Renting Newspapers in Africa

(CNN) In Addis Ababa, the capital of Ethiopia, Garum Tesfaye is a landlord, of a sort. He rents newspapers. Surrounded by worn-out copies of old newspapers, stacks of gossip magazines and the crisp print of the latest news, Tesfaye sits attentively, checking his watch every now and then. Near him, a pedestrian bridge provides shelter […]

Tourism Instead of Diamonds?

In Botswana, Africa, diamonds have been almost everything in the economy; but that may someday change. (BBC) Botswana (southern Africa) is the world’s biggest producer of diamonds and an economic success story in Africa – but some experts fear that in 20 years time its reserves may be exhausted. Tourism is now becoming increasingly important as the country […]