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Looking Ahead– Africa 2013. AU celebrates 50 years and IMF projects economic confidence.

Happy Anniversary Africa! In 2013 the continent will be celebrating a Golden Jubilee, commemorating May 25, 1963. That day, 50 years ago, the Organization of Africa Unity (OAU) was born, to later reincarnate as the African Union (AU) and affording the continent sufficient clout to accelerate integration and development. When the leaders of the AU […]

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Morsi Means Business

China visits marks Egyptian leader’s more balanced foreign policy approach and new economic alliances. Egypt’s President Mohamed Morsi was accompanied by more than 80 Egyptian business people on a trip to Beijing in late August – a clear sign that the new Egyptian leader was intent on enhancing economic relations. Walking on the red carpet

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Africa in 2011

A year highlighted by a new nation, regime change, famine and hopes for climate change solutions. The big story out of Africa in 2011 was the referendum in southern Sudan. That culminated in the birth of a new country, the Republic of South Sudan, which joins the struggling band of developing nations. Africa’s newest independent

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Gaining Momentum: Kenya’s new Constitution is giving investors much cause for optimism

Kenya’s march toward a middle-income economy within the next two decades got a much-needed boost with the promulgation of the country’s new Constitution on August 27, 2010. The brand-new legal regime should firmly close the door on 47 years of bad governance and pave the way for long-term growth in East Africa’s largest economy. Since

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Regional Renaissance

The East African Community Common Market is set to provide more jobs, increase trade in goods and services and boost investment in the region. As the clock ticked toward midnight on June 30, 2010, the mood in Nairobi, Kenya’s capital, and in the rest of East African Community (EAC), was expectant. The region’s vibrant media had

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