Chinese investment in Africa has increased in the last decade. Ten years ago, China invested $90 million into four production projects. In September 2018, P, the leader of China, announced plans for a further $60 billion in financial support for Africa. The economic impacts have been positive in many areas,
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The Benefits of Crowdfarming
WHAT IS CROWDFARMING? Crowdfarming is a way of pooling resources and money in the . In practice, it means investing a certain amount of money to purchase a good that a farm might need, but cannot afford alone. Depending on the type of farm, this could be a cow, a
Are Social Media Taxes Good for the Economy? (Uganda)
Internet usage is growing rapidly across Africa, with over 20% more internet users in 2018 than in 2017. Consequently, many African countries are introducing taxes on different internet services. In July 2018, Uganda became the first African country to introduce a tax on using social media. HOW DOES THE UGANDAN
Can Bitcoin Help African Individuals and Businesses?
Currently, 350 million people in do not have a bank account. As a monetary technology which has the potential to improve businesses and commerce, can provide solutions to this. Bitcoin can remedy issues for individuals, and help connect them with businesses. WHAT IS BITCOIN? Bitcoin is often described as a
Top Tips for a Successful Job Interview
Interviews can be stressful, but preparation and practice can make them easier. The purpose of an interview is to show the employer your personality and potential. It also allows you to see if the job is what you expect. Here are a few things to think about before you go.
The Helpful Opportunities of Bee-Keeping
Bee keeping is an economically and environmentally sustainable business. Not only is it profitable, but it also protects people, animals, plants and the bees themselves. HOW BEES BENEFIT PEOPLE Beeswax (used for cosmetics) and honey (used for food) are profitable trades. The value of the honey trade is estimated to
Can blockchain boost the income of African farmers?
WHAT IS BLOCKCHAIN? Blockchain is a way of keeping records of financial transactions which allows everyone who has been part of the transaction to see all information about it. WHY MIGHT AFRICAN FARMERS BE UNDERPAID? At the moment, around 65% of Africans work in agriculture. Whilst Africa’s produce is sold
How can we use technology to reduce food waste?
Currently, there are 7.5 billion people in the world. Of them, 1 in 4 suffers from malnutrition. The world’s population is predicted to continue growing and is expected to reach 9.7 billion by 2050. We need to reduce food waste to ensure that the world’s current and future populations can
The effects of tourism on business in Africa
Tourism as an industry is talked about a lot because it tends to have a large impact on the economy as a whole. This is because tourism brings in a lot of new consumers from outside the country. In addition, what makes a country more attractive as a tourist destination
What is Game theory and how does it teach us to share
Game theory is a branch of mathematics that explores how to get the best outcome in a situation. It can be applied to politics and economics as well as our everyday interactions. A GAME THEORY PROBLEM One puzzle Game theory tackles is known as ‘The Tragedy of the Commons’. This