Major new report assesses the threat of the economic crisis on Africa ’s development, analyses the continent’s progress and issues new recommendations to G8 and African leaders
Time: 14:00-14.45 local time (13:00-13:45 GMT+1), Wednesday 10th June 2009
Venue: WEF on Africa - Press Conference Room, Cape Town International Convention Centre, Cape Town , South Africa
Continue reading " Kofi Annan, Michel Camdessus, Graça Machel, and Linah Mohohlo to launch Africa Progress Panel 2009 State of Africa Report" »

By Darren Ennis and Bate Felix
Africa's top banana export countries sought on Friday 500 million euros ($694 million) in compensation from the European Union as part of a deal to end the world's longest-running trade dispute. Talks drag on at the World Trade Organisation in Geneva between the EU and Latin America's leading banana suppliers aimed at reducing import tariffs and end the "banana wars" that have dragged on since the 1990s.
Continue reading "African states seek 500 million euros in EU banana deal" »
A new book 'Rich Like Them' by Ryan D’Agostino follows in the tradition of 'The Millionaire Next Door' and 'The Difference': It interviews a large group of millionaires in order to figure out what traits they have in common. 'Rich Like Them' takes this tactic and runs in a slightly different direction with it. The author identified the 50 richest zip codes in the United States and went to 49 of them. He literally went door to door, knocking on the doors of people in these communities, and asking them if they’d be willing to discuss how they “made it.”
Continue reading "To be rich like them, find out how they made it" »

By Mathias Victorien Ntep
Summer is around the corner so your average punter is getting ready to rush to the sun to enjoy its warmth. Yet most people aren’t aware of the weal and the woe of the sun—While the sun’s ultraviolet rays are a source of Vitamin D, which enhances the strength of human bones, ultraviolet rays do beget sunburns. This can result in skin cancer. Unlike dark-skinned people, fair-complexioned folks are particularly prone to skin cancer because their skin doesn’t contain much melanin. Fair-skinned people lack enough melanin because their body simply doesn’t optimally transform the tyrosine into melanin.
Continue reading "Health: Weal and Woe of the Sun" »

By Daniel Hannan
I've just been talking to a very clever man. He's called Thompson Ayodele,he's from Nigeria and he thinks that overseas aid is making Africancountries poorer. The statistics he produces are jaw-dropping. Theysuggest a direct correlation between the receipt of development assistanceand low growth. This is true whether you compare neighbouring countries,or whether you look at different periods within the same country. Foreign aid, he suggests, isn't useless; it's actively harmful. It discourages enterprise, fosters dependency and bolsters corrupt regimes. Asimilar correlation exists between debt remission and insolvency:countries which have their bills periodically written off becomere-indebted more quickly than countries which don't.
Continue reading "Stop giving us aid, say Africans" »
A new report co-sponsored by International Policy Network (London) and Initiative for Public Policy Analysis (Nigeria) details the shocking burden of fake drugs in less developed countries. The report notes that fake tuberculosis and malaria drugs alone are estimated to kill 700,000 people a year. Thats equivalent to four fully laden jumbo jets crashing every day. The report lays bare the ballooning problem of counterfeit and substandard drugs, which can constitute one third of the drug supply in certain African countries. These dodgy drugs result in unnecessary death and increased levels of drug resistance.
Continue reading "Fake drugs kill over 700,000 people every year - new report" »
By Tansa Musa
Cameroonian sugar maker SOSUCAM,
the biggest sugar producer in the six-nation Central African
economic zone, boosted output by 8 percent year-on-year in
2008/09, despite illegal imports, the firm said on Thursday. SOSUCAM, Cameroon's third biggest employer, has produced
130,000 tonnes of sugar products this season, which oficially
ends later this month, up from 120,000 tonnes last year, Jerome
Harel, special adviser to the executive general manager, said. The company grows and processes sugar in Cameroon and
intends to increase production to more than 200,000 tonnes by
2010, in order to meet local demand.
Continue reading "Cameroon 2008 - 2009 Sugar Output Rises 8 percent Despite Smuggling" »
By Lord Aikins Adusei
Quite often when you read newspapers, listen to radio and watch television in the West you learn how poor Africans are and how corrupt African leaders are. But you will never watch, read or hear anything in these media outlets about the role being played by Western banking institutions; property development and estate companies; the big corporations; and the western political and business elite in promoting corruption in Africa.
Continue reading "Africa's Stolen Money and The Western Media" »
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