Browsing: Organisation for Economic Co-operation and Development

While the Organisation for Economic Co-operation and Development (OECD) reports US$300 billion of annual investments in developing countries, only 20 per cent of the implementing practitioners have the sufficient data required to successfully meet the needs of the communities they work with.

According to Rural Senses CEO Yau Ben-Or, this is because most projects are still built solely on quantitative data.

“Although necessary, quantitative data doesn’t reveal what success looks like for the local communities. Existing tools for the collection and analysis of qualitative data are time-consuming, costly and often introduce biases and ambiguous results,” Ben-Or notes.

As a result, important insights are missed, organisational learning is compromised, and projects’ sustainability is limited, he added.…

On the brighter side, this trade potential could double if African countries address challenges in infrastructure and corruption which have continually hampered the ‘Africa rising’ narrative. 

By making Africa the world’s largest trade area, the AfCFTA is expected to further improve Africa’s bargaining power with the rest of the world. This is with regard to the quality of goods produced as well as market entry of imported goods. …