Tag Archives: africa

By Patrick Kagenda Economic growth drops to 2.4%, 700,000 could die Africa may have been an innocent bystander when the global financial crisis was hatched in the developed nations but they stand to suffer most according to the latest World Bank forecasts. The queen of African economic gloom, Obiageli K. …

By Obiageli Katryn Ezekwesili Less than a year ago, there was a sense of optimism in many African countries. Growth rates in Sub-Saharan Africa were comparable to Asia, hovering around 6 percent, a result of high commodity prices, a favorable global environment — and also of improved economic management, investment …

By Independent Team & Agencies After it ended on April 2 the African Development Bank (AfDB) Group President, Donald Kaberuka, who was part of a NEPAD delegation, said the G-20 summit was a major success because it adopted specific African proposals. I think we made a very surprising level of …

By Obiageli Ezekwesili Last week in Addis Ababa, African leaders agreed on the need to develop and improve Africa’s infrastructure. Better infrastructure” water, transport, electricity” can increase growth rates in Africa by more than 2 percent, raise productivity by 40 percent, and create jobs for its burgeoning youth population. This …

By G. Pascal Zachary The writer is the author of three books, Endless Frontier, The Diversity Advantage and Married to Africa. He was columnist for The New York Times, was foreign correspondent for the Wall Street Journal and had taught journalism at stanford University and is now a visiting scholar …

By Patrick Kagenda As world central banks of the rich economies bail out their ailing financial institutions, experts predict that poor economies like Africa could take the bigger punch. Seeking to forge a common understanding and response for Africa, the Standard Bank Group organised a conference on the global financial …