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Articles on African economy

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Makeshift shops have mushroomed as people try to make ends meet amid South Africa’s excessive unemployment. Hobermunemployment. an Collection/Universal Images Group via Getty Images

Stereotypes about young jobless South Africans are wrong: what they’re really up to

Many unemployed young people are engaged in a variety of economic activities. These may not necessarily be recognised as a form of self employment or informal employment.
Zimbabwe needs more responsible diamond mining companies, not fly-by-night operators. Reuters/Goran Tomasevic

Why Zimbabwe’s diamond mines need better regulation, not state ownership

Zimbabwe has said it will take over all diamond mining operations in the country. But what is needed to maximise revenues isn’t state ownership, but improvements in existing regulatory practices.
Wole Soyinka should rather galvanise like-minded Nigerians and demand that Nigeria’s looted treasury be returned. Reuters/Akintunde Akinleye

Nigeria needs a credible economic plan – not a confab

Nigeria’s economy is indeed under severe strain but sub-Saharn Africa’s most populus nation won’t solve its economic problems via an emergency national confab.
Agriculture remains the major source of employment in Ghana, even though its share in the economy has been in steady decline. Reuters/Thierry Gouegnon

Ghana needs a new strategy to create decent jobs and reduce inequality

Economic growth is a necessary condition for development. But it can only pass the sufficient condition test if growth translates into high-earning jobs. Ghana’s recent history illustrates this.
South Sudan is a landlocked country with poor infrastructure. Joining the East African Community will open new avenues for trade. Reuters/Adriane Ohanesian

What South Sudan will gain from joining the East African Community

Countries like Rwanda have shown that regional integration can enhance growth and reduce poverty. South Sudan should follow its lead in its engagement with the East African Community.
Arthur Lewis’ impossible mission was to make possible Kwame Nkrumah’s famous slogan: seek ye first the political kingdom … Reuters/Sahra Abdi

Ghana: lessons from Nkrumah’s fallout with his economic adviser

Nobel laureate and Kwame Nkrumah’s economic adviser Arthur Lewis saw Ghana as a testing ground for his ideas on economic development. But he was met with fierce resistance.
To achieve faster growth and development Uganda must move workers from agriculture into manufacturing REUTERS/Hudson Apunyo

What Museveni’s priorities must be if Uganda is to become middle income

To achieve its ambition of becoming a middle income country, Uganda must accelerate the movement of workers from agriculture and the informal sector into modern industries.
Young entrepreneurs like Nigerian taxi boss Bankole Cardoso (26) want to learn how to do business - but they also want something very different from the traditional, structured MBA. REUTERS/Akintunde Akinleye

What young Africans want from business education programmes

Young, entrepreneurial Africans want more flexibility and values-based learning than they feel is offered by a traditional MBA.

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