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Britain’s New African Empire – A Must Read

AFRICANGLOBE - Companies listed on the London Stock Exchange control over $1trillion worth of Africa’s resources in just five commodities – oil, gold, diamonds, coal and platinum. They have mines or mineral licences in 37 African countries and control vast swathes of Africa’s land: their concessions cover a staggering 1.03 million square kilometres on the continent. This is over four times the size of the UK and nearly one twentieth of Africa’s total land area. The ‘Scramble for Africa’ is proceeding apace, with the result that African governments have largely handed over their treasure.

The 10 Most Well-Known Countries In Africa

AFRICANGLOBE - What I set out to do in this piece is to map out 10 of the most well-known countries on the continent. I must, however, point out that it was not easy to choose the 10 out of 54 African countries. My choice is thus subjective, but I have tried to point out why these countries deserve to be on this list. I have based my selection on the basis of history, geography, political influence, culture, personalities and accidents/incidents.

Racist India Looking To Africa For Uranium Supplies

AFRICANGLOBE - On the sidelines of its campaign for membership in the Nuclear Suppliers Group (NSG), India is likely to ask African countries to relax commitment to the Pelindaba Treaty which controls supply of uranium from key mineral hubs of Africa to the rest of the world.

Africa Is Undeniably An Emerging Market

AFRICANGLOBE - Already, African manufacturing is expanding. Fifteen percent of China’s direct investment in Africa goes to factories. Yes, that’s right—China, workshop of the world, is building industrial plants in low-cost Africa.

Tourists Hide Their Faces In Shame For What They’re About To...

AFRICANGLOBE - Last week, 13 wealthy European tourists descended on three farms near the rural South African town of Alldays , where one of the most shameful events ever conceived had been planned for their amusement.

Is 50 Cent Moving To Africa?

AFRICANGLOBE - Is US rapper 50 Cent moving to Africa? The 40-year-old recording artist, whose real name is Curtis James Jackson, has posted a video of his new “crib” somewhere in Africa without revealing its whereabouts.

The Top 10 Fastest Growing Economies In Africa

AFRICANGLOBE - The continent is currently experiencing an average economic growth of between 5 and 8% a year. It’s the youngest region in the world, and by 2040, is expected to have the largest workforce in the world at 1.1 billion people.

A Re-Evaluation Of Africa And China

AFRICANGLOBE - China’s strategy (and intention) with investment in Africa is still largely a mystery. Commentary ranges from complimentary assessment as a true economic development partner to derogatory indications as the “new colonizer.”

35 Quick Facts About Africa That Will Amaze You

AFRICANGLOBE - Zimbabwe’s President, Robert Gabriel Mugabe is the world’s most educated President with 7 degrees, two of them are Masters. Ethiopia’s economy is growing faster than China’s. Check out these and many other amazing facts about Africa.

Africa Will Have Just One Low Income Country By 2050

AFRICANGLOBE - As the second-fastest growing region in the world, Africa has enjoyed robust economic growth in recent years. Most African countries that are today considered low income will transit to middle income within 15 years.

Accra, Nairobi Adding Millionaires Faster Than Any Other African Cities

AFRICANGLOBE - The Ghanaian capital of Accra is expected to add dollar millionaires at the fastest rate of any African city over the next decade, as a stable political climate and developed banking system help boost financial services, telecommunications and property development.

Ethiopian Airlines Flying High As Other Carriers Sink

AFRICANGLOBE - While other major African airlines, including Kenya Airways and South African Airways, slid into loss, Ethiopian Airlines has grown its revenue and expanded its routes to become the most networked carrier on the continent.

Forget China: Ethiopia Is The Business Model South Africa Needs To...

AFRICANGLOBE - Next time President Jacob Zuma sends a government delegation outside the country to learn how other governments run state companies he must consider an unlikely tutor, Ethiopia. Poor as it is compared to South Africa, Ethiopia can teach our government officials a thing or two on how to run state companies profitably without bleeding state coffers.

Africa’s Economic Potential Is Massive

AFRICANGLOBE - Africa still has huge potential, with its rapidly growing working age population and huge relatively unexploited market of more than 1-billion people. Now, if ever, is the time for its economies to implement structural reforms to speed up growth and cut poverty.

Africa’s Military: Who Has The Most Powerful Force?

AFRICANGLOBE - The African Union is preparing to launch its African Standby Force in December. In October and November 2015, the continent’s armies will meet for a joint field training exercise called Amanai Africa II in South Africa. The exercise is aimed at developing the ASF to its full operational capability by the end of the year. We take a look at the top 10 most powerful armies on the continent.

Industry: Africa’s Third Revolution

AFRICANGLOBE - Renewable energy, the sharing economy and transportation innovation are reshaping economies across the world. Will Africa be able to leapfrog
in its development to build revolutionary electricity, manufacturing and transportation networks?

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