Lesotho's Economy at a Crossroads
After many years of relying on South Africa for economic advancement, the country's economy now faces a crossroads due to its largest neighbour's economic difficulties.
The country is one of Africa's largest textile manufacturers.
The International Fund for Agricultural Development is providing U.S.$10 million to help small farmers boost agricultural production. Read more »
The government has had a change of heart and plans to spend 100 million maloti (US$12.7 million) over the next two years in an effort to breathe life into the crucial textile ... Read more »
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