Ventures Africa
Wednesday, January 6, 2016 - 07:22
After destroying all known Boko Haram camps last year, the Nigerian military has just recorded a major setback in recapturing these areas. This comes shortly after it was reported that 24 Boko Haram militants were killed in Cameroon in an effort to end the insurgency in West Africa.
Tuesday, March 17, 2015 - 07:24
Arms imports by African countries have increased by 45 percent between 2005 and 2014 says a report released by the Stockholm International Peace Research Institute (SIPRI). Algeria, Morocco and Sudan were the largest importers of arms on the African continent between 2010 and 2014. Africa accounted for 9 percent of total global arms imports between 2010 and 2014.
Wednesday, December 11, 2013 - 08:56
The information was revealed by the country’s Oil Minister Abdelbari al-Arusi, who confirmed the forceful takeover of oil ports and fields by workers as well as tribesmen and militia, seeking greater political inclusion.
Thursday, September 26, 2013 - 12:48
The Democratic Republic of Congo (DRC) is considered one of sub-Saharan Africa’s poorest countries. Its GDP per capita estimated at $400, one-tenth that of the Republic of Congo. In terms of export dollars, in 2012 the mineral rich DRC stood $1.07 billion (8.7 percent) behind Congo-Brazzaville, its much smaller western neighbour. According to the World Bank, the amount of fiscal revenue generated by the timber and commodities sectors is often not made public.