Agriculture is Uganda’s ‘green gold’ that can transform the economy and the lives of farmers. Why is it then that Uganda’s well documented agricultural potential is not realized? What specific public-sector policies and actions are required to unleash the entrepreneurial energy of Uganda’s largest private sector actors—its farmers?
Sub-Saharan Africa is home to the world’s highest female entrepreneurial activity, according to the Global Entrepreneurship Monitor Women’s Report. Approximately 27% of African women are engaged in some form of entrepreneurial venture. Among these women is Kate Mahugu, cofounder of Shopsoko.com.
According to the World Bank report, "Women and Trade in Africa: Realizing the Potential", eliminating gender-specific barriers can help boost trade and increase productivity in Africa. Behind the research for this report were women who shared their personal stories of how they overcame gender discrimination at work in order to realize their potential.
The Ouagadougou-Accra-Tema corridor, a road stretching from Ouagadougou in West Africa’s Burkina Faso through Ghana’s bustling capital city Accra and onto the country’s port city Tema, is one of Africa’s most well-known corridors. In October, we joined Albert, a 50-year-old driver from Burkina Faso, on a 750 kilometer journey to highlight the high economic costs faced by landlocked countries and the cumbersome border crossings that impede trade.
The journey, which should have taken seven hours by car, took us 17 hours, 1 border crossing and 20 checkpoints.
On June 5, the World Bank will host an event focused on the ongoing relationship between Brazil and countries in Sub-Saharan Africa. The event will be web streamed. Panelists will discuss Brazil’s experiences in the areas of agriculture, social protection and vocational training, and ways in which African countries can benefit.
Ahead of the event, we’re seeking your questions and comments. Please read the recently launched report Bridging the Atlantic: Brazil and Sub-Saharan Africa Partnering for Growth. The report highlights these key points:
In my previous blog entry, I mentioned the expected growing engagement between Brazil and Sub-Saharan African countries in 2012, to exchange knowledge and further economic and social development.
- Sub-Saharan Africa
- south-south partnerships
- slave trade
- Private Sector Development
- Nutrition and Population
- Latin America & Caribbean
- latin america
- international trade
- Information and Communication Technologies
- Agriculture and Rural Development
Stevan Lee, Senior World Bank Economist, is co-author of this post.
Attracted by the prospects of large unexploited natural gas reserves in the south of Tanzania, big players are in town. The British Gas Group has publicly announced that it may invest over US$35 billion in the next 25 years – 1.5 times Tanzania’s current GDP. Policymakers and donors are jockeying to position themselves and understand what is at stake.
Linked in the distant past through colonial-era trade enterprises, Brazil and Africa are becoming close partners again. More than two centuries after establishing a slave trade route across the Atlantic, both regions are again re-engaging, this time to exchange knowledge and further economic and social development.
Sub-Saharan African countries are looking to replicate Brazil’s successes in boosting agricultural production and exports, and private investments, which have made Brazil a key economic player in the international arena. This is no coincidence. The world is going though rapid changes, resulting in a new financial architecture, with emerging economies and countries in the South increasingly participating and influencing global decisions.
Backpackers looking for an intense experience are constantly looking for new regions to explore. While Asia is nowadays swamped by mass tourism, and Western destinations lack originality, Africa remains the ultimate well-kept secret for unconventional tourism – tourists are heading into the rain forests of Madagascar and on safari in South Africa. But hurry up because more and more folks are traveling south.
Despite the economic downturn and a general decline in tourism worldwide, tourism in Africa is growing faster than in the rest of the world. African tourism arrivals grew from 37 million in 2003 to 58 million in 2009. The continent receives more tourists than the Caribbean, Central America, and South America combined. For instance, in Nigeria-the most populous country in Africa-we welcome more than three million visitors annually, largely business men from neighboring countries and the Nigerian Diaspora visiting friends and relatives.