Hello Africa

  Hello Africa, The ways and actions of directing the affairs and leading a group of people is crucial in the over growth and development of any nation. In addition to providing direction, control, and guidance, effective leaders exhibit confidence, ambition, commitment, and courage in achieving the goals and objectives of his economic growth policies.   African Leaders: Source, independent.com(2018) Africa is burdened with poor leadership and lack of good governance. Many African leaders have knowledge gap, lack vision, and policy execution. Reasons abound for the failures of most African leaders, and some of these include, corruption, incompetent leadership, and disregard for rule of law. The resultant effect of bad and ineffective leadership in Africa are lack of strong institutions, weak and poor growth and development policies, and weak social and economic structures. Essential Qualities of Leadership: Source, YouTube. norcalbusinesscoaching.com  Leaders empower, ins...

  Hello Africa, It would interest us to know that the most important indices in measuring the level of welfare and economic wellbeing is income per capita. The per capita incomes of developing countries are low compared to the advanced countries, and this is the most important indicator of the level of human welfare, standard of living, and the quality of life. According to World bank (2021), countries with per capita incomes of $1,025 or less were classified as "low income countries" and this category of countries had the least levels of economic growth advances. In comparison to other macroeconomic indicators, per capita income is used to evaluate the general health of any economy. Per Capita Incomes and Economy of Africa Countries: Source, www.cs.mcgill.ca According to the global threshold, Algeria, Libya, Egypt, Gabon, Namibia, Botswana, South Africa, and Swaziland are the only countries in Africa having a per capita incomes of $4,000 and above. The DCR, Ethiopia, Som...

  Hello Africa, Sub-Sahara Africa is largely rural, with over 60 percent of the total population, and an average growth rate of 2 percent, this is projected to increase to 65 percent by the turn of the century. As of 2006, over 400 million people live in the rural areas in sub-Sahara Africa, and this figure represented 42 percent of the total population. Rural Africa is characterized by a smaller population, in comparison with urban Africa, abundant resources, an aging population, lower cost and standard of living, lower wages, and high poverty levels. Sadly, 226.7 million Africans go hungry daily and face food insecurity, and majority of the country most affected are in sub-Sahara Africa. United Nations (2022) report showed that between 2019 and 2022, 46 million Africans became hungry. Africa is the only region of the world where a larger share of the population suffer from hunger. Households spends over 70 percent of their income on food.  Hunger in Africa: Source, Anadolu A...

  Hello Africa, In the last century, social and economic upheavals have always stalled progress, economic growth and development in most African countries. Social changes in these countries have often resulted in conflicts, fear, crisis, strikes, and breakdown of law and order.   Anti-Immigrant Violence in South Africa: Source New York Times (2018) Social changes in most advanced countries have brought about strong and stable institutions, socio-political, and economic progress. Europe is known for her numerous social and economic changes. The Great Renaissance, Protestant Reformation, and the Industrial Revolutions were major changes that have impacted the lives of Europeans and these changes can still be felt till this day. The first and second industrial revolutions led to massive urban growth, increased productivity, and progress. The overall impact of these social changes were Imperialism and global dominance   T he impact of p olitical instability, s ocial and c ivi...

Nigeria is the most populous country in Africa. With a population of over 206 million people, the World Bank (2020) projected that Nigeria's population will reach 400 million with the current growth rate of 2.5 percent. The effects and consequences of rapid population growth rate are dire, given the growth rate of GDP, there are more people living in poverty in Nigeria than anywhere else in Africa. Economic inequality and poverty in Nigeria has reached extreme levels. Despite being the largest economy in Africa. The country has an expanded economy with abundant human and economic potential to lift millions out of poverty. OXFAM International ( 2020)  in its report  stated that the combined wealth on Nigeria’s five richest men could end poverty at a national level yet five million face hunger. More than 112 million people in Nigeria live in extreme poverty, yet the country’s richest man would have to spend $1 million in a day for 42 years to exhaust his fortune.  Poverty a...

Hello Africa, World Bank (2020) estimates projects Africa population to grow at 2,5 percent per annum, and sub-Sahara Africa, at 4.7 percent. Estimates also show that the fertility rate is the highest in the world. With a current population of 1.3 billion people, it is projected at 2.5 billion by 2050. Nigeria and Egypt has a combined population of 308 million, and this represent 23 percent of the total population of Africa.   In the last decade, the population of Africans have been rising as this has not been the case for a continent that has been experiencing slow growth in its population, particularly in the 20 th  century. The issues associated with increasing population is not just numbers but rather the serious consequences of the wellbeing of Africans and humanity in general. If economic development involves the improvement in living standards, particularly, incomes, health, education, freedom of choices, dignity and self respect, then how will population growth in...