Essential The Africa the Media Doesn't Tell You About

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Provide proof that Tuaregs were prototype Berbers.
The Ancient Egyptians fought the Ancient Libyans before Rome was a central Italian town and when Greece was mired in its ignorant poverty.
Those paintings were found in Central and Southern Libya, not coastal Libya - where the enemies of Ancient Egypt lived.


The Libyans are in the right,down quadrant of the above image.

so i ask you to provide proof of your erroneous claims and you post a vague photo:pachaha:so you got proof that the pale skins/ socalled Libyans the Kemites fought weren't the same Romans/Greeks whom colonized Ancient Libya or am I supposed to just take your word for it:comeon: those paintings are found all over North Africa(Maghreb territory/ancestral land and back that video the negro mummy found in Libya proving the original people of the region were black.
 

The Odum of Ala Igbo

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so i ask you to provide proof of your erroneous claims and you post a vague photo:pachaha:so you got proof that the pale skins/ socalled Libyans the Kemites fought weren't the same Romans/Greeks whom colonized Ancient Libya or am I supposed to just take your word for it:comeon: those paintings are found all over North Africa(Maghreb territory/ancestral land and back that video the negro mummy found in Libya proving the original people of the region were black.

Greeks/Romans dressed differently and were not in Libya at that time that hieroglyphic was painted. Libya, as the ancients described, was a very large region of the Ancient World. I don't think it's difficult to believe that pale-skinned Libyan tribes lived near the coast while dark-skinned Libyans, who lived in cities and raced ostrich-chariots, lived in the interior.

Moreover, I think your assertions are largely unproven.:jawalrus: I just had a discussion with a friend who's pursuing an M.A. in Ancient Kemet. By the way, he firmly believes the Ancient Egyptians are black for you begin to call this guy, "Toby". :francis:Anyway, he says that Ancient Egyptians depicted and describes the Libyans tribes to their West as pale-skinned. Even paler skinned than the Semites who lived to their East.

However, because the Ancient coastal Libyans left no monuments or works that have lasted to the present depicting their people, let us rely upon the Ancient Kemetians to speak on their behalf.
 
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Greeks/Romans dressed differently and were not in Libya at that time that hieroglyphic was painted. Libya, as the ancients described, was a very large region of the Ancient World. I don't think it's difficult to believe that pale-skinned Libyan tribes lived near the coast while dark-skinned Libyans, who lived in cities and raced ostrich-chariots, lived in the interior.

Moreover, I think your assertions are largely unproven.:jawalrus: I just had a discussion with a friend who's pursuing an M.A. in Ancient Kemet. By the way, he firmly believes the Ancient Egyptians are black for you begin to call this guy, "Toby". :francis:Anyway, he says that Ancient Egyptians depicted and describes the Libyans tribes to their West as pale-skinned. Even paler skinned than the Semites who lived to their East.

However, because the Ancient coastal Libyans left no monuments or works that have lasted to the present depicting their people, let us rely upon the Ancient Kemetians to speak on their behalf.
yeah just disregard all the earliest and only ancient depictions of people in Libya being black Africans and the oldest fossil(a mummy) found in Libya being a black African and take cacs word that whiteys found in Egyptian hieroglyphics are indigenous Africans brehs:comeon:
 

TommyHilltrigga

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IMF APRIL 2015 GDP DATA UPDATE IS OUT
2015 April estimates of nominal GDP (USD) for African countries is as follows,
1. Nigeria - 515.431
2. South Africa - 323.809
3. Egypt - 286.435 (*2014 figure, n/a for 2015)
4. Algeria - 187.166
5. Angola - 106.149
6. Morocco - 102.044
7. Sudan - 76.204
8. Kenya - 65.899
9. Ethiopia - 57.557
10. Tanzania - 49.966
11. Tunisia - 45.276
12. Ghana - 39.219
13. D.R. Congo - 39.064
14. Libya - 34.239
15. Cote d' Ivoire - 31.753
 

TommyHilltrigga

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Ethiopia will build the first electric cars in Africa
electric-cars-to-be-made-in-ethiopia.jpg

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Global Electric Transportation an American company will start making electric cars in Ethiopia in September 2015

Global Electric Transportation (GET) a cutting adage American company will start the project in September 2015 according the CEO of the company Ken Monter. Once the factory is finished it will produce just about 4000 electric cars a month he added.

The US Ambassador to Ethiopia, Patricia M. Haslach and the chief executive officer of Global Electric Transportation of the US, Ken Monter had discussed the project with the Ethiopian President Teshome Mulatu.

Patricia M. Haslach said the United States was expanding its strong relationship with Ethiopia not only in the sectors of peace and security, but also in the economic sphere. The electric car plant is part of this initiative by the US, she added. The carbon free cars will help with the enviroment and the safty of the users.

Ethiopia is one of the fastest growing economies in the world and the Ethiopian government is making sure the growth does not come at the cost of environmental cost to the people of the giant country in the Horn of Africa. It is to be recalled Ethiopia is the leading country in wind energy in Africa having completed two big wind farm projects in the past few years. The ever expanding green Ethiopian economy has attracted some big international companies.

The electric cars assembly plant will create many jobs and transfer of technology in Ethiopia. As the whole world of manufacturing is desperately moving from the traditional polluting way of making things Ethiopia is strategically placing it’self to be in the for front leading Africa.

Ethiopia with about 92 million people, a stable government and an economy growing about 11% a year is very attractive to investors.

The Ethiopian government should encourage domestic and international investors to invest in the next level manufacturing, which would include manufacturing of motors, industrial machinery, and research & development.
 

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Ethiopia’s stellar growth: Lessons for Kenya – and perhaps South Africa

Over the last decade, Ethiopia has emerged as one of the fastest-growing – perhaps THE fastest-growing – economies in Africa. Even though “double-digit” growth has become something of an official mantra, independent appraisals still put it at over 10 percent from 2003-13, double the sub-Saharan average. Growth is driven by a determined government policy of creating the conditions for development, notably through a massive level of infrastructural investment.

At first glance you know that the head-office of the Commercial Bank of Ethiopia on Addis Ababa’s Churchill Road must have been built in the 1960s. The tatty concrete rotunda has no redeeming features – save, as it turns out, its staff.

Inside the tellers are organised in a giant circle, the commercial signs advertising a plethora of money transfer agencies.

“You want to buy a bond for the Grand Renaissance Dam?” exclaimed the startled assistant. “Come with me,” she smiled, showing the way to her colleagues working the inner ring behind the tellers. Such old-world naiveté is unlikely in most places, where security takes precedence over service. “Sit down,” she said, while organising a conversion from dollars into birr.

Construction of the controversial Grand Renaissance Dam, known as the GERD, on the Blue Nile near to the Sudanese border began in 2011. When completed in 2017 it will produce 6,000 MW, making it the largest hydro-electric plant in Africa. With the turbines and other electrical equipment to be funded by Chinese banks to the tune of $1.8 billion, the remainder of the $4.8 billion bill is to be met with the Ethiopian government, financed in part through the bond, targeting diaspora and local Ethiopians.

A group of three Chinese men scuttled past as the bond forms were completed, pushing a trolley on which rested three bulky black holdalls.

Available in amounts from 25 to 1 million birr, and with a dollar denominated option, not many individual foreigners have so far taken up the offer. “You are the second,” said Eyob, the bank manager, “we had an Italian in here some time back”. An Italian construction firm is building the dam, memories of darker days of Abyssinian invasions forgiven. Indeed, Ethiopians exhibit a remarkable pragmatism about their history, intent mostly on looking forward, not back. As one official publication notes about the “Italian colonialists”, they “made enormous efforts to modernise the country with the construction of the first proper road network and numerous public buildings”.

“You want interest?” Eyob asks, frowning, before filling out the colourful bond certificate. A little surprised at that request, he was more perplexed by the stipulated date of repayment. “Why 2025?” he laughed. “Most Ethiopians give just five years”.

Without much in the way of natural resources and, since the independence of Eritrea in May 1991, landlocked, and with its population rising fast towards the hundred million mark, Ethiopia’s development options seem limited.

Yet, so far the absence of natural resource driven growth has proven an advantage.

Over the last decade, Ethiopia has emerged as one of the fastest-growing – perhaps the fastest-growing – economies in Africa. Even though ‘double-digit’ growth has become something of an official mantra, independent appraisals still put it at over ten percent from 2003-13, double the sub-Saharan average.

Growth is driven, rather, by a determined government policy of creating the conditions for development, notably through a massive level of infrastructural investment.

Ambitious plans are afoot for a massive expansion of the rail network, hitherto confined to the ancient railway from the port at Djibouti to Addis Ababa, which has now been upgraded from narrow to standard gauge, which should be in operation by 2016. The 700-km line is being built at a cost of $4-billion by Chinese companies. Ethiopia is seeking to have 5,000 km of new rail lines working across the country by 2020. A national fibre optic cable system is being laid to help rectify one of the major weaknesses, in telecoms. In addition to the GERD, there are a number of smaller but still significant hydro-electric projects underway elsewhere, notably on the Gibe River in the south of the country.

Funding for infrastructure has come from a mix of sources: improvements in tax revenue collection (businesses routinely complain what a pest the tax authorities have become), some concessional financing (mainly from China) and other donors who provide around $3 billion annually from grants and loans, and domestic borrowing. Local banks are required by government to convert up to 27 percent of their holdings into government bonds to finance infrastructure, including the grand dam, this pressure-point one of the reasons why Ethiopia has so far not permitted foreign banks to open operations. What effectively amounts to a forced loan to the state has created something of a local banking liquidity crisis.

Now the key question is whether Ethiopia can create or attract the level of private sector productive enterprise needed to turn this infrastructure into the basis for a functioning modern economy.

Private sector development and growth has rhetorically, at least, become a government refrain. As the state minister of finance Ahmed Shide puts it, “success to our plans will now be determined by the response of the private sector. Investment is key in this. This process can’t just be led by the state which can’t itself generate wealth; it can only facilitate it.”

In this, amidst the debate about whether “Africa can be the next China” as manufacturing input (especially labour) costs rise in Asia, Ethiopia “wants”, he says, to be the light manufacturing hub of Africa. Ethiopian workers cost one-tenth the price of those in China for example. This view is a refreshing departure from South Africa-speak about not “struggling to work in sweat shops”.

The establishment of “Shoe City” by the Huajian Group in the eastern industrial zone, now employing 3,200 workers making 180,000 pairs a month, came about as a result of a personal invitation to the company’s founder to open a plant by Ethiopia’s late Prime Minister Meles Zenawi during a 2011 trip to China.

There are six such industrial zones now in Ethiopia, offering low or zero tariffs on imported manufactured goods, and tax holidays of up to seven years. Another 20 Chinese firms have joined Huajian in the eastern zone, 37kms from Addis.

Kenya, bordering on Ethiopia to the south, has similarly ambitious infrastructure aims. A new $25-billion port complex is planned for Lamu. A $3.5-billion standard-gauge railway is currently under construction from Mombasa to Nairobi and, possibly, beyond.

There are other parallels. Both have young populations, Kenya’s median age at 19 versus 17 in Ethiopia. Both are highly dependent on agriculture (comprising half of GDP and absorbing 85 percent of the workforce in Ethiopia's case, 30 percent and 75 percent in Kenya’s). They run similar budget deficits, levels of public debt are equally high above 50 percent of GDP, and poverty in both remains around 40 percent of the population.

There are differences, of course. While Ethiopia is landlocked, Kenya is the gateway to South Sudan, Rwanda, Uganda, Burundi and Congo in eastern Africa. Kenya’s nominal per capita GDP is, at $1,250, more than twice that of Ethiopia (US$ 570 estimated for 2014). Nudging 100 million, Ethiopia has more than double Kenya’s population, and twice the land area.

But most notably, the dissimilarity centres around security and governance, key factors affecting respective development trajectory, whatever Kenya’s comparative advantages of geography and arithmetic.

Perhaps the most important reason for Ethiopia’s stellar growth performance is its political stability. It has, for a start, a state that works – in striking contrast to many other African countries such as, most obviously, Kenya or Nigeria. The oldest state in Africa, and the only one to retain its independence through the colonial era, it rests on engrained habits of command and obedience. This creates its own problems, but it does mean that the government has a capacity, shared by few African states, to make and effectively implement policies.

Especially over the last decade, since a political crisis in 2005 that raised serious questions about its survival, the government in Addis Ababa that seized power from the Derg military junta in May 1991 has devoted itself single-mindedly to creating a ‘developmental state’ based on east Asian models. This is most visible in the dramatic expansion in the scale and quality of the road network, and urban development not only in Addis Ababa – now a megalopolis of some seven million people – but in cities throughout the country. Further education has likewise boomed, with over thirty universities geared especially to turning out graduates in engineering and natural sciences, though their quality is certainly questionable.

Read the rest: http://www.dailymaverick.co.za/artic.../#.VT6VoSFVhBc
 

TommyHilltrigga

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African revival shifts east
Deutsche Bank Research

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Africa has been one of the fastest-growing regions in the world. Since 2000, the frontier economies of Sub-Saharan Africa have grown at an annual average rate of 6.3%, a little faster than the larger emerging markets.

One popular view is that this early success will not last. It is simply a manifestation of the super cycle in commodities and strong demand from China in particular. There are good reasons for this. The region is heavily dependent on natural resources and its fastest-growing economies have tended to be the more resource-intensive ones.

Among the oil producers, support for reforms that proved elusive when revenues were booming may now be forthcoming. Lower oil revenues are intensifying the momentum to diversify the oil economies, particularly in Angola and Nigeria.

Most countries in Africa are energy importers and will benefit from lower oil prices. Many are also largely producers of soft commodities, which should be less sensitive to the slowdown in capital spending in China.

On balance, we think that the region’s centre of economic gravity will shift towards the less resource-intensive countries of east Africa, including Ethiopia, Kenya, Mozambique, Tanzania, and Uganda. They are economically more diverse and beginning to form a relatively large and well-integrated regional market. Investment flows, including from China, have already begun to shift in this direction.
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Premeditated

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Let American media continue to give the wrong perception of Africa , they don't need their approval it's not going to prevent them from rising to the top . I rather them keep it confidential so cacs don't tainted black excellence and try to capitalize hard body .
this :yes:

I also agree with @Carl Johnson
The earliest population in N Africa(or atleast Libya) were black Africans. The earliest remains they have found was a black child from the green Sahara. And I'll take a mummy as more evident over some Egyptian pictures that can be more misleading. Like that picture that was posted earlier highlighting what the Libyan looked like according to the Ancient Kemets. We don't know what era that was made and by that time, the Eurasians might have already taken over the area.
 
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Poitier

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What’s at stake when Ethiopians vote next month
April 30, 2015


Image via 'kola
The tragic but fleeting headlines about the plight of Ethiopian migrants in Libya, Yemen and South Africa have shadowed another more consequential event: Ethiopia’s parliamentary elections, slated to take place in less than a month on May 24.

This will be Ethiopia’s first vote without Meles Zenawi, the country’s leader of two decades,who died in 2012. Zenawi’s ruling party, the Ethiopian People’s Revolutionary Democratic Front (EPRDF), “won” the last four elections, including a whopping 99.6 percent of parliamentary seats in the 2010 polls.

This year’s election comes at a crucial juncture for the Horn of Africa nation of 94 million people. Touting the country’s improved economic fortunes, the ruling party is all but certain to continue with its “winning” streak. To the party’s credit, once a country with extreme famine, poverty and underdevelopment and a subject of Bob Geldof’s live-aid concerts, under EPRDF’s rule Ethiopia has seen relative economic gains and improved access to basic education and basic health care in rural areas.

Hailed as one of Africa’s fastest growing non-oil economies by neoliberal organizations and western “experts,” Ethiopia has emerged as an attractive destination for investment capital. Global agribusinesses, garment industry moguls and retail chain operators looking for greener pastures have begun to eye the country, thanks to its cheap raw materials, an abundant workforce, a growing consumer class and lax labor laws and the government’sability to seize land in southern Ethiopia to “gift” to big agribusiness.

Western countries are also increasingly looking to Ethiopia to help tackle key regional issues, including U.S. counterterrorism efforts against Somali militants, civil war in neighboring South Sudan and most recently the Ebola pandemic in West Africa. Ethiopia sent 187 health workers to West Africa as part of the AU mission to help combat the deadly Ebola outbreak.

This picture of Ethiopia gives a portrait of a nation emerging out of the doldrums and taking its rightful place as a regional powerhouse. That is certainly the thinking in Addis Ababa. Even as Ethiopian leaders look east — to emulate the success of state-led development in East Asia — some in the West view Ethiopia as a model for donor-funded development and neoliberal economic reforms. Ethiopian government operatives have been successfully feeding this feel-good, “Ethiopia rising” story to foreign diplomats and the western media, with notable success.

This is however an incomplete, not to mention a clichéd, picture of Ethiopia. Even if one acknowledges modest economic gains, the beneficiaries have not crossed the narrow circle of the well-connected upper business class and associates of the ruling party. Beneath the headlines about massive investment in infrastructure and mega hydroelectric dams financed by the government and rosy forecasts by multinational financial institutions lies a burgeoning and increasingly repressive police state.

That’s not all. Unemployment among urban youth hovers above 50 percent. In a country where 60 percent of the population is aged 30 and below, it is no wonder that the regime is intolerant of any form of dissent, imprisoning journalists and bloggers, including for comments on social media. One of the top ten worst jailers of journalists in the world, along with China, Iran and North Korea, Ethiopia has locked up, forced into exile, or cowed nearly all of the country’s independent journalists into silence using a sweeping anti-terrorism law widely being used to muzzle the press.

Media watchdog groups, international human rights organizations, and the U.S. State Department’s annual country report have all documented pervasive and ongoing human rights abuses. As authorities in Addis Ababa prepare for yet another sham election, the fifth such circus since the EPRDF took power in 1991, a lot of questions remain unanswered.

Even by Ethiopia’s own standard, the 2015 elections appear to be far less competitive than the last two polls. The country’s one-time vocal opposition is all but decimated, in part because of their own undoing but largely due to the ever-tightening political space and the lack of freedom to organize.

The upcoming polls are crucial for other reasons as well. Ethiopia has witnessed some interesting, if unsurprising, developments in the intervening years since the last election. For example, from late 2011 to early 2013 the country’s restive Muslim population heldsustained, peaceful and highly disciplined protests opposing the government’s interference in religious affairs. In response, the government jailed the 17-member committee, which was elected to represent protesters in talks with the government, using its draconian anti-terrorism law. There are reports that the sit-ins and Friday protests at mosques around the country that distinguished the Let Our Voices be Heard movement, which organized Muslim protests, are likely to return as the campaign season heats up.

Within the shaky ruling EPRDF coalition itself, reports of internal discontent abound. Competing groups and rival centers of power battle for influence exposing the country’s enduring ethnic fault lines. The EPRDF is made up of four major parties representing ethnic Tigrean, Amhara, Oromo, and Southern nations and nationalities. Zenawi’s untimely death elevated Hailemariam Desalegn, an unlikely choice from one of the mishmash of southern nations and nationalities, to prime minister, the highest office in the land. But other coalition partners, including some from among the southern nations and nationalities, have not always viewed his elevation favorably.

A few months into his stormy term of office, Desalegn appointed three deputies. While to some this was meant to project a semblance of ethnic balance, to many others it raised the specter of collective leadership, a euphemism for a state within a state. Despite what wasthen billed as a major shakeup, the reins of power still rest with the dominant Tigrean elites who control the country’s expansive military and behemoth security apparatus.

Tension between the motley of urban-based opposition groups, mainly hailing from the Amhara ethnic group, Ethiopia’s previous rulers, and the Tigrean oligarchy have been ratcheted up in the prelude to the May elections. The electoral board, accused rightly as an extension of the ruling party, has disqualified on flimsy grounds the participation of Andinet – the only opposition party represented in the outgoing parliament.

Ethnic Oromos, who constitute half of the country — both in terms of landmass and population — loathe their continued marginal status. A convergence of recent events is now testing this long-held patience.

A generation of Oromo has come of age under the current regime, learning in their native Oromo language, for the first time as per the dictates of the country’s ethnic federalism. Incensed by the feebleness of the Oromo People’s Democratic Organization, the Oromo coalition partner in the ruling EPRDF, to press for a meaningful participation of the Oromo in the federal government, young people are increasingly vocal about its call for a robust and meaningful regional autonomy. The advent of social media and the Internet has helped bridge communication gaps between local activists and the vocal Oromo diaspora. This is giving way to resurgent and assertive narratives that utilize social media to agitate for the advancement of democracy and human rights and an end to one-party rule. In April and May 2014, student protests opposing Addis Ababa’s expansion into surrounding Oromia townstouched off a deadly standoff with security forces, leaving scores dead and many wounded and imprisoned.

In October 2014, the London-based Amnesty International released a damning report on rampant human rights violations in Ethiopia targeting the Oromo. According to the report, upwards of 5,000 Oromo nationals languish in detention since 2011 on the bases of real and imagined opposition to the central government — sometimes for simply wearing traditional clothes adorned with Oromo nationalist symbols. Amnesty’s report, which Oromo activists say underestimates the actual number of those incarcerated, offers a rare insight into the overreach characteristic of paranoid police states.

The unaddressed Oromo question and Addis Ababa’s reluctance to fully implement the country’s constitution raise series questions about Ethiopia’s future. The absence of competitive, free, and fair elections does not offer the populace a venue for the public to vent its frustrations, let alone a means to find durable solutions for the countries mounting problems. While the urban-based opposition blame ethnic polarization as the mother of Ethiopia’s growing political ills, the ruling party casts ethnic federalism as the only glue holding the country together. Others, like the Oromo, who in principle support the ethnic federal formula, lament the ruling party’s practice of instituting a highly centralized and repressive polity in the guise of federalism and democracy.

Ethiopia’s current political dispensation was the result of a violent reaction to the same highly centralized and repressive rule, that of the previous communist military junta known as the Dergue. The Dergue’s strongman leader of 17 years, Col. Mengistu Hailemariam, was finally forced to flee the country after he was squeezed from all directions by a loosely aligned group of ethnic guerrilla fighters, including the Tigrean People’s Liberation Front (TPLF), the kingmakers in EPRDF, the Eritrean People’s Liberation Front (today’s rulers of the breakaway state of Eritrea), and the Oromo Liberation Front. Mengistu fled to Zimbabwe, where he still lives under Mugabe’s protection.

The 1991 transitional government, set up following Mengistu’s demise, drafted the current constitution as a compromise solution among the victorious hodgepodge of ethnic liberation fronts. That consensus has since melted away under 23 years of rule by the TPLF-dominated EPRDF coalition.

By all measures, the current status quo in Ethiopia is unsustainable. The May 2015 elections will do little to help subside rising tensions. In fact, many Ethiopia watchers fear that it may lead to the kind of instability that erupted in the aftermath of the 2005 elections, after the opposition scored a smashing victory in the polls only to be snatched away at the barrel of the gun. Tensions are already starting to show. On April 22, thousands of people marched through Addis Ababa condemning the killings of nearly 30 Ethiopian Christians by the Libyan branch of Islamic State. The protesters also voiced their frustrations over the lack of economic opportunities and political freedom, which pushes many a youth to make perilous journeys to Europe or the Middle East. Authorities responded as they always do: By beating and arresting protesters.

Touting the improved economic outlook and various infrastructure projects as a mandate, the EPRDF openly vows to rule the country indefinitely. The opposition has no chance to organize a protest, let alone emerge as a credible alternative to the regime. Learning from its debacle of 2005, the ruling party has considerably narrowed the political space as to preclude any such surprises. By so doing, it might have raised the specter of instability that has marred Ethiopia throughout its history putting the country’s recent modest economic gains in grave jeopardy. Ethiopia’s Western allies, particularly the U.S., continue to ignore the writing on the wall and look the other way in the face of entrenching authoritarianism, in large part thanks to the country’s outward projection of stability in the deeply troubled Horn of Africa.


http://africasacountry.com/whats-at-stake-when-ethiopians-vote-next-month/
 
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The people in these images look like Tuaregs. Tuaregs are related to Berber peoples and are sometimes considered a type of Berber, but they are not Berber. The Ancient Egyptians depicted Berber tribes in Libya as being pale-skinned. Not all peoples on the African continent were as dark-skinned as Michael Jordan or Wesley Snipes. Although Berber peoples tend to be light-skinned, I find it strange to call them 'white', which is usually used to describe people of European descent.

thats actually not true. http://www.africaresource.com/rasta...ing-to-european-perceptions-by-dana-marniche/

The Appearance of the Original Berbers According to European Perceptions

All the early major Berber tribes including the Masmuda, Sanhaja, Ketama Zenata and Nafusa are described as dark reddish brown like the “Indi’ or as “blacks” or Ethiopians in early documents. The notion of the early Berbers as being “whites” or Caucasoid is a new and racist one related to the concept of the African “Hamite”. Certainly the original Berber-speakers were never referred to as anything but “black” or something near it until the 12th century and were otherwise considered the color of Abyssinians and other so called “Indi”.
 

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JumpStart Africa makes crowdfunding available to African entrepreneurs
July 21, 2014 » Business & Video3 Comments

JumpStart Africa is the first crowdfunding platform to revolutionize the way the world supports Africa by backing innovative projects developed by African entrepreneurs. Simply put, JumpStart Africa is Africa’s Kickstarter.

All entrepreneurs face great challenges – coming up with the perfect idea, finding the time to develop a plan, etc. – but those in Africa have an even harder time securing funding for such projects. Banks aren’t as supportive and investors are generally scarce due to challenging business environments and legal structures. Online payments remain a challenge for many in Africa, but there are a growing number of solutions that allow more people to start and support businesses.

JumpStart Africa aims to change that by creating a uniquely African online platform to attract attention for African entrepreneurs. The process to create a campaign is similar to other crowdfunding campaigns – set a campaign length, set a fundraising goal, create a video, and set perks. What sets JumpStart Africa apart from other crowdfunding sites is a dedication to African ideas. Potential backers already know that all projects on the site are intended to empower African entrepreneurs and can therefore understand the projects through a more refined lens.

Though the site isn’t 100% live, JumpStart Africa is already accepting projects to help aspiring entrepreneurs raise the funding they so desperately need. We had the chance to test-drive the platform and we must say the flow is seamless. Nearly all features are similar to those found on popular sites Kickstarter or Indiegogo (a good thing!). If a project is successfully funded, JumpStart Africa will apply a 10% fee.



In the meantime, we encourage you to signup for the newsletter and better yet, considering submitting a project. Projects can fall into any category (art, comics, craft, design, fashion, film, games, music, photography, publishing, technology are all free game) as long as they lead to an eventual product.

Plus, Jumpstart Africa is hosting a free Q&A session with their Founder, Ahmed Zrikem, on July 31st. This is a great opportunity for aspiring entrepreneurs and innovators to meet with a seasoned African entrepreneur live via Google Hangout.

Note: JumpStart Africa is accredited by the Crowdfunding Accreditation for Platform Standards (CAPS).
 
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Diaspora sent $32.9 billion home to Sub-Saharan Africa in 2014
40 percent of Somali families rely on remittances.(Reuters/Omar Faruk)
WRITTEN BY
Hanna Kozlowska@hannakozlowska
April 23, 2015
Remittances sent to Sub-Saharan Africa have increased by 2.2% in 2014,the World Bank estimates. Growth is expected to slow to 0.9% this year, and then bounce back to grow by as much as 3.8% in 2016 and 2017.

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The money is crucial to many of the continent’s economies. In 2013, cash remitted by families outweighed Western aid, according to one analysis.




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Nigeria saw $21 billion flow in—two-thirds of all diaspora remittances to the region. The money financed a third of the country’s imports in 2013. Africa’s most populous country is the fifth largest recipient of remittances in the world, following India, China, Philippines and Mexico.




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http://qz.com/389111/diaspora-sent-32-9-billion-home-to-sub-saharan-africa-in-2014/
 
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