NAME: OMOBORIOWO COKER DEPT: MILR MATRIC: SUBJECT: MILR 802 QUESTION: IMPACT OF FDI IN AFRICA UNDERSTANDING THE TERM According to the International Monetary Fund‚ foreign direct investment‚ commonly known as FDI‚ "... refers to an investment made to acquire lasting or long-term interest in enterprises operating outside of the economy of the investor." The investment is direct because the investor‚ which could be a foreign person‚ company or group of entities‚ is seeking to control‚ manage
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interest of South Africa to shift freight traffic from road transport to rail? I believe that it is in the best interest of South Africa to shift freight traffic from road transport to rail for various convincing and some obvious reasons. The most convincing reasons being a result of reduced road maintenance costs and congestion‚ greater safety on the roads‚ overall transport and logistics cost reductions‚ reduced overall impact of rising fuel prices and the fact that South Africa has an extensive
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10. Africa and the International Community The continent of Africa has faced and continues to deal with many problems due to its geography‚ colonialism‚ and economic exploitation. Africa contains roughly 1/3 of the primary commodities in the world‚ yet it is one of the poorest regions. Geography on the African continent is diverse from deserts to rain forests and beaches to mountain ranges. The pure size of the continent and some extreme environments has made it challenging to develop infrastructure
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sub-Saharan Africa ‚ east Africa is faced with problems including the cases of HIV Aids‚ famine‚ draught and poor levels of industrialization. The current leaders of the three states are Mwai Kibaki‚ Yoweri Museveni of Uganda and Jakaya Kikwete of Tanzania. History The three east African countries share a rich history‚ all the three of them like most African countries were once under colonial rule‚ before the second world war Kenya and Uganda were under British rule while Tanzania was under German
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Bryon Conner Economics in Emerging Markets Poverty in Africa: its effects on production and economic development La Sierra University June 14‚ 2012 Introduction Poverty is a dangerous weapon that can hinder the growth and development of any society‚ where it is prevalent. Poverty in Africa has contributed to the spread of preventable diseases‚ the exploitation of woman and children‚ violent conflict over scarce resources
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in South Africa‚ where only 35% of the children in the schools can read‚ with results ranging from 12% in Mpumalanga to a "high" 43% in Western Cape (Bloch‚ 2011). This shows that indeed the quality of education being offered is very low or sub-standard and at this rate‚ it is impossible to build individuals who will be
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briefly discuss the key features of the apartheid system‚ the main reasons that led to the collapse of the Apartheid era and the prevailing legacy in political circumstances. These issues will be unpacked through firstly identifying and explaining the key features of the apartheid system‚ briefly highlighting and explaining the factors that contributed to the collapse of the Apartheid era and lastly by looking at the ways in which the past is still shaping South Africa’s present political circumstances
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What is Required for Development: How Can Africa Achieve It Introduction Economic superiority has not been historically achieved simply because the people of a nation want it. When applying various rules of trade and economic theory to a nation that is undeveloped‚ the assumption is not that a specific strategy will work‚ but rather that a given strategy should‚ to the best of our knowledge‚ work. We have never created a fully functioning‚ advanced‚ and economically stable country in a lab experiment
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Desmond Tutu and his role in Apartheid Desmond Tutu said‚ “If you are neutral in situations of injustice‚ you have chosen the side of the oppressor. If an elephant has its foot on the tail of a mouse and you say that you are neutral‚ the mouse will not appreciate your neutrality.” If a person believes something is wrong they must fight to change it. Just as Nelson Mandela‚ Desmond Tutu had also fought against apartheid. Desmond had preached for reconciliation between the parties of apartheid‚ and he had
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Sports and Development: An Economic Perspective on the Impact of the 2010 World Cup in South Africa Jo Swinnen and Thijs Vandemoortele LICOS Centre for Institutions and Economic Performance Katholieke Universiteit Leuven Version 2 February 2008 Introduction The relationship between sports and development can be analyzed from different angles – some of these have received quite a bit of attention in the literature‚ others less. An important share of the literature focuses on football
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