Monday 24 July 2017
(Xinhuanet 02/14/17)
Mozambican police authorities said on Monday that three people were killed by thunder lightning strikes during the rains last week in northern Nampula province. "The police has been in the scene and collected the bodies, handed them to the families for funeral services." Police spokesperson Zacarias Nacuti said to the media. During this rainy season in Mozambique, a number of incidents are reported and most of them are caused by thunder lightning strikes. Last week, the police authorities said 47 people died since the rainy season started in October last year, most of them were killed by thunder.
(Bloomberg 02/14/17)
Mozambique’s central bank will introduce a prime lending rate in two months and immediately removed a curb on how much citizens can spend overseas using their bank cards. The introduction of the new rate on April 15 “is intended to strengthen the mechanism for the formation of interest rates on the market as a whole and to make it more transparent,” Governor Rogerio Zandamela told reporters Monday in the capital, Maputo. He removed a 700,000-metical ($9,950) annual limit on payments that people can make outside of the southern African nation using international bank cards. The end of the curb is immediate, Zandamela said as his Monetary Policy Committee kept the benchmark rate at 23.25 percent. Zandamela, a former International Monetary...
(Reuters (Eng) 02/14/17)
Mozambique is prone to flooding and is especially vulnerable after a scorching drought last year. A tropical storm heading for the coast of southern Mozambique is expected to develop into a cyclone with winds of up to 118 to 165km per hour, the South African Weather Service said on Tuesday. Mozambique, one of the world’s poorest countries which is in the throes of a debt and financial crisis, is prone to flooding and is especially vulnerable after a scorching drought last year, as soils degraded or hardened by dry spells do not easily absorb water. Heavy rains could also impact subsistence maize farmers at a time when Mozambique is one of several countries in the region battling an infestation of...
(Voice of America 02/14/17)
U.S. President Donald Trump made his first phone calls to African heads of state Monday, speaking with Nigerian President Muhammadu Buhari and South African President Jacob Zuma. Nigeria and South Africa said the calls were made at the request of the U.S. president, who until now has said little about Africa or African issues since assuming office last month. The Nigerian presidency said Trump and Buhari discussed issues of terrorism, and said Trump assured Buhari the United States is ready to make a new deal to help Nigeria "in terms of military weapons." The statement said Trump also commended Buhari for the strides Nigeria is making against Islamist radical group Boko Haram, and invited Buhari to come to Washington at...
(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 choice for regular Champions League entrants Coton Sport from northern Cameroon cotton town Garoua. Coton qualified for the 2008 final, losing to Al Ahly of Egypt, but have fared poorly recently with first round exits in the past two seasons...
(Standard Digital 02/09/17)
Hundreds of business and political personalities yesterday attended a German-African economic summit in Nairobi, where German Minister for Economic Cooperation and Development Gerd Mueller talked about his “Marshall Plan” for Africa. The plan is “with Africa, not for Africa,” Mueller (pictured) said, stressing that it would be based on cooperation between equals rather than the principles of traditional development aid. The plan, which Mueller presented to the German parliament’s development committee on Wednesday, is based on fair trade conditions, investment and increasing aid for educational projects. One of the goals of the plan, which the German opposition received with scepticism, is to curb migratory flows from Africa to Europe. Mueller called on German companies to focus on Africa, which he...
(Xinhuanet 02/08/17)
The World Food Program (WFP) plans to assist 700,000 people via its food aid programs in central and southern Mozambique, the agency announced Tuesday in Maputo. The assistance is part of the response to the weak agricultural performance negatively influenced by droughts that has hit the country in the past 2 years. "The total number of people benefited from our support was at 650,000 by last December and we expect to assist 700,000 people monthly until March this year," said Karin Manente, the agency's country director in Mozambique.
(AL Jazeera 02/08/17)
The EU must espouse a transnational approach with a clear development agenda that replaces its current security policy. One year ago, 22-year-old Patrick left Douala, the largest city in Cameroon, to become a football star in Europe. A talented midfielder and an ambitious young man, Patrick felt compelled to reach Europe to help him to realise his dreams. But, as he passed through Agadez in Niger, which has become a major transit hub for migrants taking the Central Mediterranean route, reality proved to be grimmer than he had anticipated. Patrick and two of his male relatives, also travelling from Douala, were beaten, robbed and held captive by organised predatory groups. Finally, their tumultuous journey came to an end in Algeria,...
(Bloomberg 02/06/17)
Prem Watsa’s Fairfax Financial Holdings Ltd. is expected to raise about $500 million for its new African investment fund, attracting less than its original goal as investor interest in the region proved weaker than anticipated, according to people familiar with the matter. The Toronto-based insurer sought to raise as much as $1 billion at $10 a share for Fairfax Africa Holdings Corp. in an initial public offering on the Toronto Stock Exchange, according to a regulatory filing in December. Fairfax said it had secured as much as $416 million in commitments for the African venture from both its own funds and partners, including the Ontario Municipal Employees Retirement System, a Canadian pension fund and CI Investments Inc., according to the...
(AFP (eng) 02/03/17)
Mozambique President Filipe Nyusi said Friday a fresh round of peace talks aimed at ending a low-level conflict between government and Renamo rebels would resume soon, but without international mediation. Mediators from the European Union had overseen the initial stages of the talks that began last July, but they left the country in December without securing a truce. In a speech, Nyusi said he had written to all the international mediators who had participated in the dialogue, thanking them for their role in diffusing tensions between the two sides. "I expressed the deep gratitude of Mozambicans for their valuable contribution to the quest for peace
(Xinhuanet 02/03/17)
T20 Africa Conference, the meeting for the G20 think tanks and African countries, ended on Friday in Johannesburg with a commitment to accelerate cooperation between the G20 and Africa. The three-day conference aimed to chart a course for the future cooperation between Africa and the G20. The day ended with the formulation of the communique which will be given to the current G20 chair Germany. The communique will also be the reference for further discussion between Africa and T20. T20 comprises of the G20 think tanks. Dr. Christine Hackenesch, researcher at the German Development Institute (DIE) said, "There was an agreement that there must be a continuous and sustained engagement between G20 and Africa because there is a strong dependence...
(Reuters (Eng) 02/02/17)
African leaders have backed a "strategy of collective withdrawal" from the International Criminal Court (ICC), but it came with unspecified reservations, an African Union official said on Wednesday after this week's African Union summit. The official did not give details about the strategy or the reservations, but it highlights broad antipathy towards the court among Africans who feel the ICC unfairly targets them. A document seen by Reuters before the summit proposed a co-ordinated withdrawal unless the ICC was reformed. It included a call for "regionalization" of international law, a reference to proposals for an African war crimes court. Almost a third of the ICC's 124 members are African, and a withdrawal by a large number of them would cripple...
(Xinhuanet 02/01/17)
The International Fund for Agriculture Development (IFAD) pledged Tuesday to disburse 25 million U.S. dollars in 2017 to Mozambique, to be used in boosting food production in the country, particularly among small scale producers. IFAD president Kanayo Nwanze is visiting Mozambique since Monday. "IFAD is engaged to the development of the country's agriculture, particularly aquaculture, to boost the value chain in the corridors of Maputo and Limpopo," said Nwanze to an audience granted by Mozambique Prime Minister Carlos Agostinho de Rosario on Tuesday. The fund aims to increase the capacity of small scale producers for better production
(Macauhub 02/01/17)
The World Bank and the United Kingdom’s Department for International Development (DFID) will support the second phase of reconstruction of roads in the southern province of Gaza, Mozambique, a project with an estimated cost of US$170.5 million, announced the Mozambican Minister of Public Works, Housing and Water Resources. The reconstruction works cover 190 kilometres of roads damaged during the floods that ravaged the country between 2012 and 2013. The government of Mozambique will contribute US$42.5 million and the World Bank and DFID will provide US$113 million and US$15 million, respectively. The funds in question will allow the second phase of reconstruction of roads to begin next February, and the work is expected to take 18 months. Mozambican news agency AIM...
(Xinhuanet 02/01/17)
Newly elected senior officials of the African Union (AU) Commission, including Chairperson and Deputy Chairperson of the AU Commission, were sworn in on Tuesday at the conclusion of the 28th AU summit in Ethiopia's capital Addis Ababa. In addition to the two top officials, other officials took the oath for positions including, peace and security; political affairs; trade and industry; social affairs; infrastructure and energy; and rural economy and agriculture. The 28th AU summit also elected Alpha Conde, President of the Republic of Guinea, for a rotating chairmanship of the African Union. In his acceptance speech on Monday, Conde said, "It is with honor and humility that I accept to preside at the destiny of our Organization during the year...
(AFP (eng) 01/29/17)
Mozambique's rebel leader Afonso Dhlakama has accused government forces of violating a ceasefire his armed group Renamo had declared following a surge in deadly violence last year. Dhlakama, who only gives rare interviews by phone from the central Gorongosa mountains where he has been holed-up since October 2015, claimed the government was not taking its ceasefire overtures seriously. The army "ambushes, kidnaps and detains" rebels and Renamo supporters, he told AFP in an interview on Friday. "There have been deaths," he claimed but gave no details. On January 3, Dhlakama announced a two-month ceasefire, extending a week-long truce he had declared in late December -- a move welcomed by Mozambique's
(Xinhuanet 01/28/17)
The African Union (AU) has been endeavoring to ensure robust, resilient and long-lasting economic transformation of Africa through promotion of infrastructure and energy development on the continent, noted Elham Mahmood Ibrahim, AU Commissioner for Infrastructure and Energy. Speaking at a press conference Friday ahead of the 28th AU leaders' summit here, the commissioner said the pan-African bloc has scored achievements in its flagship projects and programs on the development of energy, transport as well as in the information and communication technology (ICT) areas, which she said are the biggest priorities in Africa's infrastructure sector. In cooperation and coordination with its regional, continental, and international partners, AU has been committed to development of infrastructure on the continent, which facilitates trade, economic...
(Bloomberg 01/27/17)
Barclays Africa Group Ltd. was targeted by protesters who entered one of its branches on Thursday and demanded the bank pay back money from a bailout provided to a company it bought before the end of apartheid. Demonstrators linked to the youth league of South Africa’s ruling African National Congress gathered outside the branch in Durban on South Africa’s east coast, Johannesburg-based Barclays Africa said in an e-mailed response to questions. Police ensured customers and staff were protected during the incident, it said. The protests come after the leaking of a draft report compiled by South Africa’s graft ombudsman that said Barclays Africa, which traded as Absa then, may have unduly benefited from state support when it bought Bankorp in...
(Xinhuanet 01/26/17)
Mozambique signed six agreements with Turkey on Tuesday in Maputo, including on scrapping service and diplomatic visa between the two countries. The agreements were signed between the president of Mozambique Filipe Nyusi and the Turkish president Recep Tayyip Erdogan who is on 2-day visit to Mozambique accompanied by senior officials and 150 businessmen from his country. The other agreements are in the areas of political consultation, commercial and economic cooperation, culture and tourism, reciprocal protection of investments and education. In the education sector, Turkey promised to provide scholarship to the Mozambican students also as part of the agreement.
(Xinhuanet 01/26/17)
Adopting African Continental Free Trade Area (CFTA) has been named a major task for the African Union (AU) this year as the 30th session of its Executive Council opened on Wednesday. In her remarks at the opening of the meeting, Nkosazana Dlamini-Zuma, Chairperson of the AU Commission, called for member countries' commitment to meeting the first target in Agenda 2063 of commencing the CFTA by end of 2017. She underlines the need "to do what needs to be done on the free movement of persons, so that we unlock opportunities for intra-African trade, studies, business and tourism." In her remarks at the opening of the 33rd session of the AU Permanent Representatives Committee on Sunday, Dlamini-Zuma said the AU's major...

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