Politics

By Ayo Morakinyo   VENTURES AFRICA – Stakeholders include persons who come about the idea of a project, provide funds for executing it, work to achieve its objectives, intermittently observe the work to measure its progress and finally utilise its deliverables. Simply put, they are the reasons why projects exist. Since projects are unique and [...]

By ‘Fisayo Soyombo   VENTURES AFRICA — The Nigerian government is coming under increased pressure from aid organisations and rights groups for the release of US$5.4 million that had been promised as aid for lead-poisoned children in Zamfara State.   Although government officials keep sidestepping the subject, Nigerian and international specialists, aid workers, scientists and [...]

By Ayo Morakinyo   VENTURES AFRICA – Governance cannot work without proper management because the functions performed in governance are a subset of what managers do in business. Upon comparing a governor, as a typical prime government player, to a manager, who is the first chief entrepreneur in a business environment, it is seen that [...]

VENTURES AFRICA — Kenya’s latest discovery of oil reserves in its penurious north has technically exposed it to armed insurgencies typical of other oil-producing African states.   The East African country announced in March that British-based explorer, Tullow Oil, had unearthed oil in the distant Turkana County bordering South Sudan, Ethiopia and Uganda, in another [...]

By ‘Fisayo Soyombo     VENTURES AFRICA — What could have led to the beginning of a much-unanticipated peaceful resolution of disagreements between Sudan and South Sudan was frittered away at the weekend with news of fresh conflict in the disputed oil town of Heglig.   Newly independent South Sudan had occupied the rich oil [...]

By ‘Fisayo Soyombo   “Appointed finance minister in February 2012, he ran a $12bn debt reduction agreement with international creditors, one seen as the main achievement of President Kabila’s entire first term (of five years) in office! Ponyo also oversaw a 7 per cent growth in the economy in 2011. And although a report [...]

By ‘Fisayo Soyombo   “A country once famed as one of Africa’s top-three traders of gold ideally has no business with poverty…”   VENTURES AFRICA – Three weeks after a record-shattering putsch that destabilised one of Africa’s hitherto most stable democracies, Mali on Thursday swore in a provisional president, in a move that marks the [...]

(Reuters) – The United States urged Nigeria to tackle an Islamist insurgency in the north by bringing jobs and development to the deprived region, and it pledged to support Abuja in the task.   U.S. Under Secretary for Political Affairs Wendy Sherman said on Monday that the United States was looking to establish a consulate [...]