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Oct 21, 2021 · Early predictions of the impact of the COVID-19 pandemic by some public health scientists painted a gloomy picture for Africa. The continent was expected to suffer a huge burden of disease and death. These predictions have not held true. The continent has experienced fewer deaths than predicted.
Jul 15, 2015 · The establishment of colonial rule over the African interior (c. 1880-1900) reinforced Africa’s commodity export growth. Colonial control facilitated the construction of railways, induced large inflows of European investment, and forced profound changes in the operation of labour and land markets (Frankema and van Waijenburg 2012).
Jan 5, 2021 · Africa is the future and the future is African. More than a thought, this highlights Africa's tremendous potential to advance its development. With the youngest population globally, African people will represent one-fifth of the world population by 2030. This population represents both a tremendous human capital stock and a large consumer market.
Apr 28, 2024 · Africa and the Gulf: An emerging economic partnership. Over the last decade GCC countries have collectively invested over $100 billion in Africa. The UAE has invested $59.4 billion. Saudi Arabia and Qatar have invested $25.6 billion and $7.2 billion respectively. Notably, during this period, the UAE has been the fourth largest foreign direct ...
Feb 8, 2024 · In Africa, ambitious climate action must involve comprehensive strategies encompassing renewable energy adoption, sustainable land use practices, resilient infrastructure development, and effective climate mitigation and adaptation measures. That is, reducing and stabilizing the levels of heat-trapping greenhouse gases in the atmosphere (mitigation), while also adapting to the climate change ...
Feb 18, 2020 · In 2020, African nations should turn to their counterparts in emerging markets to stabilize their growth prospects as traditional Western democracies navigate new waters in politics. By now, the China-Africa story is well-documented, but it is not the only emerging market to realize the benefit of increased African engagement. Investors from ...
Feb 28, 2024 · Green finance: Africa's path forward. Standing in the way of the continent and its people making the most of this potential are the limited resources available for climate action in Africa. Public sector efforts alone are insufficient. Innovative financing mechanisms must play a major role in attracting private capital.
Feb 11, 2020 · Already, spending by consumers and businesses in Africa totals $4 trillion. Household consumption is expected to grow by 3.8% annually until 2025, reaching $2.1 trillion, and business spending should grow from $2.6 trillion in 2015 to $3.5 trillion in 2025. Altogether, the McKinsey report predicts $5.6 trillion in African business opportunities ...
Sep 23, 2022 · Investing in Africa’s renewables. According to the International Energy Agency (IEA), Africa has 60% of the world’s best solar resources, but only 1% of solar generation capacity. To achieve its energy and climate goals, Africa needs $190 billion of investment a year between 2026 to 2030, with two-thirds of this going to clean energy, the ...
Jul 21, 2022 · The United Nations says $3.8 billion is needed to help provide life-saving assistance to avoid a "humanitarian catastrophe". The Horn of Africa is experiencing its worst drought in many decades. The East African region stretches from Eritrea in the north, through Ethiopia and Djibouti to the southern tips of Kenya and Somalia.
