insert_link Business / Economics Why do identical informal businesses set up side by side? It’s a survival tactic – Kenya study By Tim Weiss, Imperial College London The population on the African continent will have nearly doubled by 2050, according to UN projections. About 800 million more young Africans will enter the job market by then. Combine this forecast with the high youth unemployment rate in many African countries today, then the pressing question is: who will create stable jobs at mass scale? Many policies to create […] today25 March, 2024
insert_link Business / Economics Narendra Modi’s economy isn’t booming for India’s unemployed youth. So, why is his party favoured to win another election? By Ian Hall, Griffith University India will soon hold the biggest election ever conducted, starting on April 19 and running through early June. Almost 950 million registered voters will be able to cast ballots to elect the 543 members of the Lok Sabha, the lower house of parliament. The result is not a foregone conclusion, but most analysts expect Narendra Modi’s Bharatiya Janata Party (BJP) to win another […] today18 March, 2024
insert_link Namibia President Mbumba prioritises legacy projects in first SONA President Nangolo Mbumba delivered the State of the Nation Address at Parliament this afternoon. It marked Mbumba's inaugural SONA, focusing on job creation and advancing late President Hage Geingob’s legacy projects, such as green hydrogen and oil initiatives. today14 March, 2024
insert_link Business / Economics South Africa has spent billions in 4 years to create jobs for young people: how their wages affect the broader economy By Joshua Budlender, UMass Amherst and Ihsaan Bassier, London School of Economics and Political Science In October 2020 the South African government launched a collection of public employment programmes, initially intended as a response to the COVID-19 pandemic. The initiative, called the Presidential Employment Stimulus, has been extended since then. The total budget allocation to March 2024 was R42 billion (US$2.1 billion). By December 2023 it had […] today16 February, 2024
insert_link Science & Technology South Africa’s internet space is getting hotter By Bonface Orucho, bird story agency A surge in internet connectivity and speeds will amplify opportunities within South Africa's already flourishing digital economy, executives in the sector believe. Africa-focused news platform Innovation Village reported the 2Africa subsea cable project is expected to be operational in the Rainbow Nation in 2024. “We expect 2Africa West and 2Africa East to be live by the end of the year,” David […] today6 February, 2024
insert_link Africa Somalia’s rekindled aviation industry By Conrad Onyango, via bird story agency The recent opening of Somalia’s first plane maintenance, repair and overhaul (MRO) facility is the latest indicator of the country’s efforts to revive a civil aviation industry that collapsed more than 30 years ago. Christened the Blue Hangar, the facility in Mogadishu is a key step towards an independent industry, according to local officials, as it offers local flight maintenance capabilities. […] today6 February, 2024
insert_link Business / Economics Innovating for Impact: driving positive change through financial solutions By Mignon du Preez, Group Marketing, Public Affairs and Sustainability Executive, Old Mutual Namibia In Namibia, making a real impact with financial solutions is a shared endeavour that requires collective action, innovative thinking, and a deep understanding of our people's needs. As a united force within the financial services industry, we bear a collective responsibility to lead the way toward a better future for everyone. At the forefront […] today1 February, 2024
insert_link Africa Young Africans could disrupt authoritarian states but they don’t – here’s why By Lovise Aalen, Chr. Michelsen Institute and Marjoke Oosterom, Institute of Development Studies Africa has the world’s largest youth population. By 2030, 75% of the African population will be under the age of 35. The number of young Africans aged 15-24 is projected to reach 500 million in 2080. While population dynamics vary across the continent, most sub-Saharan countries have a median age below 19. Niger is the youngest country […] today8 January, 2024
