Central Bank of Kenya governor Njuguna Ndung’u. PHOTO/File (Reuters) – A Kenyan parliamentary committee has asked central bank governor Njuguna Ndung’u to step aside from his...
(Barbados Nation) – CLICO General Insurance will now be known as Sun General Insurance, after the company was purchased by Sandridge Limited. The new owner has...
The Foreign Account Tax Compliance ACT (FATCA) will be a major theme of the Institute of Chartered Accountants of the Caribbean’s (ICAC) 30th Anniversary Conference being...
Kenya Airways (KQ) is taxiing on the runway, readying itself for perhaps its most important take-off in the 13 years it has been privatized. In its...
(Barbados Nation) Barbados is on the verge of another financial downgrade. And Deputy Central Bank of Barbados Governor Harold Codrington says to avoid it the island...
African-American entrepreneurs. PHOTO/File Sears Holdings will Share the Word(TM) of empowerment through entrepreneurship in 2012. The Share the Word(TM) platform was created to promote and honor...
Foreign investments to African markets are expected to go up this year as the US finalizes plans to fund entrepreneurs. The US hopes to use the...
Michael Anderson, Chief Spice Creative and Founder of SpiceCrafters. PHOTO/Black Enterprise Michael Anderson, Chief Spice Creative an Founder of SpiceCrafters walked away from a regular 9...
Prime Minister of Saint Kitts and Nevis., Denzil Douglas (Reuters) – St. Kitts and Nevis’ economic citizenship programme was established in 1984, shortly after the country’s...
Zambia President Michael Sata. PHOTO/Reuters/Makson Wasamunu Six weeks after his election, President Michael Sata still seems unsure about what he is doing at State House. Few...
Nigerian billionaire Aliko Dangote.PHOTO/File Nigerian manufacturing group Dangote has opened a US$ 1 billion cement plant near the economic capital Lagos, one of the largest investments...
The Jamaican government is looking into mechanisms used by Petrojam for calculating the price of petroleum products. The Petrojam’s website showed that prices of E10 (87)...
Barbados-based and the Caribbean’s first Low Fares Airline REDJet is accusing Trinidad and Tobago’s Caribbean Airlines of deceptive advertising. Speaking to reporters in Port-of-Spain, Trinidad, Robbie...
Patricia E. Bath. PHOTO/Copyright Patricia E. Bath, M.D. Patricia Bath received a patent for her cataract laserphaco probe in 1988. Her device used an innovative method...
The Barbados Workers Union (BWU) has chosen a replacement for former deputy general secretary Robert ‘Bobby’ Morris and is also preparing for a crop of younger...
Landlocked South Sudan has signed a second oil pipeline deal in a bid to reduce its dependence on Sudan – amid a deepening oil crisis. The...
A meeting was held at the Hotel Montana, Petionville, on Wednesday to focus on setting environmental guidelines for the Northern Industrial Park nearing completion and set...
(Reuters) – Nakumatt Holdings, Kenya’s leading supermarket chain, expects to grow sales 20 percent in its 2012/13 year, helped by expansion into east Africa’s fast-growing middle-class...
Prior to 2011 foreclosures were a rarity in Jamaica according to the National Land Agency (NLA) but now the island has seen the rate shoot up...
Dee Daniels (pictured), 48, is a former print and broadcast journalist who in 2004 created a news publication, Noir Woman News, a monthly insert in the...
Ghana Off-shore oil and gas blocks. Source/Afren Policy makers have finally settled on a master plan and financing package that provide the framework for the exploitation...
(Jamaica Gleaner) Digicel Limited plans to raise J$ 21 billion (US$250 million) from a private placement of an eight-year bond. The proceeds will fund potential acquisitions,...
Spending cuts in Barbados are necessary as government revenues remain under pressure, but reductions which are too swift and deep could do significant damage to the...
(The Africa Report) – The biggest cement factory in Ethiopia, worth US$600 million was inaugurated on Sunday, at a time when the Horn of Africa country...
(The Gleaner) – International ratings agency Fitch has maintained Jamaica’s B- grade on its likelihood to honor local and foreign debts. However, Fitch is raising grave...
Nationalization is not an option for South Africa’s troubled mining industry, the country’s mining minister told an international audience Tuesday. A nationalization debate within mining minister...
Sam Jonah, Executive chairperson of Jonah Capital The Africanization of executives has started, English-speaking groups continue in their dominance, as more and more entrepreneurs from the...
Jamaica Oil exploration blocks The Petroleum Corporation of Jamaica (PCJ) has extended production sharing agreements held by a subsidiary of Sagres Energy Inc., on offshore blocks...
The World Bank‘s newly-appointed vice president for Latin America and the Caribbean, Hasan Tuluy, is to begin a two-day visit to Haiti on Wednesday, his first...
A new national railway master plan to connect Cameroon to Chad, the Central African Republic, DR Congo, Gabon, Equatorial Guinea, Nigeria and Angola as well as...
The rapid growth of Africa’s mobile telecommunications market over the past decade has had a huge impact on African consumers, on operators that do business on...
Daymond John, Founder and CEO FUBU As the founder, president and chief executive officer of FUBU apparel, Daymond John is no small fish when it comes...
Shareholder governments of the regional airline, Leeward Islands Air Transport (LIAT), said they had taken a number of “tough decisions” including cutting back on routes as...
The overall jobless rate fell for the fifth straight month to 8.3 percent after a surge of hiring. Monthly jobs report featuring mixed results are becoming...
Economies of the East African Community (EAC) member states grew by more than five per cent last year, making the region one of the fastest growing...
U.S. President Barack Obama. PHOTO/File President Barack Obama is to visit a state-of-the-art fire station in a Washington suburb on Friday. The president will speak about...
Two things which have impacted negatively on the Caribbean’s first and only Low Fares Airline REDjet are now being remedied. The first was a statement last...
Grammy Award-winner and philanthropist Ne-Yo, fashion designer Tracy Reese and Essence president Michelle Ebanks are joining Coca-Cola in a refreshing new Black History Month program urging...
Jamaica Prime Minister Portia Simpson-Miller. PHOTO/File The Simpson-Miller administration is expected to provide specifics, at the end of a two-day Cabinet retreat which begins today at...
As Black History month commences, we will continue to highlight black men, women and sometimes children who have stood out and made great contributions, better themselves...
Benny Lorenzo, CEO Kaufman Bros. LP. Kaufman Bros. LP, the minority-owned investment bank that helped unwind U.S. stakes in bailed-out financial companies, ceased operations as of...
(Reuters) – Botswana, the world’s biggest diamond producer, is projected to post a budget surplus in 2012, turning the corner on three years of deficits sparked...
The Obama administration is trying to fix a stubborn drag on the economy by allowing all homeowners to refinance their mortgages at lower interest rates even...
Maya Penn. PHOTO/Forbes An 11-year-old girl from the metro Atlanta area has turned her passion for making clothing into a successful online business. The pre-teen entrepreneur...
U.S. President Barack Obama. PHOTO/File (Reuters) – U.S. President Barack Obama sought on Tuesday to revive a plan to give small businesses tax breaks and help...
Less than two months after returning to Miami, Florida, Air Jamaica is pulling out of that gateway again. Today is the airline’s last day in that...
The Way-C Tablet. PHOTO/VMK Africa has its first tablet to rival the iPad and similar western inventions, which went on sale in the Republic of Congo,...
(from left) CEO of LIAT, Brian Challenger; Chairman of LIAT, Dr. Jean Holder; Prime Minister of St. Vincent and the Grenadines, Dr. Ralph Gonsalves; and Prime...
Olga Arara-Kimani, former Google-Kenya country manager. PHOTO/File Google country manager Olga Arara-Kimani has left the firm days after the Internet giant said it had taken action...
Dante Carver. PHOTO/Japan Today Dante Carver an New York native moved to Japan in 2005, and by 2008 had become the most popular male actor in...
Philippe K Doh. PHOTO/The Network Journal For Philippe K. Doh, Harlem was the place to start a new business. So in 2009 he launched Harlem Renaissance...
The leaders of Barbados, St Vincent and the Grenadines and Antigua and Barbuda – the three main shareholder governments of the Leeward Islands Air Transport (LIAT)...
(Reuters) – African countries can prepare for the impact of the euro-zone crisis that threatens to derail economic growth on the continent by improving trade between...
In Haiti, cash is escaping from wallets and savings accounts are breaking free from brick-and-mortar banks. Two years after 2010’s devastating earthquake, mobile money has taken...
Herman Chinery-Hesse. PHOTO/madamenoire.com Known by many as Africa’s “father of technology,” software pioneer Herman Chinery-Hesse has been spawning innovations for two decades, helping to break down...
A new study shows that social networking is growing on the African continent, especially in South Africa, where the country’s Twitter-active population posted around five million...
“Jamaica is not just viable, but it is an extremely attractive place for domestic companies to thrive and international companies to invest,” said Linehan at the...
The three main shareholder governments in Leeward Islands Air Transport (LIAT) – the airline that is vital to movement of tourists and locals alike in the...
Stephen L. Hightower. Photo/hightowerspetroleum.com Stephen L. Hightower is the founder and CEO of Hightowers Petroleum Co., Based in Franklin, Ohio, a petroleum products distribution company. Hightowers...
U.S. President Barack Obama. PHOTO/File President Barack Obama is announcing the sale of oil and gas drilling leases for nearly 38 million acres in the Gulf...
Black Founders an organization created in March 2011 has hosted nearly 20 events that range from small gatherings of 15 or so black hackers to larger...
Jamaica’s month-old government on Wednesday launched the first phase of an emergency jobs program that was the centerpiece of its winning election campaign. The government formed...
After numerous visits and meetings with administrators and regulators this past year, Solamon Energy Corporation today proudly announced its program to build the largest solar power...
Maggie Lena Walker. The First Woman in US history to charter a bank. PHOTO/Los Angeles Sentinel Whether freed or enslaved, African-Americans in U.S. history displayed an...
Jamaica and the International Monetary Fund (IMF) expect to begin negotiations in the coming weeks on a new deal as grim economic forecasts pose significant dangers...
(Reuters) – South Sudan has signed an agreement with Kenya to build a pipeline to connect its oil fields with the Kenyan port of Lamu, both...
The International Monetary Fund (IMF) has suggested that the government of Barbados should raise more money from tax in reviewing its medium-term fiscal strategy, aimed at...
(Reuters) – Global institutional investors plan to boost their asset allocation in African markets over the next five years, and are shifting to long-term investment strategies...
(Reuters) – Angola does not plan to request a new loan from the International Monetary Fund (IMF) after the end of its US$1.4 billion standby agreement...
The presenter asks us to shed outdated notions of Africa as a unified place plagued by starvation and war. Between mobile phone innovations like M-PESA, social...
Haiti President Michel Martelly Haiti’s president said Monday he hopes to double the number of rural households that receive electricity within two years by offering people...
Onna Ehrlich. PHOTO/BlackEnterprise Meet Onna Ehrlich the founder and CEO of Onna Ehrlich LLC. Ehrlich grew up in Nigeria, and in 2004, after graduating from the...
The iPad in use in an African class room. PHOTO/Courtesy tlt.its.psu.edu Two years after the launch of the iPad, the tablet has a considerable footprint among...
Uganda has introduced an electronic tax collection system that is set to cut evasion and help boost domestic revenue collection. The country’s revenue collection equivalent to...
Jamaica Prime Minister., Portia Simpson-Miller. PHOTO/File (Barbados Nation) – In a few days Prime Minister Portia Simpson-Miller says the government will create approximately 700 jobs when...
The social media craze is catching up with senior citizens in Kenya as more elderly people embrace the sites that have revolutionised human interaction across the...
Plans by South Sudan to build an alternative pipeline through Kenya are expected to acquire fresh urgency in coming weeks as Juba shops for a route...
African America chambers offer black entrepreneurs administrative, technical and financial support. When A. Bruce Crawley launched the African American Chamber of Commerce of Philadelphia in 1993...
(CMC) – Nearly two months after Captain Michael Blackburn resigned as Chairman of the Leeward Islands Airline Pilots Association (LIALPA), the association says it will meet...
U.S. President Barack Obama. PHOTO/File Vilified on the campaign trail by Republicans, President Barack Obama will stand before the nation Tuesday night with a State of...
Despite years of political paralysis, governments, transport authorities and developers across the continent are continuing to invest widely in road and rail infrastructure with a view...
Divine Ndhlukula, Founder and CEO of SECURICO proudly holds up the Africa Awards 2011 trophy Divine Ndhlukula, a Zimbabwean national, is the founder and Managing Director...
REDjet, the first and only Caribbean low-cost carrier, is aiming to pursue dramatic expansion in 2012 with up to eight new destinations. The ambitious and pioneering...
Rosalind Brewer. PHOTO/insidespelman.com Wal-Mart Stores Inc., the world’s biggest retailer, said Friday that it has named Rosalind Brewer as CEO of Sam’s Club — the first...
Ms. Funke Opeke CEO of Main One Cable. Stretching some 7,000 kilometers along the West African coastline, a submarine fiber-optic cable emerges off the coast of...
Jamaican Prime Minister Portia Simpson-Miller. PHOTO/Gilbert Bellamy/Reuters Jamaicans don’t have a lot to celebrate as they mark their golden anniversary of independence this year. Their unemployment...
Entrepreneur, John H Johnson., Founder of Ebony and Jet Magazines. PHOTO/File As a young black man graduating from the College of the Holy Cross 40 years...
The new Haitian government is placing strong emphasis on aligning its strengths with the needs of international investors. Haitian Minister of the Interior, Thierry Mayard-Paul recently...
Wonya Lucas is the president and CEO of TV One – an American television channel that targets African American adults with a wide range of programming....
IMF Head Christine Lagarde (l) with South Africa’s President Jacob Zuma. PHOTO/Reuters It was a hot summer day when Christine Lagarde, the head of the International...
The Central Bank of Barbados said government must strictly adhere to the targets of its Medium Term Fiscal Strategy to maintain the economic stability achieved in...
(Jamaica Observer) – LIME Jamaica yesterday strongly denied a news report that British parent company Cable & Wireless (C&W) PLC., has decided it will shut down...
President Barack Obama and the U.S. Congress are back where they were before Christmas, locked in an election-season tussle over a proposed 1,700-mile oil pipeline from...
Keith Boykin, editor of The Daily Voice online news site, a CNBC contributor, a BET TV host and a New York Times best-selling author of three...
U.S. President Barack Obama. PHOTO/File The growing anti-SOPA (Stop Online Piracy Act) support that has swept through the gaming and Internet community found a very big...
The World Bank is urging the Caribbean nations to start planning for a major slowdown in global growth this year. The Washington-based financial institution, in a...
(Reuters) – Nigeria’s economy lost out on an estimated 207.4 billion naira (US$ 1.28 billion) due to an eight day strike this month prompted by a...
Google has admitted people working for it ‘improperly’ accessed Kenyan rival Mocality’s database. Last week, Google was forced to admit that its Kenyan unit was “improperly”...
An uneasy calm returned to Nigeria’s cities Tuesday, a day after two Nigerian labor groups suspended their nationwide strike over the elimination of the country’s fuel...
Anthony Kiptoo Ng’eno Many things may be lacking in Africa but there are two which are abundant and free all over the continent – wind and...
(Reuters) – Niger will push ahead with a plan to develop civilian nuclear energy in partnership with other West African peers despite recent accidents including Fukushima,...
Plans to construct a pipeline to transport South Sudan’s oil through Uganda and Kenya in a bid to reduce over-reliance on Sudan’s infrastructure are at an...
The cash-strapped regional airline, Leeward Islands Air Transport (LIAT), is likely to get two more shareholders this year, the Prime Minister of St. Vincent and the...
(Reuters) – Tanzania’s economy expanded 6.4 percent in the third quarter of 2011 compared with 6.7 percent a year earlier, with growth was driven by the...
Nigeria’s President Goodluck Jonathan has announced an immediate drop in the cost of fuel, following a week of strikes after prices doubled. Jonathan said the price...
South Sudan has signed its first oil deals with a foreign countries since it won independence last July. The countries include China, India and Malaysia, officials...
Nigeria’s government will meet with labor unions in a last bid to halt a paralyzing national strike that now threatens oil production in Africa’s most populous...
(Jamaica Gleaner) – Former Prime Minister Andrew Holness has moved to clarify his controversial decision to change the terms of the merger between telecommunications entities Digicel...
A preliminary report by Guyana’s government says a Caribbean Airlines jet that crashed in July touched down too late and ran off the runway while landing...
Oprah Winfrey. PHOTO/File Oprah Winfrey makes no apologies for spending millions on an elite school for underprivileged South African girls. But she’s also looking for ways...
Digicel Jamaica has announced that it will shut down Claro’s cellular network on 1 March 2012, following the removal of conditions on its acquisition of the...
Nigeria’s trade unions say they are suspending protests for two days to allow more talks with the government. The announcement comes on the fifth day of...
Low-cost Caribbean airline REDjet denied recent reports that it planned to cut flights. An internal memo quoted by one regional paper claimed REDjet was experiencing financial...
A Chinese, Latin American, and North American student are sitting in a classroom. The teacher pulls out a map of Africa, and asks ‘tell me what...
Senegalese entrepreneur Magatte Wade is the creator of multi-million dollar U.S. company Adina World Beat Beverages, which makes drinks based on traditional recipes from around the...
Barbados Minister of Finance and Economic Affairs Christopher Sinckler. PHOTO/File Christopher Sinckler, the Barbados Minister of Finance and Economic Affairs, has assured Barbadians that the Four...
Traders in Kampala, Uganda on Wednesday started a- three day sit down strike protesting commercial banks’ refusal to lower interest rates on loans given to them....
Jamaica’s new government is restarting talks with the International Monetary Fund (IMF). A statement from the finance ministry said an IMF delegation will visit Jamaica starting...
President Barack Obama said Wednesday that he would propose tax incentives for companies to bring home manufacturing jobs they had moved overseas, and curtail tax breaks...
Swaziland, Lesotho and South Africa. Courtesy of World Sites Atlas (sitesatlas.com) (Bloomberg) –Transnet SOC Ltd., the South African state-owned port and rail-freight operator, and Swaziland Rail...
Meet Randall Olade (pictured), the CEO and co-founder of KOJAMI. Like any other company in this market, KOJAMI did not just develop overnight. Its growth was...
The billions of dollars in aid that flowed into Haiti after its shattering earthquake were meant to build a new nation with thriving farms, apparel factories,...
New data from the Statistical Institute of Jamaica (STATIN), indicates that Jamaica’s trade deficit continues to widen. The country continues to import more that it exports....
(Reuters) – Tanzania expects its punishing year-on-year inflation rate to fall to single digits by June this year from 19.2 percent in November, the east African...
U.S. President Barack Obama. PHOTO/File President Barack Obama will focus on American jobs Wednesday, while trying to keep his own. He and Vice President Joe Biden...
(Reuters) – Asia is importing record volumes of West African oil this year, rebuilding stocks after relatively low shipments in December, Reuters calculations based on industry...
There were further signs of financial trouble Tuesday at the Caribbean first low cost carrier REDjet, mere weeks after officials said it needed an US$8 million...
(Business Daily Africa) – Four in five new cell phone subscribers in Kenya are signing up for money transfer services, the latest industry data shows. The...
Pity those young African-American males growing up in single-parent homes in impoverished neighborhoods of high crime, gangs and failed schools. What chance do they have? No...
Construction of the US$4.7 billion railway line linking Rwanda, Burundi and Tanzania will begin in 2014, after the three governments finalize fund raising activities. Tanzania and...
Nigeria President., Goodluck Jonathan. PHOTO/File (Reuters) – President Goodluck Jonathan pleaded with Nigerians on Saturday to support the removal of fuel subsidies and pledged to cut...
(Jamaica Observer) – Digicel Jamaica says its acquisition of Claro in Jamaica will spur innovation and investment that will benefit consumers islandwide. The company in a...
(Reuters) – Zambia’s government has not made any decision to nationalize a 75 percent stake in fixed line operator Zamtel that is held by Libya’s LAP...
Prime Minister Garry Conille announced a series of projects towards education, employment and the environment for the year 2012. His government still faces the challenge of...
African Business Schools aim to help their students excel in management and business education in Africa. In fact, these business schools now play a very important...
REDjet, the Barbados-based low cost airline, is in the process of obtaining a license to include Suriname in its schedule. Winston Lackin, the Suriname Foreign Affairs...
The mobile money service allows a mobile phone user to send and receive, pay for services using the mobile phone. MTN Uganda, who pioneered the service...
A burst of hiring in December pushed the U.S. unemployment rate to its lowest level in nearly three years, giving the economy a boost at the...
Angela Benton. Founder and publisher of Black Web 2.0 When Chris Bennett moved to Silicon Valley from Miami in 2010 to jump-start his Web business, his...
Relief will soon be available to the tens of thousands of African American farmers who have still not received the funds due them through the Black...
Jamaica’s Fair Trade Commission (FTC) has filed a lawsuit with the High Court seeking to derail the planned merger of wireless operators Claro Jamaica, a subsidiary...
(Reuters) – MTN Group, Africa’s largest telecom, plans to spend more than US$1 billion this year on its Nigerian network, an official said on Thursday, as...
Meet Danita King (pictured), the Principal and Founder of PR Noir, one of the fastest growing boutique public relations firms in New York City. Hailing all...
(Reuters) – Zambia plans to start importing refined petroleum products from neighouring Angola to lower the cost of fuel, an industry official said on Wednesday. Energy...
A dated photo of the Merowe Dam – then underconstruction The multi-billion dollar Merowe Dam on the Nile River more than doubled Sudan’s electricity supply, but...
(Barbados Nation) – Barbados’ tourism industry could take a serious hit this year from two international events: the Olympic Games in London and the Presidential Elections...
Business people. PHOTO/Courtesy visualphotos.com In addition to resolutions, changes and new commitments, the New Year is also the best time to strike out on your own...
(Reuters) – Royal Dutch Shell Plc., said it is eyeing potential opportunities in South Sudan, which last July broke away from Khartoum, taking with it two-thirds...
Former Governor of the Central Bank Derick Latibeaudiere believes the new People’s National Party (PNP) administration should seek an extended fund facility instead of a new...
Protesters unhappy over spiraling gas prices set fires on an expressway Tuesday and at least one person was killed in the unrest after Nigeria’s government did...
East African Development Bank Headquarters in Kampala, Uganda Tanzania last week avoided further aggravating a damaging diplomatic and legal crisis after its Court of Appeal reversed...
Caribbean Community (CARICOM) Chairman, Desi Bouterse Caribbean Community (CARICOM) Chairman, Desi Bouterse, has called on the region to make 2012 a year of change. Bouterse, who...
By Abdirahman Takhal It has been argued that globalization in itself does not produce poverty and inequality. The main obstacles that entwined with globalization are the...
Nigeria is ending fuel subsidies, an official said Sunday, a move that is sure to be unpopular in the oil-rich nation where citizens have come to...
Ghana will host the 10th Africa Investment Forum from March 28 to 29, 2012, to address business and investment opportunities across the continent, with a particular...
An insurance policy is just a promise that the company who issued it will offer you help and indemnity in the event of a loss. However,...
With many people expecting 2012 to be an election year in Barbados, one economist is warning that the country cannot afford the increased spending that usually...
African expatriates network at an event. PHOTO/Courtesy CNN In a trend that may work adversely on remittances to India and the region, Gulf nations are now...
2012 promises to be an economically challenging year for the 15 countries of the Caribbean Community (CARICOM). According to the International Monetary Fund (IMF), only 3...
Fewer conflicts, democratic elections and economic growth are helping Africa progress. Benefiting from reforms and an ever improving environment, are African entrepreneurs who have struggled to...
Sheila Bridges. PHOTO/BlackAmericans.com Sheila Bridges is the founder and CEO of one of the most prominent interior design firms in the United States – Sheila Bridges...
(Reuters) – Ghana has cut fuel subsidies following an increase in crude oil prices and the depreciation of the Ghana cedi currency, the head of Ghana’s...
African Americans filling out applications. AP Photo/Paul Sancya According to the Bureau of Labor Statistics, the national unemployment rate in the United States is 8.6 percent....
(Reuters) – Sudan is in talks with China to see if the two countries can do business in Sudanese pounds and Chinese yuan, rather than U.S....
U.S. President Barack Obama. AP Photo/Mary Ann Chastain (Reuters) – President Barack Obama will nominate Harvard economist Jeremy Stein and Jerome Powell, an investment banker and...
The Caribbean travel industry is bracing for a fares war between State-owned, Trinidad and Tobago based Caribbean Airlines (CAL), new kid-on-the-block, Low Fares Airline, Barbados-based REDjet...
(Reuters) – Zambia’s new government will institute new guidelines for metals exports in the first quarter of 2012 that aim to enhance transparency in Africa’s largest...
(Reuters) – Royal Dutch Shell’s Nigerian oil spill, the largest in the African nation since 1998, highlights the different world responses to oil spills. Nigerian authorities...
Kwaku Kyei. PHOTO/Courtesy Modern Ghana A Ghanaian social entrepreneur Kwaku Kyei has been selected as a winner of the of 2011 United Nations Environment Programme (UNEP)...
Somali officials said Friday they are pleading with U.S. authorities to persuade banks to reconsider a decision to block money transfers from Minnesota’s Somali community to...
Grenada Prime Minister., Tillman Thomas. PHOTO/File The prime minister of Grenada says an agreement has been reached in a labor dispute that led to a strike...
(Reuters) – Botswana’s economy grew by 5.8 percent on a quarterly basis in the third quarter, quickening from a downwardly revised 3.6 percent in the second...
There is no chairman in the cockpit of the Leeward Islands Airline Pilots Association (LIALPA) which is in the height of an industrial dispute with regional...
For the first time since the terrorist attacks in the United States on September 11 2001, Leeward Islands Air Transport (LIAT) will be able to move...
Bank of America agreed to pay US$335 million to resolve allegations that its Countrywide unit engaged in a widespread pattern of discrimination against qualified African-American and...
Russia has launched an Africa business forum aimed at improving direct trade with the continent. Growing interest of Russian business in Africa has brought cooperation with...
Environmental Damage caused by past oil spill in Nigeria. PHOTO/File An oil leak has caused a production halt at a Shell facility off Nigeria capable of...
(Share News) – Caribbean destinations that rely heavily on tourism as their primary industry are missing out on a huge opportunity to attract wealth by not...
Jamaica’s minority stake in Caribbean Airlines (CAL), the new parent airline of Air Jamaica, may come with the risk of having to assume more debt, which...
Meet Sheri Riley (pictured), the Founder and Chief Partnership Strategist of GLUE, Inc. Ms. Riley has spent 20 years building profitable partnerships for products and personalities...
According to a new and innovative approach to estimating the future growth potential of countries, designed by professors at Harvard and Massachusetts Institute of Technology (MIT),...
(Reuters) – Ethiopia signed an agreement with a Chinese state-run firm to build the final section of a railway line that will link its capital Addis...
Katrina Kelly (left) and Shari Griffith (Right).PHOTO/Courtesy Madame Noire In 2001, Shari Griffith and Katrina Kelly were seniors in high school when Kelly suggested that they...
Press Release: Ministry of the Interior of Haiti (PRNewswire) – Haiti continues to send clear messages that the country is open, wide open, for business. Speaking...
(Reuters) – Pan African bank Ecobank Transnational Inc., said on Thursday it had acquired 100 percent of Ghana’s Trust Bank Ltd in a US$135 million deal...
Recently released data that reports black buying power has increased from US$957.3 billion in 2010 to an expected US$1.1 trillion by 2015. Although this data from...
African American small business owner. PHOTO/File Although most African-American business owners said their businesses were negatively impacted within the past 12 to 24 months, they still...
Small businesses can launch or resume commercial activities with Cote d’Ivoire (Ivory Coast), Guinea and Niger now that President Obama has restored trade preferences and other...
Caribbean Airlines (CAL) is aiming to become the first regional national carrier to not need subsidised support from its main government shareholder. This was revealed recently...
The International Monetary Fund (IMF) looks set to bend its rules this month to accommodate Ghana’s rush to raise a US$700 million loan from China to...
(Caribbean360) – A new high school incubator programme launched recently by the lead investment promotion agency in Jamaica is hoping to encourage students to come up...
Stuck with a bleak future, Antoinette Furaha invested the only 2,200 Uganda shillings (US$ 0.92) she had. She has never looked back. Antoinette Furaha is the...
Oprah Winfrey speaks to the press in Port-au-Prince, Haiti, Tuesday Dec. 13, 2011. PHOTO/AP / Dieu Nalio Chery Oprah Winfrey’s trip to Haiti included dinner with...
(Reuters) – South Sudan makes its debut for western oil companies, aid organizations and agribusiness this week at a U.S.-backed conference aimed at setting Africa’s newest...
(CMC) – The main opposition Antigua Labor Party (ALP) says it will oppose any move to dissolve the regional airline and restart it under a new...
Windfarm in Kenya A financing deal for Kenya’s largest wind power farm will be concluded in the first quarter of 2012, its sponsors said, setting East...
The staff of Crutchfield Dermatology is honored to recognize Charles E. Crutchfield III, M.D. (pictured), as one of the 2011 Honorees for the 5th Anniversary Issue...
(Reuters) – Nigerian President Goodluck Jonathan presented a 4.749 trillion naira (US$ 30 billion) budget to the national assembly on Tuesday, in what he said would...
At the beginning of every month, Ms Safia Ibrahim anxiously waits for a call that will offer her a lifeline. Once it comes, she walks to...
(Barbados Nation) – Stranded Leeward Islands Air Transport (LIAT) passengers got some relief yesterday when previously grounded aircraft took to the skies; and management expects normal...