Wednesday 18 October 2017
(AFP (eng) 10/18/17)
Rent-a-room giant Airbnb said Tuesday that it had provided accommodation for 1.2 million visitors to Africa over the last year -- double the previous year as tourism expands across the continent. The website now offers more than 100,000 accommodation options in Africa, global public affairs director Chris Lehane said on a visit to Johannesburg. "It's an incredibly rich and diverse continent, an incredibly dynamic place, certainly a big part of our future," Lehane told AFP. Airbnb was founded in 2008 and offers accommodation ranging from single bedrooms to whole homes in 65,000 cities in 191 countries. The company announced Tuesday that it would invest $1 million (850,000 euros) in Africa by 2020 to "promote and...
(APA 10/16/17)
APA - Jacqueville (Cote d’Ivoire) - Meeting in the Ivorian city of Jacqueville, Stakeholders in the agricultural sector, on Saturday, presented agriculture development programs aimed at easing the illegal migration crisis. The presentation took place about 50 km west of the capital city Abidjan, where the 37th edition of World Food Day was celebrated around the theme, “Changing the future of migration: investing in food security and rural development.” According to the Ivorian Minister of Agriculture and Rural Development, Mamadou Sangafowa Coulibaly, “agriculture must help alleviate this phenomenon” of migration hence his advocacy for more means for its development.
(APA 10/16/17)
APA-Dakar (Senegal) - The president of the African Development Bank, Akinwumi Adesina, will deliver the Norman Borlaug Lecture on Monday 16 October as part of the World Food Prize events taking place from October 16 to 20, 2017 in Des Moines, Iowa, USA. The Norman Borlaug Lecture under the title: “Betting on Africa to Feed the World”, will be held on World Food Day, October 16, in conjunction with the annual World Food Prize celebration. AfDB President Adesina will receive...
(AFP (eng) 10/10/17)
Economic growth in sub-Saharan Africa is set to accelerate to 3.4 percent next year, the International Monetary Fund said Tuesday, citing Nigeria's recovering oil and agricultural sectors. The IMF said in its latest World Economic Outlook report that the region would grow by 2.6 percent this year after 1.4 percent in 2016. "Growth is expected to rise gradually," it said, while noting that the rate would be uneven and "barely above population growth". GDP in the west African powerhouse Nigeria...
(Reuters (Eng) 10/05/17)
NAIROBI (Reuters) - Hilton Worldwide Holdings Inc. (HLT.N) plans to spend $50 million over the next five years to add 100 hotels to its chain in Africa, it said on Thursday, joining other chains keen to tap growing business and international travel on the continent. One property will open in the Kenyan capital Nairobi by the end of this year and another in the Rwandan capital Kigali in 2018, it said in a statement. There was 11 percent growth in...
(AFP (eng) 10/01/17)
Ivory Coast, the world's top cocoa grower, on Sunday set its minimum rate for farmers at 700 CFA francs per kilo for the 2017-18 crop, a steep drop over the previous year, due to falling global prices. Although production increased 28.5 percent to a record 2.15 million tonnes in the 2016-17 season, world cocoa prices have fallen by more than a third. The minimum price guaranteed to farmers was 1,100 CFA francs (1.68 euros, about $1) per kilo at the...
(AFP (eng) 09/29/17)
Government shutdowns of the internet have cost sub-Saharan Africa about $237 million since 2015, according to a study released Friday, as authorities increasingly implement planned disruptions. At least 12 countries have had internet shutdowns, often before elections or when protests erupt, with mobile internet networks most recently suspended in Togo during opposition demonstrations. "Internet disruptions, however short-lived, undermine economic growth, disrupt the delivery of critical services, erode business confidence, and raise a country’s risk profile," the CIPESA report said. The Collaboration on International ICT Policy for East and Southern Africa (CIPESA) released its...
(Bloomberg 09/28/17)
Ivory Coast President Alassane Ouattara will propose to his counterpart in Ghana that the two neighboring countries and world’s biggest cocoa producers narrow a gap in producer prices to discourage smuggling of beans, according to a person familiar with the matter. Ouattara will call Ghanaian President Nana Akufo-Addo on Thursday before Ivory Coast announces a new minimum price for cocoa purchases on Oct. 1, said the person, who asked not to be identified because he’s not authorized to speak about...
(Dw-World 09/27/17)
After an international maritime court backed Ghana in a dispute with Ivory Coast over claims to oil fields in the Gulf of Guinea, Ghanaians hope they will profit from the country's oil wealth. Isaac Kaledzi reports. Ghana and neighboring Ivory Coast have been arguing over who owns which oil field in the Gulf of Guinea for years. On Saturday, the Hamburg-based International Tribunal for the Law of the Sea (ITLOS) ruled Ghana did not violate maritime borders by conducting oil...
(Bloomberg 09/27/17)
Studio 189, a label founded by actress Rosario Dawson and fashion executive Abrima Erwiah, is reinvesting in its African roots. It’s hard enough to build a fashion brand, let alone an empire. Rare is the person who makes a mission of using fashion to build communities. Such is the case with Studio 189, a label founded by longtime friends Abrima Erwiah (formerly a marketing executive at Bottega Veneta) and Rosario Dawson (an enduring star most recently seen in Netflix’s Marvel...
(Reuters (Eng) 09/26/17)
Cocoa arrivals at Ivory Coast ports had hit around 2 million tons by September 24 since the start of the season on Oct. 1, the largest cocoa harvest ever seen in the world’s top grower, exporters estimated on Monday. The figure was up by about a third from about 1.5 million tons in the same period of the previous season and breaks a world record for a single year’s harvest from any cocoa exporting country. Exporters estimated that around 4,000...
(Reuters (Eng) 09/26/17)
Farmers earn so little from coffee that many are likely to abandon their trees, endangering future supplies at a time of surging demand, the head of the International Coffee Organization (ICO) said on Monday. Jose Sette, executive director of the intergovernmental body, said farmers’ low earnings in many countries were depressing supply even as demand grows around 2 percent annually on the back of rising consumption in emerging markets. “If farmers are not well remunerated and encouraged to plant coffee,...
(Reuters (Eng) 09/26/17)
Israel’s Elbit Systems Ltd said on Tuesday it won a contract worth $240 million to provide a wide array of defense electronic systems to an unnamed country in Africa. The contract, which will be carried out over a two-year period, is comprised of Directed Infra-red Counter Measure (DIRCM) systems to protect aircraft from shoulder fired missiles, based on passive infrared systems, and includes missile warning systems, radio and communication systems, land systems, mini-unmanned air systems and helicopters upgrade.
(Reuters (Eng) 09/25/17)
Cocoa arrivals at Ivory Coast ports had hit around 2 million tons by September 24 since the start of the season on Oct. 1, the largest cocoa harvest ever seen in the world’s top grower, exporters estimated on Monday. The figure was up by about a third from about 1.5 million tons in the same period of the previous season and breaks a world record for a single year’s harvest from any cocoa exporting country. Exporters estimated that around 4,000...
(Voice of America 09/25/17)
African first ladies and activists hailed progress that some governments on the continent are making on gender equality. They met on the sidelines of the United Nations General Assembly in New York. “We used to have 23 percent female representation in parliament but, with the stroke of a pen it went up to 48 percent. So, we managed to double our female representation with that decision,” said Namibia’s first lady Monica Geingos at a roundtable invitation-only event co-hosted by the...
(Citifmonline 09/21/17)
President Akufo Addo says his government will not make any pronouncements on the yet to be delivered judgment on the maritime border dispute between Ghana and Ivory Coast. Nana Addo maintains that a lot of work is ongoing on how best to handle the outcome of the three year dispute. The International Tribunal of the Law of the Sea (ITLOS), is expected to give its ruling on the matter on Saturday, September 23, 2017. The landmark ruling is also expected...
(Graphic Online 09/20/17)
Ghana and Cote d’Ivoire have jointly appealed to the African Development Bank (AfDB) for a loan facility of $1.2 billion to set up warehouses and establish chocolate manufacturing facilities. The decision of the two countries is in response to the sharp decline of the price of cocoa on the international market. The Minister of Food and Agriculture, Dr Owusu Afriyie Akoto, disclosed this to the Daily Graphic after his return from Ivory Coast where he paid a courtesy call on...
(Bloomberg 09/20/17)
Ghana’s cocoa board pays $27 more for a bag of beans than it’s worth in Ivory Coast. Illicit traders are profiting from the difference. Much of Jamilatu Mohammed’s harvest of cocoa beans is sitting in a storage shed near her dilapidated mud house along Ghana’s western border when it should be on its way to factories of chocolatiers like Nestle SA. The mother of two and other small growers in the world’s no. 2 producer represent the casualties in a...
(APA 09/20/17)
The Ivorian State-Private Sector Consultation Committee (CCESP), on Tuesday launched in Abidjan the activities of the scientific committee of the fourth edition of sectoral meetings dedicated to agriculture. The event was in the presence of development partners and representatives from professional farming organizations. Coulibaly Siaka Minaya, the Minister of Agriculture and Rural Development Chief of staff said the fourth edition of CCESP sectoral meetings should ensure that agriculture is organized to “take into account the sustainability of the farming sector.”...
(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...

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