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What’s standing in the way of South Africa’s entrepreneurs?

02/06/2017

Industrialisation is a key driver of sustainable development. It creates jobs, adds value and promotes trade through greater integration into global value chains. At the same time, entrepreneurship and small and medium enterprises (SMEs) are critical to every economy by creating jobs and innovative goods, promoting a competitive environment and economic growth, and facilitating income distribution.

Blogs

Implementing industrialisation strategies in Africa

18/05/2017

A cursory look at national and pan-Africa policy statements suggests that many African countries have a strong desire to industrialise. They have a point: manufacturing creates jobs, diffuses technology and makes the economy more resilient. Unfortunately, much analysis points to a reduction recently in the share of manufacturing as a percent of GDP on the continent, although significant progress is being made in selected countries.

Blogs

Green Industrialisation and Entrepreneurship in Africa

18/05/2017

Policy makers across Africa have embraced industrialisation and economic transformation as keys to accelerate inclusive growth. They also increasingly see the need for economic transformation to deliver green growth – growth that does not endanger Africa’s natural environment in ways that reduce the welfare of present and future generations.

Blogs

Business incubation needs a re-think

18/05/2017

A little more than 12 years ago I read an article about 981 “entrepreneurs” who had been through a brief new venture creation programme. According to the journalist’s investigation, not one of these would-be entrepreneurs who had been in that programme was in existence a year later. The journalist lamented that despite the obvious evidence that these high volume, low quality programmes were ineffectual, they were nevertheless prolific, wasting hundreds of millions of dollars every year.

Blogs

Little changes for women entrepreneurs in Africa unless mindsets and policies change

11/05/2017

In the last decade, most countries in Africa underwent radical transformation, increased their GDP per capita and moved towards globalisation. Just look at Botswana where GDP per capita increased from USD 7 136 in 2013 to USD 7 505 in 2014, or Cameroon that saw an increase from USD 1 271 to USD 1 405, or Nigeria that experienced a jump from USD 1 692 to USD 3298 during the same period.

Blogs

Africa’s industrialisation: leaving no woman behind

25/04/2017

Africa must industrialise to fulfill its economic potential. To achieve the Sustainable Development Goals (SDGs) as part of the 2030 Agenda, we need to support Africa in accelerating its development by promoting inclusive and sustainable industrialisation.

Blogs

The Informal Economy in African Cities: Key to Inclusive and Sustainable Urban Development

04/04/2017

The informal economy consists of economic activities and units that are not registered with the state and workers who do not receive social protection through their work, both wage-employed and self-employed. The reality of the informal economy in Africa cannot be denied. In fact, informal employment accounts for two-thirds (66%) of non-agricultural employment in Sub-Saharan Africa.

Press release

Unlock the potential of African entrepreneurs for accelerating Africa’s industrial transformation, says the African Economic Outlook 2017

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AfricanEconomicOutlook.org  offers comprehensive and comparable data and analysis of 54 African economies.