Expanding opportunities for people in developing countries is a pressing concern for governments and for the global community. This is because of the fact that nearly half of the world's population lives on less than two dollar a day and one point one billion barely survive on less than one dollar a day. Thus, improving the climate for investment investment in African countries is essential to provide jobs and opportunities for young people and to build a more inclusive, balanced and peaceful world. Consequently, the importance attached to increasing the magnitude and productivity of investment must be underscored. Africa's investment ratio is still not sufficient to replace depreciated physical and human capital, requiring that both domestic and foreign investment be mobilised to effectively achieved sustained economic growth. This paper therefore argues that the dynamics of electronic investment networks in the african context need to be strengthened.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
97.
Find related papers by JEL classification: O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment
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