Thursday 17 August 2017
(Reuters (Eng) 04/07/17)
Access to off-grid solar energy in rural areas of Africa goes beyond lighting up homes - it also enables people to connect to the wider world and boosts their economic prospects, said the head of one of the continent's biggest solar companies. Azuri Technologies' entry level solar system - for which customers pay a one-off installation fee, then use scratch cards or mobile phone payments to top up on a weekly or monthly basis - provides eight hours of lighting each day. Having power at home for the first time encourages customers to also buy mobile phones, radios and televisions, giving them regular access to the media and the internet, said Simon Bransfield-Garth, chief executive officer of UK-based Azuri. "This...
(Bloomberg 04/05/17)
Mozambique’s attorney-general asked the country’s banks to provide details of former President Armando Guebuza’s accounts as part of an audit of $2 billion of previously undisclosed government loans. The office requested the information about Guebuza and 17 other individuals and an institution for the period January 2012 to December 2016, according to a letter sent to the country’s banks and obtained by Bloomberg. Georgina Zandamela, spokeswoman for the attorney-general’s office, confirmed the veracity of the copy and said the request forms part of an audit being carried out by New York-based risk analysis firm Kroll Inc. of Mozambique’s debt and declined to comment further. Guebuza’s office asked for a letter requesting comment and said a response would be available in...
(Voice of America 04/05/17)
A Red Cross report says African countries are failing their internally displaced people. Reversing that trend was the subject of a high level meeting of the International Red Cross and the African Union that wrapped up Tuesday in Zimbabwe. Africa has about 13 million internally displaced people, a third of the global number of IDPs, and more than double the amount of refugees on the continent. By definition, refugees flee across a national border, while IDPs leave their homes but stay within their own country. African Union Commission head of humanitarian affairs, refugees and displaced people Olabisi Dare says the situation of IDPs in Africa is very critical, dire and worsening. "...The issues that are generating internal displacement [are] multiplying...
(AFP (eng) 04/04/17)
A strong earthquake with a magnitude of 6.5 struck the southern African nation of Botswana on Monday, US seismologists said, with the tremor felt in several neighbouring countries. The epicentre of the quake, which hit at 7:40 pm (1740 GMT), was in a sparsely populated area 238 kilometres (about 150 miles) northwest of Botswana's capital Gaborone, the US Geological Survey said. It struck at a depth of 29 kilometres, and rumbled throughout the capital for about 30 seconds, an AFP correspondent said. In a statement published on social media late Monday, the government of Botswana said no deaths had been reported.
(Xinhuanet 04/04/17)
South African President Jacob Zuma has extended the employment of members of the South African National Defence Force (SANDF) for service in the Mozambique channel on anti-piracy operations, the Presidency said on Monday. This is in fulfillment of the international obligations of South Africa towards the Southern African Development Community (SADC) maritime security, the Presidency said. The employment of the 200 SANDF members has been extended for the period April 1, 2017 to March 31, 2018, said the Presidency. The mission of the SANDF members is to monitor and deter piracy activities along the Southern African Coast of the Indian Ocean. They will continue monitoring and deterring piracy activities along the Southern African Coast of the Indian Ocean, presidential spokesperson...
(Financial Times 04/04/17)
Countries should develop policies to attract labour-intensive production leaving China. China’s initial wave of investments in Africa focused on natural resource extraction. Their demand for metals and energy was so large that it actually boosted global commodity prices overall, which in turn accelerated growth across the African continent. These times of China propping up global commodity prices are now over, as it has built up excess capacity in many sectors and now faces slow investment growth. This lower demand has contributed to the overall slump in global commodity prices since 2014, making it unlikely that China will again fulfil the role of driving commodity prices. Rather, its position has now shifted to becoming the largest exporter of capital. This provides...
(The East African 04/03/17)
Nairobi — The 2017 Mo Ibrahim Foundation annual Governance Weekend will be held in Marrakech - Morocco from April 7-9. A press release from the Foundation identifies the Palmeraie Resort as the venue for this year's meeting. The three-day event brings together prominent African and Africa-focused leaders, civil society representatives, multilateral and regional institutions and Africa's international partners to identify policy challenges and possible solutions. Violent extremism The conversation is normally extended to a wider audience through music, art and sport at major public events, showcasing some of Africa's brightest talent. The Foundation has released a report that sets the stage for high-level discussions in Morocco. The priority areas for the Marrakech talks, according to the report, include violent extremism...
(APA 03/31/17)
Mozambique’s largest commercial bank, the Millennium-BIM says it has posted $75 million in profit in the 2016 financial year. A statement from the bank to APA on Thursday claims the bank’s credit portfolio grew by 19.7 percent, reaching 84.4 billion meticais. The financing of companies during the year under review was 68.4 billion meticais, an increase of 25.6 percent on the 2015 figure, it reveals. During the year, the bank paid the Mozambican state about 3.7 billion meticais in tax. A general meeting of the bank’s shareholders, held in Maputo on Wednesday, approved the annual report and accounts, which showed that Millennium-BIM increased its deposits in 2016 by 9.7 percent, reaching a total of 97.8 billion meticais. According to the...
(Xinhuanet 03/30/17)
The African Union (AU) is extremely appalled by the attacks against African students in Noida and other cities in India. The pan-African bloc has deplored the violence unleashed during the riot that started on Monday targeting Africans of various nationalities, particularly Nigerians, which resulted in loss of innocent lives and serious injuries, the AU said in a statement. The attacks have also resulted in the displacement of many Africans from their normal places of residence, thereby putting their lives in serious danger, it said. AU has expressed heartfelt condolence to the families of the deceased; and it wished speedy recovery to all those who have sustained injuries. AU has called on the Indian authorities to provide all necessary support to...
(AFP (eng) 03/29/17)
The stakes are high in Montepuez where the discovery of rubies has led to violence among miners that has turned the northern town into what some describe as Mozambique's own version of the Wild West. Discovery of the red gemstone in 2009 sparked a "ruby rush", with thousands of miners arriving to seek their fortune, but often finding only grim conditions, conflict and danger. "We have a lot of foreigners who come from a lot of countries to look for rubies," Tania Mabota, chief medical officer of Montepuez Hospital, told AFP. "There's conflict for territory because it's a means of subsistence for the artisanal miners," she added. "One stone is enough for a person to be attacked." The rubies attract...
(Voice of America 03/28/17)
The World Health Organization and U.N. children's fund are spearheading a massive immunization campaign across Africa to rid the continent of the last vestiges of polio. Tens of thousands of health workers will fan out across 13 central and western African countries to vaccinate more than 116 million children under age five against the crippling disease. The U.N. agencies report more than 190,000 volunteers, traveling on foot or bicycle, will go house to house across all cities, towns, and villages in 13 countries to vaccinate every child under age five against polio. The synchronized vaccination campaign, one of the largest ever conducted in Africa, will run from March 25-28. Director of Polio Eradication at the World Health Organization Michel Zaffran...
(Xinhuanet 03/27/17)
There is need for China and its African allies to kick start a new dialogue aimed at revitalizing wildlife and ecological conservation in the world's second largest continent, a conservationist has told Xinhua in an interview. Kaddu Sebunya, president of African Wildlife Foundation (AWF), told Xinhua that Beijing is an indispensable partner in efforts to protect Africa's iconic wildlife species that are grappling with human and climatic induced threats to their survival. "China is playing a big role in Africa's economic development and would like to see it direct more support towards protection of wildlife and vital ecosystems in the continent," Sebunya said. Sebunya noted that China's growing economic and diplomat clout place it at a vantage position to help...
(Andalou Agency 03/24/17)
Capital gains windfall comes as ENI sells gas field stake to Exxon Mobil. Italian energy company ENI will pay Mozambique's government $350 million in capital gains tax after selling part of its stake in a gas field to Exxon Mobil, it was revealed late on Tuesday. The sale concerns Area 4 of the Rovuma basin gas field, the southern African country’s Tax Authority (AT) announced. Tuesday's agreement was sealed in Mozambique’s capital Maputo after four hours of talks between the Italian oil giant and the government. The amount represents 32 percent of part of the $2.8 billion deal between ENI and Exxon Mobil for a 25 percent stake in Mozambique's offshore gas field which holds an estimated 85 trillion cubic...
(Xinhuanet 03/24/17)
A collision between a passengers' minivan and a truck on Wednesday afternoon killed 8 people and injured 14 in northern Nampula province in Mozambique. The minivan driver is among the victims dead in the collision while the truck driver left the accident scene and his whereabouts are still unknown. The truck driver is blamed as the responsible for cutting priority of the mini van as a local witness said. "The truck lost its direction and its driver could not control it because it was at high speed, this is why he changed the direction until the collision with the mini van," a local witness told local media. Central hospital of Nampula province confirmed 8 dead victims and said that injured...
(Xinhuanet 03/24/17)
A group of non-government organizations (NGOs) on Friday called on African leaders to find practical solutions to protect and assist Somali refugees and asylum seekers facing ongoing conflict and a humanitarian crisis in Somalia. In a joint statement issued on the eve of the regional summit on refugees, members of the Regional Durable Solutions Secretariat (ReDSS), Somalia NGO Consortium and the Inter-agency Working Group (IAWG) expressed hope that the leaders will take practical steps towards the development and implementation of a comprehensive regional approach. "It is hoped that such an approach, developed in the spirit of the New York Declaration, will support countries and communities that host Somali refugees in improving asylum space, integrated access to services, inclusive economic opportunities...
(Reuters (Eng) 03/23/17)
The International Monetary Fund hopes an audit into Mozambique's debt burden will be concluded in the next couple of weeks and that the government will publish the results, the head of the IMF's Africa department said on Wednesday. The fund is also looking to base any policies or programs designed for the Central African economic bloc (CEMAC) around maintaining the currency peg the six nations hold against the euro, Abebe Selassie told Reuters in an interview. Debt-ridden Mozambique, one of the world's poorest countries, is struggling to repay loans of more than $2 billion that were not approved by parliament.
(Bloomberg 03/23/17)
Mozambique said Exxon Mobil Corp.’s acquisition of a 25 percent stake in an offshore gas block from Eni SpA will generate capital gains revenue of $350 million. The government expects only to receive payment when the transaction is concluded, Anibal Balango, an official in Mozambique’s tax authority, told reporters in the capital, Maputo, on Tuesday. As a non-resident company, Eni was only eligible to pay tax on half the value of the $2.8 billion deal with Exxon. That value was further reduced to $1.1 billion after existing investments by the Italian company were accounted for, giving a tax rate of about 32 percent, the authority said. The tax windfall from the Exxon deal, announced on March 9, comes as Mozambique...
(Reuters (Eng) 03/23/17)
N'DJAMENA French far-right presidential candidate Marine Le Pen pledged on Wednesday to break with her country's decades-old relationship with Africa known as "Francafrique" and abolish the CFA franc currency policy that binds Paris and its former colonies. Francafrique describes an informal web of relationships Paris has maintained with its former African colonies and its support, sometimes in the form of military backing, for politicians who favor French business interests. Le Pen, one of the frontrunners in the presidential election, spoke at the end of a two-day visit to Chad where she sought to outline her policies regarding the continent, which has long held an important place in French foreign policy. "It was only in coming here and explaining that I...
(AFP (eng) 03/21/17)
Under a cloudless sky in South Africa's northwestern farming region, donkeys still amble along muddy paths, pausing to nibble on grass, oblivious to the threat from a demand for Chinese medicine. The gelatin found in the animals' skin has made them a target, leading to a growing wave of donkey slaughtering in several African countries, as gangs seek to fuel a lucrative, and in South Africa illegal, trade. Animal rights groups say the docile beasts of burden are often cruelly bludgeoned to death before being skinned in backyards and clandestine slaughterhouses. Around Mogosani village, in South Africa's North West province, residents say syndicates catch the animals in grazing fields and pens. Soon after, skinned carcasses with hooves chopped off are...
(AFP (eng) 03/20/17)
A young Mozambican football player was snatched and killed by a crocodile while training along the banks of a river, his club said on Monday. Estevao Alberto Gino, 19, who played for Mozambique's second division club Atletico Mineiro de Tete, lived near the Zambezi river in the western province of Tete. The incident happened last Thursday. "On that night, he was training and after jogging he stretched his hands into the water and that was when the crocodile caught him," coach Eduardo Carvalho told AFP. Two neighbours who witnessed the attack estimated the crocodile to have been about five-metres (16-feet) long, and "they could not do anything"

Pages