What’s New

  • Government and Business Building Skills in Botswana

    Debswana Diamond Company, the world’s leading producer of gem diamonds, is owned in equal shares by the government of Botswana and the South African company DeBeers. Early on it built and ran primary schools at its Orapa and Jwaneng mines, targeting employee children but also benefiting those from the communities. Later it set up junior secondary schools in the two towns, working with the government. And through its Government Schools Development Program, launched in 2002, it promotes the qu....
  • What executives say about the global value chain for garments

    To find out more about Sub-Saharan Africa’s prospects in the global value chain for garments, ACET surveyed senior executives from eight companies in the industry and conducted more extensive interviews with three of the companies. Of the three, one is a very large U.S. retail chain that sources its own brand garments from suppliers in several countries. The vendors are outside Africa, but some have factories in Sub-Saharan Africa. Two other companies are brand manufacturers that have man....
  • Challenges in Modernizing Agriculture

    Improvements in agricultural technology have come slowly in Africa, and not much is known about the diffusion of better technologies. In many ways, Africa is late in developing research capacity, and many crops and commodities had very little research effort until the past 10–20 years. In addition to research and technology, many challenges remain, including:
    • Roads. Many rural areas are cut off from markets so it is very costly to move goods— including agricultural inputs and outputs, bu....
  • Leading Transformation—The Buck Starts Here

    In August 2011 late Prime Minister Meles Zenawi went to Beijing, advised by Justin Lin, then chief economist at the World Bank, about the rising wages and pending relocation of the Chinese shoe industry to low-income countries. Zenawi’s mission? Bring a factory back to Ethiopia. Meeting with Chinese investors on this trip, Zenawi emphasized that Ethiopia’s transformation plan was targeting industrial development to grow its economy. In that spirit, he invited the investors to visit Ethiop....
  • ACET’s Yaw Ansu on CNBC Africa

    Yaw Ansu, ACET's chief economist, speaks with CNBC Africa about the African Transformation Report and the African Transformation Index. "We all know that Africa has been growing rapidly in recent years," says Ansu, "and Africa grew in the 1960's and 1970's, but the growth did not last." (image)