South Africa’s ‘Rattletrap’ Taxis a Multibillion-Dollar Industry

South Africa’s ‘Rattletrap’ Taxis a Multibillion-Dollar Industry

Reading Time: < 1 minute REUTERS Zakes Hadebe’s minibus taxi has nearly half a million kilometers on it, a broken speedometer and a fuel gauge he struggles to keep just…

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East Africa Moves Toward  One Currency

East Africa Moves Toward One Currency

Reading Time: < 1 minute AGENCE FRANCE-PRESSE At a November 2013 summit in Kampala, Uganda, five East African countries signed a protocol to establish a monetary union, a first step…

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Ethiopia’s Wind Farms Built for Energy Independence

Ethiopia’s Wind Farms Built for Energy Independence

Reading Time: < 1 minute AGENCE FRANCE-PRESSE From the sky, the 84 glimmering white turbines at Ashegoda wind farm shoot up from the ground like huge spokes, standing out high…

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Inga Dam Project Seeks to Illuminate the Continent

Inga Dam Project Seeks to Illuminate the Continent

Reading Time: 2 minutes REUTERS Deep in the bowels of the giant Inga hydroelectric dam that straddles the mighty Congo River stands a fading map named “The motorways of…

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Africans Investing in Africa

Africans Investing in Africa

Reading Time: 2 minutes REUTERS Investors from Europe, Asia and the United States are not the only ones chasing growth opportunities in Africa these days. Africans themselves are waking…

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World Bank Finances Great Lakes Power Plant

World Bank Finances Great Lakes Power Plant

Reading Time: < 1 minute AGENCE FRANCE-PRESSE The World Bank has approved a $340 million financing package for a crucial hydroelectric power plant in Africa’s Great Lakes region, a project…

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Ethiopia’s Commodity Exchange Boosts Growth

Ethiopia’s Commodity Exchange Boosts Growth

Reading Time: < 1 minute AGENCE FRANCE-PRESSE A bell rings, and the floor of Ethiopia’s Commodities Exchange (ECX) is flooded with traders dressed in colored coats, waving hands, and shouting…

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Railway Will Link Three Countries

Railway Will Link Three Countries

Reading Time: < 1 minute REUTERS A railway that runs from Kenya to Uganda will be extended to Rwanda by March 2018 as part of efforts to deepen trade ties…

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