Wednesday 26 July 2017

Panafrican articles

  • (Agence Ecofin Tuesday 25 July 2017)

    Jack Ma, founder and executive chairman of e-commerce platform Alibaba, rival of US’ Amazon, announced on July 23, he is launching a $10 million fund for young African entrepreneurs. “I want that fund supporting African online businesses,” said the billionaire who is also advisor to the United Nations Conference on Trade and Development (UNCTAD) for Youth Entrepreneurship and Small Business.

    Ma added that the money is ready and needs no third party approval to be released. Once its management teams are established, the fund should start operating before the end of this year. In the...

(Voice of America Tuesday 25 July 2017)

European and African ministers are meeting in Tunisia about efforts to regulate the flow of refugees from Africa to Europe, primarily along the deadly central Mediterranean route originating in Libya.

In a declaration Monday in Tunis, the capital, the ministers said they agreed on a multi...

(The Associated Press Friday 21 July 2017)

U.S. Ambassador Nikki Haley sharply criticized African nations on Tuesday for their "collective failure" to respond to the threat of famine facing more than 14 million people — and for nominating Congo for a seat on the U.N.'s top human rights body despite its serious rights violations.

...

(AFP (eng) Friday 21 July 2017)

The 2019 Africa Cup of Nations will expand from 16 to 24 teams and be staged in June and July, the Confederation of African Football (CAF) announced on Thursday.

The tournament has traditionally been held in January and February, with the timing of the tournament a source of frustration...

(Xinhuanet Thursday 20 July 2017)

The African Union (AU) has noted that inadequate force enablers and multipliers, as well as financial resource gaps are among the major challenging situations facing Africa in its efforts to ensure peace and stability on the continent.
Speaking to the UN Security Council, Smail Chergui, AU...

(Reuters (Eng) Thursday 20 July 2017)

JOHANNESBURG (Reuters) - Africa's major central banks are entering an easing cycle as they try to stimulate growth after months of drought, austerity drives and confidence issues across the continent, a Reuters poll found on Thursday.

Much of southern and eastern Africa is still...

(Bloomberg Wednesday 19 July 2017)

Vodacom Group Ltd. sees the expansion of mobile-banking services into new markets in sub-Saharan Africa as a top priority following a shareholder vote to rubber stamp its purchase of a 35 percent stake in Safaricom Ltd., Kenya’s biggest company.

“We will use Safaricom to enter other...

(Reuters (Eng) Tuesday 18 July 2017)

Three years after he risked his life crossing the Mediterranean Sea from Libya to Italy on a small boat crammed with migrants, 22-year-old Sow Muhammed can hardly believe his luck.

The former street hawker from Guinea now works as a caterer in Venice, rents his own apartment, and sends...

(Xinhuanet Monday 17 July 2017)

Africa is making progress towards the establishment of a trade zone by Oct. 30 that will cover approximately half of the continent's member states.
The Common Market for the Eastern and Southern Africa (COMESA) Director of Trade and Customs, Francis Mangeni, said in a commentary published...

(Financial Times Wednesday 12 July 2017)

Long-held policy of non-interference tested in pursuit of resources.

One of the two Chinese peacekeepers killed in South Sudan last year was a former cucumber farmer from Sichuan province, the other a husband and father from Shandong.

When they were killed on patrol near a refugee...

(Cnbc Africa Wednesday 12 July 2017)

"Africa is an awakening giant," according to the former South African President Frederik Willem de Klerk speaking at the World Petroleum Congress in Istanbul.

The leader who oversaw the transition of his country's power to Nelson Mandela said Tuesday that the future looks bright for a...

(Reuters (Eng) Tuesday 11 July 2017)

Digital money transfer service WorldRemit has partnered with Chinese smartphone maker Huawei [HWT.UL] to enable the international transfer of money across Huawei's mobile services in Africa, the companies said on Tuesday.

Mobile money services that allow customers to transfer funds using...

(Voice of America Tuesday 11 July 2017)

In the past five years, terrorist attacks have killed nearly 20,000 people across Africa. Two groups, Boko Haram and al-Shabab, accounted for 71 percent of reported incidents and 91 percent of fatalities.

But, while these and other militant groups remain active, fatal terrorist attacks...

(Bloomberg Monday 10 July 2017)

Many cell phone companies are rethinking their headlong rush into the continent. Only Orange is staying the course.

Back when African countries were auctioning off mobile licenses by the boatload to serve the region’s young, tech-savvy population, investing in the continent’s fast-growing...

(Xinhuanet Friday 07 July 2017)

Moussa Faki Mahamat, Chairperson of the African Union (AU) Commission, speaks during the opening ceremony of the 29th ordinary session of the African Union (AU) summit in Addis Ababa, capital of Ethiopia, on July 3, 2017. The 29th ordinary session of the African Union (AU) summit kicks off on...

(Agence Ecofin Thursday 06 July 2017)

(Agence Ecofin) - Le gouvernement japonais a signé avec la Banque africaine de développement (BAD), une lettre d’intention portant sur la mise en place de l’Initiative énergétique Japon-Afrique (JAEI). Cette initiative a pour objectif d’apporter un soutien significatif au New Deal sur l’énergie...

(AFP (eng) Thursday 06 July 2017)

The African Union's new chair Moussa Faki Mahamat on Wednesday questioned US commitment to fighting terrorism on the continent after it blocked efforts to get UN funding for an anti-jihadist force in the Sahel.

"This is a specific case of a certain number of African states taking the...

(Voice of America Wednesday 05 July 2017)

More than 7 million children in West and Central Africa are displaced every year, the United Nations children's agency said in a report released Wednesday.

Lack of economic opportunities, wars and climate change are forcing more than 12 million people in West and Central Africa to migrate...

(Voice of America Tuesday 04 July 2017)

GENEVA — The U.N. children’s fund warns tens of thousands of malnourished children are at great risk in Yemen, Somalia and South Sudan, which are on the brink of famine.

UNICEF reports an estimated 4.7 million children in the cholera-stricken countries are malnourished. Of these, UNICEF...

(RFI(EN) Tuesday 04 July 2017)

New tax rules in Israel could leave hundreds of African migrants worse off than they are. In May, the government introduced a new deposit law, enabling the governemnt to take 20 percent of migrants' salaries each month and place it out of reach.

The money can only be accessed once they...

(RFI(EN) Friday 30 June 2017)

Conflict in the Democratic Republic of Congo (DRC) and mass migration are likely to dominate discussions as foreign ministers from the 55 African nations gather in Addis Ababa on Friday for two days of talks, ahead of the 29th summit of African leaders next week.

The official theme of...

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