Ken Ofori-Atta ’88 Is African Finance Minister Of The Year

Ken Ofori-Atta Is African Finance Minister Of The Year

Ghana’s Finance Minister, Ken Ofori-Atta has been awarded the prestigious African Finance Minister of the year at the Annual African Development Bank (AfDB) Meeting in Busan, South Korea.

The award follows Ghana’s recent macroeconomic performance.

Recognised as Africa’s most results-oriented Finance Minister, Ken Ofori-Atta’s prudent economic management has boosted confidence and optimism in Ghana’s economy – hauling it out of a deeply pessimistic economic outlook from a little over a year ago.

Investor confidence in Ghana has been bolstered with the country’s strong showing in its recent bond issuance, which raised US$ 2.0bn in 10-year and 30-year Eurobonds of $1.0bn each.

Years of impact: Liberia adopts Yale capstone student recommendations for national medical education reform

A half-dozen Yale students and faculty members recently met on campus with Dr. Bernice Dahn, the former Liberian Minister of Health, to discuss implementation recommendations by Yale student capstone groups to improve healthcare in the West African nation of Liberia.

The groups’ work began more than three years ago when the Yale Jackson Institute for Global Affairs approached the Yale Global Health Leadership Institute (GHLI) to propose a capstone course related to global health. The senior capstone project allows global affairs majors to gain public-policy experience. GHLI agreed to move forward with the project and nine seniors in the Jackson Institute’s Global Affairs program enrolled in the first course, providing them with an opportunity to assist a real-world client in Liberia.

From Yale SOM, Growing a Business in Africa

After graduating from the University of Wisconsin-Madison in 2011, Xavier Curtis ’18  moved to Addis Ababa, Ethiopia’s capital, with his partner, Eliza Richman. Working at local nonprofits, they found themselves frequently answering the same question at the end of the day: where do you like to eat?

“We didn’t move to Ethiopia with the intention of ever starting a business, but we soon realized this city had a growing tourism scene,’” Curtis says.

Curtis and Richman launched  Go Addis Tours in January 2013 to provide food tours. They quickly added city and marketplace tours to accommodate growing demand.

Israel Tries to Expand Power in Africa

African diplomacy: Israeli Premier Benjamin Netanyahu arrives in Monrovia, the capital of Liberia, for the Economic Community of West African States summit, and Israeli solar panels are offered to Africans

Israel under Prime Minister Benjamin Netanyahu has been intent on nurturing diplomatic ties with sub-Saharan African nations. He was the first Israeli prime minister in three decades to travel to Africa and also attended the Kenyan president’s inauguration and a summit of West African states. About 30 percent of the world’s Muslims live in Africa, and about half the continent’s population is Muslim. Israel’s efforts are multi-pronged and targeted: The country provides security assistance to battle extremist groups like Boko Haram or al Shabaab; pursues trade with countries that are among the fastest growing in the world; and aims to reduce intense opposition to Israeli policies, especially related to Palestinian pursuit of self-determination, at international organizations like the United Nations. Still, Netanyahu quickly capitulated to political opposition in early April, suspending a deal to let African asylum seekers stay in the country. “Despite policy sophistication, Israel does not seem ready to quit the traditional carrot-and-stick approach,” journalist Raluca Besliu concludes. “It may find that long-term connections of mutual interest are more productive.” – YaleGlobal

Low-cost anti-hookworm drug boosts female farmers’ physical fitness

Female farmers carrying jugs of water in Africa.

Impoverished female farm workers infected with intestinal parasites known as hookworms saw significant improvements in physical fitness when they were treated with a low-cost deworming drug. The benefits were seen even in those with low level infections, according to a study co-authored by researchers at Yale and the nonprofit company InnovationsCZ.

The authors say that the beneficial effects of the drug albendazole could be especially important in food-challenged regions of Africa where a large portion of farmers are women and their physical capacity for growing crops and tending to livestock can determine whether their families eat or go hungry.

Boko Haram has kidnapped more girls. Here’s what we know.

Hilary Matfess is a PhD student at Yale University and the author of “Women and the War on Boko Haram. Follow her on Twitter @HilaryMatfess.

The recent Boko Haram abduction of 110 schoolgirls in Dapchi, Nigeria, drew immediate comparisons to the 2014 abduction of more than 270 girls from a school in Chibok. Beyond the media spotlight, what do we know about Boko Haram’s efforts to abduct — and recruit — women and girls?

A lot of the media reporting on Boko Haram misses the roles of women and girls in this conflict. As I describe in my book, “Women and the War on Boko Haram: Wives, Weapons, Witnesses,” though thousands of girls have been abducted by the insurgents, many others joined voluntarily.

Startup Saves Lives by Ridding African Market of Counterfeit Drugs

 Wei Liu, Co-Founder/Chief Science Officer; Amy Kao, Co-Founder/Chief Marketing Officer; Anna Hwang, Director of eCommerce Analytics and Client Engagement; Daniel Adereti, MAM Class of 2017; Ankur Kapadia, President; not pictured: Adebayo Alonge, Co-Founder

More than 100,000 people die every year in Africa from counterfeit medicines, and that number is increasing. Adebayo Alonge (SOM ’16), a student in the SOM Master of Advanced Management program, knows all too well. He nearly died from counterfeit drugs in a Nigerian hospital.

Alonge relayed that experience to Amy Kao (SOM ’17), a former consultant for the pharmaceutical industry, during the 2015 Yale Healthcare Hackathon. Today, Alonge is CEO and Kao is chief marketing officer of RxAll, a company they co-founded that’s building an artificial intelligence platform enabling spectrometers to authenticate legitimate medication.

Operating chiefly in African countries such as Nigeria and Kenya, where counterfeit drugs are widely available, the platform connects hospitals and pharmacies with verified medical wholesalers, informing pharmaceutical manufacturers of counterfeit products in real time. To date, RxAll has received funding from the Nigerian government and the Nigerian Ministry of Health, as well as InnovateHealth Yale and the Yale Entrepreneurial Institute.