With Broadband, Internet service is not only faster but less expensive
allowing more people to jump onboard the Web Express. And now the
African nations of Namibia and Botswana have Broadband. The countries recently linked up to an 8,700 mile-underground
cable system that provides faster and cheaper Internet connectivity.
According to a report by the African Development Bank, the Organization
for Economic Cooperation and Development, the United Nations' Economic
Commission for Africa and the UN development agency UNDP, the African
economy is expected to grow 4.5 percent this year. If this trend continues, the new growth can open new international trade doors for the continent.
Fashion designer Tanya Aab says she feels lucky: Few businesswomen from
Swaziland can travel to the United States to learn how to build their
companies and sell their brands overseas. She is one of 47 women from 37 African nations sponsored by the State
Department under its program for female African entrepreneurs.
Georgina Lorencz, founder and president of African Travel Seminars
(www.africantravelseminars.com), received one of the travel industry’s
highest forms of praise with this year’s APEX Distinguished Service
Award from Black Meetings & Tourism magazine.
Recently, Brazil pledged major investments and a transfer of technology to
Africa in order to repay a "solidarity debt" they have with Africa. To this end, leaders of top state and private Brazilian companies with
interests in Africa, such as oil giant Petrobras, mining conglomerate
Vale and construction firm Odebrecht, pledged to increase investment in
Africa during a Brazilian Development Bank (BNDES) seminar.