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May 2018
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Monday, 21 May 2018

The German government has made available 1.2 million euros (about 1.4 million US dollars) to support households affected by drought in the southern Mozambican province of Inhambane. According to a German embassy press release, this sum will be managed by two non-governmental organisations, namely CARE and Welthungerhilfe (German Agrarian Action). “The German government has provided CARE and Welthungerhilfe with 700,000 euros and 500,000 euros, respectively, to support the neediest households in Inhambane”, announced the release.

Britons' pull out of European Union has been extensively covered all over the world, more so, in East Africa, a region whose three founder members Britain colonised, and four of its member countries are affiliated to the Commonwealth. While the leave campaigners in the UK's referendum accused the "remain" camp of overplaying the repercussions of BREXIT, media houses in the EA region, confined their reports on the engines of globalisation-finance, technology trade, treaties, education, travelling and staying in the UK, underplaying as to why the British want to retain their say as a nation.

The European Commission says it's adopted its highest ever humanitarian aid budget to date, totalling 1.1 billion euros ($1.25 billion) for 2016. Conflict and the related refugee crises have prompted the increase. Announcing a 20-percent hike in the bloc's aid budget on Friday, the European Commission said around 40 percent of its 1.1 billion euros in proposed funding - or 445 million euros - will go to the victims of the Syrian crisis. "The tragic images of children from Aleppo sadly show all too clearly the real human suffering of millions of people around the world caught up in humanitarian crises," a joint statement from EU foreign policy chief Federica Mogherini and EU aid commissioner Christos Stylianides said.

Of all the issues raised by the UK’s recent Brexit vote, one of those of the most concern is that Africa has been “downgraded”. Judging by the debate over the UK’s future relationship with the European Union and its trading partners, Africa is not even on the Brexit agenda. Across Whitehall and the civil service, the brightest and best minds are being pulled off other activities and into the Brexit negotiations, depleting the already under-resourced Africa teams.

As Britain chose to leave the European Union, sending shock waves through the global markets, experts remain uncertain on how this would impact African economies. Trade and investment would certainly be affected as most of the trade arrangements the UK has with African countries were negotiated through the EU. By 6:30 a.m. on 24 June, less than 12 hours after a successful referendum on Brexit (Britain's exit from the European Union), South Africa's currency, the rand, took the first blow. It plunged by almost 8% from R14.33 to R15.45 against the US dollar, its steepest single-day decline since the 2008 financial crisis.