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Archive February 2012

Bank financing to SMEs in East Africa

Small and medium enterprises (SMEs) play a major role in economic development in Africa. Studies indicate that SMEs contribute on average about three-quarters of total employment in manufacturing, when the informal sector is included.

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EU must stop bio-fuelling injustice and hunger in Africa

The European Union’s biofuel policy continues to threaten food security and increase land grabs in Africa, shows a new report to be presented today in Brussels by the EuropAfrica platform and FIAN, ‘(Bio)fuelling injustice: Europe’s responsibility to counter climate change without provoking land grabbing and compounding food insecurity in Africa’. The report can be downloaded here www.europafrica.info.

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Senegal: vote counting underway

Feb27

Vote counting has began in Senegal’s capital Dakar following presidential elections.

[youtube]http://www.youtube.com/watch?v=IM-hkzGXvGM&feature=youtu.be[/youtube]

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East Africa: How piracy is causing economic mayhem and wrecking businesses

When it comes to businesses, fortunes are always at the mercy of chance. This is the reality Raju Malde, a director at Pwani Oil, one of Kenya’s biggest oil and fats manufacturers, is grappling with. The profitability of his company is facing one of its worst threats with a surge in freight costs as shippers factor in charges arising from piracy on the Indian Ocean.

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South Africa’s biofuel policies: on a road to nowhere


The South African Department of Minerals and Energy (DoE) is holding its final public consultation meetings about the adoption of regulations relating to the mandatory blending of biofuels with petrol and diesel at the end of February. This follows the publication of the draft regulations in September 2011.

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Lybia: Misrata Rebuilds, Slowly

MISRATA – This week more than half the residents eligible to vote in Libya’s embattled coastal city of Misrata cast their ballots for local council representatives in their first democratic election in decades.

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