Monthly Archives : August 2010

Gabon: US$4.5bn foreign investment to boost infrastructure

Gabon: US$4.5bn foreign investment to boost infrastructure

The move to turn the country into an emerging market has been accelerated by the signing of investment contracts amounting to US$4.5 billion. The announcement has been timed to coincide with the country’s 50th Independence Anniversary celebrations (which take place…

Comments Off / 17 View / 16th August 2010

Crisis in Niger

Crisis in Niger

It is all too often the case that reports of natural disasters and human suffering can only hold our attentions for the short-term. Niger’s current food crisis, which has been festering since 2005, serves to remind us that once the…

2 Comments / 32 View / 16th August 2010

Niger: Food Crisis

Niger: Food Crisis

            It is all too often the case that reports of natural disasters and human suffering can only hold our attentions for the short-term. Niger’s current food crisis, which has been festering since 2005, serves…

1 Comment / 15 View / 16th August 2010

South Africa:  iSimangaliso Wetland Park receives USD9m

South Africa: iSimangaliso Wetland Park receives USD9m

The World Bank Group and iSimangaliso Wetland Park Authority have signed an agreement worth USD9m, approximately 66 million rand, to begin a conservation initiative that is expected to fuel economic growth in the country’s east coast. According to the CEO…

1 Comment / 13 View / 16th August 2010

Ghana sees decline in inflation rate

Ghana sees decline in inflation rate

The ministry of finance and economic planning (MOFEP) announced on Wednesday 11th August that the rate of inflation for July 2010 has declined to a record 9.46 percent. The news comes despite an increase in government expenditure in 2010. In…

2 Comments / 17 View / 15th August 2010

Zimbabwe:  Econet gains USD60m from Swedish bank

Zimbabwe: Econet gains USD60m from Swedish bank

Telecoms provider Econet Wireless has secured a USD60m loan from Engelska (EKN), a Swedish export credit agency. The sum is reportedly the largest ever that a European bank has approved for a company in that country in more than 10…

4 Comments / 21 View / 15th August 2010

South Africa: Playing an African part on the world stage

South Africa: Playing an African part on the world stage

South Africa has now shown up to the world party. In its latest incarnation as football World Cup host last month, the country proved itself gracious, displaying hospitality to the world, entertaining its guests and spreading the message to international…

Comments Off / 50 View / 15th August 2010

Africa’s silence for peace

Africa’s silence for peace

The 2010 Year of Peace and Security in Africa initiative, established by the African Union (AU), has received vital attention from those leaders attending the AU summit. The AU is actively seeking more sustainable domestic resources as a means to…

Comments Off / 17 View / 14th August 2010

Malawi:  Study sheds light on cash transfer debate

Malawi: Study sheds light on cash transfer debate

The findings of a World Bank study, which examines the effects of giving Malawian girls money to stay in school, have reignited the contentious debate on cash transfers. For decades economists have been embroiled in polemical discussions, regarding the pros…

Comments Off / 68 View / 14th August 2010

Naomi Campbell and Those ‘Dirty Diamonds’

Naomi Campbell and Those ‘Dirty Diamonds’

When the Sierra Leone Special Court was set up in Freetown in 2003 few thought that it would still be functioning seven years on and no one imagined that it would involve the “supermodel”, Naomi Campbell, appearing as part of…

Comments Off / 14 View / 13th August 2010