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Africa Rising
Wakanyugi
#1 Posted : Monday, May 10, 2010 11:59:08 AM
Rank: Veteran


Joined: 7/3/2007
Posts: 1,634
A heart warming vote of confidence in our motherland. This time from Canada:

http://www.theglobeandma...wake-up/article1562359/
"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
muganda
#2 Posted : Monday, May 10, 2010 3:04:18 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Thanks @Wakanyugi. Inspiring and good to know...

My favs:
Little noticed by the world, the African economy had grown at 6 per cent annually for five years before the global slowdown


For the first time, Africa is becoming a bigger lure for investors than for aid donors.


Some of Africa’s economic advantages are obvious. It contains 30 per cent of the world’s mineral reserves, including 40 per cent of the world’s gold, and is one of the biggest sources of the oil that fuels the U.S. and Chinese economies.


AmHere
#3 Posted : Monday, May 10, 2010 3:35:33 PM
Rank: Member


Joined: 7/7/2009
Posts: 93
muganda wrote:
Thanks @Wakanyugi. Inspiring and good to know...

My favs:
Little noticed by the world, the African economy had grown at 6 per cent annually for five years before the global slowdown


For the first time, Africa is becoming a bigger lure for investors than for aid donors.


Some of Africa’s economic advantages are obvious. It contains 30 per cent of the world’s mineral reserves, including 40 per cent of the world’s gold, and is one of the biggest sources of the oil that fuels the U.S. and Chinese economies.




An even better kept secret is the cheap cost of relatively skilled personnel.
poundfoolish
#4 Posted : Monday, May 10, 2010 4:02:40 PM
Rank: Elder


Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
Is this one of those analysis where you remove Egypt remove south Africa remove Rwanda remove Botswana and you end up with an Africa that is doing dismally.. actualy regtrogressing?????
muganda
#5 Posted : Monday, May 10, 2010 4:07:31 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
@poundfoolish Laughing out loudly Definitely Not one of those...
@AmHere very true. Your post made me discover other gems in the article...

Since 2003, Africa’s use of cellphones and the Internet has been growing at twice the global average.

...And Kenya cited for MPesa and Ushahidi...

Africa’s child-mortality rate is declining by 1.8 per cent annually

Literacy has expanded enormously in Africa since the 1970s. A decade ago, only 58 per cent of African children went to primary school; today it’s nearly 75 per cent

JkMwatha
#6 Posted : Monday, May 10, 2010 6:29:17 PM
Rank: Veteran


Joined: 9/11/2007
Posts: 816


asante Wakanyugi. This one I must forward.



Wakanyugi
#7 Posted : Tuesday, May 11, 2010 8:47:47 AM
Rank: Veteran


Joined: 7/3/2007
Posts: 1,634
Hi All,

The article I posted was one of a major piece on Africa that the Globe and Mail - Canada's largest daily - has put out on Africa. You can see other stories from here: http://www.theglobeandma...ws/world/g8-g20/africa/

This should help answer the skepticism of 'poundfoolish.'

There is indeed a renaissance abroad in Africa and it did not start yesterday. For me the biggest resource is the more than 200 million young people aged 15-30. Imagine what we shall do with such a resource. China will not see us for dust.

Just wait.
"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
ECHOKENYA
#8 Posted : Friday, May 14, 2010 3:59:39 PM
Rank: New-farer


Joined: 4/26/2010
Posts: 71
Location: Thika/Nairobi
Quite motivating to work more extra harder
http://echoproperties.kbo.co.ke
Echo estate management Limited
muganda
#9 Posted : Thursday, May 20, 2010 7:08:35 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Thought to share this numbers update I came across from Bloomberg courtesy of twitter.

Sub-Saharan exports to emerging and other developing economies accounted for:
35 percent of total exports in 2009
20 percent in 2004
less than 10 percent in 1990,
according to IMF data.

http://www.bloomberg.com...16&sid=a4kQUsUByxYI
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