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Where Are South Africa’s Rich Migrating To?

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AFRICANGLOBE - South Africa over the past 14 years has seen High Net Worth Individuals outflow of about 8,000. Another African that has seen a large outflow is Egypt with 7,000. “The main reason people apply for a second residence or citizenship is to ensure freedom of global mobility and access, as well as security and wealth protection for their families,"

Many Feared Dead As Muslim Terrorists Attack Nigerian Town

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AFRICANGLOBE - Many people were reportedly killed late Friday in an attack on Damaturu, the capital of Nigeria's northeastern Yobe state by Muslim terrorists linked to Boko Haram.

African Armies Are On A Spending Spree

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AFRICANGLOBE - Last year military spending in Africa grew by 8.3%, faster than in other parts of the world. Two out of three African countries have substantially increased military spending over the past decade; the continent as a whole raised military expenditure by 65%, after it had stagnated for the previous 15 years.
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