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African Business Leaders Want More US Investments

African business leaders say the United States can do more to encourage investment on the continent. The Obama administration agrees. U.S. Secretary of State Hillary Clinton is expected to close a meeting in Zambia on U.S. trade preferences.The African Growth and Opportunity Act has been the cornerstone of U.S. investment on the continent for more...

World Bank, IMF Fault Ethiopia's Economic & Development Policies

International financial institutions are urging Ethiopia to shift its emphasis away from central economic planning and adopt more market-oriented policies. Two departing senior economists are pointing to the need for a change of course to revive Ethiopia’s battered private sector and spur much-needed investment.In separate interviews this week,...

African Business Leaders Eye Expanded Exports Under US Trade

African business leaders are meeting in Zambia for talks on how they can take better advantage of U.S. trade preferences. The Obama administration wants Congress to extend those duty-free imports.In the 10 years of trade preferences under the African Growth and Opportunity Act [AGOA], exports to the United States have grown from $23 billion to $64...

UN Force Launches Offensive against DRC Armed Groups

The spokesman for the United Nations Stabilization Mission in the Democratic Republic of Congo [MONUSCO] says his group has launched a 10-day military offensive against armed groups in Rutshuru. The military action, nicknamed “Operation Restore Hope,” is aimed at preventing future violence in the Rutshuru district of the restive North Kivu...

World Bank: Developing Country Growth Outpacing Rich Nations

The World Bank has released its annual forecast on the global economy.  While it predicts growth in the coming years, the forecast varies sharply between rich and developing countries. The forecast for developing countries actually is better than that for developed nations. But the report says developing nations should “shift from crisis-fighting...

Clinton Prepares For Economic Oriented Africa Tour

Enhancing trade, development and regional security will be key priorities for U.S. Secretary of State Hillary Clinton on an Africa tour later this week. After a stop in the United Arab Emirates to discuss Libya, Secretary Clinton will start the Africa portion of her trip with a scheduled visit to Zambia's capital Lusaka Friday. There, she will...

AU Announces Progress Against Somali Militants in Mogadishu

The African Union says it is making progress against militants for control of Somalia's capital. Officials said Saturday African Union and pro-government troops had recaptured strategic districts in Mogadishu from al-Shabab insurgents. Al-Shabab is trying to overthrow the United Nations-backed government and set up a strict Islamic state.  The al-...

Albertina Sisulu, Much Loved Veteran of Anti-Apartheid Struggle Dies at 92

Albertina Sisulu, anti-apartheid struggle icon, has died suddenly at her home in Johannesburg.  Ma Sisulu, as she was fondly known across South Africa, died unexpectedly at her family home late Thursday.  In announcing the death, her son Mlungisi Sisulu says she was, as always, at the center of family activities.“Sitting in a chair watching the...

Kenyan Politician Named Drug 'Kingpin' by US

A Kenyan lawmaker and businessman has been named one of seven so-called “kingpins” targeted by the United States for drug trafficking. The United States Government has enacted strict sanctions against prominent Kenyan businessman and  parliamentarian Harun Mwau, and businesswoman Naima Mohamed Nyakiniywa for their alleged involvement in narcotics...

Global Effort Needed to Solve World Food Supply Crisis

The world's food supply is in crisis says the international organization Oxfam and this week it's launched a campaign to fix it. There's some controversy over where exactly the problems lie.Oxfam says 925 million people are going hungry around the world. In East Africa alone, it says, 8 million people are facing chronic food shortages. Gawain...

Fighting in Somali Capital Kills 17

New clashes in Somalia's capital have killed at least 17 people, as pro-government troops continue to battle militants for control of a popular commercial site.Somali government troops backed by African Union peacekeepers are trying to take Mogadishu's Bakara market from al-Shabab insurgents.Medical officials say heavy fighting between the two...

UN Panel: Libyan Forces, Opposition Committed War Crimes

A U.N. panel investigating the conflict in Libya says forces loyal to Libyan leader Moammar Gadhafi and opposition forces in the country have committed war crimes.The report, published Wednesday by three U.N.-appointed experts, says the violations committed by pro-Gadhafi forces were severe enough to also constitute crimes against humanity.  They...

Growing Insecurity Raises Concerns in the DRC

A resident of the Democratic Republic of Congo’s North Kivu province says both local and foreign armed groups have intensified attacks on unarmed civilians there. Charles Ntiryica said there are concerns the attacks will hurt business activities in the region and undermine the ongoing voter registration process. “These days armed groups like Mai...

Protesters Absent as Ethiopia Marks Anniversary of Meles Rule

Tens of thousands of Ethiopians have turned out in Addis Ababa’s main square to mark Prime Minister Meles Zenawi’s 20th anniversary in power.  A “day of rage” counterdemonstration planned by democracy activists failed to materialize.The turnout at Addis Ababa’s Meskel Square was a fraction of the one million predicted. And with thunder clouds...

NGO: Guinea-Bissau to be Land Mine Free by Next Year

An organization dedicated to the removal of land mines from three conflicts in the small West African nation of Guinea-Bissau says the country will become mine free in 2012. The land mine removal group HUMAID says it is close to completing its work in the mine-riddled countryside of Guinea-Bissau, a country of 1.6 million people that is nestled...