Despite America’s pledge to deliver $55 billion, the West cannot match China’s deep pockets COMMENT | Ana Palacio | The United States is finally paying attention to Africa. But recent attempts at engagement – the US-Africa Leaders Summit in December and U.S. Treasury Secretary Janet Yellen’s ten-day tour of the continent last …
Read More »Economists misunderstand a key indicator
This big problem shows we must not allow economics to advise society with flawed theories and indicators COMMENT | Tiago Cardao-Pito | In studies, forecasts and recommendations to governments, markets are seen as capable of processing so-called rational information. Economists claim that firms’ market prices result from rational expectation about their future …
Read More »Climate finance for the developing world
A smarter international strategy is crucial for driving greater investment toward clean-energy projects COMMENT | Sumant Sinha | Recent estimates suggest that the developing world will need $1 trillion of external climate finance annually by 2025, and $2.4 trillion per year by 2030, to meet the goals enshrined in the Paris climate …
Read More »Listening to sad songs
Why it can make us feel so good, according to mental health experts Kampala, Uganda | THE INDEPENDENT | What is it about listening to those moody, melancholy ballads when we’re feeling down? Sad songs evoke strong emotions and help us feel better when we’re going through hard times. And whether …
Read More »Tanzania’s MV Mwanza floats
East Africa largest freshwater vessel is the latest sign that East African countries are significantly ramping up maritime infrastructure, travel and trade Kampala, Uganda | AGENCIES | Tanzania on Feb.12 floated East Africa’s largest-ever domestically manufactured fresh water passenger and cargo ship, the MV Mwanza Hapa Kazi Tu, on Lake Victoria. …
Read More »TikTok or Instagram account?
Is 13 too young to have one? SPECIAL FEATURE | Catherine Page Jeffery | The surgeon general is the “nation’s doctor” in the United States. They are tasked with giving Americans the “best scientific information” about their health. Late last month, the current US surgeon general, Vivek Murthy, warned 13 is too …
Read More »Hoteliers shift focus to online marketing in 2023
Kampala, Uganda | THE INDEPENDENT | Hoteliers in Uganda are set to focus on online marketing and training to boost customer experience and hit huge profits in the year 2023, Jean Byamugisha the Chief Executive Director of the Uganda Hotel Owner’s Association has said. Byamugisha says that 2023 is gearing up …
Read More »Dfcu Bank to empower more 1,000 SMEs through ADC Business Accelerator Program
Kampala, Uganda | THE INDEPENDENT | Dfcu Bank’s Agribusiness Development Centre and Rabo Foundation have partnered with GOPA Worldwide consultants to implement two consecutive cohorts of the Business Accelerator Program (BAP). The initiative which is in line with the national program of Enhancing the Competitiveness of Small and Medium Enterprises (ECOS) …
Read More »South Sudan’s oil and water give it bargaining power – but will it benefit the people?
Kampala, Uganda | Harry Verhoeven Francois Sennesael | South Sudan has long been one of east Africa’s most unstable states. But surging external interest in its resources and the diplomatic agility of its rulers are again underlining how pivotal the country remains to regional energy and water politics. Much of Africa has …
Read More »Turkey is challenging China’s reign in African construction sector
China’s outright dominance of Africa’s infrastructure sector is under threat as Turkish construction firms begin to make inroads on the continent to deliver large-scale projects on budget and on time Nairobi, Kenya | BIRD AGENCY – Seth Onyango | Turkish construction firms are closing in on their Chinese counterparts in Africa’s …
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