This week, just 7 of 23 African nations signed the accord for the East African Submarine cable System (EASSy). EASSy is one of the best single initiatives that could attract investment to the telecom-starved region. From Reuters:
Even without considering the $263 billion in consumer savings that Wal-Mart provides for low-income Americans, or the millions lifted out of poverty by Wal-Mart in other developing nations, it is unlikely that there is any single organization on the planet that alleviates poverty so effectively for so many people.
Ordered from short to long for your time-management convenience...
There is much talk - rightly - about improving development effectiveness. In Bill Easterly's excellent book The White Man's Burden, he points out that many aid organizations have multiple objectives without accountability, lack a culture of measurement and focus on high visibility activities rather than those with greater pay-offs - e.g. AIDS treatment rather than prevention.
In the 1850s, St Helena's capital, Jamestown, was one of the busiest ports in the world with 1,000-1,500 ships passing through each year. East Indiamen stopping on their journey home to England, American whalers revictualling after hunting sperm whales in the Southern Ocean, and Royal Navy ships intercepting slavers making the run between West Africa and the Caribbean - and dropping the freed slaves off in St Helena to recover - all meant that Jamestown was well known in shipping circles.
The World Bank's lead dam specialist Alessandro Palmieri believes that the Bumbuna hydropower project, in post-conflict Sierra Leone, exemplifies the right way to implement stakeholder involvement in hydropower projects.
Having returned to Washington DC in time for summer – lots of sun, heat, and humidity – the weather feels like I never left Aceh. I still sometimes find myself amazed and almost giddy from enjoyment of the bacteria-free hot water for showers and baths, a stable supply of electricity, the absence of dengue/malarial mosquitoes and regularly recurring stomach ailments.
What will tomorrow’s corporate giants look like? The rapid rise of world-beating firms from emerging economies ranging from hi-tech to extractives sectors, is already prompting changes in corporate strategy to stay ahead of the game. Now, a UK-based think tank, Tomorrow’s Company, has teamed with leading firms to launch an inquiry addressing core questions on the future role of business in society.