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“Cash Back”: Diaspora Remittances to Somalia
As of May 2011, annual remittances to the continent of Africa exceeded 40 billion US dollars. According to the World Bank, remittances to sub-Saharan Africa totaled 21.5 billion USD. “Cash backs” from emigrants to the Global South have become essential to local economies. In the case of Somalia, it began […]
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Record Gold Prices Spur More Illegal Mining
The practice of illegal mining is ages-old and in resource-rich Africa as constant as the harshness of the rising sun. Governments have battled with this informal sector for decades with laws that seek to place mining under a legal regime. The benefits to government would presumably be to increase tax […]
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Goodbye Satellite, Hello Fibre Optic Cable
Seychelles and the fibre optic cable The Republic of Seychelles is a developing country comprised of 113 islands. Geographically isolated 900 miles from the east coast of Africa, its 88,000 citizens depend greatly on telecommunications for information from the outside world. While television satellite and mobile phones are readily accessible […]