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The article reports on investments in the water sector of Africa. It mentions that Africa depends on donor organizations to fund water projects including the World Bank, African Development Bank, and Germany KfW bank. Although there is an increase in the funding of water development projects, the lack of communication between donor organizations may lead to a misuse of resources. To address this issue, African states are adopting more focused approaches in investment. In Tanzania, donated funds are collected and allocated for each project. The article also discusses the efforts for cooperation between African states.

This section offers Africa news briefs. Akinwumi A. Adesina, Nigerian Agriculture and Rural Development Minister, was elected 8th Bank President at the 50th Annual Meetings of the African Development Bank. Zimbabwe will officially take its Zimbabwean dollar starting on June 11, 2015 after it was rendered worthless due to hyper-inflation. Extremist groups in Libya has taken over much of Libya's radio, television and printed press infrastructure.

The article discusses issues on the economic, financial and technical issues on Africa as of November 15, 2014. Topics include the mid-term budget statement of South Africa with slashed economic growth forecast due to insufficient revenue to cover spending, the 14th African Economic Conference (AEX) held in Ethiopia from November 1 to 3, 2014 which focused on research and innovation for the transformation of Africa, and regulatory reforms in Sub-Saharan Africa according to World Bank Group.

This publication covers economic, financial and technical issues from Africa. Such issues include continental developments, policy and practice, industries, and communications and transport. The publication also covers China's growing share of South Africa's manufacturing import and export markets and foreign loans.

Reports on economic assistance received by African countries from other countries as of March 2005. Decision of the Canadian government to increase its aid program for the continent; French assistance to the Congo Basin; Japanese government's aid to the Congolese government's drive to eradicate polio and control measles.

In This Issue South Africa Top Investor 15879 Gabon Harder Times Ahead 15881 Swaziland IMF Review 15885 Zimbabwe "Standstill" Budget 15889 Stock Market Pan-African Exchange 15892 Algeria Sonatrach Expands 15905 Contents Continental Developments 15877 Policy and Practice 15881 Communications and Transport 15893 Commodities 15897 Industries 15905 Economic Aid 15909 Rates 15908 Index 15910 [ABSTRACT FROM AUTHOR]

The article discusses the 2015 African Economic Conference (AEC) summit meeting co-organised by the African Development Bank (AfDB), the United Nations Economic Commission for Africa (ECA) and the United Nations Development Programme (UNDP) held on November 2-4, 2015 in Kinshasa, Congo.

The article discusses the statement of the International Monetary Fund on the economic growth in Gambia, Africa. It also explains the Gambia's policy strategy that became successful in maintaining macro-economic stability and sustaining high growth. The article also mentions that the press release of International Monetary Fund states that there has been a strong growth in the national gross domestic product as compared to the previous year. Monetary policy and changes in the local currency are also discussed in the article.

The article discusses the problems of industrialization in the African continent. Kandeh Yumkellah, director-general of the United Nations Industrial Development Organization (UNIDO) informed that the rapid urbanization of Africa is threatening the political and socio-economic factors of urban poverty due to lack of structural transformation of its economies particularly sectors that generate jobs and wealth. He thinks that African leaders should distinguish between poverty reduction and poverty management wherein the former can be achieved through effective and sustained private wealth creation, rapid economic transformation and growth. Yumkellah also discussed the importance of finding solutions to the current energy crises.

The article highlights the report published on September 6, 2006 by the International Finance Corporation, which shows that Africa has made the top three among reforming regions. It discusses Africa's efforts to eliminate red tape and improve business regulation. The article reveals that two-thirds of African countries have implemented at least one pro-business reform since 2005.

This section offers updates on activities of the International Monetary Fund (IMF) in Africa as of April 2013. The IMF has completed the second Extended Credit Facility (ECF) review for Burundi. The Guinea government and the IMF have agreed on policies following the completion of the second ECF review for the country. Libya has been recognized by the IMF Libya for making strides in economic recovery, growth and development following the 2011 revolution.

The article reports that the China-Africa Development Fund worth $5bn, which is noted by Beijing as an economic assistance, will be utilized for Chinese enterprises and its projects for Africa. Relative to this, development experts believes that this tying aid to purchasing services and goods from the donor country is inefficient and wasteful while majority of the donor governments have been abandoning it because they that tying aid minimizes its effectiveness by as much as a quarter. On the other hand, most of the aid assistance of Beijing to Africa requires the construction of infrastructure and other contracts to be divided up.

Reports that the United Nations Development Program has earmarked 172 million dollars for the Small Grants Program in Africa under the Global Environment Facility.