Panafrican articles | Africatime
Tuesday 21 February 2017

Panafrican articles

  • (Bloomberg Tuesday 21 February 2017)

    Ashish Thakkar, who co-founded Africa banking conglomerate Atlas Mara Ltd. with ex-Barclays Plc head Bob Diamond, lost a ruling over the ownership of family assets in a London divorce case, with a judge questioning Thakkar’s truthfulness.

    Judge Philip Moor ruled that Thakkar, and not his mother and sister, was the owner of disputed assets in the divorce. He found that the 35-year-old owned 100 percent of Mara Group Holdings Ltd. and other corporate entities.

    The result will have ramifications in the proceedings where a judge will have to decide how much Thakkar -- described...

(AFP (eng) Tuesday 21 February 2017)

The bodies of 74 migrants who drowned in the Mediterranean trying to reach Europe have washed up on a beach west of the Libyan capital, the Red Crescent said Tuesday.

Residents of the village of Harcha, outside Zawiya, 45 kilometres (30 miles) from Tripoli, alerted the emergency services...

(Xinhuanet Wednesday 15 February 2017)

Ecobank Transnational Incorporated (ETI) and African Export-Import Bank (Afreximbank) on Tuesday signed a MOU purposed to finance private sector projects and trade transactions in Africa.

A release from the ETI headquarters in the capital Lome said on Tuesday that the agreement will...

(AFP (eng) Wednesday 15 February 2017)

Sub-Saharan Africa, where more than a half billion people live without electricity, trails the world in government policies that promote sustainable energy, according to a new World Bank report Wednesday.

Much of the rest of the world, however, has made strides toward making energy...

(Voice of America Tuesday 14 February 2017)

U.S. President Donald Trump made his first phone calls to African heads of state Monday, speaking with Nigerian President Muhammadu Buhari and South African President Jacob Zuma.

Nigeria and South Africa said the calls were made at the request of the U.S. president, who until now has said...

(Agence Ecofin Friday 10 February 2017)

In 2016, African private companies were the second largest source of financing for infrastructure construction. This was revealed by a report recently published by audit firm Deloitte.

The firms according to Deloitte provided 14% of funds needed for the projects, behind African...

(AFP (eng) Friday 10 February 2017)

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.

...
(Standard Digital Thursday 09 February 2017)

Hundreds of business and political personalities yesterday attended a German-African economic summit in Nairobi, where German Minister for Economic Cooperation and Development Gerd Mueller talked about his “Marshall Plan” for Africa. The plan is “with Africa, not for Africa,” Mueller (pictured)...

(AL Jazeera Wednesday 08 February 2017)

The EU must espouse a transnational approach with a clear development agenda that replaces its current security policy.

One year ago, 22-year-old Patrick left Douala, the largest city in Cameroon, to become a football star in Europe.

A talented midfielder and an ambitious young man...

(Bloomberg Monday 06 February 2017)

Prem Watsa’s Fairfax Financial Holdings Ltd. is expected to raise about $500 million for its new African investment fund, attracting less than its original goal as investor interest in the region proved weaker than anticipated, according to people familiar with the matter.

The Toronto-...

(Xinhuanet Friday 03 February 2017)

T20 Africa Conference, the meeting for the G20 think tanks and African countries, ended on Friday in Johannesburg with a commitment to accelerate cooperation between the G20 and Africa.

The three-day conference aimed to chart a course for the future cooperation between Africa and the G20...

(Xinhuanet Thursday 02 February 2017)

African representatives attending the ongoing T20 Africa conference in Johannesburg on Wednesday called on the G20 to allow them to present their own problems rather than having them put forward by others.

The meeting was organized by South African Institute of International Affairs,...

(Reuters (Eng) Thursday 02 February 2017)

African leaders have backed a "strategy of collective withdrawal" from the International Criminal Court (ICC), but it came with unspecified reservations, an African Union official said on Wednesday after this week's African Union summit.

The official did not give details about the...

(Xinhuanet Wednesday 01 February 2017)

Newly elected senior officials of the African Union (AU) Commission, including Chairperson and Deputy Chairperson of the AU Commission, were sworn in on Tuesday at the conclusion of the 28th AU summit in Ethiopia's capital Addis Ababa.

In addition to the two top officials, other officials...

(Xinhuanet Monday 30 January 2017)

The newly appointed United Nations Secretary-General Antonio Guterres on Monday expressed keen interest to work with the African Union (AU) and its member states.

"The African Union is working for unity, peace and progress for all people in every corner of this great continent," he told...

(Xinhuanet Saturday 28 January 2017)

The African Union (AU) has embarked on harmonizing regulations for the electricity market in Africa, a senior AU official has said.

AU's Commissioner for Infrastructure and Energy Elham Ibrahim said on Friday that the continental body has developed a strategy and action plans that will be...

(Xinhuanet Saturday 28 January 2017)

The African Union (AU) has been endeavoring to ensure robust, resilient and long-lasting economic transformation of Africa through promotion of infrastructure and energy development on the continent, noted Elham Mahmood Ibrahim, AU Commissioner for Infrastructure and Energy.

Speaking at a...

(Bloomberg Friday 27 January 2017)

Barclays Africa Group Ltd. was targeted by protesters who entered one of its branches on Thursday and demanded the bank pay back money from a bailout provided to a company it bought before the end of apartheid.

Demonstrators linked to the youth league of South Africa’s ruling African...

(Xinhuanet Thursday 26 January 2017)

Foreign Ministers of the African Union (AU) member states met Wednesday at the AU headquarters in Ethiopia's capital Addis Ababa for the 30th ordinary session of the AU Executive Council held under the framework of the 28th AU summit.

Nkosazana Dlamini-Zuma, Chairperson of the AU...

(Xinhuanet Thursday 26 January 2017)

Adopting African Continental Free Trade Area (CFTA) has been named a major task for the African Union (AU) this year as the 30th session of its Executive Council opened on Wednesday.

In her remarks at the opening of the meeting, Nkosazana Dlamini-Zuma, Chairperson of the AU Commission,...

(Bloomberg Wednesday 25 January 2017)

Taiwan’s last two African allies have no plans to switch allegiances and break ties with Taipei as Beijing tries to woo the self-ruled island’s diplomatic partners.

Burkina Faso won’t cut relations with Taiwan despite people and companies with links to China offering funding in return for...

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