Wednesday 22 November 2017
(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...
(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...
(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,”...
(Reuters (Eng) 08/28/17)
Getting Europe’s migrant crisis under control will be in focus at a summit of Europe’s “big four” continental powers and three African nations in Paris on Monday, with French President Emmanuel Macron seeking concrete action. The 28-nation European Union has struggled to agree on 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. Over the summer, Macron sought to take the initiative on managing the flow of migrants crossing the Mediterranean from Libya, mainly into Italy. He proposed hotspots in Africa to handle asylum requests. The viability of such centers was questioned by European and African allies and on Monday...
(Bloomberg 08/24/17)
Every African nation that’s sold dollar debt now has at least one junk rating, but it would be hard to tell by looking at the bond market. The average yield on sovereign Eurobonds in Africa has hovered near the lowest level in two years this month, according to a Standard Bank Group Ltd. index, even after Moody’s Investors Service cut Namibia to below investment grade on Aug. 11. The world’s biggest producer of marine diamonds had been the continent’s only dollar-bond issuer without a junk rating. A low interest rate environment in the developed world has encouraged investors to look past the problems plaguing African economies, including low commodity prices, dollar shortages in some of them and rising political tension...
(Xinhuanet 08/23/17)
China is dedicated to enhancing its cooperation with Africa in human resource development through knowledge and technology transfer, a Chinese diplomat said Tuesday. Liu Tao, Charge d'Affaires of the Chinese Embassy in Ethiopia, made the remarks at the Chinese Government Training Program Fellowship Reception in Ethiopia's capital Addis Ababa. He said China, since the year 2000, has sent over 2,000 agricultural experts and over 7,000 medical personnel to Africa, and has trained more than 80,000 Africans from more than 50 countries. China has pledged that it would, in three years, train 200,000 technicians and provide 40,000 training opportunities in China, and will offer 30,000 government scholarships, he said. Stating that 1,100 Ethiopian candidates are invited this year to attend short-term...
(Xinhuanet 08/22/17)
African officials on Monday called for urgent infrastructural development and regional integration to boost the continent's economy. At the Infrastructure Africa 2017 in Johannesburg, Zambian Minister of Finance Felix Mutati encouraged Africans to speedily address infrastructural deficit. "We have to inject some sense of urgency in ourselves. If we remain captured by business as usual, we are headed for disaster," said Mutati at the opening ceremony of the two-day event. "Competitiveness in Africa is being constrained by infrastructure deficit. We need about 93 billion U.S. dollars every year to address the infrastructure gap in the continent. We need to urgently implement projects," he said. Mutati said Africa has to narrow focus to innovative financing and design, better use of existing...
(Bloomberg 08/21/17)
GreenWish Partners, a renewable energy company run by a former Morgan Stanley executive, is planning to invest $800 million on solar-powered telecommunications towers across Africa. The project could fuel economic growth by providing power for essential services. Sub-Saharan Africa has the lowest rates of energy access in the world and is home to about half of the world’s 1.2 billion people without reliable electricity, according to the International Energy Agency. The problem extends to businesses as well as households, cutting into productivity and growth. “We reduce the total cost of power by 30 percent,” said Charlotte Aubin-Kalaidjian, the founder and chief executive officer of GreenWish, who was formerly a managing director at Morgan Stanley Investment Management. “Smaller towers can run...
(Bloomberg 08/14/17)
The U.S. will probably maintain its current levels of aid to Africa despite President Donald Trump’s proposals to slash funding, according to Bill Gates, the world’s richest man. Trump said in May his government would no longer allocate funding for family planning, a move that has the potential to undermine aid programs in the poorest countries in the world. However, with Congress in control of the budget, it’s unlikely that all cuts proposed by the Trump administration will go ahead next year, Gates said in an interview in Dar es Salaam, Tanzania’s commercial capital. “It’s quite clear that they won’t make those drastic cuts,” Gates said. “I’m hopeful they won’t make any cuts at all, but that’s still subject to...
(AFP (eng) 08/10/17)
The skull of an infant ape buried by a volcano 13 million years ago has preserved intriguing clues about the ancestor humans shared with apes -- including a likely African origin, scientists said Wednesday. A previously-unknown creature that shared an extended family with the human forefather, had a flat face like that of our far-flung cousin the gibbon, but did not move like one, its discoverers wrote in the journal Nature. They named it Nyanzapithecus alesi after "ales" -- the word for "ancestor" in the Turkana language of Kenya, where the lemon-sized skull was unearthed. The sole specimen is that of an infant that would have grown to weigh about 11 kilogrammes (24 pounds) in adulthood. It had a brain...
(Xinhuanet 08/09/17)
The United States Trade Representative (USTR) on Wednesday affirmed the commitment of his country to Africa and saw "great potential to grow and deepen trade relationship." Robert E. Lighthizer expressed this in opening speech of the ministerial plenary as part of the 16th Forum of the Africa Growth and Opportunity Act (AGOA), on Wednesday here in Togolese capital Lome. "The United States is committed to Africa. We see great potential to grow and deepen our trade relationship, with the goal of establishing a true partnership for the future", Lighthizer said. "By lowering barriers and tackling other constraints that impede trade and investment, we are poised to see U.S.-Africa trade flourish", he said, underscoring that "much more work needs to be...
( FOROYAA Newspaper 08/08/17)
A 2.6 million Euro, equivalent to about D120 million Bio-fortification project funded by the European Union and to be implemented by United Purpose, formerly Concern Universal, has been launched on Tuesday 1 August 2017, at the Regional Education Office in Brikama, West Coast Region. According to the organisers, the Bio-fortification project is a four-year European Union funded project to reduce micro nutrition deficiencies of women and children in The Gambia through sustainable and integrated approaches to food fortification. The Organisers stated that the overall objectives of the project are to reduce under-nutrition and poverty, especially among women and children in
( FOROYAA Newspaper 08/08/17)
The police have reacted in a statement to Foroyaa's Editorial of 1 August 2017, emphasising that they are committed to the instituting of a Coroner's Inquest and that in fact the Chief Justice has appointed "Principal Magistrate Lamin George of Bundung Magistrate court as Coroner to probe into the matter so as to ascertain the circumstances leading to Lamin Krubally's death." This is good news and Foroyaa will give a full coverage to the proceedings of the Inquest. The police statement also stressed that, "The office of the IGP wants to remind the general public that the police never defy any law especially in this new democratic dispensation as insinuated by Foroyaa newspaper. The police are only following a lawful...
(Reuters (Eng) 08/08/17)
Tuesday's action at the World Athletics Championships sees two of the most intriguing races of the program as South Africa's Wayde van Niekerk bids for the first half of his 400/200 meters double and Nigel Amos goes for gold in the men's 800m. World record holder and defending champion Van Niekerk should be unbeatable in the 400m but faces a stiff challenge, not least from Botswanan duo Isaac Makwala and Thebe Baboloki. Another Botswanan, Amos, will also have to be at his best in the 800m, where a clutch of athletes are suddenly dreaming of glory in the absence of Kenya's injured champion David Rudisha. Kenya is expected to continue its dominance of the men's 3,000m steeplechase - though American...
(AFP (eng) 08/03/17)
The Gambia has revoked the diplomatic passports of ex-leader Yahya Jammeh and his associates, the foreign ministry said Thursday, as the new government pursues former regime figures it believes embezzled state funds. Jammeh plundered an estimated $50 million before leaving for exile in Equatorial Guinea in January after 22 years in power, the country's justice minister announced in May, promising a commission would trace the money. The Gambian government revoked "the diplomatic passports of members of the former regime and this includes President Yahya Jammeh, his wife Zeinab Jammeh and cabinet ministers," ministry of foreign affairs spokesman Saikou Ceesay told AFP. "The list consists of 271 people who no longer enjoy diplomatic immunities. They should have returned their passports when...
(Reuters (Eng) 08/03/17)
Former Gambian interior minister Ousman Sonko will remain in a Swiss jail for another three months after the country's attorney general (AG) broadened an investigation into whether he committed crimes against humanity. Sonko has been in pre-trial custody since January after the Geneva-based legal group Trial International filed a criminal complaint accusing him of having personally taken part in torture. The attorney general's office said it had since expanded its probe beyond the original allegations after hearing testimony from witnesses and after additional complaints were lodged against Sonko. Sonko was interior minister from 2006 to 2016, when he fled to Sweden and thence to Switzerland
(APA 08/03/17)
The Gambia government of President Adama Barrow has revoked the diplomatic passport of his predecessor Yahya Jammeh and 270 others, an online news outlet reported Wednesday. Gainako published a list of diplomatic passports issued to Gambians during ex President Jammeh’s 22-year rule which it said have been withdrawn but gave no reason. Gainako claimed that authorities around the world have been notified to reject any of the passports whether they are from Gambians or others. Aside from Jammeh, other prominent names on the published list are his son Mohammed Yahya Jammeh, a former aide Jimbe Jammeh, ex bodyguard Alhagi Martin, and former ministers Fatou Mass Jobe-Njie and Fatou Lamin Faye. Former First Lady Zenab Souma Jammeh is not on the...
(Xinhuanet 08/03/17)
Trade between China and Africa reached 85.3 billion U.S. dollars in H1, surging 19 percent year on year as the two sides strengthened cooperation in a wide range of areas, official data showed Thursday. The data reversed the negative growth trend since 2015, according to Gao Feng, spokesperson with the Ministry of Commerce. During January-June, Chinese imports from Africa, including minerals, agricultural products and fruits, amounted to 38.4 billion U.S. dollars, jumping 46 percent from the same period last year, while exports gained 3 percent to 47 billion U.S. dollars. Transport equipment has become a bright spot in China's exports to African countries, with that of ships, trains and aerospace equipment up 200 percent, 161 percent and 252 percent respectively,...
(AFP (eng) 08/02/17)
Gambian conservationists are suing a Chinese firm they say polluted a lagoon by dumping waste into the sea, their lawyer told AFP Tuesday, after a government agency settled out of court with the company. The residents of Gunjur, a Gambian village an hour south of the capital Banjul, complain that toxic waste dumped into the sea has killed fish and affected the health of their community since the Golden Lead fish meal factory opened in September 2016. "We have filed a civil suit against Golden Lead and are seeking a perpetual injunction against the factory from polluting the atmosphere," Ebrima Jaiteh, lawyer for two environmental
(Reuters (Eng) 08/02/17)
China will offer its new African ally Gambia support in infrastructure, agriculture, tourism and other areas, Chinese Foreign Minister Wang Yi told his visiting Gambian counterpart, after the nation ditched ties with self-ruled Taiwan. Gambia ended formal relations with Taiwan, claimed by China as a wayward province with no right to diplomatic ties, last year. Gambia's new government, which took over from former long-time leader Yahya Jammeh this year, has pledged to continue relations with Beijing. Wang told Ousainou Darboe at a meeting in Beijing that China was ready "to enhance cooperation with Gambia in infrastructure, agriculture, tourism and other fields", China's Foreign Ministry said late on Tuesday, without giving details. Chinese and French companies are bidding to help Gambia...

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