Starbucks to ditch plastic straws globally by 2020

NEW YORK — Starbucks will eliminate plastic straws from all of its locations within two years, citing the environmental threat to oceans. The strawless lids will begin to appear in Seattle and Vancouver Starbucks this fall, with phased rollouts within the U.S. and Canada to follow next year. It will then spread to European countries […]

Angola debt repayment positively impacts Namibia’s foreign reserves: central bank

Namibia’s central bank, Bank of Namibia (BON), said Friday Banco Nacional De Angola (BNA) has settled its outstanding obligation to Namibia, with the last payment of 51.1 million U.S. dollars. BON Deputy Governor, Ebson Uanguta at the media briefing Friday in Windhoek said the settling of the outstanding obligation is a demonstration of the excellent […]

Price of bourbon and Levi’s to soar as EU hits back at US

The list of US products hit includes bourbon whiskey, cranberries, cosmetics, motorbikes, orange juice and jeans. The European Union’s retaliatory tariffs come into force today targeting American products, including whiskey, motorcycles and peanuts. Its duties target goods worth $3.3bn (£2.5bn) after the United States imposed tariffs on the bloc’s steel and aluminium. President Donald Trump […]

DRC ready to push ahead with Inga 3 project

The Democratic Republic of Congo plans to start work in 2018 on the frequently delayed Inga 3 hydropower project, after receiving a joint bid from two previously competing groups of investors. A treaty signed in 2013 provided for the Inga 3 plant to export 2,500MW of the 4,800MW of the power produced to SA. About […]

African borrowing gets smarter

By Thomas Collins Akinwumi Adesina, President of the African Development Bank (AfDB), recently revealed that Africa’s annual infrastructure gap now stands at as much as $170bn. For many this will come as a shock. Only last year the bank projected a figure of $90bn – almost half. As Africa’s population booms – Nigeria for example will […]

Google’s next A.I. research center will be in Africa

By Justina Crabtree Google will open an artificial intelligence (AI) research center in Accra, Ghana, later this year, its first on the African continent. Other African cities including Addis Ababa, Kigali and Lagos have also been pushing their credentials as tech hubs. Ghana likely appealed to Google because of its high quality education system and […]