China is emerging as a major financer of infrastructure projects in Africa, as documented in Building Bridges, a report released this week by the World Bank. This is a very welcome development because Africa has an infrastructure deficit and China has both the financial resources and the construction industry capacity to help meet the demands.
Using data from the Food and Agriculture Organization (FAO) and the OECD, BBC News online created some interesting graphics showing the impact of and factors in the current food crisis. They include a 30-year look at food commodity prices, US ethanol production, world population growth, changing eating habits, and demand for biofuels among others. Worth a look.
|A view of Beijing's traffic gridlock from my office.|
A few weeks ago I wrote that “many perceive NT2 to be a World Bank hydropower project. From my perspective, that’s inaccurate in every respect. More on that in a future posting.” Following intense pressure from my reading public (thanks, Nanda), it’s time to explain what I meant.