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/ 13 September 2007
Fuelled by last year’s Nobel Prize for a man nicknamed ”banker to the poor”, microlending to small businesses in the world’s poorest countries is booming as individuals discover they can be their own mini World Bank. And you don’t have to be Bill Gates to get in on the act.
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/ 5 September 2007
Livestock exports and money sent home by Somalis abroad have propped up the Horn of Africa nation’s economy despite a war over the New Year that gave way to an Iraq-style insurgency, the World Bank said on Wednesday. Somalia’s entrepreneurs have learned to thrive despite a lack of government, feuding warlords and an Islamist-led guerrilla war.
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/ 5 September 2007
Seven developing countries in Africa and Asia will be the first to take part in a new global health campaign aimed at directing aid more effectively at the basic needs of poor countries. Health ministers from Burundi, Ethiopia, Kenya, Mozambique, Zambia, Cambodia and Nepal will take part in the launch of the initiative at British Prime Minister Gordon Brown’s office later on Wednesday.
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/ 2 September 2007
Millions across South Asia are struggling to rebuild their homes, and their lives, as receding flood waters reveal the massive devastation caused by monsoon flooding in the region. In Bangladesh, where more than 750 people died due to the flooding, about six million became homeless after surging rivers broke through mud embankments.
Zimbabwean President Robert Mugabe survived years in colonial prisons and still more years of international isolation. He has weathered the challenge of a now weak and divided opposition, seen pressure from Western powers fade, and maintained support from neighbouring countries that still regard him as an African liberation hero.