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Category Economy

Importation of Indian gari, the Nigerian paradox

Reports of imported gari packaged as “Ïndian gari” displayed and sold to the public in a Lagos supermarket, came as a rude shock and complete surprise to millions of Nigerians. Previously, it was unimaginable that Nigeria could ever get to the point of importing gari, a popular West African staple food made from cassava tubers.

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Guinea: By the light of the arrivals gate

Feb7

For more than a decade, night-time arrivals at Gbessia International Airport in Conakry, Guinea, were greeted by dozens and sometimes hundreds of secondary school students studying in the parking lot. A foreign visitor’s bemusement would quickly evaporate, however, as they noticed that beyond the bright lights of the partially French-owned and operated airport, block after block of the city of two million people was completely dark.

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Poor nations’ economies grow with rising deforestation

Poor countries’ economic growth increases with deforestation rates but the effect disappears in wealthier economies, a study says. According to researchers, climatic factors and inadequate data make it difficult to establish the link between economic development and overexploitation of natural resources. But using satellite data, researchers were able to assess the link between deforestation rates and economic factors across countries.

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Why Kenya Must Create a Million New Jobs Annually

Nairobi – It is estimated that 3000 Kenyans are born every day, a million a year. With a median age of 18 years, Kenya is witnessing a massive youth bulge, which could either be a demographic dividend, or a disaster. Consider this. In 1956, Kenya’s population stood at about 7 million, twice that of Norway.

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CTA Brussels Briefings on Regional Trade in Africa

Brussels – The CTA, in partnership with the the EU Commission, the EU Presidency, the ACP Group of States, Concord, and other partners will organise the next Brussels Development Briefing on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities”. This 47th edition of the Brussels Briefings will take place on 3rd February 2017 at ACP Secretariat headquarters.

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Decades-Old U.S. Sanctions on Sudan Lifted

United Nations – Among his final actions, President Obama lifted U.S. sanctions against Sudan, a move welcomed by some. On January 13, the Obama administration announced its change to the 20-year old policy, stating that it is “easing” comprehensive unilateral sanctions on Sudan.

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