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Africa’s economic growth in 2016 was driven by East Africa
While the continent’s major economies were hit by the fall in commodity prices in 2016, Africa retained its position as the second-fastest growing continent globally recording an average of 2.2% GDP increase, behind only South Asia, according to the African Development Bank Group (AfDB).
Much of Africa’s increase in 2016, AfDB says, was driven by East Africa where several nations recorded “strong performances.” In general, of the continent’s sub-regions, East Africa posted the highest increase rate with 5.3%, led by Ethiopia.
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Africa property offers rich pickings for the brave
Some property pundits believe there are major opportunities for investors or companies on the continent.
While most pundits will acknowledge that the saying “Africa is not for sissies” rings authentic at the same time as it comes to property investment , some commentators believe that there are major opportunities for investors on the continent.
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Bill Gates sees US likely to maintain aid levels for Africa
The US will probably maintain its current levels of aid to Africa despite President Donald Trump’s proposals to slash funding, according to Bill Gates, the world’s richest man.
Trump said in May his government would no longer allocate funding for family planning, a move that has the potential to undermine aid programs in the poorest nations in the world. However, with Congress in control of the budget, it’s unlikely that all cuts proposed by the Trump government will go ahead next year, Gates said in an interview in Dar es Salaam, Tanzania’s commercial capital.
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- Key Facts
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Full name: The Republic of Malawi
Population: 15.4 million (UN, 2011)
Area: 118,484 sq km (45,747 sq miles)
Major languages: English, Chichewa (both official)
Major religions: Christianity, Islam
Life expectancy: 55 years (men), 55 years (women) (UN)
Monetary unit: 1 Malawi kwacha (MK) = 100 tambala
Main exports: Tobacco, tea, sugar, cotton
GNI per capita: US $330 (World Bank, 2010)
Internet domain: .mw
International dialling code: +265
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Africa's Relationship With China Is Ancient History
2017/07/02In 2002 South Africa's Parliament unveiled a digital reproduction of a map - of China, the Middle East and Africa - that some speculated could be the initial map of the African continent. The Da Ming Hun Yi Tu - the Comprehensive Map of the Great Ming Empire - was drawn up around 1389 during the Ming Dynasty, according to historian Hyunhee Park.
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Climate change laws around the world
2017/05/14There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.
The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.
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'Let's get more travel stories on Africa by Africans'
2016/07/23This month actor Louise Linton caused a social media storm at the same time as an extract of her African gap year memoir was published by the Telegraph and was widely panned online for being a tick inventory of cliches and stereotypes in the way the west has always liked to portray the continent. On Twitter, #LintonLies, set up by Zambian writer Lydia Ngoma, was trending as people started to pour scorn on Linton’s version of certain events and her take on life there. Think: “close encounters with lions”, “brutal tales of rape and murder,” and 12-inch long spiders, which would be terrifying, though they only exist in Laos.
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Africa: Making Things Happen at the Bank - 'Not a Talk Shop' - Akin Adesina
2017/07/02Dr. Akinwumi Adesina is focusing on five areas to achieve the African and world goals for a prosperous continent since becoming president of the African Development Bank - Africa's major public financial institution in September 2015. He was a keynote speaker at this month's Corporate Council on Africa's U.S.- Africa Business Summit in Washington D.C. and moderated a lively panel with five African government ministers. He as well received the Gene White Lifetime Succcess Award from the World Child Nutrition Foundation. This week, he was named the 2017 recipient of the World Food Prize, a prestigious honor that includes a $250,000 award. In an interview in Washington, DC, Adesina discussed the Development Bank's ambitious schedule and his vision for attracting the increase capital Africa needs. Posting questions for AllAfrica was Noluthando Crockett-Ntonga.
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Ibrahim Matola, Malawian Minister of Energy,
2013/08/08Energy is key to the economic increase of any country, inclunding to improve the business climate. Malawi currently faces challenges regarding energy security, and as the people grows, request is as well growing. This not taking into account all the mining companies that are going to commence operations very any minute at this time. How is your Ministry dealing with this challenge to provide energy security to the country?
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Outlook for 2012-16
2013/08/18The country (Malawi) has borders with Mozambique for 1569 km, Tanzania for 475km and Zambia for 837km.
Land in Malawi is thin elongated plateau with rolling plains, rounded hills, some mountains.
It is situated in Southern Africa, east of Zambia.
The climate is sub-tropical; rainy season (November to May); dry season (May to November).
tonga 1.7%, other 3.6% (1998 census).OVERVIEW
The president, Joyce Banda, and her People's Party are likely to remain in power until the elections in 2014. Popular discontent over rising prices will remain high and could intensify if the government fails to mitigate the effects and turn the economy around. Backing from the IMF and the liberalisation of the exchange-rate regime will improve investor sentiment and reduce the risk of further foreign-exchange shortages, although this will leave Ms Banda vulnerable to attacks from a additional populist opposition.
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Lilongwe
2012/12/21Lilongwe, (named after the Lilongwe River) is the capital and largest city of Malawi. The city is located in the central region of Malawi, near the borders with Mozambique and Zambia. The city has an estimated population 781,538 as of 2012.
Lilongwe is divided into a New and Old City. The former has hotels, embassies and offices while the latter has markets, bus stations, cafes and restaurants. The modern shops of the City are contrasted by the street and walled markets of Old Town. The Lilongwe Nature Sanctuary is between the Old and New towns and included a "People and Wildlife" animal rescue and education facility.
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President : Joyce Banda
2012/12/21Joyce Hilda Banda née Mtila is a Malawia Malawian politician who has been the President of Malawi since 7 April 2012. She is the founder and leader of the People's Party, created in 2011.
An educator and grassroots women's rights activist, she was Minister of Foreign Affairs from 2006 to 2009 and Vice-President of Malawi from May 2009 to April 2012.
Banda took office as President following the sudden death of President Bingu wa Mutharika. She is Malawi's fourth president and its first female president. Prior to becoming president, she served as the country's first female vice president.
- Malawi News
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- ECONOMY: Africa’s economic growth in 2016 was driven by East Africa
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- SOCIAL / CSR: Malawi Govt Announces Arrest Warrant for ex-Pres Joyce Banda
- PEOPLE: Children on the move from Africa do not first aim to go to Europe, new UNICEF study shows
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