Conakry

Resilience System


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Economy - Conakry

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This working group is focused on discussions about the economy.

The mission of this working group is to focus on discussions about the economy.

Members

Elhadj Drame mdmcdonald

Email address for group

economy-conakry@m.resiliencesystem.org

China's Mobile Payment Revolution Is Going to Africa

          

BLOOMBERG VIA GETTY IMAGES

huffingtonpost.com - by Claire van den Heever - February 26, 2016

CAPE TOWN, South Africa -- With the launch of Apple Pay in mainland China on Feb. 18, Apple has become the first foreign player to secure a place at the table for China's enormous mobile payment market. . . .

. . . Africa's largest lender by assets, Standard Bank, has opted for a more direct route: joining forces with WeChat to secure a piece of Africa's growing mobile payment market. The Standard Bank-backed WeChat Wallet was launched in November 2015 in the continent's most industrialized nation, South Africa, and gives users access to a variety of the Chinese version's most popular offerings, including peer-to-peer money transfers and in-app payments for taxis and other services.

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Vodafone Launches Mobile Cash Transfer System in Ghana Where 15M People Do Not Have a Bank Account

             

Moving money: The service, called M-Pesa, will be branded Vodafone Cash in the West African state

thisismoney.co.uk - by City & Finance Reporter for the Daily Mail - December 7, 2015

Vodafone has launched its mobile cash transfer system in Ghana where 15m people do not have a bank account.

The service, called M-Pesa, will be branded Vodafone Cash in the West African state. It allows mobile phone users to load money on to their phones, just as pay-as-you-go customers can top up their credit. 

They can send the funds anywhere in the country with a text message. Recipients can pick up the cash at shops that offer the service.

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Guinea's president on global aid push: 'Ebola forced us to change completely'

After the international community pledged $3.4bn for West Africa, Alpha Condé is cautiously optimistic and taking stock of lessons learned

Guinean president Alpha Conde speaks to UN members during an International Ebola Recovery Conference on 10 July. Photograph: EDUARDO MUNOZ ALVAREZ/AFP/Getty Images

THE GUARDIAN by Raya Jababi                        June 11, 2015
NEW YORK--More than a year after the charity Médecins Sans Frontières sounded the alarm on the Ebolaepidemic that would claim more than 11,000 lives, the international community on Friday pledged $3.4bn to help affected West African countries recover.

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Ebola epidemic is 'wake-up call' for investment in universal healthcare

Investment in universal healthcare: Improving health systems in three Ebola-hit African countries would have cost a third of relief effort there, says new Save the Children report

THE GUARDIAN      by Lisa O'Connell                                                                   March 3, 015
Up to 30 countries are vulnerable to an Ebola-style epidemic, unless the world sits up and helps get urgent investment into universal healthcare, a report (pdf) has found.

Health workers who have returned from west Africa and colleagues based in the UK walk to Westminster in support of Save the Children’s campaign to strengthen health systems globally. Photograph: Jeff Moore/Save the Children

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Thoughts turn to recovery as Ebola slowly ebbs in West Africa

 REUTERS By Daniel Flynn, James Harding Giahyue and Saliou Samb                              Feb. 27, 2015

 DAKAR/MONROVIA/CONAKRY - In the marble atrium of the Mammy Yoko hotel in Freetown, manager Nuno Neves has spotted something he has not seen since the Ebola virus struck Sierra Leone nine months ago: foreign businessmen.

The Radisson Blu chain opened the four-star hotel in April to cater for investors in one of Africa's fastest-growing economies. A month later, Ebola crossed the border from Guinea and those investors fled....

For months, Sierra Leone was cut off from the world amid panic at the worst recorded outbreak of the hemorrhagic fever, which has killed more than 9,500 people in Sierra Leone, Guinea and Liberia and infected over 23,500.

But with infection rates slowly declining, investors have begun to talk about post-Ebola reconstruction. Neves has noted the return of businessmen not seen since the hotel opened.

"They don't bring their teams. They just come to see what is going on and then they leave," he said, adding that 'business as usual' remains far off. "This will be a year focused on Ebola. First the fight to end Ebola and then reconstruction...."

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Doing Business in Africa - A Focus on the Business and Economic Impact of Ebola

kpmg.com

How does Ebola affect business and the economy in Africa?

We are one world; we are affected by the wellbeing of our neighbours and our business partners…
The stories of human suffering coming out of West Africa are staggering. The human cost of this strange disease, immense. The fall-out of the epidemic is not just health-related. It is also economic.

KPMG Africa has collaborated across our healthcare practices in West, East and Sub-Saharan Africa to explore the impact of Ebola, both on the affected countries as well as on the businesses of some of our key clients.
Despite the recent economic growth in these countries, the inherent weaknesses that persist in these healthcare systems have been exposed by the outbreak.

The negative impact of the outbreak on the economies of these countries has less to do with direct costs of dealing with the disease, than the costs of aversion behaviour.

For three countries, Liberia, Sierra Leone and Guinea, just recently able to bask in the rays of political and economic stability, the economic damage is depressing.

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A Brief Guide to This Week’s U.S.-Africa Summit

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Guinea: Poverty Reduction Strategy (2013-2015)

 

On July 2013, the International Monetary Fund leased the poverty reduction strategy (2013-2015) for Guinea. The document is divided into three chapter. The first chapter presents the most recent socio-economic situation, the second, the strategic framework for the alleviation of poverty and the third, the framework for implementation of the strategy. The document elaborated extensivelly among other topics, on health and human security, eduction, as well as climate change. Please click here to read more.

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Conakry sanitation status

 

This report provides a brief assessment of Conakry sanitation status. It shares information about water sources and supply systems, sanitation access, sewage system and treatment, and sanitation in low-income areas. It further describes agencies within the administration in charge of sanitation, as well as outside donors efforts to improve sanitation in Conakry. Please click here to read more.

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