Economy

The East African Community has formally welcomed Burundi and Rwanda, which signed the accession treaty on 18 June. Yet the entry of two small, poor, landlocked, Francophone countri...

Africa produces far less than the Middle East: around 2.6 million barrels a day from Nigeria and close to 2 mn. b/d from Angola by the end of 2008, compared to Saudi Arabia's 9 mn....

He came to power in 2005 with a reputation as a nationalist bruiser with hardline views and a dubious past of Marxist policies and human rights abuses. Since then, President Armand...

As Western campaigners congratulate themselves on achieving the cancellation or reduction of African countries' foreign debts, the grateful recipients are seeking new ways to borro...

There is little chance that staff will allow new President Robert Zoellick a honeymoon at the World Bank's lavish H Street headquarters in Washington DC. The ghost of Paul Wolfowit...

British High Court Justice Peter Smith has found that ex-President Frederick Chiluba stole US$46 million of state funds from Zambia between 1991 and 2002 (AC Vol 46 No 20). In a 22...

African governments are preparing for a tougher relationship with Paris on trade and immigration policy following the victory of Nicolas Sarkozy in presidential elections on 6 May....

Africa's economies were buoyed by international conditions, improved domestic policies, increased exports to China and high commodity prices. However, African economies are more se...

Alcan is to build a US$2.7 billion smelter at the Coega Industrial Development Zone (IDZ) in South Africa's Eastern Cape. This could salvage the Zone's faltering fortunes - and the...

An overpriced rand and government protectionism block foreign direct investment and economic growth. That is the view of a team of Harvard University economists, who are advising t...