Monthly Archives : August 2010

Kenya: Stock Exchange returns to profit

Kenya: Stock Exchange returns to profit

Last year massive losses and large price corrections were recorded due to a slow market. However, investors at the Nairobi Stock Exchange (NSE) are finally shaking off the dust of these losses, as clear rays of recovery began showing their…

Comments Off / 17 View / 2nd August 2010

Dispatches: Britain's Witch Children

Dispatches: Britain's Witch Children

‘Dispatches: Saving Africa’s Witch Children’ brought child abuse in Africa’s Niger Delta to the forefront of media attention in 2008. While following Gary Foxcroft an avid campaigner against child abuse, the programme uncovered a problem that affects thousands of Africa’s…

10 Comments / 176 View / 2nd August 2010

Spotlight on the African Union

Spotlight on the African Union

After nine days of intense deliberations, decisions and policy formulation, the 15th summit of the African Union (AU) rounded up on July 27th in Kampala, Uganda. The theme of this most recent assembly was the incredibly important and pressing yet…

10 Comments / 22 View / 2nd August 2010

Nestle in new Africa Strategy

Nestle in new Africa Strategy

The Swiss food giant Nestlé has unveiled a new continental strategy for Africa announcing that it will invest $138.32 million in East, Central and Southern Africa over the next three years to enhance its competitiveness in the food industry. The…

4 Comments / 115 View / 2nd August 2010

EAC Common Market Suffers Setback

EAC Common Market Suffers Setback

The recently launched East African Community Common Market has already suffered its first blow. Due to protests individual states have been allowed to run their own customs services and set their revenue targets, which appears far from the point of…

3 Comments / 45 View / 2nd August 2010

Sierra Leone: Kamara fills Tejan-Cole Void

Sierra Leone: Kamara fills Tejan-Cole Void

Joseph Fitzgerald Kamara has been appointed the new head of Sierra Leone’s Anti- Corruption Commission (ACC) following the resignation of Abdul Tejan-Cole in May. While Tejan-Cole’s departure was shrouded in speculation surrounding undertones of government interference, advocates hope that the…

1 Comment / 39 View / 2nd August 2010

Kenya: KACC Director issues clear warning over corruption

Kenya: KACC Director issues clear warning over corruption

In a brief interview with New Africa Analysis, Lumumba a long serving Constitutional Lawyer, known for his oratory skills, said, “unlike my predecessor, I have a Witness Protection law and the Anti Money Laundering Act and with that I will…

1 Comment / 48 View / 2nd August 2010

Nigeria: Jatropha a cheap bio-fuel for the Poor

Nigeria: Jatropha a cheap bio-fuel for the Poor

According to a recent United Nations report, jatropha, a wild plant that flourishes in dry areas on degraded lands, can be processed into a bio-fuel that has the potential to be a low cost energy source for poor farmers. Although…

1 Comment / 13 View / 2nd August 2010

Tanzania: Japanese Fishing Deals nets Large Profits

Tanzania: Japanese Fishing Deals nets Large Profits

The East African country, which is anticipating the October Presidential Poll, has been promised a boost to fish farming. Following a conference held at Dar el Salaam (in the week beginning July 19th) a deal was signed by the Japan…

Comments Off / 37 View / 2nd August 2010

Sierra Leone: WFP Pledges US$23 for Country Programme Budget

Sierra Leone: WFP Pledges US$23 for Country Programme Budget

Sierra Leone is to receive an increase of US $23 million towards its Country Programme budget. The decision which has been approved by the United Nations World Food Programme (WFP) Executive Board will endeavour to aid some of the country’s…

Comments Off / 12 View / 2nd August 2010