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Capital services differ from capital stocks because short-lived assets such as equipment and software provide more services per unit of stock than long-lived assets such as land. [1] Unlike capital goods, capital services are owned by the person or group of people providing them. [2]
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. [1] A typical example is the machinery used in a factory. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a ...
Ethiopia has one of the fastest-growing economies in the world and is Africa's second most populous country. [29] Many properties owned by the government during the previous regime have now been privatized or are in the process of privatization and the liberalization of its financial sector in the near future. [30]
The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. As of 2019, approximately 1.3 billion people [19] were living in 53 countries in Africa. Africa is a resource-rich continent. [20] [21] Recent growth has been due to growth in sales, commodities, services, and manufacturing. [22]
OHADA (Organization for the Harmonization of Business Law in Africa) is a system of corporate law and implementing institutions adopted by seventeen West and Central African nations in 1993 in Port Louis, Mauritius before it was revised in 2008 in Quebec, Canada.
Relative to the world this group of countries have a very low export level. Tanzania is the country with the greatest exports and it only ranks 96th in the world. Tanzania also boasts a growth rate of 3.3% for their exports. On a global scale, eastern Africa still has a long way to go to become strong influencers in trade.
In political philosophy, the means of production refers to the generally necessary assets and resources that enable a society to engage in production. [1] While the exact resources encompassed in the term may vary, it is widely agreed to include the classical factors of production (land, labour, and capital) as well as the general infrastructure and capital goods necessary to reproduce stable ...
ECP seeks to identify opportunities in sectors that benefit from the long-term structural demographic and economic shifts driving Africa’s growth. [6] [7] ECP focuses on investments in consumer goods, financial services, telecommunications, and infrastructure sectors and has previously invested in rubber and sugar companies, restaurant chains, [8] power and water utilities, [9] banks, [10 ...