Eritrea Third Fastest Growing Economy in Sub-Saharan Africa for 2013: EIU

By TesfaNews, The Economic Intelligence Unit (EIU), an independent business within The Economist Group, ranked Eritrea the third fastest growing country in Sub Saharan Africa for 2013. On the other hand, Ghana as the most stable democracy in Africa ranked 7th behind Sierra Leone, Tanzania, Eritrea, Zambia and Rwanda, while Chad, The Gambia, Liberia and Mozambique follow. […]

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AngloGold struggling to keep flagship mine in Ghana open

AngloGold Ashanti gained a 4,000 sq km ground in Eritrea for its Kerkasha and Akordat North exploration licences By Cecilia Jamasmie, AngloGold Ashanti (NYSE:AU) (JSE:ANG) (ASX:AGG), the world’s third-largest gold producer, may have to sell or close down its flagship Obuasi gold mine in Ghana, as operations are becoming unsustainable. The firm’s new CEO, Srinivasan […]

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African Union Turned into Handmaiden for Pax Americana

By Sophia Tesfamariam, Professor Ali A. Mazrui, Director of the Institute of Global Cultural  Studies and Albert Schweitzer Professor in the Humanities State  University of New York, in his 2003 article “Between Pax Americana and Pax Africana“, wrote about the effects of the September 11 attacks on Africa and US policy in Africa . Professor […]

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