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Christine Lagarde says although all six central African states counted on their petroleum resources to improve their economies, Gabon, Chad and Equatorial Guinea have suffered most as a result of reducing world prices. She says they did not diversify their economies like Cameroon did. Lagarde says Cameroon’s economy has also been affected by the war […]

The six nations that make up the Central African Economic and Monetary Community wrapped up their eighth annual “CEMAC Days” event with a dismal assessment: Central Africa is failing its efforts to achieve regional integration.CEMAC consists of Cameroon, Chad, Equatorial Guinea, Republic of Congo, Gabon and the Central African Republic. The regional bloc was formed […]

Amir Ben Yahmed is founder and president of the Africa CEO Forum, an annual event for the continent’s business leaders. How we made it in Africa asked him about Africa’s economic outlook and why this year’s Africa CEO Forum has been moved from Geneva to Abidjan. The last edition of the Africa CEO Forum flagged […]Read More

During French TV’s live broadcast from scene of deadly terror attack, woman wearing hijab seen removing Israeli flag placed there in solidarity and tearing it up; ‘This is the essence of the anti-Israel obsession,’ says Israeli activist. [embedded content] Related

Hey Kidz Count fans! Q: How did a 9-year old girl beat out the conglomerate giants such as Kraft, Coca-Cola, Pepsi, Procter & Gamble to land coveted shelf space and a million dollar contract with Whole Foods? Her precocious response? “I don’t know? Do they make theirs with love?”Mikaila Ulmer, age 9, Sugar Land, TX, […]Read More

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On the other hand, nagging questions remain about the extent to which Africa’s people’s lives have improved. As one taxi driver kept on telling us in Accra: “I can’t eat growth”. Unfortunately, there is little systematic evidence available to show our driver.The challenge of assessing how much income poverty has come down is not made […]Read More

Growing up on a farm inspired Kanana to venture into agriculture. She has added a modern touch to the business, using social media for marketing, introducing her products to formal retail outlets and expanding into pig farming. On the other hand, Ndegwa observed his mother run a small tailoring business. When he started his own […]

Build yourself a big tax refund by taking advantage of tax credits and deductions. Photo: Got Credit It’s true that there are lots of topics more fun to read and learn about than taxes, but most of them won’t put money in your pocket. The savvier you get about tax matters, the more you save, as […]Read More

Almost three years ago, I decided to pit two of my favorite consumer-goods stocks against one another to see which was the better buy. On one hand was Nike (NYSE:NKE), a juggernaut in the sportswear and athletic footwear space. And on the other, Under Armour (NYSE:UA), an up-and-coming competitor whose CEO, Kevin Plank, has long […]

Expectations are low as memory chip manufacturer Micron Technology (NASDAQ:MU) prepares to report its second-quarter results Wednesday after the market close. Following two years of impressive profitability in fiscal 2014 and 2015, oversupply in the DRAM market has caused Micron’s bottom line to collapse. The company expects to post a loss for the quarter, and […]

Image source: www.mcdonalds.com In recent months, McDonald’s (NYSE:MCD) has been trumpeting the success of its “turnaround” strategy.However, a closer look at earnings reports reveals that a changing US dollar has been affecting revenue and profit. How exactly is this impacting the company? And what lesson can investors take away from a study of this? A look at earnings and […]Read More