Trade

Africa’s ‘Growth is not accompanied by employment’?

Africa’s ‘Growth is not accompanied by employment’?

Africa’s labour movement is on the move from Cape to Cairo – demanding democracy, devising policy and building a new African economy that creates...
Ethiopia and U.K. forge closer economic ties

Ethiopia and U.K. forge closer economic ties

Ethiopia and United Kingdom are soon to sign a Double Taxation Agreement (DTA) that aims to give further impetus to growing trade and investment...
Southern African countries zero in on Gaddafi assets

Southern African countries zero in on Gaddafi assets

Following South Africa's decision to freeze all Gaddafi’s assets in accordance with UN Security Council resolution Zambia has sought clarification on whether the resolution...
African hi-tech taking leading position

African hi-tech taking leading position

For 48 long hours, employees of Senegal’s National Telecommunications Company cut telephone and Internet connections to the rest of the world. That bold action,...
Zimbabwe: Mugabe calls for foreign product boycott

Zimbabwe: Mugabe calls for foreign product boycott

Veteran Zimbabwean ruler, Mr Robert Mugabe has ordered an immediate product boycott of all foreign firms operating in Zimbabwe, particularly European, in a bid...
Ethiopian economy’s new gold rush

Ethiopian economy’s new gold rush

Gold is now Ethiopia’s second largest export item as well as the country's second foreign exchange earner, after coffee. The horn of Africa country's half...
Senegal – Iran: From friendship to diplomatic war

Senegal – Iran: From friendship to diplomatic war

The Senegalese government officially severed diplomatic ties with the Islamic Republic of Iran on Wednesday. Dakar has accused Tehran of supplying arms to separatists...
Ivory Coast: 40% of world’s cocoa under threat of destruction

Ivory Coast: 40% of world’s cocoa under threat of destruction

Coffee and cocoa producers in the Ivory Coast Thursday morning torched several bags of cocoa in front of the European Union headquarters at Plateau,...
Crisis hits Ivory Coast economy

Crisis hits Ivory Coast economy

Laurent Gbagbo, one of the two presidents of the Ivory Coast, has accused Washington of supporting his rival, Alassane Ouattara. He has also accused...
Ethiopian government price ceiling to be readjusted?

Ethiopian government price ceiling to be readjusted?

Ethiopia has been hit by an acute shortage of basic commodities following a recently imposed price ceiling. To study the cause of this shortage,...
Ethiopia braces for oil shortage as Sudan shuts pipes

Ethiopia braces for oil shortage as Sudan shuts pipes

Fuel prices in Ethiopia will be raised in March following an increasing consumption of fuel and its consequent impact on the government’s fuel expenditure....
Ethiopia: Devalutation and speedy growth breed economic chaos?

Ethiopia: Devalutation and speedy growth breed economic chaos?

Ethiopian Government and entrepreneurs seem to have found a common ground to find a solution to a recalcitrant double digit inflation after the former...
Flag of China

Chinese president visits US

Chinese President Hu Jintao arrives in Washington on Tuesday, a day before a high-profile meeting with U.S. President Barack Obama to discuss trade, currency...
Zimbabwe: Mugabe calls for sanctions against foreign-based companies

Zimbabwe: Mugabe calls for sanctions against foreign-based companies

President Robert Mugabe of Zimbabwe on Friday told his party to push for a law making it treasonous for Zimbabweans to call for sanctions...
NAPEO: A new North African and U.S. partnership

NAPEO: A new North African and U.S. partnership

After meeting with government officials and entrepreneurs throughout North Africa, U.S. Assistant Secretary of State for Economic, Energy and Business Affairs Jose Fernandez, says...
The rebirth of Africa: The way forward

The rebirth of Africa: The way forward

‘Only where there is life is there also a will not a will to live however, but so teach I thee a will for...
Zeng He

The ancient coin that gives impetus to China-Africa trade

An ancient Chinese coin that dates from the 15th century, discovered on the northern coast of Kenya, reveals the existence of advanced commercial and...
Morocco to host World Economic Forum on MENA

Morocco to host World Economic Forum on MENA

Morocco is preparing to host The World Economic Forum on the Middle East and North Africa (MENA) region is expected to bring together policymakers,...
Ghana: Say NO to Protectionism, Dr. Kwesi Nduom!

Ghana: Say NO to Protectionism, Dr. Kwesi Nduom!

Dr. Kwesi Nduom, former presidential candidate of Ghana's socialist party, the Convention People’s Party (CPP), and now “Shadow Finance Minister” in the newly created...
Africa’s high return rate for the “frontier market investor”

Africa’s high return rate for the “frontier market investor”

Africa is the place to go for the “frontier market investor” who is seeking a new investment venue with a high rate of return,...
Ethiopia: Price hikes hit transport and construction sectors after birr devaluation

Ethiopia: Price hikes hit transport and construction sectors after birr devaluation

The 16.7 percent devaluation of the Ethiopian currency, the birr, announced last week, against major foreign currencies has seen price inflation rising into the...
UN Global Compact: ‘The deeper meaning of fighting corruption is transparency’

UN Global Compact: ‘The deeper meaning of fighting corruption is transparency’

From oil spills to toxic wastes to financial fraud, business ethics are under a global spotlight. The United Nations Global Compact is an initiative...
Ethiopia gets multi-million dollar fund to boost coffee production

Ethiopia gets multi-million dollar fund to boost coffee production

In a bid to boost the capacity of Ethiopian coffee farmers the local NIB International Bank is setting up a 10 million dollar guarantee...
Untangling Central Africa for business

Untangling Central Africa for business

As the proper role of government continue to debated in much of the free world, Africans, and in particular Central Africans can only...
Zimbabwe to adopt Chinese currency?

Zimbabwe to adopt Chinese currency?

Zimbabwe’s Vice President Joice Mujuru on Monday suggested that the southern African country, which currently has no currency of its own, should adopt the...
Ghana’s protectionist and anti-business clampdown

Ghana’s protectionist and anti-business clampdown

Nigerian traders in Ghana claim the authorities are closing them down under a long-ignored 1994 law that demands a minimum investment of US$300,000. Ghana...
A crop field

Ethiopia: Fear expressed over India’s massive land grabs in Gambela

Gambela, one of the nine regional states of Ethiopia is fast growing into what the local media has described as “a land grabbing” hub...
China to finance Ethiopian rail construction

China to finance Ethiopian rail construction

The Export and Import (EXIM) Bank of China has reached an agreement with the Ethiopian Railway Corporation (ERC) to finance its Light Railway Network...
Ali Bongo

Gabon: Ali Bongo signals the end of France-Afrique

Confirming his desire to distance himself from France, Gabonese president Ali Bongo looks determined to break away from his father's legacy. After festivities marking...
Zimbabwe’s controversial diamond auction opens

Zimbabwe’s controversial diamond auction opens

Scores of international diamond buyers thronged Harare, Zimbabwe on Wednesday for the sale of the controversial gems from Marange Diamond fields after a ban was lifted. Abbey...