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China Seen As East Africa's Leadng Trade Ally

By Finnigan Wa Simbeye
 
CHINA's trade with Africa has been on the increase in the past decade while that of Europe and the United States has been declining. Stanbic Bank Uganda Head of Global Markets, Mr David Wandira, said currently China's trade with Africa has more than doubled to over 200bn US dollars, while that of the US has dropped from over 100bn US dollars to 80bn US dollars.
 
"China is a huge economy growing at an average of 7.5 per cent per annum and if this growth continues it will surpass US by 2025," said Mr Wandira. He pointed out that in East Africa, China is currently one of the largest investors as well.

Ex-President Kufuor addresses African Ambassadors

On January 15, 2014, John KufuorFormer President John Agyekum Kufuor has called for a global effort to tackle the menace of climate change which is impacting negatively on human endeavors, irrespective of geographical location, stage of development, race, gender or religion. “We count on you as representatives of your governments to help raise awareness in your various countries about the real and potential dangers faced by all of us if we continue our lifestyles in the same ways without safeguarding our earth”, he stated.

Debunking Myths Around Farming in Africa

By Mercy Karanja, 29 January 2014

New technologies and ideas - from mobile phone information systems to new crop varieties - are rapidly transforming agriculture across Africa.

Yet the sector continues to be stereotyped as one synonymous with poverty and subsistence.

Simply put, people don't believe it will pay a proper wage, let alone their children's school fees or health bills. Farming is seen as a dead-end job, something of no interest to aspiring youth.

World Bank’s Fight against Extreme Poverty Gets Record Support

MOSCOW, December 17, 2013

Despite tough economic times, a global coalition of developed and developing countries today pledged to accelerate the fight to end extreme poverty by committing a record $52 billion in financing over the next three years for the World Bank’s fund for the poorest, the International Development Association (IDA).
 

Global Farm Research Consortium Doubles Funding to U.S.$1 Billion

By Megan Rowling, AlertNet 

December 18, 2013

The world's largest partnership of agricultural research organisations has doubled its annual funding in the last five years, raising it to $1 billion this year from $860 million in 2012 and $500 million in 2008, the CGIAR consortium said on Wednesday.
 
The increase in donor backing - for scientific research to increase crop harvests and improve farming techniques - comes as an expanding global population demands more food, while worsening extreme weather and environmental degradation are making it harder for many producers to maintain their yields.
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