Seychelles: Latest News
Dana Sanchez, 1:35 pm
Just 12 percent of Africa’s trade is between countries on the continent. The newly signed 26-member Tripartite Free Trade Area aims to encourage intra-Africa trade. Three blocs that make up the new free trade area have made some real economic strides, but Nigeria, the continent’s largest economy, is not a member of the new deal. Can the Tripartite Free Trade Area live up to the hype?
Dana Sanchez, 12:58 pm AFKI Original
On a continent where tech innovation is exploding, intellectual property protection is mostly undeveloped, ineffective and unenforced. African inventors often work in secret, sacrificing peer feedback for fear their ideas will be stolen. The World Economic Forum asked survey respondents, “In your country, how strong is the protection of intellectual property, including anti-counterfeiting measures?” Here are the results: the top 15 countries in Africa for intellectual property protection.
Staff, 5:58 pm
Just 12 percent of African countries’ total trade is with each other, but this week in Egypt, the Tripartite Free Trade Area will be signed creating an open market that spans half of Africa. It’s considered by some a “monumental step” toward African unity. Intra-African trade is expected to grow substantially in the free trade area and it sets the stage for an even more for-reaching trade agreement — the proposed continental free trade agreement.
Dana Sanchez, 5:14 pm AFKI Original
Despite healthy looking growth rates, African countries are not becoming more competitive. They’re stagnating when it comes to inclusive and sustained growth, according to the World Economic Forum’s African Competitiveness Report, published today at the WEF Africa in Cape Town. Conspicuously missing from this list are Egypt, Nigeria.,Ethiopia, and Mozambique. Here’s a reality check: the 15 most competitive African economies.
Julia Austin, 3:55 pm AFKI Original
Safaris come with warnings, but what if you get lost from the group? Whatever you do, don’t run. Running ignites the lion’s predatory instincts. It may be the very thing human evolution has been preparing you to do for just this moment but the lion will probably attack. Usain Bolt, the fastest human alive, can run 27.79 miles an hour. A lion can run 50. Here’s how to meet a lion and improve your chances of escaping with your life.
Staff, 4:11 pm
Djibouti’s president recently said he’s in high-level talks with Beijing for a Chinese naval military base. Much ado has been made of Xi Jinping’s Economic Belt and Maritime Silk Road, known as “one belt and one road.” Beijing went to considerable pains to frame it merely as an economic plan of global proportions. But Djibouti’s recent announcement shows Beijing’s narrative of solely pursuing a strategy of economic diplomacy is perhaps tinted with geopolitical flavors after all.
Julia Austin, 4:15 pm AFKI Original
Saint Helena, population 4,107, is classified as part of West Africa by the U.N., however it waves a British flag as part of the British Overseas Territory of Saint Helena, Ascension and Tristan da Cunha. The island measures 10 miles by five miles and most of its inhabitants are of European or Chinese descent. Africa’s population of 1.16 billion and counting is cited in just about every business news story you’ll read about the continent. Here are 10 of the least populated countries in Africa.
Julia Austin, 12:35 pm AFKI Original
Based in South Africa, the Desteni is getting a reputation as a cult that is into thought control, censorship and moneymaking. It’s a new group that grew via the Internet over the last four or five years led by a woman who says she channels anything and anyone from dead celebrities to inanimate objects. Many believe cults and secret societies have played a part in the economics, politics and laws of Africa. Here are 12 cults and secret societies of Africa.
Julia Austin, 4:35 pm AFKI Original
Teff is a grain found in Ethiopian and Eritrean dishes that’s high in iron, fiber, protein, calcium and magnesium but perhaps even more significantly — it’s gluten free. It’s slowly gaining popularity in the U.S. Africans are often healthy eaters, incorporating whole foods in almost every meal. By comparison, Americans and people in developed economies are often gluttons for pre-packaged food heavy on sugar, salt, and fat. Here’s a few reasons an African diet could be great for your health.
Dana Sanchez, 12:00 pm
Rwanda ranked No. 1 in Africa and 19th in the world — ahead of the U.S. and France — for political and regulatory environment helping ICT business development and penetration. Government success in ICT promotion is one of several subindexes in the World Economic Forum report, which is based on opinion surveys and public data.
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