Somaliland is still cursed economically by not being recognized as having full 'statehood', which blocks opportunities for receiving major grants by entities like the International Monetary Fund and the World Bank. But it remains optimistic, counting on resources like Berbera Port to help it grow.
African capital markets slowed down in 2016, reflecting challenges from the decline in commodity prices on the continent, lower economic growth globally, and political concerns coming from the U.S. elections and the Brexit vote. So says the 2016 Africa Capital Markets Watch report just released by PwC.
The University of Bergen has donated over 50 million NOK of dental equipment for dental education programs at Addis Ababa University.
Kenya's drought and its impacts are getting rapidly worse. According to government estimates, the number of people who are acutely food insecure has climbed another 700,000 people in only a few weeks. That is a frightening increase above the two million estimate made at the end of Januar.
LeAD Campus -- Global Leaders for Africa's Development programme -- is now open for applications for 30 openings in its second offering starting April 2nd.
Appointing a former Prime Minister of Togo as the sixth President of the International Fund for Agricultural Development (IFAD) could have powerful and valuable long-term implications for long-term African economic development.
Girls in Africa need to be more actively encouraged to study and explore careers in the Sciences, or the socio-cultural barriers that discourages girls and women from moving into those fields will never be broken.
While Ethiopia's aggressive dam and plantation development programs in the lower Omo Valley may have been a boon to that country, the resulting water level drops have created a serious threat to the livelihoods of more than 500,000 indigenous peoples in both Kenya and Ehtiopia.
Nigeria's The Style Group (www.TheStyleGroup.ng), is a contemporary lifestyle retail group with a major difference in how it reaches its target market. It markets almost exclusively via social media and has created a major hit in its most important demographics.
The rehabilitation and extension of Sierra Leone's Bo-Kenema Electricity Distribution System just launched, thanks to the Government of Sierra Leone and funding from both UK Aid and the African Development Bank (AfDB).
Nigeria may finally be getting serious about combating the corruption that has impoverished the oil-rich nation.
South Africa's Ministers of Trade and Industry and of Economic Development just jointly announced that -- in order to meet growing demands for funding by black entrepreneurs -- the National Empowerment Fund (NEF) is now a wholly-owned subsidiary of the Industrial Development Corporation (IDC).
The African Development Bank (AfDB) and the UN Economic Commission fo Africa (ECA) are urging far more sharing of experiences among development partners, as Central Africa's economies deal with the combination of lower prices for commodities and the need to 'strike now' at this opportune time for growth in the region.
Mobile telecom and the internet are growing rapidly in use and importance throughout Africa, with a number of countries showing the majority of their populace already have access to both. In the meantime, a formerly once far more importance communications medium, radio, has dropped in use significantly on the continent.
Bamba (www.BambaGroup.com), a Kenya-based startup targeting emerging market data collection and consumer insight analysis, just closed its first seed investment round. It raised US $1.1 million, putting it in the ranks of the largest seed rounds ever completed by an East African startup.
Arise (www.AriseInvest.com), a new financial investment company based in South Africa, just purchased a 27.7% stake in Ghana's CAL Bank. The share purchase is expected to bring attention to and help the entire banking sector in the country.
Nigeria's Dangote Group (www.Dangote.com), a diverisified conglomerate with ventures in everything from real estate to cement to food products, is launching Dangote Rice, a major new rice outgrower scheme headquartered in Nigeria's Sokoto state. It has the potential of creating hundreds of thousands of new jobs in rural communities.
Isondo Precious Metals' (IPM) just opened a Fuel Cell manufacturing facility in Cape Town. Besides offering a major new revenue opportunity for the company, this also supports a Strategic Objective of South Africa to bring these kinds of businesses into the country.
TAP Portugal, one of Portugal's major air carriers, just announced it will be offering five flights a week between Lisbon and Abidjan, Ivory Coast, beginning July 17.
The official grand opening of the Meridian Tobacco Company (MTC) factory in Uganda is scheduled for May 2017. Its new programs to develop farmers and provide improvements to both crops and local forestry will also launch at the same time.
The Government of Cameroon recently cut off internet services to areas of the country with mostly English-speaking residents. The United Nation's Special Rapporteur on Freedom of Expression is demanding the country restore those services immediately, on the grounds of human rights.
Nairobi National Park is a well-known preserve for lions, already endangered for many reasons. The animals have, however, been escaping through park boundaries with the end result of danger to citizens locally and the tragic killings of the animals as rangers attempted their recovery. A new lion satellite tracking program should minimize the escapes from the park in the future.
On February 3, the New Partnership for Africa's Development Infrastructure Project Preparation Facility (NEPAD-IPPF), held a formal review of its 2016 progress and 2017 plans in improving the quality of access of Africans through better access to electricity, transport, communications and water.
The U.S.'s Defense Threat Reduction Agency (DTRA), in collaboration with the Department of State, recently held a workshop in Kenya on the subject of Chemical, Biological, Radiological, and Nuclear (CBRN) Incident Response Planning. Attendees came from the Government of Kenya's emergency response leadership and stakeholders.
The indigenous peoples of the world live in some 70 countries around the world. The biggest concentration of these are in the Asia-Pacific region, with 70 percent of the total of these self-identified peoples, each of which has its own language and culture. These people also happen to be the caretakers for over 80% of the world's biodiversity.
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