NewsInternational

Sun,27Jul2014

International

Democracy's tarnished model

Developing economies are bounding ahead amid mounting social discontent. Istanbul, as it turns out, is a good place to discuss politics in Africa.

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Eurobonds whet the African appetite

Traders work on the floor of the Ghana Stock Exchange. Photo©Jonathan Ernst/World BankAttracted by the prevailing low interest rates, cash-strapped African countries looking to borrow money on international private markets are increasingly turning to Eurobonds as the instrument of choice.

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Migration: Mediterranean boat people numbers soar to near 100,000

Photo©ReutersAlmost 100,000 boat people have made the dangerous journey across the Mediterranean to Europe this year, a roughly 60 percent increase on the whole of last year, and about 800 have died in the attempt, the U.N. refugee agency said on Thursday.

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PayPal's Nigeria launch sees great uptake

PayPal has signed up "tens of thousand" of Nigerians in its first week of operating in Africa's biggest economy, with consumers already purchasing items from Britain, China and the United States via its online platform.

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Global funds for African farmers

In its first continental investment, KKr & Co. hopes Ethiopia’s Afriflora will come up roses. Photo©AfrifloraAfrica's urban food markets will increase fourfold by 2030, and small and unlisted companies setting out to supply them hold high-yield potential.

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The elusive prize of value addition

There is no truism more universally acknowledged in the discussion about Africa's economic redemption than that of the need for countries to add value to their natural resources. And this truism is not of recent vintage.

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