| Africatime
Thursday 30 March 2017
(Xinhuanet 04/16/13)
CAIRO, (Xinhua) -- Egyptian Cairo Court of Appeal on Monday ordered to grant parole to former President Hosni Mubarak in the case of killing protesters during the 2011 turmoil, and to keep him in custody pending investigations in other cases, local TV reported. However, state-run al-Ahram online reported that "the court's judges are still discussing the decision, and no rule has been issued yet." Mubarak was sentenced to life in prison in June, 2012 in the case of killing protesters, but he appealed the court's verdict later. The court of cassation accepted the appeal and ordered in January 2013 a retrial for Mubarak and his Interior Minister Habib al-Adly. Following the retrial rule, Mubarak, who had been in custody since...
(Reuters (Eng) 04/15/13)
Sub-Saharan Africa's economic growth should accelerate to more than 5 percent over the next three years, far outpacing the global average, but the region must do more to convert this into reducing poverty, the World Bank said on Monday. In its latest Africa's Pulse analysis of prospects for the region, the bank saw increased investment, high commodity prices and a pick-up in the global economy driving this expected growth surge in the world's poorest continent. It said foreign direct investment (FDI) inflows to Sub-Saharan Africa were projected to increase to record levels each year over the next three years, reaching $54 billion by 2015. This compared to $37.7 billion in 2012, a 5.5 percent increase in a year when FDI...
(Heegan Times 04/12/13)
Mogadishu– Egyptian Foreign Minister Mohamed Kamel Amr said his country will reopen its embassy in the Somali capital during the first visit of high ranking diplomat from the most powerful Arab nation in Mogadishu. Egypt’s restoration of diplomatic ties with the Horn of Africa nation comes after the country has shown signs of improvement in the last 18 months. “Through restoring the embassy to Mogadishu, Egypt aims to reinforce that it is a main partner to the Somali government as it faces all the challenges of the Somali people”, read a statement from Egyptian Ministry of Foreign Affairs the delegation led by Foreign Minister Amr is the highest profile ministerial level for more than 20 years by Egyptian politician. Somali...
(Reuters (Eng) 04/10/13)
Carlyle Group (CG.O) is looking at a number of banks in east and west Africa for a potential investment, its Africa co-head said on Wednesday, as the U.S. private equity firm focuses on the continent's growing consumer market. Carlyle, which last year invested in a pan-African grain trading firm, has recently signed a second deal, Marlon Chigwende also told the Reuters Africa Investment Summit. "Banking is very interesting today, and that is the general statement across a lot of sub-Saharan Africa," Chigwende told the Reuters Africa Investment Summit in Johannesburg. "Certainly, there are several opportunities of fast-growing banks, good management teams, interesting market positioning." Although private equity is still at a nascent stage in Africa, investor interest in the fast-growing...
(BBC News Africa 04/10/13)
The leader of Egypt's Coptic Christians has accused the country's president of "negligence" following deadly clashes outside the main cathedral in Cairo. Pope Tawadros II said Mohammed Morsi had failed to protect the building, where two people died after being attacked by an angry mob of Muslims. The remarks were the strongest issued against President Morsi by Pope Tawadros since he took office in 2012. The weekend clashes between Muslims and Copts were Egypt's worst in months. The two people - at least one of whom was a Christian - were killed after attending a funeral for four Christians who died in sectarian violence in Khosous, about 10 miles (15km) north of Cairo, the previous day. A Muslim was also...
(Voice of America 04/09/13)
CAIRO, EGYPT — Senior opposition figure Mohamed ElBaradei set three conditions on Monday for ending a boycott of Egypt's elected Islamist president and working for a national consensus. The former head of the U.N. nuclear watchdog called for the appointment of a "neutral and credible" government capable of managing the country, an independent prosecutor-general and a panel to draft a new elections law. Speaking at an economic conference organized by the leftist Popular Current party, ElBaradei said the opposition was prepared to work with President Mohamed Morsi for Egypt's sake. "We are waiting for President Morsi to understand that time is not on his side, not on Egypt's side," he said. "We will begin a dialogue if three conditions are...
(France24(EN) 04/09/13)
Scores were injured and two people died after clashes broke out at the Coptic Orthodox Cathedral in the Egyptian capital Cairo on Sunday, following a funeral service for four Egyptian Christians killed in sectarian violence last week. By News Wires (text) A second Egyptian died on Monday of wounds sustained in clashes at Cairo’s Coptic cathedral the previous day in an outbreak of sectarian violence that the government and Muslim and Christian leaders sought to calm. A security source said a 21-year-old Muslim man, named only as Mohamed, died of a fractured skull in hospital after fighting between local Muslims and Copts who had been attending a funeral for four Christians shot dead in a town near Cairo on Friday...
(BBC News Africa 04/08/13)
Two people were killed in clashes outside Cairo's main cathedral on Sunday, Egyptian officials now say. Calm returned to central Abbassiya area where police deployed heavily outside St Mark's Cathedral. Several Coptic demonstrators were still gathered there on Monday morning. Sunday's violence followed the funerals of four Coptic Christians killed in religious violence on Saturday. Mourners leaving St Mark's Cathedral clashed with local residents. Police fired tear gas to break up the violence. More than 89 people were injured, the state news agency said. The health ministry said one Christian man was killed in Sunday's clashes. The other victim of the violence has not been identified. Mourners inside the church had earlier chanted slogans against Egypt's Islamist President, Mohammed Morsi...
(International Business Times 03/28/13)
A pivotal link between Asia and Africa was cemented this week when Egyptian President Mohamed Morsi traveled to meet Indian Prime Minister Manmohan Singh. Though the two economies have little in common, Egypt and India stand to benefit greatly. The partnership will do more than link up two of the world’s most important economic systems -- it will also help Egypt to maintain its diplomatic independence by lessening its reliance on Western powers. Typically, that’s China’s game; the world’s second-largest economy is putting down roots all across Africa. China’s annual bilateral trade with Egypt is around $9 billion, making it Egypt’s third-largest trading partner after the United States and the European Union. India comes in seventh -- but it’s now...
(International Business Times 03/28/13)
With Egypt’s foreign currency reserves pretty much exhausted, no tourism industry, and no International Monetary Fund deal finalized or announced, President Hosni Mubarak is looking anywhere for help to prop up his country’s slowly melting economy. The Qatari government was kind enough to hand over $4 billion of support earlier in March. But, Libya? It might not be that crazy of an idea. Libya is still dealing with political reform and attempting to control separatist groups after overthrowing its own dictator, Moammar Gadhafi, in 2011. Despite this, its economy, dependent mostly on oil, rebounded very quickly after the revolution. A report released by the IMF in 2012 showed that Libya’s oil exports, while still down, were on a very healthy...
( 03/27/13)
Libya is considering extending financial aid to Egypt to help its North African neighbor overcome a severe economic crisis, Libyan Prime Minister Ali Zaidan said on Wednesday. Egypt, which has endured more than two years of political instability since the overthrow of President Hosni Mubarak in 2011, is struggling with sliding currency reserves, falling tourism and a soaring budget deficit. OPEC-producer Libya is itself rebuilding after the overthrow of Muammar Gaddafi in 2011. Several newspapers had reported this week that Libya will deposit $2 billion at Egypt's central bank to support the economy but Zaidan said nothing had been decided yet. "It has been under consultation. This issue has not been decided yet," Zaidan told reporters in the Qatari capital...
(Reuters (Eng) 03/26/13)
"BRICS, Don't Carve Africa" reads a banner in a church hall in downtown Durban where civil society activists have gathered to cast a critical eye at a summit of five global emerging powers. The slogan evokes the 19th Century conference in Berlin where the predominant European colonial states carved up the African continent in a scramble historians see as epitomizing the brash exploitative capitalism of the time. Decades after Africans threw off the colonial yoke, it is the turn of the blossoming BRICS group of Brazil, Russia, China, India and South Africa to find their motives coming under scrutiny as they proclaim an altruistic-sounding "partnership for development, integration and industrialization" with Africa. Led by that giant of the emerging powers,...
(Reuters (Eng) 03/26/13)
President Barack Obama hosts the leaders of four African nations this week, all of which are cited in a new report for effectively increasing spending on agriculture to combat extreme poverty and hunger. The report by the ONE Campaign, an anti-poverty group co-founded by Irish rockers Bono and Bob Geldof, said Senegal, Malawi, Cape Verde and Sierra Leone either met or were close to meeting targets for increased budget spending on agriculture. All of the countries, except Cape Verde where there is little data, are also on track or close to meeting a U.N. target of halving extreme poverty by 2015, the report said. The African leaders will visit the White House on Thursday to showcase their fledgling democracies, but...
(The New York Times 03/26/13)
BEIJING — As President Xi Jinping of China continues his first overseas trip as his country’s leader, arriving in South Africa late on Monday after Russia and Tanzania, he meets with much goodwill – but also some concern among Africans that China may be a “new colonial power,” extracting resources and selling manufactured goods, as I reported on Sunday. China knows it. In a speech in Tanzania, Mr. Xi sought to calm the concerns, as my colleagues Chris Buckley and Jeffrey Gettleman reported. “China frankly faces up to the new circumstances and new problems in Sino-African relations,” Mr. Xi told an audience of Tanzanian politicians and officials in Dar es Salaam, the country’s economic hub and a center of government,...
(BBC News Africa 03/20/13)
Egyptian police have arrested a close aide and cousin of the late Libyan leader, Col Muammar Gaddafi. Ahmed Gaddaf al-Dam was Tripoli's special envoy to Cairo for many years and left Libya for Egypt shortly after the 2011 uprising against Col Gaddafi. Egypt's prosecutor general has ordered Mr Gaddaf al-Dam's detention for 30 days while charges against him are investigated. He gave himself up to Egyptian police after his home in Cairo was surrounded. Mr Gaddaf al-Dam is one of several high-profile Libyan figures residing in Egypt who have been pursued by Libyan authorities and the international police body Interpol since the end of the war.'Documents forged' Libya's deputy attorney general Taha Baara confirmed the arrest, saying Libya had presented...
(Reuters (Eng) 03/14/13)
Catholics in Africa and Asia on Thursday greeted the election of Pope Francis from Argentina as a historic breakthrough that would pump the developing world's vital energy into a struggling Church and amplify the voice of the planet's poor. While there was disappointment that Pope Benedict's successor did not come from the African or Asian continents, Cardinal Jorge Bergoglio's Third World origins spurred hopes of a kindred spirit among Catholics from Manila to Maputo. Argentina, in Latin America's southern cone, is as far from Africa and Asia as Europe, the prime source of previous pontiffs. But these rapidly developing southern continents of the globe, where poverty still looms large, are now home to the world's fastest growing Catholic communities. African...
(Xinhuanet 03/14/13)
Egyptian State Lawsuit Authority, representing the government, submitted Wednesday an appeal against the Administrative Court's decision to suspend parliamentary elections. The appeal was submitted against Administrative Court's ruling issued last week to suspend a decree by President Mohamed Morsi to hold the parliamentary polls on April 22 and refer 14 lawsuits against the constitutionality of elections law to the Supreme Constitutional Court. In a statement, the authority said that its decision to challenge the administrative court's ruling came after a deep studying for the verdict's different sides, arguing the ruling that prevents the president from practicing his political powers. Another appeal was submitted against the administrative court ruling by former lawmaker Mohamed al-Omda. Thus, Egypt's Administrative Court decided Wednesday to...
(Ahram Online 03/11/13)
Prosecutor-general's statements inviting public to make citizen's arrests opens door to 'private militias' and 'civil war,' military source tells Ahram Online A military source who spoke to Ahram Online on Monday slammed recent statements by the office of Egypt's prosecutor-general in which the latter gave the green light to members of the public to make citizen's arrests of anyone found committing acts of vandalism. The source, who spoke on condition of anonymity, said the move would open the door to the formation of "private militias" and raise the spectre of "civil war." The military source supported his assertions by pointing to the reaction to the statement by Islamist groups, some of whom quickly announced plans to set up 'popular committees'...
(Afrol News 03/08/13)
An Egyptian court ruled that the parliamentary elections, which President Mohammed Morsi had decreed for 22 April, must be postponed. Judges say the Constitutional Court needs time to approve the new Electoral Code. Mr Morsi says he will appeal the ruling. Egypt has struggled to establish a legitimate legislative ever since the revolution. Now, the country's judiciary is causing yet another hurdle to the process. The last parliamentary elections in Egypt were only held in 2011-12, but the country's Constitutional Court in June last year declared the elections void as the Electoral Code used was deemed unconstitutional. As a result, the court held, the allocation of parliamentary seats between the political parties had been wrong. The court ordered a new...
(ABC News 03/06/13)
An Egyptian court on Wednesday convicted a Hosni Mubarak-era steel magnate of profiteering and squandering public funds, and handed him a 37-year prison sentence and $296 million fine — the heaviest penalty yet against a former regime official since the longtime autocrat's fall two years ago. Ahmed Ezz, who is already serving a combined 17 years in prison from convictions of graft and money laundering, is one of the highest-profile ex-regime insiders to face corruption charges since the popular uprising that ousted Mubarak in February 2011. A court in Cairo's sister city of Giza found Ezz guilty Wednesday of making illicit gains of $740 million over a decade in a number of illegal business deals involving a steel firm in...

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