africa

July 1, 2013

Mr Obama visited the country’s Ubungo power station as part of his “Power Africa” initiative, unveiled in Cape Town on June 30th, which aims to double access to electricity in sub-Saharan Africa. The Norwegian-built gas plant is the kind of public-private investment that America is seeking to encourage in Africa, where two-thirds of people have no access to power.

Ethiopia, however, is not the sole recipient of aid, loans or developmental assistance from China. The country is fourth on a long list - behind Ghana, Nigeria and Sudan - among the top African beneficiaries of Chinese largesse. Since 2002, China has invested an estimated $75bn on the continent, hot on the heels of the United States, which invested $90bn during the same period. The US might still hold the edge over China on investment, but the Chinese replaced the US as Africa's biggest trade partner in 2009.

More specifically, it is a glimpse at how urban centers led by Lagos, Africa's biggest city, are positioning themselves to accomplish what any number of rebel groups and secessionists movements have failed to achieve since the continent's independence era commenced in the late 1950s: redraw a remarkably static political map of Africa, imposed by European imperialists over a century ago.

Heads of State and Government of African Union Member States, together with representatives of international organizations, civil society organizations, private sector, cooperatives, farmers, youths, academia and other partners have unanimously adopted a Declaration to end hunger in Africa by 2025.

When we assist developing nations, we not only help improve the lives of their own citizens, but also the business environments for private-sector global investment. Our smart investments spur economic reform, advance the rule of law and improve governance to give our businesses the solid footing needed to move into Africa and grow.

A new vista will be opened in the country’s culture and tourism annals on Thursday when ‘Fascinating Nigeria’, the nation’s new brand identity is launched in Abuja. Nigeria, Africa’s most populous nation is blessed with a rich culture, the main driver of tourism. From north to south, east to west, Nigeria is a study in cultural diversity that sadly, has not been properly harnessed over time to generate money and create jobs.

South Africa’s position in the Global Competitiveness Index has remained virtually stagnant in the bottom third out of 144 countries. The ranking of our micro-economic environment has deteriorated from 43rd to 69th and of our Labour Market Efficiency from 97th to 113th. Our higher education ranking has deteriorated from 75th to 84th – not surprisingly, as the threshold to exit high school is an embarrassing 30 percent.

The Australian High Commission has given support to Bran Nue Dae, a musical comedy to feature in the Inaugural Accra International Film Festival to share the values of forgiveness and reconciliation with its Ghanaian counterparts. A statement signed by Mr Walter Kudzodzi, Public Affairs Officer at the High Commission, copied to Ghana News Agency on Friday, said: “Bran Nue Dae is a coming-of-age musical comedy that celebrates family, forgiveness and reconciliation, set against the spectacularly beautiful Australian landscape”.

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