Former entertainer Akon creates own city in Senegal
BY KOSSI GBEDIGA Over the years, Akon was known as a Grammy-nominated mega entertainer, then a philanthropist in love with his roots, Africa. Now he is the owner of a … Read More
Category: Economy
The African Magazine provides first-hand information about African economies and economic relations between Africa, the United States, China, Europe, World Bank, IMF, the Corporate Council on Africa and the rest of the world.
Why millions chose Africa as their safari destination
BY MARCO SHOLTZ More than 30 million tourists visit Africa every year. Over half of the international arrivals are for business purposes, and may partake in tourist activities as well, while 15% … Read More
An alternative model to Africa’s economic development
By Muriel Kgomotso Gill An essay for my African brothers and sisters in the diaspora Traditional economic development model Traditional economic development theory advocates the development of infrastructur as the … Read More
South African Airways goes under bankruptcy protection
BY ALAN GREEN South African Airways has entered a bankruptcy protection program that the state-owned African carrier—the largest on the continent—hopes will help avert total collapse. These are not the … Read More
Twitter founder and CEO Jack Dorsey impressed with Africa
BY ALAN GREEN After a three-week, four-nation tour of Africa during which he met with high-tech operators and entrepreneurs, Twitter chief Jack Dorsey was so impressed he announced plans to … Read More
Three reasons why we are addicted to smartphones
BY JACO J. HAMMAN Two years ago, Apple launched its iPhone 8 and iPhone X, which came with sleek, new features. Apple also hopes to start a new community around the … Read More
China reacts to Zimbabwe understating aid figure
BY ALAN GREEN During the presentation last week of the 2020 budget, Zimbabwe’s finance minister, Mthuli Ncube, stated Chinese aid to his country through September to be US$3.6 million, a … Read More
African countries can’t industrialise? Yes, they can
BY WIM NAUDE Narratives are essential. Humans are, after all, “helpless story junkies”. Business and economic success depend much more than is commonly acknowledged on getting the narrative right. And if … Read More
Let Us Create An African Renaissance Sooner Than Later
BY TONY KWAME ANSAH, JR. The African diaspora may not realize it, but they are in a great position to collaborate and contribute to the motherland of Africa. With the … Read More
South African Airways to launch direct, non-stop daily flights from D.C. to Accra
BY ALAN GREEN Starting on 5 September 2019, South African Airways (SAA) will turn its non-stop flights between Washington, D.C.-Dulles International Airport (IAD) and Accra Kotoka International Airport into a … Read More