NewsSouthern Africa

Mon,30May2016

Southern Africa

Mandela Fellows: Pathway to Africa's economic growth is inclusion

Aurelie Adam Soule, Mandela Washington fellow from Benin. Photo©FacebookMandela Washington Fellowship for young African leaders' initiative has concluded a three-day regional conference in Ghana, with a call on African leaders to pursue inclusive financial, social and digital policies to quicken the continent's development pace.

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My Journey Back to the Future of African Farming - Olusegun Obasanjo

Former President of Nigeria, H.E. President Olusegun Obasanjo. Photo©YOSHIKO KUSANO/AP/SIPAEvery year, thousands of young Africans join an exodus from their families' small, often struggling farms in the countryside. Their dream – sometimes fulfilled, often not – is to find a more rewarding and stimulating life in the continent´s rapidly growing cities. Few return, but even fewer ever completely sever their ties.

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Zimbabwe seeks help to recover missing billions

File photo©Emrah/AP/SIPAZimbabwe has extended its investigations into missing diamond revenue to six countries including the United States following claims the impoverished country could have lost $15 billion through externalisation.

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Pravin Gordhan can't predict whether South Africa will be downgraded

South Africa's finance minister, Pravin Gordhan. Photo©Mike Hutchings/AP/SIPAFinance Minister Pravin Gordhan has said it was still unclear whether South Africa's debt could be downgraded by Standard & Poor's and Fitch after holding discussions with the rating agencies last week, the Financial Mail reported on Thursday.

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'Green fields' of insurance growth

Photo©ReutersAfrica's insurance markets are expanding more slowly than other emerging regions', but major groups are looking to enter new markets, which could speed things along.

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Big and small affairs at the second day of the AfDB's Annual Meeting

Sierra Leonean Kelvin Doe built his own radio station out of electronics waste at age 13 The African Development Bank's (AfDB) Annual Meeting in Lusaka got its official start on its second day and confirmed the principle that big personalities mean big waiting around.

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