NewsInternational

Thu,17Apr2014

International

Africa and the sick men of Europe

There is this knotty problem in European-African relations, and one side is really losing the plot.

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Money Transfer: Are Africans getting ripped off?

Migrant workers from some African countries pay charges as high as 20 percent to send savings home, the ODI report said. Photo©ReutersAfricans in the Diaspora are charged twice the global average in taxes to send money to relatives back home, a recent study has revealed.

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Transport: Aviation and Maritime reforms beckon

Aircraft on runway in Ghana. Photo©Arne Hoel/The World Bank Africa's aviation industry is beginning to pick up thanks to the continent's impressive economic growth, but with seaports infrastructure largely abandoned in many countries in Africa over the years, there is urgent need for huge investments.

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French, Korean consortium to build $1.4 bln Abidjan rail line

File Photo©Reuters. A new Gautrain arrives at OR Tambo airport, outside Johannesburg.Ivory Coast said it had signed an initial agreement with a consortium including France's Bouygues and South Korea's Hyundai and Dongsan Engineering to build a 1 billion euro ($1.4 billion) urban rail line in Abidjan.

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Ethiopia slams anti-dam group's Egypt 'proxy campaign'

File Photo©ReutersEthiopia has slammed a statement by a United States based group, International Rivers Network (IRN) that is campaigning against the construction of the country's biggest dam project in history saying it is fighting a proxy war for Egypt.

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Africa's builders benefit from broadening economies

Construction companies in sub-Saharan Africa are moving beyond mainstay mining work as rising wealth and urbanisation spark demand for shopping centres and better roads, the chief executive of South African builder Group Five said.

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