India and China are Africa’s new colonialists according to global financier George Soros. While that may be debatable, India lags China in its engagement with Africa. India is a rather timid investor in Africa compared to China in almost all sectors, including petroleum. In fact, China has managed to edge India out of many contracts over the past...
Investment Banks Eye Africa for Growth
Business Week
Business Week
As investment banks continue to feel the effects of the credit crunch in the West, some are looking to Africa as the latest emerging market opportunity to boost flagging profits. Banking powerhouses including Citigroup and JP Morgan operate in...
Investment banks turn to Africa in effort to boost flagging profits
The Independent
The Independent
As investment banks continue to feel the effects of the credit crunch in the West, some are looking to Africa as the latest emerging market opportunity to boost flagging profits. Banking powerhouses including Citigroup and JP Morgan operate in...
Japan vows to build 1,000 new schools in Africa
Japan Times
Japan Times
Japan pledged Wednesday to provide aid to finance construction of 1,000 new schools in Africa with a total of 5,500 classrooms over the next five years, setting a key numerical target ahead of planned major international conferences later this year....
Africa's economic leaders head for Mozambique -
Yahoo Daily News
Yahoo Daily News
by Emmanuel Goujon 12 minutes ago MAPUTO (AFP) - Finance ministers from across Africa meet in Mozambique Wednesday for the annual meeting of the African Development Bank amid warnings the continent faces grave dangers from rocketing food and oil...



