Tuesday, November 06, 2012

Entrepreneurs and Women: Keys to Growth in Africa


The international financial crash of the late 2000s created more than a global economic recession: it accentuated popular doubts about the paradigms on which our economies are built and prompted a closer look at two crucial drivers of economic growth: women and entrepreneurship.

At the recently concluded Women’s Forum held in France earlier this month, a pivotal point on the agenda was how to promote sustainable economic and social development in the world’s second fastest growing region: Africa.

Recent research from the McKinsey Global Institute (MGI) shows that natural resources account for only about a third of Africa’s growth. The rest is the result of internal structural changes that have stimulated domestic economies: telecommunications, banking and retail are flourishing and construction is booming.

See full Article: http://www.ipsnews.net/2012/10/entrepreneurs-and-women-keys-to-growth-in-africa/