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The So Called Brain Drain Proving A Net GAIN for Africa

The So Called Brain Drain Proving A Net GAIN for Africa

More than Just Sending Money Home: Engaging the Diaspora as a Priority for Africa’s Development. In Foresight Africa: Top Priorities for the Continent in 2013. Anne W. Kamau and Mwangi S. Kimenyi. Africa Growth Initiative, Brookings Institution. January 2013. Af­rica’s large diaspora has […]

 
 

CLIMATE Change To Cost Africa’s Economies

CLIMATE Change To Cost Africa’s Economies

Adapting to climate change could cost the African continent around USD 7-15 billion per year by 2020, says the United Nations Environment Programme (UNEP). Policy makers are gripped by global warming and climate change issues that they believe threatens coastal […]

 
 

Mugabe Threatens To Stop Raw Platinum Exports

Mugabe Threatens To Stop Raw Platinum Exports

Hate him, love him, Mugabe defies the odds. According to Reutures, Zimbabwe may halt exports of raw platinum to South Africa to force mining companies to build a refinery in the country as a two-year deadline has expired, state media […]

 
 

New Algeria Oilfield ‘Biggest in Decades’

New Algeria Oilfield ‘Biggest in Decades’

Algeria uncovered the largest new oil field in the country in more than 20 years, officials announced last month. Sonatrach “discovered a new oilfield with around 1.3 billion barrels in the Amguid Messaoud basin in the north central part of […]

 
 

Angola’s National Currency Now Traded in Portugal and France

Angola’s National Currency Now Traded in Portugal and France

The kwanza, Angola’s national currency, since 11 November, can be traded in both France and Portugal, according to a statement from Portuguese foreign exchange company NovaCâmbios. In Mozambique and Namibia, where the company has branches, “we are waiting for authorisation […]