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Oil Companies Accept Uganda Government Blueprint

AFRICANGLOBE - The government of Uganda has sighed a memorandum of understanding with oil companies to support sustainable Development of the Discovered Petroleum Resources in the Albertine Graben.

Uganda Signs Agreements With Oil Companies

AFRICANGLOBE - Uganda on Wednesday signed a Memorandum of Understanding (MoU) on the sustainable development of petroleum resources discovered in the country with licensed oil companies. The signing of the memorandum is seen as the first step in speeding efforts to start oil production, while offering a roadmap for the commercialisation of petroleum resources.

Africa: From Dependency To Growth And Development

AFRICANGLOBE - First and foremost, Africans and their leaders need to recognize that development is generated from within, not from without. However, development partners should extend to Africa a helping hand through untied and predictable aid

World Bank Lauds Rwanda On Food Security

The World Bank Vice President for Sustainable Development, Rachel Kyte, said Rwanda put in place the right measures to ensure a food secure population. "This is one of the countries where you can see the impact of investment made after the 2008 food crisis," Kyte said Sunday during a news conference at the World Bank office in Kigali after her three-day visit during which she toured various projects funded by the bank across the country. She added that the government's response was to ensure that any future food crisis will not have direct impact on Rwanda.

Ethiopia Calls for Long View on Sustainable Development in Horn of...

Ethiopia called today from the General Assembly not only for immediate aid to help the 13.3 million victims of drought and famine in Somalia and elsewhere in the Horn of Africa but also for the "even more crucial" means to achieve sustainable development in the region.

Nigeria's Central Banker Identifies Path to Sustainable Development

Central Bank governor Sanusi Lamido Sanusi has said that Nigeria cannot achieve the much desired sustainable economic development unless it puts in place a sound, efficient and stable financial system. He added that the country needed a macroeconomic and financial stability to achieve development.