Ann Brown

  • Q & A: Kenyan Tent Maker Aims For Coolest Solution Under The Sun

    By Ann Brown, 8:20 am AFKI Original

    Kenyan Eric Kinoti started making tents in 2008 and his company now generates $1 million in sales. But he almost lost it all. Now, at age 30, he is recognized by presidents and chambers of commerce. “There are opportunities that I have missed because of ‘my age’,” he said. Kinoti spoke to AFKInsider about how he’s paying it forward.

  • Q&A: Young African Leader’s Co-op Helps Single Moms Grow Jobs

    By Ann Brown, 2:20 am AFKI Original

    Selma Neves was frustrated by the lack of opportunities for rural women in Cabo Verde so she created a food and handicrafts cooperative for single moms. A fellow of President Barack Obama’s 2014 Young African Leaders Initiative, she joined forces with a Kenyan innovator who created a system for purifying waste water for irrigation that could eventually have national applications for water-strapped Cabo Verde.

  • A Drop In Commodity Prices Impact Sub-Saharan Africa Growth

    By Ann Brown, 9:00 pm

    Sub-Saharan growth was negatively impacted by falling commodity prices. “The growth forecasts for sub-Saharan Africa have been revised downward because of the decline in oil and raw materials prices, the Managing Executive Director of the International Monetary Fund (IMF), Christine Lagarde said Friday,” reports Star Africa. “Nonetheless, Africa’s global outlook remains promising and, with a […]

  • Egypt’s Central Bank Auctions Of $856.3 Million In Treasury Bills

    By Ann Brown, 8:00 pm

    The Central Bank of Egypt on behalf of the Ministry of Finance just auctioned off $856.36 million in treasury bills .The Treasury bills were scheduled to be offered in two installments. “The first is valued at 2.5 billion EGP with a 3-month term while the second worth 4 billion EGP with a 266-day term,” reports […]

  • UK Trade & Investment Office Plans To Open In Mauritius

    By Ann Brown, 3:00 pm

    From Star Africa The British High Commission is pleased to announce that the United Kingdom Trade and Investment Department (UKTI) opened in Mauritius on 27 January 2015. UKTI helps UK companies succeed globally and assists overseas companies to bring investment to the UK. It is at the heart of the Government’s effort to achieve sustainable […]

  • Kenya Will Have Highest Number Of Initial Public Offerings In East Africa

    By Ann Brown, 9:00 am

    From Business Day/Written by KENNEDY SENELWA Kenya is expected to have the highest number of initial public offerings in East Africa this year. Kenya’s share of IPOs in sub-Saharan African is projected at about 8 per cent while regional counterparts Uganda, Tanzania and Rwanda will each account for 1 per cent of the total this […]

  • Sudan And China Sign Oil Deal In Disputed Area With South Sudan

    By Ann Brown, 9:00 pm

    Sudan and China have inked a partnership for oil production in the disputed area with South Sudan, according to the oil minister announced. “Sudan’s minister of oil Makkawi Mohammed Awad said that his ministry has signed a six-year agreement with the Chinese National Petroleum Company (CNPC) to increase oil production in fields north of Heglig […]

  • South African Airways Stops Flights To China

    By Ann Brown, 8:00 pm

    There will be no more direct flights by South African Airways (SAA) to China starting in May. The struggling airline can no longer afford to do the long route, Finance Minister Nhlanhla Nene said. “According to the minister, the move is part of a strategy to turn around the finances of SAA and part of […]

  • Q&A: Why Cabo Verde Leads Africa In Gender Equity At Work

    By Ann Brown, 2:05 am AFKI Original

    Only three or four African countries rank higher than Cabo Verde in terms of gender equality. Still there’s work to be done. Women here are often expected to keep the house, make the meals, and “stay in the house” while the men socialize. But this seems to be changing with the newer generations of women. “There is a clear understanding that the Cape Verdean men behave differently when they are living in U.S. because the laws are applied and women’s rights are respected,” said gender advocate Carla Santos Carvalho.

  • South Africa Moves Ahead With It Nuclear Energy Program

    By Ann Brown, 9:00 pm

    According to the South African government, it is making headway its nuclear energy-building program. “South Africa continues to make significant progress with various prospective nuclear-vendor countries towards the expansion in the nuclear energy development program based on a sustainable energy mix,” the Presidency said. “This program is premised on the country’s Nuclear Energy Policy of […]