November 26, 2018
Africa: South Africa Announces $1 billion Investment in South Sudan's Oil Industry
South Africa's Minister of Energy Jeff Radebe announced his country's plans to invest one-billion U.S. dollars in South Sudan's oil sector, including in the construction of a… Read more »
November 23, 2018
Africa: 'Voluntary Colonialism'? No Thanks.
As if the scramble for Africa wasn't bad enough, Germany's personal representative of Angela Merkel for Africa, Günther Nooke, says Europe deserves a second chance to screw… Read more »
November 22, 2018
South Africa: Hard Times Ahead for South Africa After Rate Hike
Lesetja Kganyago, Governor of the South African Reserve Bank, has announced that the repo rate will rise from 6.5% to 6.75%. The decision was not made lightly, Kganyago said, as… Read more »
Equatorial Guinea: American Company Will Lose Oil Contracts Over Local Laws - Minister
Equatorial Guinea's Minister of Mines and Hydrocarbons, Gabriel Mbaga Obiang Lima, has ordered all energy operators in the country to cancel all contracts with U.S. based oil… Read more »
November 21, 2018
Mozambique: Central Bank Governor Blames Cyber-Attack for Banking Crisis
The governor of the Mozambican central bank, Rogério Zandamela, has told parliament that a Portuguese software company, Bizfirst, carried out "cyber-attacks" on the… Read more »
November 13, 2018
South Africa: High Court Orders Liquidation of VBS Bank
The North Gauteng High Court has ordered the liquidation of VBS Mutual Bank, eNCA reports. This comes after an application by the South African Reserve Bank's Prudential Authority… Read more »
November 12, 2018
Africa: Bank Finance Program Mobilizes Resources for Poorest Nations
The number of people living in extreme poverty around the world continues to decline – in 25 years, extreme poverty was reduced from 36 percent to 10 percent, which… Read more »
South Africa: After State Capture - Populism, Corruption & Decline or Growth, Jobs & Prosperity?
Former Deputy Finance Minister Mcebisi Jonas is renowned in South Africa as the man who refused a $40 million bribe and the finance minister's job, offered to him by former… Read more »
November 06, 2018
Uganda: Head of the House Never Goes into the Kitchen - Museveni
Do people still believe a woman's place still is in the kitchen in the 21st century? Well, Ugandan president Yoweri Museveni seems to think so. The 74-year-old has come under fire… Read more »
Nigeria: Fast, Free Google WiFi Could Transform Nation's Health
Nigeria is the fifth country – and the first in Africa – to get Google Station super-fast Internet at selected locations. Read more »
October 31, 2018
Africa: Trade Holds Key to Wealth Creation - Afreximbank's Oramah
The African Export-Import Bank (Afreximbank) is one of the long-established but lesser known continent-wide institutions. Created by African governments and private and… Read more »
October 26, 2018
Africa: Spotlighting Innovation for Infrastructure – CCA's Florie Liser
The 25-year-old Washington, DC-based Corporate Council on Africa (CCA) is hosting on 5-6 November in Johannesburg its first U.S.-Africa Infrastructure Conference to be held outside… Read more »
October 25, 2018
Africa: 'We Were Never Meant to Struggle' - Samia Nkrumah Speaks on Why Africa Needs to Unite
In an exclusive interview, Samia Yaba Nkrumah explains why a more profound African unity is needed to achieve the benefits of democracy - economic growth and prosperity for all. Read more »
Africa: 'Fragile Countries' Urge 'Trade for Peace' at WTO Forum
The g7+ grouping of nations – a voluntary association of countries in transition from conflict to development – is not as well-known as the G7 group of leading… Read more »
Africa: Foreign Investment Key to Prosperity - U.S. Diplomat Nagy
The American administration's top diplomat for African affairs, Assistant Secretary of State Tibor P Nagy, Jr, will soon make his first trip to the continent since his appointment.… Read more »
October 18, 2018
Ethiopia: 'Inclusiveness and Co-existence' Are Critical in Ethiopia – PM Abiy Ahmed
Ethiopian Prime Minister Abiy Ahmed Ali shares his predecessor Hailemariam Desalegn's view that democracy is key to Africa because of the urgent need to meet seismic demographic… Read more »
October 17, 2018
Africa: Africa Needs to Invest Much More in Its People
Progress in the fight against extreme poverty in Africa has been way too slow. Although the poverty rate has declined from 54 percent in 1990 to 41 percent in 2015, a rapid… Read more »
September 21, 2018
South Africa: Ramaphosa Unveils $3.5 Billion Stimulus for Recession-Hit Economy
President Cyril Ramaphosa, who inherited a contracting economy from his scandal-ridden predecessor, today announced an economic stimulus and recovery plan for the country. The plan… Read more »
September 18, 2018
Africa: U.S. is Africa's 'Ideal Partner' for Promoting Democratic Institutions & Economic Growth – Tibor Nagy
After having the honor of serving my country as a diplomat for more than 30 years – 22 of them in eight different African countries – this week I have the opportunity… Read more »
September 10, 2018
Africa: African Agriculture's Future Lies in Cultivating Youth, Not Only Crops
Being able to accept the 2018 Africa Food Prize today on behalf of the International Institute of Tropical Agriculture (IITA) comes with immense pride. Read more »
August 27, 2018
South Africa: How Mining Damages Communities and the Environment
The South African Human Rights Commission has released a scathing report on the damage mining in the country is posing to human rights. The conclusion paints a dark picture: "[T]he… Read more »
August 21, 2018
South Africa: Petrol Cost Hikes Blamed on Exchange Rates, Venezuela Instability
Energy Minister Jeff Radebe has presented several reasons why South Africans have to pay more at the pumps during an Energy Portfolio Committee meeting. The session comes a week… Read more »
August 10, 2018
South Africa: Ramaphosa's Plan to Cut 30 000 Civil Servant Jobs - Report
The government reportedly plans cut the jobs of 30 000 public servants in the next three years as part of the President Cyril Ramaphosa's planned restructuring to reduce the… Read more »
August 08, 2018
Africa: First Shots in Trade Wars Threaten the World's Poor – WTO Chief
Global trade is under threat. Whether or not you call the current situation a trade war, certainly the first shots have been fired. This calls for our attention, and most… Read more »
July 30, 2018
South Africa: Commuters Stranded as Gautrain Workers' Strike Hits
Gautrain workers demanding a 10% wage increase have embarked on strike action after talks between the United National Transport Union (UNTU) and the Bombela Operating Company (BOC)… Read more »