Tag: africa
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Ending Foreign Aid to Africa
Foreign aid to Africa has turned the continent into a ‘giant welfare state’ and is one of the direct causes for the rise in poverty rates from 11% to 66% in recent times. This is according to African author and economist Dambisa Moyo as she adds her voice to the growing group of learned economists…
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Why Local Content Matters
Google.org on helping technologically developing countries in Africa gain a global voice: allowing them to be producers, not just consumers, of knowledge. Today, Swahili books online for example, number in the hundreds compared to the hundreds of millions of books in English available online. What message does this send to young people about the relative…
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Transport and Development in West Africa
Tim Harford, the Undercover Economist, takes a look at the problems with the transportation network in west Africa and discusses how this is a major factor in the region’s stunted development. Pity the entrepreneur who wants to do business under such conditions. If goods travel at 75 miles a day […] it is almost impossible…