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Topic: Economy of Africa

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In the News (Sat 23 Mar 19)

  History of Africa - Wikipedia, the free encyclopedia
The Portuguese, whose power in Africa was already waning, were not in a position to interfere with the Dutch plans, and Britain was content to seize the island of Saint Helena as her half-way house to the East.
Africa's earliest evidence of written history was in Ancient Egypt, and the Egyptian calendar is still used as the standard for dating bronze age and iron age cultures throughout the region.
Throughout North Africa Christianity nearly disappeared, except in Egypt where the Coptic Church remained strong partly because of the influence of Ethiopia, which was not approached by the Mulsims because of Ethiopia's history of harboring early Muslim converts from retaliation by pagan Arab tribes.
en.wikipedia.org /wiki/History_of_Africa   (7452 words)

 Economy of Africa - Wikipedia, the free encyclopedia
Africa is by far the world's poorest inhabited continent, and it is, on average, poorer than it was 25 years ago.
Africa is well-endowed with natural resources, including gold, diamonds, and oil reserves, but due to several factors including poor governance and global trade policies which place tariffs on finished goods from Africa, few African countries have materially benefited from their mineral wealth.
Regions where the economy was plundered, such as the Raubwirtschaft policies of Leopold II in the Congo Free State, have not prospered.
en.wikipedia.org /wiki/Economy_of_Africa   (6201 words)

A major drawback of the moral economy in Africa is its incomplete institutionalization or the inability of its institutions to enforce societal norms.
It posits that post colonial society in Africa is essentially characterized by dualism: the formal and the informal, the modern and the traditional, the rational and the moral, the urban and the rural, the state and the ethnic nation, etc.
Whether or not the moral or informal economy is capable of generating economic development, the fact of the matter is that it is the mainstay of the livelihoods of most households, both rural and urban.
www.westafricareview.com /issue7/adi.html   (5291 words)

 AISA - Electronic Monograph: The Penetrated Political Economy Of Africa Countries: Marginalisation Or Increased ...   (Site not responding. Last check: 2007-10-14)
The concrete understanding of the penetrated nature of the political economy of African countries and the failure of African political leaders to solve this problem are of crucial importance in understanding the form and content of the limitations of the initiatives of African leaders to solve socio-economic problems of their countries.
A penetrated political [economy] system is one in which non-members of a national society participate directly and authoritatively, through actions taken jointly with the society’s members, in either the allocation of its values or the mobilisation of support on behalf of its goals.
Africa, despite its possession of enormous human and natural resources, is the continent with the largest concentration of the poorest countries in the world and with weak, disarticulated and the most dominated and dependent economy.
www.ai.org.za /electronic_monograph.asp?ID=5   (1431 words)

 Africa - MSN Encarta
West Africa also has cases of HIV-2, an apparently less virulent strain of HIV that seems to result in lower death rates.
By the mid-20th century, European colonies in Africa had established one-way trade systems in which Africa’s wealth of raw materials were exported to enrich foreign coffers, with little regard for development within Africa.
Fishing is a minor subsistence activity in most of Africa because of a general scarcity of good fishing grounds and because most of the continent’s rural population lives in the interior.
encarta.msn.com /encyclopedia_761572628_17/Africa.html   (1818 words)

 BlackState.com::: Africa On The Brink - Africa In The World Economy, Colonialism, Neo-Colonialism, Corruption & More
Africa's peripheral status in the world economy is one of the reasons it remains underdeveloped as a whole.
Along with Africa's integration into the global economy, the ways in which the domestic economies of African states are structured is also a telling effect of colonialism in Africa.
The African economies were developing and thriving at the onset of colonialism and one can argue that colonialism cut off the natural process of development in Africa not sped it up and in fact, this may be the most telling colonial economic legacy in Africa.
www.blackstate.com /africaonthebrink.html   (1999 words)

 Africa from A-Z
Africa is the second largest continent in the world and has five different areas.
The continent is bordered on the north by the Red Sea and Mediterranean Sea, on the east by the Indian Ocean, on the west by the Atlantic Ocean, and the equator lies almost across the center.
NORTH AFRICA is made up of several countries.  The Pyramids of Egypt at Giza are one of the Seven Wonders of the Ancient World and the Temple of Abu Simbel is one of the Forgotten Wonders of the world.
www.geocities.com /africaaz   (4120 words)

 An MBendi Profile: Africa - Overview
The economic powerhouse of Africa south of the Sahara Desert is South Africa.
The eastern region of Africa is home to the great wildlife reserves of the Serengeti plains and the Rift Valley lake system which stretch across the countries of Kenya, Uganda, and Tanzania.
Off the east coast of Africa is the island republic of the Comores, and Madagascar, the world's third largest island with an area of 587,041 square kilometres.
www.mbendi.co.za /land/af/p0005.htm   (1795 words)

 South Africa Economy
South Africa's GDP is expected to increase gradually during the next few years, and the government recently revised upward its 2005 estimated growth to 4.3%.ÊAnnual GDP growth between 1994 and 2004 averaged 3.0%.ÊIn 2003, real GDP growth slowed to a rate of 2.8%, but increased to 3.7% in 2004.
The government estimates that the economy must achieve growth at a minimum of 6% to offset unemployment, which is estimated at 28%, although unofficial sources put it as high as 41%.
South Africa has made great progress in dismantling its old economic system, which was based on import substitution, high tariffs and subsidies, anticompetitive behavior, and extensive government intervention in the economy.
www.nationbynation.com /SouthAfrica/Economy.html   (1474 words)

 Africa Economic Analysis - Economy
Africa's poverty has become an international cause celebre, a major focus of attention of good-hearted men and women who want heal the continent's problems and make the suffering go away.
Africa is weighed down by a heavy debt burden but unconditional debt cancellation would only reward past errant and reckless borrowing and management, argues George B.N. Ayittey.
Amoako, Executive Secretary of Economic Commission for Africa, discusses the causes of conflict, particularly its linkages with poverty; the economic consequences of war; and the imperatives for coordinated and holistic action for post-conflict rehabilitation and reconstruction.
www.africaeconomicanalysis.org /content/economy.html   (1251 words)

 South Africa: economy overview - SouthAfrica.info
South Africa's economy has been in an upward phase of the business cycle since September 1999 - the longest period of economic expansion in the country's recorded history.
South Africa was rated the most competitive economy in the sub-Saharan region and the most attractive country in Africa to invest in by the World Economic Forum's 2004 annual Global Competitiveness Index.
South Africa's economy has a marked duality, with a sophisticated financial and industrial economy having developed alongside an underdeveloped informal economy.
www.southafrica.info /doing_business/economy/econoverview.htm   (1176 words)

 Grouchy Old Cripple: Out of Africa II   (Site not responding. Last check: 2007-10-14)
Africa's most populous nation, Nigeria, is also the continent's oil giant, producing more than 2 million barrels of crude a day --- about a third of Africa's total output.
Sub-Saharan Africa is a basket case and no amount of money can fix it until the people get their act together.
Africa, with its natural resources and the home of teachers of 'philosophy and astrology and mathematics' per the Reverend Al, should have some of the wealthiest countries on the planet.
www.grouchyoldcripple.com /archives/000400.html   (1505 words)

 Economy - Ethiopia - Africa
The economy of Ethiopia remains heavily dependent on the earnings of the agricultural sector.
Participation by most of the people in the monetary economy is limited; much trading is conducted by barter in local markets.
The estimated annual budget in 1993 included $630 million in revenues and $968 million in expenditures.
www.countriesquest.com /africa/ethiopia/economy.htm   (72 words)

 UNCTAD.ORG >> Development of Africa
If the major Millennium Development Goal of reducing poverty by half by the year 2015 is to be achieved in Africa, a major policy shift is required, both at the national and international levels, to help boost growth and development in Africa.
UNCTAD, through its analysis of the issue of African development, attempts to increase understanding of the economic development problems of Africa and to promote action required at the national, regional and international levels for acceleration of African development, as well as African countries’ fuller participation in and positive integration into the world economy.
It also participates in meetings and conferences of, and provides contributions to, the New Partnership for Africa´s development (NEPAD), in particular the cluster on agriculture, market access and diversification, and the annual Regional Consultations of the UN Agencies Working in Africa.
www.unctad.org /africa   (256 words)

 The Environmental History of Africa: Topic 17
The colonial period (1875-1960) in Africa marked an important historical watershed for the continent in terms of its political structure, economic development, and social institutions.
Alternative view would be that progressively more intense involvement of Africa with an emerging world capitalist system of trade, extraction of raw materials, disparities in military power had already eroded African economies and localized ecology control that kept problems like famine, disease, and loss of biodiversity in check.
1875-1900 was the "Scramble for Africa" in which economic depression in the world economy, disparity in the power of European military power versus non-Europeans, and nationalism in Europe resulted in the expansion of direct political control of European countries over Africa.
www.bu.edu /africa/envr/topic17.html   (682 words)

 South Africa's economy - SouthAfrica.info
For the first time in a generation, South Africa's economy is creating jobs faster than new entrants are joining the labour force, says Finance Minister Trevor Manuel, thanks to "robust economic growth supported by strong consumer spending and rising investor confidence".
Overviews, news and features on South Africa's strategy to raise economic growth to 6% by 2010 and halve poverty and unemployment by 2014.
South Africa is the economic powerhouse of Africa, with a gross domestic product comprising around 25% of the entire continent's GDP.
www.southafrica.info /doing_business/economy   (227 words)

 South Africa and the World Economy in the 1990s   (Site not responding. Last check: 2007-10-14)
With the recent Vof the lifting of sanctions, South Africa stands poised to emerge from years of economic isolation into a world undergoing dramatic transformation.
At this conference, held in South Africa, a number of leading economists and policy advisers from the United States, Asia, Latin America and Africa met to stimulate discussion about a range of critical issues facing the South African economy in the years ahead.
This book, like the conference on which it is based, explores South Africa's international economic trends and their implications for South and Southern Africa.
www.brookings.edu /press/books/southafricaandtheworldeconomy.htm   (307 words)

 CNN.com - S.African labor hits Mbeki on AIDS, economy - September 18, 2000
In a tough speech to the annual meeting of the Congress of South African Trade Unions, its leader Willie Madisha told Mbeki and delegates that the president's policies on privatization had failed and challenged him to acknowledge that the HIV virus causes AIDS.
Mbeki's policies on HIV/AIDS, which afflicts 10 percent of South Africa's population of 43 million, have been steeped in controversy since he cited personal Internet research in remarks last year questioning the predominant view that AIDS is caused by the HIV virus.
In the clearest explanation of his position to date, Mbeki told Time Magazine last week that HIV could be a cause of AIDS, but that it was not the sole origin of the disease.
www.cnn.com /2000/WORLD/africa/09/18/labor.safrica.reut/index.html   (668 words)

 Russia, Economy, Freedom - JRL 9-14-05   (Site not responding. Last check: 2007-10-14)
Re: Sergey Minaev, Russian economy became as free as the economy of Africa
The way the Index is calculated makes Russia much more "un-free" than it is simply because the financial crisis of 1998 is still used in calculations, even though it is all but forgotten by international financial markets and the rating agencies.
Book "Russian Economy in 2004" published by the Institute for the Economy in Transition (Gaidar Institute) claims on p.
www.cdi.org /russia/Johnson/9244-24.cfm   (658 words)

 CAS- Syllabi Selector   (Site not responding. Last check: 2007-10-14)
Africa from the 15th through the 19th Century
Africa in the Era of the Slave Trade
Re-Imagining Africa and the Middle East: Cross-Cultural Perspectives on a Divided Continent
ias.berkeley.edu /iasasp/africa/syllabi-selector.asp   (570 words)

 Africa Chapter 14   (Site not responding. Last check: 2007-10-14)
Include in the presentation the location, picture, description, value to Africa, historical significance, climate data, language spoken and your rating of the Natural Wonder with an explanation (Choose your favorite destination, second favorite etc. of the Seven Natural Wonders).
You are to read the following profiles (Economy of Africa and Sub-Sahara Africa economic information), view the chart; take the virtual fieldtrip and write a 250 word summary on the economics and life of Africa.
Use this link describing the composition of a light bulb by minerals, list the minerals and identify the different countries in Africa that could take part in sending us the minerals to make the light bulb.
www.weatherly.k12.pa.us /Geography/chapter14geo.htm   (544 words)

 Banjul: The upcoming Singapore of Africa: Sierra Leone News
Several headings therefore were struggling for consideration in my mind; headings such as: The Pearl of Africa, the Jewel of Africa, The Singapore of Africa- this was after I had measured the size in population of this tiny West African State with that of Singapore with a population of about 23,263,209.
I therefore decided to settle for the later considering the similarities between this Tiger Economy of Asia and this to-be-Tiger Economy of Africa, The Gambia.
The leadership of Lee Kwan Yu was assertive, determined to forge ahead in achieving this feat, and had the collaboration and cooperation of the patriotic citizens of Singapore.
news.sl /drwebsite/publish/article_20052961.shtml   (1398 words)

 allAfrica.com: Biztech
Legislation that has been credited with spurring expanded American trade with Africa received a late-hour extension from the United States Congress just before both houses adjourned for the year in the early hours of Saturday morning.
In recent years, Libya has used its oil fueled economic growth to increase its investment in and trade with Southern and East Africa.
With over 60 percent of primary schools currently accessing the internet, scholarships for more than 400 students to study ICT abroad, and a computerized parlimentary voting system, Rwanda is on its way to becoming an ICT leader.
allafrica.com /business   (472 words)

 Agriculture - Economy - Sierra Leone - Africa
Agriculture - Economy - Sierra Leone - Africa
The staple food crop of Sierra Leone is rice; during the 1970s efforts were made to achieve self-sufficiency in rice production, but imports are still needed.
Cattle, goats, and sheep are raised, and the fishing industry is of increasing importance.
www.countriesquest.com /africa/sierra_leone/economy/agriculture.htm   (100 words)

 Maps of Africa - Flags, Maps, Economy, Geography, Climate, Natural Resources, Current Issues, International Agreements, ...
Maps of Africa - Flags, Maps, Economy, Geography, Climate, Natural Resources, Current Issues, International Agreements, Population, Social Statistics, Political System
for a map of Africa that you can
Copyright © 1999-2003 Photius Coutsoukis (all rights reserved)
www.geographic.org /maps/africa_maps.html   (48 words)

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