Monday, July 2, 2012
It would seem to be a sure thing for firms offering mobile money transfers: the most populated country in Africa, a growing economy and a nation where just about everyone has a mobile phone.
Thursday, June 21, 2012
Massive offshore gas discoveries in East Africa are catapulting the region into a major player in the global energy arena, bringing billions in investment that could transform entire economies.
Tuesday, June 12, 2012
A South Africa platinum mine owned by global giant Anglo American will temporarily halt operations after low prices made operations unviable, the co-owner said Monday.
Tuesday, May 29, 2012
The African economy should grow 4.5 percent this year after recovering from the impact of the 2009 global economic crisis and the 2011 North African revolts, experts predicted in a report Monday.
Friday, May 25, 2012
Egyptians say they want their next leader to be honorable, smart, a knight, a man with a heart, a military man, a religious man, one who goes down and meets with the people. What they are really looking for is a superman.
Monday, May 21, 2012
To East Africa's assets of spectacular wildlife, abundant land and shimmering beaches you can now add gas — so much gas it could transform global energy flows along with some of the world's poorest countries.
A steady drone of machines hum as workers assemble shoes in a Chinese-built industrial park outside Addis Ababa, the first in Ethiopia by the Asian giant deepening its presence in Africa.4 Comments
Tuesday, May 15, 2012
Sub-Saharan Africa's economies will expand at a slower rate in 2012 than earlier projected, undermined by global financial distress and a sluggish recovery in South Africa, the International Monetary Fund (IMF) said on Monday.
Regulators in Nigeria have fined four mobile phone carriers a total of US$7.3 million over poor service in a nation that depends on cellular phones for communications, a spokesman said Sunday.
Monday, April 9, 2012
African nations joining the elite club of oil and gas producers should invest in education and roads while supporting traditional sectors to avoid the “oil curse” trap, the head of the African Development Bank (AfDB) said.