Africa’s Jobs Gap Filed in: job creation, middle class, smes
This Forbes article points out that a major challenge for Africa’s growing economies will be to overcome the skills (read: jobs) gap. While there may be a significant population of skilled, educated workers in Africa, they are hard-pressed to find jobs that match their skill set. With...
African leaders create world’s largest free trade zone Filed in: economic growth, trade, regional integration, economic communities
African leaders have decided to create a free-trade zone running from Cape Town to Cairo and covering 26 countries. With Africa’s relatively small economies, regional integration is crucial for the countries to compete at a global scale. The zone will promote intra-African trade by reducing trade barriers and easing...
Africa Economic News Update Filed in: rwanda, fdi, economic growth, africa
Analysts Raise Expectations for Economic Growth in Sub-Saharan Africa, Though Commodity Prices Pose Threat for Future, International Business Times Economic growth in sub-Saharan Africa is expected to rise this year and reach 5.4 percent in 2016, far outpacing the global 3.8 percent. Taken as a whole, the continent of Africa is...