ABSTRACT Since its inception, the performance of the ECOWAS regional integration in terms of economic growth has not been encouraging. Numerous reforms were implemented to enhance the level of integration in the region including the revision of the ECOWAS of 1993. This study aims to examine the effect of the regional integration on economic growth, and, particularly, the effect of the revised treaty of 1993 on economic growth in the ECOWAS. We estimate a standard growth model using a panel da...
This study investigated the potential role of corruption and democracy in the expenditure-economic growth nexus. Economic literature predicts economic growth-enhancing activities of various core functions of government. However, excess government expenditure, in corrupt and undemocratic countries, may slow down the overall performance of the economy through rent-seeking activities, ineffectiveness and engaging in unproductive projects. The research objective is to analyze the role of democrac...
Abstract: On 7th July 2000, the East African Community Treaty entered into force. Inherent in the Treaty was a call for the contracting member states to establish among themselves certain frameworks that were deemed necessary pre-requisites to boosting the much-desired intra-regional trade. Among these necessary pre-requisites was the Common Market Protocol (CMP), which came into force on 1st July 2010. Almost a decade since its establishment, there is lack of targeted literature comparing t...
ABSTRACT Generally mining has proven to be a driving force in the economies of countries around the world and has been behind the history and development of South Africa, Africa’s most advanced and richest economies; and according to the Mineral Marketing Corporation of Zimbabwe, it contributes 8% to Zimbabwe’s Gross Domestic Product. However, the sector has grossly been encroached mainly by illegal ...
ABSTRACT Fish feed protein ingredients are the most expensive and often unavailable in subSaharan Africa especially in commercial aquaculture systems. The major fish feed protein ingredient in fish farming in Kenya is fishmeal (FM) that is often times expensive and adulterated leading to low productivity of fish farming. This problem has necessitated a need for exploring alternative less expensive and easily available protein sources such as black soldier fly larvae (BSFL). This study aimed...
Abstract: Fish feed protein ingredients are the most expensive and often unavailable in subSaharan Africa especially in commercial aquaculture systems. The major fish feed protein ingredient in fish farming in Kenya is fishmeal (FM) that is often times expensive and adulterated leading to low productivity of fish farming. This problem has necessitated a need for exploring alternative less expensive and easily available protein sources such as black soldier fly larvae (BSFL). This study aimed...
Abstract: The main objective of this study was examined the impact of presidential term limit extension on liberal democracy in Africa. Majority of citizens from most Africa states oppose term limit extension, yet during referendums the same citizen approve this term extensions. This study adopted a mixed methodological approach by utilizing both qualitative and quantitative research design method. Secondary data was used in this study. Data was extracted from previous studies on presidentia...
INTRODUCTION Through out history, hunting and gathering has been man’s major occupational activity, and later man began to think of how to produce food, rear livestock as well as engaging in commercial activities. However, food production and rearing of animal in most developing countries is done largely at subsistence level. Agricultural activities such as food production, rearing of animals as well as commercial activities is the mainstay of the economy of the most developing countries. ...
The promotion of regional integration in Africa has been on the agenda of the Economic Commission for Africa (ECA) since its inception in 1958. In spite of the activities and programmes adopted by the ECA to further this agenda on the continent, achieving greater integration has proved elusive and most of the regional integration arrangements on the continent have not achieved the expected results. Some of the programmes of the ECA have achieved limited success whilst others have failed ...
ABSTRACT The significance of foreign capital inflows to West Africa cannot be underestimated, more so when almost all the countries in the sub-region are virtually aid-dependent. One way to access this muchneeded resource can be through Foreign Direct Investment (FDI). This rationalization has ignited a stiff competition for FDI among nations, sub-region and regions. However, FDI inflows to West Africa have been dwindling over the years, which may impede efforts to achieve the Sustainable Dev...
Abstract Having a stable and high level of economic growth within a country is associated with numerous benefits to the citizens. In developing countries such as Kenya, the rate of economic growth has been low and always below the projected rate each year. In developed countries such as Germany, Japan, and Iceland, development in the real estate sector and investment in human capital have been identified as probable boosters of economic growth. In Kenya, many of the studies done to investiga...
Abstract Over time there has been mixed and controversial evidence in the literature regarding the relationship between population growth and economic growth and development. This study is an empirical analysis of economic growth and population growth in Nigeria, some writers have found a positive relationship between the two variables, others noticed a negative relationship, and some examined little to no correlation between the two variables. The purpose of this research paper is to observe...
Abstract: Many have discussed Africa's food security crisis for decades but little has been done to change the state of affairs. Discussions concerning genetically engineered agricultural crops, otherwise known as genetically modified organisms (GMOs) have emerged after the green revolution that has been witnessed in parts of Asia and Latin America. This new technology has come with a lot of controversy upon which this paper seeks to shed some light. The purpose of this study was to investig...
Abstract: The growth rate for the Botswana economy has slowed down in recent years. This has been explained by weak global demand in minerals, subdued commodity prices and persistent electricity supply problems. The government is making efforts to diversify the economy to tap from other sources of growth. The government has come with two initiatives to boast growth: increasing expenditure on roads and improved generation of electricity. Literature has failed to agree on the causal linkage be...
ABSTRACT This study evaluates the relationship between exchange rate fluctuations and its impact on the Nigerian economic growth. This study made use of secondary annual data from the Central Bank of Nigeria (CBN)’s statistical bulletin & publications from the National Bureau of statistics (NBS). This study adopted the classical least regression model and ordinary least square method (OLS) to analyze the data. This study has been able to demonstrate that exchange rate fluctuations is pivota...