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African Development Report 2008-2009
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The Report, prepared by African Development Bank (AfDB) experts focuses on conflict resolution peace and reconstruction in Africa.
It also examines the economic and social cost of conflicts across the continent and provides cogent suggestions on how to resolve them peacefully and open the way for reconstruction.
Posted:
13 May 2009
Tunis,-Tunisia
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AfDB pledge for financial crisis
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As the recession deepens in the West, the largest multilateral investors and lenders in Africa have pledged to provide at least an additional US$15 billion to promote trade, strengthen the financial sector, and increase lending for infrastructure, agribusiness and small and medium enterprises in the region affected by the global economic slowdown.
Posted:
13 May 2009
Tunis,-Tunisia
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Fighting in Mogadishu
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Thousands of people have fled five days of fighting between government troops and insurgents in the Somali capital, Mogadishu.
At least 27,500 people fled their homes in the last 5 days Ali Sheikh Yassin, deputy chairman of the Mogadishu-based Elman Human Rights Organisation (EHRO) said.
Posted:
13 May 2009
Mogadishu,-Somalia
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EFCC’s fight against graft
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A N6 billion rural electrification project being investigated by Nigeria’s EFCC (Economic and Financial Crimes Commission has now resulted in three senior House of Representatives members being detained as further investigations are carried out.
Posted:
13 May 2009
Abuja,-Nigeria
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Zuma names his finance minister
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South Africa’s President Jacob Zuma has named Pravin Gordhan as the country’s new finance minister.
A commissioner of SARS (South African Revenue Service since 1999, Zuma has used one of his two legally allowed appointments of non-MPs to his cabinet.
Posted:
13 May 2009
Johannesburg,-South Africa
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Procurement and Africa’s economic growth
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Former South African Minister of Public Enterprises, Alexander Erwin speaking at the African Development Bank’s annual meetings in Senegal has stated that growth and development will be much enhanced if African countries adopt a policy on procurement and this will enhance growth and development on the continent.
Posted:
13 May 2009
Johannesburg,-South Africa
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| May 2009 |
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Zuma and the ANC's overwhelming election victory
Jacob Zuma, (inset) the fourth post-apartheid president of South Africa has won a resounding victory at the polls. Zuma achieved his position as party leader of the ruling African National Congress (ANC) after a bruising drawn-out struggle between him and former president Thabo Mbeki. This power struggle split the ANC and the country and also spilled over into state institutions, testing their independence and democratic credentials: suddenly, it mattered whether key staff in some state bodies and institutions were Mbeki or Zuma sympathisers. There are casualties on both sides and there may be scores to settle, but Zuma, a flamboyant polarising figure must now repair this damage. He will need all his political skills to unite his country and the ANC.
Photo credit: Dennis Farrell: AP
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