Africa
Cooperation | Diplomacy | Macroeconomy | Policy
AU fears donors will cut African aid
afrol News, 10 October - Jakaya Kikwete, the Chairman of the African Union (AU) and President of Tanzania, today told the press in Antananarivo that the AU fears international donors may cut aid to Africa as the global financial crisis deepens. Experiences from earlier crises show his concerns are well founded.
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South Africa
Finance | Macroeconomy
SA economy in limbo
afrol News, 10 October - The Johannesburg Stock Exchange (JSE) has fallen strongly, but not as much as bourses in the North, and South African business stakeholders are insecure whether the country will profit or lose out during the current global crisis. Foreign investors are more negative and have sent the rand straight downwards.
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Africa | World
Development | Finance | Food Security | Policy | Poverty | Trade
Banana farmers urged to up local market production
afrol News, 10 October - With lessening access to European markets threatening to cost African banana farmers millions of dollars in lost exports, an international assembly of banana experts meeting in Kenya today adviced African growers to hasten to take advantage of various local and regional opportunities for expanding production and boosting incomes. Read more
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Africa
Finance | Macroeconomy
Africa to be hit by world crisis
African Future, 9 October - While economic growth projections for Africa in 2009 remain quite optimistic, the continent is set to feel a negative impact of the global financial crisis. Credits will be more difficult to obtain and development aid transfers are set to be reduced.
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Development | Finance | Macroeconomy | Tourism
African property boom drying up
afrol News, 9 October - Countries like Morocco, Egypt and Cape Verde have seen a property market boom over the last few years fuelling their national economy and stock markets. As a consequence of the global finance crisis, investments in these boom sectors are now quickly drying up and the outlook is bleak. Analyses regarding the tourism industry's future however vary.
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Zimbabwe
Disasters | Economy | Food Security | Nutrition | People | Poverty
Major food appeal for Zimbabwe flighted
afrol News, 9 October - World Food Programme (WFP) has today appealed for US$140 million to provide vital relief rations over next six months, to feed more than five million Zimbabweans facing severe food shortages. Without additional contributions, WFP warned it will run out of stocks in January - at the very peak of the crisis. Read more
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Senegal
Affairs | People | Trade
Senegal bans China milk
afrol News, 7 October - Senegal has become the latest African country to ban imports of Chinese milk, with officials describing the move as a "preventive measure to keep tainted products" from being used by citizens. Read more
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South Africa
Affairs | Affairs | Corruption | Crime | Law | People
Zuma back in court
afrol News, 6 October - The leader of South Africa's governing African National Congress (ANC) will return to the dock in a Durban High Court on 22 October to hear the National Prosecuting Authority's (NPA) appeal against an earlier ruling that Jacob Zuma was not entitled to representation before he had been charged. Read more
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World
Actionism | Events | Policy | Poverty
International financial institutions urged to consider poor nations
afrol News, 6 October - With spreading financial crisis likely to take centre stage at upcoming annual meetings of World Bank and IMF in Washington from 11 to 13 October, global trade union movement is urging international financial institutions (IFIs) not to overlook millions of low-income workers whose buying power has declined drastically because of food and fuel price hikes. Read more
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Africa | World
Corruption | Crime | Medicine | Poverty | Trade
Africa bound drugs seized in Belgium
afrol News, 3 October - Belgian custom officers at Brussels airport have seized more than million counterfeit drugs, which were destined for Africa. News about consignment said to have been discovered last week, were only made public yesterday. Read more
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Mauritania
Cooperation | Economy | Fisheries | Trade
EU to pay first Mauritanian fish deal
afrol News, 3 October - European Union (EU) authorities will soon be able to make a first payment to Mauritania's military rulers in a four-year fishing deal, ending one month of delay and risk of agreement's collapse, EU officials said this week. Read more
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Zimbabwe
Affairs | Economy | Food Security | Poverty | War & Peace
Zimbabwe needs urgent aid to avert worsened crisis
afrol News, 3 October - Humanitarian situation in Zimbabwe is deteriorating and will continue to worsen into next year, according to top United Nations humanitarian official, further calling for urgent aid to avert increased human suffering in southern African nation. Read more
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Kenya
Economy | Macroeconomy
IMF commends Kenyan economic reform
afrol News, 2 October - International Monetary Fund executive directors has commended Kenyan government for maintaining economic stability in wake of post-election turmoil in early 2008, and for its sound macroeconomic policies and progress with economic reform in recent years. Read more
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» 02.10.2008 - New resort opens at Anahita, Mauritius
» 01.10.2008 - Uganda develops cold feet over US financial crisis
» 01.10.2008 - Nigeria recovers unspent funds
» 01.10.2008 - Russian warships stop off in Libya
» 01.10.2008 - Tanzania ends power supply rationing
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