From Urban Fragility to Urban Stability
The share of Africa’s urban residents living in slums is steadily rising, an outgrowth of the continent’s rapidly expanding population. Meanwhile, residents of African cities report among the highest levels of fear of violence...
Countries Dependent on Commodities Hit 20-Year High
The number of countries that depend on commodities has reached its highest level in 20 years, says a new UNCTAD report.
UNCTAD defines a country as dependent on commodities when these account for more than...
Key Statistics and Trends in Regional Trade in Africa
Africa has a big domestic market that possesses significant opportunities. Currently, Africa accounts for 2.9 per cent of the world production and 2.6 per cent of the world trade even though 16.3 per cent...
Rapid Urbanization Presents New Problems for Africa
Africa has become the world's most rapidly urbanizing continent.
In sub-Saharan Africa, the urban population has doubled since the mid-1990s, and reached 400 million people in 2016. According to experts, 40 percent of the region's...
Zimbabwe Got Loan From Afreximbank Using Platinum Collateral
Zimbabwe secured a $500 million loan from the African Export-Import Bank to try and stabilize its currency market by offering platinum production as collateral, a person familiar with the details of the agreement said.
The...
Fifteen Countries Move to Common Currency
Fifteen African countries continue to work for common money.The draft study on the use of a common currency among the member states of the West African Economic Community (ECOWAS) was completed.
Jean-Claude Brou, co-head of...
Somaliland Celebrates Independence Amid Lobbying for International Recognition
Somaliland is celebrating 28 years since it declared independence from Somalia. Using quiet diplomacy to lobby neighbours , a delegation from the Ugandan parliament on Thursday listened to Somaliland Members of Parliament make their...
‘Emir Sultan Village’ was Established for Arakan Muslims
Human Rights and Freedoms (IHH) Humanitarian Relief Foundation Bursa Branch built 414 bamboo houses for the survival of Arakanese Muslims.
Myanmar took refuge in Bangladesh fleeing genocide and violence experienced by Arakanlar aid agencies and...
Al-Shabaab Demands $1.5 M to Free Abducted Cuban Doctors
Somalia-based Al-Shabaab militant group has demanded a ransom of $1.5 million to release two Cuban doctors, who were kidnapped in Kenya last month, local media reported.
A group of elders from the Kenyan Somali community...
Africa’s Top 250 Companies
South African firms still dominate our ranking of Africa’s top 250 companies by market capitalisation, but firms from the continent’s faster growing economies have increased their presence in the 2019 ranking, as Tom Minney...
