Monday 25 September 2017
(BBC News Africa 10/08/13)
Africa has 55 billionaires, far more than previously thought, Nigeria-based Ventures financial magazine says. They include three women - the mother of Kenya's president, a daughter of Angola's president and a Nigerian oil tycoon and fashion designer. The richest man is Nigeria's Aliko Dangote, with a fortune of $20.2bn (£12.5bn), Ventures said. The list is likely to reignite debate about inequality between rich and poor people in Africa, correspondents say. In April, the World Bank said the number of people living in extreme poverty in Africa had risen in the past three decades from 205 million to 414 million. 'Conservative estimate'. A report earlier this month by research group Afrobarometer suggested that economic growth in Africa was primarily benefiting a...
(Reuters (Eng) 10/07/13)
JOHANNESBURG | Mon Oct 7, 2013 (Reuters) - Sub-Saharan Africa's economic growth should increase to 5.3 percent next year, with strong private and public investment underpinning the region's robust performance, the World Bank said on Monday. The bank lifted its forecast for 2014 from the 5.1 percent projected earlier this year. The region was expected to grow 5.5 percent in 2015, up from a previous forecast of 5.2 percent, it said in its bi-annual 'Africa's Pulse' report. Growth for this year is forecast at 4.9 percent, higher than last year's 4.2 percent. The figure is more than double the bank's 2.3 percent estimate for global growth in 2013, underscoring the attractiveness of the continent for investors. But African countries could...
(AFP (eng) 10/07/13)
PARIS, October 7, 2013 (AFP) - Environmental campaigners WWF filed a complaint on Monday against a British oil company accused of intimidating the local population and endangering wildlife in the oldest nature reserve in Africa. The wildlife charity claims that Soco International's oil exploration activities in and around Virunga National Park in eastern Democratic Republic of Congo put "people, animals and habitats at risk" and violate international guidelines issued by the Organisation for Economic Co-operation and Development (OECD), in a complaint to that organisation. "The only way for Soco to come into compliance with the OECD guidelines is for the company to end all exploration in Virunga for good," said Lasse Gustavsson, executive director of conservation at WWF International. "We...
(AFP (eng) 10/07/13)
LAGOS, October 7, 2013 (AFP) - There are far more African billionaires than previously thought, Ventures magazine said Monday in a report on the continent's mega-rich, but the number of Africans living in extreme poverty has also shot up. Previous Africa-rich-lists named as few as 16 billionaires, but Ventures said its exhaustive research had identified at least 55 on a continent where the wealthy often fiercely protect details about their fortunes. The pan-African business magazine said it was able to uncover dozens of new billionaires by using "on-the-ground knowledge" to overcome hurdles that may have "hampered" other researchers. Of the 55, 20 are Nigerian, including several oil barons, while South Africa and Egypt boast nine and eight respectively. Ventures' supported...
(The Associated Press 10/05/13)
CAIRO (AP) — "For too long, many nations, including my own, tolerated, even excused, oppression in the Middle East in the name of stability... We must help the reformers of the Middle East as they work for freedom, and strive to build a community of peaceful, democratic nations." — President George W. Bush in a speech to the U.N. General Assembly, Sept. 21, 2004. Almost a quarter-century ago, a young American political scientist achieved global academic celebrity by suggesting that the collapse of communism had ended the discussion on how to run societies, leaving "Western liberal democracy as the final form of human government." In Egypt and around the Middle East, after a summer of violence and upheaval, the discussion,...
(Voice of America 10/04/13)
The boat accident near the Italian island of Lampedusa that resulted in what is feared to be more than 300 deaths is part of a broader problem involving African migrants who risk dangerous voyages to seek a better life. Jumbe Omari Jumbe, a spokesman for the International Organization for Migration, says there are four "gates" used by Africans who are trying to escape their homelands or the continent. Recent Maritime Accidents Involving Migrants. -October 3, 2013: Estimates of 300 people dead or missing after boat catches fires and capsizes near Italian island of Lampedusa. -September 27, 2013: At least 21 asylum seekers, mostly from the Middle East, killed after boat bound for Australia sinks off Indonesia's coast. -December 18, 2012:...
(Reuters (Eng) 10/04/13)
Oct 4 (Reuters) - Samsung Electronics is betting on a top-end refrigerator designed not to lose its cool in Africa as a way into the continent's consumer markets, where there is growing demand for prestige products which meet local needs. The refrigerator comes with a sticker saying it is "Built for Africa", meaning that while it is basically the same flagship product on sale elsewhere in the world it has been tailored to suit local conditions. The South Korean firm's strategy is simple, and increasingly followed by a number of multinational firms looking to sell in an expanding African market - lay off the cut-rate goods, launch major products in Africa at the same time as the rest of the...
( FOROYAA Newspaper 10/03/13)
Recapping a week of debate by senior Government officials on crafting a new global development agenda integrating economic growth, social inclusion and environmental protection, General Assembly President John Ashe said today it is now up to United Nations Member States to “find the common ground as a basis for moving forward with decisive action.” “In the real world in which we live, such healthy compromise is the best outcome of our joint effort. We are the ones responsible for finding such common ground,” Mr. Ashe said in his remarks at the close of the Assembly’s 2013 General Debate, for which he chose the theme, “The Post-2015 Development Agenda: Setting the Stage!” The General Debate, which opened on 24 September, provided...
(Reuters (Eng) 10/03/13)
BRUSSELS/MONTREAL | (Reuters) - European countries expressed support for an "imperfect" compromise to curb global aviation emissions on Wednesday but still face pressure to drop a key demand - to be able to apply the EU's carbon trading scheme to foreign air carriers. Delegates to the U.N.'s International Civil Aviation Organization (ICAO) are meeting in Montreal to try to hammer out a global agreement to set a path toward creating a global market-based mechanism by 2020 that would help limit growing carbon emissions in the sector. Debate at the U.N. body's triennial assembly on Wednesday focused on the most contentious aspect of a global deal - a framework to allow national or regional market-based schemes to apply to airlines before...
(Reuters (Eng) 10/03/13)
ROME | Thu Oct 3, 2013 (Reuters) - The Italian coast guard launched an operation to rescue scores African migrants on Thursday after at least three drowned when their boat sank off Sicily, officials said. A coast guard official said 60 people had been saved but more than a hundred remained in the water and the death toll was expected to rise. Those rescued came from sub-Saharan Africa, the mayor of the Sicilian island of Lampedusa said. Their boat sank off the island just four days after 13 migrants drowned when their boat foundered off eastern Sicily.
(Voice of America 10/02/13)
JOHANNESBURG — The African continent has some of the fastest growing economies in the world, but that growth is not translating into lower rates of poverty. A new survey by Afrobarometer, an independent research project that measures the social, political and economic atmosphere in Africa, shows that the majority of Africans are still deprived of the basics -- clean water, food, cooking fuel and medicine. Afrobarometer says poverty levels have barely improved in the past decade despite an average five percent growth in gross domestic product in the same period. This, according to its latest public opinion survey conducted in 34 African countries between October 2011 and June 2013. Some 76% of the more than 50,000 people surveyed reported that...
(AL Jazeera 10/02/13)
Survey says African countries have failed to reduce poverty despite economic growth experienced over the past decade. Improved economic growth over the past decade in Africa has failed to reduce poverty in a majority of countries on the continent, a new study has revealed. The Afrobarometer survey, released on Tuesday, said that despite playing host to some of the world's highest economic growth rates, many Africans still reported shortages of basic needs, including water, food, healthcare and cash. "Meeting their basic daily needs remains a major challenge for a majority of Africans, even at a time when their countries are reporting impressive economic gains," the survey found, citing data retrieved from the citizens of 16 African countries over the past...
(Voice of America 10/01/13)
LONDON — The past week's terrorist attacks in Kenya and Nigeria have renewed attention on militancy and terrorism in Africa. It's a rising trend, and a difficult one to reverse. The September 21 attack on Nairobi’s Westgate shopping mall by Somalia's al-Shabab militants was a shocking event in generally peaceful Nairobi. A week later across the continent, the midnight killing of dozens of students at a college in Nigeria was equally shocking, but less surprising. There, the government is at war with the radical Islamist sect Boko Haram. Rising militancy in Nigeria and Somalia, as well as Mali, Libya, and several other African countries, has killed thousands in terrorist attacks and civil wars. And for the most part, it is...
(Voice of America 10/01/13)
ADDIS ABABA, ETHIOPIA — Both the African Union and the U.N. Economic Commission for Africa (UNECA) have held countless meetings and conferences on increasing intra-Africa trade. Efforts so far, however, have not translated into results. How intra-Africa trade can be improved is one of the most discussed topics at the AU and UNECA. African countries do only 11 percent of their foreign trade with other countries on the continent. In comparison, Asian countries do 50 percent of their trade with each other, while European Union countries do 70 percent. UNECA Regional Integration and Trade Division Director Stephen Karingi said several conferences during the past decades were needed to find common positions. “They have had to come up with common positions...
(Voice of America 10/01/13)
WASHINGTON — The number of hungry people in the world is down slightly, but not enough to meet development goals, according to a new United Nations report. The report, written by the U.N. Food and Agriculture Organization (FAO), said one in eight people worldwide, or 842 million, suffers from chronic hunger. That figure is a decrease from last year’s estimate of 868 million, and down 17 percent from the early 1990s, but it is not low enough to reach the goal world leaders set of reducing the proportion of hungry people in developing nations by half by 2015. “This goal is close and has been reached in many countries,” said FAO statistician and study author Piero Conforti. The target for...
(UN.org 09/28/13)
As the United Nations General Assembly continues its annual high-level segment, a host of African leaders stressed today that while the continent’s progress is beyond doubt, consolidating social and economic gains requires international, regional and local approaches that better protect African livelihoods and ensure that agreed development targets can be achieved. In his address, Jakaya Mrisho Kikwete, President of Tanzania said that is vital to complete the “unfinished business” of the Millennium Development Goals (MDGs) so that Governments can make informed decisions about the shape of the post-2015 agenda. The theme of this year’s General Debate, “Setting the Stage” afforded an opportunity to closely examine the successes and gaps in MDG implementation. One crucial element going forward will be to...
(Voice of America 09/27/13)
UNITED NATIONS — World leaders meeting at the United Nations have been calling for a coordinated response to terrorist attacks in Africa following the deaths of at least 67 people in an attack by Somali militants in Kenya. The attack on Nairobi's Westgate Mall put African terrorism back into the world spotlight. U.S. President Barack Obama said he is working with African leaders to dismantle terror networks while Nigerian President Goodluck Jonathan said the fight must be united. "We maintain that terror anywhere in the world is terror on all of us. And, we call on global leaders to come together and fight terror," said Jonathan. Nigeria is currently engaged in a fight with terrorists from a group called Boko...
(Ghana Business News 09/27/13)
Mr. Kofi Annan, former UN Secretary General and Chair of the Africa Progress Panel, has challenged governments in Africa to wisely manage revenues that come from the continent’s natural resources. In managing these resource rents, he urged African “leaders to invest more upfront to relieve the pressing human needs that constrain Africa’s development.” Mr. Annan was speaking at the Graduate Institute of International and Development Studies (IHEID) on September 26, 2013 to mark the opening of the 2013-2014 academic year in Geneva. The lecture was as well to celebrate the move of the Graduate Institute to its new campus, ‘Maison de la Paix’. Speaking on the theme “Is Africa’s mining boom helping or harming its people?” Kofi Annan bemoaned the...
(Times of Zambia 09/26/13)
President Michael Sata has said Africa needs a permanent seat on the United Nations (UN) Security Council. Delivering his keynote address to the 68th session of UN Heads of State annual general debate on Tuesday night, Mr Sata said it was Zambia’s and Africa’s desire for the continent to have a permanent seat on the Security Council. He said negotiations for Africa to have permanent representation on the UN Security Council organ were long overdue and reiterated the need to conclude them as defined by the Ezulwini Consesus. Mr Sata said the efficacy of the Security Council should be manifested in its adaptation to the prevailing global realities of international peace and security and the legitimacy realised through an all-inclusive...
(Voice of America 09/26/13)
ADDIS ABABA — Experts say Africa's economy is expected to grow by 4.8 percent in 2013, and exceed five percent growth in 2014. Statistics compiled by the African Development Bank, the U.N. Development Population and the OECD Development Center indicate Libya will be the fastest growing African country, followed by Sierra Leone and Ivory Coast. The African Economic Outlook report of the African Development Bank and its partners projects that Africa’s gross domestic product -- the measure of goods and services produced -- will grow by 5.3 percent in 2014. Central and West Africa are the fastest growing regions, mainly because of their commodities. GDP Growth in AfricaGDP Growth in Africa Anthony Simpasa of the African Development Bank said the...

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