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...
Her US$3 billion fortune makes Oprah Winfrey (pictured above), the wealthiest black person in America, a position she has held for years. But she is no...
As business opportunities in post-earthquake Haiti yield enthusiasm and opportunity, the government commits to passing law to make country more business friendly. The Haitian government plans...
Jamaica Prime Minister., Andrew Holness (Jamaica Observer) – The Press Association of Jamaica (PAJ) has written to Prime Minister Andrew Holness, regarding comments he made about...
Royal Dutch Shell PLC and Italian oil firm Eni SpA say they have purchased rights to an offshore oil field near Nigeria’s coast that could hold...
Meet Ralph E. Brown (pictured), the founder and CEO of Trillion Communications Corporation (TCC) based in Bessemer, Alabama. Prior to starting TCC, Brown spent more than...
(Barbados Nation) – After two days of sickout action, Leeward Islands Air Transport (LIAT) pilots were expected back in the cockpit today, but have served notice...
Regional airline – the Leeward Islands Air Transport‘s (LIAT) pilots all called in sick yesterday, disrupting the carrier’s flights across the Caribbean. “As a result of...
Africa’s growing middle class has boosted demand for consumer goods. Though rarely mentioned in the western media, an emerging middle class in Africa, is driving economic...
Thousands of regional travelers could be left stranded due to an apparent sick-out by pilots at regional carrier Leeward Islands Air Transport (LIAT). The action comes...
When thinking of African economies the time has come to think of tech innovation. Africa is making great technological strides, not only keeping up with the...
Jarret Pumphrey. PHOTO/ClearCorrect LLC Jarrett Pumphrey, CEO ClearCorrect LLC Jarrett Pumphrey, grew up in Houston Texas, where his father managed a successful practice. Pumphrey channeled his...
(Reuters) – Kenya’s economy is expected to grow by between 4.5 to 5.0 percent this year, higher than the 4.0 percent the government previously estimated, the...
Barbados has given REDjet the green light to fly to St Lucia in time for the Christmas season, as Caribbean Airlines (CAL) complains that its St...
Haile Gebrselassie crossing the finish line at the Berlin Marathon in Sept. 2008.PHOTO/Wolfgang Kumm/European Pressphoto Agency Haile Gebrselassie sets the pace on the track and in...
Earvin “Magic” Johnson Magic Johnson announced Friday that he had joined forces with Guggenheim Baseball Management, an arm of a financial services firm that controls more...
CMC – Transparency International’s 2011 Corruption Perceptions Index (CPI) on Thursday ranked Barbados as the least corrupt country in the region. A report released by the...
The U.S. unemployment rate fell last month to its lowest level in more than two and a half years as employers stepped up hiring in response...
(Reuters) – Investors should forget China and park their money in sub-Saharan Africa if they wish to benefit from the growth in emerging markets, the chief...
The World Bank will spend US$255 million to help house Haitians, clean up neighborhoods and send thousands of children to school over the next year under...
Indian mobile firm Bharti Airtel Wednesday said its subscribers in Africa, where it acquired business in 15 countries in a US$9 billion deal in June last...
The nation’s first free broadcast network targeting African-American audiences arrived in the nation’s fourth-largest media market on Thursday. Atlanta-based Bounce TV is an over-the-air free channel...
Digicel Group Limited has announced the completion of its acquisition of América Móvil’s (Claro’s parent company), business in Jamaica and the sale of its business in...
A Nigerian oil company says it paid US$147.5 million for a stake in an onshore oil field once owned by Royal Dutch Shell PLC, Eni SpA...
100 Black Men of America and University of Phoenix have announced a collaboration that will enhance the delivery of mentoring services for members of traditionally underserved...
Angola’s parliament Tuesday approved a law forcing oil companies to use local banks for all their transactions, the country’s official news agency Angola Press said. Angola...
A Jamaican anti-corruption agency opened a probe Tuesday into a troubled government office that is already undergoing an independent review of its alleged mismanagement of a...
Over the last decade the hotel industry has made small but significant steps. In 2001 there was only one branded hotel owned by an African-American. Today...
(Reuters) – Some European banks are now refusing to lend to firms trading with Africa, threatening growth on the African continent, a senior official of the...
Haiti, where new economic activity is critical in the midst of the tremendous efforts to rebuild in the aftermath of the devastating earthquake in 2010, Marriott...
The recession and continuing economic downturn have been devastating to the American middle class as a whole, the two and a half years since the declared...
(Antigua Observer) – Low cost carrier REDjet is exploring options for a new base as it put the Barbados government on notice that it would pull...
Marvin E. Mizell Marvin E. Mizell was elected President-Elect of the 10,000 member San Diego County Bar Association (SDCBA) in November 2010 after serving on the...
Niger officially became an oil producer Monday with the opening of a refinery run by the state and a Chinese company. Niger’s President Mahamadou Issoufou and...
U.S. President.,Barack Obama President Barack Obama said Monday the United States stands ready to do its part to help Europe with its deepening debt crisis, even...
Rey Flemings (pictured), is the CEO and co-founder of Stipple Inc. Stipple was designed to solve the problem of making images “explorable.” Stipple is a free...
While the west experiences economic difficulty, Africa contiues to look east – towards China. The west has every reason to be worried – about it’s declining...
Jamaica is seeking to narrow her trade deficit with Japan while exporting more goods and services to the Asian marketplace. Jamaica’s trade deficit with Japan currently...
(Barbados Nation) – REDjet is at the crossroads in its operations. It needs an Bds$8 million (US$ 4 million) injection now to allow it to keep...
U.S.President Barack Obama shares a light moment with his daughters. President Barack Obama has pitched in to help small businesses get into the holiday shopping season....
Two units of France’s Total have appealed a Djibouti court sentence to pay 204 million euros (US$ 317 million) in damages and fines in a pollution...
(Barbados Nation) – Digicel Barbados has appealed to Government to approve its application for a fixed line service in order to level the telecommunications playing field....
(Reuters) – East African heads of state admitted South Sudan as a member the regional bloc Inter-Governmental Authority on Development (IGAD) on Friday, some four months...
The old pessimistic paradigm of Africa’s development is outdated, but some valid elements cannot be dismissed if economic growth is to be pursued on the continent,...
Jamaica Money Market Brokers (JMMB) has reported net profit of J$1.3 billion (US$ 15 million) for the first six months of its financial year up to...
(Reuters) – Zimbabwe’s economy is likely to continue its strong recovery next year from a decade of decline, posting GDP growth of 9.4 percent compared with...
Ghana’s Immigration Service (GIS) has ordered the arrest of 24 Chinese nationals for allegedly engaging in illegal mining activities, locally called ‘gallamsey’. The arrests came just...
The Leeward Islands Air Transport Pilots’ Association (LIALPA) has warned the management of LIAT and the traveling public of industrial action if the demand for the...
(Barbados Nation) – The Caribbean Broadcasting Corporation (CBC) will not be privatized and will remain a state-owned radio and television station despite its debt-ridden state, Prime...
Jamaica Prime Minister Andrew Holness (pictured), has urged members of the Jamaican diaspora to invest in more tangible and long term ways in their homeland rather...
Resurrecting tourism in a country best known for poverty, political instability and a devastating earthquake might seem an overly optimistic ambition. But bringing back Haiti’s once-thriving...
Kenyan Sam Agutu and Nigerian Aminu Gamawa come from different countries and backgrounds, they share a common passionate commitment – to save the lives of women...
(Barbados Nation) – Barbados was given a new warning yesterday to get its economic house in order or be faced with a downgrade by Standard & Poor’s....
Susan Githuku Susan Githuku is the Founder and CEO of Human Performance Dynamics – Africa, an Organizational Development and Human Resources consulting firm based in Nairobi,...
The cost of sending remittances to and within Africa could come down thanks to a new online database that will compare costs among money transfer service...
Radio One has partnered with Songza to launch Blackplanet Radio, the digital industry’s first social radio website targeted towards African Americans. “Blackplanet Radio makes creating music...
China has recently surpassed the United States as sub-Saharan Africa’s largest trading partner. China is busy building railways and roads in Angola, Nigeria and Kenya, revving...
Gunmen stormed a ship supplying a Chevron Corp. offshore oil field, kidnapping three workers in an attack raising concerns over a possible unraveling amnesty deal in...
Jamaican Prime Minister Andrew Holness (pictured), said his government’s strategy is to emphasize public- private ventures to drive the US$13 billion economy’s expansion and “not to...
(Reuters) – Brazil is launching a top-level drive to expand its economic ties with Africa, a sign of how crises in the rich world are pushing...
Barbados is looking to reduce its oil import bill by 30 percent over the next two decades, and in the process, have cumulative savings of $US...
The vision of Barbados as a 24-hour work hub has moved closer to reality as the Barbados Entrepreneurship Foundation (BEF) reports that almost 60% of the...
Nigerian airport officials have fined British Airways (BA) US$135 million and Virgin Atlantic (VAA) US$100 million amid a dispute over ticket prices, the country’s civil aviation...
The government of Ghana intends to pull country out of the International Monetary Fund (IMF) in a final bid to end moves by the agency to...
When Joel Mwale (pictured), was hospitalized with dysentery, his doctors advised him to focus his energies on making a full recovery. The Kenyan student had caught...
Prime Minister Freundel Stuart (pictured), has hailed Andrew Bynoe as a major success story and said such champion entrepreneurs have exploded the myth that black businesses do...
The government of oil-rich Equatorial Guinea says they have discovered more oil offshore and have seen the first production from another offshore block. Monday’s press release...
Entrepreneurs: Miko and Titi Branch PHOTO: The Atlanta Post As America’s jobs crisis, brought about by the Great Recession, drags into a fourth year, there is...
Uganda President Yoweri Museveni has indicated to parliament he is not likely to delay approval of Tullow Oil‘s long proposed partnership with Total and the China...
Caribbean Airlines would soon begin replacing its aircraft fleet as it moves to add passenger capacity and develop new routes. The airline has received the first...
Recent figures by Opera Software company, show that Nigerians are first in Africa and fifth largest users of Opera Mini browsers in the world. With this...
Brian Wynter: Governor of the Bank of Jamaica. PHOTO/The Gleaner The ongoing speculation about the date of the next general election could add to the uncertainties...
Zambia’s new government unveiled an expansive 2012 budget on Friday, with big increases in social spending and farming subsidies to be paid for by a rise...
A proposed set of reforms could provide the Bank of Jamaica (BoJ), with more powers with respect to institutional responsibility for financial stability in Jamaica. The...
Africa’s largest and most diverse leadership gathering, the Vodafone African Business Leaders Forum (ABLF), kicks off at the Accra International Conference Centre, Ghana on Thursday. This...
A first-of-its-kind data centre, a new manufacturing plant, and a bulk-ore transhipment facility are some of the projects set to bring close to a billion dollars...
Amnesty International has called on Shell to pay US$1 billion to start cleaning up two oil spills in Nigeria’s Niger Delta which it says caused huge...
Determined to make La Rosa Couture Inc. synonymous with leadership in the region’s garment manufacturing industry, Barbadian entrepreneur Rozana Moseley (pictured), is living her dream and...
Leeward Islands Air Transport‘s (LIAT) CEO Brian Challenger (pictured – inset), has rejected and allegations made by representatives of the unions – the Leeward Island Airline...
Africa is the world’s fastest growing telecoms market and mobile phones have transformed the lives of Africans everywhere.Now a host of new mobile phone applications, developed...
(Jamaica Observer) – The Bank of Jamaica (BoJ) has reported that Jamaica’s Net International Reserves (NIR) is in excess of US$2 billion as at the end...
The latest Ease of Doing Business Index found the vast majority of sub-Saharan countries have improved their business environments in the past year, and six made...
The mile-long stretch of bars and restaurants known as St. James has long been a magnet for all-night revelry, a blur of dancing bodies and blaring...
(Reuters) – Botswana President Ian Khama said on Monday the southern African country’s economy was expected to slow to 5.7 percent this year from 7.2 percent...
African American Family in front of their home. PHOTO: Black Voices The Black community has always faced a unique set of housing-related concerns and the National...
Tre Baker (left) and Lawrence Watkins co-founders of Ujaama Deals PHOTO: Courtesy of 100 Urban Entrepreneurs Meet Tre Baker and Lawrence Watkins, the co-founders of Ujamaa...
David Adjaye (pictured), is one of the world’s most highly acclaimed and sought after architects. He was born in Dar-Es-Salaam, Tanzania, to Ghanaian parents. Africa has...
(TheWrap.com) – Bounce TV, the new broadcast network aimed at African-Americans, will air on Fox-owned MyNetworkTV sub channels, including stations in New York and Los Angeles,...
Once marred by conflict, Mozambique is slowly emerging as a popular tourist destination as people are drawn in by the tropical weather, beautiful beaches and rich...
Kenya airways registered a net profit of Ksh. 2.03 billion (US$ 20 million) for the year ending September 30. This is an increase from Ksh. 1.44...
The Bermuda Supreme Court, late last week, ordered Jamaica based telecommunications company, Digicel to cease providing Bermudeans access to its internet-based long-distance service. This is as...
International credit rating agency Standard and Poors (S&P) has lowered the crediting rating of The Bahamas. This is the second time in two years. The Bahamas’...
Africa’s biggest producer of building material, Dangote Cement Plc., has registered a 23 percent increase in nine-month pre-tax profit as cement sales rose. Income in the...
The Bank of Jamaica (BoJ) has reported an increase of cash remittances sent to Jamaica by Jamaicans abroad of 7.3 percent. Net remittances went up from...
Haitian based Gilbert Bigio (GB) Group, has finalized a deal to acquire the fuels marketing and aviation businesses of Chevron in Jamaica, which trades under its...
(Reuters) – Africa’s newest country South Sudan is looking for foreign investors to help build a refinery, a government official said on Wednesday. “We are keen...
(Reuters) – South Africa’s Allied Technologies Ltd., is in talks to pay up to US$60 million for unlisted Kenyan IT firm Symphony, according to a person...
The Kiira EV model developed by Makerere University Students. PHOTO/FAISWAL KASIRYE /DAILY MONITOR Uganda’s Makerere University has today released a new electric vehicle – named the...
(Barbados Nation) – Lawyers for CLICO Holdings (Barbados) Limited are making a last-ditch effort to ensure that company executives are not hauled before the court. They...
Kenyan Pilot, Captain Irene Mutungi Africa is now the second fastest growing region in the world in terms of commercial aviation, behind China – according to...
Cash strapped Leeward Islands Air Transport (LIAT) has scheduled a meeting for Friday with all the unions within its system to discuss plans to reduce costs....
The Jamaica Manufacturer’s Association (JMA) and the opposition People’s National Party (PNP) are in the process of setting up discussions regarding the viability of the PNP’s...
(Reuters) – Central Africa’s six-nation Economic Community of Central African States (CEMAC) economic bloc will see economic growth of about 4.8 percent this year, the regional...
U.S. regulators have fined Caribbean Airlines for allegedly wrongly limiting compensation that passengers received after their baggage was delayed, lost or damaged. The U.S. Transportation Department...
A Kenyan pharmaceutical company has won World Health Organization (WHO) certification for one of its drugs, opening the door to lucrative tenders floated by the Global...
(Barbados Nation)- A total of 85,000 work permits were issued by Caribbean Community (CARICOM) member states between 2000 and June 2010. 75 percent of these work...
In the past few days there has been a controversial debate over race and the Silicon Valley. The fact of the matter is, there exist a...
Fred Swaniker is a Ghanaian entrepreneur who hopes to instill a new generation with the skills to navigate Africa towards prosperity in future years. The African...
The Jamaican Embassy in Washington and the Jamaica Promotions Corporation (JAMPRO) are in the stages of setting up a series of events and meetings to engage...
Hackers have hit the website of Nigeria’s top anti-corruption agency over a government official suggesting tighter Internet control in Africa’s most populous nation. A group of...
East African Rift Valley – Source: Tullow Oil Africa’s new scramble for oil is heading east, where the potential could be huge but the risks are...
African American Farmer A federal judge has given final approval to a US$1.2 billion government settlement with black farmers who claim they were unfairly denied loans...
(Xinhua) — Botswana’s enterprises association said on Wednesday transparency and democratic values of the country has lured black Americans to scout for business opportunities in the...
Nigerian regulators have threatened to fine and stop three telecommunications companies from signing up new cellular phone subscribers over complaints about poor service in a nation...
Mavis Bank Coffee Factory Mavis Bank Coffee Factory Limited., has been acquired by the Pan Jamaican Investment Trust (PanJam) and the Jamaica Producers Group. The acquisition...
(Reuters) – Haiti is wooing Asian manufacturers, and its own diaspora, to inject investments and funds into the economy and create jobs to drive a recovery...
Africa is posting an average growth of 6 percent per year. This growth is also reflected in the growing middle class. There is a new gold...
Kenya Petroleum Refineries Limited (KPRL), has implemented a new technological solution to reduce risk and control costs. The solution, based on IBM Maximo asset management software,...
Africa is experiencing an unprecedented influx of private equity (PE). According to statistics available from the Emerging Markets Private Equity Association (EMPEA), PE investments in Africa...
Wilfred Emmanuel-Jones Portrait by Harry Borden Wilfred Emanuel-Jones is Britains’ first black farmer. He plans to come to the United States so as to further expand...
(Reuters) – Angola’s government is aiming for a balanced budget in 2012, after an expected surplus this year, as it plans to step up spending on...
Carver Bancorp CEO Deborah Wright Largest black-run bank in U.S., overwhelmed by soured real estate loans, gets a US$55 million cash rescue from Citigroup, Goldman, Morgan...
Meet Naima Woodson (pictured). Woodson, is a certified children’s fitness and nutrition consultant, and has worked as an independent trainer and nutritionist. Ms. Woodson, is the...
(Reuters) – Bharti Airtel, India’s top mobile phone carrier, said on Tuesday it has launched high-speed third-generation network services in Congo, becoming the first carrier to...
Barack Obama, faced with 14 million unemployed workers and a jobless rate that won’t budge, is tackling the U.S. economic crisis by focusing on where it...
(Reuters) – The International Monetary Fund (IMF) hailed the medium-term outlook for Ghana’s oil-fueled economy as positive on Monday, but warned it would have to rein...
Tanzania is about to have its own first ever copper smelter following an agreement between Kigoma Regional administration and a Dubai-based firm, City Energy & Infrastructure...
Stanley Burrell also known as MC-Hammer (pictured), is in the process of rolling out a search engine he hopes will outperform Google, Bing and other established...
Environmental damage in Nigeria A village in Nigeria’s oil-rich southern delta has sued Royal Dutch Shell PLC in a U.S. federal court for US$1 billion over...
The CEO of REDjet, Ian Burns has re-iterated that the REDjet is a low fare airline and that it will not be abandoning its low fares...
Mozambique’s economy was likely to grow by 7.5 percent in 2012 from an estimated 7.2 percent growth in 2011 but core inflation, although the Consumer Price...
The new government in Zambia, Africa’s biggest copper producer, said on Thursday it had suspended the renewal and issue of new mining licences and would undertake...
(Caribbean360) The port of Bridgetown in Barbados has been recognized as being the safest in the Caribbean. This is as a result of the high level...
The International Monetary Fund said it was still positive about the growth outlook for Sub-Saharan Africa as economies expand output in areas like mining but warned...
Cooling Towers, Soweto, South Africa South Africa has signed a work plan with the International Energy Agency (IEA) that will see the country step closer to...
Businesses in East Africa have continued to thrive and grow despite a global downward economic trend, a report by a UK based research organization indicates. The...
(Barbados Nation) A two-year wage freeze in the Public Service and immediate cuts in Government spending form part of a new International Monetary Fund (IMF) prescription...
The CEO of Zenith Bank (Ghana) Limited., Daniel Asiedu, has urged investors (both local and foreign) to consider investing their funds in Africa. Speaking in an...
Leeward Islands Air Transport (LIAT) management remains hopeful that it will be able to break even this year. The company’s major share holders, have revealed that...
The governments of caribbean nations need to act decisively to reduce on the high public debt (which amounts to 9 percent of GDP) and to deal...
The Bahamas and Cuban governments on Oct. 3 signed an agreement delimiting the two nations’ maritime borders after nearly 40 years of negotiations. The move cleared...
Telkom South Africa Ltd., Africa’s biggest fixed-line phone company, said Korea Telecom (KT) Corp., South Korea’s largest phone and Internet operator, may acquire a 20 percent...
The government of Barbados is in the process reviewing legislation that would effect a renewable energy policy as part of efforts to slash the country’s electricity...
High speed train, similar to those expected to be launched in Kenya soon. Kenya has invited investors to provide rolling stock such as trains and high...
The International Monetary Fund (IMF) resident representative in Kingston, Dr. Gene Leon has revealed that Jamaica is not moving quickly enough to effect necessary reforms under...
(Reuters) – Tanzania has secured a loan from China to build a US$684 million gas-fired power plant in the south of the country to plug energy...
As congress scrutinizes President Obama’s US$447 million jobs plan, RLJ Companies CEO Robert Johnson (pictured), is pushing a proposal that he says marshals the capacity of...
The government of Antigua and Barbuda has indicated that it will introduce new competitors to the telecommunications market if the country’s four established telecommunications companies (telcos)...
A diverse group of young emerging leaders from all across Africa and the diaspora has come together to promote a unified vision for the continent and...
Kenya, Uganda and Nigeria bucked a global trend by raising interest rates to record levels in the past week as they struggle to protect their currencies...
The Trinidad and Tobago government plans to spend billions of dollars on new energy projects in an effort to boost the Caribbean nation’s economy. Finance Minister...
Map of the Democratic Republic of Congo (Reuters) – Few in the Democratic Republic of Congo’s (DRC) Katanga copper belt are happy with local provincial governor...
The African-American population is, today, the largest racial minority group in America, with a population of close to 43 million. This market segment’s growth rate continues...
The U.S. Census Bureau has reported that 46.2 million Americans were now living in poverty. Unfortunately, African Americans are worst hit. The black unemployment rate of...
Oprah Winfrey (pictured), partnering with Discovery Communications are gearing up for a relaunch. Discovery Communications will spend US$15 million on an ad push, 50 percent more...
The speaker of Uganda’s parliament has recalled the national assembly from recess for an emergency session to debate the tax disagreement between the government and London-listed...
U.S. employers added 103,000 jobs in September, a modest burst of hiring after a sluggish summer. Still, job growth remains too weak to lower the unemployment...
Tourism Minister Edmund Bartlett revealed Wednesday that Jamaica is expecting 1.2 million visitors from North America alone this winter season. Bartlett made this disclosure as he...
Ntsiki Biyela, a winemaker, in Stellenbosch, South Africa. – Photo by: Robin Hammond New York Times News Service A new class of wine makers is emerging...
(Reuters) – Nigerian cement manufacturer Dangote will spend US$ 4 million to build a cement plant in Congo Republic, the latest in a string of projects...
Three years after a major oil spill in the Niger Delta, Shell still has not yet cleaned up its mess. The company finally admitted legal liability...
Black South Africans own at least 17 percent of the 100 top companies listed on the Johannesburg Stock Exchange (JSE), according to an initial study, the...
Oprah Winfrey (pictured) is the highest-earning woman in entertainment, according to Forbes magazine. Winfrey, earned US$290 million between May 2010 to May 2011. The businesswoman and...
Kenya expects a planned liquefied natural gas terminal to cost US$500 million and take 3-5 years to build once it floats a tender in February 2012...
South Africa and Zambia have approved the US$1.1 billion bid by China’s Jinchuan Group for copper and cobalt producer Metorex, bringing closer prospects for the deal...
The US-based Emera Inc. Tuesday announced that its wholly-owned subsidiary Emera Caribbean Limited has agreed to sell its 19.1 percent interest in the St. Lucia Electricity...
Barbados-based low budget airline REDjet will fly the Grenada skies from December, according to the Grenada Tourism and Civil Aviation Minister Peter David. The local air...
Royal Dutch Shell has been accused of funding armed gangs in Nigeria, this is said to have fuelled human rights abuses in the country. The oil...
Landline, Internet, Mobile, Entertainment (LIME) which delivers Internet and mobile services in 14 Caribbean countries, will enter the video market initially in Jamaica and Barbados by...
The Assets Management Corporation of Nigeria (AMCON) has set aside an additional US$ 5 billion to recapitalize the five rescued banks. The injection of the capital...
Tanzania and China have signed a US$1 billion loan agreement to build a major natural gas pipeline in the east African country, a Tanzanian newspaper quoted...
New Zambian President Michael Sata fired his respected central bank governor Caleb Fundanga on Thursday and his new mines minister floated plans to boost tax receipts...
In a nation run by mobile phones, Nigeria now faces a looming deadline for subscribers to register their lines in a government effort to know who’s...
Major road expansion works underway in Kenya. – East African (The East African) — Regional leaders are seeking to raise at least US$3 billion for a...
Jamaica’s Finance Minister Audley Shaw said Greece should follow the example of the Caribbean nation and restructure the national debt as a first step toward solving...
Kenya Airways and Eritrean Airlines are set for a major turf war as both national carriers finalize plans to launch new routes between Asmara and Nairobi....
Barbados based budget carrier, REDjet are on track to start a Jamaican Airline. This was revealed by the Chief Executive Officer, Ian Burns who indicated that...
Africa is starting to appear on the radar screens of western retailers as they look for the next growth opportunity in emerging markets while having to...
In the crowded slums of Lagos, Nigeria, untreated sewage mingles with the chaotic network of pipes that deliver water to the city. Those who can’t afford...
Michael Sata sworn in as Zambia’s President – REUTERS/Makson Wasamunu Michael Sata, Zambia’s new president, told Chinese companies on Monday that they were welcome to invest...
Ivory Coast, the world’s top cocoa producer, expects to raise its output this year to the point that it could account for half of the world’s...
The service will operate between Trinidad and Tobago and the Eastern Caribbean.
Michael Jordan (pictured), no longer plays competitive basketball. His annual earnings are greater than any other sports figure apart from Tiger Woods – who in spite...
Tanzania and China have signed a US$3 billion deal to develop coal and iron ore projects in the southern part of the country in what is...
African-Americans’ buying power is expected to reach US$1.1 trillion by 2015, according to The State of the African-American Consumer Report, released today, despite an economy represented...
The Bahamas is reaping the benefits of a push by one US-based clean energy company to prove that the ocean can meet all of a country’s...
Ghana’s economy has grown by 33.5 percent in the year to the second quarter of 2011, as a result of oil output, the country’s statistics office...
WESTERN BUREAU: Jamaica's uptick in cruise-ship visitors has kept the country's tourist arrivals afloat, with a 13.6 per cent increase in the first eight months of...
Minister of Tourism Edmund Bartlett (right) welcomes China Vice-Premier Hui Liangyu (left) to Jamaica on his arrival – Photo by Barrington Flemming China’s vice premier and...
Landline telephone subscribers in Barbados will pay more for the service from next month. LIME, the country’s only full service provider, announced there would be an...