Tuesday, April 10, 2007
benin update: elections, cotton and power
it seems that despite the assassination attempt of benin's president boni yayi a few weeks back, his party succeeded in gaining control of the parliament. i think this is very good news. also, west africa's cotton industry is "on the brink of collapse" based on world market prices, partly influenced by u.s. government subsidies to domestic crops. lastly, the african development fund is putting $50mil toward a power interconnection project, aimed at improving energy supplied to benin, ghana, togo and nigeria.