Over the last 50 years, Africa is estimated to have lost in excess of $1 trillion in illicit financial flows (IFFs). This sum is roughly equivalent to all of the official development assistance (ODA) received by Africa during the same timeframe. Currently, Africa is estimated to be losing more than $50 billion annually in IFFs.
A new public-private fund hopes to bring electricity to a million homes in sub-Saharan Africa by 2025. Access to energy is one of the major factors inhibiting development in the region. EurActiv France reports .
Growing optimism over Africa's economic future is set to draw more than 1,250 delegates from governments and international corporations Wednesday to the three-day "African Davos" in Cape Town, the World Economic Forum said.
European nations have suspended some aid to Burundi, officials said on Monday (11 April), cranking up international pressure on the donor-reliant African nation over a crackdown on protests against President Pierre Nkurunziza's quest for a third term of office.
The Ebola outbreak in Liberia, Guinea and Sierra Leone brought it home. For some deadly diseases, there are no drug treatments. Even doctors who were infected in west Africa and shipped back to the wealthy USA or Europe were given experimental medicines, because that is all there is.
As the global number of displaced people reaches its highest level since WW II, developed countries must assume their responsibilities and deal with the causes of mass migration, writes Michael Adamson.
Insurance companies are struggling to gain a foothold in Africa, where populations tend to favour community insurance schemes called tontines . These are often informal agreements between trusted friends and family members. EurActiv France reports .
Italian ships have picked up almost 700 migrants in seven inflatable boats and further rescue operations are underway, as calm seas favoured departures from Libya for the Italian coast, the coast guard said on Sunday (12 April).
With green innovation centres “Made in Germany”, Development Minister Gerd Müller hopes to eradicate world hunger by 2030, while critics warn the biggest winners in the new initiative could be the wrong ones. EurActiv Germany reports .
What kind of role should the private sector have in the post-2015 fight against poverty and food insecurity? And how should EU governments ensure it is genuinely inclusive and responsible? Yaekob Metena explores the possibilities.
The €55 billion a year of European money going to development is politically motivated rather than scientifically. Formal colonies, trade partners and media-favorites become ‘donor darlings’. Some poor countries are bearing the brunt, writes Kasper C. Goethals.
In an interview with EurActiv, Ethiopian Minister of Health Dr. Kesetebirhan Admasu described the impressive improvements of healthcare in his country over the last years, stressing that the reforms have been designed and implemented without following foreign prescriptions.
It took Europe three years to break the deadlock on Genetically Modified Organisms. The European Parliament decided last month to give member states the choice to ban or allow the cultivation of GM crops.