Economic Growth Forecast for African Countries to 2012

Africa_GDP

In the World Economic Outlook October 2009, the International Monetary Fund projected the GDP annual percentage growth for most African countries.  In 2010, the fastest growing African economies are projected to be Republic of Congo (12.2%), Angola (9.3%), and Ethiopia (7%).  In 2011, the fastest growing African economies are projected … more

Chalice looks for cash for Eritrean gold project

gold-bars

KATE EMERY, The West Australian Chalice Gold Mines is poised to test the appetite of money markets, with the Tim Goyder-headed explorer cleared to start raising funds for its $131 million high-grade gold project after getting the final nod from the Eritrean Government. Chalice hopes to start construction of the … more

Unfiltered Notes: Blood Gold — Western mining companies enabling tyranny in Eritrea

gold-bars

With dreams for a better future all but shattered, Eritreans have been fleeing their country in droves giving Eritrea the unenviable distinction of becoming one of the world’s biggest prisons and exporters of refugees (http://www.guardian.co.uk/commentisfree/2009/apr/17/eritrea-human-rights). The regime’s terrorism against its own people spares no one. Peacefully demonstrating disabled veterans were … more

Eritrean Drought and “Famine”

Eritrea_Femane

There is widespread fear that there may be hidden famine in Eritrea caused by drought. The question is whether the Eritrean government is hiding information on hunger and starvation because it is embarrassed by its failed agricultural policies? Eritrean intellectuals, professionals and political leaders who met in Addis Ababa earlier … more