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Friday@Noon on Economic Development in Africa: 2018

10Apr

By Johan BurgerNo Comments

Friday@Noon on Economic Development in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The year 2018 saw numerous cases of economic development on the African continent. This would include trade, etc. Africa The US$2 trillion-plus Sub-Saharan Africa economy continues to strengthen from a low point in 2016, thanks to domestic policy adjustments and improved global economic activity. Growth is projected to increase from 2.7% in 2017 to 3.1% in 2018. With the exception of SSA’s two biggest markets (Nigeria and SA), the rest of SSA has grown at 5.3% on average in the period spanning 2010-17, but with wider heterogeneity across countries. Hence, there are plenty opportunities for dedicated investors. The regi...

Deforestation Costing Kenyan Economy Millions of Dollars Each Year and Increasing Water Shortage Risk, UNEP and Kenya Forest Service Report Finds / Services from Kenya’s Water Towers Underpin Many Sectors of Economy

NAIROBI, Kenya, November 5, 2012/African Press Organization (APO)/ – Deforestation deprived Kenya’s economy of 5.8 billion shillings ($US 68 million) in 2010 and 6.6 billion shillings in 2009, far outstripping the roughly 1.3 billion shillings injected from forestry and logging each year, according to a joint Kenya Forest Service (KFS) and UN Environment Programme (UNEP) report. The ongoing work of the KFS, together with the Kenya National Bureau of Statistics (KNBS) and international partners, says that the contribution of forests is undervalued by 2.5 per cent, putting the estimate of its annual contribution to Gross Domestic Product (GDP) at around 3.6 per cent. Hon. Dr. Noah Wekesa, Kenya’s Minister of Forestry and Wildlife, said the report – entitled ‘The ...

Timber & Steel prices in Kenya 2012

Cypress: 2×2: KES 25 per foot.4×2: KES 60 per foot.Mukima: 2×2: KES 20 per foot.4×2; KES 40 per foot.Cpress: 6×1:KES 36 per foot.Mukima: 6×1: KES 23 per footPlywood: KES 300 per m2.Barbed wire:610m@ KES 5,000480M@ KES 3,800Barbed wire Nails @ KES 200 per kg.Iron Sheet:Gauge 30 prepainted box/curved profile.IT4 2m-900=KES 600 per m2Gauge 30-2m kes560=KES 373 per m2Gauge 32-2m 480=KES 320 per m2 Source: http://www.a4architect.com/2012/02/07/timber-prices-in-kenya-2012/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+real-estate-portal+%28Real+Estate+Portal%29&utm_content=FeedBurner+user+view