Mauritanie | Africatime
Thursday 23 October 2014

Mauritanie

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(Ventures-Africa 10/22/14)
VENTURES AFRICA – The International Monetary Fund (IMF) has warned African countries that rushing to issue Eurobonds could raise debt levels and undermine growth as they may face exchange rate risks and problems repaying debts. Several African countries, especially those once burdened with debts, have issued Eurobonds to raise money for capital projects. Reuters News Agency quotes the director of IMF’s African Department, Antoinette Sayeh, as saying, in an interview on Monday, that such Eurobonds come with risks. “Whereas what it costs the countries to issue these bonds can often look lower than what they would pay on domestic borrowing,” Sayeh explains, “the real cost in the final analysis will also depend on the evolution...
(Bloomberg 10/21/14)
Ebola’s economic effects in Africa are proving hard to quarantine even in the 49 of 54 countries that are untouched by the virus. Corporate events are being canceled, international investors are declining to visit and multinationals are on high alert. The International Monetary Fund yesterday cut its forecast for economic growth in sub-Saharan Africa this year to 5 percent from 5.5 percent, due in part to “economic spillovers starting to materialize” from the outbreak. The ripple effects present a fresh challenge to Africa’s economic progress, which is heavily dependent on foreign investment and vulnerable to even slight shocks. Business and...
(Ventures-Africa 10/20/14)
VENTURES AFRICA – The race to build hotels in Africa has never been bigger than it is today. Global hotel chain Marriot International’s recent announcement of a $1.5 billion Africa expansion plan stirred the market and a recent hotel conference on Africa. The capital investment will be used to build nine hotels, amounting to a 1,300 additional rooms, by 2015 and 30 additional hotels by 2020, adding another 5,550 rooms to the continent’s hotel room count. Marriot International’s construction plan...
(Cnbc Africa 10/17/14)
Africa’s vast amounts unexplored resources make it every investors dream, however, the continents real success lies in advancing women. Earlier this month the world celebrated The United Nations’ International Day of Rural Women, a day that recognises the vital role rural women play in improving agriculture and rural development. “When we give rural women access to productive agricultural and natural resources, we empower them. They, in turn, can contribute more to alleviating hunger and boosting the ability of their communities...
(AFP (eng) 10/16/14)
Despite sparse resources and limited institutional support, the world will soon wake up to Africa's ingenious new artists, according to some of the continent's leading exponents taking part in London's Contemporary African Art Fair. The four-day event -- the largest such fair outside Africa -- opens on Thursday and showcases the work of over 120 artists in the grand setting of Somerset House in the heart of the British capital in a bid to reach a global market. Some 27...
(Ventures-Africa 10/15/14)
VENTURES AFRICA – The Executive Secretary of the United Nation’s Economic Commission for Africa, Carlos Lopes has called on the international financial community to provide Africa with more investments than aid, as it is obvious that the latter cannot help the emerging continent achieve its desired growth and development. Carlos was, on Monday, speaking at the opening of the Ninth African Development Forum holding in Marrakech, Morocco themed “Innovative financing for Africa’s transformation” with the aim of deriving measures to...
(Ventures-Africa 10/14/14)
VENTURES AFRICA – Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released last week, by IHS, a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. “Cote d’Ivoire intends on spending $4 billion on agriculture development in order to improve crop yields and, in four years,...
(Ventures-Africa 10/13/14)
VENTURES AFRICA – Compared to other regions of the world, sub-Saharan Africa has the highest number of female entrepreneurs. These women are mostly owners of small businesses and local community shops serving the unmet needs of their homes and consumers. This not only reshapes the incorrect perception that African women have marginal input in overall economic output, but a socio-economic conscious business environment that includes full support of women entrepreneurs could potentially bring millions out of poverty and reduce an...
(Business Day 10/11/14)
Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released Wednesday, by IHS Inc., a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. Across sub-Saharan Africa, the development of the agriculture sector is viewed by many countries as a way to: Diversify their economies away from...
(Bloomberg 10/10/14)
West African countries are almost powerless to prevent illegal fishing that is depleting stocks and robbing states of revenue, according to a fisheries expert who is visiting the region. “In most West African countries, surveillance and monitoring is almost zero, most African countries don’t even have a single vessel, or even a small craft,” Professor Daniel Pauly, a fisheries specialist from University of British Columbia, said by phone from the Namibian town of Swakopmund. An inability to enforce quotas results...
(Ventures-Africa 10/10/14)
VENTURES AFRICA – Lusaka Stock Exchange listed power distribution company, Copperbelt Energy Corporation (CEC) is to invest over $18 million in upgrading its network in a bid to boost Zambia and DR Congo energy sector. “CEC owns the inter-connection between Zambia and DRC. We are building a duo circuit transmission line which will see the capacity of our inter-connector extended from 250 megawatts to 550 megawatts,” said CEC managing director Owen Silavwe. CEC operates and maintain a network comprising transmission, distribution and generation assets. The assets comprise an emergency power generation capacity of 80MW, transmission and distribution network of around 1,000 km of overhead power lines
(Reuters (Eng) 10/09/14)
Former France international midfielder Corentin Martins has been named as the new coach of Mauritania but no details of the 45-year-old's contract were given by the country's football federation in a statement confirming the appointment on Tuesday. Martins, who has limited coaching experience with lower-league Quimper and Stade Brest in the French league, replaces compatriot Patrice Neveu, who was fired after Mauritania were eliminated from African Nations Cup qualifiers in August. (Reporting by Mark Gleeson in Cape Town; Editing by...
(AFP (eng) 10/08/14)
The deadly Ebola epidemic could deal a $32 billion-plus blow to the West African economy over the next year if officials cannot get it under control, the World Bank warned Wednesday. If efforts to halt its spread out of a three-country core -- Liberia, Sierra Leone and Guinea -- are not successful by December, the entire region faces a real threat of economic catastrophe, the Bank said in a new report. "In broader regional terms, the economic impacts could be...
(Reuters (Eng) 10/08/14)
(Reuters) - Standard Chartered (STAN.L) plans to hire at least 1,000 more staff in Africa in the next couple of years, an increase of more than 10 percent, even as its expansion elsewhere has slowed. Diana Layfield, Standard Chartered's chief executive for Africa, declined to specify where the extra staff would go, but picked out Nigeria, Kenya and Ghana as three of the most attractive markets. "Nigeria has to be close to the top of everybody's list (for expansion) .....
(Xinhuanet 10/07/14)
PARIS, Oct. (Xinhua) -- Paris-based Organization for Economic Cooperation and Development (OECD) on Monday hold the 14th session of Africa forum with a major focus on ways to make accelerating growth in African countries more robust and sustainable. Themed "By Africa, for Africa? Industrialisation and Integration for Inclusive Growth," participants would dig for adequate measures to help "African firms harness regional and global value chains to create new jobs," and implement "innovative territorial policies to promote balanced regional development and...
(Business Week 10/06/14)
Africa is ripe for investment, a fact that is being acted upon by Abu Dhabi companies with increasing regularity. Etihad Airways just announced that it would expand its African presence with the launch of a daily service to Dar es Salaam, Tanzania. Earlier this month, Trojan General Contracting, part of the Royal Group owned by Sheikh Tahnoon bin Zayed Al Nahyan, is participating in a $16 billion programme to build roads and railways across West Africa. These companies are not...
(PANA 10/06/14)
The Ebola spread to the US has created fears that US aviation authorities could slap travel restrictions, which would signal a major crisis for African airlines struggling to make profits, analysts warned in a report on Thursday. DaMina Advisors, an African political risk advisory service firm, warned that with the first US confirmed case of Ebola diagnosed in Texas and growing public pressure on the Obama administration to restrict US airline travel to West Africa, the financial viability of a number of already struggling domestic African airline carriers may be under threat.
(PANA 10/06/14)
African football governors must seriously address organisation and administration aspects of football management for the continent to move higher up in global football, Cameroon coach Volker Finke has said. 'If we want to move forward we must professionalise everything around the team,' Finke said at the just-concluded two-day conference in Cairo, Egypt, that reviewed Africa's performance at the 2014 FIFA World Cup in Brazil. The conference, which brought together African coaches and technical directors, was organised by FIFA and CAF,...
(Voice of America 10/03/14)
PARIS— France is setting up a base in northern Niger as part of an operation aimed at stopping al-Qaida-linked militants from crisscrossing the Sahel-Sahara region between southern Libya and Mauritania, officials said. Paris, which has led efforts to push back Islamists in the region since intervening in its former colony Mali last year, redeployed troops across West Africa earlier this year to form a counter-terrorism force.
(The New Times 10/03/14)
African governments have been reminded that as they celebrate the gains and achievements made in information and communications technology (ICT) and Internet penetration, they should bear in mind the challenges stalking further development of the two. Dr Hamadoun Toure, the secretarygeneral of International Telecommunication Union (ITU), said the key challenges include affordability of broadband and the new cyber security threats that users are now exposed to as a result of the connections made. Dr Toure was yesterday speaking at the launch of the second annual Smart Rwanda Days in Kigali.

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(Xinhuanet 10/07/14)
PARIS, Oct. (Xinhua) -- Paris-based Organization for Economic Cooperation and Development (OECD) on Monday hold the 14th session of Africa forum with a major focus on ways to make accelerating growth in African countries more robust and sustainable. Themed "By Africa, for Africa? Industrialisation and Integration for Inclusive Growth," participants would dig for adequate measures to help "African firms harness regional and global value chains to create new jobs," and implement "innovative territorial policies to promote balanced regional development and make the most of emerging rural and urban dynamics." The OECD will launch the Development Centre's Africa Action Plan which "builds on the Centre's partnerships and activities with member countries and institutions in Africa." The...
(PANA 10/06/14)
The Ebola spread to the US has created fears that US aviation authorities could slap travel restrictions, which would signal a major crisis for African airlines struggling to make profits, analysts warned in a report on Thursday. DaMina Advisors, an African political risk advisory service firm, warned that with the first US confirmed case of Ebola diagnosed in Texas and growing public pressure on the Obama administration to restrict US airline travel to West Africa, the financial viability of a number of already struggling domestic African airline carriers may be under threat.
(PANA 10/06/14)
African football governors must seriously address organisation and administration aspects of football management for the continent to move higher up in global football, Cameroon coach Volker Finke has said. 'If we want to move forward we must professionalise everything around the team,' Finke said at the just-concluded two-day conference in Cairo, Egypt, that reviewed Africa's performance at the 2014 FIFA World Cup in Brazil. The conference, which brought together African coaches and technical directors, was organised by FIFA and CAF,...
(Voice of America 10/03/14)
PARIS— France is setting up a base in northern Niger as part of an operation aimed at stopping al-Qaida-linked militants from crisscrossing the Sahel-Sahara region between southern Libya and Mauritania, officials said. Paris, which has led efforts to push back Islamists in the region since intervening in its former colony Mali last year, redeployed troops across West Africa earlier this year to form a counter-terrorism force.
(The New Times 10/03/14)
African governments have been reminded that as they celebrate the gains and achievements made in information and communications technology (ICT) and Internet penetration, they should bear in mind the challenges stalking further development of the two. Dr Hamadoun Toure, the secretarygeneral of International Telecommunication Union (ITU), said the key challenges include affordability of broadband and the new cyber security threats that users are now exposed to as a result of the connections made. Dr Toure was yesterday speaking at the launch of the second annual Smart Rwanda Days in Kigali.
(Voice of America 09/30/14)
Johannesburg — The Mo Ibrahim Foundation has released its annual index of governance in Africa. The report shows continued small improvement continent-wide, although performance varied greatly from country to country. This year's annual Mo Ibrahim African Governance Index came as something of an anticlimax: many of the 52 nations maintained their spots from last year, with tiny Mauritius at the top and volatile Somalia at the bottom. The charitable foundation said it has moved back the date for awarding the...
(BBC News Africa 09/27/14)
The death toll from the Ebola outbreak in West Africa has passed 3,000, the World Health Organization (WHO) says. The latest figures indicate that more than 6,500 people are believed to have been infected in the region. Liberia is the worst affected country, having recorded around 1,830 deaths linked to the latest outbreak. The outbreak is the world's most deadly - US President Barack Obama has called it a "threat to global security". Some studies have warned that the numbers of infected could rise to more than 20,000 by early November.
(PANA 09/27/14)
The African Union (AU) has pledged to push for the implementation of policies to stop international companies operating in lucrative economic sectors in Africa, where violation of human rights is rampant, to respect the laws safeguarding workers rights. AU Commissioner for Political Affairs Aisha Abdullahi said policies would be in place across Africa to ensure all firms abide by common code of conduct that guarantees the protection of workers’ rights. “All too often, human rights concerns have fallen by the...
(Xinhuanet 09/27/14)
HAVANA, Sept. (Xinhua) -- Cuba will send a total of 461 doctors and nurses to West Africa to help fight the Ebola epidemic, local media reported Friday. The first batch of 165 healthcare workers will arrive in Sierra Leone in early October, including 62 doctors and 103 nurses. The second batch of 296 doctors and nurses will head to Liberia and Guinea, the official news agency Prensa Latina reported. UN Secretary-General Ban Ki-moon on Sunday thanked Cuba for its medical...
(Xinhuanet 09/26/14)
NOUAKCHOTT, Sept. (Xinhua) -- China and Mauritania on Wednesday signed an agreement aiming at reinforcing cooperation between the two countries in the health sector, an official source has said. The agreement signed in Nouakchott between Mauritania's Health Minister Ahmed Ould Hademine Ould Jelvoune and China's ambassador to Mauritania Wu Dong, which will particularly address the issue of Chinese health missions sent to Mauritania. The missions will help in training of Mauritanian health workers in Nouakchott and Salibaby in the southeast...
(Xinhuanet 09/26/14)
UNITED NATIONS, Sept. (Xinhua) -- Mauritania on Wednesday called on the world to work harder to provide vaccines to fight and prevent the outbreak of Ebola virus in West Africa, saying that "The sudden outbreak of Ebola virus in West Africa constitutes a major challenge." Mohamed Ould Abduel Aziz, president of Mauritania, made the statement as he was taking the floor at the General Debate of the UN General Assembly, the annual high-level UN debate which opened here earlier Wednesday...
(Voice of America 09/26/14)
Regional health ministers from the Economic Community of West African States [ECOWAS] will evaluate the implementation of strategic plans aimed at combating Ebola at a meeting in Ghana’s capital, Accra, this weekend, according to Haruna Warkani, acting ECOWAS communications director. He said the regional group is working closely with member countries battling the disease including Guinea, Liberia, Sierra Leone, and Nigeria, as well as its international health partners. Warkani said the regional health ministers, who recently met in Accra, outlined strategic plans to contain and subsequently eradicate the disease.
(Xinhuanet 09/26/14)
WASHINGTON, Sept. (Xinhua) -- The World Bank Group said on Thursday that it will increase its funding support to the three worst Ebola-affected West African countries - Guinea, Liberia, and Sierra Leone - to help them address the emergency and build stronger health systems for the years ahead. The global institution will increase its financing to these countries by 170 million U.S. dollars. Together with its previously pledged 230 million dollars, the World Band will provide a total of 400...
(PANA 09/25/14)
A new initiative announced Tuesday at the UN Climate Summit in New York is expected to reduce dependency on fossil fuels in eastern and southern Africa at a time when regional demand for electricity is estimated to at least double over the next quarter century, a document circulated at the summit stated. Also, a second initiative, coordinated by the International Renewable Energy Agency (IRENA), aims to deliver a cleaner energy mix for up to 4.7 million people on the frontlines of climate change in so-called small island developing States. The document signed by UN Secretary-General Ban Ki-moon said:
(Reuters (Eng) 09/24/14)
New Delhi — An event aimed at promoting trade and investment between India and Africa has been postponed due to concerns over the deadly Ebola outbreak, India's foreign affairs ministry said on Wednesday. The worst Ebola outbreak on record has killed more than 2,800 people in West Africa. The U.S. Centers for Disease Control and Prevention warned that between 550,000 and 1.4 million might be infected in the region by January. The India-Africa Forum Summit (IAFS) was due to take...
(Reuters (Eng) 09/23/14)
JERUSALEM (Reuters) - Israel's high court on Monday outlawed a detention center where African migrants are held without trial and ordered some 2,000 inmates there released over the next three months. The ruling struck down a measure passed by Israel's parliament in December to indefinitely incarcerate migrants, most of them from Sudan and Eritrea, in a measure criticized by human rights groups as an attempt to force migrants to leave. Israeli leaders have denounced the migrants they refer to as...
(Xinhuanet 09/22/14)
UNITED NATIONS, Sept. (Xinhua) -- UN Secretary-General Ban Ki-moon on Sunday met with Nkosazana Dlamini-Zuma, chairperson of the African Union Commission, and the two leaders vowed to enhance cooperation in peace and security. During the meeting, the two leaders "discussed the strategic partnership between the United Nations and the African Union and ways to continue to enhance such cooperation in the area of peace and security," Ban's spokesman told reporters here. They also reviewed challenges to peace and security in Africa, including the situation in Libya, Mali/Sahel, Somalia, South Sudan and the Great Lakes Region, said the spokesman.
(PANA 09/20/14)
Abidjan, Cote d’Ivoire - Trading at the West African regional stock exchange, BRVM, ended Wednesday on the rise with the BRVM Index 10 inching up from 271.80 to 273.27 points, representing a rise of 0.54%. Also, the Composite BRVM Index gained 0.60% to 256.30 points against 254.77 points recorded previously. The transaction value was set at 849.08 million CFA francs against 353.67 million CFA francs recorded last Tuesday. Market capitalisation of shares added up to 6.222 billion CFA francs while...
(Voice of America 09/19/14)
ADDIS ABABA— African children are facing disproportionately high levels of violence, according to a new report by the African Child Policy Forum. The study calls for more coordinated action to prevent violence against children. The new report, released Thursday, said African children are subjected to extremely high levels of emotional, physical and sexual abuse, and current laws and policies have not been able to tackle this issue. African Child Policy Forum Executive Director Theophane Nikyema said a coordinated response is needed. “There has not been much focus on the prevention side when it comes to child protection
(KBC 09/19/14)
President Uhuru Kenyatta has urged African countries to work together in finding solutions to challenges facing the continent. He said African countries must pool their resources together – no matter how scarce they are – into joint efforts that will improve the continent. “We can cry that the world is not helping us but we must first of all realize that nobody has an obligation to help us. The only people that have an obligation to help are ourselves. And...

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(Ventures-Africa 10/22/14)
VENTURES AFRICA – The International Monetary Fund (IMF) has warned African countries that rushing to issue Eurobonds could raise debt levels and undermine growth as they may face exchange rate risks and problems repaying debts. Several African countries, especially those once burdened with debts, have issued Eurobonds to raise money for capital projects. Reuters News Agency quotes the director of IMF’s African Department, Antoinette Sayeh, as saying, in an interview on Monday, that such Eurobonds come with risks. “Whereas what it costs the countries to issue these bonds can often look lower than what they would pay on domestic borrowing,” Sayeh explains, “the real cost in the final analysis will also depend on the evolution...
(Bloomberg 10/21/14)
Ebola’s economic effects in Africa are proving hard to quarantine even in the 49 of 54 countries that are untouched by the virus. Corporate events are being canceled, international investors are declining to visit and multinationals are on high alert. The International Monetary Fund yesterday cut its forecast for economic growth in sub-Saharan Africa this year to 5 percent from 5.5 percent, due in part to “economic spillovers starting to materialize” from the outbreak. The ripple effects present a fresh challenge to Africa’s economic progress, which is heavily dependent on foreign investment and vulnerable to even slight shocks. Business and...
(Ventures-Africa 10/20/14)
VENTURES AFRICA – The race to build hotels in Africa has never been bigger than it is today. Global hotel chain Marriot International’s recent announcement of a $1.5 billion Africa expansion plan stirred the market and a recent hotel conference on Africa. The capital investment will be used to build nine hotels, amounting to a 1,300 additional rooms, by 2015 and 30 additional hotels by 2020, adding another 5,550 rooms to the continent’s hotel room count. Marriot International’s construction plan...
(Cnbc Africa 10/17/14)
Africa’s vast amounts unexplored resources make it every investors dream, however, the continents real success lies in advancing women. Earlier this month the world celebrated The United Nations’ International Day of Rural Women, a day that recognises the vital role rural women play in improving agriculture and rural development. “When we give rural women access to productive agricultural and natural resources, we empower them. They, in turn, can contribute more to alleviating hunger and boosting the ability of their communities...
(Ventures-Africa 10/15/14)
VENTURES AFRICA – The Executive Secretary of the United Nation’s Economic Commission for Africa, Carlos Lopes has called on the international financial community to provide Africa with more investments than aid, as it is obvious that the latter cannot help the emerging continent achieve its desired growth and development. Carlos was, on Monday, speaking at the opening of the Ninth African Development Forum holding in Marrakech, Morocco themed “Innovative financing for Africa’s transformation” with the aim of deriving measures to...
(Ventures-Africa 10/14/14)
VENTURES AFRICA – Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released last week, by IHS, a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. “Cote d’Ivoire intends on spending $4 billion on agriculture development in order to improve crop yields and, in four years,...
(Ventures-Africa 10/13/14)
VENTURES AFRICA – Compared to other regions of the world, sub-Saharan Africa has the highest number of female entrepreneurs. These women are mostly owners of small businesses and local community shops serving the unmet needs of their homes and consumers. This not only reshapes the incorrect perception that African women have marginal input in overall economic output, but a socio-economic conscious business environment that includes full support of women entrepreneurs could potentially bring millions out of poverty and reduce an...
(Business Day 10/11/14)
Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released Wednesday, by IHS Inc., a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. Across sub-Saharan Africa, the development of the agriculture sector is viewed by many countries as a way to: Diversify their economies away from...
(Bloomberg 10/10/14)
West African countries are almost powerless to prevent illegal fishing that is depleting stocks and robbing states of revenue, according to a fisheries expert who is visiting the region. “In most West African countries, surveillance and monitoring is almost zero, most African countries don’t even have a single vessel, or even a small craft,” Professor Daniel Pauly, a fisheries specialist from University of British Columbia, said by phone from the Namibian town of Swakopmund. An inability to enforce quotas results...
(Ventures-Africa 10/10/14)
VENTURES AFRICA – Lusaka Stock Exchange listed power distribution company, Copperbelt Energy Corporation (CEC) is to invest over $18 million in upgrading its network in a bid to boost Zambia and DR Congo energy sector. “CEC owns the inter-connection between Zambia and DRC. We are building a duo circuit transmission line which will see the capacity of our inter-connector extended from 250 megawatts to 550 megawatts,” said CEC managing director Owen Silavwe. CEC operates and maintain a network comprising transmission, distribution and generation assets. The assets comprise an emergency power generation capacity of 80MW, transmission and distribution network of around 1,000 km of overhead power lines
(AFP (eng) 10/08/14)
The deadly Ebola epidemic could deal a $32 billion-plus blow to the West African economy over the next year if officials cannot get it under control, the World Bank warned Wednesday. If efforts to halt its spread out of a three-country core -- Liberia, Sierra Leone and Guinea -- are not successful by December, the entire region faces a real threat of economic catastrophe, the Bank said in a new report. "In broader regional terms, the economic impacts could be...
(Reuters (Eng) 10/08/14)
(Reuters) - Standard Chartered (STAN.L) plans to hire at least 1,000 more staff in Africa in the next couple of years, an increase of more than 10 percent, even as its expansion elsewhere has slowed. Diana Layfield, Standard Chartered's chief executive for Africa, declined to specify where the extra staff would go, but picked out Nigeria, Kenya and Ghana as three of the most attractive markets. "Nigeria has to be close to the top of everybody's list (for expansion) .....
(Business Week 10/06/14)
Africa is ripe for investment, a fact that is being acted upon by Abu Dhabi companies with increasing regularity. Etihad Airways just announced that it would expand its African presence with the launch of a daily service to Dar es Salaam, Tanzania. Earlier this month, Trojan General Contracting, part of the Royal Group owned by Sheikh Tahnoon bin Zayed Al Nahyan, is participating in a $16 billion programme to build roads and railways across West Africa. These companies are not...
(Kenya Star 10/02/14)
ATHENS- Marine researchers hope that fish farming - the process of raising fish in ponds for food - can help African countries overcome chronic food shortages. Scientists from the Athens-based Hellenic Centre for Marine Research are working on ways to improve fish farming in Europe, and now have been asked to do the same to alleviate food shortages in Africa. The governments of Kenya and Sierra Leone approached the European Union for assistance with fisheries. Hellenic Centre director Evangelos Papathanassiou explains this is a joint European-African project.
(Bloomberg 10/01/14)
Africa’s richest man, Aliko Dangote, said further deals with the Investment Corp. of Dubai may run into billions of dollars after the Emirati holding company invested $300 million in his cement business last month. “We have also agreed to invest in other other ventures in oil and agriculture,” Dangote said today in an interview at a conference in Dubai. “They already have a seat on our board. This could run into billions of dollars.” ICD is exploring opportunities to work...
(Afribiz 09/30/14)
Mauritania is integrated into GVCs to varying degrees through its mining and oil sector, its fisheries sector and its Nouadhibou free zone. Iron, oil, copper, gold and fish are exported unprocessed to Europe and China, where they are used as inputs into the value chains of their own production systems. Advanced processing of these products before export would give them higher value and allow Mauritania to move up the GVCs. The country could encourage the development of domestic enterprises around...
(Ghana Web 09/30/14)
Members of the Economic Community of West African States (ECOWAS) are expected to announce the adoption of a common external trade policy next year to ensure full economic integration. Kofi Afresah Nuhu, Director in charge of manufacturing at the Ministry of Trade and Industry, who disclosed this, said ECOWAS was in the process of establishing administrative measures to regulate trade relations with non-member countries. One notable trend in the global economy in recent times has been the accelerated movement toward regional integration to ensure free flow of goods and services, he stated.
(Business Week 09/29/14)
DUBAI, UAE - The Ruler of Dubai, H.H. Sheikh Mohammed bin Rashid Al Maktoum, who is also United Arab Emirates Vice-President, is hosting the Second African Global Business Forum which is by invitation only and organized by The Economist publication. The event (AGBF) takes place this week starting Wednesday and several African Heads of State have confirmed attendence. The theme is ‘New Realities – New Connections’.
(Xinhuanet 09/26/14)
NAIROBI, Sept. (Xinhua) -- Africa could become a single air transport market that will remove the need for bilateral air services agreements by early 2016, the industry lobby said on Wednesday. African Airlines Association (AFRAA) Secretary General Elijah Chingosho told Xinhua that the regulatory texts and legal institutional framework are scheduled to be finalized in October. "Guidelines will soon be formulated that will enable the African Union to carry out negotiations among the various trading blocs with a view to...
(PANA 09/20/14)
Mobile money - Customers of Orange Money and Bank of Africa, in a number of African countries, will be able to transfer money directly between their two accounts within the next few months, telecoms industry global monitor Pyramid Research reported Thursday on its daily update. The France-headquartered company, Orange, said its Money customers would be able to buy goods and pay utility bills, as well as purchase air-time credit, without going to the bank or shop.

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(Reuters (Eng) 10/09/14)
Former France international midfielder Corentin Martins has been named as the new coach of Mauritania but no details of the 45-year-old's contract were given by the country's football federation in a statement confirming the appointment on Tuesday. Martins, who has limited coaching experience with lower-league Quimper and Stade Brest in the French league, replaces compatriot Patrice Neveu, who was fired after Mauritania were eliminated from African Nations Cup qualifiers in August. (Reporting by Mark Gleeson in Cape Town; Editing by John O'Brien)
(PANA 10/07/14)
The qualifying series for the 2015 Africa Cup of Nations is set to resume next weekend, after a month-long break, PANA reported Sunday. The first set of two group matches were played last month, and two more matches are slated to be played this month. Match day three will be next Friday and Saturday, while Match day four will be four days later, on 15 Oct. After this month's matches, there will be two more matches to go, in November, before the emergence of the qualified teams. The top two finishers from each of the seven groups, plus the best...
(The New Times 10/07/14)
Head coaches and technical directors of African national teams have hailed progress in African football but emphasised the need to make improvements which would see an African team win a Fifa World Cup. The resolution was among the many passed by the coaches, who meet in a two-day conference held in Cairo, Egypt last week. It was organised by FIFA and CAF to review and learn from the 2014 FIFA World Cup Brazil. Rwanda was represented by Amavubi head coach...
(Kawowo Sports 09/30/14)
The Mauritania Football Federation (FFRIM) has shortlisted four coaches among which one will be named to take over the vacant position of the national team coach. The list announced by the FA after its meeting held last week includes French trio; Pierre Lechantre, Corentin Martins and Sebastien Lechantre. Serbian Milovan Rajevac completes the foursome. The four names will today be reviewed by the selection committee headed by FFRIM President, Ahmed Ould Yahya, to decide on the best choice for onward...
(Dw-World 09/04/14)
As the continent gears up for its African Nations Cup qualifiers, concerns are growing that the deadly disease could ruin the games. Some argue soccer players and fans from Ebola-hit countries could spread the virus. The message from Africa's soccer governing body, the Confederation of African Football (CAF), was clear: Ivory Coast will be expelled from the 2015 Africa Cup of Nations if they refuse to host Ebola-hit Sierra Leone in their qualifier on Saturday (06.09.2014). CAF's statement prompted Ivory Coast to allow the match to be held in Abidjan after all.
(PANA 08/30/14)
The Malian Football Federation (FEMAFOOT) has asked the Confederation of African Football (CAF) to relocate its away Africa Cup of Nations (AFCON) qualifying match against Algeria scheduled for 10 September at Blida for security reasons. FEMAFOOT on Thursday cited insecurity in Algeria following the death on 23 August of the JS Kabylie Cameroonian player, Albert Ebossé, 24, after he was hit by an object thrown by supporters of his club.
(RFI(EN) 07/29/14)
No black African cyclist has ever taken part in the Tour de France. The most prestigous cycling event in the world ended in Paris on Sunday, and Team Africa Rising hopes to bring an African team to the Tour in the near future. Team Africa Rising wants to be the first hundred percent African team to race the European circuit and eventually take part in the Tour de France. Speaking to RFI, Jock Boyer, the founder of Team Africa Rising...
(The Point 07/05/14)
Football lovers in Africa are generally disappointed about the early exit of Africa's five representatives in the FIFA World Cup 2014 in Brazil. But the signs were already there for such a development. And squabbles over finances and administrative arrangements are a large contributing factor. However, since FIFA allocated 1.5 million dollars to each of the 32 participating teams, the payment of bonuses to African players should not be a problem, if based on prior agreement, which should be available...
(Zimbabwe Independent 06/21/14)
AT the Brazil 2014 World Cup shorn of African heroics so far, with the singular exception of Ivory Coast, Cameroon went down fighting on Wednesday, but unfortunately, among themselves! After hitting the headlines on the eve of football's global super show for staging an industrial action over bonuses for their participation, the West Africans hogged the limelight for all the wrong reasons yet again. This time it was violence and unmitigated failure in an embarrassing 4-0 loss to Croatia. All...
(PANA 03/13/14)
The President of the Confederation of African Football (CAF), Mr. Issa Hayatou, has nudged African teams heading to the 2014 FIFA World Cup in Brazil to strive to reach the last four. PANA reports that no African team has ever gone beyond the quarter-final stage of the four-yearly global football extravaganza. But Hayatou said a last-four berth by any of Africa's flagbearers in Brazil would be an icing on the cake for the successes which African football has recorded, especially...
(PANA 02/28/14)
The African Football Confederation (CAF) will cover the costs of training, at the CAF Excellence Centre in Mbankomo, for the African teams to the 2014 FIFA World Cup in Brazil, the continental football governing body said. CAF is also calling on the entire African continent to support the five teams that qualified for Brazil 2014 which kicks off in June. The five countries are Cote d'Ivoire, Algeria, Cameroon, Ghana and Nigeria. In a news dispatch from the CAF headquarters in...
(AFP 02/02/14)
CAPE TOWN, (AFP) - Libya won their first continental tournament Saturday after beating Ghana in the African Nations Championship 4-3 on penalties when their final ended 0-0 after extra time. Excellent goalkeeping by the Mediterranean Knights' Muhammad Nashnoush and a poorly-aimed attempt that went wide from Ghana's Joshua Tijane clinched the victory following a lacklustre game. A fast-paced start raised expectations of an energetic clash, but play slowed after the first 15 minutes and failed to recover. The match ended...
(PANA 01/30/14)
Bloemfontein, South Africa - Nigeria's head coach Stephen Keshi has hailed the country's home-based senior national team, the Super Eagles, despite its loss to the Black Stars of Ghana in Wednesday's semi-final of the ongoing 2014 African Nations Championship (CHAN) in South Africa. The teams resorted to penalties after playing goalless in regulation and extra time, with the eventual 4-1 result ending the dreams of African champion Nigeria to also lift the CHAN silverware 'This team has been about six...
(CNN 01/10/14)
(CNN) -- Yaya Toure's African reign will stretch into a third year after the Manchester City midfielder was named the continent's best footballer once again. The Ivory Coast star was crowned Footballer of the Year by the Confederation of African Football at a ceremony in Lagos, Nigeria on Thursday. Toure pipped compatriot Didier Drogba, who plays for Turkish outfit Galatasaray, and Chelsea's Nigerian midfielder John Obi Mikel to the crown. The 30-year-old becomes only the second player to win three...
(Leadership 01/10/14)
In less than 24 hours, African football stars will kick off the CHAN tournament, which is meant for footballers plying their trade in the African continent. Africa has always produced some of the finest footballers of different generations, such as Roger Milla, Abedi Pele, Jay Jay Okocha, Nwankwo Kanu, Didier Drogba, Samuel Eto'o, Fredrick Kanoute, Michael Essien, Mikel Obi, Yaya Toure, Vincent Enyeama and the list goes on. These players have graced the European football with African flair, power and...
(BBC News Africa 12/02/13)
The winner of this year's BBC African Footballer of the Year award will be revealed at 1735 GMT on Monday. The shortlist of Yaya Toure, Victor Moses, John Mikel Obi, Jonathan Pitroipa and Pierre-Emerick Aubameyang was announced three weeks ago. African football fans selected their choice for the award, voting online and by text messages. You can find out result later today live on the BBC's Focus on Africa radio and television programmes and on this website. No player on...
(CNN 10/26/13)
(CNN) -- Is Sepp Blatter angling for another term as head of world football? The 77-year-old vowed at the 2011 FIFA presidential elections, where he stood unopposed after a bribery controversy ruled out his only rival, that this would be his fourth and final four-year stint in office. However, this week he hinted that he has "a mission" to fulfill and said he feels "young enough to be in this office." And he fueled speculation that he may stand again...
(BBC News Africa 09/06/13)
A total of seven places in the African play-offs for the 2014 World Cup will be decided this weekend. The campaign that has been made all the more dramatic because a number of matches have been overturned by football's world governing body Fifa. Only Algeria , Egypt and Ivory Coast will definitely be in the draw on 16 September for the final round of play-offs for Brazil next year. Ghana host Zambia in the first of the weekend's final group...
(AFP (eng) 08/17/13)
Women's sprinting has entered a new era, declared African duo Murielle Ahoure of the Ivory Coast and Nigeria's Blessing Okagbare after they won the continent's first ever medals in a women's world 200 metres final on Friday in Moscow. Ahoure, 25, took her second silver of the World Athletics Championships, having become the first African woman to win a medal in the world 100m final, in a photo finish with Okagbare behind Jamaica's 100m champion Shelly-Ann Fraser-Pryce. Both of them...
(Ghana Business News 08/05/13)
The draw for the 2014 African Nations Championship (CHAN) will take place on Monday, September 16 in Cairo, Egypt, organizers have announced. According to the Confederation of African Football (CAF), the ceremony will be held at its headquarters in the Egyptian capital. The draw will see 16 teams divided into four groups of four teams each for the tournament billed for South Africa next year from January 11 to February 1. Ghana’s local Black Stars booked their place at the...

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(AFP (eng) 10/16/14)
Despite sparse resources and limited institutional support, the world will soon wake up to Africa's ingenious new artists, according to some of the continent's leading exponents taking part in London's Contemporary African Art Fair. The four-day event -- the largest such fair outside Africa -- opens on Thursday and showcases the work of over 120 artists in the grand setting of Somerset House in the heart of the British capital in a bid to reach a global market. Some 27 galleries from around the world are represented at "1:54" -- named after the number of countries in Africa -- and the event has doubled in size since it debuted last year. "What is exciting about...
(News Day 10/10/14)
IT was a night of fun and of course lots of glitz and glamour at The Big Brother Africa (BBA) Hotshots launch on October 5 at The Whippet in Linden, Johannesburg, South Africa. After the unexpected burning down of the former BBA house also located in Johannesburg, viewers and audiences were naturally eager to see how this new venue would turn out and with no doubt Big Brother did not disappoint. The usual presenter, Ik Osakioduwa, popularly known as Ik, introduced audiences to this year’s edition with a stunning cabaret performance of the official Big Brother theme song. It was...
(AFP 05/15/14)
CANNES, May 15, 2014 (AFP) - The director of "Timbuktu", a powerful film about the Islamist occupation of northern Mali, broke down in tears in Cannes on Thursday as he spoke about this dark moment in the country's history. Featuring death by stoning, lashings, and extreme restrictions, the film, which is up for the film festival's top Palme d'Or prize, portrays the forced submission of residents in the fabled Malian city of Timbuktu to jihadists in 2012, before a French-led...
(The Guardian 12/30/13)
Figures compiled by the Committee to Protect Journalists show that 29 journalists were killed in Syria, 10 in Iraq and six in Egypt. At least 70 journalists were killed around the world in 2013, including 29 who died covering the civil war in Syria and 10 in Iraq, according to the Committee to Protect Journalists. The dead in Syria included a number of citizen journalists working to document combat in their home cities, broadcasters who worked with media outlets affiliated...
( 12/17/13)
BBnZ Live turned the entire Accra metropolis upside-down with the maiden edition of the Afro-Beats Festival held at the Independence Square in Accra over the weekend. An ecstatic crowd made up of over 60,000 Ghanaian music fans from all walks of life including students from all Ghanaian second cycle and tertiary institutions thronged the venue to partake in the event. The three-day Afro-Beats Festival was an all night affair which provided non-stop entertainment till the break of dawn. It kicked...
(AFP 11/09/13)
LAGOS, November 9, 2013 (AFP) - The Africa International Film Festival (AFRIFF) opens in Nigeria on Sunday and although it is still in its infancy, organisers hope that with time it can become the continent's Cannes. Seventy films from across the continent will be screened in a series of venues over seven days in the southern coastal city of Calabar, which Nigeria has tried to promote as an emerging cultural hub. "For an African film to come out in Cannes...
(CNN 09/20/13)
London (CNN) -- The girls strutting down the runway in The Savoy Hotel share many features - all are long-limbed, fine-boned and have glowing complexions. A silent army marching to the heavy music, past the front row A-listers peering out from behind their dark glasses. But one girl is different: the only one with black skin in a battalion of white faces. Nadja is one of the few black models lucky enough to make this year's cut for London Fashion...
(Ventures-Africa 10/22/14)
VENTURES AFRICA – The International Monetary Fund (IMF) has warned African countries that rushing to issue Eurobonds could raise debt levels and undermine growth as they may face exchange rate risks and problems repaying debts. Several African countries, especially those once burdened with debts, have issued Eurobonds to raise money for capital projects. Reuters News Agency quotes the director of IMF’s African Department, Antoinette Sayeh, as saying, in an interview on Monday, that such Eurobonds come with risks. “Whereas what it costs the countries to issue these bonds can often look lower than what they would pay on domestic borrowing,” Sayeh explains, “the real cost in the final analysis will also depend on the evolution...
(Bloomberg 10/21/14)
Ebola’s economic effects in Africa are proving hard to quarantine even in the 49 of 54 countries that are untouched by the virus. Corporate events are being canceled, international investors are declining to visit and multinationals are on high alert. The International Monetary Fund yesterday cut its forecast for economic growth in sub-Saharan Africa this year to 5 percent from 5.5 percent, due in part to “economic spillovers starting to materialize” from the outbreak. The ripple effects present a fresh challenge to Africa’s economic progress, which is heavily dependent on foreign investment and vulnerable to even slight shocks. Business and...
(Ventures-Africa 10/20/14)
VENTURES AFRICA – The race to build hotels in Africa has never been bigger than it is today. Global hotel chain Marriot International’s recent announcement of a $1.5 billion Africa expansion plan stirred the market and a recent hotel conference on Africa. The capital investment will be used to build nine hotels, amounting to a 1,300 additional rooms, by 2015 and 30 additional hotels by 2020, adding another 5,550 rooms to the continent’s hotel room count. Marriot International’s construction plan...
(Cnbc Africa 10/17/14)
Africa’s vast amounts unexplored resources make it every investors dream, however, the continents real success lies in advancing women. Earlier this month the world celebrated The United Nations’ International Day of Rural Women, a day that recognises the vital role rural women play in improving agriculture and rural development. “When we give rural women access to productive agricultural and natural resources, we empower them. They, in turn, can contribute more to alleviating hunger and boosting the ability of their communities...
(Ventures-Africa 10/15/14)
VENTURES AFRICA – The Executive Secretary of the United Nation’s Economic Commission for Africa, Carlos Lopes has called on the international financial community to provide Africa with more investments than aid, as it is obvious that the latter cannot help the emerging continent achieve its desired growth and development. Carlos was, on Monday, speaking at the opening of the Ninth African Development Forum holding in Marrakech, Morocco themed “Innovative financing for Africa’s transformation” with the aim of deriving measures to...
(Ventures-Africa 10/14/14)
VENTURES AFRICA – Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released last week, by IHS, a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. “Cote d’Ivoire intends on spending $4 billion on agriculture development in order to improve crop yields and, in four years,...
(Ventures-Africa 10/13/14)
VENTURES AFRICA – Compared to other regions of the world, sub-Saharan Africa has the highest number of female entrepreneurs. These women are mostly owners of small businesses and local community shops serving the unmet needs of their homes and consumers. This not only reshapes the incorrect perception that African women have marginal input in overall economic output, but a socio-economic conscious business environment that includes full support of women entrepreneurs could potentially bring millions out of poverty and reduce an...
(Bloomberg 10/10/14)
West African countries are almost powerless to prevent illegal fishing that is depleting stocks and robbing states of revenue, according to a fisheries expert who is visiting the region. “In most West African countries, surveillance and monitoring is almost zero, most African countries don’t even have a single vessel, or even a small craft,” Professor Daniel Pauly, a fisheries specialist from University of British Columbia, said by phone from the Namibian town of Swakopmund. An inability to enforce quotas results...
(Ventures-Africa 10/10/14)
VENTURES AFRICA – Lusaka Stock Exchange listed power distribution company, Copperbelt Energy Corporation (CEC) is to invest over $18 million in upgrading its network in a bid to boost Zambia and DR Congo energy sector. “CEC owns the inter-connection between Zambia and DRC. We are building a duo circuit transmission line which will see the capacity of our inter-connector extended from 250 megawatts to 550 megawatts,” said CEC managing director Owen Silavwe. CEC operates and maintain a network comprising transmission, distribution and generation assets. The assets comprise an emergency power generation capacity of 80MW, transmission and distribution network of around 1,000 km of overhead power lines
(Voice of America 10/03/14)
PARIS— France is setting up a base in northern Niger as part of an operation aimed at stopping al-Qaida-linked militants from crisscrossing the Sahel-Sahara region between southern Libya and Mauritania, officials said. Paris, which has led efforts to push back Islamists in the region since intervening in its former colony Mali last year, redeployed troops across West Africa earlier this year to form a counter-terrorism force.
(Afribiz 09/30/14)
Mauritania is integrated into GVCs to varying degrees through its mining and oil sector, its fisheries sector and its Nouadhibou free zone. Iron, oil, copper, gold and fish are exported unprocessed to Europe and China, where they are used as inputs into the value chains of their own production systems. Advanced processing of these products before export would give them higher value and allow Mauritania to move up the GVCs. The country could encourage the development of domestic enterprises around...
(BBC News Africa 09/27/14)
The death toll from the Ebola outbreak in West Africa has passed 3,000, the World Health Organization (WHO) says. The latest figures indicate that more than 6,500 people are believed to have been infected in the region. Liberia is the worst affected country, having recorded around 1,830 deaths linked to the latest outbreak. The outbreak is the world's most deadly - US President Barack Obama has called it a "threat to global security". Some studies have warned that the numbers of infected could rise to more than 20,000 by early November.
(Voice of America 09/26/14)
Regional health ministers from the Economic Community of West African States [ECOWAS] will evaluate the implementation of strategic plans aimed at combating Ebola at a meeting in Ghana’s capital, Accra, this weekend, according to Haruna Warkani, acting ECOWAS communications director. He said the regional group is working closely with member countries battling the disease including Guinea, Liberia, Sierra Leone, and Nigeria, as well as its international health partners. Warkani said the regional health ministers, who recently met in Accra, outlined strategic plans to contain and subsequently eradicate the disease.
(Voice of America 09/19/14)
ADDIS ABABA— African children are facing disproportionately high levels of violence, according to a new report by the African Child Policy Forum. The study calls for more coordinated action to prevent violence against children. The new report, released Thursday, said African children are subjected to extremely high levels of emotional, physical and sexual abuse, and current laws and policies have not been able to tackle this issue. African Child Policy Forum Executive Director Theophane Nikyema said a coordinated response is needed. “There has not been much focus on the prevention side when it comes to child protection
(BBC News Africa 09/16/14)
Malaysia plans to donate more than 20 million protective rubber gloves to five African countries affected by the Ebola outbreak, the government says. They will be distributed among medical workers in Liberia, Sierra Leone, Guinea, Nigeria and the Democratic Republic of Congo. A shortage of protective equipment has been one factor in the virus spreading. It has killed more than 2,400 people, including many health workers, this year, in the world's worst outbreak. Health workers in Liberia recently went on strike, saying they need more protective equipment.
(BBC News Africa 09/15/14)
The west African country of Mauritania is moving its weekend to Saturday and Sunday to be more in tune with its European business partners. "It's clear that not being on par with our trading partners is causing us huge losses," says Seyedna Ali Ould Mohamed Khouna, Mauritania's public service minister. With a Muslim majority, the country has traditionally started the weekend on Friday, and local newspaper Essirage fears there may be large protests when the switch takes effect on 1...
(Voice of America 09/13/14)
DAKAR— The Ebola crisis in West Africa has closed borders and international airlines have cut flights to the area, but some say the measures aimed at controlling the outbreak also are holding up humanitarian aid deliveries. Senegal and Ivory Coast have closed airports to planes coming from Ebola-affected countries, and many airlines have cut services to the capitals of Guinea, Sierra Leone and Liberia despite World Health Organization calls to keep air traffic moving. WHO officials have discouraged air-transit restictions,...
(Voice of America 09/12/14)
The head of the World Health Organization says more and better-trained medical workers are needed in West Africa to stop the growing outbreak of Ebola. She said officials trying to contain Ebola are short of almost everything, including protective gear, mobile laboratories and body bags, but that the biggest obstacle is a lack of trained health care workers. "Money, materials are important but those alone could not stop the Ebola transmission… Human resources is most important, and especially the needs...
(Voice of America 09/10/14)
NAIROBI— A new report by the Alliance for a Green Revolution in Africa (AGRA) says that while farmers in many parts of the world regularly harvest up to five tons of maize per hectare, those in Africa harvest just one ton on average. Outdated farming practices combined with inherently low soil fertility has been blamed for the low yields. Many countries in Africa often face food shortages, as farmers struggle to grow enough produce for the entire population. A new...
(BBC News Africa 09/05/14)
The blood of patients who recover from Ebola should be used to treat others, the World Health Organization has announced. West Africa is facing the largest Ebola outbreak in history and more than 2,000 people have died. A global group of experts have been meeting to assess the experimental therapies that could contain Ebola. The WHO also announced that Ebola vaccines could be used on the frontline by November. Blood medicine People produce antibodies in the blood in an attempt...

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