The honeymoon with microfinance is over. Since the idea of lending small sums of money to poor people was pioneered by Grameen Bank in Bangladesh, ... the approach has been taken up by many non-governmental organizations, donor agencies and the United Nations as an essential part of their poverty-reduction efforts. Microfinance has provided countless people with access to financial services.
Once every few years, the world goes through a familiar ritual: various factors converge to trigger unusual increases in global food prices. ... In response, countries rush through emergency measures to ward off widespread shortages. Prices stabilize, calm returns and the world declares yet another victory in the war against rising food prices. The crisis vanishes from the radar — until the next one.
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Ethiopia has launched its biggest ever irrigation project over the Nile River after receiving US$100 million from the World Bank. The project ... is going ahead despite disapproval from Egypt, which is against such activities along the Nile.
Somaliland has been seeking international recognition since it declared independence from war-torn Somalia in 1991. After the independence of ... South Sudan on 9 July, Somaliland's government would like it to be Africa's 55th country. Join in the debate.