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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: Burkina Faso
Population: 16.9million (UN, 2011)
Area: 274,200 sq km (105,870 sq miles)
Major languages: French, indigenous languages
Major religions: Indigenous beliefs, Islam, Christianity
Life expectancy: 55 years (men), 57 years (women) (UN)
Monetary unit: 1 CFA (Communaute Financiere Africaine) franc = 100 centimes
Main exports: Cotton, animal products, gold
GNI per capita: US $550 (World Bank, 2010)
Internet domain: .bf
International dialling code: +226
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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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Economic Overview Over-reliance on the primary sector causes exposure to exogenous factors
2017/05/08Burkina Faso
Concerns about domestic stability and regional security
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Classroom at the rural primary school Ecole Keur Madaro near Thies, Senegal.
2016/05/28Over the last 15 years, West African governments and the international community have been successful at expanding access to primary schooling and from presently on, a ground-breaking regional learning assessment has revealed that the quality of education has remained elusive. The majority of children surveyed were not acquiring the basic literacy and math skills that are crucial for building human capital in the region.
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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 2016-17
2016/09/03The country (Burkina Faso) is situated in Western Africa, north of Ghana.
It has borders with Benin for 306km, Ivory Coast for 584km, Ghana for 549km, Mali for 1000km, Niger for 628km and Togo for 126km. Land in Burkina Faso is typically flat to dissected, undulating plains; hills in west and southeast. Burkinabe land covers an area of 274200 km².
The climate is tropical with warm and dry winters and hot and wet summers.
Burkinabe (singular and plural) speak French (official), native African languages belonging to Sudanic family spoken by 90% of the people.Country Overview
Burkina Faso is a low-gain ($690 gross per capita gain in 2014), landlocked Sub-Saharan country, with limited natural resources. Its people, which is growing at an average annual rate of 3%, was estimated at almost 17.9 million inhabitants in 2014. The economy is heavily reliant on agricultural production, with close to 80% of the active people employed in the sector. Cotton is the country’s most significant cash crop, while gold exports have gained importance in recent years.
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Ouagadougou
2012/12/08Ouagadougou is the capital of Burkina Faso and the administrative, communications, cultural and economic centre of the nation. It is also the country's largest city, with a population of 1,475,223 (as of 2006). The city's name is often shortened to Ouaga. The inhabitants are called ouagalais. The spelling of the name Ouagadougou is derived from the French orthography common in former French African colonies. If English orthography were used (as in Ghana or Nigeria), the spelling would be Wagadugu.
- Burkina Faso News
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