The Horn of Africa Celebrates Christmas
Ethiopia’s prime minister Abiy Ahmed has wished all Orthodox Christians in the country a ‘Merry Christmas’, urging them to celebrate the day by ‘eliminating separation and divisions’. Ethiopia follows the Julian calendar and celebrates Christmas on January 7th, while the rest of the world, who follows the Gregorian calendar, celebrates on 25th of December. Several […]
Here’s Why Zimbabwe is Nature in the Raw
A place where Big-game spotters get up close to some of the most endangered species in Africa. This would be a safari in the old-fashioned sense of the word—a journey of discovery. Take the roads less traveled to the Eastern Highlands and the southern Lowveld; the deserted ruins of an ancient city and the granite […]
The Web of Mozambique’s Dodgy Tuna Loans
Russian state lender VTB has filed a lawsuit in Britain’s High Court against a Mozambican government company it lent hefty sums to as part of a project now at the centre of a $2 billion debt scandal. The filing, dated Dec. 23, names as defendants the Mozambique state and Mozambique Asset Management, which took a […]
Ethiopia is Banking on Cooperation with Sudan to Improve its Access to Ports
The Sudanese Sea Port Corporation will provide Ethiopia with necessary support as it makes use of Khartoum’s ports for the importation and exportation of commodities. Sudan’s Sea Port Corporation is also expected to offer assistance to Ethiopia’s state-owned shipping and logistics service – the Ethiopian Shipping and Logistics Service Enterprise. This is aimed at facilitating […]
Togo’s Palais De Lome is Now Home to Modern Pan-African Art
It is a scenic walk along the driveway leading to the entrance of Lome’s new centre for the arts. Past the crisp white walls and pivoting glass doors are the exhibition spaces – a blank canvas for African art by painters such as Emmanuel Sogbadji and Edwige Aplogan and sculptures by Sokey Edorh. A vaulted, […]
Sparking a Wave of Hardware-focused Companies in Kenya
Nairobi engineer Kamau Gachigi has set up an innovation lab called Gearbox, providing entrepreneurs with the equipment to realize their concepts. Gearbox offers access to materials and equipment including 3D printing, laser cutting and electronic circuitry at a high-tech, 20,000-square-foot shared maker-space. It helps cut costs for inventors by providing access to assembly machines through […]
Africa’s Richest Woman Blindsided by a Court Decision to Freeze her Assets
Isabel Dos Santos is the eldest daughter of Angola’s long-serving President Jose Eduardo Dos Santos who stepped down in 2017. According to Forbes her net worth is about $2.3 billion, she is now the target of an anti-corruption campaign led by her father’s successor. Her portfolio includes a 25% stake in the Angolan mobile phone […]
The Situation in Libya Takes a Concerning Turn
The nine-month assault on the UN-backed Libyan government has moved closer to a bloody climax, with the Tripoli administration reeling from the loss of key coastal territory to rebel forces, and a lack of international condemnation of a drone strike that massacred 30 of its military cadets. The main European countries involved in Libya – […]
Guinea’s Homegrown Fix to Migration
A growing number of Guineans are part of an ambitious experiment to turn one of the world’s poorest nations into a major pineapple producer and reduce dangerous economic migration. Despite large bauxite and iron ore deposits, the West African nation has an annual per capita gross domestic product of just $885. More than half of […]
Economic Diversity Shields African Economies Amid Slowing Global GDP Growth
–As the global recession gathers strength, most African economies are relatively unaffected owing to the strength of economic diversity in some regions. This is according to the Institute of Chartered Accountants in England and Wales (ICAEW) latest report, Economic Update: Africa Q4 2019. –The professional accountancy body provides GDP growth forecasts for various regions including […]
