Latest COMESA region news
- Improving economic opportunities and prospects for the world’s least developed countries remains a key global challenge. At last week’s Global Forum on Inclusive Trade for Least Developed Countries, governments, businesses, NGOs, and researchers gathered at the World Trade Organization’s headquarters in Geneva to discuss the importance of trade to the economic and social development of least developed countries — and the unique challenges they face.
In the past two decades, hydropower development has picked up after a substantial decrease in the 1990s. Though most construction was in Asia, the potential for hydropower is greatest in Africa. Only one-third of Africans have access to modern energy, and the population is growing rapidly. This is an investment opportunity for all kinds of power technologies, but especially for hydro, since only 8 percent of Africa’s vast hydro resources have been developed.