EMerging Equity
Liberia
How Can Africa Fulfill Its Potential For Energy Production?
By Martin Ganda South Africa’s City Press reports that Turkish company Karadeniz Energy Group has offered to help to solve South Africa’s power problems by supplying its Powerships. Some African countries, like Ghana, get electricity from Powerships; floating power stations that connect to the grid and are powered by oil or gas. If this demonstrates anything, it is how Africa’s power scarcity … Continue reading
Africa: Blood Diamonds Money
To understand the African diamond trade, you have to know how and why diamonds are exploited in parts of Africa, as well as where this has been and continues to be a problem. Experts claim that the illegal sale of blood diamonds has produced billions of dollars to fund civil wars and other conflicts in … Continue reading
Sierra Leone: 30 Percent Of Ebola Aid Funds Vanished
The auditor of Sierra Leone noted that the country can’t explain how 30 percent of Ebola funds were spent and there is no documentation to support $3.3 million of contracts. The amount does not include grants or loans from international organizations Bloomberg said. “Monies that have been set aside for the purpose of combating the Ebola outbreak … Continue reading
Ebola In Africa: IMF Grants $100 Million To Guinea, Liberia And Sierra Leone
The International Monetary Fund has granted Guinea, Liberia and Sierra Leone debt relief of about $100 million in total. The IMF additionally offered the nations $160 million in zero-interest loans. “Those three countries are going through a very, very dramatic ordeal that combines pandemics, the risk of isolation” told Christine Lagarde, IMF Managing Director. The … Continue reading
West Africa: The Approbation Of A New World Order – OpEd
By Alexander Mezyaev The number of conflicts in Africa continues to grow, with more and more new countries getting drawn into them. The situation in West Africa is particularly grave; this part of the continent is being threatened with total destabilization. The armed conflict in Mali is still going on, where, at the start of 2015, … Continue reading
Sierra Leone Cancels Christmas And New Year Celebrations Amid Ebola Crisis
Sierra Leone has banned any public celebrations of Christmas and the New Year over the spread of the Ebola virus that has affected thousands of the population. The military will strictly monitor the ban. Christmas is canceled in Sierra Leone, West Africa, authorities in the country announced on Friday. Instead of Santas, the army will … Continue reading
IMF Reduced Its Growth Projections for West Africa Due to Ebola Outbreak
The 2014 outbreak in West Africa is definitely the largest and most complex Ebola outbreak since the discovery of the virus in 1976. There have been more cases and deaths in this outbreak than all others combined. Ebola, also known as Ebola hemorrhagic fever or Ebola viral disease, is a rare and deadly illness caused by … Continue reading
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