Pro-aid activist, Bob Geldof abandons aid for trade. While this is a move in the right direction, should he still be seeking money for the continent? What’s your viewpoint? Share your thoughts… via Reuters Bob Geldof plans to raise $1 billion for an African investment fund to be called 8 Miles, according to a person [...]
Full Story »Development: Bob Geldof abandons aid for trade: plans to raise $1 billion for an African investment fund
McKinsey: Can Africa continue to grow?
Global consulting firm, McKinsey & Company has focused much of its recent research on the continent’s growth prospect. Despite the good news the company wonders, is all this growth sustainable? They conduct an interview with Absa Bank’s CEO, Maria Ramos, President of Coca Cola South Africa, Bill Egbe and Nobert Door, Head of McKinsey’s sub-Saharan [...]
Full Story »50 Things You Should Know About Africa
50 things you should know; some good, some not so good. Nevertheless, important for knowledge and awareness building. The largest population in SSA is 151.3 million in Nigeria; the smallest is 0.1 million in Seychelles. 26 The highest connection charge for a business phone is $366.6 in Benin; the lowest is in Ghana at $0.7. [...]
Full Story »Power: Nigeria to privatise power generation
(Financial Times) – Nigeria’s president on Thursday invited foreign investors to join what could be one of Africa’s biggest privatisations as the country seeks to sell its power generation and distribution companies. Goodluck Jonathan called time on the state-owned power company, which has given Nigeria one of the lowest per capita supplies of electricity in [...]
Full Story »Development: Harambe Nigeria Releases Shortlist of Farmers for Business Competition
Harambe Nigeria, the organization focused for three years now on youth being agents of change within the agricultural sector, has announced its shortlist for the first ever agricultural business plan competition for young people between the ages of 21 and 35, launched on April 1 this year. The competition received 70 entries in a wide [...]
Full Story »Commentary: Africa has the means to feed itself but does it have the support – and the will?
One week from now, 200 agricultural experts from across Africa and around the world will meet in Namibia at the annual regional food security policy dialogue of the Food, Agriculture and Natural Resources Policy Analysis Network (Fanrpan) to discuss some of the most pressing issues facing the African continent. One month from now, a UN summit [...]
Full Story »Commentary: Spotlight on African Agriculture
Keith Mullin, Editor-at-Large of Thomson Reuters IFR, writes on prospects for the flourishing investment in African agriculture. Africa is turning into a fashionable post-crisis investment destination as investors regain their confidence and start to focus on the continent’s lack of direct involvement with the global market’s volatility drivers and trouble hotspots. Africa is benefiting not only [...]
Full Story »Opinion: Why foreign aid and Africa don’t mix by Charles Abugre (Millennium Challenge Corporation)
This story is syndicated via CNN. CNN is currently doing a feature on the continent called ”Africa 50.” Africa 50 is a special coverage looking at 17 African nations marking 50 years of independence this year. You can read more articles and watch videos of Africa 50 here (CNN) — I once asked a president of [...]
Full Story »Commentary: Can Africa break its ‘resource curse’?
This story is syndicated via CNN. CNN is currently doing a feature on the continent called ”Africa 50.” Africa 50 is a special coverage looking at 17 African nations marking 50 years of independence this year. You can read more articles and watch videos of Africa 50 here (CNN) — Many African countries are blessed with [...]
Full Story »Energy: Ghana has 1.2 tr cubic feet of gas
Ghana has 1.2 trillion cube feet of gas in the Jubilee field, in the western region, which could meet the requirement of 15,000 barrels of crude oil needed to operate the Aboadze Thermal Plant. There are 1.8 billion barrels of crude oil (recoverable reserves) in the Jubilee field, making it single biggest in Africa and [...]
Full Story »







