Economic Transformation

Trade Facilitation Will Support African Industrialisation

In the 1960s, there were high hopes for the development of the newly-independent sub-Saharan African countries but these hopes were quickly dashed following a series of shocks which began in the mid-70s, with the first oil price spikes, followed by a severe decline in growth and increase in poverty in the 80s and early 90s.

Q&A: How to Create a South African Society that Rewards Hard Work

In his new book, “The Great African Society – A Plan for a Nation Gone Astray”, Hlumelo Biko, the son of late Black Consciousness leader Steve Biko, says that if nothing changes in South Africa, the country will become engulfed by corruption, crime, social decay, hopelessness and anger.

Correa Calls for Irreversible “Citizens’ Revolution”

Ecuador's President Rafael Correa secured yesterday his third term in office by a landslide, after vowing to radically deepen his project of citizens' revolution by making the changes achieved thus far "irreversible", fully achieving the goals of eradicating poverty, transforming the model of production and consolidating the "rule of the people”.

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