Trade & Investment

Fine, Sanctions, or Waiver: Iranian Gas Will Come at a Price for Pakistan

When Iranian President Ebrahim Raisi visits Pakistan this week (April 22, 2024), experts say the two issues topmost on his mind that he will want to discuss with his Pakistani counterpart, President Asif Ali Zardari, will be border security and the Iran-Pakistan gas pipeline.

Portable Ginnery Could Revive Kenya’s Ailing Cotton Industry

Kirinyaga University may have just breathed new life into Kenya’s ailing cotton industry as varsity dons develop a portable cotton ginnery. For an industry that has been struggling to survive, this news came as a relief to cotton farmers, whose lives the invention is expected to change, and to a government pushing for job creation and self-reliance through manufacturing. 

Rural Entrepreneurs Thriving Against All Odds in Zimbabwe

With heavy sweat drenching his face and his shirt soaked in the sweat, 39-year-old Proud Ndukulani wrestled with a homemade knife, which he dipped in some used oil, before turning the glistening knife upon a rather tough and dusty tyre obtained from what he said was a forklift. His assistant stood by his side as he (Ndukulani) cut some tough rubber from the giant tyre lying outside an open shade roofed with aging asbestos sheets at Juru Growth Point, located 52 km east of Harare in Zimbabwe’s Goromonzi district in the country’s Mashonaland East province. 

Pioneering Digital Initiative Empowers Pacific Islands to Tackle Climate Disasters

Winning a battle for survival requires understanding the opponent. And, for the peoples of 22 island nations and territories scattered across more than 155 million square kilometres of Pacific Ocean, the volatility and wrath of the climate are their greatest threats.

Tensions with China Drive Investors Towards Vietnam

In recent months, several European representatives embarked on trade missions to Vietnam. German President Steinmeier visited Hanoi in January. The Netherlands sent Prime Minister Mark Rutte, with the Dutch royal couple, King Willem-Alexander and Queen Máxima, soon to follow suit. Notably, the Netherlands stands as the most significant European investor in Vietnam.

Made in Africa: Africa’s Fashion Redefining Narratives About the Continent

It is a new dawn as Africa’s high fashion industry enters an era defined and driven by young African fashion designers. As they take to the global stage, the young creatives are showcasing the continent in all its majesty through unique weaving techniques and patterns that combine their rich African heritage with contemporary styles.

It’s Africa’s Time To Shine, says UN Under Secretary Claver Gatete

With 20 percent of the global population and vast untapped natural resources, not forgetting its human capital, it is time Africa had its rightful seat at the global table, the United Nations Under Secretary and Executive Secretary of the Economic Commission for Africa (ECA), Claver Gatete, has called.

Inside Kenya’s Seed Control Battle: Why Smallholder Farmers Want to Share Indigenous Seeds

A group of 15 smallholder farmers in Kenya petitioned the country’s High Court, seeking to compel the government to review sections of a law that bans the sharing and exchange of uncertified and unregistered seeds.

Drought Narrows the Panama Canal, Delays Shipping

At the bar that Sandra manages in Panama City's central financial district, the variety offered on the menu has shrunk due to delays in ship traffic through the Panama Canal, one of the world's major shipping routes.

Neocolonial ISDS, Abused, Biased, Costly, and Grossly Unfair

Investor-State Dispute Settlement (ISDS) provisions in international trade and investment agreements – long abused by opportunists with means – are slowly being rejected by cautious governments.

Landlocked Developing Countries Conference to Address Development

Landlocked developing countries need greater support from the international community so that they are no longer left behind when it comes to progressing with the SDGs, says the UN High Representative of the Least Developed Countries.

Blinken’s Visit to Africa: Is US Counterterrorism Counterproductive?

US Secretary of State Antony Blinken’s week-long tour across four African countries was aimed at strengthening the US-Africa relationship—a relationship, according to some commentators, already waning as China and Russia are increasing their influence.

Under the Scorching Sun Kenyan Farmers Find New Ways to Beat Climate Change

In the tranquil village of Kotiang, perched on the shores of Lake Victoria in Kenya's lakeside region, Yvonne Atieno, a dedicated mother in her early thirties, tends to her fish pond under the relentless equatorial sun. Her young daughter eagerly joins her mother in this nurturing endeavor. Yvonne, a certified accountant by profession, reflects on how her decision to embrace regenerative farming has not only enriched her life but also imparted invaluable life lessons.

Beyond the Farm: How Empowering Women Farmers Drives Change in Jordan and Beyond

Dr. Zeinab Al-Momany, a prominent social entrepreneur, sheds light on the journey of empowering women farmers in Jordan and the Arab world, where women often work long hours for low pay and lack labour recognition.

PPPs’ Private Gain at Public Expense

At high cost and with dubious efficiency, public-private partnerships (PPPs) have increased private profits at the public expense. PPPs have proved costly in financing public projects.

World Bank Enables Foreign Aid Theft

World Bank aid encourages governments to enable illicit financial outflows to offshore tax havens by reducing capital controls, thus draining precious foreign exchange and government resources.

New Era: Unlocking Africa’s Agriculture Potential Through CGIAR TAAT Model

As hunger and food insecurity deepen, Africa is confronting an unprecedented food crisis. Estimates show that nearly 282 million people on the continent, or 20 percent of the population, are undernourished. Numerous challenges across the African continent threaten the race to achieve food security; research and innovative strategies are urgently needed to transform current systems as they are inadequate to address the food crisis.

World Bank Enables Private Capture of Profits, Public Resources

The World Bank insists commercial finance is necessary for achieving economic recovery and the Sustainable Development Goals (SDGs), but does little to ensure profit-hungry commercial finance serves the public interest. By failing to address pressing challenges within their purview, the second-ever Bretton Woods institutions’ (BWIs) annual meetings on the African continent, in Marrakech in October 2023, set the developing world even further back.

Construction of New Megaport in Peru Ignores Complaints from Local Residents

"We have always lived a very quiet life here, but everything has changed since the construction of the multi-purpose port began a few years ago," said Miriam Arce, a neighborhood leader in this municipality 80 kilometers north of the Peruvian capital, where the new port is projected to become the epicenter of trade between China and South American countries.

Middle-Income Country Trap?

In recent decades, failure to sustain economic progress has been blamed on a supposed middle-income country (MIC) trap. Such blaming obscures as much as it supposedly explains.

IPEF: New Cold War Weapon Backfires

US President Joe Biden’s Indo-Pacific Framework for Prosperity (IPEF) is the economic arm of his administration’s Indo-Pacific Strategy, aimed at countering China’s influence in the region.

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