Posts Tagged “Africa Economy”

Comments Off on How Africa’s natural resources can drive industrial revolution

How Africa’s natural resources can drive industrial revolution

Posted by | February 10, 2014 | Uncategorized

Five years after the global financial system came perilously close to collapse, the global economic outlook is still uncertain. In Europe, GDP is still below pre-crisis levels and unemployment is at a record high. Recovery in the United States, although stronger, remains weak by historic standards, and even China, which has done so much to drive global growth, is slowing down.

 Africa now has the chance, as never before, to shape its own economic future through industrialization. This will help to spread prosperity throughout the continent. An industrialized Africa will also provide a much-needed new driver of global growth. It is in everyone’s interest that Africa succeeds.

Comments Off on Why is Africa Booming?

Why is Africa Booming?

Posted by | February 10, 2014 | Jobs in Africa

Looking at statistics and at the precedents set by China and India, Robertson brings this idea to a full boil, saying that economists haven’t been nearly optimistic enough in their predictions for the continent. While Africa is currently a $2 trillion economy, by 2050 it will be a $29 trillion economy, he says — bigger than Europe and America combined.full of inspiring graphs all pointing up, up, up.

Africa has, for a long time, conjured up images of famine, disease, poverty and war. But increasingly, entrepreneurship, technological innovation and investment in education are becoming part of the outsider’s mental picture