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How Digital Tools Could Boost Efficiency In African Health Systems

By expanding their use of digital health tools, African health systems could realize up to 15 percent efficiency gains by 2030 and reinvest the savings to improve access and outcomes. The COVID-19 pandemic highlighted the impor­tance of digitalization in supporting access to essential healthcare services in the most remote areas. With the largest disease burden globally […]

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There Is No ‘One Africa’: How The Continent Can Turn Diversity Into Growth And Opportunity

Africa will shortly be home to the world’s largest working age population and a burgeoning consumer class; it’s also rich in natural resources. Despite such human capital and natural resources, Africa’s economic growth and productivity has slowed over the past decade. If nations across the continent deploy their diverse strengths, it could help reimagine Africa’s […]

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Green Energy In Africa Presents Significant Investment Opportunities

Africa has the fastest-growing population in the world, and it is set to double by 2050 to reach more than two billion people. Meeting their needs with cost-efficient, sustainable energy sources will be vital to the continent’s socioeconomic development as well as to achieving the goals of the Paris Agreement. In walking the line between ensuring local […]

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Green Africa: A Growth And Resilience Agenda For The Continent

How the global climate agenda creates opportunities for Africa to build resilience, catalyze sustainable growth, and contribute to the net-zero transition. s a result of its high exposure and vulnerability to climate hazards, a third of the people considered most at risk from climate change in the world live in Africa. More than 900 million […]

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Solving The Climate Finance Equation For Developing Countries

To achieve net-zero emissions by 2050, it will be vital to mobilize sufficient capital to drive decarbonization in developing countries. As climate change indicators continue to break records and global temperatures and extreme weather events advance, the urgency to act to ensure a sustainable future is mounting.1 Achieving the goals of the Paris Agreement will require fundamental […]

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From Capabilities To Sustainable Growth, McKinsey And SHOFCO Deliver Far-Reaching Impact In Kenya

What started as a game of soccer is now an organization with 1,000 employees transforming the lives of millions. In 2004, Kennedy Odede founded SHOFCO (Shining Hope for Communities), an organization that provides essential services and advocates on behalf of communities in an urban slum outside of Nairobi, Kibera—Kennedy’s hometown. But this sprawling grassroots organization began years earlier, as […]

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McKinsey Co-founds Effort To Transform Agriculture and Food Systems in Africa

February 2, 2023 Africa is home to roughly 780 million small-scale farmers, with 70 percent of people relying on agriculture and farming for part of their income. While the African soil is rich, with endowments capable of producing bounties, most farmers struggle economically, consumers spend too much on food, and malnutrition and stunting in children […]

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fintech

Africa’s Fintech Industry is Coming of Age

In the face of political and economic challenges and a global pandemic, fintech on the continent is booming. Here’s what comes next. Between 2020 and 2021, the number of tech start-ups in Africa tripled to around 5,200 companies. Just under half of these are fintechs, which are making it their business to disrupt and augment traditional […]

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Forward Thinking on trade, vaccines, and sustainable and inclusive growth

WTO Director-General Ngozi Okonjo-Iweala The World Trade Organization’s first African—and first female—director-general reflects on the impact of the pandemic on trade, the imperative to ensure that vaccines reach Africa and other emerging economies, and how to ensure that trade is more inclusive in the years ahead. In this episode of the McKinsey Global Institute’s Forward Thinking podcast, guest […]

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Innovate Your Business Model: Fulfilling A Societal Need For Financial Inclusion

James Mwangi, CEO of Kenya-based Equity Bank, built the company with one core purpose in mind: to solve the social problem of lack of access to financial services. ...

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