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Africa/Middle East
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China’s influence in Africa is growing at an unprecedented rate. Amid the criticism of Beijing’s pursuit of natural resources lies an opportunity for African states to turn a one-sided relationship to their advantage
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North Africa managed to escape the worst of the global financial crisis. But whether it will be spared the economic fallout of a prolonged European slump remains an open question
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Kenya’s economy may be back on track, but concerns remain over political instability, governance and the strength of the global recovery
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Ghana and Uganda are the latest African nations to strike oil. Yet both are struggling with how best to use it to their advantage
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African project finance is hitting the wall as western banks beat a retreat. Although, Chinese lenders are plunging into the region, the fate of infrastructure funding rests in the hands of the multilaterals
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Zambia’s drive to acquire an international credit rating will encourage the government and mining companies to issue international bonds, the country’s central bank governor has said
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The African Development Bank’s bid to mobilize domestic savings by creating a regional bond fund will hit a wall unless it stumps up cash and provides a credit guarantee, monetary policy officials warned this week
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Standard Bank has a $1.35 billion war chest for international acquisitions that will initially target commercial and retail banks in Nigeria, its deputy CEO Ben Kruger said on Thursday
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Sierra Leone is confident that it, like Ghana, will strike oil offshore, and is already building technical capacity in anticipation, its energy minister Ogunlade Davidson told Emerging Markets
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New agricultural technologies, rather than money or food aid, are the key to saving millions from starvation as the African climate grows warmer, an expert commented on Thursday
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Efforts to make African governments accountable have suffered setbacks, due to pressures generated by the global volatile economic environment, experts and activists warned in Abidjan this week
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Zimbabwe’s president Robert Mugabe has finally agreed to seek debt relief for his battered country under the Highly Indebted Poor Countries (HIPC) programme – after stubbornly denouncing its terms as humiliating
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Outstanding African Development Bank loans and equity are set to double to $30.2 billion within five years, the institution’s president Donald Kaberuka said in Abidjan on Thursday
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Global markets surged for a second day yesterday following a bout of turmoil not seen since the dark days of the global financial crisis. But leading economists warned that the global recovery remained on thin ice
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Calls are growing for a rebalancing of Sino-African ties amid mounting fears Africa’s failure to deepen its commercial leverage with the Asian giant will blight the continent’s economic destiny
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Africa was hit hard by an economic crisis not of its own making. As political leaders take stock of the fallout, they must not forget that the aid and investment the continent so desperately needs can be found at home
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South Africa’s liberal economic policies are increasingly being called into question in the wake of recession and amid rising inequality. The path the nation chooses will have a profound impact on its economic development
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A political solution is the only way of stemming Zimbabwe’s crisis after a decade of economic freefall. Without it, the fragile recovery now underway will prove short-lived
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Months after swallowing its pride and turning to the IMF for help, Angola – one of Africa’s biggest oil producers – is rebounding fast, not least thanks to energy prices and cheap Chinese credit
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