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Ethiopian Parliament Approves Chinese Funding For Infrastructure Projects

AFRICANGLOBE - Ethiopia's parliament on Tuesday approved three loan agreements worth over 380 million U.S. dollars made with the Chinese government and the Export-Import Bank of China to finance major infrastructure constructions in Ethiopia.

Grand Ethiopian Renaissance Dam Treaty Signed

AFRICANGLOBE - A tri-partite treaty agreement between Ethiopia, Sudan and Egypt has been signed in Khartoum for the Grand Ethiopian Renaissance Dam, sparking the launch of a water resources modeling study and a hydropower simulation assessment.

Mozambique’s Natural Gas Wealth Set To Power Its Development

AFRICANGLOBE - For gas producers, there may be a silver lining, with lower prices creating an opportunity to use natural gas for power generation and other projects. The future of Southern Africa’s gas market, for example, could lie along a 2,600km pipeline linking the gas fields of Mozambique to South Africa.

Africa – The Next Twenty Years

AFRICANGLOBE - The general trajectory of change in Africa over the last sixty years has to a large degree set parameters that will govern what it can expect over the next twenty years. Such a premise provides little to suggest that future political and economic change will come in other than uneven and modest increments.

Ethiopia Welcoming More Chinese Manufacturers

AFRICANGLOBE - As China's labor, manufacturing and resources costs continue to rise, Ethiopia, one of the fastest developing countries in the world is hoping Chinese companies will consider opening more factories there. "China is one of our country's main donors in building infrastructure, a big constructor and a major technology provider," said Seyoum Mesfin, Ethiopian ambassador to China.

South Africa: Explosive Strikes, a Ticking Time Bomb

AFRICANGLOBE - Africa's largest trade union movement, the Congress of South African Trade Unions (Cosatu) has warned that strikes in South Africa remain a ticking time bomb needing to be addressed urgently. Strikes were commonplace in South Africa in 2012 with the most explosive being in key sectors like mining, agriculture, and the transport industry.

China Offers Broader Relationship With Africa Than U.S. – Experts

AFRICANGLOBE - China's business and development model in Africa differs sharply from that of the United States, as it is offering African countries a broader relationship, U.S. according to a group of experts.

ANC Conference: Nationalisation Off the Table

AFRICANGLOBE - The ANC's national conference has resolved that wholesale nationalisation is "off the table", ANC economic transformation policy commission head Malusi Gigaba said...

Zimbabwe Backs Nanotechnology As Route to New Drugs

AFRICANGLOBE - The Zimbabwean government has shown signs of embracing nanotechnology, earmarking it for extensive funding from the science ministry's 2013 budget for new...

Nigeria’s Shea Butter Market Can Yield $2 Billion Yearly – Experts

AFRICANGLOBE - Speaking at a briefing on the forthcoming 6th International Shea Industry Conference organised by the Global Shea Alliance (GSA), experts have revealed that Nigeria’s largely untapped...

Little Change in China-Africa Relations Likely Under Jinping

AFRICANGLOBE - How will Africa’s interest be bargained under China’s new leadership? This is the question that has generated interests among African pundits ahead of...

Obama Administration Announces Campaign to Encourage Investment in Africa

AFRICANGLOBE - President Obama sent his acting Commerce Secretary Rebecca Blank to Africa to announce his administration’s new “Doing Business in Africa” campaign, which...

U.S. Election Causes Surge in Caribbean Property Inquiries

AFRICANGLOBE - Based on figures from the CBO and the Joint Committee on Taxation, federal taxes will increase by a total of $423 billion...

South Africa Pumps R800m Into Research

AFRICANGLOBE- South Africa's Science and Technology Minister Derek Hanekom has approved the transfer of R798-million to South Africa's National Research Foundation (NRF) for human...

Ethiopia, Qatar Resume Diplomatic Ties

Ethiopia and Qatar have resumed diplomatic and economic ties, the prime ministers of both countries said on Monday, ending a four-year row over claims...

What if Africa Was a Company – An Economic Analysis

There's been a lot of talk these past few months about Africa Rising, for whom and what for. But it's kind of difficult for...