Africa is a land of contradictions normally termed the paradox of plenty. While the continent has very substantial reserves of arable land, water, hydropower and mineral wealth, most countries within it rank among the poorest in the world. In the current knowledge economy what matters is no longer raw material but knowledge that creates value from those raw materials. Africa needs to take advantage of its comparative advantage and say no when need be. Africa has abundant land and natural resources and a young workforce that it can leverage as a global competitive advantage and a great asset in driving economic transformation. This transformation will come through diversifying Africa’s economies, boosting its competitiveness in world markets, increasing its shares of manufacturing in GDP, and developing more sophisticated technology in production.
Rethinking African Development
With Shared Prosperity And Decent Jobs Especially For The Youth
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AHETI is a pan-African initiative aimed at eradicating poverty diseases endemic in Africa, namely, malaria, tuberculosis, HIV and AIDS, hepatitis B and diarrhoea by promoting efforts and policies to ramp up local production of pharmaceuticals in Africa.
The Bakhita Partnership for Education is an independently governed faith-based partnership building a community where all girls and women live in safety, have the education needed to earn a living wage, and the opportunities to build a secure future.
The Economy of Francesco is an initiative that brings together young economists, entrepreneurs, and change-makers from around the world to “enter a covenant” to change today’s economy and to give a soul to the economy of tomorrow.
While global fisheries could contribute much more effectively and directly to fulfilling the human right to subsistence (an ethical norm that is as universal and binding as any under international law), their potential to do so is undermined by legal structures that favour the extractivist model and fail to legislate ethical norms.