Nigerian Political Update – Buhari Targets South East

Awka — With six days to the presidential election, All Progressives Congress (APC) candidate, Muhammadu Buhari, will storm the Eastern commercial nerve centre, Onitsha, Anambra State, with his campaign train. Where he’d hold town hall meetings, as portion of his campaign tour ahead of the March 28 presidential election, Buhari, who’s anticipated there on Monday, […]

African Investment – Progress Report

Investor trust in Africa will not enhance this year although petroleum importers will gain as the biggest petroleum exporters were hit by poor costs, a Reuters survey found on Thursday. The predictions are poorer than in the boom years that China’s voracious appetite drove while such growth rates are high by international standards. “East Africa […]

The African Cash Which Simply Disappears

A combined panel headed by former South African President Thabo Mbeki and run from the African Union as well as the United Nations released a report describing the strategies some businesses utilize to send cash from the continent illicitly. The losses are staggering not only in relation to dollars but development chances lost, Mr. Mbeki […]

Will Oil Bring Prosperity or Chaos to East Africa

Many in the oil industry are looking towards East Africa as the next great oil reserves. ¬†There have been many discoveries over the last few years that seem to be commercially viable, including some in Uganda, Mozambique and Tanzania. Of course these countries have numerous problems, but if used responsibly the billions of dollars of […]

South Africa Narrowly Avoids Recession

It was close, but the latest South African economic results have delivered small growth which has meant the country is not quite dipping into recession. However the promises by the government of reinvigorating the economy seem to be fairly empty at this point. There is no doubt that the South African economy has struggled over […]