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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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Hospital Ship Decks in Douala Cameroon
The medical mission is placed under the supervision of the Initial Lady, Mrs. Chantal Biya, and under the auspices of the Prime Minister, Philemon Yang.
Over 4500 patients begin receiving medical care today through an operation that will end June 2018. The major non-government hospital ship, Mercy Ships, arrived in Douala at about mid day yesterday. On hand to welcome the medical team was Cyrus Ngo'o, General Manager of the seaport.
A brief moment of exchange between the seaport authority and the captain of the mobile hospital, John Borrow, during which both men harped on their remain , took place in the watchful eyes of media men and women.
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- Key Facts
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Full name: Republic of Cameroon
Population: 20 million (UN, 2011)
Area: 475,442 sq km (183,568 sq miles)
Major languages: French, English, languages of Bantu, Semi-Bantu and Sudanic groups
Major religions: Christianity, Islam, indigenous beliefs
Life expectancy: 51 years (men), 54 years (women) (UN)
Monetary unit: 1 CFA franc = 100 centimes
Main exports: Crude oil and petroleum products, timber, cocoa, aluminium, coffee, cotton
GNI per capita: US $1,180 (World Bank, 2010)
Internet domain: .cm
International dialling code: +237
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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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Cameroon Growth is here, but you could have it so much better
2017/05/08Cameroon
Growth is here, but you could have it so much better
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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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ESSIMI MENYE, Minister of Finance
2012/12/18Most civil engineering feats are the product of unrelenting will. They bear witness to social cohesion and lay the groundwork for next prosperity. Whether it is a large-scale regulating dam or a deepwater seaport, Cameroon is unveiling a series of infrastructure projects that will give the country a complete makeover. It is a first step in the country’s move toward middle-income status by 2035.
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Cameroonian-President-Paul-Biya
2012/12/18Following the merger in 1961 of former French Cameroon and part of British Cameroon, the Republic of Cameroon has since enjoyed over half a century of political and social stability, despite being located in the conflictive Central African sub-region. Such composure has enabled the republic to focus on its agriculture, roads, infrastructure and the development of a petroleum industry.
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Outlook for 2013-17
2016/05/29The country (Cameroon) is situated in Western Africa and is bordering the Bight of Biafra, between Nigeria and Central African Republic for 797 km, Gabon for 298km, guinea
Land in Cameroon is various, with coastal plain in southwest, dissected plateau in center, mountains in west, and plains in north.The climate varies with terrain and from tropical along coast to semiarid and hot in north.
African language groups, English (official), French (official).
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The friendly and cooperative relations between the People's Republic of China and the Republic of Cameroon
2015/10/01The friendly and cooperative relations between the People's Republic of China and the Republic of Cameroon continued to grow in 2013.
In March, President Paul Biya sent a telegram of congratulations to Xi Jinping on his election as the Chinese president. In April, President Biya sent a letter of condolences to President Xi Jinping over the earthquake in Lushan, Sichuan Province. In the same month, Prime Minister Philemon Yang sent a letter of congratulations to Li Keqiang on his election as the Chinese premier.
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Yaounde the capital of Cameroon
2013/07/21Yaoundé is the capital of Cameroon and, with a people of approximately 2.5 million, the second major city in the country next the port city Douala. It lies in the center of the country at an elevation of about 750 metres (2,500 ft) above sea level.
Yaoundé was founded in 1888 by German traders as a base for the ivory trade and as an agricultural research station. It was occupied by Belgian troops during World War I. Next Germany's defeat, France became the colonial power in eastern Cameroon. Yaoundé as a result became the capital of French Cameroon, and continued as the capital of the Republic of Cameroon at independence.
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- Cameroon News
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- ECONOMY: Africa’s economic growth in 2016 was driven by East Africa
- REAL ESTATE: Africa property offers rich pickings for the brave
- HEALTH: Hospital Ship Decks in Douala Cameroon
- SOCIAL / CSR: Bill Gates sees US likely to maintain aid levels for Africa
- EVENT: Africa: Graca Challenges Women, Girls to Grab Emerging Opportunities
- PEOPLE: Children on the move from Africa do not first aim to go to Europe, new UNICEF study shows
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