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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: Republic of Madagascar
Population: 21.3 million (UN, 2011
Area: 587,041 sq km (226,658 sq miles)
Major languages: Malagasy (official), French
Major religions: Indigenous beliefs, Christianity
Life expectancy: 65 years (men), 69 years (women) (UN)
Monetary unit: Ariary
Main exports: Vanilla, coffee, seafood, cloves, petroleum products, chromium, fabrics
GNI per capita: US $430 (World Bank, 2010)
Internet domain: .mg
International dialling code: +261
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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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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
2015/10/05The country (Madagascar) is situated in Southern Africa, island in the Indian Ocean, east of Mozambique.
Land in Madagascar is narrow coastal plain, high plateau and mountains in center.
Malagasy land covers an area of 587040 km². The climate is tropical along coast, temperate inland, arid in south.Malagasy (singular and plural) speak French (official), Malagasy (official).
Overview
A political and social crisis since 2009 meant that 2014 was a decisive year for Madagascar, with a new president elected, a fresh parliament installed and a new government sworn in, thus enabling the country to rejoin the international community.
This evolution has not from presently on been matched by improvements to the economic and social performance. Increase remained sluggish in 2014 (3%, slightly up from 2.4% in 2013) due to little development in governance, energy shortages and delayed foreign funding, combined with a lack of domestic funding and private investment because of a worsening business climate.
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The relations between the People's Republic of China and the Republic of Madagascar
2015/10/05The relations between the People's Republic of China and the Republic of Madagascar grew steadily in 2013.
The two nations maintained friendly exchanges. In October and December, Cheng Tao, former Vice President of the Chinese People's Institute of Foreign Affairs and former Ambassador to Morocco, and Gao Yuchen, former Ambassador to Mauritius, led separate delegations to Madagascar to observe the two rounds of presidential and parliamentary elections. They met with Madagascan Foreign Minister Jacques Ulrich Andriantiana. The Chinese Embassy in Madagascar provided computers and other materials to assist the election in Madagascar.
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Antananarivo
2012/12/19Antananarivo is the capital and major city in Madagascar. It is as well known by its French colonial shorthand form Tana. The larger urban area surrounding the city, known as Antananarivo-Renivohitra ("Antananarivo-Mother Hill" or "Antananarivo-Capital"), is the capital of Analamanga Region.
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Andry Rajoelina : President of the Republic of Madagascar
2012/12/19Andry Nirina Rajoelina, born 30 May 1974, is the President of the High Transitional Authority of Madagascar. He became president on 21 March 2009 during a political crisis, having held the office of Mayor of Antananarivo for one year prior.
- Madagascar News
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- HEALTH: WHO lauds Africa’s progress in malaria, HIV control
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