Malawians are anticipating the completion of a $350.7 million project geared at reducing the cost of doing business in Malawi by expanding access to electricity. The US funded Millennium Challenge Corporation compact, which is being implemented by the Millennium Challenge Account Malawi, is intended to improve the availability and quality of the power supply by increasing the throughput capacity and stability of the national electricity grid and increasing efficiency of the hydro power generation.
Investments in agricultural research and development has tremendously enhanced agricultural productivity in recent decades, representing significant progress in African countries south of the Sahara, according to a new report issued by the International Food Policy Research Institute. In the report tagged “Taking Stock of National Agricultural Research and Development Capacity in Africa South of the Sahara,” the institute found that African countries south of the Sahara will need to double their investment in agricultural research and development if United Nations and African Union targets are to be achieved.
Despite the global economic and financial crisis in recent years, African economies have continued to record average annual economic growth of five percent since 2000. According to African Development Bank, the region’s economies are likely to expand by an average 4.8 percent in 2014 from 3.9 percent last year, rising to 5.7 percent in 2015. In fact, six of the world's fastest growing economies are in Africa, making the continent the world's second fastest growing region. Yet, vulnerable employment remain the reality for the vast majority of youth in the continent.
Nigeria’s entertainment and media sector is set to grow at a compound annual growth rate of 16.1 percent from $4 billion in 2013 to an estimated $8.5 in 2018, according to a new report by consulting firm PriceWaterHouseCoopers. "This represents one of the fastest growth rates in the world,” PWC says.
The Nigerian telecommunication industry has grown immensely with the mobile segment being the most active and fastest growing segment. The licensing of Global System for Mobiles led to the evolution of socio-economic activities like e-commerce, mobile payments, and social media.
As part of the Nigerian Government’s efforts for the country to attain food sufficiency, maize production has received a significant boost. Production of the multi-purpose cereal crop is rapidly increasing, and its expansion relatively steady.
  Uhuru, uhuru, tunataka uhuru!! (Freedom, freedom, we want our freedom!) These are some of the chants that became very popular during the colonization period of the 19th and early 20th centuries in most African countries, giving them strength to carry on. African freedom fighters were forced to stay out in the cold of the night and suffer mosquito bites in the forests to counter their enemies, the colonial powers of Europe. Our great-grandfathers struggled and sacrificed their precious lives for the sake of future generations. Years later, the colonial governments surrendered after they could no longer bear the pressure of African resistance at that time. On February 3rd in 1960, history was written as the British Prime Minister Harold MacMillan made a historic speech to the parliament of South Africa, in Cape Town. “The wind of change is blowing through this continent. Whether we like or not, this growth of national consciousness is a political fact.” Subsequently, most Africans began to breathe the air of freedom.
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