Inflation keeps rising. Nigerian inflation accelerated to the highest rate in almost 11 years in June, adding pressure on policy makers to increase borrowing costs.
All by itself. Kenya may abandon 10 years of negotiating a trade deal with the European Union as part of the regional East African Community bloc and go it alone, to avoid having duties of as much as 30 percent slapped on its exports from October.
Buhari’s integrity suffering. Corruption is endemic in Nigeria; Buhari’s promise to rid the country of the menace has, therefore, won him several loyalists, many of whom he may lose to frequency of questions about his integrity in one of the few areas his government has succeeded.
Truth or reason. These two words are behind some of the world’s greatest changes. “Young people will be the torch bearers of the next sustainable development agenda.”
Private sector and prosperity. In comparison to the ageing populations of the mature economies, Africa’s young population is a gift of human capital, giving it a major competitive advantage.
Facebook Post. One problem that seems to have existed since humanity’s early days is that of minority peoples and the quest for recognition, acceptance and equality.
Slow South Africa. Economic growth in South Africa is too slow to improve living standards in a country where a third of the population is excluded from the economy, according to the International Monetary Fund.
No troops. South Sudan will resist plans by neighboring countries to deploy a regional force in the wake of renewed violence in the oil-producing nation, its defense minister said.
Tanzania’s railway will be built with Chinese money. Export Import Bank China will lend Tanzania $7.6 billion for a railway that will help the East African nation’s landlocked neighbors.
Facebook wants to give internet to everyone. Facebook wants to bring internet connectivity to four billion more people to ensure the whole world is connected.