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Jared Diamond argues in Guns, Germs, and Steel that Africa has always been poor due to a number of ecological factors affecting historical development. These factors include low population density, the tsetse fly, malaria, lack of navigable rivers, and the north–south orientation of Africa's geography. [97]
The province's strategic location plays an important role in the growth of the local energy industry. With 32.2% of all West Africa's and 23.7% of all Middle Eastern oil produced in these regions being transported around the Cape of Good Hope.
In economics, the economics of location is the study of strategies used by firms and retails in a monopolistically competitive environment in determining where to locate. [1] Unlike a product differentiation strategy, where firms make their products different in order to attract customers, an economics of location strategy is consistent with ...
Countries in Africa are sorted according to data from the International Monetary Fund. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. [2]
Due to Nigeria's location in the centre of Africa, transport plays a major role in the national service sector. The Buhari administration made improvements to the infrastructure after 2015. Extensive road repairs and new construction have been carried out gradually as states in particular spend their share of increased government allocations.
The demand for jobs is expected to increase to 24.6 million annually in Sub-Saharan Africa and 4.3 million in North Africa by 2030, representing two thirds of global growth in demand for jobs. [1] [2] Youth unemployment has been the trigger for uprisings, notably in North Africa, and has led to social and security instability. [1]
Location theory has become an integral part of economic geography, regional science, and spatial economics. Location theory addresses questions of what economic activities are located where and why. Location theory or microeconomic theory generally assumes that agents act in their own self-interest. Firms thus choose locations that maximize ...
Category: Industry in Africa by country. 10 languages. ... Industry in the Democratic Republic of the Congo (5 C) Industry in the Republic of the Congo (5 C) D.