archives : July 2009


Between 60 and 70 students and young professionals will be selected from an applicant pool that typically numbers in the hundreds. It will be an ultra competitive and highly selective process, and the fee of just GHC70 will ensure that interest will far exceed available spots on offer. You must put some effort into preparing a good application that captures the essences of your curiosity, dedication to change in Africa, and promise of leadership. - Wednesday 1 July 2009

Zimbabweans have little trust in the local banking sector as they continue to keep money away from banks as memories of them losing their money during several currency changes are still fresh. - Wednesday 1 July 2009

Ethiopia - India
The Export and Import Bank (EXIM) of India has been negotiating with officials of the Ethiopian government to open its East African branch in the Ethiopian capital, Addis Ababa. - Wednesday 1 July 2009

Panafrica - United States
Mary Mary was named this year’s Best Gospel Artist at the 2009 BET Awards ceremony held at the Shrine Auditorium in Los Angeles on Sunday, June 28, airing on BET. Mary Mary’s soulful performance of the group’s "God in Me," with guest artist Queen Latifah, was one of the highpoints of an emotional BET ceremony. - Wednesday 1 July 2009

Panafrica - United States
With the U.S. Supreme Court dealing a stinging blow to race-based employment practices, members of the Project 21 black leadership network are praising the Ricci v. DeStefano decision as a step toward removing the racial trappings of a by-gone era and putting all Americans on equal footing. - Wednesday 1 July 2009

CDC Group plc (“CDC”), the UK’s development finance institution, is committing US$50m to African Capital Alliance’s (“ACA”) Private Equity Fund III (“Cape III”), CDC’s second investment under its new investment policy, which is focused on investing in the world’s poorest countries. - Wednesday 1 July 2009

Ghana - United States
The United States has a “partnership of tangible results” with Ghana — a nation that is already well under way in its preparations to welcome President Obama July 10–11 — says Aaron H. Sherinian, a senior official with the U.S. Millennium Challenge Corporation (MCC). - Wednesday 1 July 2009

Rebels from southern Sudan have disputed census results in the country claiming that they make up one-third of Sudan’s population, but census results suggest that they constitute a much smaller proportion. As a result of the dispute, Sudan’s presidential election has been postponed to April next year. - Wednesday 1 July 2009

The 13th Summit of the African Union Heads of State opens Wednesday in Sirte, Libya. Led by Muammar Gaddafi, President of the organization, African leaders are expected to address some of the major problems affecting the continent including agricultural investments. The head the Libyan revolution and host of this three-day meeting hopes to advance his controversial agenda of a "United States of Africa". - Wednesday 1 July 2009

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