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Ghana Wants Private Sector To Lead Development

AFRICANGLOBE - Ghana is taking steps -- including reducing its deficit and inflation -- to help the private sector lead the country's transition to middle-income status, President John Mahama told a news conference on Tuesday. Government's role is to smooth the way for the private sector, Mahama said, as he defended his government's record at a news conference to mark the first anniversary of his inauguration to a four-year term.

Who Really Create Jobs?

AFRICANGLOBE - Black Americans are often misled when politicians and pundits refer to the ability of the President of the United States to “create jobs” during their terms in office. But, in the reality of America’s economy, the private sector is where jobs originate.

Rwanda’s Economic Outlook Set For A Turnaround

AFRICANGLOBE - Rwanda’s economy is likely to grow beyond the earlier projected rate of 6.6 per cent in 2013 following a sharp turnaround in activity fuelled by a healthy recovery of lending to the private sector and resumption of aid flows in the fourth quarter of the year.

Billionaire Dangote Promises More Investment

AFRICANGLOBE - The president and CEO of pan-African conglomerate, Dangote Group, Alhaji Aliko Dangote has promised to invest and create more jobs opportunities in Nigeria. Dangote, who recently ventured into Nigeria’s petrochemical and agricultural sub-sector stated that the nation’s economy rests more on the shoulders of the private sector

‘Change is Imminent’: African CEOs Look to Bright Future

AFRICANGLOBE - Sitting at the first Africa CEO Forum this week, in the heart of Geneva, I asked myself if this was the right...

Tokyo Pushes Africa’s Private Sector

Driven by demand from its African trading partners, the Japanese government is looking for new ways to get the private sector involved in its...

Private Sector Key to Africa’s Infrastructure Development

Infrastructure investment is costly, long-term and characterised by internal and cross-border market regulations. Whilst governments are the leading financiers of infrastructure projects, there exists...

AfDB Calls for Economic Diversification Across Africa

There is need to diversity African economies in order to cushion the continent from external shocks, a top AfDB official said. The private sector employs...

Namibia to Diversify Tourism Markets

The Namibia Tourism Board as well as tourism operators in the private sector should not only promote leisure travelling and wildlife but the country's...