AfDB Approves $184 Mln Loan To Boost Nigeria’s Private Power Investments
The African Development Bank (AfDB) has approves $184.2 million loan to encourage private investments into the Nigerian power sector, PUNCH reported.AfDB also said it had approved $3.1 million loan to...
View ArticleAfrica’s Bid For Own Refined Fuel Dashed By Fierce Foreign Competition
From ReutersAfrica’s efforts to supply more of its booming demand for fuel are being dashed by fierce competition from foreign oil refiners and traders flooding the $80 billion market with...
View ArticleAFKI Commodities Report: Copper And Oil Lower On Fed Taper
In a move that surprised many investors, the U.S. Federal Reserve announced plans to begin cutting its $85-billion-a-month bond-buying program.The Fed tried to temper the move by suggesting its key...
View ArticleWhy Companies Should Listen To Africans
Every year the developed world sends billions of dollars in aid and foreign direct investment into Africa and the rest of the Global South.The amounts, geographic directions and purposes of these...
View ArticleMobile Trend Predictions 2014: A New Phase, Mobile 3.0
A global consumer survey indicates 2014 will herald a new phase in mobile technology with consumers willing to spend more but trust less, according to a report in BizCommunity.MEF, the global community...
View ArticleSwiss Continue Freeze On Egypt, Tunisia Assets
From iOL The Swiss government has decided to keep 760 million Swiss francs ($858 million) in Egyptian and Tunisian assets frozen for three more years.Switzerland’s seven-member Federal Council, which...
View ArticleUN Under Attack; S. Sudan Refugees Seek Shelter At Bases
Up to 40,000 civilians have taken refuge in U.N. bases in South Sudan despite U.N. peacekeeping forces coming under attack by rebel forces in the country.The U.N. said 20 people died during an attack...
View ArticleStandard & Poor’s Warns South Africa On Twin Deficits, But Affirms Rating
From BloombergStandard & Poor’s kept South Africa’s credit rating at BBB, while warning that a deterioration in the nation’s current-account and fiscal deficits may prompt a second downgrade.While...
View ArticleEconomic Reforms Resulted In Growth, Senegal’s Finance Minister
From BloombergSenegal’s economy is forecast to expand 4.6 percent in 2014 from 4 percent this year as the government take steps to improve the business climate and shore up state revenue, Finance...
View ArticleSouth Africa’s Biggest Labor Union Ends ANC Support
From BloombergThe National Union of Metalworkers of South Africa, the country’s biggest labor group, said it won’t endorse the ruling African National Congress in next year’s election and called on...
View ArticleTanzanian Fires Four Ministers Over Poaching Scandal
From Yahoo! Tanzanian President Jakaya Kikwete has sacked four government ministers following accusations of abuses committed by security forces during a huge operation against wildlife poaching.The...
View ArticleChina Evacuating South Sudan Oil Workers To Capital
From Yahoo!China National Petroleum Company, a main oil investor in South Sudan, is evacuating oil workers to the capital, Juba, amid continued fighting in the world’s newest country, a company...
View ArticleProtesters In Niger Want French Nuclear Company To Pay More Tax
The citizens of Niger want a French nuclear firm pay more taxes. More than 1,000 protesters marched to the offices of Areva in Niger’s capital Niamey recently to demand that the company pay more in...
View ArticleIllegal African Immigrants Sew Mouths Shut In Italy To Demand Release
Nine illegal immigrants from Tunisia and Morocco are detained in Italy have stitched their lips together with thread from their bedsheets in a protest to demand their release from what they say are...
View ArticleLibya Protesters Shut Down Internet Service In West, South
The Internet in parts of Libya were shut down by protesters recently. According to a Libyan official, protesters stormed the main headquarters of major telecommunication companies, disrupting Internet...
View Article10 Cool Modern Buildings Inspired By Ancient Egypt
When structures were built in ancient Egypt, architectural techniques were limited so aesthetics weren’t exactly chosen so much as imposed by the technology of the time. Nonetheless, the results were...
View Article10 Bizarre Laws You Can’t Believe are Still on the Books
Law and order is usually considered a good thing — it keeps people in line, guides society along moral standards, and keeps everyone safe. Usually. But sometimes, it seems, lawmakers come up with ideas...
View ArticleQ&A With First African Woman To Lead Africa-America Institute
Amini Kajunju has a lot on her plate. As president & CEO of the Africa-America Institute (AAI), the U.S.-based native of the Democratic Republic of Congo is the first African woman to serve at the...
View ArticleMost Decorated Olympians Of All Time
Ah, the Olympics. The time for the world’s greatest athletes to demonstrate their incredible abilities and bring glory for their countries. And the time for companies to capitalize on Olympic-themed...
View ArticleBrent Crude Sees $112 Per Barrel Two-Week High On South Sudan
From Nigerian BulletinBrent crude hit a two-week high near 112 dollars a barrel on Monday as internal strife in South Sudan threatened the country’s oil output, adding to supply woes in Africa.South...
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