Growth prospects for Sub Saharan Africa remains strong.
The World Bank recently launched its ‘Education Strategy 2020’ which focuses on achieving ‘learning for all’ over the next decade. The strategy emphasizes looking beyond inputs (classrooms, teacher training, textbooks, computers) to outputs such as cognitive skills and skills for critical thinking (read Elizabeth Kings’ post on this). The strategy emphasizes this approach through the slogan ‘invest early, invest smartly, invest for all.’
We invite you to use open and free access to data collected through the Migration and Remittances Household Surveys conducted for the Africa Migration Project. Please access the household data here. We present the methodological apects and main finidngs of the surveys in our paper, Migration and Remittances Household Surveys: Methodological Issues and New Findings from Sub-Saharan Africa. For information on the report “Leveraging Migration for Africa: Remittances, Skills, and Investments” please visit our website.
As part of the Africa Migration Project, we conducted six Migration and Remittances Household Surveys in Burkina Faso, Kenya, Nigeria, Senegal, South Africa, and Uganda. The surveys used a standardized methodology developed by the Migration and Remittances Unit of the World Bank and were conducted by primarily country-based researchers and institutions during 2009 and 2010.
We have just released a Migration and Development brief prepared by our colleagues Jose Anson and Nils Clotteau of the Universal Postal Union (UPU) based in Berne, Switzerland. There are an estimated 660,000 post offices in the world, larger than all bank branches combined. In this brief, Jose and Nils explore the role that postal networks can play in providing money transfers (remittances) and basic financial services to low-income people living in developing countries, in particular those in countries in Sub-Saharan Africa.
This week, as mass protests continued to sweep across North Africa and the Middle East, observers keep asking, “Where will be next?” Colonel Muammar Qadhafi, currently under siege, has campaigned throughout his long tenure for African unity, arguing that the similarities tying the continent together outweigh the differences. The events of the past few weeks have highlighted differences between North and Sub-Saharan Africa, however, including one which may be critical in determining whether long-serving leaders south of the Sahara face the same challenges Qadhafi is now battling: access to media and communication technology.
This issue was strikingly evident in Zimbabwe on Saturday, when police arrested nearly 50 people who had gathered to watch videos of international media coverage of the events unfolding in Tunisia and Egypt. As reported in the New York Times, the gathering “allowed activists who had no Internet access or cable television to see images from the uprisings in Tunisia and Egypt” and was intended to start a discussion on the implications of these events for Zimbabwe.
In Washington last Friday, I boarded a flight to Addis Ababa at 11:00 am. By the time I arrived in Johannesburg, Egypt’s president of 30 plus years was no longer in power. The pace of change in the Middle East and North Africa is mind boggling. Anyone doing business in the region is trying to grasp the implications, and the risk profile of doing business in some of the countries has suddenly changed.
In the meantime, sub-Saharan Africa is looking more and more attractive to investors. At least that was the consensus at today’s MIGA-sponsored seminar on managing political risk for cross-border investment. For too long, Western media has portrayed the region as a place of war and famine.