Browsing: World Economic Forum

Human Capital Horizon matters? 

The human population comprises of valuable elements necessary for the development of the modern world. As the world keeps to shake off the remnants of the coronavirus, there are some crucial ideas emerging and compelling vital changes in the way humans work. As stability is being restored, it is important also to rethink how to sustain the human capital value over space and time. The future of work is dependent on how human capital is dispersed globally and how it reacts to what we would call the development of the modern world.   

The current global crisis reveals holes in various sections of the workforce, including financial security and health coverage. With respect to Africa, the figures are heightened, and the “holes” as one would look at, in particular the formal employment sector, the numbers are astronomical.  

Africa alone has more than 24 million …

The trade agreement aspires to create a tariff-free continent to grow local businesses, boost intra-African trade, spur industrialization and create more jobs.…

According to a report by the World Economic Forum on Africa, mega-solar projects – large-scale installations capable of producing upwards of hundreds of megawatts of power – are generating much-needed electricity in countries all over the world.

In sunny Southern Africa, however, the report says, a historic lack of public-private partnerships outside of South Africa and, until recently, Zambia, to develop such projects has left much of the region’s vast solar power potential largely untapped.

But Botswana and Namibia are poised to change this trend, the report says. The two neighbouring countries will be supported by the World Economic Forum’s Global Future Council on Energy – which includes organizations such as the World Bank Group, International Finance Corporation (IFC), African Development Bank, Africa Renewable Energy Initiative, New Partnership for Africa’s Development, the International Renewable Energy Agency (IRENA), and the US government-led Power Africa initiative to realise this dream.

“This multi-phased …

It is estimated that the East African region loses upwards of USD500 million in government tax revenue annually.…