Monday 25 September 2017

Mozambique

(Reuters (Eng) 09/22/17)
From deadly droughts and destroyed crops to shrinking water sources, communities across sub-Saharan Africa are struggling to withstand the onslaught of global record-breaking temperatures. But the dangers do not end there. Rising heat poses another threat - one that is far less known and studied but could spark disease epidemics across the continent, scientists say. Mosquitoes are the menace, and the risk goes beyond malaria. The Aedes aegypti mosquito, which spreads debilitating and potentially deadly viruses, from Zika and dengue to chikungunya, thrives in warmer climates than its malaria-carrying cousin, known as Anopheles, say researchers at Stanford University. In sub-Saharan Africa, this means malaria rates could rise in cooler areas as they heat up, but...
(Macauhub 09/21/17)
The Mozambican government remains committed to its goal of bringing electricity to the whole country by 2030, the Minister of Mineral Resources Leticia Klemens said on Wednesday in Maputo. The minister, who spoke at the presentation of the portfolio of projects of the National Energy Fund (Funae), stressed that the government has been intensifying efforts to bring the electricity supply to rural areas of the country. Quoted by Mozambican newspaper Notícias, Klemens said private entities “now have more room to finance renewable energy projects in Mozambique, thus opening the way for the investment to stop being just public.” As an example of private sector involvement, she cited the agreement signed last May between Funae
(Macauhub 09/21/17)
The United Kingdom’s exit from the European Union is an opportunity to make more investments in Mozambique and will not have a negative impact on bilateral trade relations, the British Minister for International Trade said on Wednesday in Maputo. Minister Liam Fox, who travelled to Mozambique as part of a tour of some southern African countries, said that what worries potential British investors is the guarantee of macroeconomic stability and a stable legal framework. The SADC Sugar Producers Federation last...
(Reuters (Eng) 09/21/17)
Makers of generic AIDS drugs will start churning out millions of pills for Africa containing a state-of-the-art medicine widely used in rich countries, after securing a multi-million dollar guarantee that caps prices at just $75 per patient a year. Global health experts hope the deal will help address two looming problems in the HIV epidemic - the rising threat of resistance developing to standard AIDS drugs, and the need for more investment in manufacturing capacity. Bill Gates’ charitable foundation will...
(Macauhub 09/19/17)
The Mozambican Energy Fund (Funae) on Tuesday is scheduled to present a portfolio of renewable energy projects worth an estimated US$500 million to help ensure that by 2030 the Mozambican population has full access to electricity, according to a statement issued on Monday in Maputo. The statement cited by Mozambican state news agency AIM said the project portfolio provides for electrification through the use of solar and hydro sources, covering the provinces of Maputo, Gaza and Inhambane (south), Sofala, Manica, Tete and Zambézia (central Mozambique) and Nampula, Niassa and Cabo Delgado
(Macauhub 09/19/17)
The governments of Mozambique and Malawi have decided to expand the Nacala Development Corridor, which includes a railway line that crosses the two countries linking Moatize, in Tete province, to the port of Nampula, in Nampula province, under a agreement signed on Friday in Maputo. The agreement, which provides for additional funding of US$2.5 billion for development of the corridor, will allow the corridor to evolve, “as well as fostering economic growth by promoting and coordinating economically viable businesses in...
(Macauhub 09/19/17)
India’s decision to freeze imports of some types of pulses to protect local production prices has meant that a number of farmers in Mozambique have run out of markets to export their produce, according to Mozambican newspaper Notícias. The newspaper wrote that more than 300 tonnes of Boer beans produced in the current agricultural campaign in the districts of Ancuabe, Montepuez, Chiúre, Balama and Namuno, in the south of the Mozambican province of Cabo Delgado, run the risk of deteriorating...
(Macauhub 09/19/17)
Mozambique’s banking sector has become reliant on loans to the public sector to maintain growth due to the economic environment created by the state’s financial default in 2016, according to consultancy BMI Research. In a note on the financial sector sent to analysts, the Fitch group consultancy adds that this is because “the government has increasingly been kept away from international markets following the disclosure of hidden debts and subsequent financial default.” With limited access to external financing, the government...
(AFP (eng) 09/18/17)
A 17-year-old albino boy was killed and his brain removed for what is believed to be use in witchcraft in Mozambique, local news reports said. Albinos in Mozambique are often hunted for their body parts, which are used as charms and magical potions in the belief that they bring wealth and good luck. "The criminals took the bones out of the arms and legs, the hair and broke the head to remove the brain," a local official told Mozambican news...
(The Guardian 09/18/17)
Anna Jones says that, through selling its cocoa cheaply, Africa is exporting its wealth overseas; while Sue Banford claims that the soya moratorium in the Amazon has done nothing to halt deforestation. Only the final paragraph in your article on cocoa farming causing deforestation in Ivory Coast (Forests pay price for world’s taste for cocoa, 14 September) mentioned the most fundamental thing – the farmer’s livelihood, or lack of it. The low value of his (or more likely her) crop...
(Xinhuanet 09/15/17)
The Political Commission of the ruling party in Mozambique, Frelimo, has elected the current president of the country Filipe Nyusi to be the candidate for the next presidential election in 2019. According to the resolution approved by Frelimo's committee, the constant dialogue and willingness to reach an effective peace agreement with the leader of the main opposition party, Afonso Dlhakama, were important to support Nyusi to be the leader for the party and a presidential candidate for the country. The...
(Bloomberg 09/15/17)
Societe Generale SA, challenged on its home turf by Orange SA’s push into banking, is fighting back with a new mobile lender in Africa. The French lender started YUP, a new app for smartphones, in Senegal and Ivory Coast and plans to begin operating in four other sub-Saharan countries this year and next, the company said on Thursday. The bank aims to double its client base to 2 million in the region within three years. “Telcos have opened the way...
(APA 09/14/17)
APA-Maputo (Mozambique) - The United Nations World Food Programme (WFP) has launched a new five-year strategic plan to combat hunger in Mozambique, a country where more than 579,000 children will need treatment from the effects of severe hunger this year alone and five million people urgently need food assistance. The WFP said in a statement on Thursday that the plan for Mozambique is part of a series of new plans initiated by the United Nations agency in several countries around...
(APA 09/13/17)
The Mozambican government has approved a US$25-million tourism project that seeks to increase the competitiveness of the sector, taking advantage of the country’s potential and providing quality tourist services. Cabinet spokesperson Ana Comoana told journalists on Tuesday night after a cabinet meeting in Maputo that two South African and United States companies have been authorised to develop a tourism and conservation farm at Mapulanguene Administrative Post in Magude district in Maputo province. "They (South African and US companies) have created a locally-based joint venture firm known as Nuanetsi Lda for this purpose,” said Comoana
(Xinhuanet 09/13/17)
Mozambique's anti-corruption authorities on Tuesday initiated here a trial of 28 officials who allegedly diverted 2.7 million U.S. dollars from the national fund for agriculture. Setina Titosse, the kingpin of the alleged fraud, is the former managing director of the Agriculture Development Fund (FDA). She was arrested soon after the anti-corruption bureau gathered evidence of her crimes. Titosse was accused of involvement in approving fictitious agriculture projects. Since most did not exist or were partly implemented, the money was later...
(Xinhuanet 09/13/17)
In an effort to promote economic development and solve complex conservation challenges facing world heritage sites, the African World Heritage Fund Patron and former President of Namibia Hifikepunye Pohamba will host a business leader's breakfast event in Namibian Capital, Windhoek on Thursday. The African World Heritage Fund is an initiative of the African Member States of the African Union and UNESCO, launched in 2006. Webber Ndoro, executive director of the African World Heritage Fund, at a media briefing on Tuesday...
(Xinhuanet 09/12/17)
Unitaid, an international organization hosted by the World Health Organization (WHO), launched here on Monday a project to bring malaria prevention care to 400,000 pregnant women and their babies in four African countries. According to Unitaid, with a budget of 50 million U.S. dollars, the "Transforming Intermittent Preventive Treatment for Optimal Pregnancy" (TIPTOP) project will be implemented in the Democratic Republic of Congo, Madagascar, Mozambique and Nigeria, countries from the Sub-Saharan region hit by malaria. In Mozambique in particular, latest...
(Reuters (Eng) 09/12/17)
Olympic boxing’s governing body, AIBA, has banned African confederation head Kelani Bayor for three years for allegedly provoking the crowd at the continental championships in Brazzaville last June. Bayor is an AIBA vice-president and executive committee member as well as chairman of Togo’s national Olympic committee. “The Disciplinary Commission found that a hostile and threatening reaction to AIBA officials by spectators after the result of a bout on the last day of the competition was exacerbated by comments from Mr...
(Bloomberg 09/11/17)
The South African companies that dominate the U.K.’s growing private hospital industry are counting on more people like Katie Corrie. A children’s party entertainer, Corrie opted to use 13,000 pounds ($17,000) of her savings and inheritance to get a hip replacement rather than spend months on a National Health Service waiting list. Britons like her are forking out almost 1 billion pounds a year to cover their own medical expenses, a trend that’s giving at least one industry the scope...
(Xinhuanet 09/08/17)
Communication ministers from the Southern Development Community (SADC) countries vowed on Thursday to turn the region into an information and knowledge-based economy. This emerged from a ICT (information and communication technology) meeting taking place in Durban, a coastal city in southeastern South Africa. Communication ministers from 15 SADC countries have been meeting in Durban since Monday to discuss the region's ICT infrastructure. The meeting, also attended by policy regulators, implementing agencies and ICT industry players, was designed to help create...

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(Reuters (Eng) 09/22/17)
From deadly droughts and destroyed crops to shrinking water sources, communities across sub-Saharan Africa are struggling to withstand the onslaught of global record-breaking temperatures. But the dangers do not end there. Rising heat poses another threat - one that is far less known and studied but could spark disease epidemics across the continent, scientists say. Mosquitoes are the menace, and the risk goes beyond malaria. The Aedes aegypti mosquito, which spreads debilitating and potentially deadly viruses, from Zika and dengue to chikungunya, thrives in warmer climates than its malaria-carrying cousin, known as Anopheles, say researchers at Stanford University. In sub-Saharan Africa, this means malaria rates could rise in cooler areas as they heat up, but...
(Reuters (Eng) 09/21/17)
Makers of generic AIDS drugs will start churning out millions of pills for Africa containing a state-of-the-art medicine widely used in rich countries, after securing a multi-million dollar guarantee that caps prices at just $75 per patient a year. Global health experts hope the deal will help address two looming problems in the HIV epidemic - the rising threat of resistance developing to standard AIDS drugs, and the need for more investment in manufacturing capacity. Bill Gates’ charitable foundation will guarantee minimum sales volumes of the new combination pills using dolutegravir, a so-called integrase inhibitor that avoids the drug resistance that often develops with older treatments. In return the drugmakers, India-based Mylan Laboratories and Aurobindo Pharma, will agree the maximum...
(AFP (eng) 09/18/17)
A 17-year-old albino boy was killed and his brain removed for what is believed to be use in witchcraft in Mozambique, local news reports said. Albinos in Mozambique are often hunted for their body parts, which are used as charms and magical potions in the belief that they bring wealth and good luck. "The criminals took the bones out of the arms and legs, the hair and broke the head to remove the brain," a local official told Mozambican news...
(APA 09/14/17)
APA-Maputo (Mozambique) - The United Nations World Food Programme (WFP) has launched a new five-year strategic plan to combat hunger in Mozambique, a country where more than 579,000 children will need treatment from the effects of severe hunger this year alone and five million people urgently need food assistance. The WFP said in a statement on Thursday that the plan for Mozambique is part of a series of new plans initiated by the United Nations agency in several countries around...
(Xinhuanet 09/13/17)
Mozambique's anti-corruption authorities on Tuesday initiated here a trial of 28 officials who allegedly diverted 2.7 million U.S. dollars from the national fund for agriculture. Setina Titosse, the kingpin of the alleged fraud, is the former managing director of the Agriculture Development Fund (FDA). She was arrested soon after the anti-corruption bureau gathered evidence of her crimes. Titosse was accused of involvement in approving fictitious agriculture projects. Since most did not exist or were partly implemented, the money was later...
(Xinhuanet 09/12/17)
Unitaid, an international organization hosted by the World Health Organization (WHO), launched here on Monday a project to bring malaria prevention care to 400,000 pregnant women and their babies in four African countries. According to Unitaid, with a budget of 50 million U.S. dollars, the "Transforming Intermittent Preventive Treatment for Optimal Pregnancy" (TIPTOP) project will be implemented in the Democratic Republic of Congo, Madagascar, Mozambique and Nigeria, countries from the Sub-Saharan region hit by malaria. In Mozambique in particular, latest...
(Bloomberg 09/11/17)
The South African companies that dominate the U.K.’s growing private hospital industry are counting on more people like Katie Corrie. A children’s party entertainer, Corrie opted to use 13,000 pounds ($17,000) of her savings and inheritance to get a hip replacement rather than spend months on a National Health Service waiting list. Britons like her are forking out almost 1 billion pounds a year to cover their own medical expenses, a trend that’s giving at least one industry the scope...
(APA 09/08/17)
Deprivation and marginalization, underpinned by weak governance, are primary forces driving young Africans into violent extremism, according to a comprehensive new study by the United Nations Development Programme (UNDP), the first study of its kind. Based on interviews with 495 voluntary recruits to extremist organizations such as Al-Shabaab and Boko Haram, the new study also found that it is often perceived state violence or abuse of power that provides the final tipping point for the decision to join an extremist...
(APA 09/04/17)
Twelve people have been confirmed dead and 11 others were seriously injured after a bus caught fire after it skidded off the road following a tyre burst in Mozambique's southern Inhambane province on Sunday. State-controlled Radio Mozambique reported that the accident occurred in the district of Zavala where the bus, which was travelling from the capital Maputo to Inhassoro district in Inhambane, overturned and caught fire. The Maputo-based broadcaster quotes police district commander in Zavala, Joaquim Guil as saying the...
( The Southern Times 09/04/17)
The Mozambican government has strongly condemned the attempt by Morocco to prevent a delegation from the Saharawi Arab Democratic Republic (SADR) from participating at last week’s Tokyo International Conference on African Development (TICAD) ministerial meeting in Maputo. On Thursday, the first day of the meeting, the Moroccan delegation, in full sight of journalists, attempted physically to stop the SADR delegation from entering the conference hall. An angry exchange between the two delegations degenerated into shoving and pushing, which was eventually...
(Reuters (Eng) 08/29/17)
Europe’s “big four” continental powers and three African states agreed a plan on Monday to tackle illegal human trafficking and support nations struggling to contain the flow of people across the desert and Mediterranean sea. The 28-nation European Union has long struggled to reach a coherent answer to the influx of migrants fleeing war, poverty and political upheaval in the Middle East and Africa, and the crisis is testing cooperation between member states. After hosting the leaders of Germany, Italy,...
(Reuters (Eng) 08/28/17)
Getting Europe’s migrant crisis under control will be in focus at a summit of Europe’s “big four” continental powers and three African nations in Paris on Monday, with French President Emmanuel Macron seeking concrete action. The 28-nation European Union has struggled to agree on a coherent answer to the influx of migrants fleeing war, poverty and political upheaval in the Middle East and Africa, and the crisis is testing cooperation between member states. Over the summer, Macron sought to take...
(Macau Daily Times 08/23/17)
Mozambique will host the Tokyo International Conference on African Development (TICAD) from today to Friday, an event that will be attended by foreign ministers, among other government officials, the Mozambican press reported. The meeting, which is taking place for the first time in Mozambique, has already confirmed the participation of 31 African ministers, including 24 Ministers for Foreign Affairs, seven other ministers and vice ministers, according to the Mozambican Minister of Foreign Affairs and Cooperation, Oldemiro Balói. The Minister said...
(Bloomberg 08/14/17)
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 potential to undermine aid programs in the poorest countries in the world. However, with Congress in control of the budget, it’s unlikely that all cuts proposed by the Trump administration will go ahead...
(APA 08/08/17)
Agricultural Development and Food Security Minister Patrick Ralotsia said Tuesday that the Botswana Institute for Technology Research and Innovation has developed a foot and mouth disease rapid diagnostic test which is expected to help in the fight against the disease that ravages the country’s cattle every year. Responding to a question in Parliament, Ralotsia said the kit was expected to undergo rigorous validation, proficiency testing and accreditation before it can be approved in accordance with international protocols. He said once...
(APA 08/08/17)
Mozambique's Central Office for Combating Corruption, (GCCC) has accused former transport minister Paulo Zucula of abuse of office and taking bribes amounting to about US$37,000, state media reported on Tuesday. According to Noticias daily newspaper, the GCCC, a unit under the Attorney General's Office, also accused current and former officials of the Civil Aviation Institute of Mozambique (IACM) of crimes related to abuse of office. It is alleged that while transport minister in 2009, Zucula illegally authorized payments to members...
(Macauhub 08/08/17)
South Korea will donate US$700,000 to Mozambique to pay for studies meant to find solutions to improve the water supply for three cities, Xai-Xai, Nampula and Lichinga, respectively the capitals of Gaza, Nampula and Niassa provinces, reports AIM news agency. The financing agreement was initialled on Monday in Maputo by the director of the Water Supply Assets and Investment Fund (FIPAG), Pedro Paulino, and the head of the South Korean Institute of Environmental Technology and Industry (KEITI), Nam Kwang Hee...
(APA 08/01/17)
At least six people have been reported dead and an unknown number of others are missing after a boat they were travelling in capsized and sank in the district of Buzi in Mozambique's Sofala province, state radio reported on Tuesday. Head of the administrative post of Nova Sofala, João Bizeque Júnior told state-controlled Radio Mozambique that the vessel, which was carrying an unknown number of passengers in addition to cargo, was travelling from the town of Ampara to the city...
(APA 08/01/17)
The Mozambican government plans to vaccinate more than 40,000 birds of various species against Newcastle disease in Niassa province this year, an official said on Monday. Director of economic activities in Niassa’s Chimbonila district Francisco Machono said so far up to 23,000 birds have been vaccinated. "For a greater adherence to the programme, the sector's authorities have decided to adopt the door-to-door vaccination and promote trade shows intended for animal health," Machonio is quoted as saying by state-controlled Radio Mozambique...
(Reuters (Eng) 07/24/17)
South Africa's Tongaat Hulett said on Monday it will build a refinery at its Mozambican sugar mill to process brown sugar into white sugar, in a country which has a shortage of refined white sugar. The sugar producer said it will build the 500 million rand ($39 million) refinery at its Xinavane Mill, north of Maputo, with the first production expected in September 2018. Mozambique is a net importer of sugar, although consumption is lower than in neighbor Zimbabwe, the...

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(Macauhub 09/21/17)
The Mozambican government remains committed to its goal of bringing electricity to the whole country by 2030, the Minister of Mineral Resources Leticia Klemens said on Wednesday in Maputo. The minister, who spoke at the presentation of the portfolio of projects of the National Energy Fund (Funae), stressed that the government has been intensifying efforts to bring the electricity supply to rural areas of the country. Quoted by Mozambican newspaper Notícias, Klemens said private entities “now have more room to finance renewable energy projects in Mozambique, thus opening the way for the investment to stop being just public.” As an example of private sector involvement, she cited the agreement signed last May between Funae
(Macauhub 09/21/17)
The United Kingdom’s exit from the European Union is an opportunity to make more investments in Mozambique and will not have a negative impact on bilateral trade relations, the British Minister for International Trade said on Wednesday in Maputo. Minister Liam Fox, who travelled to Mozambique as part of a tour of some southern African countries, said that what worries potential British investors is the guarantee of macroeconomic stability and a stable legal framework. The SADC Sugar Producers Federation last week in Maputo expressed concern about losing the main sugar market in the European Union after Brexit as the United Kingdom absorbs more than half of the output of the countries in the region. to Mozambican daily newspaper Notícias, the...
(Macauhub 09/19/17)
The Mozambican Energy Fund (Funae) on Tuesday is scheduled to present a portfolio of renewable energy projects worth an estimated US$500 million to help ensure that by 2030 the Mozambican population has full access to electricity, according to a statement issued on Monday in Maputo. The statement cited by Mozambican state news agency AIM said the project portfolio provides for electrification through the use of solar and hydro sources, covering the provinces of Maputo, Gaza and Inhambane (south), Sofala, Manica, Tete and Zambézia (central Mozambique) and Nampula, Niassa and Cabo Delgado
(Macauhub 09/19/17)
The governments of Mozambique and Malawi have decided to expand the Nacala Development Corridor, which includes a railway line that crosses the two countries linking Moatize, in Tete province, to the port of Nampula, in Nampula province, under a agreement signed on Friday in Maputo. The agreement, which provides for additional funding of US$2.5 billion for development of the corridor, will allow the corridor to evolve, “as well as fostering economic growth by promoting and coordinating economically viable businesses in...
(Macauhub 09/19/17)
India’s decision to freeze imports of some types of pulses to protect local production prices has meant that a number of farmers in Mozambique have run out of markets to export their produce, according to Mozambican newspaper Notícias. The newspaper wrote that more than 300 tonnes of Boer beans produced in the current agricultural campaign in the districts of Ancuabe, Montepuez, Chiúre, Balama and Namuno, in the south of the Mozambican province of Cabo Delgado, run the risk of deteriorating...
(Macauhub 09/19/17)
Mozambique’s banking sector has become reliant on loans to the public sector to maintain growth due to the economic environment created by the state’s financial default in 2016, according to consultancy BMI Research. In a note on the financial sector sent to analysts, the Fitch group consultancy adds that this is because “the government has increasingly been kept away from international markets following the disclosure of hidden debts and subsequent financial default.” With limited access to external financing, the government...
(The Guardian 09/18/17)
Anna Jones says that, through selling its cocoa cheaply, Africa is exporting its wealth overseas; while Sue Banford claims that the soya moratorium in the Amazon has done nothing to halt deforestation. Only the final paragraph in your article on cocoa farming causing deforestation in Ivory Coast (Forests pay price for world’s taste for cocoa, 14 September) mentioned the most fundamental thing – the farmer’s livelihood, or lack of it. The low value of his (or more likely her) crop...
(Bloomberg 09/15/17)
Societe Generale SA, challenged on its home turf by Orange SA’s push into banking, is fighting back with a new mobile lender in Africa. The French lender started YUP, a new app for smartphones, in Senegal and Ivory Coast and plans to begin operating in four other sub-Saharan countries this year and next, the company said on Thursday. The bank aims to double its client base to 2 million in the region within three years. “Telcos have opened the way...
(APA 09/13/17)
The Mozambican government has approved a US$25-million tourism project that seeks to increase the competitiveness of the sector, taking advantage of the country’s potential and providing quality tourist services. Cabinet spokesperson Ana Comoana told journalists on Tuesday night after a cabinet meeting in Maputo that two South African and United States companies have been authorised to develop a tourism and conservation farm at Mapulanguene Administrative Post in Magude district in Maputo province. "They (South African and US companies) have created a locally-based joint venture firm known as Nuanetsi Lda for this purpose,” said Comoana
(APA 09/07/17)
The government in Maputo has identified two foreign firms that will build an ambitious 3,800-kilometre north-south rail link costing US$20 billion. "It (the project) would cost about US$20 billion dollars to build the 3,800 kilometres of new railway to connect existing lines between the coast and the interior. The project would provide links to existing ports and those contemplated in the coming years", Mozambique’s Minister of Transport and Communications Carlos Mesquita told the Fifth Engineering Congress of Mozambique, which got...
(Bloomberg 09/07/17)
African Rainbow Minerals Ltd., the miner chaired by South Africa’s richest black businessman, will pay a record dividend this year as rising iron-ore and manganese prices boosted earnings at its ferrous unit. ARM will pay investors 6.50 rand a share, almost triple that of the previous year, and its 11th consecutive dividend, the Johannesburg-based company said in a statement Thursday. The company benefited from a 45 percent increase in prices received for exported iron ore and 93 percent more for...
(Xinhuanet 09/05/17)
Delegates from African countries are hoping to attract more Chinese investment at the ongoing 11th China-Northeast Asia Expo in Changchun, capital of northeastern Jilin Province. Representatives from Ethiopia, Kenya, Zambia and Mozambique presented a variety of collaborative projects at the expo, ranging from grain and dairy processing, light manufacturing, to machinery and construction, in the hope of finding Chinese counterparts to invest in their countries. Ethiopia has set up a one-stop service system to simplify the approval process for business...
(Bloomberg 09/05/17)
A surge in agriculture has helped lift Africa’s biggest economies out of their slumps, but the recovery may be weak. Gross domestic product in Nigeria, the continent’s largest crude producer, advanced for the first time in six quarters in the three months ended June from a year earlier, growing 0.55 percent, the statistics agency said. In South Africa, GDP expanded 2.5 percent from the previous quarter, ending the second recession in almost a decade. Both economies had agriculture largely to...
(APA 09/04/17)
Mozambique's Ministry of Transport and Communications has set a 2018 target to start construction of a $2.7 billion coal export railway and port terminal project in the central region of the country, hoping to conclude it in the first quarter of 2021, APA can report on Monday. The head of the Ministry’s legal department, Luis Chauque, told APA in an interview that the government has picked Bangkok-based contractor Italian-Thai Development Pcl to construct the 537 km rail line, from the...
(APA 09/04/17)
Amelia Macie’s childhood dream had been to become a secondary school teacher, but family poverty and the civil war which gripped Mozambique after independence shattered it all. Growing up in the Mafuaine village of Namaacha District, some 40 kilometres in the south-west of the capital, Maputo, the young woman, now 29, had to endure all the difficulties a rural girl-child is exposed to. Her parents were not employed and had no source of income, which means when her body could...
(Bloomberg 09/04/17)
The worst may be over for Africa’s two largest economies as they likely emerged from a slump in the second quarter. Official data on Tuesday will probably show South Africa’s economy expanded in the three months through June, ending its second recession in less than a decade. Nigeria’s gross domestic product probably grew from a year earlier, and came out of its worst slump in a quarter of a century. South Africa and Nigeria together account for almost half of...
(Xinhuanet 08/31/17)
Cooperation between China and Africa has seen remarkable progress in renewable energy, showing the determination of developing countries to harness the huge potential of clean energy and combat climate change. China-Africa Renewable Energy Cooperation and Innovation Alliance, a coalition of financing institutions, smart grid providers and core manufacturers, on Thursday signed a Memorandum of Understanding (MOU) on cooperation with Africa Renewable Energy Initiative (AREI). "Africa has the highest potential for renewable energy, but the least access to it," said Seyni...
(Macauhub 08/30/17)
The feasibility of setting up the National Development Fund in Mozambique is currently being studied by the Economy and Finance Ministry and a proposal should be submitted to the Council of Ministers before the end of the year, the respective minister stated on Tuesday in Maputo. Various funds already exist in Mozambique, said Minister Adriano Maleiane, cited by the newspaper O País. He added that it was “important to understand how they can be coordinated in order to have a...
(Macauhub 08/30/17)
The Maputo International Fair is a singular opportunity to enhance cooperation between Mozambique and other countries, said President Filipe Nyusi when opening of the country’s top trade fair on Monday. Nyusi used the occasion to address small and medium sized enterprises (SMEs), urging their directors to seek contacts with foreign companies present at the fair with a view to exporting more Mozambican products. He highlighted the SMEs’ role in the process of diversifying the economy, stating that the fair was...
(Macauhub 08/30/17)
The 53rd Maputo International Fair (FACIM), Mozambique’s biggest business fair, runs from today until 3 September, counting the participation of 1,940 national companies, 540 foreign ones and 26 countries, with Belarus attending for the first time, reports the Mozambican press. Besides Portugal, Germany, Brazil and the United Kingdom, usually with high numbers of participants, Angola will this year be represented by six companies from the construction, services and industry sectors. The head of Angola’s Agency for Promotion of Investment and...

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(Reuters (Eng) 09/12/17)
Olympic boxing’s governing body, AIBA, has banned African confederation head Kelani Bayor for three years for allegedly provoking the crowd at the continental championships in Brazzaville last June. Bayor is an AIBA vice-president and executive committee member as well as chairman of Togo’s national Olympic committee. “The Disciplinary Commission found that a hostile and threatening reaction to AIBA officials by spectators after the result of a bout on the last day of the competition was exacerbated by comments from Mr Bayor,” AIBA said in a statement on Monday. It found Bayor had “committed serious and unacceptable violations of the AIBA Disciplinary Code” at the tournament in Congo Republic. AIBA said the ban was from all...
(Xinhuanet 08/25/17)
The Angolan and Mozambique are playing this Friday in the quarterfinals of the ongoing FIBA Women's AfroBasket 2017 in the Malian capital of Bamako. The Angolan women finished unbeaten in the group stage with five wins, hoping to extend their winning streak and qualify for the semifinals with an eye on the final and ultimately the crown like they did six years ago in Bamako. En route to the elimination stage, the Angolans finished in the top position of group A with 10 points, following their five victories against Cameroon (78-56), Mali (68-59), Tunisia (62-55) Cote d'Ivoire 70-62) and CAR (96-58). While Mozambique placed in fourth in Group B with seven points, as result of three defeats to Nigeria (69-80),...
(Reuters (Eng) 08/08/17)
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 Van Niekerk should be unbeatable in the 400m but faces a stiff challenge, not least from Botswanan duo Isaac Makwala and Thebe Baboloki. Another Botswanan, Amos, will also have to be...
(AFP (eng) 07/21/17)
The 2019 Africa Cup of Nations will expand from 16 to 24 teams and be staged in June and July, the Confederation of African Football (CAF) announced on Thursday. The tournament has traditionally been held in January and February, with the timing of the tournament a source of frustration to European clubs forced to release players in the middle of the season. The CAF executive committee confirmed the changes to the format following a two-day symposium in Rabat, although the...
(AFP (eng) 06/29/17)
It took a defender to end a 318-minute COSAFA Cup goal drought in Phokeng as Teca nodded Mozambique in front en route to a 2-1 victory over Seychelles Wednesday. The tall, dreadlocked centre-back soared at the far post after 48 minutes to beat Jerome Dingwall at a cold Royal Bafokeng Sports Palace stadium in northwest South Africa. After Malawi, Mauritius, Angola and Tanzania failed to score in drawn Group A matches Tuesday, Zimbabwe and Madagascar drew 0-0 Wednesday in the first match of a Group B double-header. But after failing to convert several good first-half...
(AFP (eng) 03/16/17)
Africa will host a Commonwealth Games one day despite the blow of Durban being stripped of hosting the 2022 edition, David Grevemberg, the chief executive of The Commonwealth Games Federation (CGF), told AFP. Durban lost the right to host the Games on Monday -- just 18 months after being awarded them -- when it failed to meet criteria laid down by the CGF, primarily over costs. "I wouldn't want to make a judgement call," Grevemberg told AFP on the sidelines...
(AFP (eng) 02/10/17)
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. Bokwe was kept out of the starting line-up by the consistent brilliance of Spain-based Fabrice Ondoa, who was included in the team of the tournament. But Bokwe is the first...
(AFP (eng) 01/09/17)
Gabon witnessed one of the most sensational finishes to an Africa Cup of Nations tournament when no-hopers Zambia stunned the Ivory Coast to win the 2012 final. Zambia failed to qualify this time, but the Ivorians will be among the favourites again when the competition returns to the central African state with the first fixtures scheduled for Saturday. AFP Sport rates the chances of the 16 challengers for the $4 million (3.8 million euros) first prize (last three competitive results...
(AfricaNews 12/05/16)
Cameroon’s Indomitable Lionesses failed to use home advantage and revenge in the final of the Women African Cup of Nations (AWCON 2016) losing by a goal to Nigeria’s Super Falcons. The Super Falcons thus successfully defended the title they won in 2014 by defeating Cameroon in Namibia. The hosts entered the final aiming to win their first title and avenge two previous defeats by Nigeria. But a late goal by Oparanozie Desire dashed hopes and sent disappointment through the teeming...
(AFP (eng) 11/10/16)
All CAF competitions will offer increased prize money from 2017, the Cairo-based African football body said Wednesday. The announcement came months after French oil-gas company Total signed an eight-year sponsorship deal with CAF reportedly worth more than one billion dollars (915 million euros). Winners of the biennial Africa Cup of Nations will receive $4 million, up from the $1.5 million pocketed by 2015 champions the Ivory Coast. CAF Champions League title-holders are going to collect $2.5 million -- $1 million...
(AFP (eng) 11/03/16)
African champions Mamelodi Sundowns won for the first time in the South African Premiership this season Wednesday and climbed off the bottom of the table. The Pretoria club triumphed 2-0 at Polokwane City thanks to goals from Percy Tau and Zimbabwean Khama Billiat, two stars of the 2016 CAF Champions League triumph. Sundowns became African champions for the first time 11 days ago by defeating Zamalek of Egypt 3-1 on aggregate in the final. But a domestic fixture backlog meant...
(AfricaNews 09/19/16)
The agreement on African games signed in Cairo over the weekend between the African Union and the Association of National Olympic committees of Africa will be implemented after validation by the Africa Union commission. The two parties are expected to mobilise renowned African athletes and the best teams to help raise their level of performance. Sources say the African Union will continue to manage the African games while the Union of African Sports Confederations will take care of its technical...
(AFP (eng) 07/22/16)
French petroleum giant Total signed an eight-year deal to become the new sponsor of African football and its showpiece event, the Africa Cup of Nations, on Thursday. The sponsorship of the tournament will start at its next edition in Gabon from Jan 14 to Feb 5, 2017. "This partnership is a major milestone in our ongoing search for additional resources to accelerate African football’s development, bring its governance up to date, upgrade its sports infrastructure and advance its performance globally,"...
(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...
(BBC News Africa 03/25/16)
Ghana eased to a 3-1 home victory over Mozambique in their 2017 Africa Cup of Nations qualifier on Thursday. Frank Acheampong set the Black Stars on their way with the opening goal after only four minutes had been played. On 56 minutes John Boye, captain in place of the injured Asamoah Gyan, doubled the lead and two minutes later Aston Villa's Jordan Ayew made it 3-0. Apson Manjate pulled a goal back for the visitors but Ghana easily extended their...
(Voice of America 03/15/16)
George Wyndham of Sierra Leone is a force to be reckoned with. He’s been playing table tennis for 14 years, despite being paralyzed by polio as a child. Now, at age 26, he is among the best physically challenged players in Africa. "Whenever I play table tennis, it always makes me happy and forget about my disability," Wyndham said. Having polio has pushed him even harder to make something of his life, he says, especially in a country where there...
(AFP (eng) 01/26/16)
Former Liverpool and Portugal defender Abel Xavier has been named as the new coach for the Mozambique national squad, the Mambas, local media reported Tuesday. The 43-year-old Mozambican-born Xavier made 20 appearances for the Portuguese national team during his international career spanning nearly two decades. Alberto Simango Junior, President of the Mozambican Football Federation, made the announcement in the capital Maputo on Monday, according to the state-owned daily Noticias. Xavier, whose trademark during his time on the pitch was his bright blonde hair, started his career at the Portuguese club Estrela da Amadora in 1990.
(Reuters (Eng) 01/16/16)
FIFA presidential candidate Prince Ali Bin Al Hussein of Jordan has asked soccer's world governing body to investigate Friday's agreement signed between the African and Asian confederations in case it breaches the electoral code. Asian Football Confederation (AFC) President Sheikh Salman Bin Ebrahim Al Khalifa and Confederation of African Football (CAF) counterpart Issa Hayatou signed the 'co-operation agreement' in Rwanda, just over a month before the FIFA presidential election in Zurich on Feb. 26. Sheikh Salman, South African politician and...
(APA 01/13/16)
Mozambique's Center of Investment Promotion (CPI) has said more than 50 percent of foreign investment amounting to $23 billion approved in the country between 2010 and 2014 was allocated to construction of various infrastructures, a government official said on Wednesday. CPI's top official, Danube Lado made the announcement during a conference on High-Quality Infrastructure, an event attended by the deputy minister of transport and communications Manuela Rebelo, and the Japanese vice minister of land, infrastructure, transport and tourism, Takatoshi Nishiwaki...
(Dw-World 12/22/15)
Joseph Blatter has pledged to fight the eight-year ban handed down to him by FIFA's Ethics Committee with all means at his disposal. He also reiterated earlier assertions that he had done nothing wrong. The FIFA president told reporters at a press conference in Zurich on Monday that he would go to the Lausanne-based Court of Arbitration for Sport and to a Swiss human rights court in a bid to get his ban on all football-related activities overturned. "I will...

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(Xinhuanet 09/13/17)
In an effort to promote economic development and solve complex conservation challenges facing world heritage sites, the African World Heritage Fund Patron and former President of Namibia Hifikepunye Pohamba will host a business leader's breakfast event in Namibian Capital, Windhoek on Thursday. The African World Heritage Fund is an initiative of the African Member States of the African Union and UNESCO, launched in 2006. Webber Ndoro, executive director of the African World Heritage Fund, at a media briefing on Tuesday in Windhoek said that the aim of the event is to promote a holistic private sector engagement, raise a sense of ownership and accountability for heritage protection as well as transmission of World Heritage sites...
(AFP (eng) 08/10/17)
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 forefather, had a flat face like that of our far-flung cousin the gibbon, but did not move like one, its discoverers wrote in the journal Nature. They named it Nyanzapithecus alesi after "ales" -- the word for "ancestor" in the Turkana language of Kenya, where the lemon-sized skull was unearthed. The sole specimen is that of an infant that would have grown to weigh about 11 kilogrammes (24 pounds) in adulthood. It had a brain...
(AFP (eng) 05/26/17)
Entertainment | France | film | festival | Cannes | Zambia | witchcraft Cannes, France | AFP | Friday 5/26/2017 - 14:01 UTC+3 | 615 words by Katy Lee Being accused of witchcraft is no laughing matter in Africa -- but movie director Rungano Nyoni decided a dose of humour was just what was needed to tackle a problem rampant in parts of the continent. Set in Zambia, the sharp satire "I Am Not A Witch" has premiered to strong...
(Xinhuanet 04/18/17)
Africa's diaspora is playing a big role in the economic transformation of the continent, the UN said on Tuesday. UN Population Fund (UNFPA) Regional Director Dr Julitta Onabanjo told Xinhua in Nairobi that remittances are important source of income for many African families. "The diaspora therefore complements government efforts to lift many families out of poverty," Onabanjo said on the sidelines of the First Africa-China Conference on Population and Development. Onabanjo said that Africans in the diaspora also bring back...
(AFP (eng) 03/02/17)
A film raging against colonialism and the exploitation of Africa wowed viewers at the continent's top cinema festival Wednesday, winning shouts of approval at a screening packed to bursting point. "The African Storm" tells the story of an African president who nationalises businesses run by racist, cynical Western executives. Directed and produced by its Beninese star Sylvestre Amoussou, it tackles several hot-button issues including an exit from the CFA franc currency, closer ties with Russia and China as opposed to...
(AFP (eng) 02/27/17)
An African road movie about four women wowed its audience Sunday as it kicked off the Panafrican cinema and television festival (Fespaco), a showcase for the continent's burgeoning film industry. "Borders" ("Frontieres") directed by Apolline Traore, a Fespaco laureate in 2013, sweeps across Africa as its protagonists journey through Senegal, Mali, Burkina Faso and Benin on their way to Nigeria. Along the way the women -- Ivorian, Senegalese, Burkinabe and Nigerian actresses -- are spared nothing as they are beset...
(AFP (eng) 10/21/16)
Demand for homegrown contemporary music is sweeping Africa and driving a creative boom in an industry otherwise battered by falling CD sales and rampant piracy. A recent study of the entertainment sector by PricewaterhouseCoopers (PwC) accountants showed rapid earnings growth in many African countries, fuelled largely by live performances by local artists. "Consumers are increasingly wanting local content," Vicki Myburgh, a PwC director who conducted the study released last month, told AFP. "The Nigerian music market... will (soon) grow at...
(AFP (eng) 10/11/16)
Raised on the backstabbing intrigue of 1980s American soaps "Dallas" and "Dynasty", and later, the heady drama of South American telenovelas, Africans are enjoying a surge in local TV content they can finally identify with. It took a while, but in the past decade local programming has soared in sub-Saharan Africa's key economies, a rise driven by both foreign satellite networks and television stations on the continent. This growth has delivered up local shows such as Kenya's comedic "Real Househelps...
(AFP (eng) 09/23/16)
A century after the project was conceived in the throes of racial segregation, and a few months before the first black US president leaves office, the African American Museum in Washington opens Saturday. Here are key facts about the first national museum devoted entirely to showcasing African Americans' life, history and culture. - 1915: A project 101 years old The effort to open, in the US capital, a museum dedicated to the history of the black community "began more than...
(The East African 09/10/16)
The Pan African Federation of Filmmakers (FEPACI) is seeking to raise $200 million from partners over the next two years to fund the continent's audiovisual and cinema sector. The funds will be used to establish centres of excellence in the five regions - East Africa, North Africa, Central Africa, Southern Africa, and West Africa -- and the locations will be decided by the African Council of Ministers of Culture. The money will be used to improve the quality and quantity...
(Voice of America 07/04/16)
To the beat of African drums, a few dozen people gathered at Dallas City Hall Friday to officially kick off the three-day African Film Festival. The event showcases films made by Africans, as well as a few made by non-Africans about issues important to different regions of the continent. City officials hailed the new festival as an expression of the increasing ethnic and cultural diversity in Texas’ second-largest city. Regina Hill Onyeibe, the Africa Liaison for the City of Dallas...
(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...
(Macauhub 06/24/16)
Later this month the government of Mozambique will launch an international tender to select the company that will finance and run the final project for digital migration, the president of Transporte, Multiplexação e Transmissão (TMT) announced in Beijing. This company is an entity made up of public radio, television and telecommunications companies Televisão de Moçambique (TVM), Rádio Moçambique (RM) e Telecomunicações de Moçambique (TDM) in order to operate the system for transmission and distribution of the digital signal. On the...
(Angola Press(En) 05/18/16)
Strengthening of cooperation between Angola and Mozambique in the Media field topped Monday audience the incumbent minister José Luís de Matos granted to the director of Mozambican Information Office, Emilia Moiane. Speaking to the press after the meeting, the director of the Angolan Exchange Office of Media Ministry, Maria de Lourdes Mouzinho, said that the meeting discussed various issues. The official mentioned, among the other topics, the evolution of media in Angola and strengthening of the sector between Angola and...
(AFP (eng) 05/14/16)
On a choice spot overlooking Washington's most stately monuments, a new museum swathed in bronze will showcase the tragedy and triumph of black America. The National Museum of African American History and Culture, 100 years in the making and now almost ready, will fill a gaping void: until now the city had no grand-scale museum dedicated solely to this chapter of US history. Slave cabins, a blacks-only train car from the segregation era and exhibits on the Reverend Martin Luther...
(BBC News Africa 04/24/16)
The influential Congolese music star Papa Wemba has died after collapsing on stage in Abidjan in Ivory Coast, media reports say. Video from the concert shows the artist, who was 66, slumped on the floor as dancers continue to perform, unaware of what is happening. French broadcaster France 24 confirmed the death, quoting his manager. On the African music scene since 1969, Papa Wemba won a world following with his soukous rock music. The Congolese band leader, whose real name was Jules Shungu Webadio, also inspired a cult movement known as the Sapeurs whose members, young men, spend huge amounts of money on designer clothes.
(The Associated Press 09/17/15)
An academic and a journalist have been acquitted of libel charges stemming from a Facebook post criticizing Mozambique's former president, their lawyer said on Wednesday. A judge ruled that criticizing the president was not defamation, defense lawyer Alvaro Pinto Basto said. "The expression contained was not defamation, it was not a crime," said Basto. "My clients are very happy." Economist Carlos Nuno Castel-Branco was charged under a state security law for criticizing Mozambique's former president in a 2013 Facebook post,...
(Macauhub 08/28/15)
The 51st Maputo International Fair (Facim) begins this coming Monday 31 August and counts participation by 2,950 exhibitors, 680 from abroad and the rest Mozambican, the head of the organising body said on Thursday. João Macaringue, president of the Export Promotion Institute (Ipex), told AIM news agency that the event had grown quantitatively and qualitatively. He recalled the appreciation of one exhibitor, a participant since 2011, who said there was a notable difference in the products and how they were...
(Macauhub 07/20/15)
Twenty-eight countries have signed up to take part in this year’s Maputo International Fair (Facim) but to date only 22 have confirmed their presence, said the president of the Mozambican Institute for Export Promotion (Ipex). João Macaringue, who spoke on the sidelines of the opening of the Agro-Livestock and Fisheries Fair, said that domestic companies had come in droves in recent days, after the entries were opened in February. The President of Ipex, cited by Mozambican daily newspaper Notícias, said...
(The Associated Press 07/13/15)
Babajide Olatunji sold his first portrait for about $7. Seven years later, his charcoal renderings of faces with tribal markings sell for thousands of dollars. This 24-year-old's success is part of a new global recognition of the value of contemporary African art. "It's the new 'Scramble for Africa,' no longer for land, gold or diamonds, but for art," said Giles Peppiatt, who holds the only auctions of modern African art outside the continent, at Bonham's in London. "It's a rather...

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(The Guardian 09/18/17)
Anna Jones says that, through selling its cocoa cheaply, Africa is exporting its wealth overseas; while Sue Banford claims that the soya moratorium in the Amazon has done nothing to halt deforestation. Only the final paragraph in your article on cocoa farming causing deforestation in Ivory Coast (Forests pay price for world’s taste for cocoa, 14 September) mentioned the most fundamental thing – the farmer’s livelihood, or lack of it. The low value of his (or more likely her) crop is undoubtedly the cause of this problem. But cocoa farming could also provide the solution. Recently, I was in Ivory Coast for the African Green Revolution Forum (AGRF) in Abidjan. It united many different parties...
(Bloomberg 09/15/17)
Societe Generale SA, challenged on its home turf by Orange SA’s push into banking, is fighting back with a new mobile lender in Africa. The French lender started YUP, a new app for smartphones, in Senegal and Ivory Coast and plans to begin operating in four other sub-Saharan countries this year and next, the company said on Thursday. The bank aims to double its client base to 2 million in the region within three years. “Telcos have opened the way and they’ve gotten ahead,” Alexandre Maymat, who oversees Societe Generale’s operations in French-speaking Africa, said at a press briefing. “We’re catching up” by redefining the retail strategy and providing a broader offering than telephone companies. Chief Executive Officer Frederic Oudea...
(Bloomberg 09/11/17)
The South African companies that dominate the U.K.’s growing private hospital industry are counting on more people like Katie Corrie. A children’s party entertainer, Corrie opted to use 13,000 pounds ($17,000) of her savings and inheritance to get a hip replacement rather than spend months on a National Health Service waiting list. Britons like her are forking out almost 1 billion pounds a year to cover their own medical expenses, a trend that’s giving at least one industry the scope...
(Bloomberg 09/07/17)
African Rainbow Minerals Ltd., the miner chaired by South Africa’s richest black businessman, will pay a record dividend this year as rising iron-ore and manganese prices boosted earnings at its ferrous unit. ARM will pay investors 6.50 rand a share, almost triple that of the previous year, and its 11th consecutive dividend, the Johannesburg-based company said in a statement Thursday. The company benefited from a 45 percent increase in prices received for exported iron ore and 93 percent more for...
(Bloomberg 09/05/17)
A surge in agriculture has helped lift Africa’s biggest economies out of their slumps, but the recovery may be weak. Gross domestic product in Nigeria, the continent’s largest crude producer, advanced for the first time in six quarters in the three months ended June from a year earlier, growing 0.55 percent, the statistics agency said. In South Africa, GDP expanded 2.5 percent from the previous quarter, ending the second recession in almost a decade. Both economies had agriculture largely to...
(Bloomberg 09/04/17)
The worst may be over for Africa’s two largest economies as they likely emerged from a slump in the second quarter. Official data on Tuesday will probably show South Africa’s economy expanded in the three months through June, ending its second recession in less than a decade. Nigeria’s gross domestic product probably grew from a year earlier, and came out of its worst slump in a quarter of a century. South Africa and Nigeria together account for almost half of...
(Bloomberg 08/30/17)
One Thousand & One Voices LLC, a private-equity fund started by the great-grandson of the founder of Coors Brewing Co., said it bought a producer of sushi-quality trout that is the largest such facility in Africa. SanLei’s operations are on the Katse Dam in Lesotho, an enclave surrounded by South Africa, 1K1V, as the fund is known, said in an emailed statement Tuesday. The company didn’t disclose the value of the transaction. SanLei has secured a marketing and distribution agreement...
(Bloomberg 08/24/17)
Every African nation that’s sold dollar debt now has at least one junk rating, but it would be hard to tell by looking at the bond market. The average yield on sovereign Eurobonds in Africa has hovered near the lowest level in two years this month, according to a Standard Bank Group Ltd. index, even after Moody’s Investors Service cut Namibia to below investment grade on Aug. 11. The world’s biggest producer of marine diamonds had been the continent’s only...
(Bloomberg 08/21/17)
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 the lowest rates of energy access in the world and is home to about half of the world’s 1.2 billion people without reliable electricity, according to the International Energy Agency. The problem extends to businesses as well as households, cutting...
(Bloomberg 08/14/17)
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 potential to undermine aid programs in the poorest countries in the world. However, with Congress in control of the budget, it’s unlikely that all cuts proposed by the Trump administration will go ahead...
(Bloomberg 08/02/17)
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: at 37 pounds a kilogram ($22 a pound), it’s more than double a similar supermarket product. "I take Kenyan coffee every morning," said Ochala, who buys...
(Bloomberg 08/01/17)
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 advisers, into allegations of misconduct and is cooperating with the U.K. prosecutor. A BBC report two years ago said BAT had a lobbyist arrange bribes totaling $26,000 for three public officials in Rwanda, Burundi and the Comoros Islands...
(Voice of America 07/25/17)
European and African ministers are meeting in Tunisia about efforts to regulate the flow of refugees from Africa to Europe, primarily along the deadly central Mediterranean route originating in Libya. In a declaration Monday in Tunis, the capital, the ministers said they agreed on a multi-pronged approach to the crisis, including informing people about the risks of illegal migration and the possibility of voluntarily returning home, addressing why migrants leave home and beefing up actions against human traffickers. Participating in...
(Reuters (Eng) 07/24/17)
South Africa's Tongaat Hulett said on Monday it will build a refinery at its Mozambican sugar mill to process brown sugar into white sugar, in a country which has a shortage of refined white sugar. The sugar producer said it will build the 500 million rand ($39 million) refinery at its Xinavane Mill, north of Maputo, with the first production expected in September 2018. Mozambique is a net importer of sugar, although consumption is lower than in neighbor Zimbabwe, the...
(Bloomberg 07/19/17)
Vodacom Group Ltd. sees the expansion of mobile-banking services into new markets in sub-Saharan Africa as a top priority following a shareholder vote to rubber stamp its purchase of a 35 percent stake in Safaricom Ltd., Kenya’s biggest company. “We will use Safaricom to enter other markets where neither Vodacom nor Safaricom are,” Chief Executive Officer Shameel Joosub said in an interview at the wireless carrier’s annual general meeting in Johannesburg on Tuesday. The two businesses have a combined 30...
(Voice of America 07/11/17)
In the past five years, terrorist attacks have killed nearly 20,000 people across Africa. Two groups, Boko Haram and al-Shabab, accounted for 71 percent of reported incidents and 91 percent of fatalities. But, while these and other militant groups remain active, fatal terrorist attacks across the continent are on pace to fall for a second straight year, and the total number of attacks is running far below 2012 highs. These findings are part of VOA’s original analysis of data from...
(Bloomberg 07/10/17)
Many cell phone companies are rethinking their headlong rush into the continent. Only Orange is staying the course. Back when African countries were auctioning off mobile licenses by the boatload to serve the region’s young, tech-savvy population, investing in the continent’s fast-growing economies seemed like a no-brainer. Some of the world’s biggest wireless carriers rushed in. Now they’re wondering if they made a mistake. Increasing government and regulatory scrutiny, as well as a lack of expansion opportunities in sub-Saharan Africa,...
(Voice of America 07/04/17)
GENEVA — The U.N. children’s fund warns tens of thousands of malnourished children are at great risk in Yemen, Somalia and South Sudan, which are on the brink of famine. UNICEF reports an estimated 4.7 million children in the cholera-stricken countries are malnourished. Of these, UNICEF spokesman Christofe Boulierac tells VOA, more than one million are suffering from severe acute malnutrition. “Let me remind you that a child who is suffering from severe acute malnutrition are nine times more likely...
(RFI(EN) 07/04/17)
New tax rules in Israel could leave hundreds of African migrants worse off than they are. In May, the government introduced a new deposit law, enabling the governemnt to take 20 percent of migrants' salaries each month and place it out of reach. The money can only be accessed once they leave the country. Rights groups say the policy is designed to force them out of the country. "We're not pressuring you to leave but will make your life miserable...
(Bloomberg 06/30/17)
The head of the three Mozambican state-owned companies at the center of an audit into their previously undisclosed debts was defiant after the probe criticized his leadership. Antonio do Rosario, in a letter seen by Bloomberg that he authenticated, said Kroll LLC auditors personally attacked him in the report that was published on June 24. He also said he chased Kroll auditors from his office when they were conducting the probe “because they wanted details of questions about state security.” Kroll’s spokeswoman didn’t immediately respond to a voicemail left outside normal business hours requesting comment...

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