The informal sector of the economy often refers to the unregulated and mostly unregistered sector of the economy, put simply it refers to the numerous petty or small scale businesses operated by artisans, peasants and other micro entrepreneurs, within the economy. Experts have argued that in most African economies, the informal sector is often the… Continue reading The Role of the Informal Sector in African Economy
Tag: world bank
Is Kenyan African Silicon Valley?
CHRISTINE MUNGAI Kenya is on the brink of becoming Africa’s ICT hub due to the continued growth in Internet and mobile technology use in East Africa’s biggest economy with investors flooding the country. The recent Kenya Economic Update report by the World Bank states that over the last decade, ICT has outperformed all others sectors… Continue reading Is Kenyan African Silicon Valley?
Making Government Work Can Transform Africa
The truth is that ultimately Africa’s future prosperity lies with the decisions of Africa’s leaders. We need leadership that is democratic, accountable and transparent.
The Currency wars: when two elephants engage in a wrestle fight…
Currency wars between powerful nations may have a negative effect on fragile economies such as those those in Africa
Watch out for Africa, says the World Bank
The World Bank alerts nations to watch out for Africa’s economy to take off like China did 30 years ago.