African economies would require more investments in higher education, trade development, and tourism as well as women entrepreneurship if they are to compete favourably with other players in the global economic market place.
A new report, The Africa Competitiveness Report 2011, launched yesterday at the opening of the 14th session of the World Economic Forum (WEF) in Cape Town, South Africa, which contains detailed competitiveness profiles of the 54 countries in the continent, noted that improving the region's economic prospects on a global scale would be difficult without taking care of these key factors.
A new report, The Africa Competitiveness Report 2011, launched yesterday at the opening of the 14th session of the World Economic Forum (WEF) in Cape Town, South Africa, which contains detailed competitiveness profiles of the 54 countries in the continent, noted that improving the region's economic prospects on a global scale would be difficult without taking care of these key factors.