In 1970s and beginning parts of 1980s the perform once of Africa was progressively worse, it result adverse external development and policies. Africa was stagnation or decline pace. As, alternatives slave trade brought economic growth of Africa, it rapidly extended the Africa in economic growth. Due to trade Africa become liberal, educate etc. Africa growth is significant as compare to other countries.
According to Forbes researches, less than one third of family businesses survives the transition from first to second generation ownership. Another 50% don’t survive the shift from second to third generation. Therefore, statistically, only around 15% of all family companies manage to stay in the hand of the founder’s heirs. As these types of firms account for a large percentage of the economy (although many are very small, their aggregate creates an estimated 70%-90% of global GDP annually) it is really crucial to study the reasons behind these difficulties in achieving intergenerational succession. There are many reasons that have been held responsible for these high failures rates.
Migration is the movement of people from one geographical location to another, involving permanent or temporary settlement. Since Homo erectus left Africa over a million years ago, the constant transfer of people between different countries has been continued. Because migration has a key human response to environmental, social, political, and economic changes (Hall, et al, 2010). Population dynamics happens over time and space on the population. The very reasons for the happening of change of population size, composition and distribution are migration, fertility, and mortality.
He established 19 new embassies across Africa and Brazil has then expanded its engagement with Africa rapidly, doubling its diplomatic presence from 17 to 37 embassies in 54 African countries over the last decade. Among non-African countries, Brazil has the fifth largest number of embassies in Africa after the US (49), China (48), France (46), and Russia (38) which could help build long-term relationships with African countries. The above indicates that the intensification of economic ties over the past decade was driven by government initiatives during the Lula
Presently, Ethiopia’s Indian community is rapidly growing. The Ethiopian economy develops at a rapid speed and attracts a lot of foreign investors and business men. But because of Ethiopia’s motivating university boom and the towering demand in foreign academics exerted a pull on force on several Indian nationals. India is a key player in global migration and a source country for highly skilled workers for many countries. Though so far examination has been carried out above all on the migration of skilled workers from Asia to North America and Europe, Africa as a goal for academics is an option which evolved about two decades ago and still has to be extensively investigated.
Increased urbanization levels: Currently, around 40% of Africans live in cities; by 2050, 63% of Africa’s population is expected to be urban and countries like Nigeria, Ghana or Angola will see urbanization levels of around 80% 3. Increased spending power: Africa’s steadily growing per capita income drives the emergence of consumer markets with a surprising level of sophistication and growing spending power. EIU forecasts that by 2030, the continent’s top 18 cities could have a combined spending power of US$1.3 trillion. Solomon (1999) reported that recent data from a survey of United States-based companies estimated that there are about 350,000 overseas assignments, and these numbers are expected to grow in the next few years. According to Shi and Wang (2013) in the current age of economic globalization, more and more business expatriates have been sent for cross-national investment and overseas operation.
Kenya is increasingly becoming a multicultural society which has created challenges for how the new Kenyan society, which is comprised of the people who were born from the period of the late C 20th and the present age. Multiculturalism within the region of East Africa has grown exponentially considering the deep roots various cultures in East Africa have maintained since the elimination of the initial practitioners of the ‘real African culture’. When labor force was highly on demand some 50 years ago, migrants from all over the North, Central and Western African region found it suitable to migrate. This migration has enabled sociologists to understand the origin of interethnic relations; this however not pertaining to the class environment
The crucial role of an entrepreneur has called for policy choice by various governments all over the world to increase the supply of available Entrepreneur. The roles of an entrepreneur outlined above have made it much more imperative in a developing country like Nigeria. The country is faced with challenges of unemployment and poverty amidst abundant opportunities which has remained untapped. One dimension of this problem is youth unemployment, which has exacerbated the poverty situation. Statistics from Bureau of Statistics puts unemployment rate at 16 per cent per annum between 2007 and 2009, while youth unemployment is put at 50 per cent.
Despite various researches on rural-urban migration and integration in Nigeria, it has continued to be a recurring decimal in the equation of the region’s socio-economic. Without any doubt, the phenomenon of accelerated rural-urban migration and integration has been the principal cause of both the high rates of urban population growth and the rising level of urban unemployment. Since migrants comprise the majority of the urban labor force in Nigeria especially cities like Lagos, the magnitude of rural-urban migration has been and will continue to be the principal determinant of supply of new job seekers and integration. If migration is the sole determinant of the supply of urban labor force, then the migration and integration process must be
Equatorial Guinea is a small oil-producing country on the continent’s west coast. In 2010, an estimated 75% of the population lived on less than $700 a year, but the average per capita income was almost $35,000, the continent’s highest. Instead of creating prosperity, resources have too often fostered corruption, undermined inclusive economic growth, incited armed conflict and damaged the environment. Corruption is endemic in many of Africa’s most resource-rich countries. Rather than invest resource revenues into infrastructure and education, crooked politicians, often in collusion with the companies mining the resources, siphon proceeds from the continent’s mineral and petroleum wealth into their own