Tag Archive | Investment

Putin and his Oligarchs in Africa: The Scramble for Economic and Military Leverage

by Gregory Alonso Pirio and Robert Pittelli Africa is increasingly becoming a target of Russia’s renewed international assertiveness; its economic and military forays into Africa are often overshadowed, however, by Russian aggression in the Ukraine including the annexation of Crimea and its military backing of Syrian President Bashar al-Assad. The quieter but dramatic Russian engagement […]

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Posted in Congress Watch, Countries, Defense News, Economy, Eritrea, Ethiopia, Politics and Security, Regional Issues, Somalia, Sudan0 Comments

Bringing Ethiopian Entrepreneurship To The World

From Forbes Magazine POST WRITTEN BYRenuka Methil Ms. Methil is the editor of Forbes Woman Africa This article appeared in the August/September 2015 issue of Forbes Woman Africa Bethlehem Tilahun Alemu is a tireless foot soldier taking Ethiopian entrepreneurship to the world. She is building a $20-million shoe factory in Addis Ababa and is also soon launching […]

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

The domestic controversy over China’s foreign aid and the implications for Africa

From The Brookings Institution During his visit to the United Nations just last month, Chinese President Xi Jinping made major pledges in foreign aid. This included $2 billion to the new South-South Cooperation Assistance Fund, debt forgiveness for least-developed countries, and $100 million in military assistance to the African Union, as well as a 10-year, $1 billion “peace […]

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Posted in Congress Watch, Countries, Economy, Politics and Security, Regional Issues0 Comments

Bullish Ethiopia and Djibouti agree on $1.55Bn pipeline; Kenya’s LAPSSET has reason to worry

From The Guardian Ethiopia and Djibouti are looking to create an African infrastructure hegemony that reaches into West Africa. THE MEN IN NAVY BLUE: Ethiopian Prime Minister, Hailemariam Desalegn with Djibouti President, Ismaïl Omar Guelleh. If they had their way they would own oil the railway and oil pipelines from East Africa to the Gulf […]

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

East Africa’s inflows of foreign direct investment increase by 11%

  Africa is now positioning itself as a major business opportunity for investors, according to ICAEW’s latest Economic Insight report. here aid was the traditional source of finance, the continent is now seeing a dramatic fivefold increase in FDI, with Nairobi topping the list as the most attractive destination. ICAEW (the Institute of Chartered Accountants […]

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Posted in Congress Watch, Countries, Economy, Politics and Security, Regional Issues0 Comments

Africa looks west once again

Dr Alex Vines OBE Research Director, Area Studies and International Law; Head, Africa Programme China’s slowing economy is making the US a more attractive investor For the first time in more than 15 years, Zimbabwe’s 91-year-old president, Robert Mugabe, openly asked for western re-engagement in his ‘state of the nation’ address in August. A decade […]

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

Rising from the ashes: 10 astonishing facts on Ethiopia’s turnaround, how it did it, and the unseen forces driving growth

by Christine Mungai  Enrolment in secondary education has shot up, from less than 500,000 in 1996/97 to just under 21.9 million in 2012/13 – that’s a 4,280% increase. A wedding party enjoying a Sunday afternoon at Amora Gedel National Park near Awasa, Ethiopia. The country will book in among the world’s highest growth this year. (Photo/ […]

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

Nampak to make bottles in Nigeria and Ethiopia

BY JANICE KEW AND LIEZEL HILL, SEPTEMBER 23 2015, 17:10 Nampak CEO Andre de Ruyter. Picture: BLOOMBERG/WALDO SWIEGERS NAMPAK has agreed with partners to build glass-bottle manufacturing plants to take advantage of growing demand for packaged consumer goods and bottled drinks in the two countries where a quarter of Africans live — Nigeria and Ethiopia. […]

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

India’s Modi sets sights on Africa

From Deutche Welle As China’s slowdown impacts ties with Africa, India is seeking to step in and boost political and economic ties with the continent. The upcoming India-Africa Summit may offer a key opportunity to do that. It is being touted as India’s largest ever Africa outreach. From October 26 to 30, New Delhi plans […]

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

China Sneezes: Could Africans benefit from a devalued yuan?

From The National Law Review When China sneezes, does all of Africa catch a cold? Slower Chinese growth and a recently devalued currency will certainly impact Africa, whose largest trading partner is China. However, the impact of China’s recent currency devaluation will largely depend on country-specific factors. The Chinese government likely devalued its currency in August in part to […]

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

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