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EU Secures Trade Deal Aimed At Monopolizing West African Market

AFRICANGLOBE - Negotiators from West Africa and the EU have put pen to paper on a €42 billion-a-year free trade deal with the West African trade bloc after 10 years of haggling, but ongoing talks with East African states remain mired in fine print.

Satellite Broadband Aims to Revolutionize African Development

AFRICANGLOBE - A new satellite system was launched into orbit last week that aims to bring high-speed Internet to remote communities across the globe. Its backers say it could have a big impact in rural parts of Africa by speeding up economic and social development.

Africa’s Agribusiness Industry Continues to Attract Private Equity Interest

AFRICANGLOBE - Two recent private equity deals in Africa’s agribusiness and food sectors show that investors continue to see opportunities in these industries.

Analysts – West Africa Attractive to Hezbollah Terorists

AFRICANGLOBE - Analysts say numerous factors have made West Africa an attractive target for Hezbollah, a Shi'ite terrorist group founded in Lebanon.

Seeking Arrangements: Iranian President Mahmoud Ahmadinejad Visits West Africa

AFRICANGLOBE - While on a tour of West Africa, set to include unspecified bilateral deals, Iranian President Mahmoud Ahmadinejad has been defending his country's controversial nuclear program. Iranian President Mahmoud Ahmadinejad said Tehran has no use for an atomic bomb.

U.S. Attempting to Muscle in On West African Markets

AFRICANGLOBE - The United States is working with West African countries to reach a trade and investment agreement that supports efforts at economic growth and integration as American companies increasingly look toward Africa for business opportunities.

Exporters In West Africa Are More Likely to Succeed

AFRICANGLOBE - Latest research by Regus, the world’s largest provider of flexible workplaces, suggests that West African companies with links to China and other BRIC nations are particularly well positioned and more likely to succeed than locally-focused businesses.

Africa Attracting More Investor Attention

AFRICANGLOBE - Africa is continuing to receive more interest as an investment destination, according to a report issued by professional services firm PricewaterhouseCoopers (PwC). The...

Trade Barriers Cost Africa U.S.$20 Billions Yearly

African states including the East African Community (EAC) member states have been urged to dismantle trade barriers in a move that would enable them...

Indian Firm to Invest $2 Billion In West African Iron-Ore Project

Jindal Steel & Power Ltd. is considering entering into an iron-ore plant acquisition deal of up to $2 billion in West Africa, in order...

Boko Haram – A Nigerian Problem With a Nigerian Solution

West Africa is at a crossroads. As terrorists lay siege to embassies in the North of the continent, the “summer of siege” in West...

Major African Airlines Move to Dominate West African Market

Successful African airlines like Ethiopia Airlines, Kenya Airways and South Africa Airways (SAA) are trying to take over the lucrative West African air transport...

India Turns to West Africa for Investments

With the unfolding of the new economic global landscape and focusing on strengthening South-South co-operation, India, one of the world's fastest growing economy is...

West Africa: Bandwidth Cost to Drop As Undersea Cable Goes Live

The cost of internet and data services is set drop drastically as the West Africa Cable System, a $650 million undersea cable goes live...

Processing Plants Reap More Benefit for Africa

Singapore's largest soft commodity and logistics company is targeting its growth projections on wheat, rice and cashew projects throughout West Africa. A constant jumble of cashews travels along a conveyor belt, accompanied by...

Growth in West Africa’s Mining Industry to be Showcased

West African regional governments have embarked on a major development programme to expand mining infrastructure and increase capacity. In doing this, the region's infrastructure and...