Kenyans Die Young and Poor

Published on 6th March 2007

According to Kenya National Human Development Report, poverty, health, environment, crime and illiteracy is reducing the life expectancy to slightly over 40 in some parts of Kenya. The report mentions human insecurity as one of the greatest obstacles to human development. Compared to 2004, human poverty has increased marginally in all the eight Kenya's provinces.

 

Lansana Kouyate Named Prime Minister

 

Following a deal to end a general strike against his 23 year rule, Guinea’s veteran President, Lansana Conte, named Lansana Kouyate Prime Minister. The President’s previous choice of Eugene Camara prompted riots leading to deaths of over 120 people. He picked Lansana from a list that had been drawn by the unions, who then agreed to end the strike.

 

Africa Business Forum 2007

           

The World Bank Group – IMF Africa Investment Club (AIC), in conjunction with the Africa Trade and Investment Council (AfTIC) will hold The Africa Business Forum 2007 on June 5 -7, 2007 at the IMF Headquarters in Washington, DC. The forum will provide an opportunity for foreign investors to operate in Africa and encourage African and foreign businesses to forge partnerships.

 

Fertilizer Marketing in Difficulty

 

The procurement and distribution of fertilizer in Ethiopia has been confronted with the task of finding enough interested companies to bid in the public tenders issued by a procurement department within the Ministry of Agriculture and Rural Development, an agency that has taken the responsibility from the National Bank of Ethiopia (NBE) last year. Industry analysts say this is because most major companies were left with huge stocks last year following the federal government's move that encouraged the cooperative in the regional states to import the agricultural input on their own. Many of them used to be supplied by these companies.

 

Gabon Raises Fuel Price

 

On Saturday, Gabon raised its fuel prices by 25 percent so as to improve public finances. CAISTAB, the country’s fuel regulator said it had raised fuel prices to $595 CFA from 475 francs. “This was a readjustment dictated by the need to improve the state of Gabon’s public finances,” the CAISTAB said.


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