Daily Archives: February 7, 2017

Africa Needs to Refocus Its Attention on the Urgency of Economic Diversification – Davies

Davies further pronounced that the “Fourth Industrial Revolution” will offer new opportunities to achieving inclusive and sustainable growth by fast tracking market integration in Africa through industrial corridors and regional integration read more

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Ethiopian Water Adventure and More

Bahir Dar

Ethiopia is often described as a magical and refreshing destination which always lives up to its reputation. Visitors can explore hand in hand through clean beaches and hike to lush green mountains having the best time of their lives. Whether you are a history buff or just out for adventure and exploration you will get what you are looking for. Among the stunning Ethiopian places of the western Ethiopia, Bahir Dar which was once considered to be made the capital city of Ethiopia by the late former Emperor Haile Selassie due to the extravagant natural resources and suitable weather condition, is an exceptional location. Located 600 km northwest of Addis Ababa, it presents breathtaking lake views and artistic creations. read more

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Africa Finance Corporation: Sole Investor in Guinea’s Bauxite Exploration with $205m

africa finance corporation

Africa Finance Corporation (AFC) has announced that a plan to invest 205 million USD in Guinea as an effort to help boost mineral exploration in the country through Alufer Mining Company (a Guinea based mineral exploration company) at their high grade bauxite reserve, Bel Air mine. The Bel Air mine is targeting release its first production by 2019 with an expected 10 million tonnes a year. The global bauxite supply is currently falling deficit to growing demand and thus, the development of AFC will increase production to contribute to global demand. read more

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