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    Nigeria's universal banking model to end in October-cbank

    Nigeria will stop issuing universal banking licences next month and enforce new minimum capital requirements for lenders in a bid to avoid a repeat of last year's near collapse of several banks.

    Frontier Africa funds enjoy record inflows

    African equity funds have attracted net new cash in 51 of the last year's 52 weeks, EPFR Global has said, underscoring the evolution of the continent's frontier markets as a serious investment play.

    Rich countries and their leverage on Africa

    Global demand for natural resources will bring benefits to Africa - increased FDI and improved balance of trade figures - but one of the main concerns is that the scramble for Africa is fuelling corruption, environmental degradation, and internal dissent, writes Ravinder Rena.

    Africa enjoying private equity funds boom - OECD

    Private equity funds in Africa are soaring, the Organisation for Economic Co-Operation and Development (OECD) said on Tuesday, describing the development as the "African investment story to watch". (Reuters)

    Africa in 2008: Breaking Down the Growth

    For four consecutive years, Africa has experienced record economic growth. Overall in 2007 the continent registered 5.7 per cent GDP growth and a per capita increase of 3.7 per cent. Indications are that growth will only accelerate in 2008 and remain buoyant in 2009. (OECD)

    Poor could gain as commodities soar

    Though painful for consumers, soaring oil prices - along with increasing grain and metal prices - are not universally bad news. (BBC)

    Slave trade: a root of contemporary African crisis

    The slave trade was a crucial part of the development of international capitalism. The role of African ruling classes in the trade was not very different from the position of contemporary African elites. They both traded the resources of their people for self-gratification, argues Tunde Obadina.

    When Will Ethiopia Invest in Ethiopia?

    Ethiopia needs to invest more on manufacturing its own goods. The country has the resources to achieve this. What is lacking is the political will, argues Eleni Agiz.

    The Myth of Neo-Colonialism

    Blaming Africa's woes on colonialism and neo-colonialism strikes a cord with many educated Africans, but the focus on external forces has drawn attention away from internal factors crucial to an understanding of Africa's condition. With or without colonialisation, African societies would still today be faced with fundamental economic dilemmas, argues Tunde Obadina

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