Africa

/Africa

slum tourism

slum tourism: the practice of local or visiting sightseers who pay for tours of sections of urban areas where there is extreme poverty, especially in cities in the developing world.  *** TROVELOG *** Manila is starkly representative of a global problem. According to the United Nations, about a quarter of the world’s urban population lives in slums—and this [...]

Indie Rock/ Mali

Everywhere you turn these days, it seems that the indie rock world is exploring African sounds. Labels like Dead Oceans, Secretly Canadian and True Panther have also begun releasing new recordings by African musicians, those acts have begun playing American gigs, and African music regularly gets attention on the indie-minded Web sites of Pitchfork, Mojo [...]

Categories: Africa, Entertainment, Ethnicity, FACTS, Intellectual Property, Mali, Music|

Apple/ cash

       [Some Apple investors have] deep frustrations over Apple's cash pile, a $50 billion lode that is expected to swell to $70 billion by year-end. The vast sum exceeds the gross domestic product of two-thirds of the world's countries—and all but 36 of the market values of companies in the Standard & Poor's 500-stock [...]

grease payments

small payments that are made by a foreign company in some countries to facilitate the initiation of certain services.   The new [British] law, called the Bribery Act, takes effect in April [2011]. It resembles the U.S. Foreign Corrupt Practices Act [FCPA], which bars companies that trade on U.S. exchanges from bribing foreign government officials [...]

Nollywood

the name of the Nigerian film industry. It is hard to avoid Nigerian films in Africa. Public buses show them, as do many restaurants and hotels. Nollywood, as the business is known, churns out about 50 full-length features a week, making it the world’s second most prolific film industry after India’s Bollywood… . Only the [...]

Categories: Africa, Entertainment, Entrepreneurship, Film, Poverty, WORDS|