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Three Years Later, Haiti’s Recovery Efforts Stumble

AFRICANGLOBE - It has been almost three years since the earthquake that devastated Haiti on Jan. 12 2010. However, despite billions in international aid, hundreds of thousands of Haitian citizens are still left homeless and hungry. Government leaders in charge of spending have been accused of mismanagement, and as it stands now, reconstruction is still a ways off.

China’s Aggressive Expansion into Africa Continues With China Daily Newspaper

AFRICANGLOBE - China’s largest English newspaper, China Daily, launched an African edition, continuing a trend of Chinese media expansion into Africa. The trend follows...

Zimbabwe Backs Nanotechnology As Route to New Drugs

AFRICANGLOBE - The Zimbabwean government has shown signs of embracing nanotechnology, earmarking it for extensive funding from the science ministry's 2013 budget for new...

World Bank Approves $1.15 Billion Interest Free Loan for Ethiopia

The World Bank has endorsed a $1,15 billion interest free loan to Ethiopia under its country partnership strategy (CPS) that will help the Horn...

Beyond Consumerism: Empowering the Next Generation of Innovative Africans

Africans are often regarded as big consumers and small producers, even though the continent is rich with natural and human resources. Our capacity to...

Corruption Scandal Threatens to Implicate Washington Mayor Vincent Gray

In recent days, residents of the nation’s capital have viewed the rapidly unfolding details of a massive campaign fraud that potentially runs all the...

Ethiopia Urges Foreign Investment in Railways

Ethiopia has called for more foreign investment into the country's railways, as it plans to build a railway network of nearly 6,000 kilometers in...

Group Launches Petition Against Invisible Children’s KONY2012 With Open Letter To...

This past weekend, Invisible Children launched its “Cover the Night” event in cities across the U.S. and the world. As you know, Invisible Children...

100 HBCU’s Fighting Proposed Funding Cuts

AFRICANGLOBE - A coalition of more than 100 colleges and universities are fighting to persuade Congress and the special supercommittee not to cut $85 million or more in federal funding.

Shell Accused of Funding Clashes, Armed Gangs in Nigeria

AN industry watchdog, Platform of London has accused Royal Dutch Shell, the parent company of Shell Petroleum Development Company of Nigeria (SPDC) of funding armed gangs, which had fuelled human rights abuses in Nigeria.

California Moves to Increase Charter Schools

In the midst of historic austerity measures being implemented by the administration of Democratic Governor Jerry Brown, California public schools confront staggering budget shortfalls. In certain districts, privatization is being offered up as an alternative to mass teacher layoffs

South African Govt Launches U.S. $1.3 Billion Jobs Fund

The south African National Treasury's R9 billion Jobs Fund, which aims to create 150 000 jobs over three years, is now accepting applications from companies and non-governmental organisations with innovative job creation projects, said the Minister of Finance Pravin Gordhan.

Zimbabwean Diasporans Set to Launch U.S. $120 Million Initiative to Fund...

ZBNI is also proposing another alternative method of raising finance called crowd funding, where entrepreneurs can receive pledges for business projects via online networks, instead of the traditional method of looking for loans.

Fund Boosts Black Entrepreneurs

South Africa's National Empowerment Fund (NEF), the government agency set up to provide capital for black economic empowerment transactions, has contributed almost R700-million toward economic transformation

African Countries Credit Ratings – Key for Effective Resource Mobilization On...

Uganda and Rwanda are tangible examples where implementation of important reforms over the years have improved their macroeconomic performance, debt sustainability levels, business environment and their financial prospects