East Africa continues to outperform the rest of the content in GDP growth .
UNECA 2019 partial ECONOMIC REPORT ON AFRICA Africa’s real GDP growth is projected to increase marginally, from 3.2 per cent in 2018 to 3.4 per cent in 2019, before rising to 3.7 per cent in 2020. These forecasts are revised upwards from last year’s to reflect rising private consumption, rising and sustained public investment, higher […]
Africa’s Wind Project Pipeline Grows to 18GW
Green Tech Media, by Sohaib Malik The wind industry has been slow to take off in Africa. Developers commissioned projects in only four African markets in 2018. However, the policy inconsistency that has held the market back in previous years is beginning to change. The continent’s wind project pipeline stands at 18 gigawatts as of […]
Zimbabwe will reintroduce its own currency before the end of the year. President Mnangagwa
The Herald Atthe height of our financial hiatus in 2009, Zimbabwe adopted a multi-currency basket, effectively ending the conventional ownership and exclusive use of its own currency, the Zimbabwe dollar. The multi-currency regime, which included the US dollar,rand, the British pound and pula, among others, was a policy measure to address the hyper-inflationary environment experienced […]
Sudan opposition group and Transitional Military Council accepted Prime Minister Abiy Ahmed as a mediator
Sudan‘s main alliance of opposition groups and protesters says it accepts Ethiopia’s Prime Minister Abiy Ahmed as a mediator in their political deadlock with the Transitional Military Council (TMC) under certain conditions. Among opposition demands are that the TMC take responsibility for the deadly dispersal of a protest sit-in on Monday, an international investigation into […]
Africa sets ‘gold standard’ of solidarity and hospitality for Refugees
UN News The 2019 Africa Dialogue Series, (ADS) which began under the theme “Towards durable solutions for forcibly displaced persons in Africa,” brings together a wide range of actors with a stake in finding ways to deal with the issue, including representatives of national governments, the African Union, civil society, the private sector and the […]
Ethiopia’s bad map of Africa was good, should’ve cut deeper
The Daily Nation, By CHARLES ONYANGO-OBBO The Ethiopian government has been putting in a lot of overtime apologising for a map of Africa on the official website of its Ministry of Foreign Affairs that erased some countries. The since-deleted map, published last weekend, got the goat of many Africans on social media for what, at […]
while Ethiopia and Kenya attracting garment manufacturers, Tanzania and Uganda are opening up the sector
The Hindu Melat and Rahel, both 24 years of age, completed their studies last year in the east African country of Ethiopia and landed their first job in an Indian textile company. They are among the 700-odd young men and women employed at KPR Export Plc. at Makelle, Ethiopia. They were trained at KPR’s Coimbatore […]
ETHIOPIANISM –THE A SOUTH AFRICAN MOVEMENT
What is the connection between Ethiopianism in South Africa and the Ethiopian Orthodox Church in Ethiopia? If any of you have ever thought about the connection between the Ethiopian Church in South Africa and the main church in Ethiopia: the Ethiopian Orthodox Tewahedo Church, you have a more inquiring mind than I do! (Nearly half of Ethiopia’s population […]
Take a break from safaris and check out the city life of these Four African cities
Bert Archer, CNN As with most of the world, the heart of Africa is found in its cities. And yet tourists in Africa seem to largely prefer seeking out the continent’s wildlife rather than its cultural city centers. Safaris can be delightful, but the problem, as Kenyan writer Binyavanga Wainaina has pointed out, is when tourists imagine […]
Rwanda to start building $5 billion Green City by 2020
By ISMAIL AKWEI, Face2Face Africa Rwanda is committed to becoming the gateway to a technologically developed Africa and it is realizing this with a consistent development strategy that is a sight to behold. Last year, the landlocked East African country started the construction of the Kigali Innovation City (KIC) which is a $2 billion project aimed at […]
HOW AFRICA WILL MEET ITS GROWING DEMAND FOR POWER
Oxford Prospect Better power supply is key to unlocking Africa’s economic potential, including job creation, access to knowledge, agricultural and industrial transformation. As many as 600 million people in sub-Saharan Africa, around 43% of the population, live without access to electricity. The majority of those live in rural areas but even in cities, electricity only reaches a […]
Egypt, Nigeria, Morocco and Ethiopia, the stars of hotel development in Africa
Africa Data by: Andrea Ayemob The stars of hotel development in Africa are Egypt, Nigeria, Morocco and Ethiopia, according to the 11thannual survey by W Hospitality Group. The four countries head the top ten by numbers of rooms in the internationally-branded hotel development pipeline, with Egypt showing 15,158 rooms in 51 new hotels. A total […]
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