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Dangote Still The Richest Man In Africa

AFRICANGLOBE - Despite the economic downward spiral in recent times, business magnate Aliko Dangote still retains his title as the richest man in Africa. According to Forbes, Aliko's loss of $10 .3 billion which is tagged the biggest loss of the year didn't deprive him of retaining the number one spot in Africa.

Egyptian Economy Worst Than Previously Thought

AFRICANGLOBE - Egypt's newly-appointed finance minister said on Wednesday that political instability would cause the economy to grow more slowly this year than earlier official forecasts showed, with the budget deficit also bigger than thought.
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