Carlos Lopes at the Yale African Development Colloquium on Monday, said a new brand of Africa is emerging; “one that exudes confidence, attractiveness for investments and that has considerably lowered risk, with investment reaching US$50 billion in 2012.” New Haven, USA, 14 April 2014 (ECA) – A decade after former...
Tigo Tanzania in a partnership with Facebook have agreed free access to Facebook services in English and a new Kiswahili version through their mobile handsets. It is the first time that Facebook will be free on any mobile network in East Africa. Speaking at the launch of the partnership in...
This paper aims to study the effect of debt on economic growth of 19 developing countries over the period 1990-2011, through the use of a dynamic panel data model. The second part of this paper involves an empirical study of the effect that debt have on the contribution of...
Finn Tarp, Director, UNU-WIDER Foreign aid is often seen as different from other forms of investment, and some argue that rather than having a positive effect it tends to distort economies and may potentially slow growth and development. In this article, the author argues that this is not the case...
The main purpose of this paper is to investigate the causality relationship between energy consumption and economic growth in four low-income countries in Sub-Saharan Africa using the econometrics in time-series methods. Along the estimation process, the author uses the annual data on energy consumption and real GDP per capita...
African banks are expanding into neighbouring countries and further afield benefiting from their knowledge and expertise in familiar territory. Over the last five years Africa has witnessed a growing trend for Africa’s home-grown banking groups to extend their franchises beyond their own borders, with about 15 of them already exploring...
Total external financial flows to Africa reached a new record high in 2012, totalling USD 182 billion, driven by FDI and remittances. there have been two major trends: Remittances overtook aid and FDI for the first time and became the largest external financial flow to Africa; second, Africa’s increasingly...
Uganda’s oil wealth: Development prospects and potential dutch disease effects By Lawrence Bategeka and John Mary Matovu Uganda’s development prospects were greatly enhanced by the country’s discovery of oil deposits in 2006. However, the desired economic transformation can only be realized if government’s spending options of oil revenue supports exports diversification...
Has recent Sub-Saharan African growth translated into improved living conditions for ordinary Africans? By Andy McKay High rates of African growth reported in many Sub-Saharan African countries raises concerns about living standards for ordinary African people, with many reporting shortages of food and healthcare.  This article assesses changes in living conditions...
The 3rd Tana Forum to discuss the Impacts of Illicit Financial Flows on Peace and Security in Africa from April 26-27 , 2014, Bahir Dar, ETHIOPIA The Third Tana High -Level Forum on Security in Africa will take place from April 26th – 27th 2014 in the historical city of...