scholarly journals What Strategies for the Sustainable Management of Public Debts in Sub-Saharan Africa?

Author(s):  
Siméon Maxime Bikoué ◽  
Collins Chi Penn

Aim/Method: This article examines the different strategies required for the sustainability of sub-Sahara Africa’s external debt by applying the Simonsen criterion[1] and the conditions of the Harrod-Domar debt and growth model. Results/Conclusion: We then suggest that for debt to be sustainable the financial ratios have to be respected. So the effective servicing of the external debt in Sub-Saharan Africa requires that the expenses incurred in reducing poverty should be known. If the difference between the net returns and the expenses incurred in fighting against poverty is negative this reduces the burden of the debt. Finally, we recommend that Sub-Saharan African countries should use a combination of strategies based on sustainable development, financial resources of the government, and regulatory and institutional norms to manage their debts sustainably.

2020 ◽  
Vol 17 (3) ◽  
pp. 47-57
Author(s):  
Yu. V. Zinkina ◽  
S. G. Shulgin

Purpose. In Sub-Saharan Africa, UN demographers expect the population to nearly double over the next 30 years (2020–2050), increasing by more than 1 billion people. Demographic changes of such speed and scale will undoubtedly have global implications. The purpose of the work is to calculate a number of scenarios of the demographic future for some countries of the region, taking into account specific features and events of African recent demographic history (in contrast to the UN forecasts). We also aim to assess the difference between various scenarios for each country and the attainability of the “optimistic” scenario.Materials and methods. We develop scenario forecasts for population dynamics in a number of African countries. In all scenarios, mortality dynamics corresponds to the “medium” UN forecast. For the birth rate dynamics, two scenarios were simulated: the optimistic one (birth rate goes from current rates to 2.1 children per woman in 20 years, which was observed in Iran; Rwanda and Ethiopia are more or less close to this scenario) and the inertial one (for countries where birth rate declined in 2005–2015, this decline was simulated to continue at the same rate; for countries where birth rate “froze”, two options were modeled; both projected birth rate decline at 0.1 child per woman annually, either starting immediately or after another 10 years).The results show that all scenarios, even the “optimistic” one, forecast a huge population increase in all countries considered (Mozambique, Niger, Nigeria, Tanzania, Uganda, Ethiopia) over the next 30 years. Slow birth rate decline (or prolonged “stagnation” at high levels) parallel to successful mortality reduction (especially in infants and children) accumulated enormous demographic inertia in many countries of Sub-Saharan Africa (to calculate its scope, an additional “provisional” scenario was calculated in the work). The difference between the “inertial” and the “optimistic” reaches the size or even sometimes exceeds the current population of the country. This underlines the importance of the governments’ efforts to curb population growth. Ethiopia proves such efforts.Conclusion. Only in Ethiopia the “inertial” and “optimistic” scenarios almost coincide thanks to demographic growth-reducing efforts undertaken there since the early 1990s; thus, in 2005–2015 the birth rate decreased by 1.3 children per woman. This proves that achieving an “optimistic” scenario is possible in African countries, although with considerable and concentrated efforts.


Author(s):  
Tijani Alhassan

The article discusses the place and role of the financial system in the development of national economic systems in developing countries. There have been identified the main func-tions of the financial system: mobilizing financial resources, creating a database of investment projects and investors, monitoring and corporate deposit management, forming a block of information on diversification, transformation and risk management, facilitating the sale of goods through a payment system. The existing approaches to determining the concept of accessibility of financial resources are considered. The role of the financial sector in advancing technological innovations and industrialization in sub-Saharan African countries has been identified. The analysis of reasons for low financial integration, low access to financial services in the shadow economy has been carried out. The main reasons for the lack of access to banking services include the language barrier, lack of simple identification documents or data due to a poorly organized local infrastructure. It is noted that about 52% of the population of sub-Saharan Africa have access to formal financial services; 65% of small, medium and micro-enterprises (90% of the economic sector in Africa) do not have access to bank loans. Research and development expenditures in the economic regions have been systematized. The conclusions have been made about the underdevelopment and lag of infrastructure in sub-Saharan African countries, low availability of financial resources retarding the economic growth and innovative development of small and medium-sized businesses. Possibilities for improving the systems of financial innovative development in the investigated countries have been given.


Author(s):  
Nigel McKelvey ◽  
Adam Crossan ◽  
Kevin Curran

Mobile technology today is increasingly being used to help improve underdeveloped and developing areas such as sub-Saharan Africa. With the statistics showing the number of adults in Africa owning mobile devices steadily increasing, mobile technology has been a popular area of interest to use to help improve areas such as healthcare and education throughout African cities and rural areas. Common that ways mobile technology is being used to help the residents of sub-Saharan Africa are in the sectors of health care and education. Mobile technologies being used in these areas whilst simple are incredibly effective and successful in helping to better the quality of health in education in sub-Saharan Africa. Many of the projects and systems developed using mobile technology focus mainly on urban areas. While reports state the huge increase in the number of those using mobile devices in Africa, along with the large estimated increase in the coming years, the difference between rural African countries and countries which contain urban cities is substantial.


Author(s):  
Beverlley Madzikanda ◽  
Cai Li ◽  
Francis Tang Dabuo

There is a clear disparity between different regions of the world regarding the type and number of entrepreneurs. These differences are most prominent between low-income regions like Africa and middle- to high-income regions such as South-East Asia. Thirty years ago, Asian and African countries were at similar stages of development, but today their difference in entrepreneurship and economic development is massive, which makes them intriguing cases to compare. To investigate the extent of this and explain why it happens, this study identifies the main influences on entrepreneurial activity, according to entrepreneurship ecosystem (EE) theory and knowledge spillover theory. Making use of multivariate analysis of variance, the most prominent factors responsible for the difference in entrepreneurship capacity in the regions were found to be technology development, political situation and the quality of public institutions. South-East Asia provides these to a sufficient degree thereby giving rise to a healthy EE, while Africa’s ability to build this infrastructure is still in its embryonic stage. This study’s efficacy is to inform on possible policies that low- and middle-income nations can follow to build entrepreneurship in their current economic situations, as well as to expand EE theory in the underexplored context of developing countries.


PLoS ONE ◽  
2021 ◽  
Vol 16 (2) ◽  
pp. e0246578
Author(s):  
Mark Lee ◽  
Elizabeth Heger Boyle

Objectives This study considers whether orphans’ experiences with physically and psychologically violent discipline differ from non-orphans in sub-Saharan Africa, and to what extent national, community, household, caretaker, and child characteristics explain those differences. Methods We use cross-sectional Multiple Indicator Cluster Surveys (MICS) administered between 2010–2017 in 14 sub-Saharan African countries. The sample included 125,197 children, of which 2,937 were maternal orphans, 9,113 were paternal orphans, and 1,858 were double orphans. We estimate the difference between orphans and non-orphans experience of harsh discipline using multivariable logistic regressions with country fixed effects and clustered standard errors. Results Findings show that orphaned children experience less harsh discipline in the home. With the exception of double orphans’ experience with physically violent discipline, these differences persisted even after controlling for a rich set of child, household, and caretaker characteristics. Conclusions We propose two alternative explanations for our surprising findings and provide a supplementary analysis to help arbitrate between them. The evidence suggests that orphaned children (especially those with a deceased mother) are less likely to experience harsh discipline because of lower caretaker investment in their upbringing. We encourage future research to draw on in-depth interviews or household surveys with discipline data from multiple children in a home to further unpack why orphans tend to experience less harsh punishment than other children.


2020 ◽  
Author(s):  
Ngozi A Erondu ◽  
Sagal A Ali ◽  
Mohamed Ali ◽  
Schadrac C Agbla

BACKGROUND In sub-Saharan Africa, underreporting of cases and deaths has been attributed to various factors including, weak disease surveillance, low health-seeking behaviour of flu like symptoms, and stigma of Covid-19. There is evidence that SARS-CoV-2 spread mimics transmission patterns of other countries across the world. Since the Covid-19 pandemic has changed the way research can be conducted and in light of restrictions on travel and risks to in-person data collection, innovative approaches to collecting data must be considered. Nearly 50% of Africa’s population is a unique mobile subscriber and it is one of the fastest growing smart-phone marketplaces in the world; hence, mobile phone platforms should be considered to monitor Covid-19 trends in the community. OBJECTIVE We demonstrate the use of digital contributor platforms to survey individuals about cases of flu-like symptoms and instances of unexplained deaths in Ethiopia, Kenya, Nigeria, Somalia, and Zimbabwe. METHODS Rapid cross-sectional survey of individuals with severe flu and pneumonia symptoms and unexplained deaths in Ethiopia, Kenya, Nigeria, Somalia and Zimbabwe RESULTS Using a non-health specific information platform, we found COVID-19 signals in five African countries, specifically: •Across countries, nearly half of the respondents (n=739) knew someone who had severe flu or pneumonia symptoms in recent months. •One in three respondents from Somalia and one in five from Zimbabwe respondents said they knew more than five people recently displaying flu and/or pneumonia symptoms. •In Somalia there were signals that a large number of people might be dying outside of health facilities, specifically in their homes or in IDP or refugee camps. CONCLUSIONS Existing digital contributor platforms with local networks are a non-traditional data source that can provide information from the community to supplement traditional government surveillance systems and academic surveys. We demonstrate that using these distributor networks to for community surveys can provide periodic information on rumours but could also be used to capture local sentiment to inform public health decision-making; for example, these insights could be useful to inform strategies to increase confidence in Covid19 vaccine. As Covid-19 continues to spread somewhat silently across sub-Saharan Africa, regional and national public health entities should consider expanding event-based surveillance sources to include these systems.


2014 ◽  
Vol 2 (2) ◽  
Author(s):  
Shuaib Lwasa

Africa’s urbanization rate has increased steadily over the past three decades and is reported to be faster than in any other region in the world . It is estimated that by 2030, over half of the African population will be living in urban areas . But the nature of Africa’s urbanization and subsequent form of cities is yet to be critically analyzed in the context of city authorities’ readiness to address the challenges . Evidence is also suggesting that urbanization in African countries is increasingly associated with the high economic growth that has been observed in the last two decades . Both underlying and proximate drivers are responsible for the urbanization, and these include population dynamics, economic growth, legislative designation, increasing densities in rural centers, as well as the growth of mega cities such as Lagos, Cairo and Kinshasa, that are extending to form urban corridors . With the opportunities of urbanization in Sub–Saharan Africa, there are also challenges in the development and management of these cities . Those challenges include provision of social services, sustainable economic development, housing development, urban governance, spatial development guidance and environmental management, climate change adaptation, mitigation and disaster risk reduction . The challenge involves dealing with the development and infrastructure deficit, in addition to required adaption to and mitigation of climate change . This paper examines the current state of urban management in Africa .


Having broadly stabilized inflation over the past two decades, many policymakers in sub-Saharan Africa are now asking more of their monetary policy frameworks. They are looking to avoid policy misalignments and respond appropriately to both domestic and external shocks, including swings in fiscal policy and spikes in food and export prices. In many cases they are finding current regimes—often characterized as ‘money targeting’—lacking, with opaque and sometimes inconsistent objectives, inadequate transmission of policy to the economy, and difficulties in responding to supply shocks. At the same time, little existing research on monetary policy is targeted to low-income countries. What do we know about the empirics of monetary transmission in low-income countries? (How) Does monetary policy work in countries characterized by a huge share of food in consumption, underdeveloped financial markets, and opaque policy regimes? (How) Can we use methods largely derived in advanced countries to answer these questions? And (how) can we use the results to guide policymakers? This book draws on years of research and practice at the IMF and in central banks from the region to shed empirical and theoretical light on these questions and to provide practical tools and policy guidance. A key feature of the book is the application of dynamic general equilibrium models, suitably adapted to reflect key features of low-income countries, for the analysis of monetary policy in sub-Saharan African countries.


Author(s):  
Peter Kayode Oniemola ◽  
Jane Ezirigwe

To achieve universal energy access will attract huge capital investments. If sub-Saharan Africa is to realize anything close to the ambitious goals set for its energy access, then new actors, innovative funding mechanisms and sustainable technologies will have to be attracted. Finance is needed for activities such as rural electrification, clean cooking facilities, diesel motors and generators, other renewable energy technologies, oil and gas infrastructures, etc. Finance is also needed in research and development of suitable technologies and funding options as well as investment in the capacity to formulate and implement sound energy policies. This chapter examines the varied financing options for energy access in sub-Saharan Africa. It argues that with appropriate laws in place and effective mechanism for implementation, African countries can significantly engage private sector financing, international financial institutions and foreign donors. The role of the law here will be in creating an enabling environment for financing.


2019 ◽  
Vol 6 ◽  
Author(s):  
C. Merritt ◽  
H. Jack ◽  
W. Mangezi ◽  
D. Chibanda ◽  
M. Abas

Background. Capacity building is essential in low- and middle-income countries (LMICs) to address the gap in skills to conduct and implement research. Capacity building must not only include scientific and technical knowledge, but also broader competencies, such as writing, disseminating research and achieving work–life balance. These skills are thought to promote long-term career success for researchers in high-income countries (HICs) but the availability of such training is limited in LMICs. Methods. This paper presents the contextualisation and implementation of the Academic Competencies Series (ACES). ACES is an early-career researcher development programme adapted from a UK university. Through consultation between HIC and LMIC partners, an innovative series of 10 workshops was designed covering themes of self-development, engagement and writing skills. ACES formed part of the African Mental Health Research Initiative (AMARI), a multi-national LMIC-led consortium to recruit, train, support and network early-career mental health researchers from four sub-Saharan African countries. Results. Of the 10 ACES modules, three were HIC-LMIC co-led, four led by HIC facilitators with LMIC training experience and three led by external consultants from HICs. Six workshops were delivered face to face and four by webinar. Course attendance was over 90% and the delivery cost was approximately US$4500 per researcher trained. Challenges of adaptation, attendance and technical issues are described for the first round of workshops. Conclusions. This paper indicates that a skills development series for early-career researchers can be contextualised and implemented in LMIC settings, and is feasible for co-delivery with local partners at relatively low cost.


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