So much has been said about the wealth of the African continent which has not been harnessed due to lack of human capital and corruption. This is a reality that has got a number of us thinking ourselves into knots. In life, there are always two extremes. It is either you are here or there,…
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From Strong Men to Strong Institutions: An Assessment of Africa’s Transition Towards More Political Contestability by Vera Songwe
Article by Vera Songwe. As President Obama said during his recent address at the African Union, “There’s a lot that I’d like to do to keep America moving. But the law is the law, and no person is above the law, not even the president.” This sentence, uttered during his speech to the African Union…
[GUEST POST] WE HATE THE GOVERNMENT BUT LOVE WHAT IT HAS GIVEN TO US
This guest post by Karl Ken Harris is aimed at highlighting the key component of democracy which the incumbent government has allowed to flourish. Scientists have reported that humans don’t use up to 10% of their cerebral capacity. Despite this uniform ratio, there is another fact that prompted a scholar to say: If you…
New Models in Emerging Markets
Almost a decade ago, the prospect of emerging markets burnt brightly; predictions were made about how certain countries would effortlessly gain entrance into the league of developed economies. However, after the melt down, the brightness dimmed and the apparent cracks that had been shielded from informed view began to show. In what seemed like a…
Creating a Nigerian Skills Base for Future Growth
No one can deny that the private sector plays a key role in a nation’s economic growth. This has been spectacularly demonstrated in China in the last two decades where an improved environment for business productive activities led to massive economic growth through increased jobs, more investment and innovation, increased goods and services. This is…
The problem with the cabal – Part 2
During the run-up to the 2012 Republican primaries in the United States, Rick Perry described a group of businessmen as ‘vulture capitalists’. His choice of words is quite apt. How else can you describe companies whose philosophy is purely about the bottom-line? How best can you describe companies that see people as mere tools to…
The problem with the cabal – Part 1
Unemployment in our country is at an all-time high and, as with any society, the associated danger confronting us is that a lack of jobs tends to come with a negative multiplier effect, often resulting in a state of insecurity. The undeniable fact is that idle minds become factories for nefarious acts. Apparently, that is…
The Vantage Point
We live in a time of incredible change. Borders are dissolving and bringing continents into a single community. These changes have inherent threats, as well as opportunities. Countries are realizing that the Comparative Advantage argument does not hold water anymore. There is an emergence of a new vantage point, which is called the Knowledge Economy….
‘’Education’s purpose is to replace an empty mind with an open one’’ Malcolm Forbes
Andrew Nachison once said that “The real disruptors of the next decade won’t be companies, but people – creative entrepreneurs, opportunists who are transforming the global economy; professionals scattered around the globe, connecting and working from anywhere to build businesses and solve problems everywhere’’.
Not All Gold Glitters
It is often said that not all that glitters is gold, but truly not all gold glitters. The real genius of a parent is not the one who spots success in an obedient child, but the one who finds something redemptive in the seeming stubborn child and nurtures him or her to a place of…