Should countries be more like shopping malls and compete for investors on the global capital market? Shopping malls have strong incentives to price services efficiently and to deliver them as promised.
More than six months into the worst Ebola outbreak in history, President Obama made the welcome announcement that the US would dramatically step up efforts and lead the global response to combat the deadly disease in West Africa.
The US Government has taken action to respond to the devastating Ebola epidemic in West Africa: about 100 CDC staffers have been deployed, $100 million spent on medical supplies and training, and an additional $75 million planned for 1,000 beds and 130,000 protective suits.
Electricity supply often drives how African citizens view their elected officials’ performance. Along with a handful of other issues, it also can influence the outcome of voting behavior. Therefore, it’s no surprise that African leaders have increasingly prioritized improvements in generation capacity and the reliability and affordability of service provision. The challenge often comes in the mismatch between citizens’ perceptions of performance and the timeframe required to influence them.
The African Development Bank is an amazing turnaround story. The regional development bank was close to shutting down after losing its AAA credit rating in 1995 and, worse, squandering the confidence of its shareholders.
The first-ever US-Africa Leaders Summit wrapped up late last week. While it’s too early to calculate the real impact of the convocation, I wanted to log some of the more easily quantifiable information, ranging from the trivial to the (potentially) significant.
President Obama’s Power Africa initiative clearly gathered a lot of momentum this week. First, the White House announced that approved and planned projects now represent almost 80 percent of the initial power generation target.