Archives: Consumer Products and Goods

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Ghana Set to Ban Non-Degradable Plastics

According to news reports, the Ghanaian Ministry of Environment, Science, Technology and Innovations will “sanction a directive in two weeks” banning the production and importation of non-degradable plastic products. Like many countries, Ghana’s rapid development has put significant pressure on sanitation management systems in the country’s urban centers.  However, the issue became a national priority … Continue Reading

Africa’s Middle Class: Not Hype But Challenging To Get Right

The expanding middle class has been one of the cornerstones of the “Africa rising” narrative.  Discussion of that topic has been particularly lively over the past few weeks.  From a private sector perspective, this debate presents an interesting lesson about doing business in Africa’s consumer goods sector. As an initial matter, it is important to … Continue Reading

India’s ICT Companies Lead the Way to Further Indian Investment in Africa

This week, numerous companies from emerging economies will gather in India to participate in the third annual Growth Net conference, a unique platform focused on promoting business, trade and financial partnerships amongst the countries represented.  South-South cooperation will be the focus of much of Growth Net’s agenda, and a principal topic of interest will be … Continue Reading

Retail Distribution in Africa: Challenge and Opportunity

The economy in Sub-Saharan Africa continues to grow.  A handful of the 10 fastest growing economies in the world are in Africa, it has the world’s greatest population of young people and the number of middle class consumers – estimated to be 350 million – is booming. With such a growing, promising market, comes great … Continue Reading

AU-UN Report Reveals Startling Illicit Financial Flows in Africa

A new, comprehensive report published by the African Union’s high-level panel on illicit financial flows and the United Nations economic commission for Africa (Uneca) concludes that Africa loses more than $50 billion every year to illicit financial flows (IFFs).  The report, entitled Illicit Financial Flows, represents the first African initiative of its kind, and is … Continue Reading

Egypt and Blumberg Grain Launch World’s Largest Integrated Food Storage System

In the coming months, Egypt and the American company Blumberg Grain will create the world’s largest integrated food storage system for grain, constructing 93 sophisticated wheat storage facilities across Egypt that will process 3.7 million tons annually and store 750,000 tons of wheat.  The food storage system will launch this April, and is expected to … Continue Reading

IBM and Metropolitan Health Announce Africa’s First Commercial Application of Watson Engagement Advisor

IBM and Metropolitan Health–one of South Africa’s largest financial services and healthcare companies–recently announced Africa’s first commercial application of IBM’s Watson Engagement Advisor (“Watson”).  Watson is a potentially revolutionary cognitive computing application that can “comprehend” a question posed to it in natural language, process relevant data equivalent to about one million books, and provide a … Continue Reading

Strengthening U.S.-Africa Trade and Investment

The U.S. House Committee on Ways and Means is currently considering the renewal and strengthening of the African Growth and Opportunity Act (AGOA).  AGOA is the cornerstone of the U.S.-African commercial relationship, and the African Union (AU) has called for a 15 year extension of the Act, from 2015 to 2030.  Since its enactment in … Continue Reading

Innovative Solutions for E-Waste Management in Africa

Electrical and electronic waste (“e-waste”), which includes discarded technology equipment and parts, contains contaminants that are hazardous to human health and the environment.  E-waste management is a growing concern for a number of African countries which, in addition to generating e-waste domestically, also receive millions of tons of (often illegally) exported foreign e-waste.  In light … Continue Reading
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