The impact of the finanicial crisis on Africa:
The Financial Times notes that Sub-Saharan African growth will continue, albeit at a much slower rate than in recent years. Recent news from southern Africa has been cautiously optimistic. And China plans to increase its investments in Africa. However, ActionAid reports that the crisis will cost African economies as much as US$49billion this year. And in Nigeria, some banks have asked employees to take early retirement, reportedly as a result of the crisis.
The Financial Times also reports that African states are trying to increase their voice in on-going G20 talks about the crisis.
The crisis in Madagascar:
Global Voices has a round-up of news about what appears to be a very fluid situation.