Thursday 25 May 2017

Gambie

(AFP (eng) 05/24/17)
For decades, The Gambia has built a reputation as a haven for tourists willing to pay for sun, sand, sea... and sex. But its tourism board has ambitious plans to give a makeover to this tiny west African nation known until now to tourists mainly for muscular young men selling themselves on beaches to much older women from Europe. Abdoulie Hydara, director-general of the Gambia Tourism Board, dreams of his nation becoming the next Kenya or Zimbabwe -- African countries whose wildlife and nature attract well-heeled visitors from across the globe. "We need to develop new products on the way, while maintaining and improving what we already have," Hydara told AFP, enthusing about the country's...
(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)
Gambian authorities have seized assets including 86 bank accounts and 131 properties linked to former president Yahya Jammeh, an official said on Monday, as an investigation into the veteran ruler's wealth gathers pace. The new government has accused Jammeh of massive fraud including siphoning off public money during his 22-year rule that ended in election defeat and disgraced exile in Equatorial Guinea in January. Jammeh has been out of contact since leaving for exile and his associates no longer respond...
(Xinhuanet 05/23/17)
The Justice Minister of the Gambia Aboubacarr Tambadou on Monday said they have obtained a court order to freeze the known assets in the country belonging to former president Yahya Jammeh. "We have obtained a court order freezing the known assets in the country of the former President Yahya Jammeh or companies directly associated with him," he said at a press conference at his office in Banjul. The freezing order affects 131 land properties held in the personal name of...
(Voice of America 05/23/17)
Gambia's government used a court order Monday to seize assets belonging to exiled former President Yahya Jammeh. They include nearly 90 bank accounts and 14 companies linked to Jammeh. Justice Minister Abubacarr Tambadou says Jammeh stole $50 million in public funds before fleeing Gambia for Equatorial Guinea in January. Jammeh and his associates have been unavailable for comment since he left the country. Jammeh ruled Gambia for 22 years before losing December's presidential election to Adama Barrow. He contested the...
(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...
(Reuters (Eng) 05/22/17)
Countries in sub-Saharan Africa need to get their budgets in order, diversify their economies and look after their poorest people. If they do that, there is no reason why the region cannot have the strong growth needed to meet the aspirations of a young and growing population. That, at least, is the three-pillared prescription from the International Monetary Fund as expressed by one of its top Africa researchers, Celine Allard, in an official IMF blog post and podcast. Allard co-authored...
(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...
(AFP (eng) 05/19/17)
Two fugitive former army officers have been indicted over the 2004 murder of prominent Gambian journalist Deyda Hydara, judicial sources said. The court in Banjul also separately issued an arrest warrant for ex-interior minister Ousman Sonko over the death of former intelligence chief Daba Marenah. Hydara, 65, an outspoken critic of then president Yahya Jammeh, was shot dead by unidentified gunmen in his car on the outskirts of Banjul in December 2004. He was the editor and co-founder of the...
(Reuters (Eng) 05/19/17)
When rich countries wrote off billions of dollars of African debt in 2005, they hoped governments would think twice about borrowing again in costly foreign currencies. Over a decade later, most sub-Saharan African countries still rely on U.S. dollar-denominated debt to finance their economies. Some investors say this is sowing the seeds of future debt crises if local currencies devalue and make dollar debt repayments more expensive. Aside from South Africa and Nigeria, governments have not yet done enough to...
(Xinhuanet 05/18/17)
The head of the African Union delegation to Gambia said the continental body is ready to help the country prepare the Truth and Reconciliation Commission to look into atrocities committed in the past two decades, local media reported on Thursday. Pierre Buyoya made the comment after his delegation held a closed-door meeting with the country's vice president Fatoumatta Jallow Tambajang. "We came to the Gambia to see which way the African Union can assist, concretely, in confronting some of the...
(Xinhuanet 05/18/17)
In order to revive Gambia’s weak economy, which was shunned by investors during president Jammeh’s rule, Caira-based lender African Export Import Bank (Afreximbank) said it will invest up to $500 million in the country. This was announced by the bank’s president, Benedict Oramah on Monday after meeting with President Adama Barrow. According to the executive, the facility will be invested in tourism, infrastructure and agriculture. However, though he did not say when the financing would be released, he affirmed that...
(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...
(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...
(AFP (eng) 05/16/17)
The Gambia's president swore in six new judges to top courts Monday, with Gambians dominating the list in a country that long relied on foreign justices under the former regime. Courts were long seen as a tool used by The Gambia's ex-leader Yahya Jammeh to consolidate power, jailing opposition activists and even members of his own cabinet. Justices from abroad were hired and fired with alarming frequency. Chief Justice Hassan Bubacar Jallow said the four appointed to the Supreme Court...
(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...
(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...
(AFP (eng) 05/12/17)
Gambians want swift justice for the crimes of fallen dictator Yahya Jammeh's regime but the new government faces an uphill battle to jail the most prolific abusers. Silenced for 22 years, victims shot or tortured by Jammeh's security services are now speaking out, along with families whose loved ones have been pulled from recently found unmarked graves. But the cash-strapped government refuses to put anyone else in the dock, burnt by a high-profile, politically charged case this year that has run into procedural and systemic problems. "In terms of prosecutions, we are not at that stage yet," Justice Minister Abubacarr Tambadou told AFP in his dimly-lit office in central Banjul
(AfricaNews 05/11/17)
The Gambian government has signed a bilateral agreement with Russia to waive visa for diplomatic passport holders. The agreement signed in Banjul on Friday is meant to strengthen the diplomatic ties between the two countries that dates back to 1965, the foreign ministry said in a statement. Minister of Foreign Affairs, International Cooperation and Gambians Abroad, Ousainou Darbo was optimistic that the free movement between Gambia and Russia will enhance economic cooperation. On his part, Russian Foreign Minister Mickhai Bagnodov, who was on an official visit to the country
(Reuters (Eng) 05/10/17)
Gambia's central bank governor and three other senior bank officials who served under ex-strongman leader Yahya Jammeh were dismissed from their positions on Tuesday, the governor and government officials said. Jammeh fled the tiny West African nation in January as a regional military force prepared to intervene and remove him after he rejected his election defeat to opposition figure Adama Barrow. Barrow's government accuses Jammeh of committing fraud on a massive scale during his 22-year rule, including siphoning off tens...

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(AFP (eng) 05/24/17)
For decades, The Gambia has built a reputation as a haven for tourists willing to pay for sun, sand, sea... and sex. But its tourism board has ambitious plans to give a makeover to this tiny west African nation known until now to tourists mainly for muscular young men selling themselves on beaches to much older women from Europe. Abdoulie Hydara, director-general of the Gambia Tourism Board, dreams of his nation becoming the next Kenya or Zimbabwe -- African countries whose wildlife and nature attract well-heeled visitors from across the globe. "We need to develop new products on the way, while maintaining and improving what we already have," Hydara told AFP, enthusing about the country's...
(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...
(Xinhuanet 05/23/17)
The Justice Minister of the Gambia Aboubacarr Tambadou on Monday said they have obtained a court order to freeze the known assets in the country belonging to former president Yahya Jammeh. "We have obtained a court order freezing the known assets in the country of the former President Yahya Jammeh or companies directly associated with him," he said at a press conference at his office in Banjul. The freezing order affects 131 land properties held in the personal name of...
(Voice of America 05/23/17)
Gambia's government used a court order Monday to seize assets belonging to exiled former President Yahya Jammeh. They include nearly 90 bank accounts and 14 companies linked to Jammeh. Justice Minister Abubacarr Tambadou says Jammeh stole $50 million in public funds before fleeing Gambia for Equatorial Guinea in January. Jammeh and his associates have been unavailable for comment since he left the country. Jammeh ruled Gambia for 22 years before losing December's presidential election to Adama Barrow. He contested the...
(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...
(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...
(AFP (eng) 05/19/17)
Two fugitive former army officers have been indicted over the 2004 murder of prominent Gambian journalist Deyda Hydara, judicial sources said. The court in Banjul also separately issued an arrest warrant for ex-interior minister Ousman Sonko over the death of former intelligence chief Daba Marenah. Hydara, 65, an outspoken critic of then president Yahya Jammeh, was shot dead by unidentified gunmen in his car on the outskirts of Banjul in December 2004. He was the editor and co-founder of the...
(Xinhuanet 05/18/17)
The head of the African Union delegation to Gambia said the continental body is ready to help the country prepare the Truth and Reconciliation Commission to look into atrocities committed in the past two decades, local media reported on Thursday. Pierre Buyoya made the comment after his delegation held a closed-door meeting with the country's vice president Fatoumatta Jallow Tambajang. "We came to the Gambia to see which way the African Union can assist, concretely, in confronting some of the...
(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...
(AFP (eng) 05/16/17)
The Gambia's president swore in six new judges to top courts Monday, with Gambians dominating the list in a country that long relied on foreign justices under the former regime. Courts were long seen as a tool used by The Gambia's ex-leader Yahya Jammeh to consolidate power, jailing opposition activists and even members of his own cabinet. Justices from abroad were hired and fired with alarming frequency. Chief Justice Hassan Bubacar Jallow said the four appointed to the Supreme Court...
(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...
(AFP (eng) 05/12/17)
Gambians want swift justice for the crimes of fallen dictator Yahya Jammeh's regime but the new government faces an uphill battle to jail the most prolific abusers. Silenced for 22 years, victims shot or tortured by Jammeh's security services are now speaking out, along with families whose loved ones have been pulled from recently found unmarked graves. But the cash-strapped government refuses to put anyone else in the dock, burnt by a high-profile, politically charged case this year that has run into procedural and systemic problems. "In terms of prosecutions, we are not at that stage yet," Justice Minister Abubacarr Tambadou told AFP in his dimly-lit office in central Banjul
(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...
(AFP (eng) 05/04/17)
Switzerland said Wednesday it has extended the detention of former Gambian interior minister Ousman Sonko after "progress" in a crimes against humanity probe. Sonko was a top lieutenant of The Gambia's fallen dictator Yahya Jammeh, who was forced from office in January by west African powers after he refused to accept defeat in a December election. Sonko has been accused of overseeing and committing torture while heading the interior ministry from 2006 to 2016. He fled to Sweden after Jammeh sacked him in September, before arriving in Switzerland in November. Swiss authorities arrested Sonko in January and have since interviewed witnesses, seized documents and asked for additional evidence from
(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...
(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...
(Xinhuanet 04/27/17)
The West African bloc is seeking to strengthen the role of the private sector in health service delivery in the sub-region as financing sources become increasingly difficult, Dr. Xavier Crespin, Director General of the West African Health Organization (WAHO), disclosed here on Monday. He explained that, for the sub-region to be able to attain its health targets, both public and private sector support would be critical in financing the health delivery needs of the countries. Dr. Crespin emphasized this during...
(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...
(AFP (eng) 04/21/17)
As the rebel slave who defied his captors, Kunta Kinte, immortalised in print and on screen in "Roots", put The Gambia on the map for historical tourism. But the island where he and tens of thousands of west African slaves faced the horrors of being chained, branded and separated before leaving their homeland forever, is under threat from sea erosion and neglect. Kinte's descendants, along with heritage officials, warn that without urgent action, 550 years of history could be lost. They are pressuring the new government to preserve the country's historical memory for the next generation of Gambians and tourists.
(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...

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(Reuters (Eng) 05/22/17)
Countries in sub-Saharan Africa need to get their budgets in order, diversify their economies and look after their poorest people. If they do that, there is no reason why the region cannot have the strong growth needed to meet the aspirations of a young and growing population. That, at least, is the three-pillared prescription from the International Monetary Fund as expressed by one of its top Africa researchers, Celine Allard, in an official IMF blog post and podcast. Allard co-authored the Fund's regional economic outlook, released earlier this month. It found that sub-Saharan economic growth hit only 1.4 percent last year, the lowest level in two decades and well off the 5-6 percent rates normally...
(Reuters (Eng) 05/19/17)
When rich countries wrote off billions of dollars of African debt in 2005, they hoped governments would think twice about borrowing again in costly foreign currencies. Over a decade later, most sub-Saharan African countries still rely on U.S. dollar-denominated debt to finance their economies. Some investors say this is sowing the seeds of future debt crises if local currencies devalue and make dollar debt repayments more expensive. Aside from South Africa and Nigeria, governments have not yet done enough to develop capital markets that would have allowed them to raise more money in their own currencies, investors say. United Nations trade body UNCTAD estimates that Africa's external debt stock rapidly grew to $443 billion by 2013 through bilateral borrowing, syndicated...
(Xinhuanet 05/18/17)
In order to revive Gambia’s weak economy, which was shunned by investors during president Jammeh’s rule, Caira-based lender African Export Import Bank (Afreximbank) said it will invest up to $500 million in the country. This was announced by the bank’s president, Benedict Oramah on Monday after meeting with President Adama Barrow. According to the executive, the facility will be invested in tourism, infrastructure and agriculture. However, though he did not say when the financing would be released, he affirmed that...
(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...
(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...
(Reuters (Eng) 05/10/17)
Gambia's central bank governor and three other senior bank officials who served under ex-strongman leader Yahya Jammeh were dismissed from their positions on Tuesday, the governor and government officials said. Jammeh fled the tiny West African nation in January as a regional military force prepared to intervene and remove him after he rejected his election defeat to opposition figure Adama Barrow. Barrow's government accuses Jammeh of committing fraud on a massive scale during his 22-year rule, including siphoning off tens...
(Graphic Online 05/08/17)
Ghana is wooing the Japanese business community to partner government in the country’s infrastructure development. “We invite them; we invite investors, we invite financiers, we invite concessioners, transaction advisors and consultants to take opportunity to discuss any area of interest for a win-win situation. “We particularly wish to invite our friends from Japan to look favourably to Ghana and partner government in the country’s infrastructure development to the mutual interest of the two countries,” the Minister of National Security, Mr...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(AfricaNews 04/14/17)
A top International Monetary Fund (IMF) official, Ulrich Jacoby, has said the Gambia is at an economic turning point following the transition of power earlier this year. According to him, despite the challenges that lie ahead, concerted policy efforts plus the support from the international community will be key to scaling the hurdles. Ulrich led a mission that spent two weeks in the West African country during which time he met with stakeholders on how to put the economy back on track after the economic mismanagement and massive embezzlement of funds during the Jammeh-led regime.
(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...
(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...
(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,...
(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...

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(AFP (eng) 05/09/17)
Sprinters Alieu Joof and Assan Faye are hoping to land Gambia's first-ever medals at an Islamic Solidarity Games when the fourth edition takes place in Baku. The 100 and 200-metre specialists are looking for their first individual medals at any athletics event, and are also hoping to deliver for their country. Gambia failed to win a medal in Saudi Arabia in 2005 and in Indonesia in 2013, and are pinning their hopes on their talented young sprint pair, who are confident of a major tournament breakthrough. "We are expecting to have a fruitful competition," said 20-year-old 100-metre specialist Assan Faye, whose personal best stands at 10.51 seconds. Faye
(AFP (eng) 03/16/17)
Africa will host a Commonwealth Games one day despite the blow of Durban being stripped of hosting the 2022 edition, David Grevemberg, the chief executive of The Commonwealth Games Federation (CGF), told AFP. Durban lost the right to host the Games on Monday -- just 18 months after being awarded them -- when it failed to meet criteria laid down by the CGF, primarily over costs. "I wouldn't want to make a judgement call," Grevemberg told AFP on the sidelines of a briefing by 2018 Games hosts Gold Coast on Wednesday. "Durban has hosted some great events, it is a fantastic city and are wonderful warm hosts with bright ambitions and great aspirations. "However, it takes more than a municipality,...
(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...
(AFP (eng) 01/09/17)
Gabon witnessed one of the most sensational finishes to an Africa Cup of Nations tournament when no-hopers Zambia stunned the Ivory Coast to win the 2012 final. Zambia failed to qualify this time, but the Ivorians will be among the favourites again when the competition returns to the central African state with the first fixtures scheduled for Saturday. AFP Sport rates the chances of the 16 challengers for the $4 million (3.8 million euros) first prize (last three competitive results...
(AfricaNews 12/05/16)
Cameroon’s Indomitable Lionesses failed to use home advantage and revenge in the final of the Women African Cup of Nations (AWCON 2016) losing by a goal to Nigeria’s Super Falcons. The Super Falcons thus successfully defended the title they won in 2014 by defeating Cameroon in Namibia. The hosts entered the final aiming to win their first title and avenge two previous defeats by Nigeria. But a late goal by Oparanozie Desire dashed hopes and sent disappointment through the teeming...
(AFP (eng) 11/10/16)
All CAF competitions will offer increased prize money from 2017, the Cairo-based African football body said Wednesday. The announcement came months after French oil-gas company Total signed an eight-year sponsorship deal with CAF reportedly worth more than one billion dollars (915 million euros). Winners of the biennial Africa Cup of Nations will receive $4 million, up from the $1.5 million pocketed by 2015 champions the Ivory Coast. CAF Champions League title-holders are going to collect $2.5 million -- $1 million...
(AFP (eng) 11/03/16)
The goalkeeper of the Gambia's national women's football team died crossing the Mediterranean in the hope of starting a new life in Europe, her former coach told AFP Wednesday. Fatim Jawara, believed to have been just 19, was on board a boat that ran into trouble in the Mediterranean last month while crossing from Libya to Europe. She joins more than 3,300 migrants who have lost their lives in its waters this year, according to figures from the International Organization...
(AFP (eng) 11/03/16)
African champions Mamelodi Sundowns won for the first time in the South African Premiership this season Wednesday and climbed off the bottom of the table. The Pretoria club triumphed 2-0 at Polokwane City thanks to goals from Percy Tau and Zimbabwean Khama Billiat, two stars of the 2016 CAF Champions League triumph. Sundowns became African champions for the first time 11 days ago by defeating Zamalek of Egypt 3-1 on aggregate in the final. But a domestic fixture backlog meant...
(The Point 10/07/16)
Lamin K. Colley, presidential aspirant for the Gambia National Olympic Committee (GNOC), has highlighted some of his plans ahead of the 5th November 2016 elective congress. Speaking in an exclusive interview with Pointsports yesterday at his Serrekunda Police Station Office, King Colley, as he is widely known, said he would tender his nomination to run for the presidency today Friday 7 October 2016. Born on 25 May 1968, King attended Busura Primary School in Kombo Central from 1975 to 1980...
(AfricaNews 09/19/16)
The agreement on African games signed in Cairo over the weekend between the African Union and the Association of National Olympic committees of Africa will be implemented after validation by the Africa Union commission. The two parties are expected to mobilise renowned African athletes and the best teams to help raise their level of performance. Sources say the African Union will continue to manage the African games while the Union of African Sports Confederations will take care of its technical...
(AFP (eng) 07/22/16)
French petroleum giant Total signed an eight-year deal to become the new sponsor of African football and its showpiece event, the Africa Cup of Nations, on Thursday. The sponsorship of the tournament will start at its next edition in Gabon from Jan 14 to Feb 5, 2017. "This partnership is a major milestone in our ongoing search for additional resources to accelerate African football’s development, bring its governance up to date, upgrade its sports infrastructure and advance its performance globally,"...
(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...
(AFP (eng) 06/14/16)
Gambian refugee Bakery Jatta has signed a contract with German Bundesliga side Hamburg, the club said Tuesday, in what local media dubbed a "football fairytale". Jatta -- who made the dangerous Mediterranean crossing from North Africa to Italy last year as a lone teenager -- on Tuesday inked a 10,000 euro ($11,000) a month contract with HSV. The young striker, who had previously never played in a club, impressed HSV during a test session in January but had to wait,...
(APA 05/06/16)
Gambia Football Federation (GFF) and the GTBank Gambia have on Thursday signed a Memorandum of Understanding to sponsor Football Schools under the auspices of Secondary Schools Football Association. The signing ceremony was held at the Bank Head Office along Kairaba Avenue witnessed by senior staff of GTBank and Executive Committee of the Gambia Football Federation. The President of Secondary Schools Football Association Martin Gomez signed on behalf of his Association while GTBank Managing Director Bolagie Ayodele represented the bank. In...
(The Point 04/01/16)
Sierra Leone are set to host The Gambia in the first leg of the 2017 African U-20 Youth championship qualifiers tomorrow, Saturday 2 April 2016, in Makeni. The Shooting Stars will be hostile to sink The Gambia to sail to the second round as well as keep their chances of qualifying for the 2017 African U-20 Youth Championship to be hosted in Zambia. The Darling Scorpions, on the other hand, will also be antagonistic to grab positive result against Sierra...
(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...
(APA 01/19/16)
A former AC Milan youth player who purported to be 19 years of age is facing fraud charges after his Facebook profile revealed that he is actually 28. According to the website of the Monday edition of the Mirror newspaper, Yusupha Yaffa was on the books at the San Siro until earlier this season, where chiefs believed him to still be a teenager. The Italian media have now found out that the striker was pretending to be nine years younger...
(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...
(The Point 01/12/16)
Ousman Marong, a native of Farato village based in the UK, and Karang Lang Jorbateh, president of Brikama football committee,have donated football items to Farato youth sports committee. The items which included football jerseys, shocks and footballs were presented at a ceremony at Farato village recently. Speaking at the presentation, president of Farato youth sports committee, Karamo Njie, thanked the donors for their "wonderful support" to the committee. Mr Njie said the president of Brikama football committee has always said...
(The Point 01/11/16)
The Gambia Football Federation on Friday 8 January 2016 received at its Secretariat Roman Bucher and Beatrice Yama nationals from Switzerland who presented sets of football jerseys as philanthropic gesture to the football federation. Roman and Beatrice were accompanied to the Football House by Mustapha Alex Da Costa who expressed thanks to the GFF leadership for receiving them. He said the reason for their visit to the GFF and to Football House is to present jerseys to the GFF and...

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(APA 05/08/17)
The first ever cabinet retreat of the new Gambia Government on Friday and the breaking news of a Gambian citizen joining the Islamic State terrorists group, ISIS dominate the headlines of Gambian newspapers on Monday. The Point Newspaper said the Gambian leader, Mr. Adama Barrow, on Friday presided over his government's first cabinet retreat organised in collaboration with the United Nations Development Programme (UNDP) in The Gambia, under the theme '' Collaborative Leadership and Dialogue''. Addressing the gathering, President Barrow hailed the ''timeliness'' of the meeting involving his ministers and the team of technicians working together for common vision and development priorities of government, the Newspaper reported. Speaking at the meeting held in Banjul, the...
(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...
(AFP (eng) 03/02/17)
A film raging against colonialism and the exploitation of Africa wowed viewers at the continent's top cinema festival Wednesday, winning shouts of approval at a screening packed to bursting point. "The African Storm" tells the story of an African president who nationalises businesses run by racist, cynical Western executives. Directed and produced by its Beninese star Sylvestre Amoussou, it tackles several hot-button issues including an exit from the CFA franc currency, closer ties with Russia and China as opposed to...
(AFP (eng) 02/27/17)
An African road movie about four women wowed its audience Sunday as it kicked off the Panafrican cinema and television festival (Fespaco), a showcase for the continent's burgeoning film industry. "Borders" ("Frontieres") directed by Apolline Traore, a Fespaco laureate in 2013, sweeps across Africa as its protagonists journey through Senegal, Mali, Burkina Faso and Benin on their way to Nigeria. Along the way the women -- Ivorian, Senegalese, Burkinabe and Nigerian actresses -- are spared nothing as they are beset...
(APA 11/29/16)
The continuation of the trial of an economic crime case involving senior officials of the Gambia National Petroleum Company (GNPC) at the Special Criminal Court in Banjul, and the 2016 election campaigns by the different presidential candidates, dominate newspaper headlines in the Gambia on Tuesday. According to The Point newspaper, Lawyer E. Sanneh representing the second accused in the GNPC case, Momodou Badjie, asked for further clarity regarding Sergeant Alhajie K. Manneh being a member of the Major Crime Unit...
(APA 11/28/16)
The intensive campaign rallies by different presidential candidates in various communities and towns were the lead stories in Gambian newspapers on Monday. Speaking in a rally on Sunday, the seven-party coalition standard bearer, Adama Barrow has described his candidature as a “symbol of unity”, noting that if elected he will work with the coalition partners to unite what he called a “divided nation”, thereby meeting the aspirations of the citizenry. According to the lead story on The Voice newspaper, Barrow...
(APA 11/22/16)
The plans laid by the different presidential candidates in the Gambia dominate the Tuesday editions of the newspapers as the campaign for the 2016 elections continued. The Daily Observer zoomed on the Gambian leader, Yahya Jammeh's call on the people of Basse Mansajang in eastern Gambia to massively vote for him in the upcoming polls, saying the election is entirely funded by his government. Jammeh once again used the rally to criticize the West, saying they are always against his...
(APA 11/07/16)
The starting of nomination process of presidential aspirants and the launching of an agricultural and environmental project dubbed, ''Gambia is Green'' by the Gambian First Lady dominate the headlines of Gambian newspapers on Monday. The Point and Voice newspapers reported that Mamma Kandeh, leader of the Gambia Democratic Congress (GDC), will file his nomination papers to the Independent Electoral Commission (IEC) to determine his candidature to contest in the December 1 election. It said that Adama Barrow, leader of the...
(APA 11/03/16)
The Gambian Government has said it will review the national frequency table and make necessary adjustments for a more efficient and standard operation of the electronic media in the country. A press release from the Public Utility Regulatory Authority (PURA) on Thursday ordered all radio stations in the country to submit details of their operating frequencies, programme schedules and names to PURA as part of the review process in order to come up with recommendations and update of the national...
(APA 11/03/16)
The Thursday edition of Gambian newspapers focused on the Independent Electoral Commission (IEC)'s call for Presidential aspirants to file their nomination papers starting from next week Monday and the signing ceremony of over $61 million road construction deal among other issues. The Point newspaper reported that the Independent Electoral Commission (IEC) has released the nomination schedule for aspiring candidates for the December 1 presidential election, starting on Monday. According to the Point newspaper, the electoral commission will receive a single...
(APA 10/24/16)
Once again, the Gambia has come under criticism from the ongoing ordinary session of the African Commission on Human and Peoples’ Rights which is celebrating the 30th anniversary of the coming into force of the Banjul Charter. According to Foroyaa newspaper in its second lead story on Monday, the chairperson of the ACHPR Pansy Tlakula lamented that the Gambia’s has failed to respond for many years to letters of concern from the Commission about its human rights violations. Tlakula, according...
(AFP (eng) 10/21/16)
Demand for homegrown contemporary music is sweeping Africa and driving a creative boom in an industry otherwise battered by falling CD sales and rampant piracy. A recent study of the entertainment sector by PricewaterhouseCoopers (PwC) accountants showed rapid earnings growth in many African countries, fuelled largely by live performances by local artists. "Consumers are increasingly wanting local content," Vicki Myburgh, a PwC director who conducted the study released last month, told AFP. "The Nigerian music market... will (soon) grow at...
(AFP (eng) 10/11/16)
Raised on the backstabbing intrigue of 1980s American soaps "Dallas" and "Dynasty", and later, the heady drama of South American telenovelas, Africans are enjoying a surge in local TV content they can finally identify with. It took a while, but in the past decade local programming has soared in sub-Saharan Africa's key economies, a rise driven by both foreign satellite networks and television stations on the continent. This growth has delivered up local shows such as Kenya's comedic "Real Househelps...
(APA 10/05/16)
The reaction of a Member of Parliament to the Gambia's female presidential aspirant, Dr. Isatou Touray’s 'abusive words' directed at the ruling APRC party, the ratification of the International Plant Protection Convention (IPPC) by the National Assembly were the top stories in Gambian newspapers on Wednesday. The Daily Observer zoomed on the reaction of Seedy Njie, nominated Member of Parliament to a statement made by the first female presidential aspirant during an inter-party dialogue convened by the African Union pre-election...
(APA 10/04/16)
The implementation of visa restrictions to officials of the Gambian Government and their families by the United States Embassy in Banjul, the Minister of Youth Sports, Alieu K Jammeh's call for Gambian youths to pursue national unity dominate the headlines of Gambian newspapers on Tuesday. The Point newspaper reports on its lead page that effective from October 3, 2016, the United States Embassy in Banjul has stopped issuing visas to Gambian government officials, others associated with the government and their...
(APA 09/28/16)
The move by the Independent Electoral Commission (IEC) to replace lost and damaged voters cards for eligible Gambian voters and the one-day visit of Guinea Bissau's leader were the headline stories in Gambian newspapers on Wednesday. The Point newspaper reported that the Gambia's Independent Electoral Commission (IEC) has revived the call for replacement of voters’ cards from people who have problems with their cards. The report quoted a press release issued by IEC on Tuesday noting that in a bid...
(AFP (eng) 09/23/16)
A century after the project was conceived in the throes of racial segregation, and a few months before the first black US president leaves office, the African American Museum in Washington opens Saturday. Here are key facts about the first national museum devoted entirely to showcasing African Americans' life, history and culture. - 1915: A project 101 years old The effort to open, in the US capital, a museum dedicated to the history of the black community "began more than...
(The East African 09/10/16)
The Pan African Federation of Filmmakers (FEPACI) is seeking to raise $200 million from partners over the next two years to fund the continent's audiovisual and cinema sector. The funds will be used to establish centres of excellence in the five regions - East Africa, North Africa, Central Africa, Southern Africa, and West Africa -- and the locations will be decided by the African Council of Ministers of Culture. The money will be used to improve the quality and quantity...
(Voice of America 07/04/16)
To the beat of African drums, a few dozen people gathered at Dallas City Hall Friday to officially kick off the three-day African Film Festival. The event showcases films made by Africans, as well as a few made by non-Africans about issues important to different regions of the continent. City officials hailed the new festival as an expression of the increasing ethnic and cultural diversity in Texas’ second-largest city. Regina Hill Onyeibe, the Africa Liaison for the City of Dallas...
(Reuters (Eng) 06/28/16)
Africa's largest provider of pay-television services Naspers (NPNJn.J) has kept prices on the continent unchanged to halt a decline in subscriber numbers, its chief executive said on Monday. Naspers, the biggest listed firm on the continent, which sells access to popular American series and blockbuster movies in 50 countries in Africa and the Indian Ocean via its Multichoice unit, reported an 18 percent rise in full-year profit on Friday, but flagged pay-TV as a drag on its performance. Weaker currencies...

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(Voice of America 05/23/17)
Gambia's government used a court order Monday to seize assets belonging to exiled former President Yahya Jammeh. They include nearly 90 bank accounts and 14 companies linked to Jammeh. Justice Minister Abubacarr Tambadou says Jammeh stole $50 million in public funds before fleeing Gambia for Equatorial Guinea in January. Jammeh and his associates have been unavailable for comment since he left the country. Jammeh ruled Gambia for 22 years before losing December's presidential election to Adama Barrow. He contested the results for several weeks before giving up and fleeing the country. His long-ruling political party lost April's parliamentary elections to the opposition United Democratic Party. Along with allegations of looting public funds, investigators in Gambia...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(BBC News Africa 04/06/17)
Gambians have begun voting for members of their one-chamber parliament in the the first polls since Yahya Jammeh left power after more than 22 years. Under Mr Jammeh, the National Assembly was frequently ignored as the president enacted executive decrees without consultation. Expectations are high that under the new president, Adama Barrow, parliament will play a key part in lawmaking. Mr Barrow has pledged to carry out political, security and media reforms. As part of his proposed reforms, he is...
(Bloomberg 04/05/17)
Gambians choose a new parliament Thursday in a vote that will likely give new authority to an assembly that was dominated for more than two decades by Yahya Jammeh, the former dictator ousted by West African troops in January. The vote will see 239 candidates from political parties that include the United Democratic Party led by President Adama Barrow, vying for 53 seats in the nation’s national assembly. “These first elections post-Jammeh will cement the country’s democratic transition,” Adeline Van...
(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...
(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...
(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...
(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...
(Voice of America 03/17/17)
One of the enduring legacies of the Barack Obama presidency will be the relationship built between the United States and young Africans. As part of Obama’s Young African Leaders Initiative (YALI), each year 1,000 young people from sub-Saharan Africa travel to the United States to spend six weeks at a U.S. college or university. The program will continue this summer. But building enduring relationships is a two-way street, and many in Africa want to see Americans coming to their continent...
(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...
(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...
(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...
(The Guardian 02/23/17)
Ministers say scale of looting by autocratic former leader Yahya Jammeh was much higher than originally thought and that he left country $1bn in debt. The former Gambian president Yahya Jammeh stole far more money from the state than previously thought, the new government has alleged, leaving the country with a “monstrous debt” of more than $1bn. The autocratic former leader of the small west African country siphoned off at least $50m from social security, the country’s ports, and the...

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