BEIJING | Xinhua | When China’s national lawmakers and political advisers gather in Beijing for the annual “two sessions,” one document will stand out: a draft 15th Five-Year Plan, the blueprint that will guide the world’s second-largest economy from 2026 to 2030. Five-year plans have long been central to how …
Read More »Why is Africa underdeveloped?
Examining the disparate evolution of human history across the world COMMENT | NNANDA KIZITO SSERUWAGI | I am a citizen of a Third World country. I live in the Global South. I hope that explains all about my interest in the subject of development, or, to be more exact, the …
Read More »Africa prioritizes water security, development, and cooperation
Addis Ababa, Ethiopia | THE INDEPENDENT | African leaders convened at the 39th Ordinary Session of the African Union (AU) Assembly of Heads of State and Government in Addis Ababa on 14–15 February, launching the AU theme of the year: “Assuring Sustainable Water Availability and Safe Sanitation Systems to Achieve …
Read More »Luxury tourism is a risky strategy for African economies
How successful is luxury tourism in Africa? What happens if it fails to produce higher tourism revenues: can it be reversed? And does it depend on what kind of government is in place? Pritish Behuria is a scholar of the political economy of development who has conducted a study in Botswana, Mauritius …
Read More »China’s poverty alleviation inspires visiting African officials
YINCHUAN, | Xinhua | Despite the three flights over about 18 hours that it takes to reach Yinchuan, the capital of northwest China’s Ningxia Hui Autonomous Region, Ayak Awer Chan Liol from South Sudan said the journey was well worth it. “It’s definitely eye-opening to come here,” said Liol, a …
Read More »Uganda at 63: Independence, integration, and the road ahead
As Uganda celebrates 63 years of independence, attention turns to how the country has navigated its economic journey and positioned itself within East Africa’s integration and global economic agenda. The Independent’s Julius Businge spoke to Julius Kapwepwe Mishambi, a member of the East African Budget Network (EABN) – a professionals’ …
Read More »UDB unveil RISE program to facilitate sustainable development
The RISE platform enables financial institutions to create demand for sustainable finance by turning societal, economic, and environmental challenges into transformational business opportunities Kampala, Uganda | THE INDEPENDENT | On March 20, the Uganda Development Bank (UDB) launched the Reshaping Industries for a Sustainable Economy (RISE) Program, an initiative that is …
Read More »UN World Science Day: Reclaiming Africa’s scientific legacy for peace and development
COMMENT | Gertrude Kamya Othieno | On this UN World Science Day for Peace and Development, the theme “Why Science Matters: Engaging Minds and Empowering Futures” invites us to reflect on the vital role of science in our everyday lives, particularly in tackling global challenges such as climate change, public health, and …
Read More »Africa and the curse of foreign ideas
How our nations’ pursuit of foreign ideologies is an impediment to our growth and transformation THE LAST WORD | Andrew M. Mwenda | By Andrew M. Mwenda | My friends and I have been engaged in a debate about the role of Foreign Direct Investment (FDI) in development. There is widespread belief that development requires …
Read More »Services-led economic development
It’s the way forward for developing countries seeking to enhance labour-absorbing productivity COMMENT | DANI RODRIK & ROHAN SANDHU | The future of developing countries is in services. This may sound odd in view of the fact that industrialisation has been the traditional road to growth and eventual prosperity, one traveled …
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