Tag industry

U.S.-Africa Trade Mostly Benefits Oil, Textiles

Washington – With a key U.S.-Africa trade agreement up for renewal in 2015, advocates on all sides of the issue say current policies are rife with shortcomings that leave many African businesses out in the cold.

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Quantitative Easing: Impact on Emerging and Developing Economies

New Delhi – The global economy is awash with successive waves of liquidity generated over the past few years by the four most advanced economies, viz., the United States, the European Union (EU), Japan and the United Kingdom, known as the G4. This liquidity has taken the form of “quantitative easing” (QE).

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China in the heart of Africa

“China’s gift to Africa.” The new headquarters of the African Union, a towering 20-storey building in Addis Ababa, Ethiopia, is so called because China picked up the $200 million tab for the state-of-the-art complex. Ethiopia’s tallest building, completed in December 2011 in time for an AU summit the following month, includes a 2,500-seat conference hall.

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Criminal complaint lodged against Angolan generals

Angolan journalist Rafael Marques de Morais has filed a complaint [PDF] against the shareholders of three private companies involved with diamond mining, including some of the country’s most influential generals, for alleged crimes against humanity. Marques de Morais shares the background to the story with Pambazuka News.

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Lesotho: Government to Turn its Back on Textile Industry

Maseru (Lesotho) – Lesotho’s textile sector – the country’s largest employer – is regarded by many as the only way out of the poverty trap in a tiny kingdom where more than half of the population lives on less than 1.25 dollars a day. But what many do not know is that the government and the World Bank have unofficially turned their backs on the sector and will soon cut important subsidies.

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China in Africa: a complex relationship

The increasing role that China is playing in building Africa’s infrastructure and managing its economy has become the subject of much discussion not only within Africa but also abroad. To capture the true scale of China’s irresistible ascent within Africa – its evolution, methods, actors and relations with EU and United States –, in collaboration with three African newspapers (Addis Fortune, Ethiopia; Sud Quotidien, Senegal and Les Echos, Mali) has interviewed  Jonathan Holslag, head of research at the Brussels Institute of Contemporary China Studies (BICCS).

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Direttore Responsabile Giuseppe Frangi