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Africa Loses U.S.$60 Billion Annually Through Illicit Financial Flows – Mbeki

AFRICANGLOBE - Monies for infrastructure and social amenities for the poor African population are being transferred to other countries via illicit financial flows. A former South African President, Thabo Mbeki, on Sunday in Abuja said African countries lose between $50 billion and $60 billion annually through illicit financial flow, IFF.

Boosting Growth-Oriented Industrialization in Africa

AFRICANGLOBE - The emergence of poles of growth in Africa needs greater industrialization and diversification of the Continent's productive base according to Messaitfa Bashir, Algeria's Secretary of State to the Prime Minister of Forecasting and Statistics.

Industrialisation Imperative For Africa’s Development

AFRICANGLOBE - Africa's impressive growth story has not translated into economic diversification, commensurate jobs or faster social development for Africans.

Africa Can Industrialise Massively On Basis of Commodities

AFRICANGLOBE - Africa has the potential to become an industrial hub and benefit directly from its abundant raw materials as other global economies continue to experience hard times.

Economic Blocs to Focus On Intra-Africa Trade

Preparations for the second Africa Trade Forum (ATF II) are underway. It is meant to review key challenges to implementing the agreed action plan...