| Africatime
Tuesday 28 March 2017
(The Ethiopian Herald 02/22/17)
Ethiopia's ties with Gulf countries is gaining momentum Ethiopia and the United Arab Emirates (UAE) are desirous of strengthening their bilateral ties in economic and investment frontiers. Special Advisor to Ethiopian Prime Minister Amb. Berhane Gebre-Christos and UAE's Deputy Prime Minister and Minister of Presidential Affairs Sheikh Mansour bin Zayed Al Nahyan held talks on ways of enhancing the Ethio-UAE bilateral ties on Monday at the sidelines of the International Defense Exhibition and Conference (IDEX) being held in Abu Dhabi, according to Emirates News Agency. During the meeting, the parties reviewed the two countries multifaceted relation and ways to consolidate the ties through active engagement in economic and investment areas. Among Gulf countries, UAE is Ethiopia's second largest economic partner...
(The Ethiopian Herald 02/22/17)
Education Ministry said Finland would work jointly with the ministry in increasing access to quality education across the country. This was disclosed during a day-long seminar in connection with the centennial anniversary of the Finish State Independence organized by the Finland Embassy here yesterday. Opening the seminar, Education Minister Dr. Shiferaw Teklemariam said the existing extensive education cooperation between the two countries has been implemented through bilateral programs and pooled funding mechanisms directed to the development of teacher training, special needs education and quality improvement in education. On the occasion, the minister particularly appreciated Finish government supports to the development of special needs education in Ethiopia. Accordingly, since 1980s ,over 60 Ethiopians have obtained their first, second and terminal degrees...
(Dw-World 02/22/17)
For the last two decades, the Ethiopian government has been trumping the country's economic successes , which earned it the title the "African Tiger." However the youth appear to have been left behind. The town of Ambo is located 120 kilometers (75 miles) west of Addis Ababa and is knows as the kicking off point of the protests against the infamous re-zoning plan of the government almost three years ago. Reports show that security forces responded to the protests with lethal force that claimed hundreds of lives while thousands more were arrested. "The urgent problem of the youth now is not unemployment rather lack of peace in their area, because those employed or unemployed people are still getting killed or...
(Xinhuanet 02/22/17)
Africa Energy Indaba, the continent's premier energy event, kicked off in Johannesburg on Monday with the aim of finding solutions to the continent's energy future. The three-day conference is being attended by the governments' representatives, business and funders. The meeting seeks to unleash the continent's potential by coming up with an energy mix to develop Africa. Dr. Garth Strachan, Deputy Director General and Head of Gas Industrialization Unit in South Africa's Department of Trade and Industry said the recent discoveries of gas in Mozambique, Angola and Tanzania provides a huge opportunity for the continent. He said there is a need for the countries to work together to tap benefits from the gas for the good of the continent. Strachan said...
(Bloomberg 02/21/17)
Ashish Thakkar, who co-founded Africa banking conglomerate Atlas Mara Ltd. with ex-Barclays Plc head Bob Diamond, lost a ruling over the ownership of family assets in a London divorce case, with a judge questioning Thakkar’s truthfulness. Judge Philip Moor ruled that Thakkar, and not his mother and sister, was the owner of disputed assets in the divorce. He found that the 35-year-old owned 100 percent of Mara Group Holdings Ltd. and other corporate entities. The result will have ramifications in the proceedings where a judge will have to decide how much Thakkar -- described in videos posted on his foundation’s website as "Africa’s Youngest Billionaire" -- is worth. Thakkar says he has assets of 445,532 pounds ($553,000) while his wife,...
(AL Jazeera 02/16/17)
Investing in localised initiatives to mitigate drought can help the continent to break the cyclic nature of disasters. The United Nations Food and Agriculture Organization (FAO) recently declared that millions of citizens in the Horn of Africa face food shortages. Owing to a persistent lack of rainfall between October and December, as many as 12 million people across Ethiopia, Kenya and Somalia are in dire need of food assistance. But this is not new. Almost every year, around the same time, similar headlines appear in the news. For example, in 2014, 2015 and in 2016, news of drought and famine across the Horn of Africa was in the headlines. It is a cruel cycle that is likely to repeat itself...
(Voice of America 02/15/17)
Ethiopia opened its Gibe III dam in December 2016 in the lower Omo Valley as part of a large project that includes sugar and cotton plantations, as well as dams. Water started collecting in a reservoir behind the dam in 2015, preventing it from flowing downstream to Lake Turkana in neighboring Kenya. Human Rights Watch says little is being done by either government to mitigate the impact and that as the plantations are developed, even more water will be diverted from Turkana, which desperately requires it. Human Rights Watch cites data finding Lake Turkana's water levels have dropped about 1.5 meters in the past two years, and the shoreline has receded as much as 1.7 kilometers in one key fishing...
(AFP (eng) 02/15/17)
Sub-Saharan Africa, where more than a half billion people live without electricity, trails the world in government policies that promote sustainable energy, according to a new World Bank report Wednesday. Much of the rest of the world, however, has made strides toward making energy broadly available, developing renewable power sources and increasing efficiency, the inaugural Regulatory Indicators for Sustainable Energy report said. In a survey of 111 countries, the World Bank found that through 2015 nearly 80 percent had begun to adopt policies to expand electrical grids, connecting them to solar and wind generation, and to help make electric utilities creditworthy and financially viable while keeping energy prices down. More than a third of countries, home to 96 percent of...
(Voice of America 02/14/17)
U.S. President Donald Trump made his first phone calls to African heads of state Monday, speaking with Nigerian President Muhammadu Buhari and South African President Jacob Zuma. Nigeria and South Africa said the calls were made at the request of the U.S. president, who until now has said little about Africa or African issues since assuming office last month. The Nigerian presidency said Trump and Buhari discussed issues of terrorism, and said Trump assured Buhari the United States is ready to make a new deal to help Nigeria "in terms of military weapons." The statement said Trump also commended Buhari for the strides Nigeria is making against Islamist radical group Boko Haram, and invited Buhari to come to Washington at...
(AFP (eng) 02/10/17)
Up to 18 players at the just-completed Africa Cup of Nations could be involved in the new-look CAF Champions League when it kicks off this weekend. Among them is Georges Bokwe, one of two unused goalkeepers in the Cameroon squad that defeated Egypt in the final last Sunday in Gabon. Bokwe was kept out of the starting line-up by the consistent brilliance of Spain-based Fabrice Ondoa, who was included in the team of the tournament. But Bokwe is the first choice for regular Champions League entrants Coton Sport from northern Cameroon cotton town Garoua. Coton qualified for the 2008 final, losing to Al Ahly of Egypt, but have fared poorly recently with first round exits in the past two seasons...
(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...
(Xinhuanet 02/08/17)
Ethiopia's parliament on Tuesday approved a 250-million-U.S.-dollar loan agreement made with China's Export-Import (Exim) Bank to finance major infrastructure construction in the country. The loan agreement, already approved by the Ethiopian House of Peoples' Representatives, the lower house, would finance supply and construction of 400-kv power transmission projects of Genale Dawa III-Yirgalem II-Wolayita Sodo II-Hawassa II in the southern part of Ethiopia. The agreement, signed in December in China, is composed of two major parts: 195 million dollars for building the transmission line and the remaining about 54 million dollars for undertaking major substation parts of the project.
(AFP (eng) 02/08/17)
Ethiopia's Genzebe Dibaba set a sixth world indoor record in Sabadell, Spain on Tuesday by posting a new 2,000-metres mark. On the eve of her 26th birthday, the Olympic 1,500-metres silver medallist ran a time of 5min 23.75sec in Catalonia. Also the outdoor 1,500m world record holder, Dibaba has the best indoor marks for 1,500m, the mile, 3,000m, two miles and 5,000m. Dibaba's 2,000m time knocked almost seven seconds off the old record by Romania's Gabriela Szabo, which had stood since 1998. Her time is also faster than the outdoor 2,000m mark set by Ireland's Sonia O'Sullivan in 1994.
(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,...
(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...
(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...
(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...
(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...
(AFP (eng) 01/30/17)
With very little rain in the last weeks and none expected for two months, more than 17 million people face hunger in the Horn of Africa, the UN food agency warned Sunday. Severe drought since the failure of October-December rains is ravaging Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan and Uganda, the Food and Agricultural Organization (FAO) said in a statement. "The time to act is now,", said Maria Helena Semedo, a FAO deputy director-general. "The drought situation in the region is extremely worrying, primarily in almost all of Somalia but also across southern and south-eastern Ethiopia, and northern Kenya. "As a consequence, with the next rains at least eight weeks away and the next main harvest not until...
(Xinhuanet 01/28/17)
The African Union (AU) has been endeavoring to ensure robust, resilient and long-lasting economic transformation of Africa through promotion of infrastructure and energy development on the continent, noted Elham Mahmood Ibrahim, AU Commissioner for Infrastructure and Energy. Speaking at a press conference Friday ahead of the 28th AU leaders' summit here, the commissioner said the pan-African bloc has scored achievements in its flagship projects and programs on the development of energy, transport as well as in the information and communication technology (ICT) areas, which she said are the biggest priorities in Africa's infrastructure sector. In cooperation and coordination with its regional, continental, and international partners, AU has been committed to development of infrastructure on the continent, which facilitates trade, economic...

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