The outrageous plan to haul icebergs to Africa

The outrageous plan to haul icebergs to Africa

If towing icebergs to hot, water-stressed regions sounds totally crazy to you, then consider this: the volume of water that breaks off Antarctica as icebergs each year is greater than the total global consumption of freshwater. And that stat doesn’t even include Arctic ice. This is pure freshwater, effectively wasted as it melts into the […]

Abalone poaching fuels crime and violence in South Africa

Abalone poaching fuels crime and violence in South Africa

JOHANNESBURG — Poachers profiting off illegal abalone fishing are fueling a wave of violence in South Africa. A report by TRAFFIC, a wildlife trade monitoring network, found that 96 million of the shellfish have been poached in South Africa’s waters since 2000. While some abalone fishing is legal, CBS News foreign correspondent Debora Patta reports […]

Figures of the week: Africa's growing youth population and human capital investments

Figures of the week: Africa's growing youth population and human capital investments

This week, the Bill & Melinda Gates Foundation released its annual Goalkeepers report, which tracks the progress toward achieving the United Nation’s Sustainable Development Goals. This edition focuses on the impact of growth of young populations on the future. Looking at several indicators, the report studies development prospects based on potential scenarios: progressing, regressing, or […]

The potential of manufacturing and industrialization in Africa

The potential of manufacturing and industrialization in Africa

Among policymakers and scholars alike, a robust manufacturing sector is broadly understood as a fundamental path to economic growth and development. The most recent illustration is the launch of the African Continental Free Trade Area (AfCFTA) in March 2018, a single market for goods and services in Africa that aims to unlock manufacturing potential and […]

CharlemagneWhy Europe should focus on its growing interdependence with Africa

CharlemagneWhy Europe should focus on its growing interdependence with Africa

IT IS a peculiarly modern habit to think of the Mediterranean Sea as a boundary. For over two millennia, civilisations bled across it and intermingled. Roman, Carthaginian, Moorish and Venetian empires expanded primarily along maritime routes. It took four days to get from imperial Rome to today’s Tunisia, but 11 days to reach Milan. The […]

Cash on the Sidelines in Africa

Cash on the Sidelines in Africa

The headquarters of the Central Bank of Liberia in Monrovia. Photo: james giahyue/Reuters Sept. 20, 2018 12:20 p.m. ET Someone in Liberia definitely deserves a red card, but the referees will have a difficult time figuring out who. The government of President George Weah, former world footballer of the year, has launched an investigation into […]

Dash for Africa: World's richest nations have a fresh look at the last great emerging market

Dash for Africa: World's richest nations have a fresh look at the last great emerging market

That approach has its risks. The Washington-based RWR Advisory Group, which monitors the Belt and Road Initiative, estimates that almost one-third of its projects, worth $419 billion, have run into trouble since 2013 through delays, local opposition and security issues. Andrew Davenport, RWR’s chief operating officer, says: “Although some recent instances of debt rescheduling and […]

Not so fastWhat to do about Africa's dangerous baby boom

Not so fastWhat to do about Africa's dangerous baby boom

THE 21st century, in one way at least, will be African. In 1990 sub-Saharan Africa accounted for 16% of the world’s births. Because African birth rates are so much higher than elsewhere, the proportion has risen to 27% and is expected to hit 37% in 2050. About a decade later, more babies will be born […]