Director of the Globalisation and Development Strategies Division of the United Nations Conference on Trade and Development (UNCTAN), Richard Kozul-Wright, has made a strong case for a coordinated global investment programme to tackle the twin challenge of delivering social and economic development while stabilising the climate.
Angola’s new President, João Lourenço, is currently embarking on reforms aimed at fostering a dynamic local entrepreneurial sector. But, the United Nations Conference on Trade and Development (UNCTAD) says his success will ultimately be judged by the fortunes of citizens like Alcino António, a kupapata micro-entrepreneur in the country’s capital city, Luanda. Alcino collects scrap metal to sell to Fabrimetal, an Angolan steel manufacturer. It is a physically taxing job that begins at dawn.
Last week, Akwa Ibom State under the watch of Governor Udom Emmanuel, a former top bank executive turned politician, walked taller as the most outstanding performing state in the South-South geo-political zone of Nigeria. The state was adjudged so by the World Bank in conjunction with the Federal Ministry of Finance.
For coastal communities like those of the Niger Delta, largely abandoned by development planners and executors, the ‘invention’ of a blue energy might just be all they need to rapidly transform their social and economic conditions.
The 2019 report by an international non-governmental organization, Oxfam has ranked Nigeria low on poverty eradication and gender equality.