Tag Archive | Investment

Scotiabank Downgrades Nevsun Resources (NSU) to Sector Perform

Financial Market News March 2nd, 2016 – By Jennifer Langley Nevsun Resources (NYSE:NSU) was downgraded by equities researchers at Scotiabank from an “outperform” rating to a “sector perform” rating in a research report issued on Monday, The Fly reports. They presently have a $4.30 price objective on the stock, up from their prior price objective of $4.10. Scotiabank’s target price […]

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Posted in Congress Watch, Countries, Economy, Eritrea0 Comments

Foresight Africa: Top Priorities for the Continent in 2016

From The Brookings Institution Africa is at a tipping point in 2016. Despite all the success the continent has achieved in recent years, new and old dangers—economic, political, and security-related—threaten to derail its progress. With sound policymaking, effective leadership, and enough foresight, however—Africa can meet and defeat these challenges as well as the many more […]

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Posted in Congress Watch, Countries, Defense News, Democracy, Economy, Opinion Roundup, Policy Dialogue, Politics and Security, Regional Issues0 Comments

China pledged to invest $60 billion in Africa. Here’s what that means.

By Winslow Robertson and Lina Benabdallah January 7 Chinese President Xi Jinping inspects the honor guard after arriving in Harare, Zimbabwe on December 1, 2015. (JEKESAI NJIKIZANA/AFP/Getty Images) The year 2015 was quite eventful for China-Africa diplomacy. Several high-level officials from both sides visited in each direction; the African Union (AU) and China signed a memorandum of understanding; China concluded […]

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Africa’s Boom Is Over

From Foreign Policy Africa was never going to get far without manufacturing — and it can’t do so under today’s trade and investment treaties. BY RICK ROWDEN In recent years, economists and popular publications alike have argued that Africa was on the threshold of an economic boom. Pointing to a decade of high growth and increased foreign investment, this argument […]

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5 Myths About Chinese Investment in Africa

Foreign Policy ARGUMENT Xi Jinping just announced billions of dollars worth of aid and financing for Africa. Here’s why the Chinese president is sure to be misunderstood. BY DEBORAH BRAUTIGAM JOHANNESBURG, South Africa — Santa Claus arrived early in South Africa — on a Chinese jet. This week, Chinese President Xi Jinping signed multiple business deals and […]

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CHINESE “AID” TO AFRICA: BE CAREFUL COMPARING APPLES AND DRAGON FRUITS

CHINESE “AID” TO AFRICA: BE CAREFUL COMPARING APPLES AND DRAGON FRUITS Authors: Axel Dreher, Andreas Fuchs, Brad Parks, Austin Strange, Mike Tierney Editor’s note: This article was originally published in a modified form, “Many in the West fear Chinese ‘aid’ to Africa. They’re wrong. Here’s why,” on the Washington Post’s Monkey Cage blog on October 20, 2015. Western pundits have a narrative about […]

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Standard Bank opens office in Ethiopia

To gain a foothold in one of Africa’s fastest growing economies. TJ Strydom, Reuters | 30 October 2015 14:55 JOHANNESBURG – South Africa’s Standard Bank has opened an office in Ethiopia, it said on Friday, to gain a foothold in one of Africa’s fastest growing economies where foreign lenders are not allowed to own banks. Ethiopia is a […]

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Posted in Congress Watch, Countries, Economy, Ethiopia, Regional Issues0 Comments

#INDIA : JOURNALISTS LURKING FOR AN INTERVIEW WITH #ERITREA’S PRESIDENT ( AFRICA’S KIM JONG UN) #IAFS

#INDIA : JOURNALISTS LURKING FOR AN INTERVIEW WITH #ERITREA’S PRESIDENT ( AFRICA’S KIM JONG UN) #IAFS  BY EDITOR New Delhi , India ( DIPLOMAT.SO) – According to a report published on the website Livemint – In hindsight, I should have known. On Monday, I called the Eritrean embassy in New Delhi, located in the Vasant Vihar neighbourhood, […]

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Ethiopia: China Rides the Rails of Ethiopia’s Development

From al Jazeera By Elias Gebreselassie Ethiopia’s Addis Ababa Rail project opened last month to the delight of excited residents of the country’s capital. The $475 million urban rail project – funded by China – is one of the most obvious examples of Beijing’s huge role in Ethiopia’s infrastructure development. The world’s most populous nation […]

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Posted in Congress Watch, Countries, Economy, Ethiopia, Regional Issues0 Comments

Ethiopia’ upcoming Eurobond could be $2 billion

From The Africa Report Ethiopia hopes to raise as much as $2 billion through a 10-year Eurobond later this year, senior central bank advisor Elias Loha said on Wednesday. “We are looking at around 2 (billion dollars)” Loha told Reuters on the sidelines of an investment conference. “It will be very shortly, within a month or two,” he […]

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Posted in Congress Watch, Countries, Economy, Ethiopia, Regional Issues0 Comments

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