With Nairobi’s slums, trash heaps and poor infrastructure, the growing city reveals the consequences of a global shift toward urbanization, and the risks of being ill-equipped to make important structural changes to facilitate a rising population. Some promising projects, however, are underway.
Earlier this month, Indian President Pranab Mukherjee went on a six-day tour of Ghana, Cote d’Ivoire and Namibia, where he announced new grant assistance and lines of credit as well as expanded scholarship opportunities. In an email interview, Amanda Lucey discusses India’s outreach to Africa.
Nigeria’s currency, the naira, lost 30 percent of its value after the central bank abandoned its peg to the dollar Monday. The bank’s move was a substantial but long-overdue shift after a year of haphazard and detrimental economic policy under the administration of President Muhammadu Buhari.