Ann Brown

  • In One Month, Nigeria’s External Reserves Fall By $1.2B

    By Ann Brown, 8:00 pm

    Nigeria didn’t receive good financial news from the Central Bank of Nigeria (CBN). According to the latest data by the CBN, the nation’s external reserves pool continued its downward trend. This news comes during a “continued defense of the Naira in the face of declining supply of foreign exchange by autonomous sources, just as there […]

  • Uganda Gets $103M ADB Loan Earmarked For Science & Tech Students

    By Ann Brown, 7:00 pm

    Uganda is trying to boost the number of professionals in science and technology. It is using a $103 million loan from the African Development Bank to enable six targeted Institutions of higher learning to enroll additional 35,000 students in science and technology programs at university and more than 12,000 through virtual learning, reports Saturday Monitor. […]

  • Kenya’s Textile Workers Say Chinese Imports Threaten Industry

    By Ann Brown, 6:00 pm

    From All Africa Textile workers and business owners in Kenya complain that the import of cheap goods from China and second-hand textile goods from other countries are threatening their industry and suppressing the number of good manufacturing jobs available to Kenyan workers. The owners want the Kenyan goverment to control the flow of imports into […]

  • Angola’s Biggest Business Trade Fair In Luanda Launches Website

    By Ann Brown, 5:00 pm

    From All Africa The Luanda International Fair (FIL) launched in Luanda its official site, in which they will publish daily news about the different fairs organized by the institution. Among the contents to be divulged are news about the institution, its products and services, photographs and video of events promoted by FIL, audio of interviews […]

  • Ghana: Using Technology To Inspire Rural Communities

    By Ann Brown, 4:00 pm

    From All Africa In Ghana most girls are expected to go to a decent school, find a well-paying job, then seek out a husband – not many women pursue careers in male-dominated fields like computer science and information technology. Social entrepreneur and winner of an Aspen Institute 2013 New Voices Fellowship, Regina Ayare, hopes to […]

  • Ugandan Borrowers Shy Away From Foreign Currency Loans Over Costs

    By Ann Brown, 3:00 pm

    From Saturday Monitor The growth of Shilling denominated loans has finally taken over foreign denominated loans after two years. Following the high interest rates charged by commercial banks and financial institutions, especially on the Shilling denominated loans that rocked Uganda’s credit market, borrowers decided to switch to foreign currency denominated loans which they saw was […]

  • Silicon Valley Takes Notice of Ghana’s ‘Dropifi’ Startup

    By Ann Brown, 2:00 pm

    From CNN It may be a long way from home but it took just two years for a trio of young techies to take their web-based startup from a classroom in Ghana to the world’s technology capital, California’s Silicon Valley. In November 2011, Ghanaian entrepreneurs David Osei, Kamil Nabong and Philips Effah founded Dropifi, an […]

  • Zimbabwe Asks Neighboring Countries To Help Fund Election

    By Ann Brown, 1:00 pm

    From CNN Zimbabwe has asked neighboring southern African countries to help fund elections scheduled for the end of the month, the country’s finance minister said Wednesday. Tendai Biti said he had released about $40 million of the $132 million the Zimbabwe Electoral Commission needs for the July 31 vote, “but we are far away from […]

  • Cape Verde: One of Africa’s Most Stable Economies Into 2014, Says EIU

    By Ann Brown, 12:00 pm

    From ASemana The most recent Economist Intelligence Unit (EIU) report places Cape Verde among Africa’s most stable countries in 2013 and 2014. The report warns, however, that the economic and social outlook could cause tensions in the country as a result of the high level of unemployment, the vulnerability of the economy and the drop […]

  • How Rice Farming Is Transforming Mali

    By Ann Brown, 11:00 am

    From All Africa Aspen Institute 2013 New Voices Fellow Salif Romano Niang is the co-founder and chief impact officer of Malo, a company working to revolutionize the rice industry in Niang’s home country of Mali. Niang created a new model of rice production and marketing across the entire rice value chain that supports small-scale farmers […]