Tag Archives: Africa

Africa: Latest News

  • African Agriculture: The Problem Of Volatility

    By Anna B. Wroblewska, 1:24 am AFKI Original

    Volatility in African agriculture prices is practically a given. “Ninety-six percent of the crops in Africa are rain-dependent — so you get no rains at all, you get no crop,” says Edward George head of group research at Ecobank. In good years, then, prices drop, and in bad years they surge.

  • Best Wine Regions in Africa

    By Keren Mikva, 4:54 pm AFKI Original

    South Africa has long been known for its extensive wine production, but it is not alone among its African neighbors. Winemakers have begun to explore different areas of the continent for their vineyards, and have created some truly unique and exceptional wines. The following are some of the best wine regions in Africa, whether fully developed or still in the experimental stages, and should be on every viticulture snob’s must-visit agenda.

  • AFKI Commodities Report: Brent Crude Prices Fall To Four-year Lows

    By Lynda Davies, 10:10 am AFKI Original

    Brent crude oil fell to the lowest level in four years this week and the U.S.’ West Texas Intermediate (WTI) traded at a two-year low as concerns that global supply is outpacing demand weighed further on markets.

  • 10 Reasons to Visit Eritrea

    By Keren Mikva, 12:48 pm AFKI Original

    Semenawi National Park

    Opened after the conclusion of the country’s war with Ethiopia, Semenawi National Park offers incredible opportunities to see the vast wildlife that Ertirea has to offer. Leopards, klipspringers, bushbucks, warthog, and many more can all be found at Semenawi, set amongst a breathtaking vista in the foothills of mountain ranges stretching up to 2400 meters into the sky.

  • AFKI Commodities Report: Arabica Coffee Soars On Brazilian Woes, Cocoa Eases

    By Lynda Davies, 4:51 am AFKI Original

    Arabica coffee futures soared to their highest level in more than 2⅟2-years at the start of the week as the market focused on concerns that forecasts of prolonged dry weather in Brazil’s key central and southern coffee-growing areas will cause severe damage to the country’s 2015-2016 (April 1-March 31) coffee crop, particularly of arabica beans.

  • Is Cement The Next Hot Industry In Africa?

    By Anna B. Wroblewska, 4:06 am AFKI Original

    With infrastructure and urban growth accelerating across Africa, the usefulness of a humble building material like cement cannot be underestimated. A recent $300 million investment by sovereign fund Investment Corporation of Dubai (ICD) into Nigeria’s largest publicly-traded company, Dangote Cement, underscores the sector’s growing importance on the continent.

  • AFKI Commodities Report: Crude Prices Tumble Further

    By Lynda Davies, 4:32 am AFKI Original

    Crude oil futures hit fresh lows amid rising supply from the Organization of the Petroleum Exporting Countries (OPEC) and the U.S. at a time when concerns about slackening global oil demand are deepening. Brent crude at midweek slid to a more than 2⅟4-year low whilst the U.S. crude benchmark, the West Texas Intermediate (WTI), fell to its lowest in 17-months.

  • Sub-Saharan African Countries With the Most Tourists

    By Keren Mikva, 12:06 pm AFKI Original

    Tourism in Africa has been on the rise for years, making it home to some of the fastest-growing economies in the world. The tourism potential across the African continent is incredible, with breath-taking scenery, unique wildlife, and cultures steeped in traditions that are thousands of years old.

  • AFKI Commodities Report: Brent Crude Hits Fresh Two-Year Low

    By Lynda Davies, 5:40 am AFKI Original

    Brent crude oil resumed its downward trend last week, dipping to a fresh two-year low as it came under further pressure from rising supply in Libya, Iraq and Nigeria. U.S. crude prices, on the other hand, gained after a surprise fall was reported in country’s crude inventories.

  • Top 10 Reasons to Visit Senegal

    By Keren Mikva, 9:55 am AFKI Original

    Bird lovers need to pay a visit to le Parc National des Oiseaux du Djoudj, as over three million birds make a stop here between November and April as they migrate south from Europe. One of the only places with a permanent water source south of the Sahara, the park is one of the most crucial bird sanctuaries in the world, and is home to over 30 species, including the plentiful pink flamingo and pelican.

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