Business

Will commercializing MFIs help or hurt the poor?

Microfinance is a type of banking service offered to people who normally have no access to finance. People excluded from regular banking services are farmers, the poor, and often women. Microfinance has sometimes been called ‘financial inclusion’. However, this is a contentious term because there is still much debate about

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The uses of microfinance in Africa

Microfinance is a type of banking service offered to people who normally have no access to finance. People excluded from regular banking services are farmers, the poor, and often women. Microfinance has sometimes been called ‚financial inclusion.‘ However, this is a contentious term because there is still much debate about

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Free trade and the African market

Countries today are importing (buying) and exporting (selling) goods from each other more than ever before. This is because of an increase in “free trade.” If a country chooses to increase free trade, they are removing barriers that are stopping trade between countries. Types of trade barriers include quotas and

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GMOs and Africa’s future in farming

WHAT ARE GM CROPS? Climate change and population growth are making it harder for African farmers to meet domestic and international demand. Switching to GM crops is one of the leading solutions to this production crisis. Genetically Modified (GM) crops have been structurally altered to improve their yield and resilience.

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The agricultural potential of Africa

Agriculture and farming is the largest economic sector in Africa making up about 15% of total output. However, Africa has a growing population with a large demand for food. While the agricultural sector is large, there are still many improvements that can be made. African agriculture has the potential to

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