Africa's past is the mildewed train station in central Addis Ababa, where locomotives sit gutted and rusted tracks vanish in the grass. The line was once the greatest in Africa; built by France in the 1910s, it ran more than 450 miles northeast to neighboring Djibouti, where the desert meets the sea.
Dubai's new freight hub is now handling about a third of the emirate's air freight, as both regional airports posted middling first half numbers, reflecting a regional downturn.
Sometimes there's nowhere to go but up. But the climb back to economic health isn't necessarily easy, as South Africa, once the continent's top economy, is finding out.
International Business Machines Corp. says it's ramping up its digital-skills training program to accommodate as many as 25 million Africans in the next five years, looking toward building a future workforce on the continent.
Consolidated Contracting Co. (CCC), one of the largest construction and engineering companies in the Middle East, has built and tested an active radio frequency identification-based tool to automatically capture data regarding the comings and goings of thousands of workers at several gas-production plants in the region.
A Johannesburg startup is set to become the first company ever to manufacture smartphones in Africa, taking advantage of low costs and growing local demand to build handsets, tablets and other devices based on Google Inc.'s Android system.
Africa wants to become fertile ground for new energy investment - investments that would help electrify parts of the continent and make it ripe for new businesses and new jobs, the African Development Bank says.