| Africatime
Tuesday 28 June 2016
(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 and lower economic growth in commodity exporting economies such as Angola, Zambia and Nigeria have hurt business, said Chief Executive Bob van Dijk. "The currency decline has been massive and that really hurts us because...
(Voice of America 06/27/16)
U.S. first lady Michelle Obama is scheduled leave Sunday for Africa and Europe to advocate for girls' education. The six-day trip – to Liberia and Morocco, with a final stop in Spain – will highlight Let Girls Learn, one of Obama's core initiatives. The first lady will be joined in her travels by daughters Sasha and Malia, and the girls’ grandmother, Marian Robinson. Let Girls Learn is a global initiative launched by the president and first lady in 2015. The program addresses obstacles – such as forced marriage, poverty and violence – that keep more than 62 million girls globally out of school. “We believe very strongly that education and the empowerment of young people is going to be critical...
(Xinhuanet 06/25/16)
The International Committee of the Red Cross (ICRC) is keen to further strengthen its relation with China for partnership on humanitarian operation in Africa, said an ICRC official. Jacques Pellet, Special Envoy of the ICRC President on China Affairs, told Xinhua in an interview in Ethiopia's capital Addis Ababa Friday that ICRC wants to engage China more on its activities related to humanitarian assistance in Africa, where ICRC spends one-third of its budget. The Special Envoy said his visit to...
(Xinhuanet 06/24/16)
CONAKRY, June 24 (Xinhua) -- The portfolio of projects funded by the World Bank is in the process of being reviewed in the Guinean capital, Conakry, to facilitate disbursement of more funds to the country. Officials from various Guinean ministries, including planing, economy, public health and agriculture ministries, have been meeting World Bank officials since Wednesday to examine projects funded by the financial institution in the country. Guinea which has been a member of the World Bank since 1963, has benefited from funding from the Bank in various sectors, especially the mining industry as well as socioeconomic sectors such as education, health, environment and economic governance.
(Bloomberg 06/24/16)
Currencies, stocks and bonds across Africa plunged after the U.K.’s vote to leave the European Union triggered a slump in oil and other commodities and sent investors scurrying for safe assets. South Africa’s benchmark stock index fell the most since January, led by shares of banks and diversified mining companies. The rand dropped to a record against the yen and by the most since 2008 against the dollar before paring the decline, while yields on dollar bonds from Ghana to...
(AFP (eng) 06/22/16)
Mobile phones and rising connectivity in Africa will give rise to a new market in mobile financial services, creating explosive opportunities for business on the continent, research has found. The Boston Consulting Group (BCG) estimated that in three years, 250 million Africans without access to traditional banking services "will have mobile phones and a monthly income of at least $500". That could translate to projected revenues of $1.5 billion (1.3 billion euros) from mobile financial services, the group said in...
(BBC News Africa 06/22/16)
Last year, more people fled to Europe from Eritrea than any other African nation. The government in Asmara has recently been accused of crimes against humanity, but when Mary Harper was given rare access to the country she was surprised by what she found. I push back the thick, deep red velvet curtains and find myself in complete darkness. Drops of rain come through the ceiling, and hit the floor - hard. Someone turns on a switch. A dim, flickering...
(The Associated Press 06/21/16)
Experts in Malawi will move 500 elephants 185 miles across the country to a sanctuary that will act as a ‘reservoir’. Wildlife experts in Malawi will next month start moving up to 500 elephants to a sanctuary that they hope could eventually serve as a reservoir to restore some elephant populations in other parts of Africa where the threatened species has been heavily poached. The massive relocation, slated for completion next year, will involve darting the elephants from a helicopter,...
(AFP (eng) 06/20/16)
A "Miss and Mister Albino" contest, heavy sentences for ritual murder and concrete graves to ward off tomb raiders were all discussed at a UN summit on albinism concluding in Tanzania on Monday. During the four-day meeting people with albinism and advocates for their rights discussed ways to safeguard and improve the lives of those who suffer discrimination, health problems and even murder as a result of the condition that leaves their skin without pigment. It is a particular problem...
(AFP (eng) 06/18/16)
Seventeen people were injured, including five with bullet wounds, during clashes Friday in northern Guinea between security forces and people demonstrating over the beating of a truck driver by soldiers, police and hospital sources and witnesses said. "At least 17 people were injured" during the violence in the northern city of Mali, a police officer told AFP. Of those injured, five were shot, including two hit in the "shoulders, two others in the thigh and a fifth in the buttocks",...
(Voice of America 06/18/16)
One hundred and fifty South African schoolgirls have started in a project to design and build Africa’s first private satellite. The satellite will be launched into space later this year as part of a program sponsored by The Meta Economic Development Organization (MEDO) to motivate more teenage girls in African countries to study and work in Science, Technology, Engineering and Mathematics field, widely known by the acronym STEM. The girls kicked off the project Thursday and are tasked with designing...
(The Associated Press 06/17/16)
Once again, there is no winner this year of a $5 million award for African leadership. The Mo Ibrahim Foundation announced Thursday that no former African leader had met the "very high bar'' for one of the world's richest prizes. The Ibrahim Prize has been awarded just four times in the decade since it was established. Candidates are African heads of state or government who have left office in the past three years, been democratically elected and served their constitutionally...
(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...
(Xinhuanet 06/15/16)
The African Union (AU) is prepared to launch the electronic passport (e-Passport) at the next AU Summit due to take place in July this year in Kigali, Rwanda. The first group of beneficiaries will include: AU Heads of State and Government; Ministers of Foreign Affairs; and the Permanent Representatives of AU Member States based at the AU Headquarters in Addis Ababa, according to an AU statement Tuesday. The AU e-Passports will be issued to them in July at the 27th...
(Xinhuanet 06/14/16)
Guinea is committed to increasing the country's protected zones to 25 percent of national territory by 2020 to preserve the ecosystem, head of the country's environment department Christine Sagno said Monday. According to Sagno, 15 percent of the protected zone will be on land while 10 percent will be marine protected zone. She was speaking during a ceremony to unveil a national park in Moyen-Bafing region. The national park is an initiative of the environment department and the Wild Chimpanzee...
(Vanguard 06/14/16)
Stakeholders at the World Economy Forum on Africa, recently held in Kigali, Rwanda, have identified inadequate financing, policy inconsitency and bureaucratic bottlenecks as some of the major problems confronting power supply in Africa. . Speaking on the sidelines of Africa’s power sector, which was a major discuss, Vice Chairman, General Electric, GE, John Rice, said that there were some well-intentioned initiatives geared towards meeting the energy gaps, but challenges related to financing, bureaucracy, traditional risk analysis, and decision-making based on...
(Cnbc Africa 06/13/16)
Social entrepreneurs are starting businesses in all the major regions of the world, with the most social entrepreneurship activity being undertaken in the US, Australia, Western Europe, and Africa reports the Global Entrepreneurship Monitor (GEM)’s Special Report on Social Entrepreneurship. The report, released last week, is the largest comparative study of social entrepreneurship in the world, based on interviews with 167,793 adults in 58 economies in 2015. “Social entrepreneurship – which GEM defines broadly as any kind of activity, organisation...
(Voice of America 06/11/16)
Ebola virus hotspots are more widespread across Africa and are carried by a greater number of animal species than previously suspected, according to a recent study published in the science journal Mammal Review. The study was led by scientists from the Center for International Forestry Research, also known as CIFOR, and other international universities. The report challenges the notion that the Ebola virus is mainly carried by three species of fruit bats. It found numerous potential animal carriers including rodents,...
(Times Live 06/11/16)
The United Nations Sustainable Development Goal of ensuring access to clean water and sanitation for all by 2030 is an ambitious target for Africa. According to new research by non-partisan research network Afrobarometer, nearly half of Africans don’t have access to clean water and two-thirds lack access to sewage infrastructure. Improvements in both of these areas have been made in the past decade, but huge numbers of Africans still live without these basic necessities. The lack of access to water...
(APA 06/10/16)
The Guinean government is working to implement its plan to set up a national airline that will display the resurrection of former Air Guinea, later by next December, official sources told APA on Friday. This project will be funded with support from the cooperation in the aviation field with Rwanda. Moreover, MPs have already examined, earlier this June, the agreement on air services between Guinea and Rwanda. That was an opportunity taken by the minister of state in charge of...

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