African countries have stepped up screenings at border checkpoints to prevent the spread of a pneumonia-like illness from China as the continent waits to see if it has its first confirmed case of the coronavirus. Eugène Aka Aouele, the Ivorian health minister, said on Sunday that a 34-year-old woman from the West African country had arrived in...
February 4, 2025
Tag: Africa
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Facebook CEO goes to Nigeria to witness Africa’s tech revolution
LONDON, United Kingdom- Facebook CEO Mark Zuckerberg is visiting Nigeria this week on his first trip to Africa, using his time in the country to visit the Yaba technology hub in Lagos, meet with developers and partners, and explore Nollywood. Zuckerberg is in Nigeria to listen and learn and take ideas back to California on...
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The twilight of the resource curse?
FOR decades commodity prices have shaped Africa’s economic growth. The continent is home to a third of the planet’s mineral reserves, a tenth of the oil and it produces two-thirds of the diamonds. Little wonder then that, as a rule, when prices for natural resources and export crops have been high, growth has been good;...
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Falling global oil prices sparking Kenya’s economy to a vibrant growth
By: Jeremy Riro Global oil prices are experiencing a free fall with the ultimate bottom resistance point predicted at $40 per barrel. Increased supply from all leading world oil producers is termed to be the core reason why we are experiencing the downward slide of the “black gold” prices. The ripple effect this has on...