See also:
» 16.11.2010 - Lesotho's China-made parliament delayed
» 23.04.2010 - Lesotho adopts new system to cut on road accidents
» 05.10.2009 - Lesotho signs $25 million agreement with WB
» 23.09.2009 - Lesotho will be hard-hit by declining SACU revenues
» 04.06.2009 - Southern Africa gets EPA deal with Europe
» 11.02.2009 - Lesotho gets first MCA's funds to kickstart projects
» 29.09.2008 - Lesotho and partners review development strategies
» 25.07.2008 - Lesotho prince questions African development strategies











China wholesale online through DHgate.com


Houlihan's coupons


Finn autentiske matoppskrifter fra hele verden på Verdensmat.no:
Gazpacho Børek Kartoffelsalat Taboulé Gulasj Albóndigas Cevapi Rougaille Japrak sarma Zwiebelbrot Klopse Giouvetsi Paella Pljeskavica Pica pau Pulpo a la gallega Flammkuchen Langosj Tapenade Chatsjapuri Pasulj Lassi Kartoffelpuffer Tortilla Raznjici Knödel Lentejas Bœuf bourguignon Korianderchutney Brenneslesuppe Proia Sæbsi kavurma Sardinske calamares


Autentiske matoppskrifter fra hele verden finner du på Verdensmat.no:
Réunion Portugal Aserbajdsjan Serbia Tyskland Seychellene Bosnia Spania Libanon Belgia India Kroatia Hellas Italia Ungarn Komorene Georgia Mauritius Østerrike Romania Frankrike


Lesotho
Economy - Development | Health

US disburse $362.6 million for Lesotho's development

afrol News, 17 September - Lesotho's resolve in uprooting corruption, especially in implementation of large projects should be testimony to its cooperating partners, of its capacity and commitment to development.

Prime Minister Pakalitha Mosisili, left no stone unturned today at the launch of entry into force of US$362.6 million millennium challenge account (MCA) grant for Lesotho's development projects.

The five-year compact will fund about 17 projects in areas of health, water and private sector development, all aimed at reducing poverty and increasing economic growth.

Mr Mosisili said launch of compact disbursement today was marking a day when plans on paper could become a reality, calling on all tasked with implementation of projects to bring a true meaning of the grant to ordinary lives of men and women in villages of Lesotho.

He reminded the nation that launching of entry into force was genuine start after preparations and planning, appealing to all to ensure success for future generations of Lesotho. "We can no longer afford to fail, failure is not an option in the implementation," Mr Mosisili stressed.

He also appealed to all those engaged in implementation to do away with partisan politics and other petty social ills, which have been holding back national development, saying MCA implementation was above party politics. "I say leave your party politics at your homes, even if your party is that of mine," Mr Mosisili said boldly.

United States Ambassador to Lesotho Bill Nolan said entry into force of Lesotho compact was not only an historic moment for both countries. "Today Lesotho compact becomes effective. Today the US government will officially obligate $362.5 million grant," he said.

He also said the day marked an era when challenges will be left behind and focus be on future, adding that MCC believed in involving everyone from civic groups, elected officials, and ordinary people, in development processes.

Lesotho's compact is said to be one of the most ambitious ever signed by MCC, said Mr Nolan, who added that US government has confidence in Basotho people and thus the grant approval.

He mentioned that apart from MCC grant, US also has strong commercial ties with Lesotho, mentioning returns of over $500 million annually from textiles exports as well as jobs created from AGOA benefits in Lesotho.

Ambassador Nolan also mentioned that in addition to Global Fund's contribution to fight against HIV and AIDS to Lesotho, US government under president's emergency plan for AIDS relief was also to make an injection of $140 million in the next five years which will focus heavily on prevention as well as building capacities in human resources in health care to complements Lesotho government's efforts.

Lesotho's compact with MCC was signed in July 2007 and aims at increasing among others clean and safe water to mainly urban households as well as increasing manufacturing sector through lowlands water project, while also improving health infrastructure and services especially for poor rural communities. The project will also seek to expand economic activity for private sector development by improving access to finance, especially for marginalised groups such as women.

Lesotho is a small kingdom, which gained independence from Britain in 1966 and is completely surrounded by republic of South Africa. With a population of just below 2 million, Lesotho has one of the highest HIV/AIDS prevalence with 23.2 per cent of adults infected.


- Create an e-mail alert for Lesotho news
- Create an e-mail alert for Economy - Development news
- Create an e-mail alert for Health news


 
    Printable version


On the Afrol News front page now

Rwanda
Rwanda succeeds including citizens in formal financial sector

afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.

Famine warning: "South Sudan is imploding"

afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
Guinea
Panic in West Africa after Ebola outbreak in Guinea

afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
Ethiopia
Ethiopia tightens its already strict anti-gay laws

afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
Ethiopia
Ethiopia plans Africa's biggest dam

afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.



front page | news | countries | archive | currencies | news alerts login | about afrol News | contact | advertise | español 

©  afrol News. Reproducing or buying afrol News' articles.

   You can contact us at mail@afrol.com