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Kenya Launches Africa’s Biggest Wind Power Project

Kenya Launches Africa’s Biggest Wind Power Project

AFRICANGLOBE – Kenyan President Uhuru Kenyatta broke the ground on Thursday to kick-off the construction of Africa’s biggest wind power project at Lake Turkana in northwest Kenya. The project is expected to cost the East African country some $700 million and is backed by a large number of investors from around the world.

Number Of Black Women-Owned Businesses Skyrocket By 322 Percent

AFRICANGLOBE – The number of Black women-owned businesses has grown by a whopping 322 percent since 1997. Today, Black women own roughly 14 percent of all businesses in the country owned by women, which tallies to around 1.3 million businesses.

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Ethiopia: Single-Minded Progress

AFRICANGLOBE – “Singularity of purpose and execution make Ethiopia’s fast growth possible.” Ethiopia’s GDP has grown to US$52,3bn in 2014 from $29,9bn in 2010. Total investment grew from 21% of GDP in 2009 to 34% of GDP in 2014, having peaked at 37% in 2012, according to World Bank data. “Ethiopia has cleverly taken big bets which are set to pay off and make Ethiopia the new manufacturing hot spot,”

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Ethiopia Should Leave Africa

AFRICANGLOBE – In the 1870s Japanese public intellectual Yukichi Fukuzawa shocked his audience by stating that he thought Japan should leave poor Asia and join the modern world. Japan in those days was going through a phase of rapid change, which would eventually lead to Japan becoming a modern nation and the leading nation in Asia.

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No Electricity No Problem: Nigerian Invents Gas-Powered Pressing Iron

AFRICANGLOBE – A few weeks ago, the Internet was buzzing with photos of what was tagged the ‘Nepaless Iron’. It was very intriguing, and as you can imagine, we wanted to get in behind the story. The ‘Nepaless Iron’ is actually called the ‘Iron Rhino’ and is the innovative brain child of a Nigerian Engineer, Ayokunle Adeniran.

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Ethiopia Scrambles To Meet Property Demand In Booming Capital

AFRICANGLOBE – A property boom in Ethiopia’s capital is putting pressure on the government to keep homes affordable for some of Africa’s poorest people who also live in one of its fastest-growing economies.

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Embarrassing? How Long It Takes China To Create The Equivalent Of An African Economy

AFRICANGLOBE – Jim O’Neill, former head of economics at Goldman Sachs, once calculated that China created an economy the size of Greece every three months. Between 2012 and 2013, China’s economy grew by $1 trillion, from $8.2 trillion to 9.2 trillion. We apply the same calculation for African countries using data from the World Bank, and see how long China takes to create economies equivalent to African countries’

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10 Numbers That Show How A Few African Nations Are Winning

AFRICANGLOBE – It seems that every day, a new road is being commissioned or built in Ethiopia; the country is on a massive infrastructure-building spree. Although hard data is scanty on just how many new roads, ports, houses and bridges have been built in the past few years, it can be inferred by looking at cement consumption per capita.

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Hookers, Kidneys & Nose Jobs: New Map Shows Most Searched Cost Obsessions By Country

AFRICANGLOBE- The cost of flying a MiG fighter in Russia, buying kidneys in Iran, prostitutes in Ukraine and rhinoplasty in S. Korea are just a few of the most popular Google requests worldwide, a new map shows. It does give some weird insights into the countries.

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