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Diaspora remittances are a key source of financing for Africa’s development

29 May, 20196 June, 2019

Whether formal or informal, remittances from the diaspora have long been undervalued. However, they characterize a large part of Africa’s financial life. These financial flows between individuals contribute significantly to the economic growth of African countries: between 10% and 20% of the GDP of some countries, from Senegal to Lesotho, thanks to remittances that are sent through formal channels. According to the World Bank, money transfers to Sub-Saharan Africa represent $46 billion forContinue reading Diaspora remittances are a key source of financing for Africa’s development

Africa Day: Towards durable solutions to forced displacement in Africa

25 May, 201925 May, 2019

The commemoration of Africa day allows us as Africans to celebrate the founding of the Organisation of African Unity (OAU) on 25 May 1963. Indeed this date marks a clear point in the history of our continent, a point at which our founding leaders signalled to the world that Africans were ready to work inContinue reading Africa Day: Towards durable solutions to forced displacement in Africa

Putting Africa’s Secondary Cities First

22 May, 2019

With Africa urbanizing faster than any other world region, governments there urgently need to craft national development strategies for harnessing the economic benefits that cities can provide. The key will be to focus not just on rapidly expanding megacities, but also on the intermediary cities needed to achieve inclusive growth. In the latest Mercer Quality ofContinue reading Putting Africa’s Secondary Cities First

Statistics, industrialisation and agricultural revolution, three challenges for the continent: my thoughts on Carlos Lopes’ Africa in Transformation

13 May, 201915 May, 2019

Africa and the statistical challenge Africa must invest in the production of better quality data, because the lack of reliable and independent statistical systems can compromise diagnosis and forecasting. Many analyses are distorted by the lack of reliable statistics. Thus, in many countries, the Gross Domestic Product is underestimated, says Carlos Lopes. But if wealth is poorly measured, how can appropriateContinue reading Statistics, industrialisation and agricultural revolution, three challenges for the continent: my thoughts on Carlos Lopes’ Africa in Transformation