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Nigeria Launches UNEDEP To Promote Self Employment Among Graduates

Nigeria Launches UNEDEP To Promote Self Employment Among Graduates

AFRICANGLOBE – All over the world, entrepreneurship has been identified as the major driver of economic growth and development… The success of many economies can be traced to entrepreneurs who started small and then grew to become multinationals

Capitalising From Regional Economic Integration in Africa

AFRICANGLOBE – The success of one nation depends on the success of its neighbours. It happened in Asia, now we are seeing this in the Eastern African region. The Eastern African region is a region with robust growth leading to a ‘New Normal’ for Africa.

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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.

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China’s Aggressive Expansion into Africa Continues With China Daily Newspaper

AFRICANGLOBE – China’s largest English newspaper, China Daily, launched an African edition, continuing a trend of Chinese media expansion into Africa. The trend follows increasingly strong trade partnerships between China and Africa’s fast developing nations. Weekly editions of China Daily will be published in Nairobi, Kenya’s capital city. The stat-run paper joins fellow Chinese news [...]

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U.S., Nigeria Trade Hit $38.5 Billion in 2011

AFRICANGLOBE – The United States and Nigeria’s trade volume has been valued at $38.5 billion for 2011, with nearly 12 percent increase from 2010, largely due to higher oil export volumes and prices. This was made known during a meeting between the Assistant U.S. Trade Representative for Africa Florizelle B. Liser and Nigeria’s Minister of [...]

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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 will feature two-way trade missions and shows, training American development leaders on working in Africa and holding a series of Africa Global Business Summits in the U.S. during 2013. Many observers [...]

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Trade Among African Countries Essential to Sustainable Growth

AFRICANGLOBE – Marking Africa Industrialization Day, Secretary-General Ban Ki-moon today flagged the role that trade among African countries play in achieving sustainable, inclusive and equitable growth in the continent, and called for its expansion by lowering trade constraints. “African economies are among the fastest growing in the world, yet intra-regional trade accounts only for 10 per cent [...]

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Africa’s Commercial Strength Threatened By Eurozone

AFRICANGLOBE – The arrival of new trading partners has boosted African economies and not just in the oil and minerals sector. But the World Trade Organisation’s Deputy director-general, Valentine Rugwabiza, from Rwanda, believes that Africa needs to look beyond natural resources to create jobs for the continent’s many young people. In the WTO we have seen [...]

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Trade Barriers Cost Africa U.S.$20 Billions Yearly

African states including the East African Community (EAC) member states have been urged to dismantle trade barriers in a move that would enable them to generate an extra $20bn earnings per annum. A new World Bank report says that Africa’s farmers can potentially grow enough food to feed the continent and avert future food crises [...]

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