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News in 'Economy' section

Will Sierra Leone Meet MDGs 2015 Target?

November 3, 2011 President Ernest Bai Koroma, Sierra Leone

In Sierra Leone, the race towards achieving the Millennium Development Goals, MDGs, started in 1990 in earnest but the country lost the first decade of the fight to achieving the MDGs due to a devastating conflict.

"Food crisis far from over," says World Bank

November 3, 2011

In a new report, the World Bank says the poorest countries are hardest hit by continuing high food prices, which remain volatile.

The bank’s latest Food Price Watch, released ahead of the G-20 summit in France, says the high food prices is adding to strains on the global economy.

Africa bleeding financially, despite huge wealth

November 1, 2011 A cross section of participants

At the just ended African Economic Conference in Addis Ababa, the continent was urged to take the lead in developing solar and hydro energy, while at the same time Africa's huge wealth is streaming out at the detriment of its development.

Fake drugs trade thrives in S. Leone due to porous borders

October 31, 2011 Mrs Zainab Bangura, S. Leone's Health Minister

Sierra Leone’s porous borders are said to be one of the main factors responsible for the influx of counterfeit drugs into the country and the proliferation on the market.

The country shares boundaries with Liberia and Guinea and large amounts of fake drugs are said to be among goods allegedly coming into the country from the neighbouring countries.

 

Guinea Port workers end strike, but Senegal garbage workers go on

October 31, 2011 Gunea Port Authority logo

Normal operations at the container terminal at Guinea’s sea port have resumed, after activities were paralyzed due to a workers strike.

WADR’s Conakry Correspondent says the nearly 400 container terminal workers, who downed their tools in protest against their new employer, the French company, Bolloré on Monday resumed work.

Re-commitment to build green economy in Africa--ECA,AFDB,UNDP

October 30, 2011 L-R Pedro Conceicao, Emmanuel Nnadozie, Gabriel Negatou

By Frank Sainworla, Jr/WADR, Addis Ababa

The United Nations Economic Commission for Africa (UNECA), the African Development Bank Group, (AFDB) and the United Nations Development Programme, (UNDP) have re-committed themselves to help in building a green economy across Africa.

The pledged was made as the 6th African Economic Conference ended in the Ethiopian capital, Addis Ababa over the weekend.

With African economic growth threatened, green economy heralded

October 28, 2011 Dr Emmanuel Nnadozie, ECA

The 6th African Economic Conference has been going on since Tuesday 25 October in the Ethiopian capital, Addis Ababa.

The conference, which is being organized by the UN Economic Commission for Africa, the African Economic Commission, the African Development Bank Group and the UNDP, has been bringing together some 300 experts, African ministers, bankers and other international stakeholders.

Nigeria: Anti-graft body calls on population to get involved

October 28, 2011 Fight Against Corruption in Nigeria's Logo

Nigeria's anti-graft body, the Independent Corrupt Practices and other Related Offences Commission (ICPC), has urged Nigerians to join in the fight against corruption in the oil producing nation.

 

Malian Group Plans Memorial Rally for Kadhafi Friday

October 28, 2011 The late Col.Moamar Kadhafi

A Malian group says it will hold a funeral rally in the capital Bamako on Friday, 28 October, in front of the embassies of the countries that form the Western coalition that undertook military intervention in Libya against Col. Moamar Kadhafi’s regime.

UNEP Official Says Why Africa Remains Underdeveloped

October 28, 2011 Amina Mohamed, UNEP Deputy Executive Director

“Africa still remains the victim of development strategies which do not improve the livelihood of its communities,” says the UN Assistant Secretary General and Deputy Executive Director of the UN Environment Programme, Amina Mohamed.