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The Ethiopian boomtown that welcomes water firms but leaves locals thirsty

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William Davison in Sululta | Thursday 9 March 2017 | The Guardian Business in the Sululta district of Ethiopia’s Oromia region is burgeoning. So why, despite abundant rainfall, does half the population have no access to fresh water? Towards the end of the day at the Abyssinia Springs bottled water factory near Ethiopia’s capital, Addis Ababa, workers … [Read more...] about The Ethiopian boomtown that welcomes water firms but leaves locals thirsty

Aliko Dangote: In for the long haul

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  Osasu Oyiuwana | 22 February 2017 | New African Aliko Dangote, Africa’s richest man, is optimistic that the only place to invest in today is Africa. Our Nigerian correspondent Osasu Obayiuwana talked to him in Lagos. With a $10bn investment in the ongoing construction of a state-of-the-art refinery, as well as a neighbouring fertiliser plant, on the outskirts of … [Read more...] about Aliko Dangote: In for the long haul

The legislation of imperial arrogance

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Boubacar Boris Diop | 28 February 2017 | New African African countries leaving the ICC expose the Court’s true colours. The man stares intensely into the camera, an unflinching gaze conveying toughness and resolve. Yet somehow he also looks meek, tame almost, like a cowering wild beast. Although the picture was taken somewhere in the forest, one senses that he still cares … [Read more...] about The legislation of imperial arrogance

JP Morgan’s love affair with Eritrea

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Staff reporter | 23 Aug 2016 | Mining Journal JP Morgan Chase has emerged with 9.12% of Eritrea-focused Danakali whose flagship operation is the Colluli potash project, a 50-50 joint venture with the Eritrean National Mining Company. JP Morgan is no stranger to Eritrea and already has an interest in Canada’s Nevsun Resources which operates Bisha, one of the few … [Read more...] about JP Morgan’s love affair with Eritrea

Sub-Saharan Africa not winning friends in the medical device market

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Michelle Gumede | 06 March 2017 | Business Day BMI gives the region the lowest average country risk score due to systemic economic and political risks, pressurised aid flows and corruption Sub-Saharan Africa ranks the least attractive region to commercialise medical devices because of the region’s poor operational environment and barriers to access healthcare, … [Read more...] about Sub-Saharan Africa not winning friends in the medical device market

Libya falls back into civil war as rival sides fight to control oil terminals

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Patrick Wintour Diplomatic editor | Tuesday 7 March 2017 | The Guardian Conflict sparked by Benghazi Defence Brigade’s capture from Libyan National Army of terminals at Sidra and Ras Lanuf Ambassadors to Libya from the UK, America and France have made an appeal for calm as Libya falls back into a bloody civil war with rival sides battling for control of … [Read more...] about Libya falls back into civil war as rival sides fight to control oil terminals

Trade on the Streets, and Off the Books, Keeps Zimbabwe Afloat

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NORIMITSU ONISHI and JEFFREY MOYO | MARCH 4, 2017 | NEW YORK TIMES HARARE, Zimbabwe — Dusk falls and thousands of vendors fan out across central Harare. Through the night, they hawk their wares — vegetables, clothes, kitchen utensils, cellphones — from carts, wheelbarrows or even the pavement, transforming the city’s staid business district into a giant, … [Read more...] about Trade on the Streets, and Off the Books, Keeps Zimbabwe Afloat

WikiLeaks Publishes Massive Archive of CIA Hacking Tools

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Elias Groll | March 7, 2017  Foreign Policy   Julian Assange is back, this time purportedly exposing some of Langley’s most sensitive secrets. WikiLeaks released a huge trove on Tuesday of hacking tools allegedly developed and used by the CIA, a release that — if authentic — would constitute one of the most significant breaches of classified information in … [Read more...] about WikiLeaks Publishes Massive Archive of CIA Hacking Tools

Russian TV Crew Tries to Bribe Swedish Youngsters to Riot on Camera

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Robbie Gramer | March 7, 2017 | Foreign Policy The Stockholm suburb of Rinkeby was thrust into the global spotlight after President Donald Trump leveled unsubstantiated claims that Sweden is roiled by rising crime and nonexistent terror attacks. Days after Trump made his claims, the suburb did in fact experience a riot, sparking media furor over whether Western … [Read more...] about Russian TV Crew Tries to Bribe Swedish Youngsters to Riot on Camera

Fastest-Growing African Economy Has Banks Lining Up to Enter

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Renee Bonorchis | 1 mars 2017| Bloomberg Lenders are lining up to set up businesses in Ethiopia, one of Africa’s fastest-growing and most under-banked economies. Now they need the government to let them open their doors. Over the past two years, Standard Bank Group Ltd., Africa’s biggest lender by assets, and KCB Group Ltd., Kenya’s largest lender, have joined the … [Read more...] about Fastest-Growing African Economy Has Banks Lining Up to Enter