| Africatime
Sunday 23 April 2017
(Voice of America 02/09/17)
Officials in northern Cameroon say Boko Haram is hitting back against regional military pressure with suicide attacks. Rarely a week goes by without reports of a bombing. To protect border communities, Cameroon is reinforcing the capabilities of local self-defense groups who help the military. Music is played to welcome 200 recruits of the self-defense group in Mora on Cameroon's northern border with Nigeria. Among the thousands witnessing the exercise is Far North region Governor Midjiyawa Bakari. The governor told the recruits President Paul Biya has instructed him to visit all border localities to congratulate
(Standard Digital 02/09/17)
Hundreds of business and political personalities yesterday attended a German-African economic summit in Nairobi, where German Minister for Economic Cooperation and Development Gerd Mueller talked about his “Marshall Plan” for Africa. The plan is “with Africa, not for Africa,” Mueller (pictured) said, stressing that it would be based on cooperation between equals rather than the principles of traditional development aid. The plan, which Mueller presented to the German parliament’s development committee on Wednesday, is based on fair trade conditions, investment and increasing aid for educational projects. One of the goals of the plan, which the German opposition received with scepticism, is to curb migratory flows from Africa to Europe. Mueller called on German companies to focus on Africa, which he...
(AL Jazeera 02/08/17)
The EU must espouse a transnational approach with a clear development agenda that replaces its current security policy. One year ago, 22-year-old Patrick left Douala, the largest city in Cameroon, to become a football star in Europe. A talented midfielder and an ambitious young man, Patrick felt compelled to reach Europe to help him to realise his dreams. But, as he passed through Agadez in Niger, which has become a major transit hub for migrants taking the Central Mediterranean route, reality proved to be grimmer than he had anticipated. Patrick and two of his male relatives, also travelling from Douala, were beaten, robbed and held captive by organised predatory groups. Finally, their tumultuous journey came to an end in Algeria,...
(AFP (eng) 02/06/17)
Cameroon celebrated the most improbable of victories at the Africa Cup of Nations on Sunday which coach Hugo Broos hoped would pave the way towards a bright future for his team. The Indomitable Lions showed remarkable character to come from behind and beat Egypt 2-1 in a brilliant game at the Stade de l'Amitie in Libreville with Nicolas Nkoulou and Vincent Aboubakar scoring to spark wild celebrations. It was the first time a team had come from behind to win the final since 1994 and it was a first continental title for Cameroon since 2002, their fifth in total. The triumph, witnessed by a crowd in the Gabonese capital made up of a majority of Cameroonians, completed a remarkable journey...
(AFP (eng) 02/06/17)
Vincent Aboubakar came off the bench to score a stunning winner with two minutes left as Cameroon fought back from behind to beat Egypt 2-1 in a thrilling Africa Cup of Nations final on Sunday. Arsenal midfielder Mohamed Elneny had given Egypt the lead midway through the first half and Egypt looked to be on course to win an unrivalled eighth Cup of Nations crown in their first appearance at the tournament since 2010. But Nicolas Nkoulou, who had come off the bench in the first half, headed in the equaliser just before the hour mark and fellow substitute Aboubakar slammed in the winner in the 88th minute.
(AFP (eng) 02/06/17)
Cameroon coach Hugo Broos hailed his side's triumph against the odds at the Africa Cup of Nations on Sunday and declared his hope that it can herald a bright future for the country. Broos had to deal with a host of refusals from key players to accept call-ups for the Cup of Nations but a new squad defied expectations to reach the final, where they beat Egypt 2-1 in Libreville. "It's true that when I came to Cameroon nearly a year ago I found a group of players who were old, not motivated, so I had to change that," Broos said after the Indomitable Lions came from behind to beat Egypt with goals from Nicolas Nkoulou and Vincent Aboubakar. "The...
(AFP (eng) 02/06/17)
Cameroon's victory in the Africa Cup of Nations final on Sunday means they will be the continent's representative in the Confederations Cup in Russia later this year. Cameroon, who beat Egypt 2-1 in the final in Libreville, will come up against Chile, Australia and the world champions Germany in Group B of the eight-team competition which runs from June 17 to July 2. The Indomitable Lions will play Chile in Moscow on June 18 in their opening game of the tournament, which is seen as a warm-up ahead of the World Cup next year.
(Bloomberg 02/06/17)
Prem Watsa’s Fairfax Financial Holdings Ltd. is expected to raise about $500 million for its new African investment fund, attracting less than its original goal as investor interest in the region proved weaker than anticipated, according to people familiar with the matter. The Toronto-based insurer sought to raise as much as $1 billion at $10 a share for Fairfax Africa Holdings Corp. in an initial public offering on the Toronto Stock Exchange, according to a regulatory filing in December. Fairfax said it had secured as much as $416 million in commitments for the African venture from both its own funds and partners, including the Ontario Municipal Employees Retirement System, a Canadian pension fund and CI Investments Inc., according to the...
(AFP (eng) 02/04/17)
Cameroon and Egypt are both aiming to cap remarkable revivals by winning the Africa Cup of Nations when they meet in a final that few thought possible in Libreville on Sunday evening. These are two of the most successful nations in the 60-year history of the competition, with Egypt unrivalled on seven titles and Cameroon, four-time winners, just behind alongside Ghana. But at the outset of the tournament in Gabon it was the likes of Algeria, Senegal and defending champions the Ivory Coast who were considered the favourites, with Egypt no more than dark horses in their first appearance since 2010. Cameroon, meanwhile, came with what looked like their weakest ever squad, handicapped by the refusal of several leading players...
(AFP (eng) 02/03/17)
Michael Ngadeu and Christian Bassogog both netted in the second half as Cameroon beat Ghana 2-0 in Franceville on Thursday to reach the Africa Cup of Nations final. A finely-poised tie remained goalless until the 72nd minute, when Ghana goalkeeper Razak Brimah failed to deal with a free-kick into his area and John Boye's weak defensive header merely served as an assist for Ngadeu to control and fire home. Bassogog then broke away to clinch the win and spark wild celebrations as Hugo Broos's side progress to a final against Egypt in Libreville on Sunday. That will be the Indomitable Lions' first Cup of Nations final since they lost 1-0 to the Egyptians in 2008. Then they also beat Ghana...
(AFP (eng) 02/03/17)
Cameroon coach Hugo Broos expressed his delight after his team beat Ghana 2-0 on Thursday to reach the final of the Africa Cup of Nations. "It is a real dream for us to get to the final," said Broos after second-half goals by Michael Ngadeu and Christian Bassogog allowed Cameroon to win the semi-final tie in Franceville. "Ghana have more experience than us -- look at what they have done in recent tournaments. "But since the start of this tournament we have shown we keep going right to the end in every game. "We started well, but in the second half we suffered a bit. But you need a bit of luck, and the second goal came when Ghana were...
(Xinhuanet 02/03/17)
T20 Africa Conference, the meeting for the G20 think tanks and African countries, ended on Friday in Johannesburg with a commitment to accelerate cooperation between the G20 and Africa. The three-day conference aimed to chart a course for the future cooperation between Africa and the G20. The day ended with the formulation of the communique which will be given to the current G20 chair Germany. The communique will also be the reference for further discussion between Africa and T20. T20 comprises of the G20 think tanks. Dr. Christine Hackenesch, researcher at the German Development Institute (DIE) said, "There was an agreement that there must be a continuous and sustained engagement between G20 and Africa because there is a strong dependence...
(Agence Ecofin 02/02/17)
As part of the reform of the Société nationale d’investissement (SNI – National Investment Company), the secular arm of the Cameroonian State in the creation or acquisition of stake in companies, the government should solicit funding from the World Bank, the African Development Company or Proparco, we learned from good sources. These lending institutions should enable the launch of the first investment fund in development at SNI, called Fonds national d’investissements stratégiques (Fonis – National Strategic Investment Fund). This investment vehicle, based on the revelations recently made by the Cameroonian Minister of Industry, will be specialised in financing the government’s major infrastructure
(Reuters (Eng) 02/02/17)
An armed group attacked a U.N. technical team working along the border between Nigeria and Cameroon, killing five people and wounding several, the United Nations Office for West Africa said on Wednesday. The attack occurred on Tuesday at around 1400 local time near the Cameroonian border town of Kontcha, the statement said. "The victims were one U.N. independent contractor, three Nigerian nationals and one Cameroonian national," it added. (Reporting by Emma Farge; editing by John Stonestreet)
(Reuters (Eng) 02/02/17)
African leaders have backed a "strategy of collective withdrawal" from the International Criminal Court (ICC), but it came with unspecified reservations, an African Union official said on Wednesday after this week's African Union summit. The official did not give details about the strategy or the reservations, but it highlights broad antipathy towards the court among Africans who feel the ICC unfairly targets them. A document seen by Reuters before the summit proposed a co-ordinated withdrawal unless the ICC was reformed. It included a call for "regionalization" of international law, a reference to proposals for an African war crimes court. Almost a third of the ICC's 124 members are African, and a withdrawal by a large number of them would cripple...
(AfricaNews 02/01/17)
Businesses in Cameroon’s restive anglophone regions are losing money as a result of an internet cut that has been in place since January 17, 2017. The Internet Without Borders group estimates that small businesses had lost an estimated 44,000,000 CFA Francs, which translates to $723,000 or 675,000 euros. The group wants internet restored to the affected areas as a matter of urgency. According to a report published today by one of its researchers, beyond the outage being a violation of the rights of citizens, it ‘‘also has consequences for the economy: banking and money transfer agencies closed.’‘ It added that the outage had blocked entrepreneurs who are an important part of the economic activity of the country. The report also...
(AFP (eng) 02/01/17)
Cameroon coach Hugo Broos on Wednesday accused the country's football federation of disrespecting his team in a row over bonuses ahead of their Africa Cup of Nations semi-final against Ghana. "It's true that we -- not just the players but all of us -- are not happy with the bonuses that have been given to us because there is a lack of respect," Belgian Broos, 64, told reporters in Franceville, southeastern Gabon, where Thursday's match will be played. "When you make these performances, I think the players like something more. I don't think they are asking for the end of the world but what they give us now is not good." Just before the tournament began the Cameroonian federation (FECAFOOT)...
(AFP (eng) 02/01/17)
Cameroon's presence in the last four of the Africa Cup of Nations against all the odds owes much to the exceptional performances of their 21-year-old goalkeeper Fabrice Ondoa. Following snubs from several experienced players, the Indomitable Lions travelled to Gabon with what looked like their weakest ever squad at the competition. And yet Ondoa has helped them progress at the expense of the hosts and much-fancied Senegal and on to a semi-final against Ghana on Thursday. "Since the start of the competition he has saved us in a lot of matches. He has really been in his element," said teammate Arnaud Djoum of the man who has been handed the gloves by coach Hugo Broos. It was Ondoa's remarkable reaction...
(AFP (eng) 02/01/17)
The nearly men of African football in recent years, Ghana go into a sixth consecutive semi-final at the Cup of Nations when they face Cameroon in Franceville on Thursday. The Black Stars have not won the trophy since 1982, instead gaining a reputation for coming up just short all too often over the last decade. Avram Grant's side lost on penalties to the Ivory Coast in the final two years ago, while their current run of near misses began with a 1-0 defeat to Cameroon at home in Accra in 2008. But in Gabon they have seemed like a side on a mission to end their long title drought and a 2-1 quarter-final win over DR Congo in Oyem on...
(Xinhuanet 02/01/17)
Newly elected senior officials of the African Union (AU) Commission, including Chairperson and Deputy Chairperson of the AU Commission, were sworn in on Tuesday at the conclusion of the 28th AU summit in Ethiopia's capital Addis Ababa. In addition to the two top officials, other officials took the oath for positions including, peace and security; political affairs; trade and industry; social affairs; infrastructure and energy; and rural economy and agriculture. The 28th AU summit also elected Alpha Conde, President of the Republic of Guinea, for a rotating chairmanship of the African Union. In his acceptance speech on Monday, Conde said, "It is with honor and humility that I accept to preside at the destiny of our Organization during the year...

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