Africa Business Blog

The path of the future in Africa & Rest of the world

Africa is now growing fastly in eduaction, infrastructure and healthcare area. Facilities are increasing in all areas, all these things required basic energy utilisation. Minimum requirement of life can be possible only by the Solar energy, This is relevent in throughout the world. People are using indigenously made solar lamps by putting together tiny cables, bulb and rechargeable battery, thats all.

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West Africa: new airlines look to spread their wings

Start-up airlines have revolutionised air travel in Ghana over the past 18 months. Fares on domestic routes have fallen by up to 75 per cent. Passenger numbers on the main route from the capital Accra to the second city Kumasi have increased fivefold.

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Doing Business in Africa: A Second Term Priority

Africa policy in the first Obama Administration was the brightest missed opportunity of the four years. The Administration carried on the Bush Africa programs-PEPFAR and the Millennium Challenge Corporation”but new, innovative approaches that drive development in Africa and enhance U.S. companies'™ competitiveness were lacking.

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Africa: underestimating GDP

GDP growth is thought to be correlated to everything from conflict risk to whiskey consumption. And the current slew of positive stories about Africa are driven, in part, by the impressive GDP statistics posted by countries across the continent.

But these numbers are poor estimations of economic development, says Morten Jerven at Simon Fraser University. His argument is not that GDP does not say much about happiness, equality, environmental sustainability. It's a more technical point: many figures are, well, just wrong. African GDP might actually be growing faster than we think.

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