NewVision: Africa-based agriculture entrepreneurs get $10m boost ? Ten million dollars have been granted to the Alliance for a Green Revolution in Africa (AGRA) by Sweden this week to enable Africa-based entrepreneurs to submit new and innovative business solutions to accelerate the development of the agricultural sector in Africa through a new program called the African Enterprise Challenge Fund. The challenge will also be awarding initiatives with particular focus to the empowerment of women and environmental sustainability. (Patrick Jaramogi)
CNN: The man who brought MTV to Africa ? Alex Okosi may have left Nigeria at a young age, but he never forgot his roots. After earning his way into an executive position at MTV in the United States, Okosi knew he could not ignore a continent with such vibrant youth culture such as his home. Since bringing MTV to Africa, Okosi?s company has empowered local artists to produce and film music videos which are now being shown all over the world. (Nkepile Mabuse)
WP: In Niger, flooding adds to humanitarian woes ? In the past, Niger?s climate has been known for its crippling droughts, leaving much of the country in a hunger crisis. But this time, the rains just won?t stop. Over a half-million people have been displaced, and more than 80 people have died as the country faces its worst floods in nearly a century. (Sudarsan Raghavan)
WSJ: Study says development aid remains opaque despite progress ? Although accountability and transparency have seen a positive increase in development aid, the 2012 Aid Transparency Index has found that many organizations still are lacking in publishing important information that is vital to truly deliver on aid promises. Of the 72 organizations rated, nearly half of them surveyed rated in the ?poor? and ?very poor? categories. (Samuel Rubenfeld)
Reuters: Output not stockpiles key to cap food cost-EU aid chief ? Last month, in effort to fight hunger crises caused by drought, France proposed the creation of strategic food stockpiles, to help battle skyrocketing food prices when disaster strikes. The UN aid chief however, believes fighting drought-pricing is not in stockpiling food, but rather by increasing the amount of food production in Africa to allow stronger food security by keeping prices low for the world?s poorest. (Silvia Aloisi)
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