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Today in Abidjan, the Governors of the AfDB approved the plan for a capital increase. This is part of a coordinated global effort to increase the resources for the regional development banks in response to the accelerated lending during the financial crisis. But today’s nod is also a serious vote of confidence in the direction of the AfDB under Donald Kaberuka.
This posting is joint with Julia Barmeier
According to its website, the United Nations Educational, Scientific and Cultural Organization (UNESCO) has stopped accepting nominations for its UNESCO-Obiang Nguema Mbasogo International Prize for Research in the Life Sciences. But we are guessing that the applicant pool remains quite small. Frankly, who would want his or her name affiliated with one of Africa’s worst dictators? Besides UNESCO, that is.
Things are still going badly in Zimbabwe, and there’s little doubt that the same old negative forces are to blame. There is also concern that once the attention of the World Cup in South Africa has passed, that the risk of renewed violence will rise.