Addis-Ababa, Ethiopia, 28 March 2012- The key development challenges facing Africa are the issues of project financing and the sustainability of such financing.
Speaking at the Colloquium on 10 Years of NEPAD, Erastus Mwencha Deputy Chairperson of the African Union Commission (AUC) said this in the context of crisis that these issues affect all development institutions.
The New Partnership For Africa’s Development (NEPAD),sensitization workshop for African Media Practitioners is underway in the capital city of Ethiopia, with a call on journalists. To be in forefront of promoting the continent’s development agenda particularly as it relates to agriculture.
It seems that with the publication of a World Health Organisation-International Centre for Trade and Development report in December 2011, the long debate on the value of lower income countries manufacturing pharmaceuticals is converging on a conclusion: that local production is a key strategy if sustainable, predictable and equitable access to medicines is to be achieved.
The graphic illustrates the two sides of the current food crisis: the nations who are in desperate need of food and the large amounts of food wasted by nations who have the most to spare.
The world is seized by finding the next clean source of energy. W hi le algae-based bio-fuel has captured the interest of small entrepreneurs and tech-savvy start-ups, it has also garnered the focused attention of the U.S. National Aviation and Space Agency - NASA, and global investment companies such as Goldman Sacs. Yet, Zanzibari women who have been cultivating algae for almost twenty years, and he Zanzibari government which knows the return on the investment, do not seem interested in cultivating algae-based bio-fuel.
As I write, the humanitarian crisis in the Horn of Africa continues to worsen. Figures from the UN’s Office of the Coordination of Humanitarian Affairs (OCHA) show that the number of people affected by food shortages in Somalia, Ethiopia, Kenya and Djibouti has escalated from 10 million to 12.4 million. About 2.3 million of the region's children are acutely malnourished and the UN Children's Fund says more than half a million of them are at risk of death without urgent intervention.