Rwanda is a land locked country situated in Central Africa. It’s is also known as ‘the land of a thousand hills’ – the relief which has facilitated its growing tourism sector. Rwanda is among the countries with the Virunga Volcanoes including Mountain Sabyinyo, Mountain Karisoke/ Visoke, Mountain Karisimbi and...
Carlos Lopes at the Yale African Development Colloquium on Monday, said a new brand of Africa is emerging; “one that exudes confidence, attractiveness for investments and that has considerably lowered risk, with investment reaching US$50 billion in 2012.” New Haven, USA, 14 April 2014 (ECA) – A decade after former...
This paper aims to study the effect of debt on economic growth of 19 developing countries over the period 1990-2011, through the use of a dynamic panel data model. The second part of this paper involves an empirical study of the effect that debt have on the contribution of...
There is an increasing international perception that Africa is standing now at a turning point. It has become one of the world’s top growth areas (5.6% per annum) thanks to the structural reforms being put in place and its demographic dividend for the next 40 years. After being seen...
Yahsat Expands Presence of its Satellite Broadband Internet Service “Yahclick” in Angola LUANDA, Angola, August 14, 2013/African Press Organization (APO)/ – Al Yah Satellite Communications Company, Yahsat (http://www.yahsat.ae), the Abu Dhabi based satellite operator, has further strengthened the availability of its flagship service YahClick, an affordable, high-speed satellite broadband Internet...
Rwanda is a developing country located in east Africa. It’s a very small country that in the early 1990’s faced a great tragedy (1993) Rwandan genocide that lead to the destruction of the country’s economy including the major wildlife destinations. Economic activity was also disrupted by the genocide forcing...
Globalization, foreign direct investment and economic growth in Sub-Saharan Africa By Saibu M. O and T. O Akinbobola This paper examines contributions of foreign direct investment and globalization to real economic growth fluctuation in selected sub-Saharan Africa countries. Adopting the conventional vector autoregressive mechanism and the time series data from the...
Nigeria, its economic performance – Uncertain performance Nigeria, just how well is the Economy performing? In the absence of a holistic report articulating the economic performance of Nigeria, no one could claim to know. There are only a lot of partial views on different aspects of the economy being expressed...