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Africa To Attract Investments Worth US$180bn, States PwC Report

AFRICANGLOBE - Expenditure on infrastructure in Africa is set to reach US$180bn per annum in 2025, according to a report by professional services firm Pricewaterhouse Coopers. The report titled Capital Projects & Infrastructure in East Africa, Southern Africa and West Africa,was drafted after a survey was conducted among 95 players in the infrastructure industry.

Think Zimbabwe Is A Basket Base? Just Wait; It Could Become...

AFRICANGLOBE - It might not look likely today, but the unique circumstances in Zimbabwe give it the potential to become one of the most economically successful countries in Southern Africa. Rich in minerals, human capital, and opportunities in technology and finance, it has the raw materials to create a wildly successful economic environment.

What Do The Americans Know About The Ebola Eutbreak?

AFRICANGLOBE - Before the current Ebola outbreak, American scientists had been doing research on haemorrhagic fevers, including Lassa and Ebola, in the very countries now affected by the current outbreak – Guinea, Liberia and Sierra Leone. Did the research go wrong? Did the researchers use the local area as a laboratory for their experiments? What happened exactly? These are questions the Americans have to answer. And immediately!

President Mugabe Urges Southern Africa To Reduce Dependence On Aid

AFRICANGLOBE - Zimbabwean President Robert Mugabe on Sunday urged southern Africa to reduce its dependence on foreign aid and to make better use of its natural resources such as minerals and land. President Mugabe was speaking at the opening of a two-day summit of the 15-member Southern African Development Community in Zimbabwe's Victoria Falls tourist resort.

Malema’s EFF Spreads Across Southern Africa

AFRICANGLOBE - South Africa’s Economic Freedom Fighters party, led by the charismatic political figure Julius Malema, has spawned a sister party in neighbouring Namibia, officials of the new group said yesterday. The Namibia Economic Freedom Fighters (NEFF) would be a “radical left”, anti-capitalist and anti-imperialist movement, said businessman-turned-politician Epafras Mukwiilongo.

Nelson Mandela Is Dead: Why Hide The Truth About Apartheid?

AFRICANGLOBE - In 1961, a US B-52 bomber carrying two atomic bombs with a destructive capacity 260 times that of the bomb dropped in Hiroshima, had an accident and the aircraft crashed. The first bomb landed without risks. In the case of the second, three of the four mechanisms failed, and the fourth, in very critical conditions could barely function. The bomb did not explode by mere chance.

Africa-Wide Free Trade Area Becoming A Reality

AFRICANGLOBE - Three regional economic communities in Africa are expected to sign an agreement in 2014 to establish an enlarged market covering 26 countries in eastern and southern Africa. The "Grand" or Tripartite Free Trade Area with a combined population of some 600 million people and a Gross Domestic Product of about US$1 trillion covers half of the member states of the African Union and is intended to boost intra-regional trade, increase investment and promote the development of cross-regional infrastructure.

Corporate Media Attempts To Hide Cuba’s Role In The Liberation Of...

AFRICANGLOBE - While Britain's Margaret Thatcher was branding Nelson Mandela a terrorist and selling arms to the White apartheid regime, Communist Cuba took up arms against it. While Britain was strutting the world stage, throwing around high-minded accusations about human rights, Cuban volunteers were dying in Angola fighting the racist regime.

Aids-Related Deaths Fall 38 Percent in East and Southern Africa

AFRICANGLOBE - A ten-fold increase in access to life-prolonging drugs contributed to a 38 percent drop in the number of people dying from AIDS-related causes in eastern and southern Africa between 2005 and 2011, the United Nations said on Tuesday.

Southern Africa Seeks $64 Billion Investment in Transport, Other Infrastructure

AFRICANGLOBE - Southern Africa is seeking investment and finance for a $64 billion programme to improve transport, energy and other infrastructure over the next five years. The plan for 106 cross-border infrastructure projects covering the priority sectors of energy, transport, tourism, water, information communication technology and meteorology was presented to

South Africa – a Top Tourism Destination

AFRICANGLOBE - South Africa’s heritage and culture tourist attractions are taking centre stage at this year’s South African Tourism Indaba hosted in Durban. The Indaba is the largest travel and tourism trade show and marketing event on the African tourism calendar.

Single East African Currency Encouraged

AFRICANGLOBE - A new report by African Development Bank has proposed the establishment of a single currency in the Common Market for East and Southern Africa (Comesa) member countries, a move that is seen as a stepping stone in cementing regional economic growth.

Southern Africa: Region Calls Urgent Summit on DR Congo

AFRICANGLOBE - South African president Jacob Zuma is to travel to Dar es Salam where regional leaders are expected to hammer out approaches to...

Southern Africa Has Astronomical Energy Potential

AFRICANGLOBE - The potential for renewable energy (RE) in the Southern African Development Community (SADC) is estimated at 37,342 TeraWatt hours (TWh). According to...

Congo’s $9 Billion Hydropower Plant to Supply Power to Southern Africa

The Democratic Republic of the Congo (DRC) has revised plans to build the Inga III hydropower plant, in order to account for the provision of...

Development Bank Approves Billions for Infrastructure in Southern Africa

The Development Bank of Southern Africa approved R27.5-billion for infrastructure projects, 86% of which are in South Africa, during 2011/12, the bank said on...