

By: Faridah Mugimba Kakyama African pension funds are starting to invest in infrastructure projects on their underdeveloped continent. The African Development Bank hopes the deepening pool of homegrown savings can fill the $45 billion hole it sees in annual infrastructure financing needed in Africa. “It’s an unprecedented chance to make the investments in infrastructure and other sectors that the continent so desperately needs,” said David Ashiagbor, who runs a division of the bank devoted to developing financial markets in Africa. Until recently, most pension funds in Africa were hesitant to invest in infrastructures such as roads, railroads, and ports. Tying up cash in decade-long projects seemed unnecessarily risky while strong economic growth was driving up local stock markets. Africa’s economy has recently grown by about 5% annually thanks to strong oil and mineral output as well as the rise of a nascent consumer class. The continent’s sovereign bonds were also…
A new women-only transport service launching in Paris aims to tackle the problem of sexual harassment and assault in taxi cabs. For many women…
The Turkish government is planning to reduce the ratio of underage as well as forced marriages in the country from five percent to one…
The Chilean president, Michelle Bachelet, has introduced a bill to legalize gay marriage, a move that follows a string of liberal reforms in one…
India’s Union Agriculture and Farmers Welfare Minister Radha Mohan Singh on Wednesday said that 30 per cent of his ministry’s budget would be invested…
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Dolores Clara Fernandez also known as Dolores Huerta was born on April 10, 1930, in Dawson, a small mining town in the mountains of…
By: Janene Pieters Women in the Netherlands are more likely to give birth during the week than on the weekend, according to Statistics…
Keeping your skin pimple-free can pose a Herculean task. Besides finding the right product combination and figuring out when and how to apply each item, you…
By Edmond Gyebi Ghana’s Minister for Gender, Children and Social Protection, Otiko Afisah Djaba has pledged government’s commitment towards fighting any forces or socio-cultural…
By: Molly Hennessy-Fiske As Saudi Arabia’s ambitious economic and social reform plan initiated by Crown Prince Mohammad Bin Salman takes shape, some Saudi…
By: Sascha Wilson The judiciary worker who made a false report that a taxi driver raped her yesterday walked away with…