The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
Some 120,000 children under the age of five in Southern African countries die every year from diarrhoea, which is primarily caused by lack of access to clean water and sanitation.
By Asmaa Waguih
On a bridge that overlooks the Nile, a couple stands close to one another, planning for their future. A fisherman passes under the bridge in the boat his sons are rowing and a larger vessel approaches blaring loud music, with young people dancing inside and enjoying a cruise. Elsewhere, school children stand on the bank near some rocks and take a dive into the water to cool off. Everything’s happening on the Nile – this is the lifeblood of Cairo.
As India's western state of Maharashtra reels from the worst drought in over four decades and millions of people face the risk of hunger, a top official has sparked outrage with a crass, insensitive joke that he should urinate in the region's empty dams to solve water shortages.
There's cash in that trash.
Analysts at Bank of America/Merrill Lynch are expounding opportunities to profit from the burgeoning waste disposal industry, which it estimates at $1 trillion at present but says could double within the next decade. They have compiled a list of more than 80 companies which may benefit most from the push for recycling waste, generating energy from biomass and building facilities to process or reduce waste. It's an industry that is likely to grow exponentially as incomes rise, especially in emerging economies, BofA/ML says in a note: