UN Declares Central African Republic Is On Brink Of Collapse
From TVZN The Central African Republic is on the brink of collapse and the crisis is threatening to spread beyond its borders, senior UN officials said as they urged the Security Council to help fund...
View ArticleChad Blames CNPC For Oil Spill, Supsends The Chinese Firm
From BBC Djerassem Le Bemadjiel said the China National Petroleum Corporation (CNPC) was to blame for an oil spill in several sites near a forest. He said the situation was “intolerable” but did not...
View ArticleIMF: Djibouti Must Diversify Its Economy To Reduce Poverty
From Yahoo Djibouti’s economy will grow 5 percent this year then accelerate towards 6 percent by 2016 but needs to diversify and tackle unemployment if it is to lift almost half its population out of...
View ArticleTravel Firms Cancel Trips To Egypt Due To Violence
From BBC Europe’s largest tour operator TUI has cancelled all holidays bought by German customers to Egypt until mid-September. The move comes in the wake of the country’s escalating violence,...
View ArticleRetail Giant H&M Turning To Ethiopia To Source Clothing
From The Wall Street Journal H&M is looking to Ethiopia as a new low-cost country in which it will produce clothing, as the apparel retailer races to keep shelves stocked at a growing number of...
View ArticleWest Africa Commission On Drugs To Visit Guinea Bissau
Ghana Business News reports that a delegation of the West Africa Commission on Drugs (WACD) will visit Guinea Bissau from August 19-21 to consult with government and non-governmental institutions on...
View ArticleMTN Cloud Announces Expansion To Ivory Coast
Tech alert. MTN has extended its cloud service offerings to Ivory Coast, reports Human IPO. This move will help small and medium enterprises (SMEs) grow. MTN Cloud offers business automation tools for...
View ArticleKenya Looks To The East for Investment And Business Opportunities
Kenya is reaching out to the East to increase business ties and opportunities. Kenyan President Uhuru Kenyatta announed he plans to spur investment in the country’s burgeoning oil and mineral...
View ArticleMugabe Elected Deputy Chairman, Southern African Development Community
Newly re-elected Zimbabwe President Robert Mugabe was named deputy chairman of the Southern African Development Community, a 15-member inter-governmental organization headquartered in Gaborone,...
View ArticleWalmart Looking To Invest In Kenya
Walmart, which bought South Africa’s Massmart in a $2.4 billion deal in 2011, hopes to buy a controlling share in Kenya’s Naivas supermarket chain, according to Naivas chairman, Simon Mukuha,...
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Incredibly Bizarre Conspiracy Theories
ThinkStockPhotos Everybody loves a good conspiracy theory. And luckily, there are more conspiracy theories out there than actual historical events. Some are based in fact, while others are...
View ArticleDangote To Open Cement Plant In Ethiopia
Dangote Cement has begun construction of a cement plant in Ethiopia that is expected to produce 2.5 million metric tonnes per, according to a report in VenturesAfrica. Owner Aliko Dangote, Africa’s...
View ArticleForecast: Who Will Be Africa’s Biggest Spenders On Oil Drilling
Driven by new offshore oil discoveries, Angola, Nigeria and Egypt are expected to be Africa’s biggest spenders on offshore oil drilling through 2016, according to a report in BusinessDay. Offshore...
View ArticleSouth Africa, Seychelles Implement Tourism Strategy
According to Seychelles tourism minister Alain St.Ange, South Africa tourists numbers are impressive, but not quite as outstanding as the island would like. The Seychelles Tourism Board, South African...
View ArticleSurvey: Three-quarters Of Nigerians Age 30-45 Own Mobile Phones
Patrons of Cheki, Jumia and Konga - three popular Nigerian e-commerce sites – are mostly male, ages 35 to 40, and they have post-graduate degrees, according to Alexa, an analytics company. Mobile data...
View ArticleGhana Focuses on Exporting Commodities And Raw Materials
From News 24 Ghana must learn to process commodities locally rather than depending on exports of raw gold, cocoa and oil products to fuel its fast-growing economy, President John Mahama said on Monday....
View ArticleDanish Development Firm to Oversee Highway Infrastructure Project in Uganda
From Digital Construction Danish firm Cowi has won the output-and-performance-based contract to construct the 400km highway A104 in Uganda. The highway will link Mombasa in Kenya and South Sudan The...
View ArticleMobile Network Operator Diversifying, Selling Insurance In Africa
New Delhi-based telecommunications company Bharti Airtel is partnering with U.K.-based MicroEnsure, a provider of mass-market insurance products, to sell insurance to Airtel customers in Africa,...
View ArticleSweden to Support Rwanda Policy, Program Research
From Biz Tech Africa The Government of Rwanda and the Swedish International Development Agency (SIDA) have signed a USD 8.6 million support agreement aimed at building sustainable national domestic...
View ArticleMore than 100 Churches in Cameroon to be Shut Down by Military
From Christianity Today More than 500 Pentecostal churches call Cameroon home. Yet only 50 are legal, claim government officials in the Central African coastal nation. Other African countries also...
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