The Carnival of African Enterprising (4th Edition)

I have the honor of hosting this 4th edition of the Carnival of African Enterprising for September. Each host of a Carnival has some freedom in how they choose to put their piece together. In mine, I will showcase the most interesting articles on African business and economy that were submitted.

So what is a blog carnival anyway? Bloggers submit their best articles to that months host via the Blog Carnival website. The hosting blogger then sifts through the dozens (or hundreds) of entries and pulls out the ones that he/she thinks are the best. When it goes live, the blogger does their best to summarize the story and link to the blogger on each specific blog post. (read more on Wikipedia)

Take a look at the activity behind the first three - first at African Path (June 6), and AfricanLoft (July 6), and current White African (Aug 5th)

The September Carnival will be held here at Nubian Cheetah on Sept 6th. Please take the time to submit your best article to the Carnival of African Enterprising by the end of this month. There’s nothing like getting on a Blog Carnival to become part of the discussion and get more people noticing you.

If you would like to host a future Carnival, contact Benin Mwangi and he’ll set you up with a date.

Copper is boosting Africa's growth rate

Africa has plenty of natural resources that are untapped, copper is boosting African countries growth rates. Many African nations are using this commodity to position themselves for the future. Copper is essentially used for almost all industries because it is a good conductor of electricity.

Africa Business Magazine has a good report about copper growth

The exceptionally high prices of commodities, particularly those of industrial metals, which leapt by over 50% last year, will help Africa nudge past 6% growth this year. The trend is likely to continue for the next couple of years, driven mainly by strong demand from China. Moin Siddiqi reports.

Mineral-rich Africa is reaping the benefits of strong commodity prices driven by robust global demand. Africa’s economic growth is projected at 6% this year, the highest in two decades, according to the African Development Bank. It will be primarily fuelled by demand from China and other rapidly-growing economies for the continent’s crude oil and metals.