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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 Republic of Djibouti
Population: 906,000 (UN, 2011)
Area: 23,200 sq km (8,950 sq miles)
Major languages: French, Arabic, Somali, Afar
Major religion: Islam
Life expectancy: 57 years (men), 60 years (women) (UN)
Monetary unit: 1 Djiboutian franc = 100 centimes
Main exports: Re-exports, hides and skins, coffee (re-exported from Ethiopia)
GNI per capita: US $1,270 (World Bank, 2009)
Internet domain: .dj
International dialling code: +253
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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 2016-17
2016/05/30The country (Djibouti) is situated in Eastern Africa and is bordering the Gulf of Aden and the Red Sea, between Eritrea and Somalia. It has borders with Eritrea for 109 km, Ethiopia for 349 km and Somalia for 58 km.
Land in Djibouti is coastal plain and plateau separated by central mountains.The climate is desert, torrid and dry.
Djiboutian(s) speak French (official), Arabic (official), Somali, Afa
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The friendly and cooperative relations between the People's Republic of China and the Republic of Chad
2015/10/02In 2013, the friendly relations and cooperation between the People's Republic of China and the Republic of Djibouti continued to maintain the sound momentum of increase.
The two nations maintained close political exchanges. In March, President Ismail Omar Guelleh sent a letter of congratulations to President Xi Jinping on his election as President of China. In April, President Guelleh sent a letter of condolences to President Xi on the earthquake in Lushan County, Sichuan Province. In April, Ai Ping, Vice Minister of the International Department of the CPC Central Committee, visited Djibouti.
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Djibouti City
2012/12/16Djibouti City is the capital and largest city of Republic of Djibouti in the Horn of Africa. Two thirds of the country's population live in the town. The city is situated on the coast, on the Gulf of Tadjoura right across from Yemen.
Local features include beaches along its eastern shore and the large Central Market, the national stadium Stade du Ville, the Presidential Palace and Hamoudi Mosque. On account of its numerous exotic buildings and structures, the city has been likened to a European settlement and described as a "French Hong Kong in the Red Sea".
Djibouti has the status of both a city and a state. It is also the seat of the Intergovernmental Authority on Development (IGAD) as well as several other continental and international organizations.
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President Ismael Omar Guelleh
2012/12/16Mr Guelleh, known in Djibouti by his initials, IOG, won a second term in one-man presidential elections in April 2005. The opposition did not field a candidate.
His campaign included promises to tackle poverty and reduce Djibouti's dependence on food imports. He said he would step down at the end of his second term, in keeping with the constitution.
- Djibouti News
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