Sudan Targets Gold to Soften Loss of Oil Money

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.

Guerrilla War Threatens Northern Mali

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.

South Africa Could Do Better, Says OECD

By Richard Johnson | IDN-InDepth NewsReport

PARIS (IDN) – “Despite considerable success on many economic and social policy fronts over the past 19 years, South Africa faces a number of long-standing economic problems that still reflect at least in part the long‑lasting and harmful legacy of apartheid,” according to a new report by the prestigious Organisation for Economic Cooperation and Development (OECD) .

Africa Witnessing Impressive Economic Growth

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.

The ‘Arab Spring’ Arrives in Eritrea

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.

International Outcry on the Congo Must Be Louder

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.

UN Urges Aid to Turn a New Chapter in Somalia

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.

Uncertainty Hangs Over Post-Meles Ethiopia

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.

Africa: Plea for Reducing Foreign Aid Dependency

By Jerome Mwanda
IDN-InDepth NewsReport

NAIROBI (IDN) – Whether and how African countries could reduce their dependency on foreign aid – if not do without it altogether – was a major subject of debate at the African Economic Conference in Rwanda’s capital Kigali. It was the first time since the 2011 Fourth High Level Forum on Aid Effectiveness in Busan, South Korea, that the issue was discussed.

Convened by the Economic Commission for Africa, (ECA), the African Development Bank, (AfDB) and the United Nations Development Programme (UNDP), the four-day conference  from October 30 to November 2, 2012 focussed on the theme ‘Inclusive and Sustainable Development in an Age of Economic Uncertainty’.

Africa Can Avoid Food Crises and Earn Billions

By Jerome Mwanda
IDN-InDepth NewsReport

NAIROBI (IDN) – Some 19 million people in West Africa’s Sahel region are living with the threat of hunger and malnutrition, though the potential to increase agricultural production in Africa is enormous. Poor people in the slums of Nairobi pay more for their maize, rice, and other staple food than wealthy people pay for the same products in local supermarkets.

Such asymmetries are surmountable – if only African leaders would agree to improve inter-regional trade so that food can move more freely between countries and from fertile areas to those where communities are suffering food shortages, says the World Bank in a new report.

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