Africa
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Billions of Dollar Leave the African Continent in IFFs

Billions of Dollar Leave the African Continent in IFFs

A new report from United Nations Conference on Trade and Development or UNCTAD showed that IFFs of illicit financial flows have deprived Africa of the much need finance for development to achieve its goals for progress.
 
According to the 2016 UNCTAD Economic Development in Africa Report between 1970 and 2008 total US854-billion or approximately R12218-billion has left Africa in illicit financial flows.

World Bank says Africa Should Move Ahead with Plans of Developing Transport and Energy Networks

 World Bank says Africa Should Move Ahead with Plans of Developing Transport and Energy NetworksOn Friday, the World Bank said that Africa should move ahead with its plans of developing its transport and energy networks although a slowdown plagued its GDP growth. Better infrastructure is the main ingredient that attracts long term developments according to the head of the World Bank.

Barclays Africa Half Yearly Profit Increases with Robust Cross-Border Business

Barclays Africa Half Yearly Profit Increases with Robust Cross-Border Business Barclays Africa is the third largest lender in South Africa by value. On Wednesday, the company reported an eleven percent increase in its half-yearly profit s owing to a robust growth in its across the border business and also due to a drop in bad debt charges.

African and European Genes Found in Ancient Hunter Gatherer

AncientRemains of hunter gatherer that lived around 7,000 years ago were discovered in 2006 in a deep subterranean cave called La Braña-Arintero near Leon in north-west Spain.

Coca-Cola Starts Campaign to have AIDS-Free Generation

Coca-Cola Starts Campaign to have AIDS-Free GenerationCoca Cola in partnership with Friends of the Global Fund Africa is going to make a sincere effort to have AIDS-free generation.

Both of them through their partnership are going to focus on issues like knowledge of AIDS and stigmatization associated with the same. This year’s theme for the partnership is ‘Shared Responsibility: Strengthening Results for an AIDS-Free Generation’.

West Africa’s Big Famed Cat at Brink of Extinction

AfricaWest Africa lions' population is at the brink of extinction in the region. The revelation has been made by researchers from countries like Africa, the US, UK and Australia.

They have carried out a study on West Africa lions for six years and then got to know that West Africa's big famed cat is in danger. This has led the researchers to raise concerns about the dwindling number of West Africa lions.

Sahara Desert Witnesses Catastrophic Decline in Wildlife

Sahara Desert Witnesses Catastrophic Decline in WildlifeSahara desert is considered to be one of the prominent deserts in the globe that witnesses harshest climate on Earth. Then also it enjoys the beauty of sweeping sands and majestic mountains that no other does.

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