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.
President Barack Obama said on Friday that he’s launching a major new
partnership to reduce hunger and lift tens of millions of people from
poverty at a meeting of the Group of Eight industrialized nations at
The African Institution of Technology (AFRIT) has big plans, namely, to "help the diffusion of semiconductor, microelectronics, nanotechnology,
biotechnology and other emerging technologies in developing nations by supporting schools and governments through world class education
support and technical consulting". Here, Ndubuisi Ekekwe talks about AFRIT's future.
A negative reputation has followed Africa since the bulk of the nations
on that continent won independence from colonial occupation. Poverty,
disease, hunger, war and corruption are closely associated with African
countries in the minds of many people across the world. Such a
perception could be on the verge of changing. Economic development
opportunities are rising throughout Africa and investment there is
poised to be the next big thing.
When people think of business growth, they think of the major continents
of North America and Asia. But an unexpected economic riser that's
following in the footsteps of Asia has appeared on the second largest
continent of the world.
The space age has reached Africa. Recently, the world's top scientists
met at the annual conference of the International Astronautical
Federation (IAF) held for the first time in Africa. It also marked the
50th anniversary of human space flight.
Liberian President Ellen Johnson-Sirleaf, enthusiastically welcomed the
Nobel Peace Prize award on Friday, describing it as recognition for
years of fighting for democracy in her country. The announcement comes
just days before Sirleaf seeks re-election for a second five-year term