Zambia: Latest News

  • How An Economic Union Has Changed African Governance, And What This Means For Zimbabwe

    economic union has changed African governance By Dana Sanchez, 11:09 am

    ECOWAS is credited with persuading Gambian dictator Yahya Jammeh to give up power. If there’s a lesson to be learned, it’s that it takes some external persuasion to remove a dictator. “Forget Trump,” a commentator said. “We in Africa were watching the Gambia and the drama there as African leadership for once, stood up to a tyrant and insisted he respect the outcome of an election.” This regional intervention represents a paradigm shift in African governance, an exiled Zimbabwean judge said. It’s no longer dictatorship as usual in Africa.

  • 20 African Countries With The Most Chinese Migrants, And Why These Statistics Are Problematic

    African countries with the most Chinese migrants By Dana Sanchez, 6:42 pm AFKI Original

    Large numbers of Chinese migrants have followed the money to Africa, but no one really knows how many — not even close. Estimates range from 250,000 to 2 million. Experts say informed guesses are anything from speculative to “very problematic.” It’s a problem because inaccurate claims about the Chinese migrant population can contribute to xenophobic election rhetoric and violence, says a migration researcher. In many countries, statistics on migration are incomplete, out of date or nonexistent. “Statistics are political,” a stakeholder said. The data may be out of date but it’s the only data we’ve got.

  • Taking On Wall Street’s Big 3: Carlyle Acquiring Top African Credit Ratings Agency

    Carlyle acquiring top African credit ratings agency By Dana Sanchez, 5:02 pm

    In a sign that local credit ratings are becoming more lucrative in Africa, U.S. buyout firm Carlyle agreed to become the largest shareholder in Africa’s largest rating agency. GCR rates more credits on the continent than giants Fitch, Moody’s and S&P. Growth is constrained in the present credit ratings system, said the president of the BRICS New Development Bank. The Big 3 rate over 90% of the global sovereign ratings market. GCR specializes in national-level ratings, which rely less on a country’s sovereign rating.

  • Halal Economy: South Africa Among Top 5 Global Producers Of Halal Products

    halal products By Dana Sanchez, 4:10 pm

    Around 60% of all products in South African stores are halal certified. Despite Muslims forming 1.5% percent of the population, this huge percentage of halal products is due to the large quantity of exports sent north in the continent, much of which is Muslim. South African traders make up about half of Africa’s fast-moving consumer goods sector, and 35 percent of these traders are Muslim. SA has helped other African countries set up halal certification including Zambia, Namibia, Botswana and Mozambique.

  • 15 Wet And Wild Outdoors Activities To Do In Africa

    wet and wild outdoors activities to do in Africa By Dana Sanchez, 7:00 am

    You need a visa to visit Eritrea, and another permit to go to Eritrea’s Dahlak Archipelago, a chain of 124 small islands and two larger ones in the Red Sea near Massawa. Off the beaten path doesn’t begin to describe it. You can expect pristine beaches and unparalleled marine life with few other tourists for miles. Dahlak’s pearl fisheries have been famous since ancient times. Charter yachts can be hired for scuba diving and pearl fishing. During years of war, fishery came to a halt in the area. The unexpected result of isolation? There are lots of fish and they aren’t shy.

  • An Investment Banker’s 54 Wishes For African Economies In 2017

    54 Wishes For African Economies in 2017 By Kurt Davis Jr., 4:29 pm AFKI Original

    A sense of what Zimbabwe can expect post-Mugabe. Partnership in the fight against terror for Tunisia. Better strategies combating poverty and HIV in Swaziland. These are just a few of the wishes that a U.S. investment banker visualizes for African countries as the old year winds down and 2016 gives way to 2017.

  • Coca-Cola Pays $3.15B To Buy Out AB InBev From Their African Bottling Joint Venture

    African bottling joint venture By Dana Sanchez, 12:45 pm

    Coca-Cola and AB InBev are the world’s largest makers of soft drinks and beer, respectively. Africa is important for Coke because soft drink consumption continues to grow on the continent. Coke has not said why it decided to buy back the stake, but it might be in its best interest to avoid partnering with AB InBev, which has no experience in Africa. With little room left for AB InBev to grow meaningfully in beer, bankers speculate the deal-hungry mega brewer may eventually move into soft drinks. That could put Coke at the top of its list.

  • VIDEO: Devil’s Pool, Victoria Falls, The Ultimate Infinity Pool

    By Dana Sanchez, 7:00 am

    Take a dip in Devil’s Pool, Victoria Falls. When the river flows low, you can sit on the Zambian side just a few feet from the edge of the world’s largest waterfall. A rock barrier emerges, usually from September to December, and visitors can lounge in a rock pool. Carefully. A few people have slipped over the barrier and plunged down the cascading falls to the bottom. It takes a rocky walk and swim in the Zambezi to reach the pool. Fearless ones leap into the pool and get pushed to the edge by the force of the river. The rock lip brings them to a halt. There are guides in attendance to make sure you don’t go over the edge.

  • 10 Ways To Have Adrenaline Adventures In Zambia

    adrenaline adventures in Zambia By Bridget Williamson, 7:06 am

    You can fly over Victoria Falls in a plane, helicopter, or microlight. Whichever way you go, it’s considered “the flight of angels.” If jumping off bridges, getting close to wildlife, and extreme river rafting are your preferred vacation activities, then Zambia is for you. Victoria Falls, the Zambezi River and the countryside of Zambia provide lots of options for adrenaline junkies. Here are 10 adrenaline adventures in Zambia to get your heart rate pulsing.

  • Rwandan Genocide Survivor Builds A Media Empire Empowering Youth

    Rwandan genocide survivor By Ann Brown, 8:12 am AFKI Original

    A survivor of the Rwandan genocide, entrepreneur Marcel Mutsindashyaka chose to use the media, not for revenge, but for peace building. His Rwandan media and IT company has helped restore unity in the country by engaging youth. It is now the second most popular news website in Rwanda. Mutsindashyaka was chosen to be in Obama’s Young African Leaders Initiative. The experience “opened my mind from local to global perspective,” he told AFKInsider. “From this I realized that there is potential for the U.S. and Africa to collaborate for mutual benefit.”

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