Development

Mining Expansion in Senegal Brings Out Hope, Disgruntlement   02/07/2008

A new mining project in Senegal involving the world's largest steelmaker ArcelorMittal is bringing out hope but disgruntlement as well. The government is promising jobs and infrastructure development, while residents of mining areas fear more...

Commodity Exchange Best For Africa   02/07/2008

Most African countries are struggling to cope with the ever widening balance of payment deficits. This, according to analysts, is due to the problem of price uncertainty which has hit the market in recent times. Unfortunately, most price changes...

ECOWAS leaders call for development of regional infrastructure   24/06/2008

Abuja, Nigeria - The 34th Ordinary Session of the Authority of Economic C ommunity of West African States (ECOWAS) Heads of State and Government has directed the ECOWAS Commission to concentrate on the development of regional infrastru c ture,...

Agricultural training center in Senegal starts bearing fruits   24/06/2008

When you enter the truck garden of the Sangalkam agricultural Training Center which is located some 30 km from the Senegalese capital of Dakar, you are struck by an admirable landscape, where fruits are obvious as vegetables of all kinds dot the...

China donates int'l conference center to Madagascar   20/06/2008

Madagascan President Marc Ravalomanana has expressed happiness about the completion of a modern international conference center donated by the Chinese government. At an official hand-over ceremony attended by government officials, representatives...

ALL presidents and politicians should realise that they have been put there in order to serve their people, not be served by them.   18/06/2008

The plot to overthrow the government of Equatorial Guinea in 2004 was so improbable that it sounded like something out of a tale from the tropics, too outlandish even for Graham Greene. It was, as outlined in a series of court cases and breathless...

How Europe Underdevelops Africa and How Some Fight Back   20/06/2008

In even the most exploitative African sites of repression and capital accumulation, sometimes corporations take a hit, and victims sometimes unite on continental lines instead of being divided-and-conquered. Turns in the class struggle might have...

Africa Unlocks Financial Performance   18/06/2008

Kwadwo Baah-Wiredu, Minister of Finance and Economic Planning has stated that the key to developing the financial sector in Africa rests on a conscious effort at working together to share best practices and promote regional integration of financial...

UN urges Africa to integrate to avert food crisis   17/06/2008

The UN food agency has called on African countries to speed up regional integration efforts to stop the decline in returns from trade in agricultural production and the deepening of the food crisis on the continent. The UN Food and Agricultural...

Ghana: We're Rich   13/06/2008

In case you missed it this summer while you were at an amusement park, at barbeques or at the beach the West African nation of Ghana found large deposits of oil of its coast. So much for peak oil. This is extraordinary news for Ghana which is...

Cocoa futures hit 28-year high on crop concerns   13/06/2008

Cocoa futures surged to nearly a 30-year high Thursday as investors bet that an overall drop in rainfall will hurt crops in West Africa, the world's biggest supplier of the beans used to make chocolate. Rainfall has picked up...

China has no agenda to exploit Africa   12/06/2008

The People's Republic of China (PRC) has no plans to either colonize or exploit Africa as being speculated by the western world, Ms. Wang Ke, Counsellor of the African Department of the Ministry of Foreign Affairs of China, said on Monday.She said...

New Development Strategy Focuses on Regional Integration in Sub-Saharan Africa   10/06/2008

Strengthening collaboration and integration across Africa's borders is a major stepping-stone toward the continent's meaningful integration in the global economy and a critical building block for stronger growth and poverty alleviation. That is the...

Good Governance Puts Ghana On Right Track   09/06/2008

President J.A. Kufuor made a case for good governance in Africa, saying that Ghana's development experience in the last eight years was a pointer to the fact that good governance was a critical condition for economic development. ...

Africa regional integration key to more trade - WEF   06/06/2008

The slow pace of regional integration and poor infrastructure are hampering trade between countries in Africa, delegates at a World Economic Forum meeting said on Friday. African countries do more trade with the rest of the world than with each...

Local company completes oceanographic contract for West African oil refinery   06/06/2008

Oceanographic and meteorological measurements company, Metocean Services International (MSI), has completed a $95 000 contract to carry out a metocean data collection programme for petroleum products importer, Tema Offshore Mooring Limited (TOML) in...

Wade: poor countries treated 'like beggars'   04/06/2008

Senegalese President Abdoulaye Wade has accused the United Nations' food agency of treating developing countries "like beggars," voicing disappointment at a food crisis summit in Rome.The president of Senegal, Abdoulaye Wade, expressed his...

Coalition launched to double Africa's rice production   02/06/2008

The creation of the Coalition for African Rice Development (CARD) has been one of the fruits of the fourth Tokyo International Conference for African Development (TICAD) held in the Japanese city of Yokohama. The project's principal goal is to...