Monday 11 December 2017

Gabon

(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 guarantee minimum sales volumes of the new combination pills using dolutegravir, a so-called integrase inhibitor that avoids the drug resistance that often develops with older treatments. In return the drugmakers, India-based Mylan Laboratories and Aurobindo Pharma, will agree the maximum...
(AfricaNews 09/18/17)
Gabonese Prime Minister Emmanuel Issoset Ngondet speaks of proposed amnesty to 400 post election prisoners, responds to allegations of discrimination and media censorship against opposition in the country. Our Correspondent caught up with Mr NGONDET in a press interview in Libreville where the prime minister discussed these and more on the general political situation in Gabon.
(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)
Gabon is weighing amnesty for about 400 prisoners who were jailed for their role in the violence that followed last year’s disputed presidential vote, according to Prime Minister Emmanuel Issoze-Ngondet. President Ali Bongo asked the Gabonese government to “consider an amnesty law,” Issoze-Ngondet told reporters on Wednesday in the capital, Libreville. A commission will be set up to review the merits of every case, he said. Violence erupted a year ago in the central African nation after the announcement that Bongo narrowly won a second seven-year term against opposition leader Jean Ping in the closest election in the nation’s history. Protesters burned down shops and the parliament building.
(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 and they’ve gotten ahead,” Alexandre Maymat, who oversees Societe Generale’s operations in French-speaking Africa, said at a press briefing. “We’re catching up” by redefining the retail strategy and providing a broader offering than telephone companies. Chief Executive Officer Frederic Oudea...
(AFP (eng) 09/14/17)
Gabon is considering an amnesty for people involved in last year's deadly post-electoral violence, Prime Minister Emmanuel Issoze Ngondet said Wednesday. President Ali Bongo's re-election in August 2016, by just a few thousand votes, led opposition leader Jean Ping to accuse the administration of electoral fraud. Violence broke out days after the vote, and opposition figures say more than 50 people were killed in clashes. The official toll was only three dead. "Gabon's head of state Ali Bongo Ondimba has asked us to consider an amnesty law which would deal on a case-by-case basis with some situations involving people...
(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 in Namibia and Africa. "To...
(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 boxing activities and responsibilities and...
(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 to look past Brexit turmoil. “Even if I hadn’t had the money put aside, I would have found a way to pay for it,” said Corrie, 50, who estimates the business she runs with her husband would have lost 10,000...
(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 group. “Journey to Extremism in Africa: Drivers, Incentives and the Tipping Point for Recruitment” presents the results of a two-year UNDP Africa study on recruitment in the most prominent extremist groups in Africa. The study reveals a picture of a...
(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 its manganese. While ARM is “confident in the long-term outlook for commodities,” the company said prices will “remain volatile” this year. The rand, in which ARM pays most of its costs, has strengthened against the dollar this year, reducing earnings...
(APA 09/05/17)
The political rally of the Gabonese opposition scheduled for Monday at the Ntchoreret collage in Libreville has been called off, sources told the African Press Agency. “The owner of the premises was reportedly pressured into cancelling the rally, even though all the necessary steps had been taken for the event to be held," an opposition source explained. On the venue, national gendarmerie officers were deployed to stop anyone from accessing the building. "We have received firm instructions. Access to the site is forbidden," a security official announced. As part of the commemoration of the first anniversary of the deadly assault on Jean Ping’s headquarters on 31 August 2016, the leaders of the opposition Coalition for the New Republic wanted to...
(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 thank: in South Africa, a bumper corn harvest following the worst drought in more than a century saw the sector surge 34 percent from the prior quarter, while in Nigeria, where farming vies with industries as the second-biggest contributor to...
(AFP (eng) 09/04/17)
Gabon on Sunday announced a ban on opposition leaders, including former top African Union official Jean Ping, from leaving the country in what it said was a "temporary, administrative measure". "This measure follows inflammatory comments by Jean Ping on August 18 when he called for public disorder, rebellion and insurrection," interior ministry spokesman Jean-Eric Nziengui Mangala said. Ping, a 74-year-old career diplomat, was narrowly defeated by incumbent Ali Bongo in Gabon's August presidential election and accused the administration of electoral fraud. A number of demonstrations have been held in support of Ping in cities around the country, leading to numerous arrests and clashes with police in the capital and the seaport of Port-Gentil. On August 18, Ping called on the...
(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 sub-Saharan Africa’s GDP and their recoveries may boost trade and production across the region. The reasons differ: while Nigeria, the continent’s biggest oil producer, is benefiting from a rebound in crude output, stronger retail sales may help drive growth in...
(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 Nafo, chairman of AREI endorsed by the African Union Assembly. The MOU will enable the two parties to cooperate in renewable energy generation in Africa, with Chinese smart grid providers and core renewable energy manufacturers providing technological and financial support...
(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 the states or enacted by the BEAC since the decline in global commodity prices. These include the drop in oil price on the international market, which is detrimental to the economies of the subregion, especially as five of the six...
(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 with CGC Japan Co., which has more than 4,000 stores and collective revenue of more than $40.5 billion, making it Japan’s largest joint-procurement supermarket chain, 1K1V said. The fund has been hunting for private-equity investments that tap Africa’s growing consumer...
(Al-Monitor 08/29/17)
With the objective of advancing his country's interests in the African continent, Egyptian President Abdel Fattah al-Sisi paid visits to Tanzania, Rwanda, Chad and Gabon on Aug. 14-17. The agenda included issues related to Egyptian national security, most prominently the Nile water dossier, and the military and technical support in countering terrorism in West Africa. Sisi's visits carried messages from the Egyptian political administration, most notably among them that Egypt intends to provide Chad and Gabon with immeasurable military and security support, in terms of capacity building and export of military equipment. This is in addition to Egypt’s desire to address the water issue indirectly by prompting the upstream countries to resort to other energy sources, such as wind energy...
(Reuters (Eng) 08/29/17)
Europe’s “big four” continental powers and three African states agreed a plan on Monday to tackle illegal human trafficking and support nations struggling to contain the flow of people across the desert and Mediterranean sea. The 28-nation European Union has long struggled to reach a coherent answer to the influx of migrants fleeing war, poverty and political upheaval in the Middle East and Africa, and the crisis is testing cooperation between member states. After hosting the leaders of Germany, Italy, Spain, Chad, Niger and Libya, French President Emmanuel Macron said it was time for greater coordination. “We must all act together - from the source countries to Europe and passing by the transit countries, especially Libya - to be efficient,”...

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(Reuters (Eng) 06/07/17)
Building a network of African women leaders in fields ranging from business to politics could galvanize female leadership across the continent and boost peacebuilding efforts and good governance, the head of U.N. Women said on Tuesday. The African Women Leaders Network, which was launched last week in New York by the United Nations and the African Union Commission, hopes to drive more women into leadership roles, through mentoring, peer learning and harnessing contacts. By supporting women's leadership in Africa, the platform aims to galvanize their contributions to building and sustaining peace, improving political processes and driving social change, and realizing the U.N. global goals, according to U.N. Women. The 17 Sustainable Development Goals (SDG), adopted in 2015, include targets on...
(Xinhuanet 06/02/17)
Fifty-four African Union member states will convene the 5th Continental Conference of Solidarity with Cuba in the Namibian capital from June 5-7, said an Naminian official on Thursday. The Permanent Secretary of the Ministry of International relations and Cooperation, Selma Ashipala-Musavyi, said the aim of hosting the conference in Namibia is to intensify solidarity and to strengthen bounds of friendship between the people of Cuba and the progressive peoples throughout the African Continent. Namibia's President Hage Geingob will open and address the conference, which will run under the theme, "Intensifying Solidarity and continuing the legacy of Fidel and Che". The conference, which will also be attended by a Cuban delegation, will also recognize the important work done in support of...
(AFP (eng) 06/01/17)
One in five children born with a twin sibling in sub-Saharan Africa dies before the age of five -- three times the rate among singletons, said a study Thursday. Almost two-thirds die in the first month of life -- often succumbing to the after-effects of a difficult birth or entering the world too early or underweight, according to research published in The Lancet medical journal. And while rates of under-five deaths in the sub-Saharan African region have declined over two decades, the improvement has been much slower for twins than for single-borns. "Twins account for 10.7 percent of all under-five deaths and 15.1 percent of neonatal (newborn) deaths in the region and these percentages are increasing," the study said. "The...
(Washington Post 05/31/17)
The old man’s house had become a camp for the displaced. In the back yard, groups of women boiled water for rice. Small children skittered across the dirt, running into the bedroom, where they careened around the long, skinny legs of Elijah Karama. “Because of the conditions, they are mine to take care of,” said Karama, 57, more tired than proud. By conditions, he meant Boko Haram’s destruction of vast areas of northeastern Nigeria, and the hunger crisis that has followed. This city of about 1 million has absorbed an additional 1 million people who fled the Islamist militants who burned their villages and kidnapped hundreds of children. In Maiduguri, the vast majority of the displaced aren’t living in U.N...
(Reuters (Eng) 05/24/17)
When U.S. President Donald Trump and other leaders of the world's seven major industrialized nations gather in Sicily on Friday, they will enjoy a spectacular view of the Mediterranean Sea, but won't get any glimpse of boats full of migrants. A common sight off Sicily in recent years, the authorities have banned all migrant landings on the island during the Group of Seven Summit for security reasons, telling rescue vessels that pick them up at sea to take them to the mainland during the two-day meeting. Out of sight does not mean out of mind. Italy chose to host the summit in Taormina, on the cliffs of eastern Sicily, to concentrate minds on Europe's migrant crisis and to seek ways...
(Reuters (Eng) 05/23/17)
Fossils from Greece and Bulgaria of an ape-like creature that lived 7.2 million years ago may fundamentally alter the understanding of human origins, casting doubt on the view that the evolutionary lineage that led to people arose in Africa. Scientists said on Monday the creature, known as Graecopithecus freybergi and known only from a lower jawbone and an isolated tooth, may be the oldest-known member of the human lineage that began after an evolutionary split from the line that led to chimpanzees, our closest cousins. The jawbone, which included teeth, was unearthed in 1944 in Athens. The premolar was found in south-central Bulgaria in 2009. The researchers examined them using sophisticated new techniques including CT scans and established their age...
(Reuters (Eng) 05/20/17)
France will step up the fight against resurgent Islamist militants in north and west Africa and will work more closely with Germany to help the tinderbox region, President Emmanuel Macron said on his first trip outside Europe on Friday. Visiting Mali days after taking office, Macron vowed to keep French troops in the Sahel region until there was "no more Islamist terrorism" there. He said operations would be escalated in response to signs that militant groups were regrouping and uniting. "It is vital today that we speed up. Our armed forces are giving their all, but we must speed up" efforts to secure the Sahel, he told a news conference in Gao, Mali, where he held talks with President Ibrahim...
(Reuters (Eng) 05/17/17)
Gay and lesbian Africans who fled abuse in their home countries face a "culture of disbelief" which makes their experience of seeking asylum in Britain traumatic, a Nigerian lesbian, gay, bisexual, transgender rights (LGBT) campaigner said. Aderonke Apata, 50, who fled persecution in Nigeria, said the practice of assessing Africans' sexual orientation claims based on Western standards was problematic. "They expect an LGBT person to have used sex toys, to go to gay clubs," Apata, an asylum seeker who founded African LGBT charity, African Rainbow Family, told the Thomson Reuters Foundation. Apata has been trying to claim asylum in Britain for 13 years, but her case was refused several times after a judge ruled that she was pretending to be...
(Reuters (Eng) 05/13/17)
Tackling climate change in Africa could help resolve multiple problems ravaging the continent, from drought to refugees and violence, the head of the African Union said on Friday. The mix of global warming with economic woes and political conflicts keeps peace from taking hold, said Moussa Faki Mahamat, the Union's new chairman, at Chatham House, an international think tank. "There is a link between climate change and prosperity, as well as peace, on the continent," Mahamat said in French with an interpreter. "Africa is among the least polluting continents, and yet it is the continent that suffers most," he said. Mahamat, the former foreign minister of Chad, was chosen to chair the 55-member, Addis Ababa-based organization in January. In Africa's...
(Fox News 05/10/17)
After five years of no major attacks on merchant vessels, piracy around the Horn of Africa seemed to be on hiatus. Acts of piracy in those treacherous waters have fallen sharply since 2012, according to statistics released by the United States Navy. The Navy credits aggressive patrolling by international forces and increased vigilance by the commercial shipping industry for the decrease. However, in the past month, Somali pirates have intercepted five ships, raising concerns that piracy has returned to the Indian Ocean, beginning with the kidnapping of a Sri Lankan crew from the Aris 13 oil tanker on March 13th (they were later released without a ransom). Nobody thinks the problem will end until a stable government is restored in...
(Voice of America 05/03/17)
African military expenditures have finally slowed down after more than a decade of steady increases, according to a new report on global defense spending. The main reason, the report found, is a drop in oil prices. “The sharp decreases in oil prices has affected quite a number of African countries, namely South Sudan and Angola. This has kind of driven almost the entire regional trend,” said Nan Tian, a researcher at the Stockholm International Peace Research Institute’s (SIPRI) Arms and Military Expenditure Program, the organization that authored the report. The SIPRI report found military spending in Africa in 2016 was down by 1.3 percent from the previous year and totaled about $37.9 billion. Despite the drop, Africa’s military spending remains...
(Voice of America 04/28/17)
A low-cost and widely available drug could save the lives of 1 in 3 mothers who would otherwise bleed to death after childbirth, according to a new study. Severe bleeding, known as postpartum hemorrhage, or PPH, is the leading cause of maternal death worldwide, killing more than 100,000 women every year. Even for mothers who survive, it is a painful and traumatic experience. The world's poorest countries, especially in Africa and India, are the worst hit. Drug from 1960s But there is new hope. In the 1960s, Japanese researchers developed a drug called tranexamic acid, which works by stopping blood clots from breaking down. But they could not persuade doctors to try the drug for treating PPH. The London School...
(AFP (eng) 04/24/17)
A new malaria vaccine will be tested on a large scale in Kenya, Ghana and Malawi, the World Health Organization said Monday, with 360,000 children to be vaccinated between 2018 and 2020. The injectable vaccine RTS,S could provide limited protection against a disease that killed 429,000 people worldwide in 2015, with 92 percent of victims in Africa and two-thirds of them children under five. "The prospect of a malaria vaccine is great news. Information gathered in the pilot will help us make decisions on the wider use of this vaccine," said Dr Matshidiso Moeti, the WHO's regional director for Africa. The vaccine should be used alongside other preventative measures such as bed nets, insecticides, repellants and anti-malarial drugs, the WHO...
(Voice of America 04/17/17)
The Italian coast guard says it has rescued nearly 6,000 migrants on the Mediterranean since Friday, underscoring the continued flow of people along this dangerous route. A group of Africans living in Europe visited Cameroon this week to launch a campaign against illegal migration. The group is called “No More Death in the Desert or on the Sea.” Its mission is simple: to educate youth in Africa about the harsh realities of illegal migration. "We want to tell them that all the information people give them before they start their journey are wrong," said Nantcha. The group’s leader Sylvie Nantcha was born in Cameroon. She has lived in the German town of Freiburg for 25 years. She arrived as a...
(AFP (eng) 04/13/17)
Africa's Matabele ants, fierce predators of termites, rescue their wounded soldiers and bring them back to the nest where they are "treated," a new study showed Wednesday. This helping behavior for the injured is the first to be detected in the insect world, according to an article in the US journal Science Advances by a German research team at the University of Wuerzburg's Biocentre. The ants, formally known as Megaponera analis, are widespread south of the Sahara on the continent. Two to four times a day, they set out in long files on raids to kill worker termites at their foraging sites. But the attacks meet strong resistance from soldier termites guarding the worker termites, which have powerful jaws that...
(AFP (eng) 04/11/17)
El Nino, the cyclical climatic phenomenon in the Pacific Ocean, is linked to shifts in cholera cases in Africa, providing an early warning that could save lives, scientists said Monday. During the years when El Nino is warming the eastern Pacific, East Africa has about 50,000 additional cholera cases a year, new research from the Johns Hopkins Bloomberg School of Public Health suggests. By contrast, the years when El Nino is not active, there were 30,000 fewer cholera cases in East Africa, according to the study published Monday in the journal Proceedings of the National Academy of Sciences. The researchers analyzed more than 17,000 annual observations from 3,710 different locations between 2000 and 2014 in Africa, which has the most...
(Voice of America 04/05/17)
A Red Cross report says African countries are failing their internally displaced people. Reversing that trend was the subject of a high level meeting of the International Red Cross and the African Union that wrapped up Tuesday in Zimbabwe. Africa has about 13 million internally displaced people, a third of the global number of IDPs, and more than double the amount of refugees on the continent. By definition, refugees flee across a national border, while IDPs leave their homes but stay within their own country. African Union Commission head of humanitarian affairs, refugees and displaced people Olabisi Dare says the situation of IDPs in Africa is very critical, dire and worsening. "...The issues that are generating internal displacement [are] multiplying...
(The East African 04/03/17)
Nairobi — The 2017 Mo Ibrahim Foundation annual Governance Weekend will be held in Marrakech - Morocco from April 7-9. A press release from the Foundation identifies the Palmeraie Resort as the venue for this year's meeting. The three-day event brings together prominent African and Africa-focused leaders, civil society representatives, multilateral and regional institutions and Africa's international partners to identify policy challenges and possible solutions. Violent extremism The conversation is normally extended to a wider audience through music, art and sport at major public events, showcasing some of Africa's brightest talent. The Foundation has released a report that sets the stage for high-level discussions in Morocco. The priority areas for the Marrakech talks, according to the report, include violent extremism...
(Xinhuanet 03/30/17)
The African Union (AU) is extremely appalled by the attacks against African students in Noida and other cities in India. The pan-African bloc has deplored the violence unleashed during the riot that started on Monday targeting Africans of various nationalities, particularly Nigerians, which resulted in loss of innocent lives and serious injuries, the AU said in a statement. The attacks have also resulted in the displacement of many Africans from their normal places of residence, thereby putting their lives in serious danger, it said. AU has expressed heartfelt condolence to the families of the deceased; and it wished speedy recovery to all those who have sustained injuries. AU has called on the Indian authorities to provide all necessary support to...
(Voice of America 03/28/17)
The World Health Organization and U.N. children's fund are spearheading a massive immunization campaign across Africa to rid the continent of the last vestiges of polio. Tens of thousands of health workers will fan out across 13 central and western African countries to vaccinate more than 116 million children under age five against the crippling disease. The U.N. agencies report more than 190,000 volunteers, traveling on foot or bicycle, will go house to house across all cities, towns, and villages in 13 countries to vaccinate every child under age five against polio. The synchronized vaccination campaign, one of the largest ever conducted in Africa, will run from March 25-28. Director of Polio Eradication at the World Health Organization Michel Zaffran...

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(Bloomberg 05/18/17)
Steinhoff International Holdings NV plans to list its African assets separately as the acquisitive retailer seeks a new prize for shareholders following this year’s failed merger talks with Shoprite Holdings Ltd. The company said Wednesday it will seek to list businesses including clothing retailer Pepkor and furniture chain JD Group Ltd. on the Johannesburg Stock Exchange, about 18 months after moving its primary listing to Frankfurt from the South African commercial hub. The new business could be worth as much as 60 billion rand ($4.5 billion), said Evan Walker, a money manager at 36one Asset Management in Johannesburg, although the valuation could also be as low as 40 billion rand depending on how much debt Steinhoff puts into the vehicle...
(Bloomberg 05/16/17)
When the impoverished West African nation of Niger imposed a ban on donkey exports last year, a small community of traders just over the border in Nigeria was devastated. “Before the ban, you could see thousands of donkeys here,” said Mohammed Sani, a 45-year-old trader in the Nigerian town of Jibiya, as he wiped the sweat off his brow. “Now look at them: there’s no more than 50, crippling the business.” Donkeys are being slaughtered at an alarming pace to feed a global trade in donkey hides that’s fueled by soaring demand in China, where the skins are used to manufacture a gelatin believed to have anti-ageing and libido-enhancing properties. The gelatin, known in China as e’jiao, is so popular...
(Voice of America 05/05/17)
As Africa grapples with a severe drought, and famine threatens millions of people, experts at the World Economic Forum on Africa this week in the South African city of Durban say food security needs to be a major part of discussions on advancing the continent economically. The annual World Economic Forum in Switzerland is usually a high-powered event, but at this week’s Africa meeting of the international organization, the continent’s big players are welcoming the humble farmer, now known as the “agripreneur.” Agricultural economist Paul Makube, with South Africa’s First National Bank, told VOA it makes sense to talk about farming when discussing building competitive markets, and boosting innovation and technology. “For business to prosper, you need a situation where...
(Xinhuanet 05/04/17)
The World Economic Forum (WEF) Africa Competitiveness Report 2017 released in Durban Thursday called for urgent policy reforms if the continent intends to create more jobs for its growing young population. According to the report issued at the 27th WEF on Africa, fewer than one-quarter of the 450 million new jobs required in the next 20 years will be created if current policies remain unchanged. The report called for structural reforms in the economies to create more jobs for the youth entering the market. African countries have to prioritize improving infrastructure, skills and adoption of new technology and quality of institutions. To improve competitiveness in the short term Africa needs to increase housing construction through investment, better urban planning and...
(Bloomberg 05/02/17)
Saudi Aramco is seeking to boost its fuel-trading volume by more than a third as the world’s biggest crude exporter expands its capacity to refine oil to grab a bigger share of growing markets in Asia and Africa. Aramco, as Saudi Arabian Oil Co. is known, is building refineries in the kingdom and in Asia to help it increase sales and purchases of gasoline, diesel and other products to more than 2 million barrels a day, said Ibrahim Al-Buainain, chief executive officer of Saudi Aramco’s trading unit, Saudi Aramco Products Trading Co. Owning refineries gives the unit, known as Aramco Trading Co., options for buying and selling fuel that some of its competitors don’t have. “The key is that you...
(Business Day Ghana 04/27/17)
There are currently 960 million mobile subscriptions across Africa – an 80 percent penetration rate among the continent’s population. Internet penetration is at 18 percent with 216 million internet users, according to the latest Jumia mobile trend report for Africa. The 2017 edition of the African Mobile Trends Paper is the third white paper presentation from Jumia delving into mobile trends across Africa and specifically Nigeria. The study takes a look at the how the market has democratised mobile internet use, the consumer behaviours driving increased smartphone adoption and the role of mobile brands, mobile operators and m-commerce in creating a synergy of an enhanced customer experience. This year’s Mobile Africa Study was carried out in 15 African countries which...
(Xinhuanet 04/26/17)
The Belt and Road (B&R) Initiative is a golden opportunity to bring about regional integration and sustainable economic growth for Africa, said Berhane Gebre-Christos, special envoy of the Ethiopian Prime Minister, on Tuesday. The special envoy made the remarks at the opening of a seminar organized on the B&R Initiative in Ethiopia's capital Addis Ababa. Welcoming the initiative, the special envoy said he is looking forward to the expected effects of the initiative. "The B&R is a project that will affect millions of people, and it will be one of the most important issues of the 21st century," he said, adding that the comprehensive approach of China means that the aspirations and development strategies of all countries involved will be...
(Bloomberg 04/20/17)
WorldRemit Ltd., a British money-transfer operator, sees revenue from transactions involving Africans doubling by 2020 as more people on the continent access mobile-payment platforms and expatriates send cash home. The seven-year-old company, in which Facebook Inc.-backer Accel Partners LP invested $40 million in 2014, will this year open a regional office in South Africa, its largest market on the continent in terms of money-transfer value, founder and Chief Executive Officer Ismail Ahmed said in an interview. Another site will start operating in Kenya, where the London-based business sees Africa’s highest number of individual transactions. “In the next two years we should be doubling our volume every year,” Ahmed said in Kenya’s capital, Nairobi. The continent accounted for half the company’s...
(AFP (eng) 04/18/17)
The International Monetary Fund on Tuesday forecast 2.6 percent growth in sub-Saharan Africa this year, aided by a modest recovery in large economies South Africa, Nigeria and Angola. "Growth is projected to rise to 2.6 percent in 2017 and 3.5 percent in 2018, largely driven by specific factors in the largest economies, which faced challenging macroeconomic conditions in 2016," the IMF said its latest World Economic Outlook report. A slump in commodity price in 2016 and devastating drought had affected growth in several countries in the region, resulting in 1.4 percent growth of gross domestic product (GDP). Nigeria, the continent's most populous nation and a leading oil producer, was expected to return to growth in 2017 after a challenging 2016...
(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 to the continent, the valuable skills and knowledge that they have acquired in the developed world. "This pool of skilled labour can help the continent address challenges that hinder social economic development," she added. The director noted that remittances resulting...
(Reuters (Eng) 04/07/17)
Access to off-grid solar energy in rural areas of Africa goes beyond lighting up homes - it also enables people to connect to the wider world and boosts their economic prospects, said the head of one of the continent's biggest solar companies. Azuri Technologies' entry level solar system - for which customers pay a one-off installation fee, then use scratch cards or mobile phone payments to top up on a weekly or monthly basis - provides eight hours of lighting each day. Having power at home for the first time encourages customers to also buy mobile phones, radios and televisions, giving them regular access to the media and the internet, said Simon Bransfield-Garth, chief executive officer of UK-based Azuri. "This...
(Financial Times 04/04/17)
Countries should develop policies to attract labour-intensive production leaving China. China’s initial wave of investments in Africa focused on natural resource extraction. Their demand for metals and energy was so large that it actually boosted global commodity prices overall, which in turn accelerated growth across the African continent. These times of China propping up global commodity prices are now over, as it has built up excess capacity in many sectors and now faces slow investment growth. This lower demand has contributed to the overall slump in global commodity prices since 2014, making it unlikely that China will again fulfil the role of driving commodity prices. Rather, its position has now shifted to becoming the largest exporter of capital. This provides...
(Reuters (Eng) 03/28/17)
Charles Lekabi lived comfortably as a driver for an oil company in Gabon's industrial town of Port Gentil until he was laid off three years ago. "Today, I struggle to pay my rent," said Lekabi, who worked for French oil company Total for seven years before he was let go for economic reasons. "Since I was laid off, I bought a car to do taxi rides. Atleast with this car I can continue to feed my family." A steep drop in oil prices in 2014 hit the oil industry worldwide. In OPEC member Gabon, production is in decline, the recovery is slow and may not come at all. The oil sector has accounted for 80 percent of exports, 45 percent...
(AFP (eng) 03/24/17)
Royal Dutch Shell has sold its onshore oil and gas interests in the central African nation of Gabon for $587 million to private equity firm Carlyle Group, it said Friday. The Anglo-Dutch energy giant announced in a statement that it has sold the assets to Carlyle for the equivalent of 544 million euros in a deal expected to complete in mid-2017. Carlyle will also take on debt of $285 million as part of the deal. It will make extra payments up to a maximum of $150 million depending on production performance and commodity prices. Shell will however retain exploration licences for two offshore blocks west of Gabon, a company spokesman added.
(Agence Ecofin 03/20/17)
At the Africa CEO Forum which opened this morning in Geneva, AFD Group – in partnership with the European Union – unveiled the “African Renewable Energy Scale-Up facility”, designed to boost private sector investment in on–grid and off-grid renewable energy production in Africa. In order to meet Africa’s constantly increasing energy requirements, support must be provided for mass development of the renewable energy technologies – especially solar energy – that will play such a key role over the coming years, given the recent drop in prices and the emergence of new innovative business models. The EU’s electrification funding initiative, “ElectriFI”, helps to harness and stimulate private sector investment to enhance access to renewable energy. More specifically, it focuses on poorly-served...
(Voice of America 03/18/17)
Each year, the University of Southern California hosts the African Global Economic and Development Summit, bringing delegations from Africa to meet with business leaders, government officials and others in the U.S. But this year, the African summit has no Africans. All were denied visas. Visa issues are not uncommon for people traveling from African nations. During her prior three summits, Mary Flowers saw a high percentage of her attendees unable to attain visas. "Usually we get 40 percent that get rejected but the others come," said Flowers, chair of the African Global Economic and Development Summit. "This year it was 100 percent. Every delegation. And it was sad to see, because these people were so disheartened." Flowers estimated that she...
(The Wall Street Journal 03/15/17)
Ndalo Media founder Khanyi Dhlomo and Mara Group founder Ashish Thakkar on where the potential is and what’s blocking it How is innovation in Africa different from innovation in Silicon Valley? And how can innovation in Africa be encouraged? Dan Keeler, frontier-markets editor of The Wall Street Journal, discussed those questions with Khanyi Dhlomo, founder and chief executive of Ndalo Media, a publisher based in South Africa, and Ashish Thakkar, founder of Mara Group, a pan-African investment group with operations in banking, real estate, infrastructure and technology. Edited excerpts follow. MR. KEELER: What about innovation in Africa? Khanyi, what sort of things are you seeing that are inspiring you? MS. DHLOMO:There’s a lot of innovation happening in Africa. But it’s...
(Reuters (Eng) 03/13/17)
The United Arab Emirates, one of the Middle East's largest economies, wants to expand trade ties with faster growing nations in Asia and Africa, a senior official said on Sunday. Rich Gulf Arab states are looking at ways to diversify their economies, including who they trade with, after more than two years of depressed oil prices forced a rethink of government spending. The pace of economic growth in Asian and sub-Saharan African economies has made them ideal partners, Abdullah al-Saleh, undersecretary for foreign trade and industry at the UAE ministry of the economy, told Reuters in an interview in Dubai. Asia's two largest economies China and India are expected to grow by 6.5 percent and 7.2 percent this year whilst...
(The Independent 03/06/17)
Th term was coined by sceptical officials, worried about the importance given to Commonwealth trade deals ahead of Brexit negotiations. Plans by government ministers to boost trade links with African Commonwealth countries are being internally branded “empire 2.0” by sceptical officials who are worried about the importance being placed on such deals ahead of the UK’s negotiations of leaving the European Union (EU). International Trade Secretary Liam Fox is expected to promise to build better links with the whole of the 52 member countries of the Commonwealth when ministers from each country meet in London later this week. But as the UK is prepares itself to leave the European Union, The Times reports that British ministers are planning to talk...
(Bloomberg 03/03/17)
Polar Star Management Ltd., which runs one of the best-performing African and Middle East hedge fund over the past five years, plans to start a private-equity unit that will invest in agriculture to exploit rising demand for food. The Cape Town-based firm plans to use its own money to buy small farms and processing companies in South Africa this year, then increase efficiency through consolidation and better management, said Murray Derksen, a director at Polar Star. It aims to raise 1.5 billion rand ($115 million) for the fund, which may also buy commodities such as grains, while targeting an internal rate of return of 8 percent to 12 percent, he said. “We looked at the increase in corn demand globally,...

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(AFP (eng) 06/16/16)
Demarte Pena was too young to fight in Angola's civil war, where his family played a major role, but he has fought his way to a mixed martial arts championship. Instead of an AK47, "The Wolf" as he is known in the ring, uses fists, feet and pure muscle to subdue his opponents in what is seen as one of the fastest growing sports in Africa. Pena is bantamweight champion among the new crop of mixed martial arts fighters in Africa's only professional MMA body, the Extreme Fighting Championship (EFC). "Nothing challenges you more than fighting another man," the 26-year-old told AFP during a break from training in a gym north of Johannesburg. "The Wolf" was barefoot in a section...
(BBC News Africa 06/02/16)
Gabon and Borussia Dortmund striker Pierre-Emerick Aubameyang has been voted as the German Bundesliga's Player of the Year. The Gabon captain finished just 0.2% ahead of Bayern Munich's Robert Lewandowski, who was the top scorer in the league last season. The award is voted for by the German players' union, the VDV. "It's a great honour to be recognised and appreciated by your fellow colleagues," Aubameyang said. "This is for everyone at Dortmund and our amazing fans." Aubameyang, who is also the African Footballer of the Year, scored 25 goals and made six assists in 31 league games as Dortmund finished runners-up in the Bundesliga. He also scored 39 goals in all competitions last season and becomes the first African...
(BBC News Africa 05/19/16)
Al Merreikh official Hatim Mohamed Ahmed is being investigated by the Confederation of African Football after he appeared to hit Gabonese referee Eric Otogo-Castane in the face. The incident occurred in the 84th minute of Wednesday's Confederation Cup match between Sudan's Al Merreikh and Kawkab Marrakech of Morocco. Caf is reviewing the incident and awaiting the match officials' report. Kawkab won the match 2-0 - with two penalties - for a 2-1 aggregate win. Caf director of communications Junior Binyam told BBC Sport: "Investigations are being carried out and the the case will be submitted to the disciplinary jury."
(AFP (eng) 05/19/16)
African football body CAF are probing violent behaviour by footballers and officials of Sudanese club Al Merrikh toward a referee during a Confederation Cup play-off in Morocco. Gabonese Eric Otogo-Castane had to retreat from the six-yard box to the centre circle late Wednesday as he was repeatedly pushed by players furious at the harsh awarding of a penalty. Moroccan TV showed a burly Merrikh official hitting the referee on the side of the face in Marrakech before being led from the field by one of the Sudanese team. CAF spokesman Junior Binyam said the Cairo-based organisation are studying footage of the incident while waiting for the match officials' report. The mayhem lasted 12 minutes before Mohamed El Fakih converted the...
(AFP (eng) 04/21/16)
Defending title-holders Etoile Sahel of Tunisia were paired with Mounana of Gabon Thursday during the CAF Confederation Cup play-offs draw in Cairo. Etoile started the 2016 African club season in the CAF Champions League, but were eliminated Wednesday after the final qualifying round. The only club to win all five CAF competitions staged a dramatic second leg comeback against Enyimba of Nigeria to win 3-0 only to fail in the penalty shootout. Etoile and seven other round-of-16 losers were demoted to the second-tier Confederation Cup
(BBC News Africa 03/26/16)
Gabon unveiled the 2017 Africa Cup of Nations mascot, a black panther named Samba, before their match with Sierra Leone in Franceville on Friday. Gabon president Ali Bongo Ondimba, Fifa president Gianni Infantino and Caf president Issa Hayatou were all in attendance at the ceremony. The Mascot sports Gabon's blue and yellow colours and Samba means hello and welcome in local Bantu language. Gabon will be hosting the continental tournament for the second time. They previously co-organised the competition with Equatorial Guinea in 2012.
(Voice of America 03/15/16)
George Wyndham of Sierra Leone is a force to be reckoned with. He’s been playing table tennis for 14 years, despite being paralyzed by polio as a child. Now, at age 26, he is among the best physically challenged players in Africa. "Whenever I play table tennis, it always makes me happy and forget about my disability," Wyndham said. Having polio has pushed him even harder to make something of his life, he says, especially in a country where there is not much support for disabled people. Having an outlet like table tennis is a way to give other people confidence, he adds. "I feel good, because for [the] past 14 years I was alone, the only disabled [person] playing...
(AFP (eng) 02/29/16)
Goals were hard to come by for African players in the English Premier League, but Stephane Sessegnon was instrumental in West Brom's 3-2 win over Crystal Palace. In Germany the prolific Pierre-Emerick Aubameyang found the net again for Borussia Dortmund, while in Spain Angolan international Manucho scored twice in six minutes for Rayo Vallecano in a 2-2 draw at Real Betis. ENGLAND STEPHANE SESSEGNON (West Bromwich Albion) Sessegnon created what proved to be the decisive goal as West Brom overcame Crystal Palace 3-2. Following a neat build-up, the Benin midfielder floated a pass into the box from wide on the right and Burundi-born striker Saido Berahino met it with a flying left-foot volley to put West Brom 3-0 up in...
(AFP (eng) 02/22/16)
English FA Cup last 16 action brought goals for Nigerian pair Victor Moses and Emmanuel Emenike for West Ham, while Burkina Faso's Bertrand Traore was on the mark for impressive Chelsea. Elsewhere, African Player of the Year Pierre-Emerick Aubameyang scored his 21st goal of the season for Borussia Dortmund while Mohamed Salah was the man of the match with two goals in Roma's rout of Palermo. ENGLAND VICTOR MOSES (West Ham) The Nigeria winger made it 1-1 in the Hammers eventual 5-1 fifth-round FA Cup win over second-tier Blackburn Rovers when he let fly six minutes after his side had fallen behind with a well-struck shot from 20 yards out. EMMANUEL EMENIKE Emenike (West Ham) Moses's compatriot, on loan from...
(AFP (eng) 02/10/16)
Pierre-Emerick Aubameyang claimed his 30th goal of the season on Tuesday to help fire Borussia Dortmund into the German Cup semi-finals with a 3-1 victory at VfB Stuttgart. Gabon striker Aubameyang and Germany winger Marco Reus, who have provided 45 of Dortmund's goals in all competitions this season, netted before Henrik Mkhitaryan claimed their late third. Aubameyang has now scored in each of Dortmund's last seven German Cup games, dating back to the start of last season, having also netted in Dortmund's 3-1 Cup final defeat to Wolfsburg last May. "Auba knows how to take his chances and he works hard on his finishing every day," said Reus. "It's fun to play alongside him." Dortmund are in the semi-finals for...
(AFP (eng) 01/25/16)
Borussia Dortmund and Gabon striker Pierre-Emerick Aubameyang admitted he was hurt by comments from Yaya Toure and Andre Ayew that he was undeserving of his African Player of the Year award. Ivory Coast star Toure and Ghana international Ayew both featured in the African Cup of Nations final last year while Gabon exited in the first round. Toure blasted Aubameyang's award as "indecent" and that it brought "shame" on the continent when it was made three weeks ago. Ayew too said he was stunned that he and Toure and been beaten by the Gabon star in the vote. "I spoke a little with Andre Ayew but I don't understand why they said what they did," Aubameyang told French broadcaster Canal+...
(Reuters (Eng) 01/16/16)
FIFA presidential candidate Prince Ali Bin Al Hussein of Jordan has asked soccer's world governing body to investigate Friday's agreement signed between the African and Asian confederations in case it breaches the electoral code. Asian Football Confederation (AFC) President Sheikh Salman Bin Ebrahim Al Khalifa and Confederation of African Football (CAF) counterpart Issa Hayatou signed the 'co-operation agreement' in Rwanda, just over a month before the FIFA presidential election in Zurich on Feb. 26. Sheikh Salman, South African politician and businessman Tokyo Sexwale and Prince Ali are among five candidates standing in the election, with the Jordanian fearing vote deals had been struck between the two confederations who will have a combined 100 votes in the 209 member poll. "I...
(AFP (eng) 01/09/16)
Pierre-Emerick Aubameyang, the newly-crowned African Player of the Year, received a hero's homecoming on Friday where he was hailed by thousands of fans as the pride of Gabon. The 26-year-old Borussia Dortmund star pipped four-time winner Yaya Toure of Manchester City and Ivory Coast to win the prestigious award, an achievement which had fans dreaming of Africa Cup of Nations success on home soil in 2017. "He has risen through the ranks and this is a just reward," said Brice Ignegue, the president of the Panthers' (the national team's nickname) fan club. Sabrina, a young fan who came out to greet Aubameyang, said the player was a national hero. "Aubameyang represents Gabon, he is the national panther. He is the...
(AFP (eng) 01/08/16)
Star Borussia Dortmund striker Pierre-Emerick Aubameyang rejected English Premier League overtures as he celebrated winning the African player of the year award. The Gabonese, who is the leading Bundesliga scorer this season, was reduced to tears after stopping Yaya Toure getting a fifth straight title on Thursday night. "I am staying at Dortmund," the 26-year-old Aubameyang, who has been linked with an $85 million move to Arsenal, Manchester United and Liverpool, said after accepting the prize at a gala in Abuja. "I am so happy. I am not someone who usually cries but it is quite an emotional moment.
(BBC News Africa 01/08/16)
Gabon striker Pierre-Emerick Aubameyang narrowly beat Ivory Coast's Yaya Toure to win the Confederation of African Football's player of the year award. In a vote of coaches and technical directors of Caf member nations, Aubameyang earned 143 points, with Manchester City midfielder Toure, 32, the runner-up with 136 points. Aubameyang, 26, is the first player from his country to win the award. Ghana and Swansea midfielder Andre Ayew, 26, was third with 112 points. Aubameyang is the Bundesliga's leading scorer so far this season, with 18 goals in 17 league games. The Gabonese star made a traditional acceptance speech, thanking his family, team mates and the President of Gabon, Ali Bongo Ondimba, a notable football fan. The President returned the...
(Dw-World 12/22/15)
Joseph Blatter has pledged to fight the eight-year ban handed down to him by FIFA's Ethics Committee with all means at his disposal. He also reiterated earlier assertions that he had done nothing wrong. The FIFA president told reporters at a press conference in Zurich on Monday that he would go to the Lausanne-based Court of Arbitration for Sport and to a Swiss human rights court in a bid to get his ban on all football-related activities overturned. "I will fight, for me, for FIFA," said Blatter. "Banned eight years, for what?" The statement came just minutes after the Ethics Committee of football's world governing body handed down the eight year bans on both him and UEFA President Michel Platini...
(Xinhuanet 11/25/15)
(Xinhua) -- Confederation of African Athletics (CAA) believes its officials are targeted negatively in the fight against doping that is bedeviling track and field discipline at the moment. CAA believes embattled International Association of Athletics Federation (IAAF) former president Lamine Diack is being condemned without trial for abetting doping.
(AFP (eng) 10/25/15)
Gabon striker Pierre-Emerick Aubameyang netted a hat-trick on Sunday as Borussia Dortmund ran riot in a 5-1 home win over Augsburg to stay second in the Bundesliga. Dortmund trimmed the gap at the top to seven points behind run-away leaders Bayern Munich as Aubameyang took his tally to 13 goals in 10 league games to become the league's joint top-scorer alongside Bayern's Robert Lewandowski. This was an emphatic victory for Dortmund, who tore the Augsburg defence to pieces as Japan midfielder Shinji Kagawa set up three of the goals. Aubameyang claimed the third hat-trick in his two years at Dortmund. "I have no secret, but I bet with my brother yesterday that I would score three goals, no joke, I...
(AFP (eng) 10/05/15)
Gabon striker Pierre-Emerick Aubameyang continued an amazing German Bundesliga goal run at the weekend while Ghana playmaker Andre Ayew was among five African scorers in the English Premier League. Aubameyang has scored in all eight Bundesliga matches since the season kicked off, although his latest goal was of little help as Borussia Dortmund crumbled 5-1 at champions Bayern Munich. Jeff Schlupp, a Ghana team-mate of Ayew, Nigerian Idion Ighalo, Senegalese Sadio Mane and Congolese Yannick Bolasie were the other Premier League marksmen
(L'Union 09/28/15)
DIX pensionnaires du Club junior tennis de Libreville viennent de boucler un stage de perfectionnement à Doubaï, où ils ont renforcé leurs connaissances non seulement en tennis, mais aussi en basket-ball et en natation. Ces jeunes, dont l’âge varie entre sept et onze ans, étaient accompagnés de leur entraîneur Dandy Poaty et des parents. Georges Caroline Poaty (11 ans), Michael Poaty et Yams Lambert Begone (9 ans), des jeunes prometteurs selon leur entraîneur, se sont illustrés de fort belle manière en prenant part à des ateliers de tennis pendant une semaine à l’Emirates Tennis Acedemy, un centre de haut niveau situé en plein centre-ville de Doubaï. En natation, Josué Biveghe (13 ans), champion du Gabon de sa catégorie, et Sara...

Pages

(Bloomberg 03/03/17)
Polar Star Management Ltd., which runs one of the best-performing African and Middle East hedge fund over the past five years, plans to start a private-equity unit that will invest in agriculture to exploit rising demand for food. The Cape Town-based firm plans to use its own money to buy small farms and processing companies in South Africa this year, then increase efficiency through consolidation and better management, said Murray Derksen, a director at Polar Star. It aims to raise 1.5 billion rand ($115 million) for the fund, which may also buy commodities such as grains, while targeting an internal rate of return of 8 percent to 12 percent, he said. “We looked at the increase in corn demand globally,...
(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,...
(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...
(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...
(Bloomberg 01/27/17)
Barclays Africa Group Ltd. was targeted by protesters who entered one of its branches on Thursday and demanded the bank pay back money from a bailout provided to a company it bought before the end of apartheid. Demonstrators linked to the youth league of South Africa’s ruling African National Congress gathered outside the branch in Durban on South Africa’s east coast, Johannesburg-based Barclays Africa said in an e-mailed response to questions. Police ensured customers and staff were protected during the incident, it said. The protests come after the leaking of a draft report compiled by South Africa’s graft ombudsman that said Barclays Africa, which traded as Absa then, may have unduly benefited from state support when it bought Bankorp in...
(Bloomberg 01/25/17)
Taiwan’s last two African allies have no plans to switch allegiances and break ties with Taipei as Beijing tries to woo the self-ruled island’s diplomatic partners. Burkina Faso won’t cut relations with Taiwan despite people and companies with links to China offering funding in return for recognition of the One-China principle, according to Foreign Minister Alpha Barry. Swaziland said its relationship with Taiwan is based on mutual interests, not on money. “We get outrageous proposals telling us, ‘if you sign with Beijing we’ll offer you $50 billion or even more,’’’ Barry said in an interview in the capital, Ouagadougou, this month. “Taiwan is our friend and our partner. We’re happy and we see no reason to reconsider the relationship.” Competition...
(Voice of America 01/20/17)
By most measures, Africa is safer today than it has been in the modern era: Diseases are less deadly and wars are less frequent. But recent years have also been marked by a rise in radical extremism on the continent, and the terror threat could derail some of the world's fastest-growing economies. Dealing with the spread of radicalization has been a central focus of U.S. President Barack Obama's foreign policy during his time in office. Few areas have been spared over the past eight years, with much of the continent living in the shadow of a violent extremist group: al-Shabab in Somalia and East Africa, Islamic State (IS) in Libya, al-Qaida in the Islamic Maghreb (AQIM) in Mali, the Lord's...
(RFI 01/14/17)
The 27th Africa-France Summit kicked off on Friday in the Malian capital Bamako with more than 30 African heads of state meeting French officials to discuss the threat of jihadists in the Sahel region and improve democracy in Africa. the meeting is also an opportunity for French president François Hollande to showcase his legacy. The choice to hold the 27th Africa-France summit in Mali is not insignificant. Bamako is where president François Hollande first revealed himself as an international statesman, when France's military launched Operation Serval in January 2013 as jihadists allied to Tuareg rebels took control of the north of the country. "I took the necessary steps and we intervened militarily, and what we did there in terms of...
(Voice of America 01/10/17)
As Gabon gets ready to host this year’s Africa Cup of Nations football (soccer) tournament, local businesses are hoping for a much needed boost to the economy. A song supporting the national team of Ivory Coast, nicknamed the Elephants, blasts through speakers at the Oyem market square in Gabon. The Africa Cup of Nations doesn’t kick off for another week, but diehard supporter Alain Traore is already here, with his music. He says his wish is for the Elephants to understand that they are defending their country, Ivory Coast. He says they should forget the quarreling and squabbles that have always brought misunderstandings to the team. Ivory Coast will play here in northern Gabon alongside the teams from the Democratic...
(Huffingtonpost 01/10/17)
And it’s ironic given the growing consensus that Beijing is the U.S. president-elect’s enemy number one. Eric Olander and Cobus van Staden are the duo behind the China Africa Project and hosts of the popular China in Africa Podcast. We’re here to answer your most pressing, puzzling, even politically incorrect questions, about all things related to the Chinese in Africa and Africans in China. The election of Donald Trump has introduced a new era of uncertainty in global politics, especially in Africa where the president-elect has said little about his foreign policy agenda for the continent. Not surprisingly, Trump’s unpredictable, provocative style is sparking widespread concern across the continent as to whether the United States plans to remain engaged in...
(BBC News Africa 01/03/17)
An electricity grid for the whole village Problem: A total of 1.3 billion people worldwide currently don't have electricity, according to Yale Environment 360. Getting people in rural areas on to the national grid is proving too difficult and traditional solar panels generate meagre amounts of energy. Solution: Steamaco makes solar and battery micro-grids which can work for a whole village. They are small electricity generation and distribution systems that operate independently of larger grids. How it works: Micro-grids are nothing new. The new part is that Steamaco's technology automates the regulation of electricity. So, if the system detects there will be a surge in demand for electricity, for example on a Saturday night when people want to start playing...
(Voice of America 12/30/16)
2016 was predicted to be a tough year for African economies, and it delivered. Traditional economic leaders faltered this year amid a storm of falling commodity prices, unpredictable and destructive weather like droughts and floods across large swaths of the the continent. Slow economic growth in China, a major investor and trading partner, only added to their challenges. “This year, you’ve seen the two Africas: the commodity exporters going through tough times, while the non-commodity exporters being more resilient,” Nigerian economist Nonso Obikili, who researches Nigerian and sub-Saharan economic trends for Economic Research Southern Africa, told VOA. He says 2016 has been hard on African commodity giants as oil prices fell to lows not seen since the global financial crisis...
(The Globe and Mail 12/23/16)
The Square Kilometre Array will be the world’s most powerful radio telescope, opening new frontiers in our understanding of the universe. But the builders have to contend with an unforgiving climate and other formidable challenges first, In the desolate rocky plains of the Great Karoo, the dangers are endless. Scorpions and puff adders are underfoot. The harsh sun beats down, interrupted only by occasional lightning storms. Temperatures range from stifling heat to freezing cold. But at night, in the vast empty darkness, the stars are impossibly bright and clear. And it is the stars that have lured a Canadian-backed project to build the world’s most powerful radio telescope, with the potential to unlock the deepest secrets of the universe. For...
(Bloomberg 12/22/16)
Gabon’s bonds this month have returned more than any other dollar-denominated sovereign notes in emerging markets. The nation’s $1.5 billion bonds due December 2024 advanced as oil, which accounted for more than a third of government revenue last year, rose above $55 a barrel for the first time in about 17 months. Brent crude prices have risen 18 percent since OPEC members agreed to trim output for the first time in eight years. “If oil goes towards the $60 level, then that would help solve the macro context,” and the firm would consider amending its sell recommendation on the bonds, Stuart Culverhouse said, the chief economist at Exotic Partners LLP who downgraded his outlook on Mozambique’s debt less than two...
(CNN 12/15/16)
In the sleepy, sun-blasted town of De Aar in central South Africa, a mighty force is stirring. The largest solar plant in Africa, Middle East and the Southern hemisphere was inaugurated here earlier this year, a 175-megawatt facility that spreads over almost 500 hectares. The facility is the brainchild of Solar Capital, led by hotel magnate turned solar evangelist Paschal Phelan, which ploughed $400 million into the venture. The plant supplies power to the National Grid, but when the heat is fiercest it produces far more than the Grid can use, and the excess power goes to waste. "It's like you have a Ferrari and you run a small car," says Massimiliano Salaorno, plant manager of Solar Capital De Aar...
(Le Monde 12/09/16)
Dozens of politicians, diplomats, military and intelligence chiefs, members of the opposition and leading business figures were wiretapped across the continent. This rare overview of modern satellite espionage could hardly be less technical and abstract, for it not only names the victims of intercepts but also reveals the scale of a surveillance operation spanning an entire continent. That continent is Africa. New documents shown to Le Monde, in collaboration with The Intercept, from the data cache of the former NSA (National Security Agency) operative Edward Snowden, originally given to Glenn Greenwald and Laura Poitras, offer unprecedented insight into information on twenty African countries collected by GCHQ, the British intelligence service, between 2009 and 2010. Dozens of lists of intercepts examined...
(Voice of America 12/02/16)
Activists are using the women's Africa Cup of Nations tournament in Cameroon to campaign for the protection of the continent's forests and animal species. The campaign, called “Sports for Nature," is spearheaded by conservationist groups who say some of Africa's natural resources are on the verge of going extinct. In Yaounde, birds sing at a makeshift park near the Ahmadou Ahidjo stadium, one of the sites of the 2016 women's football African Cup of Nations. Conservationist Nevielle Tanyi points toward a crocodile walking nearby and describes the danger it poses to workers trying to maintain a pond. "When we provoke the crocodile to leave the pond area, it goes toward the side where there is no water and it normally...
(Washington Post 11/28/16)
Following his release after 27 years in prison, Nelson Mandela made sure one of his first trips abroad was to Havana. There, in the Cuban capital in 1991, Mandela lavished his host, Fidel Castro, with appreciation. Castro, said Mandela, was a “source of inspiration to all freedom-loving people.” The scene might seem paradoxical in some corners of the West. How could the global symbol of African liberation and democracy say such a thing about a man whose death last Friday provoked exiles who fled repressive Cuban rule to dance in Miami's streets? How could Mandela — imprisoned by South Africa's apartheid rulers — find common ground with Castro, who cleared his way to absolute power in Cuba by jailing untold...
(The Guardian 11/23/16)
Rulers of the DRC, Burundi, Zimbabwe and others say tide has turned after Obama’s efforts to promote democracy abroad. As the sun rose over Kinshasa on 9 November, Martin Fayulu was awoken by a phone call from a relative in the US telling him to switch on his television – Donald Trump appeared set to become the next US president. Fayulu, an opposition politician at the forefront of recent protests calling for elections to be held on time in the Democratic Republic of the Congo, immediately switched on a French channel. “Many Congolese were watching, and a lot had mixed feelings,” he said. Across Africa the interest was equally intense, with the surprise result prompting fierce speculation about the unexpected...

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