Category: Development
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Ethiopia makes strides in clean water access, reaching nearly 70% coverage
This was announced by the minister of water and energy during a review of his ministry’s performance in the past fiscal year and plans for the current budget year. The minister highlighted the successful implementation of various initiatives, particularly in water management, drinking water and sanitation, and energy development. “This year, over 4 million people…
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Africa’s Farming Superpower: A Closer Look at Nigeria
Africa, with its diverse ecosystems and abundant natural resources, holds immense agricultural potential. Among its many nations, Nigeria stands out as a burgeoning farming superpower. The West African country is leveraging its vast arable land, favorable climate, and strategic initiatives to emerge as a key player in the continent’s agricultural landscape. Agricultural Potential and Resources…
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Reprogram African minds, you say, huh?
The statement by Joseph Borrell at the NATO Public Forum highlights a significant geopolitical sentiment in Africa, where support for Russia and President Vladimir Putin is evident. According to Borrell, many Africans believe that Putin’s actions in Donbass are commendable and hope for similar intervention in Africa. This perspective reflects a complex interplay of political,…
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IMF slashes Botswana’s 2024 growth forecast amid diamond market woes
The International Monetary Fund (IMF) has slashed Botswana’s 2024 growth forecast to 1% from an earlier April estimate of 3.6% due mainly to lower diamond production, it said in a statement. The budget deficit is also expected to widen to 6% from 3.45% due to a fall in mineral revenues, the IMF said, urging the…
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Copper bull market buoyed by aging legacy mines, says analyst
In the copper industry, the cost of capital has been too high to justify the returns for mine investors and is the driving force behind the bull market for the past decade — this is a sentiment shared by analysts at Stifel Financial. “Broadly for larger projects, that’s what I’m seeing in the copper space…
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Intensifying Congo conflict puts 1 mln children at risk of acute malnutrition
More than one million children are at risk from acute malnutrition in Democratic Republic of Congo as rising violence drives up needs among millions of displaced people, the World Health Organization said on Friday. The impact on civilians of the more than two-year conflict between Congolese forces and the Rwanda-backed M23 militia in eastern areas…
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Planning gaps leave Senegal questioning ‘Akon City’
Herds of cows meander across the one-lane highway that leads down Senegal’s coast to Mbodiene, a farming village where singer Akon plans to build a futuristic city. Designs of shiny, pinkish buildings that bend and curve like waves would look at home in any sci-fi movie. Architect Hussein Bakri has carved out space for a…
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Russia and Mozambique discuss activation of cooperation in the power industry
The topic was discussed during a meeting between the head of the Russian Federal Agency for Mineral Resources (Rosnedra) Evgeny Petrov and the Minister of Public Works, Housing and Water Resources of Mozambique Carlos Mesquita. “At the meeting they discussed issues of activating the interaction of the [Russian hydroelectric company] RusHydro Group with the government…
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UK new government has abandoned plans to send illegal migrants to Rwanda, says Prime Minister
Britain’s new Prime Minister, Keir Starmer, confirmed this during his first press conference in Downing Street, stating that the project was doomed to failure. “The Rwanda scheme was dead and buried before it started. It’s never been a deterrent [to the flow of illegals crossing the Channel],” Starmer said. “I’m not prepared to continue with…
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