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Africa
Africa
Table of Contents:
Highlights of Africa for Business
Emerging Middle class: Ghana, and Kenya
Petro economies: Nigeria and Angola
Culture Centers:
- Dakar , Senegal Population > 2.5 million Leading indicator > International Fashion Week, created in 1997 by local couture-preneur Oumou Sy, has become an annual ritual for European fashionistas
- Fast companies > Sonatel; Pictoon Animation....As the rest of the country struggles with a nearly 50% unemployment rate, Dakar grows so persistently that government offices are being relocated to the outskirts to alleviate congestion. Home to both a serious intelligentsia and a non-stop outdoor party, the city has its own sound track--mbalax, an irresistible mix of traditional African, Latin, and funk music--and a thriving art scene.
Global Villages:
- Johannesburg , South Africa
- Population > 3.3 million... Leading indicator > Foreign visitors to South Africa have more than doubled since 1994...Fast companies > Dimension Data; MTN; Investec... South Africa has long been the economic engine of sub-Saharan Africa . Now, Jo-burg is the political and cultural nexus, too, attracting business execs and tourists from across the continent. The attractions: good infrastructure , the world's largest container terminal , and an airport with global connections. The dark side: crime , government bureaucracy , and troubling xenophobia .
Sub Sahara Africa: a paradox
Despite being blessed with a wealth of natural resources, from petroleum and natural gas in Nigeria, to precious gems and metals in Namibia, the region continues to be mired in poverty.
Relations with China
But, the region has fostered a symbiotic partnership with China that has seen the creation of new infrastructure, and inflow of affordable goods, all in exchange for easy access to its abundant resources. Inspired by the relative success of this Sino-African co-op, countries including India and Japan have also initiated their own trade forays into the region.
Links to Business news sites:
Development Issues
Unique index for development: the "Coke Index"
Africans buy 36 billion bottles of Coke a year. Because the price is set so low—around 20-30 American cents, less than the price of the average newspaper—and because sales are so minutely analysed by Coca-Cola, the Coke bottle may be one of the continent's best trackers of stability and prosperity.
Coca-Cola says it is the largest private-sector employer in Africa, employing nearly 1mm africans, with estimates of nearly 1% of South Africas economy tied up one way or another with Coke.
Issues of water: as in India...does it make sense to use large volumes of local water to produce soft drinks, rather than for drinking water? Local water drives are essential to establishing good will in these communities.
Predictor of economy?At a macro-level, when Coke fails, the country whose market it is trying to penetrate usually fails too. Coca-Cola's bottling plant in Eritrea hardly works because the country's totalitarian government makes it impossible to import the needed syrup. The factory in Somalia sputtered on heroically during years of fighting but finally gave out when its sugar was pinched by pirates and its workers were held up by gunmen. Mr Cummings admits that Coca-Cola is "on life support" in Zimbabwe.
Is slavery to blame for todays underdevelopment in Africa?
Volumes have been written about the cruelty of slavery, the economic impact of slavery on the U.S. economy and the lasting effects of slavery on African Americans. Now comes Harvard University economist Nathan Nunn with this argument: “The African countries that are the poorest today are the ones from which the most slaves were taken.”
Writing in the current issue of the Quarterly Journal of Economics, Nunn describes what he says is “the first empirical examination of the Africa’s slave trades in shaping subsequent economic development.” He painstakingly constructs – from shipping records and other all sorts of other documents — measures of the number of slaves exported from each African country between 1400 and 1900. From 54 different samples of the transatlantic slave trade, he tracks 80,656 slaves from 229 distinct ethnic identities. He also has data on 21,048 slaves shipped across the Indian Ocean, 5,385 slaves who were moved across the Saharan trade and 67 slaves (with 32 different ethnicities) who crossed the Red Sea.
Nunn cautions that the data doesn’t prove that the slave trade caused today’s economic disappointments in Africa; it could be that slaves were drawn from the most unfortunate countries in the first place. But he argues that, in fact, the evidence shows that slaves tended to come from the most developed – not the least developed – parts of Africa. “The data are consistent with historic accounts suggesting that the slave traders impeded the formation of broader ethnic groups, leading to ethnic fractionalization, and that the salve trades resulted in a weakening and underdevelopment of political structures,” Nunn concludes. – David Wessel
History of Colonialism
Map showing European territorial claims on the African continent in 1914
| Name of region[35] and
territory, with flag
|
Area
(km²)
|
Population
(1 July 2002 est.)
|
Population density
(per km²)
|
Capital |
| Eastern Africa: |
Burundi |
27,830 |
6,373,002 |
229.0 |
Bujumbura |
Comoros |
2,170 |
614,382 |
283.1 |
Moroni |
Djibouti |
23,000 |
472,810 |
20.6 |
Djibouti |
Eritrea |
121,320 |
4,465,651 |
36.8 |
Asmara |
Ethiopia |
1,127,127 |
67,673,031 |
60.0 |
Addis Ababa |
Kenya |
582,650 |
31,138,735 |
53.4 |
Nairobi |
Madagascar |
587,040 |
16,473,477 |
28.1 |
Antananarivo |
Malawi |
118,480 |
10,701,824 |
90.3 |
Lilongwe |
Mauritius |
2,040 |
1,200,206 |
588.3 |
Port Louis |
Mayotte (France) |
374 |
170,879 |
456.9 |
Mamoudzou |
Mozambique |
801,590 |
19,607,519 |
24.5 |
Maputo |
Réunion (France) |
2,512 |
743,981 |
296.2 |
Saint-Denis |
Rwanda |
26,338 |
7,398,074 |
280.9 |
Kigali |
Seychelles |
455 |
80,098 |
176.0 |
Victoria |
Somalia |
637,657 |
7,753,310 |
12.2 |
Mogadishu |
Tanzania |
945,087 |
37,187,939 |
39.3 |
Dodoma |
Uganda |
236,040 |
24,699,073 |
104.6 |
Kampala |
Zambia |
752,614 |
9,959,037 |
13.2 |
Lusaka |
Zimbabwe |
390,580 |
11,376,676 |
29.1 |
Harare |
| Middle Africa: |
Angola |
1,246,700 |
10,593,171 |
8.5 |
Luanda |
Cameroon |
475,440 |
16,184,748 |
34.0 |
Yaoundé |
Central African Republic |
622,984 |
3,642,739 |
5.8 |
Bangui |
Chad |
1,284,000 |
8,997,237 |
7.0 |
N'Djamena |
Congo |
342,000 |
2,958,448 |
8.7 |
Brazzaville |
Democratic Republic of the Congo |
2,345,410 |
55,225,478 |
23.5 |
Kinshasa |
Equatorial Guinea |
28,051 |
498,144 |
17.8 |
Malabo |
Gabon |
267,667 |
1,233,353 |
4.6 |
Libreville |
São Tomé and Príncipe |
1,001 |
170,372 |
170.2 |
São Tomé |
| Northern Africa: |
Algeria |
2,381,740 |
32,277,942 |
13.6 |
Algiers |
Egypt[36] |
1,001,450 |
70,712,345 |
70.6 |
Cairo |
Libya |
1,759,540 |
5,368,585 |
3.1 |
Tripoli |
Morocco |
446,550 |
31,167,783 |
69.8 |
Rabat |
Sudan |
2,505,810 |
37,090,298 |
14.8 |
Khartoum |
Tunisia |
163,610 |
9,815,644 |
60.0 |
Tunis |
Western Sahara[37] |
266,000 |
256,177 |
1.0 |
El Aaiún |
| European dependencies in Northern Africa: |
Canary Islands (Spain)[38] |
7,492 |
1,694,477 |
226.2 |
Las Palmas de Gran Canaria,
Santa Cruz de Tenerife |
Ceuta (Spain)[39] |
20 |
71,505 |
3,575.2 |
— |
Madeira Islands (Portugal)[40] |
797 |
245,000 |
307.4 |
Funchal |
Melilla (Spain)[41] |
12 |
66,411 |
5,534.2 |
— |
| Southern Africa: |
Botswana |
600,370 |
1,591,232 |
2.7 |
Gaborone |
Lesotho |
30,355 |
2,207,954 |
72.7 |
Maseru |
Namibia |
825,418 |
1,820,916 |
2.2 |
Windhoek |
South Africa |
1,219,912 |
43,647,658 |
35.8 |
Bloemfontein, Cape Town, Pretoria[42] |
Swaziland |
17,363 |
1,123,605 |
64.7 |
Mbabane |
| Western Africa: |
Benin |
112,620 |
6,787,625 |
60.3 |
Porto-Novo |
Burkina Faso |
274,200 |
12,603,185 |
46.0 |
Ouagadougou |
Cape Verde |
4,033 |
408,760 |
101.4 |
Praia |
Côte d'Ivoire |
322,460 |
16,804,784 |
52.1 |
Abidjan, Yamoussoukro[43] |
Gambia |
11,300 |
1,455,842 |
128.8 |
Banjul |
Ghana |
239,460 |
20,244,154 |
84.5 |
Accra |
Guinea |
245,857 |
7,775,065 |
31.6 |
Conakry |
Guinea-Bissau |
36,120 |
1,345,479 |
37.3 |
Bissau |
Liberia |
111,370 |
3,288,198 |
29.5 |
Monrovia |
Mali |
1,240,000 |
11,340,480 |
9.1 |
Bamako |
Mauritania |
1,030,700 |
2,828,858 |
2.7 |
Nouakchott |
Niger |
1,267,000 |
10,639,744 |
8.4 |
Niamey |
Nigeria |
923,768 |
129,934,911 |
140.7 |
Abuja |
Saint Helena (UK) |
410 |
7,317 |
17.8 |
Jamestown |
Senegal |
196,190 |
10,589,571 |
54.0 |
Dakar |
Sierra Leone |
71,740 |
5,614,743 |
78.3 |
Freetown |
Togo |
56,785 |
5,285,501 |
93.1 |
Lomé |
| Total |
30,368,609 |
843,705,143 |
27.8 |

Africa
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