@zoomafrika1 This is a wrong analysis - the strength of a currency is not the unit value -any country can alter their currency to a small unit. Value is based on the movement of the currency - how stable it is over a period of time - at least five years.
@M_Jay94 Zambia will have another five years of growth under HH. Question is can they get a successor Head of State and successor Finance Minister of similar competence after 2031 (five years). Those two will be difficult to replace.
@tomhwilliams23 Anyone who saw Cape Verde at AFCON 2024 would not underestimate them. They lost narrowly in the quarter finals on penalties to South Africa. They had more chances than South Africa in the main game.
@TheMutaD@KagutaMuseveni Sweden has just abandoned use of computers in schools before the age of 12. There is enough evidence showing the negative effects on learning.
Tanzania and Uganda have unveiled the largest locally built ship on Lake Victoria at the port of Mwanza.
The vessel can carry 1,200 passengers, 400 tonnes of cargo, and more than 20 vehicles, making it the largest locally manufactured freshwater passenger and cargo ship in East Africa.
It is expected to improve transport and trade across Lake Victoria.
Thank you president @KagutaMuseveni and @SuluhuSamia
@DavidDack It’s more of taking advantage of living and training at high altitude and adopting new training methods. Kiplimos home Kapchorwa is probably the best high altitude site especially as it has hills that increase endurance. Others spend only a month and notice the difference.
@Tesla_GTownTX@ChrisChavez This is such a biased and ridiculous statement. All top level athletes are tested regularly by IAAF more so East Africans. Top level winners are tested even more often. Such a statement without basis is so crazy - these guys live and train at high altitude. Why don’t u visit them
Everyone talks about how Africa needs to “leverage its natural resources” and I don't think people are paying attention to what's actually happening.
Botswana was the success story.
They did everything right with their diamonds for decades, saved money, built solid institutions, avoided the corruption that wrecked other resource-rich countries.
Then lab-grown diamonds showed up.
Debswana's sales dropped over 50% in the first nine months of 2024 compared to the year before. Anglo American has written down De Beers' value by $4.5 billion over two years. The company is now valued at around $4 billion, less than what Anglo paid for just a 40% stake back in 2011.
Lab-grown diamonds now make up around 45-50% of engagement ring purchases in the US.
They are chemically identical to natural diamonds and cost 80-85% less. Gen Z and millennials don't care that it came from the ground.
And Botswana can't do anything about it.
Same pattern with cocoa. Ghana's production collapsed from over a million tons to around 617,000 this season, with 81% of growing areas hit by disease.
Ecuador, Indonesia, Vietnam are all expanding to fill the gap with better yields and fewer headaches.
And that famous “Africa has 30% of world's critical minerals” stat everyone loves to repeat?
When you actually look at the minerals that matter for the green transition, the ones on standard lists like lithium, cobalt, nickel, copper, rare earths, Africa's share of global reserves is under 5%.
The 30% number comes from cherry-picking a few minerals where Africa is strong and ignoring the full picture.
When your commodity becomes difficult to deal with, the market doesn't wait.
It builds alternatives and moves on.
Switzerland has limited natural resources. Nigeria has oil, natural gas, gold, coal, iron ore, and cocoa. Yet Switzerland's GDP per capita is about 95 times higher.
The difference was never what's in the ground.
@CFCCentral3 Are we watching different games? How do you expect him to play in that dense low block? He was linking up very well and disrupting very well. You are too critical. It’s his persistence that got the opposition to tire out.
@wekesa_amos@GODFREY_Kutesa Exactly! We climbed big mountains when we were 14/15. You would reach the peak pretty finished and beaten up. But a huge lesson in resilience.
This is the road from #Rabat to #Marrakech in #Maroc#Morocco, a 319km journey, similar in distance from Lagos to Benin. But the difference in the quality of the roads is night and day. World-class in Maroc. #Nigeria? Jankara roads. Shame on us! 😐🥲
When I argue that we might possess a collective destructive gene, some people get very angry. This is right opposite parliament hotel and has been like this since Saturday. It’s no wonder they don’t want us in some countries. Can’t blame them.
@TheMutaD@DrazzHubby Exactly. Here in Lusaka - all major roads leaving the city are dual carriage way (East, West, North and South) for at least 20km. One is even being increased to 300km - Lusaka to Ndola (Copperbelt). Construction underway - cost $694m.