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At What Rate Is Ethiopia Growing? The IMF Vs. Ethiopia

" If all economists were laid end to end, they would not reach a conclusion." -George Bernard Shaw Ethiopia is clearly booming, not only the...

Africa Faces an Energy Supply Crisis But Economic Boom Is Near

The World Bank's Africa Energy Unit (AFTEG) estimates that 25 of Africa's 54 nations face an energy crisis. However, Paul Fitzsimons, power and energy...

Chinese Nationals Accused Of Stealing and Eating Zimbabwean Pets

Fresh allegations of animal abuse and the consumption of cats and dogs by Chinese immigrants in Zimbabwe have resurfaced as the Society for the...

Africa’s Oil and Gas Outlook for 2012

If 2011 was a record year for elections in Africa, it was also the year frontier exploration for oil and gas came of age. Global crude oil prices have risen steadily since mid-2010, and with annual growth in Africa's oil production likely to be 4 percent over the next 5 years, the long-term triple digit oil price environment likely to stay, and proven oil reserves reaching 132.1 billion in 2010 (from and estimated 53.4 billion barrels in 1980), Africa has never been more attractive for the ambitious explorer.

Zimbabwe's Massive Fuel Consumption Surge Signals Recuperating Economy

The Zimbabwe Revenue Authority (ZIMRA) has revealed a massive leap in fuel consumption in the country, indicating this was a clear signal of a...