Tillerson’s Firing Worries Some Africa Experts

The State Department had billed Secretary Rex Tillerson’s first diplomatic trip to Africa as a mission to reaffirm U.S. collaboration with the continent on counterterrorism, development and good governance. Tillerson’s abrupt dismissal Tuesday, just hours after returning from his weeklong tour of five countries, raises questions about the strength of any commitments he made there, several… Read more

Coventry Varsity Offers U.S.$1 Million Scholarship Grant for Nigerian Students

Coventry Varsity Offers U.S.$1 Million Scholarship Grant for Nigerian Students Coventry University, United Kingdom has set aside $1m scholarship grant for prospective Nigerian students attending the institution. Besides, the university is set to invest $100 million in research while offering international students professional certification and the opportunity of learning an international language. A senior lecturer […]

Booming Tourist Industry Boosting African Economies

A new report finds flourishing tourism in Africa is putting millions of people to work and adding billions of dollars to national economies. The UN Conference on Trade and Development’s annual Economic Development in Africa Report projects continued robust growth in tourism in the coming years. Growth figures in Africa’s tourism sector are impressive. The World… Read more

Mega Oil Pipeline Projects to Spur Economic Growth

Mega Oil Pipeline Projects to Spur Economic Growth THE government, yesterday, announced plans to set up three mega oil-pipelines connecting the seaports of Tanga and Dar es Salaam to upcountry regions and neighbouring countries partly to reduce fuel prices and spur economic growth. The announcement was made here by Energy and Minerals Minister, Prof Sospeter […]

As Oil Prices Dip, African Countries Spend Less on Military

African military expenditures have finally slowed down after more than a decade of steady increases, according to a new report on global defense spending. The main reason, the report found, is a drop in oil prices. “The sharp decreases in oil prices has affected quite a number of African countries, namely South Sudan and Angola. This… Read more

It’s time to harness the power of African youth

Young people can offer the much-needed human capital to speed up economic growth and foster sustainability on the continent Africa, the continent with the biggest potential for growth because of untapped opportunities, is home to 12 percent of global oil reserves (Nigeria, Algeria, Angola, Sudan and new potential sources like Kenya); 40 percent of the world’s… Read more