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- Innovative approaches for unlocking R D funding in Africa
Data from the World Bank indicates that African countries spend an average of only 0 45% of their GDP on R D, falling well below the global average of 1 7% This underinvestment hinders the transformation of Africa's intellectual capital into tangible products, technologies and services that could boost economic growth, livelihoods and well-being
- These four countries are leading Africa’s start-up scene
Undoubtedly, African countries that lack fintech solutions are less likely to secure high start-up funding and investments Other factors, such as the availability of economic resources, political and socio-economic constraints and poor financial systems also hamper the attractiveness of investing in many African countries
- How Africa’s colonial history affects its development
The African trade boom To obtain a deeper understanding of the connection between Africa’s commercial transition and subsequent colonial intervention, we constructed annual time-series of export volumes, export values, commodity export prices, import prices, and the net barter terms (the ratio of average export to average import prices)
- Which are Africas most competitive countries?
Below is a list of the 10 best-performing African nations, as measured by the World Economic Forum's annual Global Competitiveness Report Mauritius, South Africa and Rwanda come out on top First, a little perspective: although Mauritius ranks first among African countries, it is still only at No 45 in the global index, a sober nod towards
- Under AfCFTA, pharmaceutical investment means impact and profit
Africa’s demand for packaged medicines is worth $18 billion a year — but 61% of these goods are imported, and just 3% met by intra-African trade Under the African Continental Free Trade Area agreement, fragmented regulatory systems will be harmonised and intra-African trade in medicines and pharmaceuticals is set to grow
- Africa and the Gulf states: A new economic partnership
In January, the government of Saudi Arabia signed deals with four African countries to explore mining partnerships, and in 2020 Qatar Airways invested $1 3 billion to acquire 49% of RwandAir and a 60% stake in the Bugesera International Airport, which has been under construction since 2017
- Top 10 most gender equal countries in Africa | World Economic Forum
It is also one of six African countries to have closed the health and survival gender gap Namibia (44) loses ground this year on wage equality However, Namibia is one of three countries in the region to have closed its educational attainment gap Uganda (46) follows next Uganda is one of the six countries from the region that have closed
- How has the AGOA agreement benefited African countries?
The African Growth and Opportunity Act (Agoa) is a trade agreement between the United States and sub-Saharan African countries Agoa has helped to increase trade and investment between Africa and the US It has also helped to create jobs and boost economic growth in Africa African countries are calling for it to be extended
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