Recent Articles

Myth of rising poverty in Africa

Grossly overstating poverty levels in Nigeria has implications for the accuracy of poverty figures published for the continent.
Care should be taken in the current social climate of distrust of bankers and other financial services practitioners that people in Africa do not undervalue the importance of finance in economic growth and development.
The challenge facing people in Africa is how to produce a much wider variety of goods and services that consumers want and at prices they are prepared to pay.
Historical successful economic reforms show that smart nations have always learned from the strategy successes of other economies, adapting them to domestic situations, writes Ehizuelen Michael Mitchell Omoruyi

The Hopeful Safari: African Turning Point beyond Aid

Africa's turning point rests not on aid but on wealth creation; which can be viewed from five key pillars: knowledge, entrepreneurship, Technology, Trade, and governance, argued Ehizuelen Michael Mitchell Omoruyi

Poverty in Nigeria: The true Brunt

Nigeria is currently hobbled by macro-economic instability, inadequate infrastructure and vast poverty. This is despite the fact that the country is blessed with a whole lot of natural and human resources, writes Amilia Jiji Ugboma

The Money Illusion

African politicians and policymakers have probably been watching with amusement the unfolding drama of the public debt dilemma facing governments in the West. Not too long ago western commentators were poking fun at African nations crippled by high debt burdens, while multilateral agencies were advising African leaders on the wisdom of financial prudence.
Although women entrepreneurs are rapidly becoming a major force in economic production in Africa, their contribution could become even more significant if a number of restrictions were removed so that their potential could be fully exploited, write Sultan Rehman Sherief and Asmahani Aswaddalai

Anti-globalisation, nativism and racism

It seems unfair to draw similarities between antiglobalists and opponents of the black immigration in western societies. After all, anti-globalisation activists are generally presented as politically progressive and socially conscious people. Nevertheless, there are striking similarities between the assumptions of left-leaning critics of globalisation and right-wing racists, writes Tunde Obadina.

The Pitfalls of communalism

To understand why Africa remains poor or is not growing as fast as it could economically, we need to study the impact of politics and culture on economic activity in the continent. This will tell us more about underdevelopment than straight economic analysis focusing on such matters as macroeconomic management and international trade relations, writes Tunde Obadina.
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