Many years ago, a Dubai Sheikh realized that Dubai’s oil will soon run out, so he put in place measures to build up an economy in that could survive the end of the oil boom. The result is the present day Dubai. What happens to the nations of Africa when their timber, gold, diamond, crude [...]

African runners swept the Men’s Marathon race Sunday on the last day of the 29th Olympic Games in China. In all, athletes from more than a dozen African countries won medals in events ranging from running and football to swimming and kayaking. VOA’s Scott Bobb reports from Beijing. Take a listen:

Follow the African athletes at Beijing Olympics in multimedia; contents updated round the clock.

China’s need for raw minerals to fuel its growth, has embraced the Africa continent on a new wave of “business relations” which has angered the West. This month marks the beginning of more than 2,000 miles of road constructions by China in the Democratic Republic of Congo.
This is a £4.5 billion deal signed by [...]

As everyone knows, news from China is not really being broadcasted around the world in real time.
From a direct source from Beijing I found out something rather…surprising. Since the Beijing Olympic Games are about to start, the local government decided to organize police raids to arrest the drug dealers selling cocaine and heroin in [...]

Fast Company has a six-part series on China’s incursion into Africa. Excerpt:
While America is preoccupied with the war in Iraq (cost: half a trillion dollars and counting), and while think-tank economists continue to spit out papers debating whether vital resources are running out at all, China’s leadership isn’t taking any chances. In just a [...]

A Security Council draft resolution to impose severe sanctions on Zimbabwean president, Robert Mugabe, and some of his closest allies was just vetoed by Russia and China. Both powers have argued that such measures are not necessary. Rarely do super-powers veto resolutions. However, the fragrant difference of opinion between the “West” and the “East” is [...]

June promises to be a good month for Africa, business wise.
The 8th Leon H. Sullivan Summit comes to Tanzania, Arusha (June 2 - 6, 2008). The Leon H. Sullivan Summit is named after the first African-American to sit on the board of a Fortune 500 company - together the world’s political and business leaders, [...]

With 110,000 paid employees and a $482 million annual budget, BRAC is the largest antipoverty group in the world. Using an incentive-based entrepreneurship program aimed at the poor, the NGO has helped pull Bangladesh out of the ashes. Now big nonprofits are throwing money at BRAC and pushing it in Africa’s direction, but can it do same in Africa?