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Carnegie Endowment for International Peace Source: Getty Summary: Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts. Related Media and Tools If you enjoyed reading this, subscribe for more! Thank you! Summary For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the International Monetary Fund (IMF), Christine Lagarde, “We know that economic diversification is good for growth. Diversification is also tremendously important for resilience.” Unfortunately, this goal continues to elude many African countries. In fact, the continent is home to eight of the world’s fifteen least economically diversified countries. This reality weakens the foundation of their economic transfomation and slows their pace of progress. It also ma ....
I want to share with Ugandans what bothers me about Covid-19 and related vaccination. I think certain issues must be understood before we start the Covid vaccination. Uganda has reportedly ordered for more than 18 million dozes as reported by Xinhua, December 10, 2020. The vaccine is to be secured through Global Alliance for Vaccines and Immunisation (GAVI) to cover 20 per cent of the country’s total population of 45 million people. Job Bwire, quoting Ms Judith Nabakooba, the Minister of ICT said, the first batch of COVID-19 vaccine will arrive by May or June this year. The vaccine to be used is from the British pharmaceutical company called Astra Zeneca. President Museven in an exclusive interview with Vision Group’s platform said, schools will reopen only after the country has secured a vaccine to fight infection of Covid-!9 . ....