-Saharan Africa are adapting to climate change

How businesses in sub-Saharan Africa are adapting to climate change

Small firms that have faced repeated exposure to extreme climate events are more likely to develop adaptation responses, write Florence Crick and Shaikh Eskander.

 

Climate change poses increasing risks to economic growth and development across the world and particularly in developing countries. A critical issue is the extent to which private actors, and especially businesses, are able to adapt to […]

Business Lessons for DRC’s Leadership Crisis

Kwame Marfo looks beyond DRC’s current leadership crisis to imagine a new future for the Central African country.

“You never want a serious crisis to go to waste,” quipped Rahm Emmanuel, President Obama’s Chief of Staff on the back of the crisis the new administration faced following the global financial meltdown. This provided the political capital to pass the most […]

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    EU-Africa trade relations: Why Africa needs the economic partnership agreements

EU-Africa trade relations: Why Africa needs the economic partnership agreements

Olu Fasan analyses why economic partnership agreements could be the key to helping African countries achieve their goal of industrialisation.

For nearly three decades, Europe’s trade relations with the African, Caribbean and Pacific (ACP) countries, former European colonies, were based on unilateral preferences under the Lomé Convention, first signed in 1975. However, as the convention discriminated against non-ACP developing countries, […]

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    Book Review: Infrastructure in Africa: Lessons for Future Development edited by Mthuli Ncube and Charles Leyeka Lufumpa

Book Review: Infrastructure in Africa: Lessons for Future Development edited by Mthuli Ncube and Charles Leyeka Lufumpa

Emmanuel Zwanbin says this book is a must-read for policymakers, academics and researchers on Africa’s infrastructure development issues.

Ncube and Lufumpa’s book Infrastructure in Africa: Lessons for Future Development offers an in-depth information on the state of infrastructure in Africa as a fragmented sector in need of harmonisation.  With commanding statistical data, the authors argued that cooperation and coordination will enhance […]

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    Edward George: ‘Banks are in danger of becoming utilities’

Edward George: ‘Banks are in danger of becoming utilities’

Edward George, Head of Ecobank UK head talks about fintech, the future of payments and trends in digital banking.

As the market for fintech grows in Africa, Ecobank Transnational Inc., a pan-African banking conglomerate headquartered in Togo, has built a digital strategy that includes acquisitions, partnerships and in-house IT development. Having a large network of branches is no longer considered sustainable […]

November 8th, 2017|Business, Featured, Finance|1 Comment|
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    Clarence Blay: ‘Ghana has 140,000 mobile money agents versus 1,300 bank branches’

Clarence Blay: ‘Ghana has 140,000 mobile money agents versus 1,300 bank branches’

The Bank of Ghana executive, Clarence Blay, talks about mobile money, financial inclusion, biometric identification, insurance and more.

The most famous mobile payments system in Africa, MPesa, allows users to make payments by sending text messages from simple mobile phones, not necessarily smart ones. The idea has started a new wave of mobile payments and transfers in the continent, and governments are taking steps to […]

November 1st, 2017|Business, Featured, Finance|0 Comments|
  • Permalink Kapula Candles is a large scale industry today, but it started as a microenterprise with founder Ilse Appeklgryn making these handcrafted candles in her home.
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    Can SMEs address the agenda of Radical Economic Transformation in South Africa?

Can SMEs address the agenda of Radical Economic Transformation in South Africa?

Vrinda Chopra analyses whether the increasing focus on small, medium and microenterprises is a viable way of reducing inequality in South Africa.

 

The problems of South Africa’s persistent inequalities are glaring in the face of an unemployment high of 27.7 per cent and youth unemployment at a staggering 50 per cent. The tenacious face of inequality showed itself with the […]

October 4th, 2017|Business, Featured|0 Comments|
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    Why the pressure for higher minimum wages is gaining traction in Africa

Why the pressure for higher minimum wages is gaining traction in Africa

Kenya and other countries are grappling with stagnant wages amidst rapid economic expansion, writes Julians Amboko.

On 1 May this year, while observing Labour Day celebrations, Kenya’s President, Uhuru Kenyatta, announced an 18 per cent hike in the minimum wage, the country’s most ambitious raise in just about a decade and one that scaled up the minimum wage to Kes […]

August 23rd, 2017|Business, Featured|0 Comments|
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    The Southern African wild card: High foreign debt, weak currencies and default risk

The Southern African wild card: High foreign debt, weak currencies and default risk

Further turbulence may be on the horizon, but this is a market any Africa-focused investor cannot afford to ignore, writes Julians Amboko.

 

The dawn of 2017 seems to have pried open a can of worms in Southern Africa. In just about four months, Mozambique, not too long ago displaying strong economic growth and bullish investor sentiment, has defaulted in servicing a […]

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