Welcome to Africanews

Please select your experience

Watch Live

Business Africa


Ghana's unprecedented bamboo bikes [Business Africa]

Ghana's unprecedented bamboo bikes [Business Africa]

Business Africa

Ghana’s Eco-Friendly Bamboo Bikes

Ghana’s Bamboo made bicycle is fast gaining world recognition while increasing youth employment.
Boomers International is a social enterprise training rural Ghanaian communities in the art of bamboo bicycle manufacturing to address issues like climate change, poverty, rural-urban migration and provide economic freedom – that many of them have never experienced, especially women.

Lourenço’s first economic reforms

When Angolan President Joao Lourenco was sworn in five months ago he promised an “economic miracle”.

But the path to transforming this oil dependent nation seems long as lourenco has been confronted with the bottlenecks the economy faces.

Since January, the new central bank governor has been presiding over a fiscal revolution, weaning the local kwanza currency off its artificial peg to the dollar, and phasing in a floating exchange rate.