South Sudan: Latest News
Kurt Davis Jr., 8:00 am AFKI Original
Fewer traffic jams for Kenya. Rebounding copper prices for Zambia. A less tarnished international image for Sudan that reaches beyond civil conflict — because there are investment opportunities in the country. 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 2015 makes way for 2016.
Julia Austin, 2:03 am AFKI Original
You may have read about a lot of tech companies building things like mobile pharmacy apps and virtual classrooms, but do you ever wonder where they get the capital? There is a good chance they went to one of these investors, who are putting a lot of money into the technology landscape in Africa.
Julia Austin, 4:31 am AFKI Original
Agro-Hub is a crowd-sourced information app based out of Cameroon. Through the app, farmers can learn everything from food storage tips to how to optimize their sales on social media. According to the company’s website Agro-hub.com, their main objective is to, “Combat poverty among rural farmers in Cameroon by improving farmers’ household incomes through agricultural market development.”
Julia Austin, 9:22 am AFKI Original
Economic analysts say that if African countries spend $1 billion a year on malaria prevention and treatment, they could see a GDP rise of anywhere from $3 billion to $12 billion per year. Malaria has devastating social and economic effects, and whoever finds a way to rid the world of the disease will be a hero. Here are 12 things you didn’t know about the fight against malaria in Africa.
Kevin Mwanza, 8:11 am
Getachew Betru left Ethiopia during the harsh years of dictatorship only to return decades later with an engineering degree and a vision to connect the horn of Africa with a fast modern railway line. As the chief executive of the Ethiopian Railway Corporation (ERC), Betru, launched the first phase of the railway line that now connects land-locked Ethiopia to Djibouti’s port, in late October
Julia Austin, 10:04 am AFKI Original
Transportation of product is one of the top logistical issues facing the pharmaceutical industry in Africa. Many pharmaceutical companies will open branches in African cities, and eventually rural areas, say analysts at logistics company DHL. Global pharmaceutical companies are looking to Africa for growth opportunities. Here are some trends to look out for in the African pharmaceutical industry.
Julia Austin, 8:42 am AFKI Original
Events and festivals dedicated to African fashion are popping up all over the world and they’re well attended. All Things Ankara Fashion Week showcases Ankara print fashion and integrates it in international markets. Ankara is African wax print featuring vibrant patterns, a staple of African traditional clothing. The event has over 23,000 followers on Instagram. Here are 12 African fashion events that attract big business.
Julia Austin, 5:56 pm
Since there’s always someone at Thanksgiving dinner who doesn’t like turkey, you’re smart to have another meat dish on the table. Bobotie is a traditional African dish with similar look and texture to a casserole—another Thanksgiving table staple. It’s made with minced lamb, beef or both, delicious spices, fruit and nuts.
Dana Sanchez, 10:52 am
African countries are reluctant to take back migrants. Migrants send home remittances in amounts that exceed the value of development aid, a European diplomat said. But the lure of aid, trade and other benefits is too enticing for poor African countries to refuse, and human rights will suffer as they sign the deals with the E.U., experts say.
Dana Sanchez, 10:38 am
South Africa — by far the largest user of AGOA benefits — more than doubled exports to the U.S. since 2000 under the African Growth and Opportunity Act, which gives duty-free status to elibible countries trading with the U.S. In renewing AGOA, Congress gave Obama the option to suspend non-compliant countries’ benefits on a product-by-product basis. Previously, countries were either in or out. Total two-way trade between SA and the U.S. was about $14B in 2014.
- Real Estate