Former British Prime Minister, Gordon Brown has launched an international campaign for urgent action to address the education crisis in Africa’s newest nation. Mr. Brown is calling on the World Bank, Global Partnership for Education (GPE) and other international organisations to educate the children of South Sudan, particularly in light of the country’s ongoing fragility. [...]
Written on April 18, 2012 | Posted in
Health and Education,
Latest News
The theft of public funds from developing African nations is an immense problem, but given the concealed nature of such practices is often very difficult to qualify. It is a problem which encompasses a number of financial arenas, including the acceptance of bribes, exploitation of tax payer’s funds, tax leakage, inflation of the value of [...]
A new joint report by the International Finance Corporation (IFC) and the World Bank was released today, measuring business regulations in 183 worldwide economies. Doing Business in a More Transparent World 2012 is a sage look at economic global developments, and revealed that a number of countries across the African continent are emerging business environments. [...]
When UK Prime Minister David Cameron pledged last week to increase foreign aid by a considerable 34%, the announcement was met with widespread concern even from members of his own party. At a time of austerity and severe national cuts, does it make economic sense to drive so much money into foreign development- especially when [...]
It is no secret that global food prices are rising drastically. But, when combined with continued volatility the poorest people in the developing world will be at continued risk, according to the World Bank Group’s Food Price Watch. High food prices have worsened the crisis in the Horn of Africa together with prolonged droughts, especially [...]
The country is to receive US$ 42 million in support to the agricultural sector which could potentially benefit more than 200,000 farmers. The assistance is provided by the World Bank and the Government of Japan and is meant to boost agriculture production and the sales of agricultural produce. The support for two major projects it [...]
The International Finance Corporation, part of the World Bank Group, has produced a business report on what will soon become Africa’s newest country, South Sudan. When South Sudan is officially recognised as its own entity on 9th of July – following January’s decision vote to secede from the north of the country – it will [...]
More private investment in the energy sector in West Africa is needed if the region is to achieve energy security and achieve climate objectives. The choice facing West Africa, as in the case of the rest of sub-Saharan Africa, with regard to energy is stark. If the region is to speed up its development, it [...]
As independence approached in 1961 Ron Fennell was a young British colonial servant working in Sierra Leone. He, and his wife Liz, knew the country well having served in several districts and provincial capitals – Moyamba, Pujehun, Bo, Kenema, Kono, Kailahun and Makeni, and he was fluent in two of Sierra Leone’s main languages – [...]
Written on April 18, 2011 | Posted in
Analysis,
Headline
An institutional financial company, Renaissance Capital, believes the country is succeeding in its bid to become the ‘Singapore of Africa.’ They believe the country has thrived off being politically stable and adopting a zero tolerance policy to corruption. And it is the world’s best reformer according to the World Bank’s ‘10 Doing Business survey. This [...]
Written on April 14, 2011 | Posted in
Latest News,
Markets
