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Africa Growth Isn’t Meeting Needs of Young, Poor: Report
ADDIS ABABA, Ethiopia—Foreign investment and increasing exports are propelling high economic growth rates in Africa, but haven't established enough jobs to substantially reduce poverty or meet the high expectations of the continent's large number of youths and poor, according to an annual economic progress report released Friday at the World Economic Forum's meeting here.
- Region
- Sub-Saharan Africa
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Social Innovators in Africa Awarded
Five African social innovators have been included in the World Economic Forum's list of Social Entrepreneurs of the Year 2012. The awards were announced at the Ethiopian summit of the WEF by Klaus Schwab, founder and Executive Chairman of WEF.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Uganda’s Middle Class Grows As Poverty Dips
Kampala — The number of absolutely poor Ugandans has dropped to 7.5 million (24.5%) from 8.5 million (31.1%) as of 2010, a Ministry of Finance status report released in Kampala shows.
- Region
- Sub-Saharan Africa
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The bank of SMS
AFRICA is the continent where “mobile money”—monetary transactions on mobile phones—is by far the most advanced. According to a new survey of financial habits by the Gates Foundation, the World Bank and Gallup, in 20 countries more than 10% of adults said that they had used mobile money at some point in the previous 12 months; 15 of those countries were in Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Emerging markets forecast to drive dairy industry boom
AT A time when SA’s dairy industry is losing milk producers because of the sector’s limited viability, an international index has forecast growth for the industry from an expected rise in prosperity and buying power among consumers in emerging markets including Africa.
- Region
- Sub-Saharan Africa
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Africa Progress Panel calls on African governments to drive towards MDGs
African governments and donor countries should launch a "big push" this year towards meeting the millennium development goals (MDGs), according to a high-level panel.
- Categories
- Impact Assessment
- Region
- Sub-Saharan Africa
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Shopping for a Better World
To be successful in business today, a company must do more than just sell a good product. According to a recent study (pdf), 80 percent of Americans are likely to switch brands, if comparable in price and quality, to one that supports a social cause.
- Region
- Sub-Saharan Africa
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This Man Can’t Stop Innovating
Nothing beats the economics and ingenuity of a great dual-use product. On a scorching February day, Moses Kizza Musaazi stands behind the latrines at Mpigi UMEA Primary School, describing the features of his portable incinerator. The mud at his feet is red. So are the uniforms of the children who surge and subside in waves as he delivers his tutorial.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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