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Wealthy Gulf Investors Pour Into Africa

AFRICANGLOBE – Some agricultural investments being made in Africa by Gulf States may risk involvement in the socio-political and water scarcity problems of African countries, if they displace local people from their land or disrupt local farming patterns. We are very concerned that the land deals will lead to increased violence at the local level.

January 4, 2013No CommentRead More

China Pouring Fake Drugs Into Africa, Endangering Millions

December 28, 2012 No Comment

AFRICANGLOBE – Nobody has a head count – or a body count – on numbers of Africans that have died as a result of fake drugs. But China’s role certainly has been dreadful. Though China is increasingly becoming the most visible and active foreign presence in Africa, there is a downside, as revealed by a recent expose.

Capitalising From Regional Economic Integration in Africa

December 26, 2012 No Comment

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.

South Africa: Explosive Strikes, a Ticking Time Bomb

December 24, 2012 No Comment

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’s Aggressive Expansion into Africa Continues With China Daily Newspaper

December 15, 2012 No Comment

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 [...]

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

December 11, 2012 No Comment

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 [...]

Obama Administration Announces Campaign to Encourage Investment in Africa

November 29, 2012 No Comment

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 [...]

Trade Among African Countries Essential to Sustainable Growth

November 21, 2012 No Comment

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 [...]