Tag Archives: Development

The continent’s pension funds could lead institutional investors in committing funds to local infrastructure COMMENT | IBRAHIM ASSANE MAYAKI | As the US Federal Reserve embarks on the “great unwinding” of the stimulus program it began nearly a decade ago, emerging economies are growing anxious that a stronger dollar will adversely …

Riyadh, Saudi Arabia | AFP | Saudi Arabia Wednesday announced the consolidation of development funds under a unified body led by Crown Prince Mohammed bin Salman, cementing the powerful prince’s position in the Gulf kingdom’s affairs. The new National Development Fund joins industrial, agricultural and social development funds under a board …

Museveni distances himself from NRM members’ resolution on lifting presidential age limit Kampala, Uganda | GODFREY SSALI |  President Yoweri Museveni has distanced himself from a section of Members of Parliament (MPs) of the ruling National Resistance Movement (NRM) that voted unanimously to table a private members bill in parliament to amend the constitution …

  Lagos, Nigeria | AFP |  Poverty, marginalisation and bad governance are more important factors in the radicalisation of young Africans than religion, according to a new study published on Thursday. The UN came to the conclusion after interviewing 495 former members of organisations such as Nigeria’s Boko Haram, the …

The Country Director for Aga Khan Foundation in Uganda Akim Okuni has urged the government of Uganda to consider partnering with them to effectively deliver government programmes. Okuni was speaking to The Independent on the sidelines of the East Africa Civil Society Initiative for skilling entrepreneurs in Uganda in Kampala on …

To achieve sustainable development, countries have to increase the share of manufacturing COMMENT | LI YONG | Since 2000, Africa has recorded impressive rates of economic growth, owing largely to development assistance and a prolonged commodity boom. While the continent shows great diversity in the socioeconomic trajectories, growth rates have generally …

President Paul Kagame on Sept. 20, while speaking on the sidelines of the UN General Assembly in New York, appealed to fellow leaders to foster inclusive growth and prosperity of all citizens. Kagame was chairing the 3rd board meeting for the SDG Center for Africa when he made the remarks, …

Ouagadougou, Burkina Faso | AFP |  With the logo of his internet TV station on his black T-shirt, Inoussa Maiga energetically plucks corn stalks in northern Burkina Faso for a programme on farming in Africa. Maiga, 30, launched Agribusiness TV in May in the Burkinabe capital Ouagadougou, determined to change …

African leaders to adopt President Museveni’s paper as blue-print to guide continent on development African leaders have agreed to use President Yoweri Museveni’s paper on bottlenecks facing Africa’s development as a blue print to guide the continent. President Museveni’s presentation on Friday at the African Peer Review Mechanism (APRM) meeting in …

Numerous reports have argued that Uganda and Africa in general are poor because they are badly governed. The recommendations are thus; for Africa to escape its under-development trap, it ought to get the keys of good governance. But what is good governance? Can good governance be measured? And if yes, …