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Nigerian contemporary art booms and prices soar

Lagos, Nigeria | AFP | First there was Tutu, the “African Mona Lisa” sold last year for 1.5 million dollars. Then a second portrait by revered Nigerian painter Ben Enwonwu, called Christine, sold in mid-October, for 1.4 million dollars. Both record sales of famous works by the late “father of African …

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4 Burundian journalists held for undermining state security

Nairobi, Kenya | AFP | Four journalists and their driver are still being held in Burundi after being arrested for undermining national security while covering a rebel attack from neighbouring DR Congo, the attorney general said. The Burundian reporters were detained on Tuesday last week while reporting in Bubanza, in the …

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Kenyans say UK stole land for tea, push for UN inquiry

Kericho, Kenya | AFP | Kibore Cheruiyot Ngasura was just a small boy when his family was violently expelled from their ancestral land in Kenya’s lush tea-growing western highlands by British colonizers, and banished never to return. Eighty-five years later he still bristles at the memory, recalling the fear and confusion …

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AfroChampions Initiative presents $1trn AfCFTA investment framework

The AfroChampions Initiative held its second conference on sustainable green growth and industrialisation in Kigali, Rwanda. Kigali, Rwanda | TOM COLLINS | The AfroChampions Initiative, a set of public-private partnerships designed to leverage resources and funds to create more multinational corporate champions in Africa, has proposed a $1trn investment framework …

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Egypt, Ethiopia to meet in Washington over Nile dam

Cairo, Egypt | AFP | Egypt’s foreign minister confirmed Tuesday that his country would take part in mediated talks in Washington next month over a controversial dam Ethiopia is building on the Nile. Egypt, Sudan and Ethiopia “will meet in the United States on 6 November… to break the deadlock in …

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COMMENT: Tariffs and Intra-Africa trade

  Significant reduction or elimination of tariffs would boost intra-Africa trade to more than 50% COMMENT | Damali Ssali |  There are several factors that influence the value and volume of trade. However, tariffs on tradeable goods and services are one of the most significant. International trade grew dramatically in the …

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