Tag Archives: working
Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing world, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest shares of this stock, says the latest edition of the World Bank’s Global Development Horizons (GDH) report, which explores patterns of investment, saving and capital flows as they are likely to evolve over the next two decades.
Developing countries to dominate global saving and investment, but the poor will not necessarily share the benefits, says report
- Developing world’s share of global investment to triple by 2030
- China, India will be developing world’s largest investors
- Boost to education needed so poor can improve their well-being
Global Development Horizons 2013: Capital For the Future from WB_Research
In less than a generation, global saving and investment will be dominated by the developing world, says the just-released Global Development Horizons (GDH) report.
Made In Africa Foundation
The Made In Africa Foundation is a charitable organisation, established to support strategic infrastructure projects and create sustainable solutions to some of Africa’s most pressing problems. It works to support technical feasibility studies, to kick start key infrastructure developments and to engage the African diaspora in innovative fund-raising activities. The Foundation was founded in 2011 by international designer Ozwald Boateng OBE, and Nigerian businessman Kola Aluko, and is supported by Atlantic Energy.
Mobile Connections in Sub-Saharan Africa Increase 20 Per Cent to 500 Million in 2013 and Are Expected to Increase by an Additional 50 Per Cent by 2018
OTTAWA, Canada, May 15, 2013/African Press Organization (APO)/ – Foreign Affairs Minister John Baird today signalled Canada’s interest in growing trade and investment with Kenya and our intent to meaningfully engage when it comes to shared values.
Chinese and African leaders will come together at the 4th International Roundtable on China-Africa Health Cooperation to explore new partnerships to address some of the most pressing health challenges facing Africa and strengthen an innovative health partnership based on south-south cooperation. This year’s roundtable is the first to take place on the African continent. It will focus on promoting sustainable health solutions that meet the needs and priorities of African countries and draw on China’s unique expertise.
“Creating business and market opportunities for Africa’s poor is key to advancing sustainable development in the region.” UNDP Report
CAPE-TOWN, South-Africa, May 10, 2013/African Press Organization (APO)/ – Involving low-income communities in markets and businesses across Africa is essential for economic growth to translate into sustainable development, according to a United Nations Development Programme (UNDP) report released today.
New IFC Vice President Jean Philippe Prosper Pledges Further IFC Financing in Senegalese Infrastructure Projects
DAKAR, Senegal, May 10, 2013/African Press Organization (APO)/ – IFC, a member of the World Bank Group, will further expand its investments in infrastructure in Senegal, as well as continue advising the government on public-private partnerships in infrastructure and other sectors, said Jean Philippe Prosper, IFC Vice President for Sub-Saharan Africa, Latin America and the Caribbean. On the occasion of his first trip since assuming his new position, Prosper highlighted the key role of the private sector in building infrastructure by working alongside national authorities.
City of Cape Town to share its water and sanitation vision and showcase facilities during African Utility Week
“Demand will outstrip supply by 2019”
CAPE-TOWN, South-Africa, May 9, 2013/African Press Organization (APO)/ – A high-level roundtable on Building Private Equity and Private Capital Markets in Africa, met on 8 May, to explore the promise and obstacles facing private capital investments in Africa. The roundtable of investors and policy makers met under the auspices of the Economic Commission for Africa (ECA) and the World Economic Forum on Africa to navigate the complex world of private equity, which in recent years has shown increased interest. According to the participants, this could be Africa’s next development financing frontier and could mark an end to an aid dependency.