Trending
- Libya joins Afreximbank and lines up mega projects to advance intra-African trade
- How Africa’s critical minerals is vital engine of regional growth and integration
- Strength in struggle: A Ugandan mpox survivor’s tale
- AFIS 2024: Here’s how we can grow Africa’s unicorns and gazelles
- African Energy 2024: Surging investment, waves of change
- AIM Congress 2025: Competition opens doors for Africa’s top tech innovators
- Zimbabwe rolls out $24M project to reduce use of mercury in gold mines
- Zambia secures $184M IMF support as economic growth set to decline to 1.2 per cent
Browsing: Economic growth in Africa
- Sub-Saharan Africa economic growth remains stuck in “low gear” with a large youth population at risk of being left behind—The World Bank.
- Currently, seven in 10 children in Sub-Saharan Africa do not have access to pre-primary education.
- The World Bank says stabilizing economies and transforming education to equip the region’s growing workforce with stronger foundational skills and market-relevant expertise is critical.
Despite signs of a fragile economic recovery, Sub-Saharan Africa economic growth remains stuck in “low gear” with a large youth population at risk of being left behind. According to the latest analysis by the World Bank’s Africa Pulse, two factors are critical to jumpstart inclusive growth: stabilizing economies and transforming education to equip the region’s growing workforce with stronger foundational skills and market-relevant expertise.
The report, which is in its 30th edition and on the theme of Transforming Education for Inclusive Growth, says economic activity in the region …
- Africa Rising narrative paints a picture of a continent on the cusp of a major economic and developmental breakthrough.
- This upbeat assessment, however, stands in stark contrast to the realities of many African countries’ political instability, corruption, and threats from autocratic regimes.
- This disharmony between the narrative’s upbeat tone and the facts prompts the question: is there a need for the widespread optimism about Africa’s future, or is it misplaced?
The “Africa Rising” narrative, popularised in recent years, paints a picture of a continent on the cusp of a major economic and developmental breakthrough. This upbeat assessment, however, stands in stark contrast to the realities of many African countries’ political instability, ongoing corruption, and threats from autocratic regimes. The premature or even misplaced optimism of this narrative is called into question by a close analysis of these problems. This discrepancy between the narrative’s upbeat tone and the facts prompts the …