Monday 21 August 2017

Panafrican articles

  • (AFP (eng) Monday 21 August 2017)

    Angolan President Jose Eduardo Dos Santos, in power since 1979, will not contest Wednesday's general election, meaning he will soon lose his place as Africa's second longest-serving leader.

    The continent is home to many men who have held office for two decades or more, and Dos Santos has up to now trailed Teodoro Obiang Nguema of Equatorial Guinea by just a month.

    Here is a rundown:

    - More than 30 years -

    - In tiny, oil-rich Equatorial Guinea, Obiang is Africa's longest-serving leader, at 38 years.

    Obiang came to power in a coup on August 3, 1979, ousting...

(Bloomberg Monday 21 August 2017)

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...

(Xinhuanet Monday 21 August 2017)

The African Union (AU) has condemned the attack that has claimed lives and caused injuries in Barcelona, Spain.
The Chairperson of the AU Commission, Moussa Faki Mahamat, has strongly condemned the terrorist attack carried out in Barcelona's Las Ramblas area, in which thirteen lives were...

(The Guardian Monday 14 August 2017)

Fears carcasses sent from Belgium may have contained fipronil, which has been found in contaminated eggs across EU.

Samples from the carcasses of egg-laying hens are being tested for fipronil over fears that meat sent to Africa from Belgium may have been contaminated with the banned...

(Bloomberg Monday 14 August 2017)

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...

(Xinhuanet Thursday 10 August 2017)

Good corporate governance should serve as an impetus to accelerate Africa's development, experts said Wednesday.
The 11th African Corporate Governance Network (ACGN) meeting is underway in Ethiopia's capital Addis Ababa from August 9 to 11 under the theme "Ethics in Business and Good...

(Reuters (Eng) Thursday 10 August 2017)

A British explorer for mineral resources in Africa will on Thursday become the first venture of its kind to be listed on London's AIM market for growing companies, its CEO said.

Following the recovery of the mining sector from a commodity price crash in 2015-16, a handful of new companies...

(AFP (eng) Thursday 10 August 2017)

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...

(Agence Ecofin Wednesday 09 August 2017)

Five Africans are listed in Forbes’ Top 10 Black Billionaires list, with Aliko Dangote crowing the ranking.

With a wealth valued at $12.2 billion, the Nigerian Tycoon remains the world’s richest black person. Next is his fellow countryman Mike Adenuga who holds the third position in the...

(Xinhuanet Wednesday 09 August 2017)

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...

(AFP (eng) Wednesday 09 August 2017)

US President Donald Trump barely mentioned Africa or trade with the continent during his whirlwind campaign and has been mostly silent about the region since taking office.

But the annual African Growth and Opportunity Act (AGOA) forum being held in the Togolese capital Lome this week...

(Reuters (Eng) Tuesday 08 August 2017)

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...

(Xinhuanet Thursday 03 August 2017)

The new Executive Secretary of the United Nations Economic Commission for Africa (ECA), Vera Songwe, officially took office Thursday, the Commission said.
Songwe, who arrived in Ethiopia's capital Addis Ababa Wednesday night, was appointed earlier this year by the UN Secretary General,...

(Xinhuanet Thursday 03 August 2017)

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,...

(Bloomberg Wednesday 02 August 2017)

Julien Ochala can’t live without his morning cup of Joe.

But not just any coffee will do. For the past five years, the 37-year-old physiology lecturer at King’s College London has visited the same store every week to grab a pack of his beloved Kenyan brew. And he’s not put off by the cost...

(Bloomberg Tuesday 01 August 2017)

British American Tobacco Plc faces a formal probe by the U.K.’s Serious Fraud Office following reports that the maker of Dunhill cigarettes bribed African government officials to influence tobacco legislation.

BAT said Tuesday it is running its own investigations, via external legal...

(Reuters (Eng) Friday 28 July 2017)

Alphabet Inc's Google aims to train 10 million people in Africa in online skills over the next five years in an effort to make them more employable, its chief executive said on Thursday.

The U.S. technology giant also hopes to train 100,000 software developers in Nigeria, Kenya and South...

(Reuters (Eng) Friday 28 July 2017)

Barclays reported a 1.2 billion pound ($1.57 billion)attributable first half loss on Friday after taking a 2.5 billion pound hit from the sale of its Africa business and calling an end to its restructuring.

The British bank said it had made a 1.4 billion pound loss on the sale of 33...

(Xinhuanet Thursday 27 July 2017)

The UN Economic Commission for Africa (UNECA) says it will continue to play its role to promote the economic and social development of its member states.
To this end, the UNECA says, efforts will be made through training and different programs that equip member states with knowledge and...

(AfricaNews Thursday 27 July 2017)

At a time when Africa is going through a difficult situation, the blue economy is emerging as a stepping stone to relaunch the continent in the right economic direction.

But this type of economy is seriously threatened by “predators” who do not hesitate to plunder resources.

The “...

(Agence Ecofin Tuesday 25 July 2017)

Jack Ma, founder and executive chairman of e-commerce platform Alibaba, rival of US’ Amazon, announced on July 23, he is launching a $10 million fund for young African entrepreneurs. “I want that fund supporting African online businesses,” said the billionaire who is also advisor to the United...