The most important in this week’s headlines out of and concerning Africa, for those who need help catching up. In this week’s news, old guns provide a new economic prospect, and Africa’s millionaires are on the rise. Angola Recycles Old Guns To Create Steel Mill Fourteen years after the end of Angola’s decades-long civil war, the country has…
The most important in this week’s headlines out of and concerning Africa, for those who need help catching up. This week brings news of a beer merger which impacts consumers in Africa, a change in AGOA trade benefits, and terror in Somalia. Beer Merger Hints at Economic Change Anheuser-Busch InBev has agreed to pay $100…
U.S. President Barack Obama has called it “the worst financial crisis in our life time.” You can call anything you like; the crisis of a generation, the trickle-down effects of the sub-prime mortgage lending mess, or whatever, but the global financial crisis is hitting not only the United States but all countries around the world. It may…
If we can forget about the doom and gloom created by the world financial crisis for a moment and look at history, economists tell us that the crash of the stock market and fears of a recession or depression is nothing new. By the way, some of us can barely remember the crash of…