...Biafran War, fought between the people of Nigeria and the people of Biafra, turned into a genocide that many of the world’s most powerful countries did nothing to prevent. In fact, many of those countries supported the side who brought on the genocide. Biafra was a short lived country that was in a war for practically the entirety of its existence, causing over one million people to lose their lives. Biafra no longer exists as a country today, but rather a territory of Nigeria, taking up about half of the southern coast. The Biafran War was devastating to its citizens, but today, some people still want it to be independent. To understand the situations of the war, one must know why the war started, what happened in it, and which other countries...
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...A Look into Nigeria’s Economy The Republic of Nigeria, more commonly known as Nigeria is the largest country in Africa and was under the control of Great Britain until 1960 when they gained independence. In 1999 Nigeria returned to a democratic form of government which has worked well for them until just recently when security concerns began to arise due to the presence of the radical Islamist sect, Boko Haram. Nigeria has the continent’s largest population with 173.6 million people and the largest economy as well. Although Nigeria’s economy is the largest in Africa, 61 percent of the residents are reported to survive on less than $1.00 per day with corruption within the government being the main reason for poverty. Nigeria is also the largest oil producer in Africa and the 10th largest oil producer in the world and as of 2009, the Nigerian film industry was the second largest movie producer in the world. When looking at economic freedom, Nigeria is ranked 120th in the world and 22nd in the Sub-Saharan Africa region and has an Economic Freedom Score of 55.6. The labor force of Nigeria is roughly 54.2 million or 56.1 percent of the population and the unemployment rate is 8%. Nigeria has experienced strong economic growth averaging 6.5 percent within the past ten years and inflation has decreased in recent years to the rate of 8 percent. It is my goal to explore unemployment in Nigeria, the reason for its strong economic growth as well as the improvement and decline in...
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...Descriptive research 8 Causal research 9 Determine information types and sources 9 Figure out the ways to access the data 10 Design data collection instruments 11 Determine sample size and protocol 12 Final steps: 13 Collect Data 13 Analyze data 13 Prepare report 13 Final words: 13 Introduction The Assignment: The purpose of this paper is to find out how to investigate and answer the following question: Should ABN AMROenter the African market?ABN AMRO wants to enter the African market through Nigeria, but they believe that there might be some negative points and possible setbacks in Nigeria. On the other hand,ABN AMRO believes that Nigeria might offer great opportunities within its market where political forces regulate the flow of money in order to generate economic growth. If the results of the research are positive and ABN AMRO should enter the African market, the following sub-question should be asked as well: Should the focus of ABN AMRO in Nigeria be on either investment banking or usual multi-purpose banking? History of ABN AMRO ABN AMRO was founded in The Netherlands in the year 1991 as a result of a merger of the banks ABN and AMRO. ABN AMRO had a strong position in The Netherlands and their ambition to expand on international level was great. A quick overview of the important events of ABN AMRO’s history: - 1992: Overtake of the British...
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...Malaria is the leading death, illness, and poor growth in developing countries of Sub-Saharan Africa. Malaria is a parasitic disease spreading through mosquito bites that involve high fevers, flu-like symptoms, and death. The World Health Organization (2012) reported over a million deaths are attributable to Malaria and 90% of all deaths caused by the disease occur in sub-Sahara Africa. According to the 2012 report from the World Health Organization (WHO), an estimation of 600,000 deaths occurs every year in Sub Sahara Africa, in which a child dies each minute. These young victims are mostly children under five years of age. Many techniques have been put into place to help eradicate the disease, but a lack of well-targeted education systems, which is one of the most effective tools, remains a serious challenge in Sub-Saharan Africa Despite the availability of such many strategies, there is a need to propose a new study that will outline how we can make significant difference in the education systems by the way we use Mobile Technology. Summary To ensure the management, and control of the disease, the data collection will help determine if the disease has a direct correlation to the level of social education, to the lack of adequate resources, good governance in the political arena, lack of Health care services or the financial burden from the affected families? In combination with other research, the recommendation provided by this study will help sustain economic and social...
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...S w W11226 ESTIMATING DEMAND IN EMERGING MARKETS FOR KODAK EXPRESS David M. Currie and Ilan Alon wrote this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. Richard Ivey School of Business Foundation prohibits any form of reproduction, storage or transmission without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Richard Ivey School of Business Foundation, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright © 2011, Richard Ivey School of Business Foundation Version: 2011-07-08 Anna Johnson gazed at the information she had accumulated on various countries and wondered how she could use it to estimate the demand for Kodak Express (KE) outlets. She had learned from the Kodak market research department that demand for KE outlets depended on household income. To support one Kodak Express outlet, one of the following was needed: one million households with annual incomes equal to or exceeding the equivalent of US$15,000, two million households earning the equivalent of between US$10,000 and US$14...
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...MANU DISCUSSION & ANSWERS 1. By mid-2009, Burger King was not in any of the following five countries: France, India, Nigeria, Pakistan and South Africa. And comparing these countries as possible future locations for Burger King will be as according to me the first preference will go to the countries that have good amount of Non-Veg consumption in it. As Burger King is known for its Non-Veg products e.g. Beef and Hamburger and other beef products. Which can be famous in all the countries whose people consumes the beef and Non-Veg products most. And where there is a good amount of youth too. Cause. France, Pakistan and South Africa will be the good and vast market for any country to Penetrate into it and get their business going well and expand their business as well as Get the best returns on it. As these are the countries with the large population and with big population of youth to who consumes Junk Food the most. In India they will have lesser chance to grow their business although there is a vast market for any company can’t resist to get in to it. But Burger King is Knows for the Non-Veg product and India’s most of the population consumes Veg products more. So in India there will be a large market but lesser chances to expand their business and getting successful they cannot get the success in India without changing their uniqueness. Nigeria is not a Large and vast market to get into as there are not more population and lesser ratio of youth people So, According...
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...DESTINATION REPORT TOWNSHIP TOURISM IN CAPE TOWN SOUTH AFRICA BY XENIA FONG BSc (Hons) International hospitality Management TOURISM PLANNING, DEVELOPMENT & MANAGEMENT CW2 NOVEMBER 2015 word count: 2714 TABLE OF CONTENT EXECUTIVE SUMMARY 3 1. INTRODUCTION 4 2. TOURISM DEVELOPMENT AND PLANNING IN NATIONAL 4 2.1 BEFORE 2000s 4 2.2 FROM 2000s-2010s 5 2.3 AFTER 2010s 6 3. TOWNSHIP TOURISM 7 3.1 TOWNSHIP TOURISM IN SOUTH AFRICA 7 3.2 TOWNSHIP TOURISM IN CAPE TOWN 8 4. CONCLUSION AND RECOMMENDATION 10 5. REFERENCE 11 6. APPENDICES 13 6.1 ANNUAL VISITOR ARRICALS FOR OVERSEAS MARKETS COMPARED TO AFRICA 13 6.2 THE NATIONAL RESPONSIBLE TOURISM STRATEGY IN RELATION TO THE NTSS (2011) 13 6.3 THE VALUE CHAIN OF SOUTH AFRICAN TOURISM SECTOR 14 6.4 ATTRACTIONS OF LANDMARKS VISITED BY TOURIST IN SOUTH AFRICA 15 6.5 KEY ELEMENTS OF THE TOURISM PRODUCTS IN SUPPLIER SIDE 15 EXECUTIVE SUMMARY This report indicates and evaluates the tourism planning, strategies and challenges of South Arica in national and township tourism in the case of Cape Town. Tourism industry is one of the economic pillars for South Africa. The tourism framework in these two decades were moderated according to the White Paper on Tourism published in 1996. The most important principal, responsible tourism, to sustain the long-term strategy and development planning until current was suggested in the White Paper. Township tourism was considered...
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...Resources abound in africa but how to manage them well to take advantage of absolute and comparatives cost ADVANTAGES is the problem. Introduction Africa is endowed with a rich diversity of environmental resources. Some of these are geographical, terrestrial, aquatic and country-specific resources while others transcend national boundaries of two or more countries within the region or continent. Since World War II, Africans have embarked on the massive utilisation of their environmental resources for improving their quality of life and that of their global business partners (Frobel et al. 1988; French 2000). In spite of the abundance of these resources, local communities, predominantly smallholder farmers and pastoralists, whose production systems are based on Traditional Environmental Knowledge Systems (TEKS), are now unable to meet their basic needs, sustain environmental productivity and even have an equitable share of the global wealth (ADALCO 1990). The predominance of international trade over local needs fostered, among other things, specialisation in spatial production and exchange of goods and services on a global scale, what evolved today as theories of Absolute and Comparative Advantage. Consequently, it is evident that in some geographical areas, natural resources are still sustainably utilised, while in others there is evidence of environmental degradation or inefficient utiliatization (Stebbing 1935; Timberlake 1985; Blaikie 1989; Juma and Ford 1992; Rugumamu...
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...DISCUSSION & ANSWERS 1. By mid-2009, Burger King was not in any of the following five countries: France, India, Nigeria, Pakistan and South Africa . And comparing these countries as possible future locations for Burger King will be as according to me the first preference will go to the countries that have good amount of Non-Veg consumption in it. As Burger King is known for its Non-Veg products e.g. Beef and Hamburger and other beef products. Which can be famous in all the countries whose people consumes the beef and Non-Veg products most. And where there is a good amount of youth too. Cause. France, Pakistan and South Africa will be the good and vast market for any country to Penetrate into it and get their business going well and expand their business as well as Get the best returns on it. As these are the countries with the large population and with big population of youth to who consumes Junk Food the most. In India they will have lesser chance to grow their business although there is a vast market for any company can’t resist to get in to it. But Burger King is Knows for the Non-Veg product and India’s most of the population consumes Veg products more. So in India there will be a large market but lesser chances to expand their business and getting successful they cannot get the success in India without changing their uniqueness. Nigeria is not a Large and vast market to get into as there are not more population and lesser ratio of youth people So...
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...Area -1,220,813 sq km Neighbours-Namibia in the northwest, Zimbabwe and Botswana in the north, and Mozambique and Swaziland in the northeast Caiptal -Pretoria (administrative); Cape Town (legislative); Bloemfontein (judicial) 1 Natural Resources Only 12 % of South Africa’s land area is cultivated 8 % is forested South Africa is the world’s largest producer of gold, Witwatersrand Gold is mined to depths below (10,000 ft) Diamonds are another important source of South Africa’s mineral wealth. diamond fields are located in the Kimberley area of Northern Cape. South Africa also has large reserves of chromite, vanadium, andalusite, manganese, platinum, nickel, and fluorite Cape of Good hope from cape point Climate South Africa enjoys a generally warm, temperate climate. Most of the country experiences light rainfall and long hours of sunshine Gamskapoortdam, dry lands, Little Karoo De Beers diamond mines, Kimberley Table Mountain, South Africa 2 Natural RegionsHighest peak-Njesuthi, a peak of the Drakensberg(11,306 ft). The plateau region – The High Veld (southern continuation of the great African plateau that stretches north to the Sahara. The Middle Veld The Bush Veld. Rivers and Lakes- Orange, Vaal, and Limpopo. The Orange is the longest, stretching about 2,100 km (about 1,300 mi). Washing sand for diamonds on the banks of the Vaal River orange river Baobab Tree, Limpopo, Musina 3 ...
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...disadvantages of using the GNP to measure the health of the Kenya economy. The advantages of using GNP to measure the economy of Kenya are that GNP is not subjective so you can evaluate Kenya’s economic performance scientifically and without bias. It is easier to measure than other things- such as output per worker which would be a nightmare to collate for all the different jobs in an economy. GNP is universal. You can use it to examine all economies of the world, from Kenya to the United States. This measure is especially helpful considering how different economies around the world are in terms of the goods and services they produce, and the way they reinvest their income, pay back debts or invest in industry sectors. GNP helps in comparing Kenya’s economic performance with the other countries in the communities of nations or in...
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...Moving Consumer Goods: IN AFRICA NAME: DENATA BALYAGATI STUDENT NO: 213570712 INTRODUCTION This paper aims at firstly creating an overview of what constitutes as a fast moving consumer goods industry, from which we conduct an analysis for such goods within the African continent in attribution to Unilever; one of the leading fast moving consumer goods companies. Fast moving consumer goods (FMCG) also known as consumer packaged goods (CPG) form one of the biggest industries in the world, there are many facts for this; 1.) Strong companies are behind this industry, they gain dominance through the big brands they establish i.e. products that are recognised and preferred by consumers 2.) The FMCG industry is characterised by fast changes and evolution, this is evident in the pace at which products move in the shelves of retail shops and innovative changes in products themselves 3.) The resilience of the FMCG industry during the recession whilst other company’s weathered is because consumers still need their products for their daily activities 4.) The FMCG industry is focused with offering what consumers want and need these are demands that can never be fully fulfilled because of changing preferences. This guarantees business. (Reckitt Benckiser Group plc, 2015) The rise in the presence of FMCG companies in Africa can be attributed to the fact that nine of the 20 fast growing economies are from the African continent; Mozambique, Zambia, Nigeria to mention but a few. Despite...
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...Foreign direct investment in least developed countries (LCD’S): Some 850 million people, or 12 per cent of the world’s population, live in the 48 least developed countries (LDCs). These countries are the world’s poorest, with per capita GDP under $1,086,and with low levels of capital, human assets, exports and technological development. The Programme of Action of the Least Developed Countries for the Decade 2001-2010 adopted at the Third United Nations Conference of the Least Developed Countries in 2001 in Brussels stated that foreign direct investment (FDI) was an important source of capital formation, know-how, employment generation and trade opportunities for LDCs and called for accelerating FDI inflows into these countries. Since 2001, both LDC governments and their development partners have indeed pursued proactive FDI promotion policies. Although there was an abrupt interruption of the secular trend in 2009, FDI flows to LDCs grew at an annual rate of 15 per cent during 2001-2010 as a whole to reach an estimated $24 billion by 2010, compared with $7.1 billion in 2001, and their share in global FDI flows rose from 0.9 per cent to over 2 per cent. The Brussels Declaration contained 30 international development goals for LDCs, including the attainment of an investment to GDP ratio of 25 per cent and an annual GDP growth rate of at least 7 per cent in order to achieve sustainable development and poverty reduction in LDCs. The Brussels goal of 7 per cent growth is being...
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...company of the world. It is present in over 50 countries all over the globe. The company is dominantly present in Africa and Latin America with increasing market share every year. Although Bajaj already exporting their product in Nigeria, but we think that they should plan to establish a manufacturing plant in that country. Pro’s and Con’s of entering the market ➢ The two wheeler market runs on high economies of scale. So it is very essential to capture the mass target market. Else, huge loss may occur. ➢ The need for technical expertise is high. ➢ Owning a strong distribution network is important and is very costly. ➢ Suppliers of auto components are fragmented and are extremely critical for this industry since most of the component work will be outsourced. Proper supply chain management is a costly yet a critical need. ➢ The industry rivalry is extremely high with any product being matched in a few months by competitor. This instinct of the industry is primarily driven by the technical capabilities acquired over years of gestation under the technical collaboration with international players. As Bajaj, along with its competitors, such as Hero Honda, TVS, Yamaha, are active at multipoint competitions; it is likely for the competitors to enter if Bajaj is successful at Nigeria. ➢ Petrol prices are always fluctuating in Nigeria. But with the recent change in the policy to reduce the subsidy, the prices of petrol will remain constant at the...
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...ATPC African Trade Policy Centre Work in Progress No. 77 ATPC Economic Commission for Africa The Impact of Chinese Investment and Trade on Nigeria Economic Growth 2009 Djeri-wake Nabine Abstract This paper examines the impact of Chinese foreign direct investment and bilateral trade with Nigeria economic growth. The study use an augmented aggregate production function (APF) growth model, three methods are performed to test the hypothesis that there is no causal relationship between foreign direct investment, exports, imports and economic growth. The statistical methods used are: the Ordinary Least Squares Method (OLS) and the Granger causality test. Using time-series and panel data from 1990 to 2007, The estimated both short and long-run analysis for Nigeria-China relationship shows that in short term the bilateral trade doesn’t contribute to Nigeria economic growth but the long term relationship can enhance Nigeria economic growth; it should then be the policy priority for Nigeria to make sure that FDI inflows from China and its trade relationship with China exert the reinforcing and beneficial effects on GDP and exports through active acquisition of advanced technology and open trade regime. A - CEA EC E ATPC is a project of the Economic Commission for Africa with financial support of the Canadian International Development Agency (CIDA) Material from this publication may be freely quoted or reprinted. Acknowledgement is requested...
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