Human rights risks are surfacing closer to home for western companies at the very time that legislation to clamp down on abuses strengthens and increases scrutiny on business practices, warns a new report from Verisk Maplecroft. The report also says that supply chain due diligence to track and prevent human right violations is not fit for purpose. Verisk Maplecroft’s Human…
Estimates suggest that of the 1.2 billion people in the world who do not have access to electricity, half live in Africa. One way forward to solve Africa’s power supply problem is to give people access to electricity through the development of off-grid and ‘mini-grid’ solutions. However, this technology remains nascent and there are a number of barriers to widespread uptake.
Many of the world’s key shipping routes take vessels around African coasts, so the security of African seas and ports is crucial to keep trade flowing. Liz Booth looks at some common threats in African waters.
Leading insurers and risk managers around the world are issuing serious warnings to shipowners of the growing piracy and other operational risks in west Africa.
A Turkish textile factory and mine owned by Aliko Dangote are reported to have been attacked in the past month, as violence and civil unrest hit Ethiopia.
Modern slavery is “rife” in 58% of 198 countries studied for a new global ranking by Verisk Maplecroft with China and India amongst 25 economies posing “extreme” related supply chain risk.
Risk audits are needed across many international industries to dodge fines and reputational damage as US regulator targets the many companies that use minerals from Congo region. Adrian Ladbury reports from the IRMSA conference in Johannesburg on the latest transparency and governance squeeze carried out on an international basis.