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Angola and China open Atlantic to African neighbours

Angola and China open Atlantic to African neighbours

16 Jan 2015
The Benguela Railway was once Angola’s bloodline, carrying goods to and from the interior of the country, and onwards to Zambia and Zaire (now the Democratic Republic of Congo). ...
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Kenya signs Sh25 billion deal with Japan for Mombasa port expansion

Kenya signs Sh25 billion deal with Japan for Mombasa port expansion

16 Jan 2015
Japan will on Friday advance to Kenya a Sh25 billion loan to fund the second phase of Mombasa port expansion. The money, to be given through the Japan Bank for International Corpo...
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Global Economic Prospects: Sub-Saharan Africa regional outlook

Global Economic Prospects: Sub-Saharan Africa regional outlook

15 Jan 2015
Sub-Saharan Africa’s growth improved, for the second consecutive year, to 4.5 percent in 2014. Despite headwinds, growth is projected to pick up to 5.1 percent by 2017, lifted by...
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Leveraging technology transfer for industrial development explored in new UNCTAD study

Leveraging technology transfer for industrial development explored in new UNCTAD study

15 Jan 2015
The study presents cases from Africa, Asia and Latin America, which provide contrasting experiences of the role of technology transfer and absorption in the development of differen...
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Kwacha fall leaves cross-border traders in quandary

Kwacha fall leaves cross-border traders in quandary

15 Jan 2015
The weakening of the kwacha against major currencies is pushing up prices of imported goods and may hurt some businesses, cross-border traders have warned. The local unit has been...
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EAC rushes to draw pact on air routes after spat

EAC rushes to draw pact on air routes after spat

15 Jan 2015
An air routes spat, triggered by the suspension of Air Uganda last year, has seen the East African Community race to conclude an agreement on airlines covering routes between membe...
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More than half of Africa’s arable land ‘too damaged’ for food production

More than half of Africa’s arable land ‘too damaged’ for food production

14 Jan 2015
A report published last month by the Montpellier Panel – an eminent group of agriculture, ecology and trade experts from Africa and Europe – says about 65 percent of Africa’s...
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Taking stock of the proposed Continental Free Trade Area

Taking stock of the proposed Continental Free Trade Area

14 Jan 2015
Following the recent African Union (AU) Trade Ministers Conference held in Addis Ababa from December 4-5, 2014, we consider it opportune to discuss what 2015 may hold for progress ...
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World Bank says Ebola puts future prosperity of Liberia, Sierra Leone ‘at high risk’

World Bank says Ebola puts future prosperity of Liberia, Sierra Leone ‘at high risk’

14 Jan 2015
Job losses and food insecurity are among the far-reaching and persistent socio-economic impacts of Ebola in Liberia and Sierra Leone, according to the results of two new World Bank...
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The rise and fall of the world’s poorest nations

The rise and fall of the world’s poorest nations

14 Jan 2015
The world’s 48 Least Developed Countries (LDCs) – a special category of developing nations created by the General Assembly in 1971 but refused recognition by the World Bank –...
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New test for economy as CET begins this month

New test for economy as CET begins this month

14 Jan 2015
Nigeria’s economy is set face more pressure amid falling oil prices and dwindling revenue, as the Economic Community of West African States (ECOWAS) implements the Common Externa...
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Looking at trade policy through a “gender lens”: Summary of seven country case studies conducted by UNCTAD

Looking at trade policy through a “gender lens”: Summary of seven country case studies conducted by UNCTAD

14 Jan 2015
Economic development and social and cultural shifts have led to the decline of many gender-related inequalities across the world. Prominent among them is the rise in female educati...
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African oil and gas: driving sustainable growth

African oil and gas: driving sustainable growth

13 Jan 2015
Africa is on an upward growth curve, and investors are optimistic about the potential for growth in the oil and gas sector. Resources generally, and oil and gas specifically, have...
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China will not take path of ‘Western colonists’ in Africa: foreign minister

China will not take path of ‘Western colonists’ in Africa: foreign minister

13 Jan 2015
China will not follow the path of “Western colonists” in Africa, its foreign minister said during a five-nation tour of the continent, parrying criticism that his country’s ...
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Tanzania tags on Africa’s GDP revision

Tanzania tags on Africa’s GDP revision

13 Jan 2015
Tanzania has become the third east African country in as many months to discover the size of its economy is bigger than previously thought, benefiting from a surge of investment fr...
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Zambia pressed to reverse mining royalty hike

Zambia pressed to reverse mining royalty hike

13 Jan 2015
Zambia’s government is under mounting pressure to reverse a royalty hike that could trigger thousands of layoffs at a copper mine owned by Barrick Gold Corp., but a rollback is ...
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Rusumo border post to boost regional trade says Rwanda Minister

Rusumo border post to boost regional trade says Rwanda Minister

13 Jan 2015
Rwandan minister of Infrastructure James Musoni has said that the Rusomo one stop border will unlock Rwanda’s business opportunities and boost intra-regional trade. He was speak...
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Making Nigeria a load centre in West Africa

Making Nigeria a load centre in West Africa

12 Jan 2015
Shipping experts are of the view that Nigeria urgently needs to build a brand new deep seaport in Lagos, among other reforms that will reduce costs and corruption in the ports syst...
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BRICs will be ICs if Brazil and Russia don’t shape up, phrasemaker warns

BRICs will be ICs if Brazil and Russia don’t shape up, phrasemaker warns

12 Jan 2015
Brazil and Russia’s membership of the BRICs may expire by the end of this decade if they fail to revive their flagging economies, according to Jim O’Neill, the former Goldman...
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The importance of Africa’s integration

The importance of Africa’s integration

12 Jan 2015
Visiting Ghana, Africa’s heartland when it comes to African unity and integration, how  can one not be tempted to share his or her views about such lofty ideals, especially as ...
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