Afripol

ideas have consequences

DA Article Expo Module

AllAfrica News: Latest

All Africa, All the Time.

Nigeria: State of Emergency Must Not Lead to More Human Rights Abuses
[AI London]Nigerian authorities must not use the state of emergency imposed in the north of the country as an excuse to commit human rights violations, Amnesty International urged today as the military continued its assault on Islamist armed group Boko Haram.
Africa: Raising the Bar on Extractive Resources Transparency and Accountability
[U.S. Embassy Monrovia]Over 3.5 billion people—or half of the world’s population—live in countries that are rich in extractive resources such as oil, gas, and minerals. Yet, too often, the benefits from this wealth do not go to support the development of the country and thus do not work to the advantage of the average citizen. Extractive resources are inherently challenging for governments to manage effectively, transparently, and inclusively.
Gambia: Trade Ministry, U.S. Embassy Poised to Improve Bilateral Trade, Investment
[Daily Observer]The US Embassy Wednesday organised a seminar on Franchise at the Sunswing Hotel in Kololi. The seminar was designed to educate interested Gambian private sector operators on the procedures for acquiring a US Franchise and the rules and regulations of operating such a business.

Strategic Research and Analysis

Nigeria: Inflation at 9.1%, Economy grows at 6.56%
Nigeria inflation rate in 2013 continues to be below 10 percent for the fourth month in a role. According to the numbers coming from The National Bureau of Statistics (NBS), the 2013 April inflation rate stood at 9.1 per cent, much higher that of March 2013 which was 8.6 percent. "Sanusi and his gang at Central Bank of Nigeria have made it their agenda to lower inflation rate below 10 percent since 2009. But that has been elusive, except in July...
George W. Bush: A True and Best Friend of Africa
It does not happen often, but five living American presidents recently gathered in Dallas, Texas to dedicate George W. Bush presidential Library. Political and ideological differences notwithstanding, there was a resounding conclusion that George W. Bush policy on Africa was most effective and generous especially his endeavor to combat HIV/AIDS crisis and signing peace treaty in Sudan. When most people do contemplate on which American president...
CAMAC Energy Inc: Despite Net loss, bright future abounds
AFRIPOL Commentary and Analysis: CAMAC Energy Inc. (NYSE MKT: CAK), a United States publicly traded Energy Company that primarily engaged and focused on strategic development of oil projects by singular and multilateral operations principally in Africa. The market capitalization of CAMAC Energy Inc is $104.46 million. As reported by eStock daily, CAMAC Energy current ratio stood at 0.68, "while its shares were looking forward SMA50...
Malawi’s Economy and IMF’s Austerity
"Déjà Vu All Over Again." This is the best way I can sum up what is percolating on the beautiful country of Malawi. Remember Africa of 1980s and 90s, when International Monetary Fund (IMF) inundated many cash strapped countries with austerity measures before granting credit lines to them; this is exactly what Malawi is experiencing at the moment. For those who do not know anything about Malawi. It is a landlocked country in southeast...
Chinua Achebe’s Things Fall Apart: An agent of Change
“Until the lions have their own historians, the history of the hunt will always glorify the hunter.” – Chinua Achebe Chinua Achebe was a revolutionary genius with a descriptive warrior pen. He was ebulliently meticulous; a man of great wisdom and humility, with a rancor-free personality. But his literary approach and expression spearheaded by his novel Things Fall Apart was anything but radical and revolutionary. It was an indeed a velvet...
Economist Magazine is now singing Africa praises
Dr. Nnamdi Azikiwe, the first Nigerian President used to say: “No condition is permanent.” In past decade or more, Africa with all her short comings, vulnerabilities and sufferings appeared to be in a perpetual condition of hopelessness. The disease, political unrest and poverty were making permanent residents in Africa. With these deplorable situations, Africa became a testing ground for all abstract theories and hypothesis. The Western...
Nigeria’s inflation at 9%: Making sense of the Development
Commentary and Analysis The recent statistics coming from the country’s National Bureau of Statistics (NBS) recorded an inflation rate of 9 percent in January of the first quarter 2013. The drop from 12 percent inflation rate of December 2012 to the new low at 9 percent is a breakthrough for Central Bank of Nigeria (CBN). According to NBS, “The relative moderation of the Headline index from 12.0 in December to 9.0 in January could...
G-8 and Nigeria's Oil Wealth: Corruption and Wealth of a Nation
It is all over the news that G-8 leadership gathering in Northern Ireland in June will discuss the issue of corruption in the management of Nigeria's oil wealth. The problem of corruption in Nigeria and indeed Africa is an old and tiring story not because it has lost its importance but for the fact that the level of hypocrisy associated with it, is overwhelming. Many a times we have heard the war cry and proposals to defeat corruption particularly...