Africa’s Poor Innovation Record

Whatapp News

 




The world’s top 10 innovations according to a 2013 report Cornell University, INSEAD, and the World Intellectual Property Organization  are Switzerland, United Kingdom, Sweden, Finland, Netherlands, USA, Singapore, Denmark, Luxembourg and Hong Kong.
Regionally, Mauritius and Seychelles beat South Africa on the African continent. Regional winner, Mauritius, achieved 40th globally and has shown an impressive improvement of 13 places from 53rd in 2013.
Sub-Saharan Africa’s performance on the GII: Sub-Saharan Africa accounts for almost 50 percent of countries with the status of “innovation learner”. [eap_ad_2]
The global economy, given the rife sovereign and domestic challenges still in the Arab countries, the Russia, Europe and US sanctions – impact on trade, China’s cost of deadly pollution, the increase in natural disasters around the world and the impact on insurance costs and the total cost of wars – not to mention the cost of repairing post war infrastructure will all impact the MDG’s.
We have yet to include the ongoing corruption and cost of outflows through illegal deals into tax havens. All in all, Africa continues to lose more than what it makes – in what it recognized as – Africa’s now or never moment in time.  (VENTURES AFRICA)[eap_ad_3]
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