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    <title>Global South World - Paraguay</title>
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    <description><![CDATA[News, opinion and analysis focused on the Global South and rising nations across the world. Delivered by journalists on the ground in Africa, Asia, Europe and the Americas. From politics and business to technology, science and social issues, Global South World is the first place to come for accurate and trusted information.]]></description>
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      <title>Paraguay Roundup: Paraguay confronts violent crime, regional insecurity, renewable energy gains</title>
      <link>https://www.globalsouthworld.com/article/paraguay-roundup-paraguay-confronts-violent-crime-regional-insecurity-renewable-energy-gains</link>
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      <pubDate>Mon, 25 May 2026 21:26:17 Z</pubDate>
      <description><![CDATA[<h3>Investigation continues into fatal shooting of young man in Ñemby</h3>
<p>Authorities in Paraguay are continuing  investigations into the death of a young man  who suffered a gunshot wound to the chest in the city of Ñemby, a case that has intensified public concern over violent crime and urban insecurity. The incident reflects broader anxieties surrounding public safety in parts of Paraguay where violent crime, armed confrontations, and street-level insecurity have increasingly drawn national attention. Fatal shootings involving young people often generate strong public reactions because they highlight both the vulnerability of youth and the limitations of local security responses. The death has also renewed debate around crime prevention policies and the effectiveness of law enforcement strategies in rapidly growing areas surrounding the capital region.</p>
<h3>Paraguay opens renewable energy sector to private sales and tenders</h3>
<p>Paraguay has  regulated its renewable energy law , allowing private firms to generate, sell, and export clean energy, including solar and wind power. The reform opens the door for ANDE to launch international tenders, including a delayed 140 MW solar project in Chaco Central, with contracts lasting up to 30 years. President Santiago Peña called it “a decisive step” to attract investment, diversify energy sources, and meet growing electricity demand, while a new state-backed trust aims to reduce payment risk for private investors.</p>
<h3>Paraguay expects 800 MW of new energy capacity led by the private sector</h3>
<p>Paraguay plans up to  800 MW of new energy capacity  as rising demand pushes the government to attract private investment through long-term contracts and its first 140 MW solar tender in Chaco Central. Officials say electricity demand grew by 18% in 2024 and 12.5% in 2025, well above historical levels, with Vice Minister Mauricio Bejarano stating: “The private sector will be the major player going forward in Paraguay.”</p>
<h3>Paraguay traces Marset cocaine route from Bolivia to Europe</h3>
<p>Paraguayan prosecutors have  indicted Gianina García Troche , former partner of Uruguayan trafficker Sebastián Marset, outlining a drug network that moved cocaine from Bolivia to Europe through Paraguay. According to El País, the operation involved nearly 1,000 clandestine flights across the Paraguayan Chaco and the export of 17,340 kilos of cocaine seized in Belgium and the Netherlands, with an estimated European market value of up to USD 434 million.</p>
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      <source url="https://www.globalsouthworld.com">Global South World</source>
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        <media:credit role="photographer">Cesar Olmedo</media:credit>
        <media:credit role="provider">REUTERS</media:credit>
        <media:title>Paraguay's President Pena speaks during an interview with Reuters, in Asuncion</media:title>
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      <dc:creator><![CDATA[Abigail Johnson Boakye]]></dc:creator>
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      <title>Nigeria leads race to $100 billion GDP as Africa’s economic growth story accelerates</title>
      <link>https://www.globalsouthworld.com/article/nigeria-leads-race-to-100-billion-gdp-as-africas-economic-growth-story-accelerates</link>
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      <pubDate>Fri, 22 May 2026 20:06:26 Z</pubDate>
      <description><![CDATA[<p>Nigeria reached the $100 billion gross domestic product milestone faster than any other African country after independence, underscoring the scale and pace of economic expansion among several of the continent’s largest emerging markets over the past four decades.</p>
<p>According to IMF data compiled by African business intelligence platform  Intelpoint  and visualised by World Visualized, Nigeria achieved a GDP above $100 billion in 1994, just 34 years after independence in 1960.</p>
<p>The ranking tracks how long African countries took to surpass the $100 billion GDP mark between 1988 and 2025, revealing significant differences in growth trajectories across the continent.</p>
<p>Angola ranked second, reaching the milestone 36 years after independence, while Algeria followed at 43 years. Morocco, Kenya and South Africa also featured prominently among Africa’s fastest-growing economies by long-term GDP expansion.</p>
<p>The findings highlight how resource wealth, population growth, industrialisation and economic reforms have shaped Africa’s emergence as one of the world’s most dynamic economic regions.</p>
<p>Nigeria’s rise to a $100 billion economy was driven largely by oil exports, rapid urbanisation and its growing population, which is now estimated by the United Nations to exceed 220 million people.</p>
<p>As Africa’s largest oil producer for decades, Nigeria benefited heavily from petroleum revenues during the late 20th century, helping finance infrastructure, banking expansion and import-driven consumer growth.</p>
<p>Economic analysts say Nigeria’s large domestic market also gave it advantages unavailable to many smaller African economies.</p>
<p>Despite repeated currency crises, inflation shocks and governance challenges, the country remains one of Africa’s largest economies by nominal GDP alongside South Africa and Egypt.</p>
<p>The International Monetary Fund has projected continued medium-term growth for Nigeria, supported by services, telecommunications, financial technology and a fast-expanding digital economy.</p>
<p>Angola reached the $100 billion threshold in 2011, approximately 36 years after independence from Portugal in 1975.</p>
<p>The country experienced one of Africa’s fastest economic expansions during the 2000s, largely due to booming crude oil exports and rising Chinese investment after the end of its civil war in 2002.</p>
<p>At its peak, Angola became one of China’s largest African oil suppliers, helping fund large-scale  infrastructure  reconstruction projects including roads, railways and housing developments.</p>
<p>However, economists note that Angola’s heavy dependence on oil left the economy vulnerable to global commodity price swings, particularly during the 2014 oil market collapse.</p>
<p>Algeria and Morocco both ranked among the continent’s fastest economies to surpass a $100 billion GDP.</p>
<p>Algeria crossed the mark in 2005, driven largely by hydrocarbon exports. The country possesses some of Africa’s largest natural gas reserves and remains a major energy supplier to Europe.</p>
<p>Morocco reached the milestone in 2008 after decades of gradual industrial diversification and export-oriented growth.</p>
<p>Unlike several oil-dependent economies, Morocco expanded sectors including automotive manufacturing, phosphates, renewable energy and tourism.</p>
<p>The country has increasingly positioned itself as a manufacturing and logistics hub connecting Europe and Africa through major infrastructure projects such as the Tangier Med port complex.</p>
<p>Kenya became one of the newest African economies to exceed a $100 billion GDP, reaching the threshold in 2019.</p>
<p>The East African nation has built a reputation as one of the continent’s leading technology and financial centres, anchored by Nairobi’s role as a regional commercial hub.</p>
<p>Kenya’s economy has benefited from growth in mobile banking, agriculture, transport and digital  services .</p>
<p>Ghana reached the $100 billion benchmark in 2025, according to the IMF-based Intelpoint analysis, highlighting the growing economic significance of  West Africa  beyond Nigeria.</p>
<p>The country has expanded rapidly over the past two decades through gold production, oil exports, cocoa trade and services growth.</p>
<p>Meanwhile, Ethiopia crossed the threshold in 2022 after roughly 81 years, despite never being formally colonised apart from a brief Italian occupation during the 1930s and 1940s.</p>
<p>Ethiopia recorded some of the world’s fastest growth rates during the 2000s and 2010s, powered by state-led infrastructure investment, manufacturing expansion and agricultural reforms.</p>
<p>However, conflict, debt pressures and foreign exchange shortages have recently slowed momentum in Africa’s second-most populous country.</p>
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      <source url="https://www.globalsouthworld.com">Global South World</source>
      <media:content url="https://gsw.codexcdn.net/assets/as6a9NIdzCBoVJGWe.jpg?width=1280&amp;height=720&amp;quality=75&amp;r=fill&amp;g=no" medium="image" type="image/jpeg">
        <media:credit role="photographer">Abigail Johnson Boakye</media:credit>
        <media:credit role="provider">World Visualized</media:credit>
        <media:title>SnapInsta.to_703633856_17965356360119481_2688094379937978599_n</media:title>
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      <dc:creator><![CDATA[Abigail Johnson Boakye]]></dc:creator>
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