Transforming Africa

Transforming Africa
Author: Dana T. Redford
Publisher: Emerald Group Publishing
Total Pages: 201
Release: 2022-01-26
Genre: Business & Economics
ISBN: 1802620559

Transforming Africa: How Savings Groups Foster Financial Inclusion, Resilience and Economic Development presents in-depth empirical research into current day savings group activities across Africa, exploring savings groups through the lens of financial inclusion and reflecting on formal finance, economic and social outcomes.

Industrial Policy and Economic Transformation in Africa

Industrial Policy and Economic Transformation in Africa
Author: Akbar Noman
Publisher: Columbia University Press
Total Pages: 469
Release: 2015-09-15
Genre: Business & Economics
ISBN: 0231540779

The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst economic disasters—a quarter century of economic malaise for most of the region—since the industrial revolution. Six of the world's fastest-growing economies in the first decade of this century were African. Yet only in Ethiopia and Rwanda was growth not based on resources and the rising price of oil. Deindustrialization has yet to be reversed, and progress toward creating a modern economy remains limited. This book explores the vital role that active government policies can play in transforming African economies. Such policies pertain not just to industry. They traverse all economic sectors, including finance, information technology, and agriculture. These packages of learning, industrial, and technology (LIT) policies aim to bring vigorous and lasting growth to the region. This collection features case studies of LIT policies in action in many parts of the world, examining their risks and rewards and what they mean for Sub-Saharan Africa.

Transforming Africa

Transforming Africa
Author: Jimnah Mbaru
Publisher: East African Publishers
Total Pages: 564
Release: 2003
Genre: Business & Economics
ISBN:

The work is organised into sections on: global perspectives on capital markets; stock exchanges and capital markets within the African continent; regional perspectives within the continent; the Nairobi Stock Exchange; the role of the Nairobi Stock Exchange in economic development; education for capital markets; exchange controls and foreign investors; privatisation; financial sector reforms; and the roles of education, women and children, art and culture in development.

Africa’s Development Dynamics 2021 Digital Transformation for Quality Jobs

Africa’s Development Dynamics 2021 Digital Transformation for Quality Jobs
Author: African Union Commission
Publisher: OECD Publishing
Total Pages: 284
Release: 2021-01-19
Genre:
ISBN: 926460653X

Africa’s Development Dynamics uses lessons learned in the continent’s five regions – Central, East, North, Southern and West Africa – to develop policy recommendations and share good practices. Drawing on the most recent statistics, this analysis of development dynamics attempts to help African leaders reach the targets of the African Union’s Agenda 2063 at all levels: continental, regional, national and local.

Africa's Infrastructure

Africa's Infrastructure
Author: World Bank
Publisher: World Bank Publications
Total Pages: 386
Release: 2009-12-01
Genre: Business & Economics
ISBN: 0821380834

Sustainable infrastructure development is vital for Africa s prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa s infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors information and communication technology, irrigation, power, transport, and water and sanitation. 'Africa s Infrastructure: A Time for Transformation' reflects the collaboration of a wide array of African regional institutions and development partners under the auspices of the Infrastructure Consortium for Africa. It presents the findings of the Africa Infrastructure Country Diagnostic (AICD), a project launched following a commitment in 2005 by the international community (after the G8 summit at Gleneagles, Scotland) to scale up financial support for infrastructure development in Africa. The lack of reliable information in this area made it difficult to evaluate the success of past interventions, prioritize current allocations, and provide benchmarks for measuring future progress, hence the need for the AICD. Africa s infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main policy-relevant findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US$90 billion per year, which is more than twice what is being spent in Africa today. However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency, thereby stretching the infrastructure dollar. There is the potential to recover an additional US$17 billion a year from within the existing infrastructure resource envelope simply by improving efficiency. For example, improved revenue collection and utility management could generate US$3.3 billion per year. Regional power trade could reduce annual costs by US$2 billion. And deregulating the trucking industry could reduce freight costs by one-half. So, raising more funds without also tackling inefficiencies would be like pouring water into a leaking bucket. Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of $31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable development.

Africa in Transformation

Africa in Transformation
Author: Carlos Lopes
Publisher: Springer
Total Pages: 169
Release: 2018-11-19
Genre: Political Science
ISBN: 3030012913

“Lopes brings his rigour, insight, and experience to this timely new book, presenting a compelling rethink of traditional development models in Africa and the need to seize on transformational change to build a sustainable future for the continent." —Kofi Annan, former United Nations Secretary General “Some readers will enjoy Lopes’ eclectic brilliance and breath-taking culture. Others will salute his ability to bring compelling new angles to every topic. Everyone will be impressed with his craftsmanship, his rich and multi-faceted approach to development, and his high ethical standards. It is impossible to read this jewel book and not feel smarter.” —Célestin Monga, African Development Bank’s Vice President and Chief Economist “Drawing on his distinguished academic career, policy experience at the highest level, and deep love of the continent, Lopes provides a visionary analysis of Africa's current problems and future prospects. This book provides a highly unusual combination of intellectualism and hard-nosed pragmatism. A singular achievement.” —Ha-Joon Chang, University of Cambridge, UK “Thorough, thought-provoking, and beyond rhetoric: definitely a must-read for anyone who wants to understand Africa’s present and future.” —Enrico Letta, former Prime Minister of Italy, Dean of the Paris School of International Affairs, Sciences Po, France Lopes delivers an overview of the critical development issues facing the African continent today. He offers readers a blueprint of policies to address issues, and an intense, heartfelt meditation on the meaning of economic development in the age of democratic doubts, identity crises, global fears and threatening issues of sustainability.

Economic Transformation in Sub-Saharan Africa

Economic Transformation in Sub-Saharan Africa
Author: Donald L. Sparks
Publisher: Routledge
Total Pages: 57
Release: 2021-04-21
Genre: Business & Economics
ISBN: 1000375404

Sub-Saharan Africa is vastly diverse, and the 49 countries of the region range significantly in terms of population, size and economic scale. The region also differs in topography, climate, history, culture, languages and political systems. Given this vast diversity, it is, accordingly, difficult to draw general conclusions about the continent’s economic performance as a whole. Additionally, the lack of current statistics for several countries makes it difficult to make accurate assessments of economic conditions. Nevertheless, some broad comparisons can be made: of the world’s developing areas, sub-Saharan Africa has the worst record in virtually all of the most important social and economic indicators: the region has the lowest gross national income per head, the lowest life expectancy at birth, the lowest youth literacy rate, the highest rate of adult HIV infection and the highest number of children not living past five years of age. This volume begins by examining recent economic developments and trends. It then looks at the major economic constraints the region has faced in recent years, breaking down those constraints as either ‘external’ (e.g. terms of trade) over which the individual countries have but limited control, or ‘internal’ (e.g. governance and economic policy), over which there is more control. The book concludes by arguing that, despite the notable challenges cited above, sub-Saharan Africa is poised for a transformation, based on closer regional economic co-operation, a growing middle class, increased demand for locally produced goods and services, and a young population.

On Transforming Africa

On Transforming Africa
Author: Kofi Buenor Hadjor
Publisher: Africa World Press
Total Pages: 188
Release: 1987
Genre: Business & Economics
ISBN: 9780865430457

Africa's Development Dynamics 2019 Achieving Productive Transformation

Africa's Development Dynamics 2019 Achieving Productive Transformation
Author: African Union Commission
Publisher: OECD Publishing
Total Pages: 258
Release: 2019-11-05
Genre:
ISBN: 9264731296

Africa’s Development DynamicsWhat are the major economic and social trends in Africa? What is Africa’s role in globalisation? This annual report presents an Africa open to the world and towards the future. uses the lessons learned in the five African regions – Central, East, North, Southern and West Africa – to develop recommendations and share good practices. The report identifies innovative policies and offers practical policy recommendations, adapted to the specificities of African economies. Drawing on the most recent available statistics, this analysis of development dynamics aims to help African leaders reach the targets of the African Union’s Agenda 2063 at all levels: continental, regional, national, and local. Every year this report will focus on one strategic theme. This 2019 edition explores policies for productive transformation. It proposes three main policy focus for transforming firms: providing business services to clusters of firms; developing regional production networks; and improving exporting firms’ ability to thrive in fast-changing markets. This volume feeds into a policy debate between African Union’s nations, citizens, entrepreneurs and researchers. It aims to be part of a new co-operation between countries and regions focused on mutual learning and the preservation of common goods. This report is the result of a partnership between the African Union Commission and the OECD Development Centre.

Structural Transformation in South Africa

Structural Transformation in South Africa
Author: Antonio Andreoni
Publisher: Oxford University Press
Total Pages: 411
Release: 2021
Genre: Business & Economics
ISBN: 0192894315

Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries.