New York (CNN) -- Two Somali women are making a splash in the New York fashion scene, designing a range of clothes that take their inspiration from Africa. Identical twins Ayaan and Idyl Mohallim were born in Somalia, but left for the United States aged nine to escape the civil war. They ... Read More

Ethiopia has launched an electric car, despite suffering from power shortages. It is only the second African country to do so, after South Africa. Two versions of the Solaris Elettra will be manufactured in Addis Ababa, costing around $12,000 and $15,000. The cars will be sold in Ethiopia and exported to Africa ... Read More

SEACOM has signed an agreement with the Ethiopian Telecommunications Corporation (ETC) to connect landlocked Ethiopia to its network. The privately funded submarine fibre optic cable system will provide Ethiopia with international broadband fibre connectivity and a backhaul link through Djibouti. “As we have seen in other countries that gained access to SEACOM, ... Read More

Nairobi, Kenya - Satya Capital, a London-based private equity fund owned by Sudanese Mo Ibrahim, plans to invest some $200 million in Africa this year, Ibrahim said late on Thursday. Known for making a fortune from the mobile phone business and funding a major prize in support of leadership, Ibrahim said ... Read More

PORTLAND, Ore. – The Portland Timbers and Real Salt Lake of Major League Soccer have agreed in principle to a loan agreement that will see midfielder Alex Nimo join the Timbers on loan for a second season in 2010, it was announced last week. The transaction is pending USSF approval.   As ... Read More

The U.S. National Basketball Association is organizing a Basketball Without Borders workshop in Dakar for youth groups in West Africa.   A group of NBA players and coaches will travel to Dakar in August for the first Basketball Without Borders workshop to be held in a developing African country. From August 5th ... Read More

For the first time since 1998, the economy of Côte d'Ivoire last year grew faster than its population. Analysts speak of a "recovery" of the Ivorian economy. Dominique Strauss-Kahn, leader of he International Monetary Fund (IMF), in an extraordinary step has written a letter to "members of the international financial community," ... Read More

Kigali - Rwanda's economy should grow by 7 percent this year, accelerating from around 5.5 percent growth in 2009, as mineral exports and the construction sector pick up, the finance and economic planning minister said. "The projection we have for 2010 is 7 percent ... We see better performance on the ... Read More

Luanda - Angola, once one of the world's fastest-growing economies, is expected to expand between 6.5 and 7.5 percent in 2010 due to higher oil prices from around zero last year, the World Bank said on Friday. Senior World Bank economist Ricardo Gazel said higher oil prices should help the oil-producing ... Read More

Ivory Coast captain Didier Drogba has been named the 2009 African Footballer of the Year, his second in the history of the awards at a ceremony in Accra on Thursday night. The Ivorian forward will also receive 20, 000 US Dollars for being named the foremost footballer on the continent for ... Read More