Tag: Africa


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Africa Calls Trump Racist After 'Shithole' Remark

Africa Calls Trump Racist After 'Shithole' Remark

JOHANNESBURG/LUSAKA, Jan 12 (Reuters) – African politicians and diplomats labeled U.S. President Donald Trump a racist on Friday after he was reported to have described some immigrants from Africa and Haiti as coming from “shithole” countries. Yahoo News – Latest News & Headlines

January 13, 2018 | By | Reply More
South Africa utility Eskom says reserves exhausted, power outages inevitable

South Africa utility Eskom says reserves exhausted, power outages inevitable

By Peroshni Govender and Helen Nyambura-Mwaura JOHANNESBURG (Reuters) – South Africa's power reserves are all but exhausted and rolling blackouts will be an inevitable part of life in the continent's most advanced economy for up to three years, state-run power utility Eskom warned on Thursday. South Africa has been hamstrung by power shortages, which have […]

January 15, 2015 | By | Reply More
Mark Mobius: Why Africa is the next emerging-markets success story

Mark Mobius: Why Africa is the next emerging-markets success story

Emerging markets super-bull Mark Mobius has his sights set on a new region: Africa. MarketWatch.com – Mutual Funds

December 3, 2014 | By | Reply More
Exclusive: Obama plan to ‘Power Africa’ gets off to a dim start

Exclusive: Obama plan to ‘Power Africa’ gets off to a dim start

JOHANNESBURG (Reuters) – Barack Obama last year told a cheering crowd in Cape Town that a $ 7 billion plan to “Power Africa” would double electricity output on the world’s poorest continent and bring “light where currently there is darkness”. Reuters: Politics

November 29, 2014 | By | Reply More
Exclusive: Obama plan to ‘Power Africa’ gets off to a dim start

Exclusive: Obama plan to ‘Power Africa’ gets off to a dim start

By Joe Brock JOHANNESBURG (Reuters) – Barack Obama last year told a cheering crowd in Cape Town that a $ 7 billion plan to "Power Africa" would double electricity output on the world's poorest continent and bring "light where currently there is darkness". A year later, the U.S. president's flagship project for Africa has already […]

November 28, 2014 | By | Reply More
Obama names Ebola ‘czar’ as West Africa death toll rises

Obama names Ebola ‘czar’ as West Africa death toll rises

WASHINGTON (Reuters) – President Barack Obama appointed a former White House adviser as U.S. Ebola “czar” on Friday as the global death toll from the disease that has ravaged three West African countries rose to more than 4,500. Reuters: U.S.

October 18, 2014 | By | Reply More
World Bank sees financial impact of Ebola at as much as $32.6 bln in Africa

World Bank sees financial impact of Ebola at as much as $32.6 bln in Africa

GENEVA (Reuters) – The regional impact of West Africa's Ebola epidemic could reach $ 32.6 billion by the end of 2015 if it spreads significantly beyond the worst-hit countries of Guinea, Liberia and Sierra Leone, the World Bank said on Wednesday. "The enormous economic cost of the current outbreak to the affected countries and the […]

October 8, 2014 | By | Reply More
World Bank sees financial impact of Ebola at as much as $32.6 bln in Africa

World Bank sees financial impact of Ebola at as much as $32.6 bln in Africa

GENEVA (Reuters) – The regional impact of West Africa’s Ebola epidemic could reach $ 32.6 billion by the end of 2015 if it spreads significantly beyond the worst-hit countries of Guinea, Liberia and… Reuters: Economic News

October 8, 2014 | By | Reply More
Inventors struggle to protect patents in Africa

Inventors struggle to protect patents in Africa

JOHANNESBURG (Reuters) – When Malagasy entrepreneur Andry Ravololonjatovo came up with the idea of a hi-tech translation service named after a local bird, the Drongo, he hesitated about registering the patent. Reuters: Technology News

July 17, 2014 | By | Reply More
South Africa joins battle against sell-off

South Africa joins battle against sell-off

Central banks in emerging markets are hiking interest rates to halt a slide in their currencies. South Africa is the latest country to do battle. Economic news – CNNMoney.com

January 29, 2014 | By | Reply More