Kenya is Turning the Oil debacle into a Bonanza -Africa Business Round up

There’s been nothing but trouble for much of Africa as the price of oil plummeted by over 55 percent during the past two and a half years. But there’s a brighter side for the continent.

Unlike Nigeria, where oil accounts for more than 90 percent of exports, or South Africa, which never recovered from the 2008 financial crisis amid weak global demand for commodities, Kenya, the No. 3 economy measured by gross domestic product, is turning the oil debacle into a bonanza.

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East Africa has no country in the top 10 Africa good life index

The KPMG Africa Good Life Index does not base quality of life on income only, but includes three wider pillars: good socio-economic conditions, ”good environment, and good governance. Each of these pillars consists of 12 different topics, which in turn are built up using 22 weighted indicators.

This index is built specifically for the African continent and yields a comparison of the countries within Africa.

This index helps gain a better understanding of the differences in quality of life across Africa. The index yields a more balanced perspective of Africa’s quality of life at a country level but could also change the way governments make policies and allocate resources. 

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Why Nigerians are yet to feel impact of N0.75 trillion capital projects spending

The Minister of Finance, Kemi Adeosun outlined critical steps the Muhammadu Buhari administration is taking to move Nigeria out of economic recession.

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What does the future of global economic prosperity have to do with 10-year-old girls?

Today’s 10-year-old girls have the power to shape the future and improve the health and prosperity of their countries. This power can be greatly magnified with investments in these girls’ education, empowerment and well-being.

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