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World Bank Releases Bi-Annual Kenya Economic Update
Kenya’s economy is recovering steadily and is forecast to grow at 4.0 percent in 2010, according to the Kenya Economic Update, a biannual report that can be accessed on the World Bank Kenya website. The East African country even has the potential to improve further to 4.9 percent in 2011, if no shocks occur. The [...]
Doing Business Report Reveals Important Insights for Africa Investors
Early last month, the World Bank released Doing Business 2010, its provocative ranking of the world’s easiest (and most difficult) places to do business. This year, little Rwanda grabbed headlines as the world’s top reformer. New legislation protecting the rights of the nation’s investors helped propel it up 76 places in the rankings. The World [...]
Israeli Delegation on Eight Day Official Tour of Five African Countries
The Israeli Foreign Minister, Mr Avigdor Liberman is expected in Accra on Monday, as part of an eight-day official tour of 5 African countries, including Ethiopia, Kenya, Nigeria and Uganda. A statement issued and signed by Mr William Anani-Abotsi, Assistant Director of Information and Public Affairs Bureau at the Ministry of Foreign Affairs and Regional [...]
Gabonese People Vote for a New President
The Gabonese people went to the polls today to vote for a new President following the death of the world’s longest serving President- Omar Bongo. In the pool of 23 candidates, is the son of the former President – Ali-Ben Bongo Ondimba who is favored to win. Ali-Ben Bongo Ondimba, is a 50 year old [...]
U.S. Congressional Delegation Begins Four Nation Africa Trade Mission
Congressman Bobby Rush (D-IL) who we interviewed recently, will lead a congressional delegation to Africa on a four-nation tour aimed at increasing trade, commerce and investment in Africa and strengthening U.S.- Africa business relationships with American exporters and minority- and women-owned enterprises. Rush, chairman of the Subcommittee on Commerce, Trade and Consumer Protection on Energy [...]
Hillary Clinton’s 7 Country Africa Tour
The Obama Administration is sending strong signals to African stakeholders that it will engage Africa and African Governments with more fervor than ever before and as equal partners. In a briefing today, Ambassador Johnnie Carson, who is the Administration’s lead man on Africa policy, said “I hope the United States is not lecturing anyone but [...]
Obama’s Seeds for African Agriculture
The United States, several West African nations and other developing countries are locked in a stalemate over US cotton subsidies preventing the completion of the Doha Round of global trade negotiations. 6.8 billion people await the passage of this accord and the confidence it will provide to jittery markets and economies in crisis. Collectively, American [...]
U. S. Congressman Bobby L. Rush is a Member of the U.S. House of Representatives from the first congressional district of Illinois and is one of the senior Members of the powerful Committee on Energy and Commerce. He is also the Chairman of the Commerce, Trade and Consumer Protection Subcommittee. Given his position and experience, he [...]
Liberia Woos Chinese Investors
The Liberian Government is taking a proactive approach towards attracting foreign direct investment to their country. Just last week, a high level delegation led by Vice President Joseph Boakai went to China. The delegation held a series of discussions with Chinese officials aimed at further strengthening trade ties between the two countries. During discussions with [...]
President Obama Speaks to Africa
On Saturday, the President capped his three nation tour with a speech clearly directed at all of Africa. The speech, delivered in Accra to Ghanian parliamentarians was well recieved accross the continent. In the speech, he laid out his vision for human rights and democracy in Africa’s future, and he described what America’s role in [...]
