Syndicate content

Africa

Death and resurrection

Hands1One of our staff died today. The rest of the team has gathered from the South of Chad to N'Djamena for training, and we get a call around 8am. He has passed away with first light. He has been sick for a while, and so the news is not unexpected, although still shocking. We sit in silence, stunned.

Tough terms in Algeria

[In Algeria] public-sector managers who leave their posts for jobs in the private sector will be liable to severe penalties, including prison terms of six months to a year and fines of up to AD500,000 (US $6,900), according to a presidential decree published in the official gazette on March 13th. The decree states that managers in state-owned enterprises wanting to work in the private sector must first spend two years unemployed.

Easterly, Africa and free markets

William Easterly writes in an op-ed for the Wall Street Journal (subscription required):

Economists involved in Africa then and now undervalued free markets, instead coming up with one of the worst ideas ever: state direction by the states least able to direct.

Water for $20 billion

The brand new report The Next 4 Billion: Market Size and Business Strategy at the Base of the Pyramid quantifies the BOP market for water—3.96 billion people paying an estimated $20 billion annually.

This market is strongly segmented with the poorest - annual income below $1500 - footing over 50 percent of the BOP water bill in Burkina Faso, Cote d’Ivoire, Nigeria, Pakistan, Tajikistan and Uganda. In Nigeria, 22 million of lowest-income households spend $444 million.

Business school markets sustainability

"Trade not aid" is the slogan of Edun LIVE, a clothing line created by Bono and his wife. Last month, Edun LIVE and the Farmer School of Business at Miami University in Ohio came together to form "Edun LIVE on campus." This project links T-shirt manufactures in Sub-Saharan Africa with universities nationwide willing to engage in an effort to substitute traditional aid to Africa with employment creation.


Pages