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Two (persons) were injured and windows were blown out of the meeting room in an attack that was heard on live TV. The Movement for the Emancipation of the Niger Delta, or MEND, warned that the bombings in Warri are part of a new wave of attacks coming to Delta state, which remains deeply impoverished despite its oil wealth.
As Frank Annunzio, a shrewd former Democratic member of Congress from Chicago – reflecting on how Congress really works – once observed: “All the matters here is the votes. Everything else is [baloney].”
Right now, Obama and the Democrats should be concerning themselves solely with cobbling together bare majorities in both houses to achieve final passage.
Kenya has a credit rating of B from Standard & Poor’s, five levels below investment grade, and is ranked one level higher at B+ by Fitch Ratings.
New York City Tax charges: Nigeria owes $16 million?
USAfrica: The News & Opinion Leader for Africans and Americans.
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New York City has filed suit in the U.S federal district court for the Southern District of New York against the federal government of Nigerian government for [...]
South Africa gets out of recession; grows GDP
USAfricaonline.com wt wire reports
Statistics South Africa has reported that South Africa’s gross domestic product grew by an annualized rate of 0.9% in the third quarter compared with the preceding quarter. This beats analyst forecasts for 0.5% growth and growing concern of the country’s leaders.
“The short-term indicators seem to [...]
Eighteen killed in Ghana gold mine disaster
By David Adadevoh (AFP) – 1 day ago
ACCRA — The roof of an illegal gold mine in Ghana collapsed killing at least 18 people, including 14 women, in one of the worst mining disasters to hit the African nation, police said on Thursday.
Thirty miners were believed to be inside [...]
USAfricaonline.com: Medical building is for SALE. 8411West Bellfort (near Gessner), Houston, Texas 77071
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South Africa issues arrest warrant for biz man for $1.6 bln fraud
Cape Town: An arrest warrant has been issued for a South African businessman accused of orchestrating a 12.5 billion rand ($1.65 billion) fraud, Finance Minister Pravin Gordhan said on Tuesday. Lawyers and investigators working for investors have accused Barry Tannenbaum of operating a Ponzi-style scheme [...]
South Africa’s 2009 economic growth fall 2.0%
South Africa’s economy will likely contract by around 2 percent this year, Finance Minister Pravin Gordhan has said.
“In South Africa we were doing quite well as a modest economy with an average growth of about 5 percent in the last five years. For this year we’ll probably be closer [...]
I would hope that the next time Nigeria is to spend N420 billion that proper steps are taken to protect the interest of Nigerians and the oversight responsibility of the Legislature, is sought and obtained. It is important that adequate legislation is on the books to help protect the interest of the people and that no person or any agency of the government is in position to act as a lone ranger, and that such a person’s wisdom or intention should not be the justification for such a massive expenditure.
The goal of the African Development Bank (AfDB) Group is to create sustainable economic development and social progress in its regional member countries (RMCs), thereby helping to reduce poverty. This is achieved by mobilizing and allocating resources for investment in RMCs & providing policy advice and technical assistance to support development efforts.
Nigerian banking is being pulled from the crisis and profligacy of the past 5 years inflicted by bank executives and some failings on the part of the regulators. Hence, more pragmatic steps seem to be taking shape, led newly-appointed Central Bank of Nigeria Governor Sanusi Lamido, to arrest the ugly situation. Regardless, charges of regional (northern) favoritism, accusations of unfair and hasty leap have been placed at his doors by some southern Nigerian bankers and beneficiaries of the previous order of things. USAfrica’s researcher since 1994 and Principal Policy analyst for Afripol EMEKA CHIAKWELU explores this issues and its implications
Light rail holds too significance to the Bayou City of the 21st century to be considered only so casually, disjointedly and often from partisan political prism.
What is important here is that the contract brings to active life an expansion of light rail in this city. It is worth celebrating given that organized partisan opposition to light rail has been the Achilles heel of mass transit in Houston.
Special Adviser to the President on Petroleum Matters, Dr. Emmanuel Egbogah, who made these known said “Nigerian LNG has a total installed capacity of 22 million metric tones of LNG per annum. In addition to the Nigerian LNG, other LNG projects such as the Brass, Olokola and other third party LNG plants are awaiting final investment decision, which is dependent on resolution of gas supply issues. The Brass and OKLNG facilities when completed, will add more than over 30 million metric tones of additional LNG capacity for export.”
Beyond the media-pr hype, based on actualities , interface, reliability, and features, I think this first Palm Pre might just be Pre(mature) in comparison to the iPhone 3.0. The iPhone is a significantly better platform; it’s a better phone, years ahead as a phone-music player, greater and more effective utilitarian mobile device with a universe of options; period! Without a doubt, the marketing zing of Pre can only go so far; where the Pre rubber meets the road, the superior capacities and interface preeminence and overwhelming assortments of software options make the iPhone a much better choice.
Second, Obama is in Ghana principally for America’s core strategic interests: Oil. I know that oil and stable access to oil are vital parts of U.S national security interest across the west African Gulf of Guinea region. Ghana recently discovered billions of barrels of oil reserves. U.S corporations, especially Exxon Mobil and Chevron are also investing heavily in the area. Operationally, the U.S has re-fueling hubs in Ghana. Also, worthy of note is the US National Intelligence Council (NIC) estimates that by 2015, 25 percent of American oil imports will be derived from west Africa. It is roughly 14 to 16 percent to date, amidst massive disruptions in Nigeria’s Niger Delta. Ghana is stable while the Middle East and parts of Nigeria are increasingly dicey for America’s hard-nosed, long-term interests. Ghana is certainly valuable to the U.S convergence of interests on the arenas of military, oil and democratic credentials.
