Zambia: Latest News
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.
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.
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.”
Peter Pedroncelli, 2:33 am AFKI Original
African business leaders make use of social media to communicate with and mentor their followers, dropping pearls of wisdom in under 140 characters. From South Africa to Nigeria, the high profile personalities and multi-millionaires from Africa offer their opinions on many issues while advancing their own agendas through social media. Here are 12 African business leaders worth following on Twitter.
Dana Sanchez, 1:52 pm
In Johannesburg, the poorest residents spend more than 20 percent of their income getting to and from work. So it seems bizarre that recent efforts to beef up the city’s bike lanes got knocked down. The new mayor vowed in his inauguration speech to stop the construction of bike lanes. Cycling in South Africa has been stigmatized. It’s seen either as an elitist sport for whites or mode of transport for those too poor to afford a car. A bike-share program in Marrakech could become a pilot for future projects in other African cities.
Peter Pedroncelli, 12:21 am AFKI Original
The third round of African World Cup qualifying continued this past weekend, with the 20 teams from the continent left with a chance of securing one of the five spots allocated to Africa in action across the continent. This is how the 10 African World Cup qualifying matches turned out for the participating nations looking to earn their ticket to Russia in two years’ time.
Dana Sanchez, 3:36 pm
A hedge fund with Carlyle Group LP, the world’s second-largest private equity firm, has lost $400 million it invested in 2015 in a Moroccan oil refinery deal, according to a securities filing. Saudi billionaire Mohammed al-Amoudi owns 67.26% of Morocco’s Samir refinery. The deal highlights the risks U.S. investors face in emerging markets that have unfamiliar investor-protection laws. Still, despite the risks, investors continue to find the lure of higher growth in emerging markets attractive.
Peter Pedroncelli, 4:50 am AFKI Original
The third round of African World Cup qualifying continues this coming weekend, as the second set of matches see 20 teams from the continent left with a chance of securing one of the five spots allocated to the African continent. This weekend 10 fixtures will be played around the continent in the group stages. Here are 10 African World Cup qualifying matches to look out for this coming weekend.
Dana Sanchez, 11:12 am
Africa’s largest lender, Johannesburg-based Standard Bank this year made $2 billion in loan commitments to Chinese-owned development projects in Africa, and it plans to help Chinese entrepreneurs seek African investment opportunities in areas such as retail. Access to credit remains a challenge for many Africans. Standard Bank says its opportunities lie in working “on the yuan’s internationalization and helping Chinese companies transform from … contractors to investors.”
Dana Sanchez, 12:11 pm
Oil-importing African countries are showing an improved business environment as the continent endures its slowest growth in more than two decades. In contrast, countries that export commodities are under economic pressure due to low oil prices including three of Africa’s largest economies. Some countries that are doing better are predicted to grow at more than 6 percent. IMF predicts average growth will fall to 1.4 percent in 2016, less than half of 2015 growth.
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