Browsing: Knowledge Economy

Human-Capital

Investing in Africa’s human capital

Investing
  • In rebuilding back better post-pandemic, governments, investors, and policymakers must harness one of Africa’s greatest resources: youthful human capital.
  • Africa’s human capital is the engine behind the high rate of entrepreneurship cited at 22 percent of Africa’s roughly 1.4 billion population.
  • To reap maximum dividends, the governments in Africa must however roll out robust healthcare systems to guarantee optimal productivity of the workforce.

Africa’s journey to economic development has seen various countries achieving certain milestones previously thought impossible for nations caught up in a number of growth-limiting challenges. The continent has made significant strides in its agricultural economy, leading to the development of various innovations such as Kenya’s mobile cash transfer service M-PESA and novel agri-based technologies.

Data transformation has also steadily grown in countries such as Kenya, which fintech firm Fluttterwave has recognized as an East Africa’s hub. Even with these trailblazing tech breakthroughs, human capital remains the continent’s …

Knowledge-Economy

What Africa needs to stay ahead of the knowledge economy

Countries

  • The concept of the knowledge economy describes trends in advancements in economies towards significant dependence on Knowledge, Information and the capitalization of high skill levels.

  • The Poland Knowledge Economy Assessment (KEA) has provided various policy options for securing additional sustainability growth and improving competitiveness.

  • Africa's human capital needs to be explored and utilized more. Developed countries have realized this hence why they often set up bases in Africa to benefit from the innovation of their people.  

Africa is renowned worldwide for its rich natural resources, both in material and human capital. Over the years, manufacturing and agriculture have mainly contributed to Africa's economic growth. Both have sustained Africa's economy to what it is now, but the world has drastically changed over the years.

Today the concept of a knowledge economy has propelled various economies to new heights. A prime example is Poland's economic growth over the past few decades. Focusing

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TEDxOysterbay opens up Dar Es Salaam

Tanzania

For the second time, TEDX Oysterbay brought together a diverse range of experts, practitioners, artists, thinkers, visionaries and educators before an idea-thirsty community to the Little Theatre in Dar es Salaam.  12 TEDx speakers with interesting ideas challenging social norms and practices, shared their ideas before an audience of 100 people and many more via social media.

TED is a nonprofit devoted to spreading ideas, usually in the form of short, powerful talks. TED is the convergence of Technology, Entertainment and Design, and today covers almost all topics — from science to business to global issues — in more than 100 languages. Independently run TEDx events help share ideas in communities around the world.

In urban Tanzania, youth now perceive ideas as the new  “social currency” for human development. Being the 7th largest economy in Africa and most populous nation in East Africa, human capital development is a vital …