French President Francois Hollande will visit Mali on Saturday, while French troops continue to push Islamist militants out of the country’s northern region. France launched a military campaign last month in cooperation with the Malian army, successfully recapturing many of the rebel-occupied towns in the north. Hollande will be accompanied by Foreign Minister Laurent Fabius, [...]
African Economies Face Down European Storms
August 15, 2012 | Posted by
As the eurozone crisis rumbles on, African economies are taking a beating through reduced trade and aid. But overall, growth and investment trends are holding steady, and new opportunities opening up Paralysis in the eurozone is a global problem. As the European Central Bank repeatedly tries to recapitalise the banking system – notably in Italy, [...]
South Africa to Bail Out Europe?
June 20, 2012 | Posted by
South African is set to provide US$2 billion to the International Monetary Fund’s war chest, but this has riled trade unions who say the country has more pressing problems. The ruling ANC, opposition DA and economists welcomed the news but trade unions are outraged. President Jacob Zuma made the announcement in Mexico at the G20 [...]
