Liberia: Latest News
Dana Sanchez, 3:33 pm
In Liberia, motorcycle accidents have gone down 90 percent since motorcycles taxis were banned. The ensuing market vacuum paved the way for Asia’s three-wheeled, motorized rickshaws — the tuk-tuk. They’re being imported into Africa by the gazillions from India and China, along with claims that they’re cheaper and safer than motorcycles. Tuk-tuk rides cost about 25 cents in Liberia, making them more accessible than traditional taxis, which are out of reach for thousands of Monrovians.
Julia AustinAFKI Original
DarajaImports has a fusion of African designs, employing African artists that include widows, the physically disabled and young adults orphaned by genocide. Products are made from materials that are sustainable and often recycled. The shop owners work closely with the artists. Etsy is a platform for retailers who make and sell products for a cause. Check out 8 Etsy shops selling fair trade and African products.
Julia Austin, 9:35 am AFKI Original
Omega Psi Phi is the first Greek-letter fraternity for black students founded on a historically black college, Howard University in Washington, D.C. Its driving principals are “manhood, scholarship, perseverance and uplift.” Today there are chapters in the Ghana, Bahamas, Bermuda and throughout the U.S. Notable alumni include athlete Charlie Ward and Surgeon General David Satcher. Check out 8 of the oldest African-American fraternities, some with chapters across the world.
Julia Austin, 9:00 am AFKI Original
Lagos, Nigeria, was identified in 2014 as one of the new finance hubs of the future. Just a year later, U.S. financial services company JP Morgan announced it would be removing Nigeria from its Emerging Market Government Bond Index due to a “lack of liquidity and transparency in the nation’s foreign exchange markets.” Those are two drastically differing opinions on Nigeria’s economy, but you can’t argue with the facts. Here are 8 of the richest Nigerian banks by assets.
Julia Austin, 8:55 am AFKI Original
In much of rural Africa, traditional medicine is the only form of treatment. Silene capensis has been used by Xhosa tribes of South Africa during rites-of-passage rituals. It comes from the roots of a plant that South African natives call undlela ziimhlophe. It’s mostly known for helping people have lucid dreams but many people report waking up feeling incredibly well rested. The roots can be chewed or boiled down and steeped in tea. Some buyers share their experience with the root online. More than 4,000 plants are used for medicinal purposes in Africa. Check out 8 natural sleep remedies from Africa.
Dana Sanchez, 4:02 pm
Facebook wants to bring Internet connectivity to hard-to-reach parts of Africa with free Internet. In past centuries, colonialism was about exploiting resources. In the modern world, it’s digital — moving in, setting up companies and building insurmountable user bases before any other company can. An Indian social network wouldn’t stand a chance against free Facebook, Indian companies argued, and the regulator agreed. Are African entrepreneurs different?
Dana Sanchez, 8:45 am
Cape Town-based Travelstart has partnered with MTN and plans to be the largest online travel agency in Africa with $40M in financing from U.K.-based Amadeus Capital Partners. Travelstart is already a tour de force in emerging markets. This is an investment in the largest multinational player in a very large and rapidly growing market. “They are one of the most profitable e-commerce companies on the African continent,” said MTN.
Kevin Mwanza, 9:20 am
International airlines are once again reconsidering their flights to three West African countries that were affected by the Ebola epidemic following the re-emergence of the disease only days After the Word Health Organization declared the region free of the virus. Concerns over the spread of Ebola have led a number of airlines flying to Sierra Leone, Guinea and Liberia to increase health-checks on passengers traveling from the region
Kevin Mwanza, 5:46 am
Over 100 people have been placed on quarantine in Sierra Leone on suspicion they could be infected with Ebola from a woman who died on Jan. 12, two days before the World Health Organization (WHO) declared the outbreak over. The death of the woman in Sierra Leone, the last country that is still fighting the disease that ravaged three African countries and killed over 11,300 people, has raised new fears
Kevin Mwanza, 7:19 am
French telecom group Orange, through its subsidiary Orange Cote d’Ivoire, has acquired a 100-percent stake in Liberia’s largest mobile operator Cellcom for an undisclosed amount, the company announced on Tuesday. Orange is on an aggressive expansion and restructuring program that has seen it increase its operation in some African countries while exiting others in the East African region.
- Real Estate