The ACFTA trade agreement hopes will create an economic bloc of $3.4 trillion to bolster development and trade across the continent of Africa. The U.N. Economic Commission for Africa, however, estimates an increase in intra-African trade of 52.3 % by 2020, asserting it will increase employment, facilitate better use of local resources for manufacturing and agriculture, and provide access to less expensive products.
VOA News
The University of Nigeria, Nsukka (UNN) yesterday as the institution’s Engineering Faculty successfully unveiled its first five-seater electric car.
Christened Lion Ozumba 551, the car, made with 80 percent
locally-sourced materials, could undertake a 30-kilometer distance when
fully charged.
Vice…
The first French expedition is estimated to have come to
Niger around 1890. The white French settlers controlled the black chiefs who in
turn controlled the local Africans. When discontent began to grow, several political
parties formed in Niger: The Niger Progressive Party (PPN)/ African…
Nelson Mandela spent 27 years
in prison at Robben Island for the cause of South African freedom. Robert
Mugabe likewise was also imprisoned in 1964 at Hwahwa for the Zimbabwean cause
of freedom from the tyranny of colonial rule.
During Robert Mugabe’s time at
Fort Hare…
Sudan was colonized by the British wanted to use the colony
as a cotton producer. The British gave Sudan independence in 1956, and it
became the largest country in Africa. However, they were divisions between the
Muslims in the north and Christians in the South.…
Farming has an image problem in large parts of Africa. For many
people there, it’s synonymous with poverty. So it’s hardly surprising
parents don’t want their children to end up working the land.
Things may be starting to change, though. A growing…
The reason that the British came to Africa was to accumulate wealth for themselves. All this talk of spreading civilization or Christianity was just a false pretext to plunder Africa’s precious resources for the benefit of the British citizenry.
The land…
Born October 23, 1810, he was one of the first known black
citizens of California and founder of the city now known as San Francisco. He
was born in St. Croix which at the time was part of the Danish Virgin Islands.
He was the…
For over 30 years, Brown Capital Management has been making waves in the Mount Vernon district of Baltimore, Maryland. To date they have assets of over $12 billion accumulated from investing in mostly small and midcap companies. So far this year,…
In 2019, Ghana will have the fastest growing economy in the world. The Gross Domestic Product (GDP) is expected to grow at 8.8% this year.
Just three decades ago, Ghana was in crisis; impoverished and suffering famine, it was on…