Pulse #13 - Car assembly in Ghana, Kenya’s nuclear ambitions, concern for Africa’s ports, South Africa tackles femicide
The Data Room
Sub-Saharan Africa is home to many of the world's longest-serving heads of state. By early 2019, three African heads of state had been in power for more than three decades each: Teodoro Obiang Nguema Mbasogo in Equatorial Guinea, Paul Biya in Cameroon, and Yoweri Museveni in Uganda. However with sustained pressure from civil society groups and regional blocs, this trend is gradually reversing.
Numbers in the Spotlight
$120,000,000,000
($120bn) could be lost to Africa’s GDP due to the effect of Covid-19 on tourism
$5,000,000,000
($5bn) is the cost of Kenya’s commercial nuclear plant, on course to be operational in seven years
$4,800,000,000
($4.8bn) will be the size of Morocco’s strategic investment fund to help economic recovery post Covid-19
$12,000,000
($12mn) was ordered to be paid to residents of Owino Uhuru in Kenya, affected by lead poisoning
300,000 cars
is the annual potential of new car assembly in Ghana
1,022,084 cases
of Covid-19 confirmed in Africa (as of last week)
3 bills
have been approved by South Africa’s Cabinet, intended to curb gender-based violence
Volkswagen has started assembling cars in Ghana, with capacity to assemble 300,000 a year. In May 2020, Ghana (where used cars make up 70% of vehicle imports) banned the importation of cars older than 10 years to encourage international companies to set up local plants and boost local manufacturing. Enhanced by an AfCFTA framework, Ghana could become an automotive hub for West Africa. Meanwhile Nigeria’s automotive policy, which could allow for the same, remains unsigned into law. Overall, SSA holds a potential market of 3-4mn new cars, partly dependent on African government regulation and price competitiveness via tax tariffs.
High value skills development and talent repatriation
To mark this year’s Nigeria Diaspora Day, observed on July 25, Nigeria’s President Buhari has challenged his diaspora to not abandon their country, but to be active in post-Covid-19 economic recovery efforts. Nigerian diasporans annual remittances exceed $25bn - approximately 6% of GDP. However, the number of Nigerian diasporans is unknown, with estimates ranging from 1.2mn (the official 2017 record), to 17mn. With Nigeria’s diasporans likely to be mostly semi-skilled, skilled and highly skilled professionals, Nigeria could be doing more to engage with its talent abroad beyond remittances.
Effective internal and regional security, and foreign policy
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