Liberia: Latest News
Dana Sanchez, 11:49 am
Aliko Dangote is consolidating his cement businesses across Africa into one company that can compete globally on London and Johannesburg stock exchanges. “Our intention is to consolidate our cement assets,” he said while announcing a $600-million cement plant in Tanzania. Dangote isn’t the largest cement producer in Africa but he plans to be. His net worth dropped in 2014 as a result of a weaker Nigerian currency.
Dana Sanchez, 12:28 pm AFKI Original
A U.S. mobile market research firm has partnered with Ugandan mobile money aggregator Beyonic to bring a unifying mobile payment platform to 27 African countries. Beyonic claims to open up mobile money to businesses that previously lacked resources to connect to every carrier across multiple countries. The partnership will make Beyonic the largest mobile money aggregator in Africa.
Dana Sanchez, 7:52 am
The U.K. has a growing problem with stolen cars showing up in African countries. Some cars stolen in the U.S. also are destined for Africa. South Africa has an extraordinarily high rate of car theft — 10% of the 11 million cars driven there are stolen. A high-tech tracking device recently led U.K. authorities to a cache of stolen luxury cars in Uganda. The cars are on their way back home.
Julia Austin, 6:25 am AFKI Original
Scientific and technological advancements in Africa are growing, especially in the mobile arena, but many farmers are still behind those of the Western world. Many schools don’t even have science labs or computers. This puts farming communities at a great disadvantage since much of caring for and growing crops is scientific. Farmers sometimes lack basic knowledge on how to better their crops.
Peter Pedroncelli, 2:53 am
Togolese striker Emmanuel Adebayor is once again at the centre of controversy following a statement from Togo national team coach Tom Saintfiet revealing that he will no longer make an effort to call up the veteran attacker for matches. This decision comes in the wake of the player not arriving in camp to take part in their 2017 Africa Cup of Nations (AFCON) qualifier against Djibouti last weekend.
Peter Pedroncelli, 3:43 am AFKI Original
This past weekend saw another round of AFCON qualifying taking place across the continent to decide the teams that will emerge on Gabon for the 2017 Africa Cup of Nations (AFCON), and there were many surprise results amongst the list of fixtures. Here we look back at a few of the matches that took place […]
Kevin Mwanza, 7:13 am
The World Health Organization (WHO) has for the second time this year declared Liberia free of Ebola, a deadly disease that killed thousands in three west African countries since it broke out more than a year ago. West African nations of Liberia, Guinea and Sierra Leone were ravaged by an outbreak of the Ebola virus that killed nearly 11,000 people since march 2014.
Dana Sanchez, 10:25 am
As China’s economy slows down, demand for African resources is dwindling. Zambia and South Africa rank No. 1 and No. 2 respectively as being most exposed to China’s economic slowdown, according to London research firm Fathom Consulting. Sierra Leone, Angola and Liberia, are particularly vulnerable to China’s decreasing demand for commodities. Zambia is exposed to withdrawals of Chinese foreign direct investment.
Dana Sanchez, 7:49 pm
An experimental Ebola vaccine tested on thousands of people in Guinea seems to work. Developed by the Canadian government, the vaccine has since been licensed to New Jersey-based Merck & Co. but has not yet been approved by regulators. “If proven effective, this is going to be a game-changer,” said Dr. Margaret Chan, cirector-general of the World Health Organization, which sponsored the study.
Dana Sanchez, 2:44 pm
More women own businesses than men in the U.S.-African immigrant communities of Minneapolis–Saint Paul — and women also vote more than men — according to a new study. Immigrants from 25 African countries call the Twin Cities home, making the area the ninth-largest African migrant community in the U.S. Their economic buying power and growing entrepreneurship are attracting research funding.
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