Bennu: Africa innovating itself out of underdevelopment

Bennu: Africa innovating itself out of underdevelopment

Author: 
Ngara, Shingai
Publisher: 
Adonis & Abbey
Record type: 
Region: 
Journal Title: 
International Journal of African Renaissance Studies : Multi-Inter- and Transdiciplinarity
Source: 
International Journal of African Renaissance Studies, Vol. 6, No. 1, June 2011, pp. 60-77
Abstract: 

The article demonstrates that a different value paradigm is needed. Large numbers of poor people can provide markets for goods that can yield returns for capital that are similar to markets of small numbers of rich people. A shift in the development model from Public Private Partnerships (PPP) to Public Entrepreneur Private Partnerships (PEPP) is suggested to maximise employment through sustainable entrepreneurship. Through spearheaded emerging technologies such as information convergence technologies, cellular technologies such as mobile banking, resource management and alternate energy, Africans can create output that attracts global investment capital ? and not only aid. This article explores how, through investment in activities that generate increasing rather than decreasing returns, Africa will innovate its way out of what appears to be a stubborn history of underdevelopment.

Language: 

CITATION: Ngara, Shingai. Bennu: Africa innovating itself out of underdevelopment . : Adonis & Abbey , . International Journal of African Renaissance Studies, Vol. 6, No. 1, June 2011, pp. 60-77 - Available at: https://library.au.int/bennu-africa-innovating-itself-out-underdevelopment-3