MIT Study Reveals Why Africa Is Still Poor

China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ...  Show more

Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices ...  Show more

Frey Lindsay investigates what some African students are required to do to get a place to study in the UK – and what that costs. We examine the cost and relevancy of English language tests and explore the visa pathways that exclude some Africans. Young African academics tell us a ...  Show more

Today, we're shining a light on a topic that keeps many African nations in the dark – the struggle for stable electricity supply. Africa has the lowest access to electricity in the world. Roughly half a billion people lack access to a stable power supply, including two of the con ...  Show more

European, American and African leaders, together with financial institutions, are looking for ways to help restart growth in Africa after the Covid health crisis. Described as the “New Deal” for African economies, leaders aim to find solutions to Africa’s international debt, whic ...  Show more

Business in Africa is booming -- but international companies are missing out, says emerging markets expert Nomava Zanazo. Rushing in without knowing their customers, businesses underestimate Africans and make costly assumptions about their diversity, preferences and buying power. ...  Show more