[MediaGlobal]The United Nations Economic Commission of Africa (UNECA) and African Union (AU) recently launched the "Economic Report on Africa 2013: Making the most of Africa's Commodities," written by Carlos Lopes, UN under-secretary-general and executive secretary of UNECA, and Nkosazana Clarice Dlamini-Zuma, Commission Chairperson of the AU.
[Zambia Reports]President Michael Sata has directed Lusaka province police commissioner Joyce Kasosa to arrest all students protesting against the lifting of the fuel and maize subsidies.
[Namibian]THE demand for air transport shows a steady increase over the past years, with passenger numbers and freight traffic growing by 45 percent and 80 percent respectively. Forward-looking predictions suggest that over the period 2010-2015, Africa will be the third fastest growing region in the world in terms of international traffic with an average growth rate of 6.1 percent compared to the global average of 5.8 percent.
Africa Newspapers and Journals
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"We have also come to this hallowed spot to remind America of the fierce urgency of now. This is no time to engage in the luxury of cooling off or take the tranquilizing drug of gradualism”--- Dr....
THE collapse of the Soviet Union, the demise of Soviet communism and the end of the Cold War in 1991 also brought an abrupt end to Moscow’s African involvement. This involvement of about 40 years left...
Poor Numbers: How We Are Misled by African Development Statistics And What To Do About It - A Book Review by Bill Gates
Even in the best financial times, budgets for development aid are hardly...
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...
The recent outbreak of a political quarrel between Governor Rotimi Amaechi of Rivers State and political interests obviously inspired by President Goodluck Jonathan is an unfortunate development for...
A leading South African university says it will make Zulu language classes compulsory for all first-year students from next year.
The decision by the University of KwaZulu-Natal is aimed at promoting...
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...
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...
"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...
“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...
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...
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...
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...
When first class global economists, politicos, and business leaders gathered in Davos for the World Economic Forum, the last thing they want to do was to give an impression that Africa does not belong to the elite group of world who-is-who. Sprinkles of African elites were present and there was a discussion session at Davos that was set aside for the review of Africa’s political economy.
Of course few African leaders were invited to participate...