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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 Islamic Republic of Mauritania
Population: 3.5 million (UN, 2011)
Capital: Nouakchott
Area: 1.04 million sq km (398,000 sq miles)
Major languages: Arabic (official), French, others
Major religion: Islam
Life expectancy: 57 years (men), 61 years (women) (UN)
Monetary unit: 1 ouguiya = 5 khoums
Main exports: Fish and fish products, iron ore, gold
GNI per capita: US $1030 (World Bank, 2010)
Internet domain: .mr
International dialling code: +222
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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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Edoh Kossi Amenounve is chief executive of the Bourse Régionale des Valeurs Mobilières.
2014/01/14Francophone west Africa’s regional stock exchange, the BRVM, suffers from low turnover and a lack of listings. But its chief executive tells Paul Wallace he is determined to change that and bring about closer ties with Nigeria and Ghana’s stock markets.
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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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Outlook for 2015-17
2015/11/01The country (Mauritania) is situated in Northern Africa, bordering the North Atlantic Ocean, between Senegal and Western Sahara.
The country has borders with Algeria 463 km, Mali 2,237 km, Senegal 813 km, Western Sahara 1,561 km.
The government's economic policies to placate protesters have been met with a mixed reception. Anecdotal evidence suggests that a food subsidy programme launched by the government in January, Operation solidarite, has been under-utilised and has facilitated corruption.
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Exchanges and cooperation in cultural and military fields moved forward smoothly.
2015/10/01In 2013, the friendly relations between the People's Republic of China and the Islamic Republic of Mauritania continued to advance steadily with fruitful exchanges and cooperation in various fields.
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Florian Westphal is the chief of the German section of Doctors Without Borders
2015/08/07The 28-country European Union has told member states that expressing regret over the new migrant tragedy was no substitute for action. Some 200 migrants were feared drowned at the same time as their vessel sank off the Libyan coast.
One NGO helping to save shipwrecked migrants in the Mediterranean Sea is the medical charity Doctors Without Borders. DW has been talking to the chief of their German section, Florian Westphal.
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President : Mohamed Ould Abdel Aziz
2012/12/19Mohamed Ould Abdel Aziz (born 20 December 1956) is the President of Mauritania. A career soldier and high-ranking officer, he was a leading figure in the August 2005 coup that deposed President Maaouya Ould Sid'Ahmed Taya, and in August 2008 he led another coup, that toppled President Sidi Ould Cheikh Abdallahi. Following the 2008 coup, Abdel Aziz became President of the High Council of National as part of what was described as a political transition leading to a new election.[2] He resigned from that post in April 2009 in order to stand as a candidate in the July 2009 presidential election, which he won. He was sworn in on 5 August 2009
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Nouakchott
2012/12/19Nouakchott is the capital and by far the major city of Mauritania. It is of the major cities in the Sahara. The city is the administrative and economic centre of Mauritania.
Climate
- Mauritania News
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