Dilemma X

China Railway Construction wins $12 billion Nigeria deal The $11.97 billion deal marks China’s largest single overseas contract project so far, it said, citing CRCC. The rail will link Lagos, the financial capital of Africa’s largest economy and leading oil producer, and Calabar in the east Reuters BEIJING- China Railway Construction Corp. Ltd. (CRCC) has […]

Housing jewel emerges in Johannesburg City of Johannesburg Johannesburg Executive Mayor Cllr Mpho Parks Tau unveiled a R1.95 billion (US$173.85 million) mixed residential development in South Hills, southern Johannesburg, in a move aimed at reversing apartheid’s spatial planning and integrating communities. “People who used to say the South is long dead and buried had better […]

Zambia: Guy Scott becomes Africa’s first white head of state in 20 years Scott is the first white leader of an African nation since F.W. de Klerk, the last president of South Africa under apartheid. Scott is not allowed to run for president as his parents are not native Zambians and he can only hold […]

United States: Foreign-born population from Africa has grown rapidly during the last 40 years U.S. Census Bureau Released October 1, 2014 The foreign-born population from Africa has grown rapidly in the United States during the last 40 years, increasing from about 80,000 in 1970 to about 1.6 million in the period from 2008 to 2012. […]

Cuba sends 165 health professionals to West Africa to battle Ebola Granma HAVANA- On the evening of October 1, Cuban President Raúl Castro Ruz bid farewell to the 165 health professionals traveling to Sierra Leone, to contribute to the global struggle against Ebola, which has caused the death of thousands of people in West Africa. […]

Tanzania seen luring IPOs as state scraps foreign cap By Alawi Masare and Neo Khanyile Bloomberg Tanzania, which has Africa’s best-performing stock market, lifted controls on foreign-share ownership, making it more enticing for companies to consider initial public offerings. The removal of restrictions on foreigners owning more than 60 percent of companies that trade on […]

The European Union has signed development programs with 21 African, Caribbean and Pacific countries Xinhua BRUSSELS- The European Union has signed development programs with 21 African, Caribbean and Pacific countries for a total amount of 339 million euros (445 million U.S. dollars), an EU statement said on September 2, 2014. Andris Piebalgs, European Commissioner for […]

China pours $2.5 billion (U.S.) into Tanzania East African Business Week DAR ES SALAAM — China said that its current investments in Tanzania have reached $2.5 billion. This makes them the second largest investor in the country. The Economic and Commercial Representation of China in Tanzania said the two countries bilateral trade volume topped $3.7 […]

Four in 10 of the world’s people will be African by the end of this century UNICEF released a report August 13, 2014 where it projected the growth of Africa’s child population within the next century. UNICEF Africa, already the world’s second most populous continent with over 1 billion inhabitants, is experiencing a demographic shift […]

Angola Hosts Bureau of Ministers for Mineral Resources in Africa Angola Press LUANDA— Angola will host the first meeting of the Bureau of Ministers Responsible for Mineral Resources in Africa scheduled for Wednesday in Luanda aimed at reviewing the institutionalization and sustainability progress of the Central African on Mining Development Process, launched in Maputo in […]