Currencies, capital markets, and the prices that move African economies.
Somalia is a country that has known war and conflict for the longest time. War and conflict have brought devastating effects on Somalia's economy and infrastructure. But the most shattering repercussions of the endless and always simmering tensions are on human lives. Often, victims in Somalia are unable
Cameroon has discovered 300 new mineral mines. The mineral mines were discovered across the ten regions of this Central African nation. Among the mines discovered were sapphire, zinc, rare earth, uranium, nickel, and manganese. The discovery was made possible by a project funded by the World Bank. According to the
The potential to increase Africa’s agricultural yields through the strategic use of data could place the continents’ farmers at the heart of tomorrow’s global economy. “New technologies readily available to Africa’s farmers mean that the continent is finally at the moment where Africa’s vast, as-yet-unrealised, agricultural
Three heads of African governments have decided to absent themselves from the World Economic Forum (WEF) scheduled to begin in South Africa from Wednesday September 4. The three heads of state that have withdrawn their participation from the event are President of Rwanda Paul Kagame, President of DR Congo Felix
The G7 in recent years had promised much but provided little. Perhaps, the fact that most of the themes center on the interest of the economically advantaged countries at the expense of the third world. Although, overshadowed by the call to #saveamazon, the announcement by the French President of a
When the winds of democracy swept through Sudan, resulting in the ouster of long-time dictator Omar al-Bashir, what ensued was a thick cloud of uncertainty. And tortures. Abductions, and killings. It was brutal. The power vacuum had been filled by the military, and the democratic movement had been choked. Choked,
Slavery and slave trade remain some of the biggest atrocities ever committed on black people by the Europeans and Americans. Black slave trade raised enormous profits for the slave owners and this was the money they used to develop their aspects of life, including academics. Glasgow University noted that it
When one looks at Rwanda's development, there is often a conflict that arises. On one hand, supporters of the Rwandan government say that Paul Kagame has done an excellent job at rising the country out from the ashes of the genocide to being one of Africa's
The country’s Central Bank chief, Bakery Jammeh presented copies of the new notes to President Adama Barrow. The new currency is to be released into the economy today through commercial banks. The new currency notes released include the 5, 10, 20, 50, 100 and 200 dalasi notes. As expected,
Members of the British House of Commons in 1807 knew what they were doing when they abolished the slave trade. Majority of them never wanted slavery to come to an end. However, they knew that people were becoming more resistant. It is possible that they also wanted to write their
American congress members are in Ghana to mark the 400th anniversary of the first-enslaved Africans landing in America. The delegation includes House Speaker Nancy Pelosi, House Majority Whip James Clyburn, Congressional Black Caucus chairwoman Karen Bass, and House representatives Barbara Lee and John Lewis. The delegation was welcomed on Sunday
Ethiopian Prime Minister Abiy's administration has approved a new policy that is set to do away with cash transactions in a move intended to stem underground illegal currency transactions. In a special meeting on improving the ease of doing business and investment climate in Ethiopia, the Prime Minister
The agreements which cover bilateral trade, air transport, and ICT were signed at the end of talks held between Presidents Uhuru Kenyatta and Mokgweetsi Masisi at State House, Nairobi and attended by Deputy President Dr. William Ruto. President Mokgweetsi Masisi, who is in Kenya on a three-day state visit, was
Moralists have always argued that one cannot put a price on the value of a human being. This argument has been used to condemn organ harvesting and the black trade in body parts. For years, they have contended that a human being is more than the sum of their body
The prevalence of poverty in many lakefront communities in Sub Saharan Africa compels people to engage in desperate activities in a bid to make ends meet. They are often left with no other option than to be involved in those precarious activities that pose serious risks to their health. Of
Luxury brands such as Rolls Royce, Rolex and a handful of others have always taken pride in their craftsmanship in a world where mass production is the target. Mercedes Benz's AMG brand comes with engines that bear the signature of the engineer who put it together. This is
