Cameroon is one of the top-five markets for Guinness in the world, thanks in part to Africa's own James Bond, Michael Power. (Remind me to tell you about my appearance at red-carpet premiere of the Michael Power film, Critical Assignment.) Perhaps it's not surprising, then, that beer bottletops are now serving as currency in Cameroon:
The Washington Post article, The Rise of a Market Mentality Means Many Go Hungry in Niger, has generated a lot of heat in the blogosphere. Here's an extract:
Andrew Heavens of the beautiful Meskel Square blog writes with affection about the Blue Donkey cabs of Addis Ababa, and the little economic ecosystem that has grown up around them:
Kenyan blogger Bankelele is a big fan of trees, predicting...
...profits of between 1 million and 6 million shillings per acre ($13,000 - $80,000 per acre) all from an initial crop of tree seedlings that can be bought for about 10 shillings each.
If these returns are real, why haven't they been competed away? The risks include fire, pests and insecure property rights:
Changemakers.net is hosting an exciting new online contest:
Ashoka's Full Economic Citizenship Initiative and Changemakers have launched a global search for innovative market-based strategies from both businesses and citizen sector organizations that improve the lives of low-income individuals in different parts of the world.
Sarah Lucas and Peter Timmer offer eight questions to ask if you want to understand the connection between economic growth and poverty reduction. It does help if potential employers are legally allowed to give the excluded a try:
Website effectiveness consultant David Bowen reflects on all the recent discussion about how Africa’s entrepreneurs can play a key role in changing the continent’s future. However, when he goes online to find evidence of African IT-entrepreneurship he finds very little to be optimistic about: