The value of Africa’s natural resources – valued in the trillions of dollars – dwarf other sources of capital such as remittances and aid. High commodity prices (despite some variation) ensure that they will remain a valuable asset to African countries. However, these natural resources are substantially unknown (relative to OECD countries.) The history of resource extraction is however substantially ...
Read More »Daily Archives: November 2, 2011
Uganda’s First Electric Car
Makerere University has successfully tested the first electric car to be made in Uganda. The two seated car is a project by the College of Engineering, Design, Art and Technology. Deputy Vice Chancellor Prof. Tickodri -Togboa who heads the project said the University was now targeting a 36 seater which is a bus. “We wanted to demonstrate we are capable. ...
Read More »Egyptians Abroad Demand Right To Vote
While Egypt’s First Circuit Administrative Court of Justice issued a decision on October 25th allowing citizens to vote outside of Egypt, the ball is now in the court of the country’s military rulers to put that decree into practice. The Egyptian Ministry of Foreign Affairs in Cairo estimates the number of citizens abroad at 10 million. One source said that ...
Read More »Gas Discoveries In UK And Africa Threaten Nigeria’s Revenue
Gas discoveries in some African countries and the United Kingdom are diminishing Nigeria ’s status as a major exporter of the commodity and putting serious pressure on the nation’s revenue from gas, as the sector struggles to attract new investments. Nigeria has earned an estimated $6 billion, from gas exports from its projects in the last six years, to rank ...
Read More »
African Spotlight Spotlighting Africans at Home and Abroad