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From the mag: Africa in Brief

Published by on Feb 19th, 2012 6:44 AM, No Comments

From the mag: Africa in Brief

Africa in brief: 

  • Somali pirates cost the world about R56 billion in 2011, including more than R15 billion for military operations and equipment to protect ships, Oceans Beyond Piracy said. The shipping industry carries 80% of the cost, government carries the rest – AFP
  • Finland will assess human rights in countries requiring aid, particularly  in sub-Saharan Africa, international development minister Heidi Hautala announced. ”Development aid has been impotent when it has failed to take humna rights into account,” she said – Helsinki Times
  • Twenty-nine Chinese construction workers seized in January by Sudanese rebels were released unharmed to International Committee of Red Cross. The incident exposed the risk of China’s investments in African regions – wsj.com
  • Finance minister Kenneth Matambo projected a bleak future for Botswana as diamond sales plummeted by more than 70%. The minister is not promising any improvement in the economy should diamond sales continue to fall.
For more news updates from Africa and the rest of the world, pick up a copy of NewsNow issue 23 — now on sale!

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