Cameroon: Latest News
Dana Sanchez, 9:15 am
With Chinese investment in Sub-Saharan Africa estimated to be at about $122 billion, a 15-country survey is being planned to learn what Africans think of Chinese companies operating there. “It’s clear that there are widespread negative perceptions about (China’s) involvement,” says Professor Deon Rossouw of the Ethics Institute of South Africa. “Given the importance of the relationship, particularly to Africa, we cannot rely on rumor and misinformation.”
Makula Dunbar, 5:53 pm
Following independence, many sub-Saharan African countries adopted the language of their colonisers as the official national language. English, French and Portuguese are therefore still widely spoken across the continent.
Dana Sanchez, 3:25 pm
Total’s ambition is to take a leading position in mobile payment distribution in Africa, said Momar Nguer, Total’s marketing and services division director for Africa and Middle-East.
Nanci Theoret, 12:04 pm AFKI Original
“We’re shipping good-old American products to Africa,” says Tim Truax, a production manager in Venice, Fla. “A lot of American companies pulled out of Africa, including Sherwin-Williams. We’re using their paint and will bring them back into Africa.”
Jeffrey Cavanaugh, 10:35 am AFKI Original
Economic conditions in Nigeria’s Muslim north have deteriorated. Commerce in the northern city of Kano, Nigeria’s second-largest city and the Northern Nigeria commercial hub, has dropped 50 percent since 2010.
Steven J. Smith, 10:25 am
Since its inception, Njorku has been listed by Forbes as one of the top tech startups in Africa.
Dana Sanchez, 4:54 pm
African Development Bank has approved a $45 million grant to support the creation of the Pan African University, according to a report in EngineeringNews. The university will consist of five themed institutes located in East, West, Central, North and Southern Africa. Programs will include basic sciences, technology and innovation (Kenya); earth and life sciences including […]
Dana Sanchez, 12:38 pm
Deforestation in Africa’s Congo Basin rainforest has slowed down as countries there focus on mining and oil rather than agriculture, a study suggests, according to a report at UPI.com. The Congo Basin rainforest is the world’s second largest, occupying 2 million square miles across central Africa. Only the Amazon rainforest is larger. Satellite images of […]
Dana Sanchez, 9:53 am
Low financial services penetration and exponential growth of mobile phone use, particularly in Sub-Saharan Africa, are creating a unique niche for mobile phone banking to develop on the continent, according to a report in GhanaBusinessNews. Kenya and South Africa are at the forefront of mobile banking. Just 20 percent of African families have bank accounts […]
Dana Sanchez, 2:59 pm
U.S.-based 3M, maker of myriad consumer products, sees mining, oil and gas as potential industries for future growth in Africa, along with energy and healthcare, according to a report in NewBusinessEthiopia. Already established in Africa for 40-plus years, the company hopes to improve coverage on the continent and accelerate future growth by restructuring its business on the continent […]
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