South-South investment and exchange of know-how are key sources of growth and prosperity in Africa – and Huajian Group of China’s experience in Ethiopia is really edifying. That was the message the President of the African Development Bank Group, Donald Kaberuka, gave in his address at the opening of a high-level seminar on September 7 in Tunis. more[...]
Arab African International Bank believes in investment in youth for a better future and realizes that its influence as a leading private institution has grown in parallel with its competitiveness. Arab African International Bank was the first bank in Egypt and the region to launch an education program for undergraduates in various universities across the country and offers awards for creative ideas. more[...]
On September 14, 2010, the Food and Agriculture Organization of the United Nations (FAO) published its estimates concerning the number of people suffering from hunger in 2010: 925 million. This figure was below the 1,020 billion in 2009, but it was higher than the number reached before the 2008 global food crisis. The 2010 figure corresponded to 13.5% of the world population, while the 2015 objective (millennium development goal (MDG) number 1) was 8%. The FAO concluded that we were still far from achieving MDG 1, that is, halving the number of hungry people worldwide by 2015. more[...]
The ITUC has described the wave of violence at South Africa’s Lonmin Marikana platinum mine as appalling, with as many as 36 killed yesterday when police opened fire on striking miners. 10 people had previously been killed in the past week as violence at the mine escalated. more[...]
Over the past decade, real GDP growth for Africa rose at more than double its pace compared to the 90′s. FDI from international investors has played a major role in this development and investments in Africa have become an important part of any diversified Emerging Market portfolio. more[...]
The United Nations Human Rights Council has taken great strides to ensure national water governance better considers human rights, and has also taken into account national concerns over the effects environmental degradation is having on human rights, according to environmental nongovernmental organizations Green Cross International and WaterLex. more[...]
Press Review Africa - March 2012 more[...]
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