Category: Africa

By Ian Shapiro* | IDN-InDepth NewsAnalysis

CAPE TOWN (IDN | Yale Global) – Is Africa rising? Judging by the buzz and optimism of the young business leaders and political trailblazers from across the continent who gathered for the World Economic Forum on Africa May 8-10, the answer is a qualified “yes.” The African Leadership Network – co-founded by Stanford graduates Fred Swaniker, now the CEO of the African Leadership Academy, and Achankeng Leke, director of McKinsey’s Nigerian operations – is emblematic of a new generation of leaders who brim with sophisticated confidence about Africa’s emergence. They are part of the coming elite whose ideas shaped the discussion in Cape Town.

By Zak Rose* | IDN-InDepth NewsAnalysis

DETROIT (IDN) – The gold output of Sudan was 41 tonnes in 2012 – compared with 220 tonnes from the continent’s largest exporter, South Africa – and export levels will likely experience modest growth over the immediate short term. However, owing to recent government promotion and foreign investment from major mineral companies, some official estimates have predicted a spike in Sudan’s gold exports within the next five years.

Government interest in the gold industry stems from a desire to balance against decreasing oil revenues. When South Sudan seceded in 2011, it took roughly 75% of Sudan’s oil wealth with it. And while informal gold mining has long been a part of the Sudanese economy – between 500,000 and 750,000 artisanal gold prospectors are active in Sudan – it has only been since the separation of South Sudan that the government has begun to focus on a capital-intensive expansion of the gold sector.

By Zachary Fillingham* | IDN-InDepth NewsAnalysis

TORONTO (IDN | Geopoliticalmonitor.com) – The apparent interventionist success story of a joint French-Malian military force driving Islamists out of northern Mali was suddenly interrupted by a suicide bombing in Timbuktu on March 30.

The bombing was the first volley in what turned out to be an all-out attack on the city by Islamists, and after several hours of intense street fighting, Malian forces had to call in French troops and air support to help them drive the rebels back into the surrounding desert. The day-long battle left three rebels and one Malian soldier dead, but perhaps more importantly, it afforded the Islamists another valuable opportunity to infiltrate into the heart of Timbuktu.

By Jaya Ramachandran | IDN-InDepth NewsReport

GENEVA (IDN) – There is good news from Africa. The continent is witnessing the second fastest economic growth, and according to knowledgeable sources it may grow even faster in 2013. What is more, currently Africa accounts for 14 sovereign wealth funds (SWFs) with a total amount of USD114 billion in 2009, representing 3% of global SWFs, and that share is expected to increase in future with the establishment of new SWFs.

By Mirjam van Reisen* | IDN-InDepth NewsViewpoint

BRUSSELS (IDN) – Arab Spring has arrived in the Horn of Africa. Young people have been campaigning for the last year, inspired by events in Tunisia and Egypt, phoning households in the country that has been in the grip of its leader Isaias Afewerki since independence from neighbouring Ethiopia in 1991.

By Bernadette Paolo*
IDN-InDepth NewsViewpoint

WASHINGTON DC (IDN) – The people of the Democratic Republic of Congo (DRC) have long been savaged. Perhaps that is why the international outcry over the M23 rebels overtaking Goma and wreaking humanitarian devastation has been muted. Everyone has grown used to hearing about the violence that has become endemic in the DRC.

By Jerome Mwanda | IDN-InDepth NewsReport

NAIROBI (IDN) – The United Nations has launched a $1.3 billion humanitarian appeal in Mogadishu to address the immediate needs of the Somali people over the next year and enhance resilience in the country, which has for decades been mired by conflict, drought, floods and food insecurity.

The appeal issued on December 4 is part of three-year strategy. It is expected to benefit 369 humanitarian projects targeting 3.8 million Somalis in need, according to the UN Office for the Coordination of Humanitarian Affairs (OCHA). The strategy will be implemented by 177 national and international non-governmental organizations and UN agencies operating in Somalia.

By Jerome Mwanda
IDN-InDepth NewsReport

NAIROBI (IDN) – Some three months after the death of Ethiopia’s strogman Meles Zenawi, uncertainty prevails over the country’s political stability and economic development under his successor Hailemariam Dessalegn, says a new study by the British Institute of Development Studes (IDS).

In particular, Ethiopia’s economic challenges are dominated by the need to find secure livelihoods for what is now the second largest population in Africa and by the acute vulnerability of its major economic sector – rainfed agriculture which is dominated by small plots that are leased by the government.