U.S. President’s eight day trip around Africa fails to say much about what America wants and what his hosts gained What does Africa have that America could want? It seems that is a question not even Barack Obama, on his first extended trip to the continent since becoming American president …
Read More »Africa Progress Panel to G8: Tax avoidance hurts African economies
By Ronald Musoke & Agencies The Africa Progress Panel has today urged the G8 leaders meeting at a two-day summit in Lough Erne, Northern Ireland, to make company ownership transparent, exchange tax information and support Africa’s tax collection agencies. The panel that advocates for equitable and sustainable development in Africa …
Read More »World Bank puts Africa growth rates at 5%
By Julius Businge The World Bank has said economic growth in Sub-Saharan Africa is likely to reach more than 5% on average in 2013-2015 as a result of high commodity prices worldwide and strong consumer spending on the continent. The Bank said in its latest Africa’s Pulse, a twice-yearly analysis …
Read More »ADB to revolutionize data management and dissemination in Africa
By Julius Odeke The African Development Bank (AfDB) has launched an ambitious program to significantly improve data management and dissemination in Africa. The ultimate goal of the program is to facilitate wider public access to official statistics and to support countries in their efforts to improve data quality and dissemination …
Read More »New Big Brother Africa Season is here
By Ronald Musoke Multichoice, the South-Africa-based digital broadcasting company has today (Jan.23) announced that applications for the eighth season of Big Brother Africa, the continent’s biggest reality television show are now open. The winner of this year’s show stands to win up to US $ 300,000. Entries are officially open …
Read More »The myth of Africa’s rise
By Rick Rowden Why the rumors of Africa’s explosive growth have been greatly exaggerated. Recent high growth rates and increased foreign investment in Africa have given rise to the popular idea that the continent may well be on track to become the next global economic powerhouse. This “Africa Rising” narrative …
Read More »Mo Ibrahim Report says 41% of world’s youth population will be African
By Ronald Musoke A recent report by the Mo Ibrahim Foundation has concluded that in the next three generations, 41% of the world’s youth will be African. The report by the Sudanese billionaire Mo Ibrahim’s foundation says because Africa is the only continent with a significantly growing youth population, in …
Read More »ICTs delivering home-grown development solutions in Africa—Report
By Ronald Musoke A recently released joint report by the World Bank, the African Development Bank and the African Union has noted that Information and Communication Technology (ICT) innovations are delivering home-grown solutions in Africa, transforming businesses and driving entrepreneurship and economic growth. The report says that in just the …
Read More »‘Conserving the environment a must for Oil Companies prospecting in Africa’
By Ronald Musoke Oil companies prospecting for oil and gas in Africa need to ensure the very highest standards in environmental risk management, Tullow Oil’s director of exploration, Angus McCoss said recently. McCoss said minimizing the companies’ footprint through genuine consultation, design and technology is a first step. “The opportunity …
Read More »Africa and Obama’s second term
By Andrew M. Mwenda How the newly re-elected US president is not the solution but the problem for Africa Last week, Barak Obama was re-elected president of the United States. Since his first election in 2008, many African elites were happy that at least “one of us” has won the …
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