The Southern African Development Community (SADC), which comprise 16 member states, loses about 8.8 billion dollars in trade-related illicit outflows and about 21.1 billion dollars in external government debt payments annually, according to a new report released here.
Lake Malawi, Africa’s third largest lake, provides an economic lifeline to many fishing families. But overfishing is affecting many of these lives, with women being affected the most.
Hope, smiles and new vitality seem to be returning slowly but surely in various parts of the Sahel region, where the mighty Sahara Desert has all but ‘eaten’ and degraded huge parts of landscapes, destroying livelihoods and subjecting many communities to extreme poverty.
The old theories governing the way that countries produce and trade are being replaced. The pattern of trade is being transformed by increasingly sophisticated technology and innovations in transportation; and the topography of actors is shifting to reflect new poles of growth.