Economy


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    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

    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.

    Africa Must Produce or Perish

    Imagine that it is May 25, 2063, the 100th anniversary of Africa Day, a day for reflecting on Africa’s successes and failures. The newspaper headline announces, “Last Remaining Oilfield in West Africa’s American Territory Dries Up.”

    Is Green Revolution Good for Africa?

    Agricultural development in Africa is caught in a long-running ideological conflict between advocates of Green Revolution in the continent and those who believe such a technological approach to be inappropriate and potentially harmful, explain Ravinder Rena

    Scaling up microfinance in Eastern and Western Africa with lessons from India

    Micrifinace is a powerful tool for development, write Sultan Rehman Sherief and S. Tameem Sharief. They compare experiences across Africa with those in India, and identify the difficulties and challenges faced by microfinance institutions that may guide public policy in the sector.

    When Will Ethiopia Invest in Ethiopia?

    Ethiopia needs to invest more on manufacturing its own goods. The country has the resources to achieve this. What is lacking is the political will, argues Eleni Agiz.
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