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Forever Young? What Africa can learn from Southern Africa’s demographic transition

Lucilla Maria Bruni's picture
Forever Young: Southern Africa’s Demographic Opportunity


There has been an increase in attention on Africa’s changing population. Academics, development organizations and the media (among others, BBC, The Guardian, Financial Times, The Economist) have highlighted Africa’s late demographic transition – the population is young and will remain so for a long time, as fertility rates are not falling there at the same rate as they have fallen in the rest of the world.

Financing Côte d’Ivoire’s Emergence Starts with a Social Contract

Jacques Morisset's picture
Also available in: Français
In Côte d’Ivoire, only 15% of savings are allocated to financial institutions such as banks, microfinance companies, and mobile money accounts.
In Côte d’Ivoire, only 15% of savings are allocated to financial institutions such as banks, microfinance companies, and mobile money accounts. 

The wealthy can borrow money to finance their investment needs because bankers trust them. Those who are less well off, and who need loans the most, do not have this access and must call upon the solidarity of their family and community to finance their investments. The same logic can be used at the country level. High income countries borrow, while many poor African countries have a limited access to international capital markets. In recent years, only one fourth of sub-Saharan African countries were able to issue international bonds—and do not have any other alternative but to solicit international aid.

It’s not About Handouts, It’s About Partnership and Trust

Daniella Van Leggelo-Padilla's picture
Also available in: Français
 Pape Ndiaye, founder of Yeesal, Cherif Ndiaye, founder of Ecoles au Senegal, Daniella van Leggelo-Padilla, Thierno Niang and Mamadou Ndoye, co-founders of Rev’evolution.
From left to right: Pape Ndiaye, founder of Yeesal, Cherif Ndiaye, founder of Ecoles au Senegal, Daniella van Leggelo-Padilla, Thierno Niang and Mamadou Ndoye, co-founders of Rev’evolution.

 
“The mentality of youth in Senegal is changing. These days, young Senegalese aren’t waiting for job opportunities to fall from the sky. They are actively working towards creating them for themselves, and for other youth.” These words, spoken by 30 year old Thierno Niang, a social entrepreneur and co-founder of Rev’evolution, a youth run, self-funded start up incubator, struck a chord with me. Thierno and I were discussing his role as a panel moderator for the Youth Forum on Employment, Training, and Inclusion: A Knowledge-Sharing Event for Sub-Saharan Africa, the first ever youth event of its kind organized by the World Bank office in Senegal.

How can Malawi emerge stronger and more resilient after two years of drought?

Richard Record's picture
Almost two years ago I was given the opportunity to move to Malawi as the World Bank’s senior country economist. It was a chance that I jumped at, having previously worked in Lilongwe for three years in the Malawi Government before joining the Bank.

More than a short-term escape: Sustainable empowerment solutions for girls and women in Zambia

Sarah Haddock's picture
In rural Zambia, women who live in poverty struggle every day to make ends meet and feed their families. In the words of one woman, “to tell the truth we are poor. Any money I make from piece work goes to buying relish, washing soap and bathing soap, I hardly have anything left for anything else...My husband doesn’t work apart from doing a little here and there in our farm, also (my) boy goes to school, so there are school fees to think of.”
 

Branding development?

Johannes Hoogeveen's picture
Also available in: Français
Branding is everywhere, and development agencies are no stranger to it. Many have seen pictures of food aid labeled: "Gift of the people of the United States.” Who does not remember the Medicins Sans Frontier logos displayed prominently on clinics set up in Ebola-affected countries? And who has not seen the name of the World Bank associated with some project?
 

Disrupting malaria: How Fyodor Biotechnologies is changing the game

Efosa Ojomo's picture
In a recent blog post, I made the case that disruptive innovation is the most viable strategy for economic growth in Africa. The post generated many comments and conversations, with people asking exactly how it would work. Since then, I’ve been collecting examples of successful disruptive innovations in various industries; this time, I’m tackling health care.

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