Monday 25 September 2017

Cameroun

(Reuters (Eng) 09/23/17)
Thousands of demonstrators from largely Francophone Cameroon’s English-speaking minority took to the streets to demand more rights on Friday, some of them hoisting separatist flags. Two Anglophone regions in the west account for about a sixth of Cameroon’s population. Long-standing complaints of political and economic discrimination spilled over there last year when lawyers and teachers called for reforms. Security forces killed six protesters and arrested hundreds of others, and the internet was shut down in the region from January to April, crippling businesses in a crackdown that was condemned internationally. Friday’s protests were the largest and most widespread in months and came the day after a bomb suspected
(AFP (eng) 09/22/17)
Several thousand demonstrators took to the streets in English-speaking parts of Cameroon in protest at perceived discrimination in favour of the country's francophone majority, concurring sources said. "Several thousand people have been marching in Bamenda," the main town in northwest Cameroon and the hub of anglophone agitation, a source close to the regional authorities said, requesting anonymity. State radio announced that the authorities in the English-speaking northwest had banned all street demonstrations and internal movement within the region's departments (counties) until October 3.
(Reuters (Eng) 09/22/17)
An improvised bomb wounded three policemen in the main city of Cameroon’s minority English-speaking region on Thursday, the regional governor said, in an attack a senior security source blamed on separatist militants. Speaking on state TV, Adolphe Lele Lafrique, Governor of the North West Region, referred to a “terrorist attack” in the city of Bamenda, in the western part of the country. A senior security source told Reuters by telephone the attack was the work of “extremists” who want independence for the Anglophone part of mostly French-speaking Cameroon. If true, it would represent a dangerous escalation of a conflict that had thus far pitted only unarmed demonstrators against the security forces.
(Reuters (Eng) 09/22/17)
From deadly droughts and destroyed crops to shrinking water sources, communities across sub-Saharan Africa are struggling to withstand the onslaught of global record-breaking temperatures. But the dangers do not end there. Rising heat poses another threat - one that is far less known and studied but could spark disease epidemics across the continent, scientists say. Mosquitoes are the menace, and the risk goes beyond malaria. The Aedes aegypti mosquito, which spreads debilitating and potentially deadly viruses, from Zika and dengue...
(APA 09/21/17)
APA-Douala (Cameroon) - Rehabilitation of the Douala-Yaoundé road linking the main economic and political metropolitan areas of Cameroon requires an investment of 47 billion CFA. This will allow replacing the metal nozzles with concrete scuppers, the Ministry of Public Works (MINTP) said Thursday. According to a study by the Directorate of Infrastructure Works (DGTI) at the Ministry of Public Works, 309 nozzles should be replaced to stop the gradual deterioration of the road. “Traffic on this road has increased considerably...
(Voice of America 09/21/17)
Cameroon has been using its 2014 anti-terror law to "silence critics and suppress dissent," according to a report released Wednesday by the U.S.-based Committee to Protect Journalists. Members of the media who report on the Boko Haram insurgency or controversial topics such as the ongoing strike in English-speaking zones have been arrested or threatened by the government, according to CPJ. Bruno Nkwemo of the Cameroon Union of Journalists says reporters fear practicing their profession. Cameroonian journalists are not criminals
(Reuters (Eng) 09/21/17)
Makers of generic AIDS drugs will start churning out millions of pills for Africa containing a state-of-the-art medicine widely used in rich countries, after securing a multi-million dollar guarantee that caps prices at just $75 per patient a year. Global health experts hope the deal will help address two looming problems in the HIV epidemic - the rising threat of resistance developing to standard AIDS drugs, and the need for more investment in manufacturing capacity. Bill Gates’ charitable foundation will...
(APA 09/18/17)
APA – Douala (Cameroon) - Cameroon plans to double its revenue from tourism from CFAF 560 billion to CFAF 1000 billion in 2017, according to forecasts published by the Ministry of Tourism and Leisure (MINTOUL). In view of this, the country expects one million tourists with a total return of more than CFA1,000 billion, which will almost double revenues Cameroon earned last year. According to MINTOUL forecasts, one million tourists is equivalent to about CFA 75 billion in terms of...
(APA 09/18/17)
APA – Douala (Cameroon) - Cameroon plans to double its revenue from tourism from CFAF 560 billion to CFAF 1000 billion in 2017, according to forecasts published by the Ministry of Tourism and Leisure (MINTOUL). In view of this, the country expects one million tourists with a total return of more than CFA1,000 billion, which will almost double revenues Cameroon earned last year. According to MINTOUL forecasts, one million tourists is equivalent to about CFA 75 billion in terms of...
(APA 09/18/17)
APA-Douala (Cameroon) - A delegation of the International Organization of Francophonie (OIF) is currently in Cameroon to assess the country’s electoral system, sources told APA on Monday. Headed by former Burkina Faso prime minister, Kadré Désiré Ouédraogo, formerly president of the Economic Community of West African States (ECOWAS), this OIF mission will hold several meetings with political leaders. The mission, which will spend five days in Cameroon, follows a request from the Director General of Elections Cameroon (ELECAM) Abdoulaye Babale,...
(APA 09/18/17)
APA - Yaoundé (Cameroon)- At least twelve business start-ups have been approved and will be funded by the French Office of Immigration and Integration (OFII) to the tune of over CFA43.9 million to rehabilitate returning migrants, APA learned Saturday from the French Embassy in Yaounde. The approved projects, made up of very small enterprises (TPE), concern the fields of agriculture, livestock, poultry farming, services and trade. Responsible for the implementation of the French policy of repatriating and rehabilitating returnees in...
(The Guardian 09/18/17)
Anna Jones says that, through selling its cocoa cheaply, Africa is exporting its wealth overseas; while Sue Banford claims that the soya moratorium in the Amazon has done nothing to halt deforestation. Only the final paragraph in your article on cocoa farming causing deforestation in Ivory Coast (Forests pay price for world’s taste for cocoa, 14 September) mentioned the most fundamental thing – the farmer’s livelihood, or lack of it. The low value of his (or more likely her) crop...
(APA 09/15/17)
APA-Yaounde (Cameroon) - The British investment fund, Actis, and the Nigerian group, Genesis, have announced the signing of an agreement to open, in Cameroon’s economic capital Douala, “the country’s largest multi-purpose commercial development center.” This was contained in a press release. Dubbed “Douala Grand Mall,” the center covers an area of 18,000 square meters, and will consisting of shops, leisure areas, a cinema and a supermarket. The promoters of this “tourist and historical project,” who have penned an agreement with Craft Development, a local real estate developer, also provide a commercial park with a 5-star hotel and offices. The initiators of the project, for which neither the start date...
(Reuters (Eng) 09/15/17)
The prospect of receiving cocoa from less desirable origins such as Cameroon and Nigeria has dampened demand for the London September contract, with even deep discounts failing to whet buyers’ appetites. Open interest in the September cocoa contract has dropped dramatically in the last few sessions, and was standing at 11,827 lots by the end of Wednesday. On Thursday, some 11,108 lots were “exchanged for physicals” (EFP), signaling most remaining open positions in the futures contract had been swapped in...
(Bloomberg 09/15/17)
Societe Generale SA, challenged on its home turf by Orange SA’s push into banking, is fighting back with a new mobile lender in Africa. The French lender started YUP, a new app for smartphones, in Senegal and Ivory Coast and plans to begin operating in four other sub-Saharan countries this year and next, the company said on Thursday. The bank aims to double its client base to 2 million in the region within three years. “Telcos have opened the way...
(APA 09/14/17)
APA-Douala (Cameroon) - The Cameroonian and French navies, scheduled to conduct joint military exercises in the Gulf of Guinea, are currently coordinating their actions at the naval base in Douala, APA learned on Thursday in the port city. The Navies’ joint exercise, codenamed NEMO 17.6, aims at increasing security of the Gulf of Guinea. They are being conducted ahead of the holding in a few days in Dakar, Senegal, of an international symposium on maritime safety and security. In the...
(AFP (eng) 09/13/17)
A young woman blew herself up on Wednesday in Cameroon's far north, killing four people and injuring another in an area frequently targeted by Boko Haram jihadists from neighbouring Nigeria. The attack happened in Sandawadjiri, just 15 kilometres (10 miles) from Nigeria's northeastern border, a security source in Yaounde said, adding that "a young woman blew herself up" in front of a mosque. The attack and the toll were both confirmed to AFP by a security source in the region. The Far North region, which borders Nigeria, has seen a resurgence in attacks blamed on Boko Haram after months of relative calm.
(Reuters (Eng) 09/13/17)
YAOUNDE (Reuters) - A girl with a bomb strapped to her walked into a mosque in northern Cameroon where it exploded, killing five worshippers in an attack bearing the hallmarks of Islamist militant group Boko Haram, authorities said. The girl of 12 or 13 years old arrived at the Sanda-Wadjiri mosque in remote Kolofata at the first call to prayer at between five and six a.m., the governor of Cameroon’s Far North region Midjiyawa Bakary told Reuters by telephone. “The...
(Bloomberg 09/13/17)
Cameroon is taking steps to encourage farmers to grow better quality cocoa after a deterioration in last year’s crop resulted in lower prices for the country’s beans. About 90 percent of Cameroon’s cocoa exports in the season through July were classed as Grade 2, the second of three quality ratings for beans, according to Trade Minister Luc Magloire Atangana Mbarga. That compared with 97 percent previously and meant that Cameroonian cocoa was about 200 CFA Francs ($0.37) per kilogram cheaper than international prices for the chocolate ingredient, he said. Cameroon, the world’s fifth-largest cocoa producer, has distributed 1,800 new, modern dryers to farmers to help reduce the smoky smell and high moisture content that meant...
(Reuters (Eng) 09/13/17)
YAOUNDE (Thomson Reuters Foundation) - Leaders of Cameroon’s indigenous forest peoples say their survival is at risk if they are further deprived of access to the lands that are the source of their livelihoods. Speaking in Cameroon’s capital, Yaoundé, indigenous representatives said they had experienced increasingly serious violations of their land rights by palm oil and other agro-industries, mining firms and timber concessions, as well as the process of creating protected areas on their ancestral lands. “This disturbing situation foreshadows...

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(Reuters (Eng) 09/23/17)
Thousands of demonstrators from largely Francophone Cameroon’s English-speaking minority took to the streets to demand more rights on Friday, some of them hoisting separatist flags. Two Anglophone regions in the west account for about a sixth of Cameroon’s population. Long-standing complaints of political and economic discrimination spilled over there last year when lawyers and teachers called for reforms. Security forces killed six protesters and arrested hundreds of others, and the internet was shut down in the region from January to April, crippling businesses in a crackdown that was condemned internationally. Friday’s protests were the largest and most widespread in months and came the day after a bomb suspected
(Reuters (Eng) 09/22/17)
An improvised bomb wounded three policemen in the main city of Cameroon’s minority English-speaking region on Thursday, the regional governor said, in an attack a senior security source blamed on separatist militants. Speaking on state TV, Adolphe Lele Lafrique, Governor of the North West Region, referred to a “terrorist attack” in the city of Bamenda, in the western part of the country. A senior security source told Reuters by telephone the attack was the work of “extremists” who want independence for the Anglophone part of mostly French-speaking Cameroon. If true, it would represent a dangerous escalation of a conflict that had thus far pitted only unarmed demonstrators against the security forces.
(Reuters (Eng) 09/22/17)
From deadly droughts and destroyed crops to shrinking water sources, communities across sub-Saharan Africa are struggling to withstand the onslaught of global record-breaking temperatures. But the dangers do not end there. Rising heat poses another threat - one that is far less known and studied but could spark disease epidemics across the continent, scientists say. Mosquitoes are the menace, and the risk goes beyond malaria. The Aedes aegypti mosquito, which spreads debilitating and potentially deadly viruses, from Zika and dengue...
(Voice of America 09/21/17)
Cameroon has been using its 2014 anti-terror law to "silence critics and suppress dissent," according to a report released Wednesday by the U.S.-based Committee to Protect Journalists. Members of the media who report on the Boko Haram insurgency or controversial topics such as the ongoing strike in English-speaking zones have been arrested or threatened by the government, according to CPJ. Bruno Nkwemo of the Cameroon Union of Journalists says reporters fear practicing their profession. Cameroonian journalists are not criminals
(Reuters (Eng) 09/21/17)
Makers of generic AIDS drugs will start churning out millions of pills for Africa containing a state-of-the-art medicine widely used in rich countries, after securing a multi-million dollar guarantee that caps prices at just $75 per patient a year. Global health experts hope the deal will help address two looming problems in the HIV epidemic - the rising threat of resistance developing to standard AIDS drugs, and the need for more investment in manufacturing capacity. Bill Gates’ charitable foundation will...
(APA 09/14/17)
APA-Douala (Cameroon) - The Cameroonian and French navies, scheduled to conduct joint military exercises in the Gulf of Guinea, are currently coordinating their actions at the naval base in Douala, APA learned on Thursday in the port city. The Navies’ joint exercise, codenamed NEMO 17.6, aims at increasing security of the Gulf of Guinea. They are being conducted ahead of the holding in a few days in Dakar, Senegal, of an international symposium on maritime safety and security. In the...
(AFP (eng) 09/13/17)
A young woman blew herself up on Wednesday in Cameroon's far north, killing four people and injuring another in an area frequently targeted by Boko Haram jihadists from neighbouring Nigeria. The attack happened in Sandawadjiri, just 15 kilometres (10 miles) from Nigeria's northeastern border, a security source in Yaounde said, adding that "a young woman blew herself up" in front of a mosque. The attack and the toll were both confirmed to AFP by a security source in the region. The Far North region, which borders Nigeria, has seen a resurgence in attacks blamed on Boko Haram after months of relative calm.
(Reuters (Eng) 09/13/17)
YAOUNDE (Reuters) - A girl with a bomb strapped to her walked into a mosque in northern Cameroon where it exploded, killing five worshippers in an attack bearing the hallmarks of Islamist militant group Boko Haram, authorities said. The girl of 12 or 13 years old arrived at the Sanda-Wadjiri mosque in remote Kolofata at the first call to prayer at between five and six a.m., the governor of Cameroon’s Far North region Midjiyawa Bakary told Reuters by telephone. “The...
(Reuters (Eng) 09/13/17)
YAOUNDE (Thomson Reuters Foundation) - Leaders of Cameroon’s indigenous forest peoples say their survival is at risk if they are further deprived of access to the lands that are the source of their livelihoods. Speaking in Cameroon’s capital, Yaoundé, indigenous representatives said they had experienced increasingly serious violations of their land rights by palm oil and other agro-industries, mining firms and timber concessions, as well as the process of creating protected areas on their ancestral lands. “This disturbing situation foreshadows...
(Voice of America 09/12/17)
BUDUA, CAMEROON — The head of the multinational task force fighting Boko Haram says the war against the militants is being won, but warned that suicide bombings remain a threat, killing close to 400 people in Nigeria and Cameroon since April. Soldiers from the 7,800-person task force have been stationed in several towns and villages along the Nigeria-Cameroon border since those communities were liberated from Boko Haram a little over a year ago. The force's commander, Nigerian-born General Lucky Irabor, visited four communities along the border on Saturday to reassure local residents and rally the troops.
(Bloomberg 09/11/17)
The South African companies that dominate the U.K.’s growing private hospital industry are counting on more people like Katie Corrie. A children’s party entertainer, Corrie opted to use 13,000 pounds ($17,000) of her savings and inheritance to get a hip replacement rather than spend months on a National Health Service waiting list. Britons like her are forking out almost 1 billion pounds a year to cover their own medical expenses, a trend that’s giving at least one industry the scope...
(Voice of America 09/08/17)
Cameroon’s government has ordered the reopening of dozens of schools in the north that were deserted following attacks by Boko Haram. But turnout has been low amid continued security concerns. It was quiet Thursday morning at the government primary school in Tiriwa, a village 13 kilometers from Fotokol, a town on the Cameroon-Nigeria border. The government ordered the school reopened this week, but no one has shown up for class. The school was closed after Boko Haram fighters attacked the...
(APA 09/08/17)
Deprivation and marginalization, underpinned by weak governance, are primary forces driving young Africans into violent extremism, according to a comprehensive new study by the United Nations Development Programme (UNDP), the first study of its kind. Based on interviews with 495 voluntary recruits to extremist organizations such as Al-Shabaab and Boko Haram, the new study also found that it is often perceived state violence or abuse of power that provides the final tipping point for the decision to join an extremist...
(APA 09/06/17)
APA-Douala (Cameroon) - The use of drones by the Nigerian terrorist group Boko Haram has aroused concerns in Cameroon, where authorities fear an increase in the number of terrorist victims in the Far-North region, security sources told APA on Tuesday. According to a source close to the ministry of Defence (MINDEF), the use of drones by the faction of Al Barnaoui, one of the two sections of Boko Haram, is a "source of concern". The source confirmed the use of...
(Reuters (Eng) 09/06/17)
When frequent flooding became too much for the residents of Nkolbikok, a neighborhood in Cameroon’s capital, they decided to take matters into their own hands – with gloves and wheelbarrows. Some of the 6,000 inhabitants now carry out daily trash pickups and monthly cleanups of the swampy area’s once trash-choked wetlands and blocked drains, a measure they decided on themselves after failing to get outside help to solve the problem. The push has been particularly important as climate change leads to more extreme downpours, some of which last five hours at a time...
(Reuters (Eng) 09/06/17)
YAOUNDE (Reuters) - Crop-eating fall armyworms have attacked nearly 37,000 hectares of maize in northern Cameroon, officials said on Wednesday, accentuating an already dire humanitarian crisis provoked by the Islamist militant group Boko Haram’s cross-border insurgency. More than two dozen African nations have reported outbreaks of the invasive Central American variety of the pest, which is harder to detect and eradicate than its African counterpart. They have now spread to all of Cameroon’s 10 administrative regions, though maize crops in...
(AFP (eng) 09/05/17)
A spurt in attacks by Boko Haram Islamists has claimed nearly 400 lives since April in Nigeria and Cameroon, double the figure of the previous five months, Amnesty said Tuesday. The increasing use of suicide bombers -- often young women and girls forced to carry and detonate explosives in crowded areas -- has killed at least 381 civilians in the two countries, the rights group said in a statement. "Boko Haram is once again committing war crimes on a huge scale, exemplified by the depravity of forcing young girls to carry explosives with the sole intention of killing as many people as they possibly can," said Alioune Tine, Amnesty International's director...
(Reuters (Eng) 09/05/17)
BAMENDA, Cameroon (Reuters) - Cameroonians in the English-speaking west of the country boarded up their shops, stayed home from work and boycotted the start of the school term on Monday, in protest at what they say is their marginalization by the government. Security forces were deployed on largely deserted streets to prevent a repeat of violent protests last year that galvanized opposition to President Paul Biya, in power for 35 years, and provoked a crackdown in which dozens were arrested...
(Voice of America 09/05/17)
Millions of school children have failed to show up for the start of the school year in Cameroon's English speaking regions, even after the government freed most of the jailed leaders of anglophone protests. A teacher at Ntamulung bilingual high school in Bamenda, Cameroon, is teaching 20 children who have shown up on day one of the school year. At least 70 were expected in the classroom. Schools have been closed in the English-speaking northwest and southwest regions of Cameroon...
(Reuters (Eng) 09/05/17)
LONDON (Thomson Reuters Foundation) - The number of children suffering from life-threatening malnutrition across the Lake Chad Basin - about 800,000 - has soared since last year, and could spiral further as Boko Haram ramps up attacks in the region, an aid agency said on Tuesday. The jihadists’ brutal eight-year insurgency has forced millions of people to flee their homes, driven farmers from their land and disrupted aid delivery, leading to a “devastating food crisis”, according to the Norwegian Refugee...

Pages

(APA 09/21/17)
APA-Douala (Cameroon) - Rehabilitation of the Douala-Yaoundé road linking the main economic and political metropolitan areas of Cameroon requires an investment of 47 billion CFA. This will allow replacing the metal nozzles with concrete scuppers, the Ministry of Public Works (MINTP) said Thursday. According to a study by the Directorate of Infrastructure Works (DGTI) at the Ministry of Public Works, 309 nozzles should be replaced to stop the gradual deterioration of the road. “Traffic on this road has increased considerably. We must not forget that we are the gateway to several countries of the hinterland. We have a lot of heavy goods vehicles on this Yaoundé-Douala road. We are currently carrying out technical studies for...
(APA 09/18/17)
APA – Douala (Cameroon) - Cameroon plans to double its revenue from tourism from CFAF 560 billion to CFAF 1000 billion in 2017, according to forecasts published by the Ministry of Tourism and Leisure (MINTOUL). In view of this, the country expects one million tourists with a total return of more than CFA1,000 billion, which will almost double revenues Cameroon earned last year. According to MINTOUL forecasts, one million tourists is equivalent to about CFA 75 billion in terms of visa fees. CFA10 billion will be collected from airport stamp charges and CFA120 billion from tourist taxes paid to the state. However, no less than CFA750 billion will be pumped into the tourism economy through transport services, accommodation, catering, telephone...
(APA 09/18/17)
APA – Douala (Cameroon) - Cameroon plans to double its revenue from tourism from CFAF 560 billion to CFAF 1000 billion in 2017, according to forecasts published by the Ministry of Tourism and Leisure (MINTOUL). In view of this, the country expects one million tourists with a total return of more than CFA1,000 billion, which will almost double revenues Cameroon earned last year. According to MINTOUL forecasts, one million tourists is equivalent to about CFA 75 billion in terms of...
(APA 09/18/17)
APA - Yaoundé (Cameroon)- At least twelve business start-ups have been approved and will be funded by the French Office of Immigration and Integration (OFII) to the tune of over CFA43.9 million to rehabilitate returning migrants, APA learned Saturday from the French Embassy in Yaounde. The approved projects, made up of very small enterprises (TPE), concern the fields of agriculture, livestock, poultry farming, services and trade. Responsible for the implementation of the French policy of repatriating and rehabilitating returnees in...
(The Guardian 09/18/17)
Anna Jones says that, through selling its cocoa cheaply, Africa is exporting its wealth overseas; while Sue Banford claims that the soya moratorium in the Amazon has done nothing to halt deforestation. Only the final paragraph in your article on cocoa farming causing deforestation in Ivory Coast (Forests pay price for world’s taste for cocoa, 14 September) mentioned the most fundamental thing – the farmer’s livelihood, or lack of it. The low value of his (or more likely her) crop...
(APA 09/15/17)
APA-Yaounde (Cameroon) - The British investment fund, Actis, and the Nigerian group, Genesis, have announced the signing of an agreement to open, in Cameroon’s economic capital Douala, “the country’s largest multi-purpose commercial development center.” This was contained in a press release. Dubbed “Douala Grand Mall,” the center covers an area of 18,000 square meters, and will consisting of shops, leisure areas, a cinema and a supermarket. The promoters of this “tourist and historical project,” who have penned an agreement with Craft Development, a local real estate developer, also provide a commercial park with a 5-star hotel and offices. The initiators of the project, for which neither the start date...
(Reuters (Eng) 09/15/17)
The prospect of receiving cocoa from less desirable origins such as Cameroon and Nigeria has dampened demand for the London September contract, with even deep discounts failing to whet buyers’ appetites. Open interest in the September cocoa contract has dropped dramatically in the last few sessions, and was standing at 11,827 lots by the end of Wednesday. On Thursday, some 11,108 lots were “exchanged for physicals” (EFP), signaling most remaining open positions in the futures contract had been swapped in...
(Bloomberg 09/15/17)
Societe Generale SA, challenged on its home turf by Orange SA’s push into banking, is fighting back with a new mobile lender in Africa. The French lender started YUP, a new app for smartphones, in Senegal and Ivory Coast and plans to begin operating in four other sub-Saharan countries this year and next, the company said on Thursday. The bank aims to double its client base to 2 million in the region within three years. “Telcos have opened the way...
(Bloomberg 09/13/17)
Cameroon is taking steps to encourage farmers to grow better quality cocoa after a deterioration in last year’s crop resulted in lower prices for the country’s beans. About 90 percent of Cameroon’s cocoa exports in the season through July were classed as Grade 2, the second of three quality ratings for beans, according to Trade Minister Luc Magloire Atangana Mbarga. That compared with 97 percent previously and meant that Cameroonian cocoa was about 200 CFA Francs ($0.37) per kilogram cheaper than international prices for the chocolate ingredient, he said. Cameroon, the world’s fifth-largest cocoa producer, has distributed 1,800 new, modern dryers to farmers to help reduce the smoky smell and high moisture content that meant...
(Bloomberg 09/07/17)
African Rainbow Minerals Ltd., the miner chaired by South Africa’s richest black businessman, will pay a record dividend this year as rising iron-ore and manganese prices boosted earnings at its ferrous unit. ARM will pay investors 6.50 rand a share, almost triple that of the previous year, and its 11th consecutive dividend, the Johannesburg-based company said in a statement Thursday. The company benefited from a 45 percent increase in prices received for exported iron ore and 93 percent more for...
(Xinhuanet 09/05/17)
Delegates from African countries are hoping to attract more Chinese investment at the ongoing 11th China-Northeast Asia Expo in Changchun, capital of northeastern Jilin Province. Representatives from Ethiopia, Kenya, Zambia and Mozambique presented a variety of collaborative projects at the expo, ranging from grain and dairy processing, light manufacturing, to machinery and construction, in the hope of finding Chinese counterparts to invest in their countries. Ethiopia has set up a one-stop service system to simplify the approval process for business...
(Bloomberg 09/05/17)
A surge in agriculture has helped lift Africa’s biggest economies out of their slumps, but the recovery may be weak. Gross domestic product in Nigeria, the continent’s largest crude producer, advanced for the first time in six quarters in the three months ended June from a year earlier, growing 0.55 percent, the statistics agency said. In South Africa, GDP expanded 2.5 percent from the previous quarter, ending the second recession in almost a decade. Both economies had agriculture largely to...
(Bloomberg 09/04/17)
The worst may be over for Africa’s two largest economies as they likely emerged from a slump in the second quarter. Official data on Tuesday will probably show South Africa’s economy expanded in the three months through June, ending its second recession in less than a decade. Nigeria’s gross domestic product probably grew from a year earlier, and came out of its worst slump in a quarter of a century. South Africa and Nigeria together account for almost half of...
(Xinhuanet 08/31/17)
Cooperation between China and Africa has seen remarkable progress in renewable energy, showing the determination of developing countries to harness the huge potential of clean energy and combat climate change. China-Africa Renewable Energy Cooperation and Innovation Alliance, a coalition of financing institutions, smart grid providers and core manufacturers, on Thursday signed a Memorandum of Understanding (MOU) on cooperation with Africa Renewable Energy Initiative (AREI). "Africa has the highest potential for renewable energy, but the least access to it," said Seyni...
(APA 08/30/17)
APA - Douala (Cameroon) - Public spending within Central African Economic and Monetary Community (CEMAC) countries declined by 4000 billion CFA over the past triennium (2014-2017), the Bank of Central African States (BEAC) said Wednesday. Clearly, these expenditures have gone from 7,000 billion CFA in 2014 to stabilize at 3,000 billion CFA in 2017, a staggering decreased of 4,000 billion CFA in three years. This drastic reduction in public spending is the consequence of the fiscal adjustment measures implemented within...
(Bloomberg 08/30/17)
One Thousand & One Voices LLC, a private-equity fund started by the great-grandson of the founder of Coors Brewing Co., said it bought a producer of sushi-quality trout that is the largest such facility in Africa. SanLei’s operations are on the Katse Dam in Lesotho, an enclave surrounded by South Africa, 1K1V, as the fund is known, said in an emailed statement Tuesday. The company didn’t disclose the value of the transaction. SanLei has secured a marketing and distribution agreement...
(APA 08/29/17)
APA-Douala (Cameroon) - The Douala Stock Exchange (DSX) and the Securities and Exchange Commission (SEC) of Nigeria are in consultation to sign a partnership agreement, Cameroon’s Financial Market Commission (CMF) told APA Tuesday. The partnership agreement will ultimately facilitate opportunities for investors in both countries to use the financial instruments of one and/or the other market, not to mention regulatory cooperation and the exchange of information on deferential markets, in accordance with the recommendations of the International Organization of Securities...
(APA 08/28/17)
APA - Douala (Cameroon) - The HTT Telecom SA Company or YooMee which specializes in providing Internet services, has crossed another milestone by becoming a mobile operator in Cameroon. This was after the transfer agreement of its activities obtained from the Ministry of Posts and Telecommunications (MINPOSTEL) sources told APA. Through a partnership which binds it to the Cameroon Telecommunications (CAMTEL), the state-owned incumbent telecom YooMee intends to offer combined services of a versatile technology for voice communications (GSM) and...
(Bloomberg 08/24/17)
Every African nation that’s sold dollar debt now has at least one junk rating, but it would be hard to tell by looking at the bond market. The average yield on sovereign Eurobonds in Africa has hovered near the lowest level in two years this month, according to a Standard Bank Group Ltd. index, even after Moody’s Investors Service cut Namibia to below investment grade on Aug. 11. The world’s biggest producer of marine diamonds had been the continent’s only...
(Journal du Cameroun 08/23/17)
Cocoa farmers in Yaounde, have been advised to exercise patience following the drop in cocoa prices on the world market. Luc Magloire Mbarga Atangana, Cameroon’s Trade Minister was speaking yesterday in Yaoundé as he visited the newly constructed post-harvest side for the treatment of cocoa in localities. Addressing the farmers, Minister Luc Magloire Mbarga says government plans to improve the quality of cocoa by building post-harvest centres of excellence for the treatment of cocoa. The centres, he went on, will...

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(Reuters (Eng) 09/12/17)
Olympic boxing’s governing body, AIBA, has banned African confederation head Kelani Bayor for three years for allegedly provoking the crowd at the continental championships in Brazzaville last June. Bayor is an AIBA vice-president and executive committee member as well as chairman of Togo’s national Olympic committee. “The Disciplinary Commission found that a hostile and threatening reaction to AIBA officials by spectators after the result of a bout on the last day of the competition was exacerbated by comments from Mr Bayor,” AIBA said in a statement on Monday. It found Bayor had “committed serious and unacceptable violations of the AIBA Disciplinary Code” at the tournament in Congo Republic. AIBA said the ban was from all...
(APA 09/11/17)
The first edition of the International Marathon of Douala (MID) on 29 October, 2017 will feature more than 500 athletes, organizers announced Saturday under the supervision of the Cameroonian Federation of Athletics (FECATHLETISM). Athletes coming from Cameroon, the rest of Africa and some European countries will cover the distance of 42.195 km in the streets of the five districts of Cameroon’s commercial capital. Sponsored by legendary Cameroonian athlete Sarah Etongue, more than ten times champion of the Ascension of Mount Cameroon and renamed the “Race of Hope”, MID will be coupled with the Family Hike organized by Tara Sports & Events with the support of the Urban Community of Douala (CUD). The Family Hike event, whose aim is to promote...
(BBC News Africa 09/05/17)
African champions Cameroon cannot qualify for the 2018 World Cup finals in Russia after a 1-1 draw with Nigeria in Yaounde on Monday. The result means Cameroon have just three points from four matches and can no longer finish top of Group B. "There's no-one in life who achieves all his goals [but] it's a disappointment," Indomitable Lions coach Hugo Broos said after the game. In Monday's other match, Libya earned a 1-0 win over Guinea in Group A. Nigeria...
(AFP (eng) 08/30/17)
Cameroon coach Hugo Broos admits their 2018 World Cup qualifying campaign is doomed if they do not take at least four points off Nigeria in back-to-back clashes. The Group B rivals meet in southeastern Nigerian city Uyo this Friday and in Cameroonian capital Yaounde three days later. Nigeria top the African "group of death" with six points after two rounds, African champions Cameroon have two and Zambia and Algeria one. "If we still want to have a chance of qualifying,...
(BBC News Africa 08/28/17)
Nigeria have suffered a blow ahead of their 2018 World Cup qualifier against Cameroon in Uyo on Friday, after Arsenal forward Alex Iwobi withdrew from the squad with a thigh muscle strain. The 21-year-old will also miss the away leg against African champions Cameroon in Yaounde on 4 September, according to the Nigeria Football Federation (NFF). Iwobi was due to join the Super Eagles training camp on Monday after Arsenal's Premier League game at Liverpool on Sunday. Iwobi, the nephew...
(AFP (eng) 08/09/17)
Former Confederation of African Football president Issa Hayatou on Tuesday slammed his successor Ahmad Ahmad over claims that Cameroon is not ready to host the 2019 Africa Cup of Nations. Malagasy Ahmad, who ended Hayatou's 29-year reign as CAF president last March, had said that the country's infrastructure "wasn't ready" to host the 2019 CAN and even suggested he may open a bidding process to other countries to help stage the event. "He (Ahmad) has to first come to see before speaking as he did," Cameroonian Hayatou, 71, told French radio station RFI. "Cameroon already has five stadiums, not to mention the ones which are in the process of being built. Nobody can say that Cameroon has done nothing.
(AFP (eng) 08/08/17)
Cameroon's football federation expressed their "consternation" on Monday in response to criticism from African Confederation president Ahmad Ahmad over their prospects of hosting the 2019 Africa Cup of Nations. Ahmad had said on Saturday that the country's infrastructure "wasn't ready" to host the 2019 CAN and even suggested he may open a bidding process to other countries to help in putting on the event. "The Cameroonian federation has taken note with a profound consternation the recent statements from the CAF...
(Reuters (Eng) 08/08/17)
Tuesday's action at the World Athletics Championships sees two of the most intriguing races of the program as South Africa's Wayde van Niekerk bids for the first half of his 400/200 meters double and Nigel Amos goes for gold in the men's 800m. World record holder and defending champion Van Niekerk should be unbeatable in the 400m but faces a stiff challenge, not least from Botswanan duo Isaac Makwala and Thebe Baboloki. Another Botswanan, Amos, will also have to be...
(APA 07/28/17)
APA-Douala (Cameroon) - The Confederation of African Football (CAF) president, Ahmad Ahmad, is expected in Cameroon in mid-August. It will be part of an official visit upon the invitation of the Cameroonian government, APA reported on Friday. According to reliable information, the Malagasy who will be on his first trip to Cameroon since his election at the helm of Africa’s football governing body will hold talks with President Paul Biya. While in Cameroon, the CAF boss will also assess preparations...
(AFP (eng) 07/21/17)
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 to European clubs forced to release players in the middle of the season. The CAF executive committee confirmed the changes to the format following a two-day symposium in Rabat, although the...
(AFP (eng) 07/13/17)
Cameroon striker Benjamin Moukandjo has joined Fabio Capello's struggling Chinese Super League outfit Jiangsu Suning after two seasons at Lorient, the French club said on Thursday. The 28-year-old who captained Cameroon to the African Cup of Nations title in 2017 has signed a two-years deal with the club coached by former AC Milan, Real Madrid and England boss Capello since June. Moukandjo scored 26 goals in 61 games for Lorient over two seasons, but was tempted away after the club...
(AFP (eng) 06/19/17)
Arturo Vidal's late header helped Chile to a 2-0 win over Cameroon in their Confederations Cup Group B opener in Moscow on Sunday, as the video assistant referee played a prominent role. Chile dominated an entertaining, but goalless, first half as Eduardo Vargas saw his strike ruled out by the video assistant. The Copa America champions had to wait until the 81st minute though to find a breakthrough, which was provided by a flying header from Bayern Munich midfielder Vidal...
(AfricaNews 06/19/17)
Cameroon, the African champions were handed a losing start to their Confederations Cup campaign which kicked off in Russia over the weekend. The Indomitable Lions lost 2 – 0 to Chile (Copa America champions) thanks to late goals from Auturo Vidal and Eduardo Vargas. The South American champions were however denied an earlier goal after the Video Assistant Referee (VAR) ruled out a legitimate goal by Vargas on the stroke of halftime. Hugo Broos’ side next take on Australia on...
(BBC News Africa 06/16/17)
Cameroon will be driven by the memory of Marc Vivien-Foe when they contest the Confederations Cup for the first time since the midfielder's death. Foe died after collapsing on the pitch during the 2003 semi-final against Colombia in France. The 28-year-old was later found to have suffered from a heart condition called hypertrophic cardiomyopathy. The Indomitable Lions will end their 14-year absence from the Confederations Cup when Fifa's World Cup dress rehearsal kicks off this weekend. Cameroon open their Group...
(AFP (eng) 05/24/17)
Cameroonian city Garoua proved a happy hunting ground once again for Al Ahly of Egypt as they beat Coton Sport 2-0 on Tuesday in the CAF Champions League. Moemen Zakareya created the first goal for Nigerian Junior Ajayi after 12 minutes and scored the second two minutes later in Group D at Stade Omnisports. Record eight-time African champions Ahly clinched the 2008 title in Garoua by forcing a 2-2 second-leg draw with Coton having built a two-goal lead at home...
(AFP (eng) 05/19/17)
Cameroon will have to "swallow" their disappointment and will take their bronze-medal match at the 2017 Islamic Solidarity Games in Baku "like a final", promised coach Emmanuel Maboang Kessack. Oman edged out the Indomitable Lions 5-3 on penalties after a 0-0 stalemate to face hosts Azerbaijan in the final of the football tournament, leaving Cameroon with only a bronze-medal playoff against Algeria to save face. "This defeat is difficult to swallow. We had the chances, we had the ball but...
(AFP (eng) 05/12/17)
Cameroon football head coach Richard Towa was taken to a Baku hospital after fainting on Thursday during the match against Morocco in the Islamic Solidarity Games, said team doctor Tamo Moktamo. The Indomitable Lions coach was seen celebrating Frantz Pangop Tchidjui's 31st-minute goal before fainting and "being taken into the stadium's infirmary where he had to be reanimated and was then taken to the hospital in Baku", explained Dr Moktamo. "He was admitted around 6:00 PM local time and was...
(AFP (eng) 05/11/17)
A dramatic 95th-minute equaliser from Morocco against Cameroon (1-1) in the Islamic Solidarity Games football tournament in Baku on Thursday left both sides with some regrets. "I am not happy with the result, but I am satisfied with the determination the players showed to pull back level. They were resolute and showed a lot of willpower to get that goal", Morocco coach Jamal Sellami told AFP-Services. With four points, the north Africans moved one step closer to a place in...
(AFP (eng) 05/09/17)
Some of Cameroon's brightest prospects at the Islamic Solidarity Games say they are determined to do the country proud by getting their hands on as many medals as possible in Baku. "I want to give the best possible account of myself and try to win the maximum number of medals," pledged Joëlle Sandrine Mbumi, who will be competing in the long jump and triple jump competitions. The 30-year-old is quietly confident about Cameroon's chances. "We've had a very good preparation...
(AFP (eng) 05/09/17)
Hosts Azerbaijan will use the 0-0 draw against Cameroon in their opener to the 2017 Islamic Solidarity Games to improve and win the tournament, their head coach has promised. "We played well and we want to continue like that to win the Games", explained Yashar Vahabzade after his players managed to fend off the skilled and pacey Africans. "It was important to not lose the first game. We will try even harder in the next game so we have a...

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(Xinhuanet 09/13/17)
In an effort to promote economic development and solve complex conservation challenges facing world heritage sites, the African World Heritage Fund Patron and former President of Namibia Hifikepunye Pohamba will host a business leader's breakfast event in Namibian Capital, Windhoek on Thursday. The African World Heritage Fund is an initiative of the African Member States of the African Union and UNESCO, launched in 2006. Webber Ndoro, executive director of the African World Heritage Fund, at a media briefing on Tuesday in Windhoek said that the aim of the event is to promote a holistic private sector engagement, raise a sense of ownership and accountability for heritage protection as well as transmission of World Heritage sites...
(AFP (eng) 08/10/17)
The skull of an infant ape buried by a volcano 13 million years ago has preserved intriguing clues about the ancestor humans shared with apes -- including a likely African origin, scientists said Wednesday. A previously-unknown creature that shared an extended family with the human forefather, had a flat face like that of our far-flung cousin the gibbon, but did not move like one, its discoverers wrote in the journal Nature. They named it Nyanzapithecus alesi after "ales" -- the word for "ancestor" in the Turkana language of Kenya, where the lemon-sized skull was unearthed. The sole specimen is that of an infant that would have grown to weigh about 11 kilogrammes (24 pounds) in adulthood. It had a brain...
(AFP (eng) 05/26/17)
Entertainment | France | film | festival | Cannes | Zambia | witchcraft Cannes, France | AFP | Friday 5/26/2017 - 14:01 UTC+3 | 615 words by Katy Lee Being accused of witchcraft is no laughing matter in Africa -- but movie director Rungano Nyoni decided a dose of humour was just what was needed to tackle a problem rampant in parts of the continent. Set in Zambia, the sharp satire "I Am Not A Witch" has premiered to strong...
(Xinhuanet 04/18/17)
Africa's diaspora is playing a big role in the economic transformation of the continent, the UN said on Tuesday. UN Population Fund (UNFPA) Regional Director Dr Julitta Onabanjo told Xinhua in Nairobi that remittances are important source of income for many African families. "The diaspora therefore complements government efforts to lift many families out of poverty," Onabanjo said on the sidelines of the First Africa-China Conference on Population and Development. Onabanjo said that Africans in the diaspora also bring back...
(AFP (eng) 03/02/17)
A film raging against colonialism and the exploitation of Africa wowed viewers at the continent's top cinema festival Wednesday, winning shouts of approval at a screening packed to bursting point. "The African Storm" tells the story of an African president who nationalises businesses run by racist, cynical Western executives. Directed and produced by its Beninese star Sylvestre Amoussou, it tackles several hot-button issues including an exit from the CFA franc currency, closer ties with Russia and China as opposed to...
(AFP (eng) 02/27/17)
An African road movie about four women wowed its audience Sunday as it kicked off the Panafrican cinema and television festival (Fespaco), a showcase for the continent's burgeoning film industry. "Borders" ("Frontieres") directed by Apolline Traore, a Fespaco laureate in 2013, sweeps across Africa as its protagonists journey through Senegal, Mali, Burkina Faso and Benin on their way to Nigeria. Along the way the women -- Ivorian, Senegalese, Burkinabe and Nigerian actresses -- are spared nothing as they are beset...
(AFP (eng) 12/09/16)
Journalists from Cameroon and Ivory Coast on Thursday won Africa's top fact-checking awards for investigating government claims that turned out to be false. Manfei Anderson Diedri, of the website Eburnietoday.com, scooped the francophone award for an eight-month investigation into a land dispute in central Ivory Coast. Diedri uncovered that while Abidjan claimed it had ownership of 11,000 hectares of land granted to a Belgian company for industrial rubber plantations -- which villagers claimed was their property -- there was no...
(AFP (eng) 10/21/16)
Demand for homegrown contemporary music is sweeping Africa and driving a creative boom in an industry otherwise battered by falling CD sales and rampant piracy. A recent study of the entertainment sector by PricewaterhouseCoopers (PwC) accountants showed rapid earnings growth in many African countries, fuelled largely by live performances by local artists. "Consumers are increasingly wanting local content," Vicki Myburgh, a PwC director who conducted the study released last month, told AFP. "The Nigerian music market... will (soon) grow at...
(AFP (eng) 10/11/16)
Raised on the backstabbing intrigue of 1980s American soaps "Dallas" and "Dynasty", and later, the heady drama of South American telenovelas, Africans are enjoying a surge in local TV content they can finally identify with. It took a while, but in the past decade local programming has soared in sub-Saharan Africa's key economies, a rise driven by both foreign satellite networks and television stations on the continent. This growth has delivered up local shows such as Kenya's comedic "Real Househelps...
(AFP (eng) 09/23/16)
A century after the project was conceived in the throes of racial segregation, and a few months before the first black US president leaves office, the African American Museum in Washington opens Saturday. Here are key facts about the first national museum devoted entirely to showcasing African Americans' life, history and culture. - 1915: A project 101 years old The effort to open, in the US capital, a museum dedicated to the history of the black community "began more than...
(AFP (eng) 09/13/16)
Imbolo Mbue's rise to the top of the literary tree is a true fairytale of New York. The 33-year-old Cameroonian writer, who was born in a house without running water or electricity, became the talk of the town when she got a million-dollar advance for her first novel, "Behold the Dreamers", in 2014. Two years later the book that Mbue wrote at the kitchen table of her tiny New York apartment -- often while breastfeeding her babies -- is getting...
(The East African 09/10/16)
The Pan African Federation of Filmmakers (FEPACI) is seeking to raise $200 million from partners over the next two years to fund the continent's audiovisual and cinema sector. The funds will be used to establish centres of excellence in the five regions - East Africa, North Africa, Central Africa, Southern Africa, and West Africa -- and the locations will be decided by the African Council of Ministers of Culture. The money will be used to improve the quality and quantity...
(Voice of America 07/04/16)
To the beat of African drums, a few dozen people gathered at Dallas City Hall Friday to officially kick off the three-day African Film Festival. The event showcases films made by Africans, as well as a few made by non-Africans about issues important to different regions of the continent. City officials hailed the new festival as an expression of the increasing ethnic and cultural diversity in Texas’ second-largest city. Regina Hill Onyeibe, the Africa Liaison for the City of Dallas...
(Reuters (Eng) 06/28/16)
Africa's largest provider of pay-television services Naspers (NPNJn.J) has kept prices on the continent unchanged to halt a decline in subscriber numbers, its chief executive said on Monday. Naspers, the biggest listed firm on the continent, which sells access to popular American series and blockbuster movies in 50 countries in Africa and the Indian Ocean via its Multichoice unit, reported an 18 percent rise in full-year profit on Friday, but flagged pay-TV as a drag on its performance. Weaker currencies...
(AFP (eng) 05/26/16)
Popular Cameroonian singer Anne-Marie Nzie has died at the age of 84 following a career spanning six decades, state media reported Wednesday. Nicknamed the "golden voice of Cameroon", the singer died Tuesday evening in a hospital in the capital Yaounde where she had been admitted several days ago, Cameroon Radio Television (CRTV) said. Celebrated saxophonist Manu Dibango, reacting to the news, said Nzie had not so much a "a voice of gold" as a "voice of diamonds". "She was unique,"...
(AFP (eng) 05/14/16)
On a choice spot overlooking Washington's most stately monuments, a new museum swathed in bronze will showcase the tragedy and triumph of black America. The National Museum of African American History and Culture, 100 years in the making and now almost ready, will fill a gaping void: until now the city had no grand-scale museum dedicated solely to this chapter of US history. Slave cabins, a blacks-only train car from the segregation era and exhibits on the Reverend Martin Luther...
(APA 05/13/16)
Vivendi-Canal +, a subsidiary of the French investment and industrial holding group, Bolloré has announced the opening of its first movie theatre and concert hall in Yaoundé, Cameroon on May 14.The facility known as Canal Olympia will be housed in the precinct of Yaoundé I University campus. The president of Vivendi-Canal+, Vincent Bolloré announced in April after a meeting with President Paul Biya the opening of modern movie theaters and concert halls throughout Cameroon. Cameroon’s last movie theatre closed in...
(Voice of America 05/13/16)
Some private media in Cameroon are refusing to cover the prime minister after he seized a reporter’s equipment earlier this week. Journalists say they are fed up with government intimidation, mistreatment and difficulties accessing information. CRTV reporter Teke Julius was covering a visit by Prime Minister Philomen Yang to a stadium construction site when reporters say Yang personally grabbed Julius’ equipment and ordered it destroyed. Julius was then detained by the police for several hours. Newspaper publisher Ndi Eugene Ndi...
(BBC News Africa 04/24/16)
The influential Congolese music star Papa Wemba has died after collapsing on stage in Abidjan in Ivory Coast, media reports say. Video from the concert shows the artist, who was 66, slumped on the floor as dancers continue to perform, unaware of what is happening. French broadcaster France 24 confirmed the death, quoting his manager. On the African music scene since 1969, Papa Wemba won a world following with his soukous rock music. The Congolese band leader, whose real name was Jules Shungu Webadio, also inspired a cult movement known as the Sapeurs whose members, young men, spend huge amounts of money on designer clothes.
(The Associated Press 07/13/15)
Babajide Olatunji sold his first portrait for about $7. Seven years later, his charcoal renderings of faces with tribal markings sell for thousands of dollars. This 24-year-old's success is part of a new global recognition of the value of contemporary African art. "It's the new 'Scramble for Africa,' no longer for land, gold or diamonds, but for art," said Giles Peppiatt, who holds the only auctions of modern African art outside the continent, at Bonham's in London. "It's a rather...

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(Voice of America 09/21/17)
Cameroon has been using its 2014 anti-terror law to "silence critics and suppress dissent," according to a report released Wednesday by the U.S.-based Committee to Protect Journalists. Members of the media who report on the Boko Haram insurgency or controversial topics such as the ongoing strike in English-speaking zones have been arrested or threatened by the government, according to CPJ. Bruno Nkwemo of the Cameroon Union of Journalists says reporters fear practicing their profession. Cameroonian journalists are not criminals
(The Guardian 09/18/17)
Anna Jones says that, through selling its cocoa cheaply, Africa is exporting its wealth overseas; while Sue Banford claims that the soya moratorium in the Amazon has done nothing to halt deforestation. Only the final paragraph in your article on cocoa farming causing deforestation in Ivory Coast (Forests pay price for world’s taste for cocoa, 14 September) mentioned the most fundamental thing – the farmer’s livelihood, or lack of it. The low value of his (or more likely her) crop is undoubtedly the cause of this problem. But cocoa farming could also provide the solution. Recently, I was in Ivory Coast for the African Green Revolution Forum (AGRF) in Abidjan. It united many different parties – governments, the UN’s Food...
(Bloomberg 09/15/17)
Societe Generale SA, challenged on its home turf by Orange SA’s push into banking, is fighting back with a new mobile lender in Africa. The French lender started YUP, a new app for smartphones, in Senegal and Ivory Coast and plans to begin operating in four other sub-Saharan countries this year and next, the company said on Thursday. The bank aims to double its client base to 2 million in the region within three years. “Telcos have opened the way...
(Bloomberg 09/13/17)
Cameroon is taking steps to encourage farmers to grow better quality cocoa after a deterioration in last year’s crop resulted in lower prices for the country’s beans. About 90 percent of Cameroon’s cocoa exports in the season through July were classed as Grade 2, the second of three quality ratings for beans, according to Trade Minister Luc Magloire Atangana Mbarga. That compared with 97 percent previously and meant that Cameroonian cocoa was about 200 CFA Francs ($0.37) per kilogram cheaper than international prices for the chocolate ingredient, he said. Cameroon, the world’s fifth-largest cocoa producer, has distributed 1,800 new, modern dryers to farmers to help reduce the smoky smell and high moisture content that meant...
(Voice of America 09/12/17)
BUDUA, CAMEROON — The head of the multinational task force fighting Boko Haram says the war against the militants is being won, but warned that suicide bombings remain a threat, killing close to 400 people in Nigeria and Cameroon since April. Soldiers from the 7,800-person task force have been stationed in several towns and villages along the Nigeria-Cameroon border since those communities were liberated from Boko Haram a little over a year ago. The force's commander, Nigerian-born General Lucky Irabor, visited four communities along the border on Saturday to reassure local residents and rally the troops.
(Bloomberg 09/11/17)
The South African companies that dominate the U.K.’s growing private hospital industry are counting on more people like Katie Corrie. A children’s party entertainer, Corrie opted to use 13,000 pounds ($17,000) of her savings and inheritance to get a hip replacement rather than spend months on a National Health Service waiting list. Britons like her are forking out almost 1 billion pounds a year to cover their own medical expenses, a trend that’s giving at least one industry the scope...
(Voice of America 09/08/17)
Cameroon’s government has ordered the reopening of dozens of schools in the north that were deserted following attacks by Boko Haram. But turnout has been low amid continued security concerns. It was quiet Thursday morning at the government primary school in Tiriwa, a village 13 kilometers from Fotokol, a town on the Cameroon-Nigeria border. The government ordered the school reopened this week, but no one has shown up for class. The school was closed after Boko Haram fighters attacked the...
(Bloomberg 09/07/17)
African Rainbow Minerals Ltd., the miner chaired by South Africa’s richest black businessman, will pay a record dividend this year as rising iron-ore and manganese prices boosted earnings at its ferrous unit. ARM will pay investors 6.50 rand a share, almost triple that of the previous year, and its 11th consecutive dividend, the Johannesburg-based company said in a statement Thursday. The company benefited from a 45 percent increase in prices received for exported iron ore and 93 percent more for...
(Voice of America 09/05/17)
Millions of school children have failed to show up for the start of the school year in Cameroon's English speaking regions, even after the government freed most of the jailed leaders of anglophone protests. A teacher at Ntamulung bilingual high school in Bamenda, Cameroon, is teaching 20 children who have shown up on day one of the school year. At least 70 were expected in the classroom. Schools have been closed in the English-speaking northwest and southwest regions of Cameroon...
(AL Jazeera 09/05/17)
Amnesty International highlights role of young women and girls forced to target civilians in Nigeria and Cameroon. A surge in attacks by Boko Haram fighters has claimed nearly 400 lives since April in Nigeria and Cameroon, double the figure of the previous five months, according to a rights group. The increasing use of suicide bombers - often young women and girls forced to carry and detonate explosives in crowded areas - has killed at least 381 civilians in the two...
(BBC News Africa 09/05/17)
African champions Cameroon cannot qualify for the 2018 World Cup finals in Russia after a 1-1 draw with Nigeria in Yaounde on Monday. The result means Cameroon have just three points from four matches and can no longer finish top of Group B. "There's no-one in life who achieves all his goals [but] it's a disappointment," Indomitable Lions coach Hugo Broos said after the game. In Monday's other match, Libya earned a 1-0 win over Guinea in Group A. Nigeria...
(Bloomberg 09/05/17)
A surge in agriculture has helped lift Africa’s biggest economies out of their slumps, but the recovery may be weak. Gross domestic product in Nigeria, the continent’s largest crude producer, advanced for the first time in six quarters in the three months ended June from a year earlier, growing 0.55 percent, the statistics agency said. In South Africa, GDP expanded 2.5 percent from the previous quarter, ending the second recession in almost a decade. Both economies had agriculture largely to...
(AL Jazeera 09/04/17)
Protesters against alleged discrimination by French-speaking majority released from prison after months of detention. Dozens of English-speaking activists have been released from jail in Cameroon, more than six months after their arrest for organising peaceful protests demanding equal treatment in the mainly French-speaking country. Fifty-two of them were freed from two prisons in the capital, Yaounde, overnight on Friday and several of the most high-profile activist leaders were released earlier this week following a presidential decree. Watched by security forces
(Bloomberg 09/04/17)
The worst may be over for Africa’s two largest economies as they likely emerged from a slump in the second quarter. Official data on Tuesday will probably show South Africa’s economy expanded in the three months through June, ending its second recession in less than a decade. Nigeria’s gross domestic product probably grew from a year earlier, and came out of its worst slump in a quarter of a century. South Africa and Nigeria together account for almost half of...
(Bloomberg 08/30/17)
One Thousand & One Voices LLC, a private-equity fund started by the great-grandson of the founder of Coors Brewing Co., said it bought a producer of sushi-quality trout that is the largest such facility in Africa. SanLei’s operations are on the Katse Dam in Lesotho, an enclave surrounded by South Africa, 1K1V, as the fund is known, said in an emailed statement Tuesday. The company didn’t disclose the value of the transaction. SanLei has secured a marketing and distribution agreement...
(Voice of America 08/29/17)
YAOUNDE — Fall armyworm has spread to Cameroon. The pest has attacked crops in at least 24 African countries. In Cameroon, the Ministry of Agriculture says it is particularly concerned about the impact of the fall armyworm infestation in the north and the east of the country. Minister-delegate Ananga Messina says fall armyworm has infested six of the central African state’s 10 regions. She says the armyworms have been a serious threat to food security in Cameroon because cereals like...
(BBC News Africa 08/28/17)
Nigeria have suffered a blow ahead of their 2018 World Cup qualifier against Cameroon in Uyo on Friday, after Arsenal forward Alex Iwobi withdrew from the squad with a thigh muscle strain. The 21-year-old will also miss the away leg against African champions Cameroon in Yaounde on 4 September, according to the Nigeria Football Federation (NFF). Iwobi was due to join the Super Eagles training camp on Monday after Arsenal's Premier League game at Liverpool on Sunday. Iwobi, the nephew...
(Bloomberg 08/24/17)
Every African nation that’s sold dollar debt now has at least one junk rating, but it would be hard to tell by looking at the bond market. The average yield on sovereign Eurobonds in Africa has hovered near the lowest level in two years this month, according to a Standard Bank Group Ltd. index, even after Moody’s Investors Service cut Namibia to below investment grade on Aug. 11. The world’s biggest producer of marine diamonds had been the continent’s only...
(Voice of America 08/23/17)
YAOUNDE — At least half a dozen schools in Cameroon's two English-speaking regions have been burned in the past week. It is the latest sign of deepening tensions as the ongoing strike in Cameroon’s two English-speaking regions enters its tenth month. The strike began in November 2016 with anglophone teachers and lawyers in the northwest and the southeast. They said English-speaking citizens are marginalized in the bilingual country and demanded reforms. But secessionist groups soon joined the movement, and their...
(Bloomberg 08/21/17)
GreenWish Partners, a renewable energy company run by a former Morgan Stanley executive, is planning to invest $800 million on solar-powered telecommunications towers across Africa. The project could fuel economic growth by providing power for essential services. Sub-Saharan Africa has the lowest rates of energy access in the world and is home to about half of the world’s 1.2 billion people without reliable electricity, according to the International Energy Agency. The problem extends to businesses as well as households, cutting...

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