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Britain Investigates Gadhafi Link to London University

An independent investigation has been launched in Britain into a top university's links with Libya after the university's director resigned over the controversy. Britain’s London School of Economics had been put under the spotlight because of its ties to Gadhafi and his family. Under investigation The university accepted a research grant worth...

Sanctions Hurt Ivory Coast Economy

Economic sanctions against Ivory Coast are hurting business in the world's top cocoa producer. Thousands of civil servants line up along Abidjan's Rue des Banques, waiting to be paid their February salaries. When foreign banks closed last month because of regional sanctions against incumbent President Laurent Gbagbo, his government faced its...

Ivory Coast: Hundreds of Thousands Displaced in Abidjan

In Ivory Coast, fighting between supporters of rival presidents is spreading and the number of displaced people is growing rapidly. President Laurent Gbagbo has refused to step down and yield power to Alassane Ouattara. After elections in November, the U.N. certified Mr. Ouattara as the winner. The U.N. refugee agency (UNHCR), says humanitarian...

Investment In Infrastructure Crucial to Africa's Economic Growth

Some development analysts question whether Africa’s current rapid economic growth will fade like the surge in the 1970s. Others say today’s growth is different.  The last such period was centered on Africa’s oil; today, they say, investors are interested in a number of sectors, including banking, tourism and agriculture. And, economists say...

Increased Investment Rapidly Changing Africa’s IT landscape

Africans must have greater access to new technologies if they are to catch up with the developed world, say development experts.  Technology improves the lives of consumers and attracts foreign investors eager to profit from a growing consumer population. McKinsey & Company, a leading global management consulting firm, estimates Africa’s gross...

Foreign Investors See Potential in African Agriculture

Agriculture is one of the most important economic activities in Africa.  In addition to providing employment, agriculture has the potential to transform African societies through the increased export of produce to Western markets. Many agree that transformation will not take place without increased investment in agriculture, including public or...

Africa: Providing Greater Returns for Western Investment

For years, foreign businessmen shunned Africa. They saw the continent as a highly risky destination for investment. But in the past decade, much of that has changed, with many saying Africa now presents a great potential for business growth and ultimately poverty reduction. Jennifer Potter is the CEO of Frontier 100, a network of business...

Greater Support Urged for Private Sector in Post-Conflict Africa

“A strong private sector is crucial to broad based economic growth, and this is especially true to post conflict African states such as Liberia, Ivory Coast and Sierra Leone as well as a host of others in Africa, ”says Hany Besada, a senior researcher and the head of the Development Corporation Program at the North-South Institute in Ottawa,...

AIDS 2012: Preparations Underway for US to Host Conference

In July 2012, the world’s largest AIDS conference comes to Washington, D.C.  It’s the first time the gathering will be held in the United States since 1990 and preparations are already underway. Despite the massive U.S. financial, medical and scientific contributions to the fight against HIV/AIDS, a major issue blocked the conference from being...

Green Economy Key to African Growth, Says UN

Developing countries like Kenya will achieve higher growth by moving into what is known as Green Economy, a new UN report says. The model challenges a long-held view that developing countries may not industrialise without large-scale environmental pollution. Green Economy refers to sustainable development that takes care of the environment while...

Google Expands Reach in West Africa to Tech-Savvy Youth

West Africa's Internet penetration level remains one of the lowest in the world, but a booming market for mobile phones has more tech companies sensing opportunity.  U.S. search giant Google has set up offices in several countries in the region and is encouraging a new generation of tech-savvy Africans to lead the way in fostering Africa's...

Somalia Analysts Suggest Better Strategies to Fight Piracy

The killing of four Americans by suspected Somali pirates in the Arabian Sea is putting the spotlight on challenging international military and legal efforts to end widespread piracy off of Somalia.  Experts are suggesting a range of other approaches, including more economic engagement, strategic attacks and reducing ransom payments as possible...

China ‘Concerned’ Over Libyan Unrest

China has expressed concern about unrest in Libya, especially attacks on Chinese workers and assets there.  A Libyan diplomat stationed in Beijing has resigned to protest his government's violent crackdown on protesters. China has been watching unfolding events in the Middle East and North Africa and responded cautiously to the latest uprising in...

Tunisia Moves to Outlaw Party of Former Ruler

Tunisia's interior minister, Farhat Rajhi, took steps Monday to dissolve the party of the country's ousted ruler, Zine El Abidine Ben Ali.  The move is designed to prevent members of the party from running in forthcoming elections to replace Mr. Ben Ali, who was forced from power last month and fled with his family to Saudi Arabia.Mr. Rajhi filed...

Arab and Sub-Saharan Countries Share Issues of Poverty, Unemployment

Sub-Saharan African countries are closely watching developments in North African and Middle East countries, according to a South African foreign policy analyst. Thomas Wheeler, who’s with the South African Institute of International Affairs in Johannesburg, is a former ambassador. In Libya, where violence has perhaps claimed hundreds of lives,...