Notwithstanding slower global growth and lingering impacts of recent catastrophic floods, private sector activity, outside the oil sector, has been supported by a relative return to peace, and higher government spending. Nevertheless, the economy is estimated to have contracted by 0.4 percent in FY23/24, reflecting drags from oil production. Supported …
: Bangladesh has signed a Memorandum of Understanding (MoU) with South Sudan on agricultural cooperation as a high level delegation was now on a weeklong visit to the newly emerged nation with vast arable land in Africa. "The two sides signed a Memorandum of Understanding (MoU) on agricultural cooperation at …
Mismatch In Favour Of Production 1st Time Since ’04-05, Prices Drop 25% In 4 Months New Delhi:Strange things are happening in the world of oil. Crude prices have dropped more than 25% in the past four months. Global oil consumption has dropped below global production for the first time since …
Ahead of the World Bank's Spring Meetings here this week, government ministers from almost 40 developing countries are meeting with UNICEF Executive Director Anthony Lake, UK International Development Secretary of State Andrew Mitchell, Chair of the United Nations Secretary General's Advisory Board on Water and Sanitation HRH the Prince of …
Huge reserves of underground water in some of the driest parts of Africa could provide a buffer against the effects of climate change for years to come, scientists said on Friday. Researchers from the British Geological Survey and University College London have for the first time mapped the aquifers, or …
Huge reserves of underground water in some of the driest parts of Africa could provide a buffer against the effects of climate change for years to come, scientists said on Friday. Researchers from the British Geological Survey and University College London have for the first time mapped the aquifers, or …
New Delhi: While admitting that the decision to send a special envoy to South Sudan and Sudan to broker peace between the two nations was a policy departure for India, the government said on Wednesday that this had become unavoidable not just to advance the nation’s larger strategic interests in …
New Delhi: Responding to the ongoing conflict between Sudan and less than oneyear-old South Sudan, India has appointed a special envoy to broker peace between the two countries that hold the key to India’s pursuit of oil and other hydrocarbon resources in Africa. The foreign ministry’s decision to send a …
Cameroon's military has been called in to Bouba Ndjida National Park to take on foreign poachers that have slaughtered hundreds of elephants for their ivory, according to the World Wide Fund for Nature (WWF). Reports vary, but between 200-480 elephants have been killed in recent weeks in the park by …
Poachers have killed more than 200 elephants in Cameroon in just six weeks, in a "massacre" fuelled by Asian demand for ivory. A local government official said heavily armed poachers from Chad and Sudan had decimated the elephant population of Bouba Ndjida National Park in Cameroon's far north in a …
Poachers have killed more than 200 elephants in Cameroon in just six weeks, in a "massacre" fuelled by Asian demand for ivory. A local government official said heavily armed poachers from Chad and Sudan had decimated the elephant population of Bouba Ndjida National Park in Cameroon's far north in a …
Low-cost solar panels and solar batteries will be provided to poor communities in 14 countries in Africa and Asia in the next four years, the UN Development Programme said Thursday. A total of 33 million people in the 14 countries will be able to make use of solar energy for …
Wildlife activists said on Thursday that poachers had slaughtered at least 200 elephants in the past five weeks in Bouba Ndjida National Park. The International Fund for Animal Welfare called the scale of the killings unprecedented, and urged the government to take action. The group said that many orphaned elephant …
Seasoned oil market observers have struggled to find an adequate explanation for the surge in Brent prices over the past fortnight, which has taken front-month futures to the highest level since July 2011. But the conundrum becomes easier to unravel if the focus is switched from the overall crude supply …
Conflict, population displacement and high food prices mean millions of people in South Sudan face hunger this year, two U.N. food agencies said on Wednesday. The number of people with insecure food supplies has risen to 4.7 million in 2012 from 3.3 million in 2011, a report by the Food …
The United Nations has received alarming reports of malnutrition in two Sudanese border states where the army is fighting insurgents, a senior U.N. official said on Wednesday. Fighting broke out in June between the Sudanese army and SPLM-North rebels in South Kordofan and spread in September to the state of …
Global warming already is causing suffering and conflict in Africa, from drought in Sudan and Somalia to flooding in South Africa, President Jacob Zuma said on Monday, urging delegates at an international climate conference to look beyond national interests for solutions. “For most people in the developing countries and Africa, …
Hundreds of Sudanese protested in the city of ad-Damir Sunday, demanding the government do more to help villagers whose homes were flooded by an electricity-generating dam, witnesses said. Witnesses said up to 1,200 protesters gathered outside a government office in ad-Damir, capital of River Nile state, to call on authorities …
Egypt and Ethiopia have agreed to set up a technical team to review the impact of a $4.8-billion Nile river dam which Addis Ababa announced in March, Ethiopian Prime Minister Meles Zenawi said in Cairo on Saturday. Egypt has been worried over changes to colonial-era treaties since Nile basin nations, …
Ethiopia has announced plans to construct two dams along its share of the Nile, six months after embarking on a 5,250 MW power plant that rankled Egypt over concerns it might affect the flow of the river. The Horn of Africa nation aims to produce 20,000 megawatts (MW) of power …
The UK-based Macmillan Publishers has been ordered to pay £11.3 million (US $18 million) for “unlawful conduct” related to its education division in East and West Africa. A London court passed the order after UK’s Serious Fraud Office (SFO) began an inquiry last year following a report from the World …