Cameroon: Latest News

  • How Digital Technology Is Changing Farming In Africa

    Digital technology is changing farming in Africa By Staff, 1:00 am

    With Africa’s population projected to be about 2 billion by 2050, farming must undergo huge strides in productivity to ensure the ability to feed them. Numerous types of digital technology are available to take farming to this level, and entrepreneurs are beginning to introduce them to farming. To take advantage of them, however, there must be widespread internet availability, adequate funding, and ways overcome farmers’ reluctance to adopt new practices.

  • Africa Looks to Leverage Information And Communication Technology To Boost Development

    information and communication technology By Staff, 8:20 am

    African Heads of State and Government present at the recently concluded Transform Africa Summit pledged to advance the continent’s digital transformation. The leaders noted that they recognize the role of information and communication technology (ICT) in fast-tracking development of their countries and the continent in generals.

  • 12 Biggest African Recipients Of Foreign Aid From The United States

    Biggest African Recipients Of Foreign Aid From The United States By Peter Pedroncelli, 3:20 am AFKI Original

    The United States provides foreign aid that benefits numerous African recipients, with over $43 billion of total obligations going to 222 countries around the world in 2015. Much of this goes to assisting countries in sub-Saharan and North Africa, with USAID funding countless programs for the good of people within those nations. We take a look at the 12 biggest African recipients of foreign aid from the United States.

  • Media Entrepreneur Starts Her Own Digital Platform To Smash Stereotypes About Africa

    smash stereotypes about Africa By Ann Brown, 11:23 am AFKI Original

    Tired of seeing Africa portrayed in a negative light, Diane Audrey Ngako left her Paris job as social media editor at Le Monde to start her own digital media platform. Visiter l’Afrique is all about Africa’s assets and opportunities. Interactive and collaborative, the site is dedicated to African tourism and culture. “Africa is mainly represented by non-Africans,” Ngako told AFKInsider. “They usually talk about a sordid continent where only famine, wars and poverty happen. It’s time for us to portray the Africa we know, the Africa we see. The Africa of our dreams.”

  • 2016 Was A Bad Year For Private Equity In Africa. Commodities Prices Could Turn That Around

    bad year for private equity in Africa By Staff, 12:01 am

    The fall in African private equity investment in 2016 could be a short-term blip. Among the losers was US-based Carlyle, one of the world’s winningest investment firms. Carlyle invested $147m in Nigeria’s Diamond Bank in 2014. The bank’s market cap fell by 90% over the subsequent two years. Bob Geldof’s PE firm 8 Miles just invested in Blue Skies, a British fruit firm that operates in Africa. Utilities including telecoms were the most popular target for private equity investment in 2016. West Africa was the most active region.

  • New CAF President Ahmad Aims To Bring African Legends Into The Fold

    Samuel Eto'o Businessman - African Legends By Peter Pedroncelli, 7:02 am

    New Confederation of African Football (CAF) president Ahmad has unveiled plans to involve African legends in the continent’s favourite sport in order to develop the game and give younger generations access to their heroes. In an outcome that has surprised many in Africa, Issa Hayatou’s reign at CAF ended last month as Madagascan government minister Ahmad was elected as the new president of the Confederation of African Football.

  • The Top 10 Ranked African National Teams For April

    team of the tournament - Egypt striker Mohamed Salah. Photo: beIN Sports By Peter Pedroncelli, 7:02 am AFKI Original

    African football has become a force to reckon with on the world stage, and an indication of which national teams are the best on the continent comes in the form of the FIFA Ranking, which ranks all members of world football’s governing body. Below are the top 10 ranked African national teams in world football for the month of April, according to the FIFA ranking.

  • 13 African Countries With The Lowest Central Bank Interest Rates

    Central Bank By Peter Pedroncelli, 2:18 am AFKI Original

    Many countries in Africa have extremely high central bank interest rates compared to most of the world, but there are some who boast lower rates that compare favourably on a global scale. Lower interest rates allow the people of that country to be able to afford loans and pay them back at more favourable rates versus countries where the interest rates are much higher. In comparison, the United States federal reserve has an interest rate of 1 percent, while the United Kingdom’s rate is currently set at 0.25 percent. We take a look at 13 African countries with the lowest central bank interest rates.

  • FIFA Considers 9 Automatic African World Cup Spots For 2026

    World Cup - Cameroon win the 2017 Africa Cup of Nations title. Photo: Daily Maverick By Peter Pedroncelli, 9:00 am

    World soccer governing body FIFA has proposed that Africa receive nine automatic qualification spots when the World Cup expands to 48 teams at the 2026 competition. The proposal would see four extra places for the continent, as Africa is currently offered five automatic qualifying berths. In addition to the nine places, a tenth African country will be able to take part in a six-nation play-off tournament between all of the global continental confederations to decide two additional spots.

  • The Anglos Are Coming To Francophone Africa With An Appetite For Investment

    Anglos investing in Francophone Africa By Kurt Davis Jr., 10:13 am AFKI Original

    The Anglos have an apparently insatiable investment appetite for the region. Gabon will no longer fly under the radar after Washington, D.C.-based Carlyle Group — the world’s largest private equity fund — purchased Royal Dutch Shell’s onshore assets in Gabon for $587 million. Petroleum services, infrastructure and timber are rising on the radar for crafty investors in Gabon. Financial services and ICT too. Gabon is a stable provider of services and networks to neighboring countries. Here are six other Francophone African countries investors are looking at.

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