NewsEast & Horn Africa

Thu,05May2016

East & Horn Africa

Africans support vibrant media, survey shows

In a new trend this year, several governments cut off social media during elections. Photo©ReutersThe main findings released on World Press Freedom showed that a majority of African citizens supported the media's "watchdog" role, saw the media as effective in revealing government mistakes and corruption, and affirmed that journalists "rarely" or "never" abuse their freedom by publishing lies.

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Building institutional capacity is the key to an African success story

Photo©Vincent Fournier for TARIn the last year, Africa has been through enormous challenges on economic, social and political levels. The softening of commodity prices, sluggish growth in some of the continent's biggest markets, political upheaval and slight weakening of investor sentiment have all caused some to call into question the 'Africa Rising' narrative of recent times.

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Finance: Afreximbank seeks to raise $3 bn in 2016

Afreximbank's President, Benedict Okey Oramah. Photo©AfreximbankThe African Export-Import Bank (Afreximbank) will seek to raise around $3 billion this year via Eurobonds, syndications and bi-lateral and institutional lending in order to finance its activities, the bank's president told Reuters on Tuesday.

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Kenya: Strong agricultural yields boost 2015 economic growth

File photo©Ilya Gridneff/AP/SIPAKenya's economy grew by 5.6 percent last year, slightly faster than the year before, after abundant rains helped boost the production of vital exports such as tea and flowers, the statistics office said on Tuesday.

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Ebola, drought, commodity price slump dent Sub-Saharan Africa economic growth

File photo©Rio Tinto/AP/SIPAEconomic growth in sub-Saharan Africa will likely slow this year to its weakest in nearly two decades, hurt by a slump in commodity prices, the Ebola virus outbreak and drought, the IMF said on Tuesday.

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Fearmongers in the frame

A menacingly authoritarian triumvirate think that it's their turn. Canny, malign and experts in the politics of fear, the US's Donald Trump, France's Marine Le Pen and Russia's Vladimir Putin believe history is on their side.

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