Gabon: Latest News
Dana Sanchez, 1:03 pm
Copper-rich Democratic Republic of Congo is vying with Zambia to be Africa’s top producer. A new hydropower facility that the DRC government is planning to build could help shape Africa this century. It is one of DRC’s strategies for providing the energy it needs to free its economy. These aren’t the largest or most developed countries in Africa. Some are plagued with corruption and inequality. All have fast-growing economies.
Kevin Mwanza, 8:41 am
Africa has had a busy elections calendar in 2016. The year opened with a mixed bag of dramatic elections and referendum in the first quarter of the year. There has since been a haitus in Africa’s voting calendar that gave the continent a whiff of fresh air to refocus on socio-economic and security matters before the beginning of another polling season. August is now shaping up to be the ‘super month’ for elections on the continent with at least five elections scheduled to take place.
Julia Austin, 5:31 pm AFKI Original
In some of the busiest African cities, a monthly bus pass or taxi fare can be a major expense, eating up nearly 20 percent of personal income. A monthly bus pass in Nigeria costs just shy of $40 and a single five-mile taxi trip costs around $9. Taking the bus into Lagos is noticeably more expensive than taking the bus out of the city. Tickets leaving Lagos can range between $13 to $26, but tickets into Lagos range between $17 and $45.
Peter Pedroncelli, 6:41 am
The Confederation of African Football (CAF) and global integrated energy producer and provider Total have reached an agreement, with the well-known brand confirmed as the official sponsor of African football for the next eight years, which includes being the Africa Cup of Nations title sponsor.
Staff, 5:06 pm
Botswana has not always supported the African Union on critical issues such as the International Criminal Court, and experts believe it lacks the goodwill needed to support its candidate. South Africa’s A.U. opinions appear closer to Equatorial Guinea’s than Botswana’s on issues such as the politics in Burundi and the ICC’s relations with Africa. The need to give voice within the A.U. to the continent’s historically marginalized regions could push Equatorial Guinea’s candidate to the top. The A.U. faces many challenges including its dependence on foreign aid for its financing.
Staff, 3:18 pm
It can take about 25 years to turn a country from Third World to First World. Ten countries in Africa are heading to this transition. Japan was the leader of the “Asian miracle,” but others include Taiwan and South Korea. They had no mineral wealth. What they had were national systems of innovation and they invested in human capital. Many started off equal or lower in GDP per capita than African countries. Household incomes improve when people get involved in tech-based work. Even agriculture needs to be high tech. This is a path Ethiopia is following.
Lillian Mutiso, 4:47 am AFKI Original
Africa is known for its vast potential of mineral resources. It is a great investment destination for foreign business organization from across the world. Investors’ desire to do business on the continent depends largely on the ease of company registration with regard to meeting legal and regulatory demands. According to the World Bank’s Ease of Doing Business Index, a transparent and smooth registration process woos investors to any nation.
Peter Pedroncelli, 5:00 am AFKI Original
The 2016 Rio Olympics provide an opportunity for African countries to earn medals for Olympic sports in competition with the best athletes and sportsmen and women from around the world. With this in mind, we take a closer look at 8 Olympic sports that teams from the African continent will likely excel at.
Peter Pedroncelli, 6:27 pm AFKI Original
The 2018 World Cup qualifying draw for the 20 African teams who still have a chance to qualify for the tournament took place in Cairo on Friday. This will be the third round of qualifying for teams in Africa, with 54 countries on the continent originally attempting to book a place in Russia come 2018.
Peter Pedroncelli, 3:55 am AFKI Original
Friday will see the World Cup qualifying draw for the 20 African teams who still have a chance to qualify for the tournament that is set to be held in Russia during 2018. This will be the third round of qualifying from Africa, with 54 teams on the continent originally attempting to book a place amongst the sport’s elite. Only 20 African countries remain.
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