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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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Ambassador : Ibrahima Sory Sow, Ambassador
Full name: The Republic of Guinea
Population: 10.2 million (UN, 2011)
Area: 245,857 sq km (94,926 sq miles)
Major languages: French, Susu, Fulani, Mandingo
Major religions: Islam, Christianity, indigenous beliefs
Life expectancy: 53 years (men), 56 years (women) (UN)
Monetary unit: 1 Guinean franc = 100 centimes
Main exports: Bauxite, alumina, gold, diamonds, coffee, fish, agricultural products
GNI per capita: US $400 (World Bank, 2010)
Internet domain: .gn
International dialling code: +224
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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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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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A retrospective on the first cases of the outbreak
2015/03/31Ebola at 6 months
On 26 December 2013, a 2-year-old boy in the remote Guinean village of Meliandou fell ill with a mysterious illness characterized by fever, black stools, and vomiting. He died 2 days later. Retrospective case-finding by WHO would later identify that child as West Africa’s first case of Ebola virus disease. The circumstances surrounding his illness were ominous.
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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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Guinea looks to meet challenges of modernisation
2013/10/05Guinea\\\'s austerity measures have not proven popular with the country\\\'s army and civil service, but have impressed the IMF and other international observers. Its president and finance minister explain the challenges they have met in rebuilding the newly democratic country, and how they intend to turn it into a resource-based African powerhouse.
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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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Aicha Bah Diallo, Guinean education
2013/04/07Someone once wrote, “You educate a man; you educate a man. You educate a woman; you educate a generation” and these words couldn’t be more true in Africa. Globally, it is estimated that seventy five million children do not have access to education, of which fifty million are girls.
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Outlook for 2015-17
2015/10/04The country (Guinea) is situated in Western Africa, contiguous the North Atlantic Ocean, between Guinea-Bissau and Sierra Leone.
It has borders with Ivory Coast for 610km, Guinea-Bissau for 386km, Liberia for 563km, Mali for 858km, Sierra Leone for 652km and Senegal for 330km.
Land in Guinea is generally flat coastal plain, hilly to mountainous interior.The climate is generally hot and humid; monsoonal-type rainy season (June to November) with southwesterly winds; dry season (December to May) with northeasterly harmattan winds.Economic Review
Increase in Guinea’s gross domestic product (GDP) shrank from 2.3% in 2013 to a miserly 0.6% in 2014 due to the consequences of the Ebola epidemic, delays in the implementation of structural reforms and electricity shortages. Assuming that the epidemic is brought under control in the initial six months of 2015, increase should reach 0.9% in 2015 and 4.3% in 2016 thanks to increased public investment , increased mining and a better electricity supply.
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The friendly relations between the People's Republic of China and the Republic of Guinea
2015/10/03The friendly relations between the People's Republic of China and the Republic of Guinea continued to enjoy sound and steady increase in 2013.
The two nations maintained exchanges at all levels. In September, Chinese President Xi Jinping sent a congratulatory message to Guinean President Alpha Condé on the 55th anniversary of Guinea's independence.
- Guinea 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
- SOCIAL / CSR: Bill Gates sees US likely to maintain aid levels for Africa
- EVENT: Africa: Graca Challenges Women, Girls to Grab Emerging Opportunities
- LOCAL GOVERNMENT: Thousands protest against Guinea's Conde over election delays, insecurity
- PEOPLE: Children on the move from Africa do not first aim to go to Europe, new UNICEF study shows
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