Congo-Kinshasa: Deep in the Jungle, Scientists Explore the Links Between the Congo and Climate Change

Researchers aim to understand how the world’s second-largest rainforest is responding to — and influencing — global warming. The town of Yangambi, about 60 miles west of the Democratic Republic of Congo’s much larger city, Kisangani, sits on a broad plain by the Congo River. When explorer Henry Morton Stanley canoed up the Congo in 1882 — laying the groundwork for Belgium’s King Leopold II to acquire what became the Congo Free State as his personal real estate — a similarly flat parcel attracted his attention. He noted approvingly of…

Read More

SOUTH African companies eager to invest in D.R Congo

Kinshasa — SOUTH African companies eager to invest in the Democratic Republic of Congo (DRC) are not deterred by the political problems in the Central African nation. Some 29 businesspeople from the Southern African country are in DRC for the of the eighth Investment and Trade Initiative (ITI) scheduled to take place in Kinshasa and Lubumbashi until November 11. The objective of the ITI, organised by the Department of Trade and Industry (DTI), is to increase trade and deepen bilateral relations between South Africa and the DRC. Luvuyo Ndimeni, Deputy…

Read More

Experts Explore Infrastructure and Cooperation to Improve Lives

Addis Ababa — African economies require structural transformation to attain sustained growth that trickles down to all its peoples, an official from the United Nations Economic Commission for Africa (ECA) told experts gathered at the organization’s Ethiopian headquarters. Soteri Gatera, who heads the ECA’s Industrialization and Infrastructure Section, says only such “inclusive” economic growth will help resolve the “persistent social economic problems” Africa faces. He was speaking on the sidelines of a meeting of experts, which precedes the opening of ECA’s tenth session of the Committee on Regional Cooperation and Integration.…

Read More

South Africa Set to Boost Trade With Cuba

The upcoming Havana International Fair will further advance relations between South Africa and Cuba, says Trade and Industry Deputy Minister Bulelani Mangwanishe. The Deputy Minister will lead a South African business delegation that will showcase locally made products and services at the Havana International Fair (FIHAV), which commences on 30 October. “Our 2016 total trade with Cuba amounted to almost R180 million, with South African exports dominant at R149.7 million and Cuban exports to South Africa sitting at R29.8 million. We also have an Economic Assistance Agreement in operation, where…

Read More

AFC: Scaling Up Required to Address Urgent Infrastructure Demand

interview The African Finance Corporation (AFC) which was established to help bridge Africa‘s huge infrastructure gap, has made investments totaling more than $4.5 billion in a decade of operations. In an interview with AllAfrica’s Bunmi Oloruntoba and Reed Kramer during this month’s Annual Meetings of the IMF and World Bank, CEO Andrew Alli outlined that corporation’s strategy for scaling up to address Africa‘s major infrastructure  Give us a quick overview. The Africa Finance Corporation is an African multilateral organization that is tasked with financing infrastructure projects in five sectors. These…

Read More