Wednesday 21 February 2018
(AFP (eng) 02/19/18)
About 224 million people are suffering from malnutrition across Africa as climate change and conflicts heighten food insecurity across the continent, a top UN food agency official said Monday. The official, speaking at a conference on Africa organised by the UN's Food and Agriculture Organization (FAO), said the situation was a "cause of concern" as the continent's population was expected to reach 1.7 billion by 2030. "Under-nourishment appears to have increased from about 21 percent to nearly 23 percent between 2015 and 2016," Bukar Tijani, FAO's assistant director general for Africa, said at the regional conference that opened on Monday in Khartoum. "Over the same period, the number of under-nourished rose from 200 million to...
(Xinhuanet 01/24/18)
Namibia telecommunications company MTC said Wednesday over 500 new network towers will be built in mainly rural Namibia through a project to bridge urban-rural digital divide. The 081Every1 project, expected to be completed in 2019, will see villages, settlements and outlying areas serviced with 3G technology, said Tim Ekandjo, MTC Chief Human Capital and Corporate Affairs Officer. 081Every1 is a 104-million-U.S.-dollar project officially launched in July 2017 with the aim of realizing Namibia's 100-percent population network coverage goal. Ekandjo said MTC has appointed over 40 Namibian companies as contracting partners to the project. "The 081Every1 project will be a catalyst for change to accelerate the development of rural areas in the country," he said.
(Xinhuanet 12/20/17)
Namibia's economy continued to display a weak performance during the third quarter of 2017, as construction, wholesale and retail, transport and tourism sectors slowed, the central bank said Tuesday. Construction activities continued to contract, primarily due to a slowdown in government construction, Bank of Namibia's Director of Strategic Communication and Financial Sector Development, Emma Haiyambo, said in a statement. "Real turnover in the wholesale and retail trade sector continued to decline, displaying weak activity in all sub-sectors. The real value of buildings completed, as well as activity in the transport sector also slowed...
(AFP (eng) 12/06/17)
Namibia on Wednesday criticised its listing on a new European Union blacklist of tax havens as unjust and biased, blaming the status on missing a deadline to comply. The southern African desert nation is the only sub-Saharan African country named in a 17-nation list of non-EU tax havens. "Namibia is clearly, by any objective criteria, not a tax haven," said Finance Minister Calle Schlettwein. The listing is "unjust, prejudiced, partisan, discriminatory and biased," Schlettwein charged. The list of non-cooperative tax havens adopted by EU ministers on Tuesday also named: American Samoa, Bahrain, Barbados, Grenada, Guam, Macau, the Marshall Islands, Mongolia, Palau, Panama, Saint Lucia, Samoa, South Korea...
(Reuters (Eng) 11/22/17)
JOHANNESBURG (Reuters) - Anglo American’s diamond unit De Beers has ordered a new $142 million diamond mining ship as part of its strategy to grow its offshore operations, the firm said on Tuesday. De Beers said it had signed a memorandum of understanding with Norwegian firm Kleven Verft AS to build what it said would be the world’s largest custom-built diamond mining vessel. The new ship will work alongside the fleet De Beers uses to recover diamonds off Namibia’s Atlantic...
(Xinhuanet 11/17/17)
Sino-African relations have entered a new development stage of win-win cooperation, according to the fifth Biennial Conference of China-Africa Industrial Forum (CAIF) that opened here Thursday. Supporting Africa's industrialization and capacity cooperation are of vital importance in the next five years and Sino-African trade is likely to total 180 billion U.S. dollars in 2017, said CAIF secretary general Cheng Zhigang in the opening speech. Sino-African economic and trade cooperation has great potential, said Cheng. China has been Africa's largest trading...
(Reuters (Eng) 11/14/17)
KIGALI (Reuters) - The global airline industry has $1.2 billion blocked in nine dollar-strapped African countries, the International Air Transport Association (IATA) said on Monday. The global commodities price crash that began in 2014 hit economies across Africa hard, particularly big resource exporters such as Angola and Nigeria. Low oil and mineral prices have reduced government revenue and caused chronic dollar shortages and immense pressure on local currencies. The fiscal slump has meant governments have not allowed foreign airlines to...
(Reuters (Eng) 10/31/17)
HARARE (Reuters) - Economic growth is expected to rise to 3.4 percent in sub-Saharan Africa next year from 2.6 percent in 2017, the IMF said in a report on Monday, but warned that rising debt and political risks in larger economies would weigh down future growth. Nigeria and South African are the biggest economies in Africa south of the Sahara, but both nations have been clouded by political uncertainty linked to the tenure of their leaders. The IMF said a...
(Xinhuanet 10/19/17)
Transit volumes for Zambia via Namibia's Port of Walvis Bay grew by 15 percent over the last financial year, reaching a new high of more than 40,000 tonnes for September 2017, according to Walvis Bay Corridor Group (WBCG) CEO, Johny Smith. Through the recent figures, it is evident of the growing confidence on the Walvis Bay-Ndola-Lubumbashi Development Corridor (WBCNLDC), especially the Zambian market, Smith said Wednesday. According to Smith, since the inception of this route more than a decade ago,...
(AFP (eng) 10/18/17)
Rent-a-room giant Airbnb said Tuesday that it had provided accommodation for 1.2 million visitors to Africa over the last year -- double the previous year as tourism expands across the continent. The website now offers more than 100,000 accommodation options in Africa, global public affairs director Chris Lehane said on a visit to Johannesburg. "It's an incredibly rich and diverse continent, an incredibly dynamic place, certainly a big part of our future," Lehane told AFP. Airbnb was founded in 2008...
(APA 10/16/17)
APA-Dakar (Senegal) - The president of the African Development Bank, Akinwumi Adesina, will deliver the Norman Borlaug Lecture on Monday 16 October as part of the World Food Prize events taking place from October 16 to 20, 2017 in Des Moines, Iowa, USA. The Norman Borlaug Lecture under the title: “Betting on Africa to Feed the World”, will be held on World Food Day, October 16, in conjunction with the annual World Food Prize celebration. AfDB President Adesina will receive...
(AFP (eng) 10/10/17)
Economic growth in sub-Saharan Africa is set to accelerate to 3.4 percent next year, the International Monetary Fund said Tuesday, citing Nigeria's recovering oil and agricultural sectors. The IMF said in its latest World Economic Outlook report that the region would grow by 2.6 percent this year after 1.4 percent in 2016. "Growth is expected to rise gradually," it said, while noting that the rate would be uneven and "barely above population growth". GDP in the west African powerhouse Nigeria...
(Reuters (Eng) 10/05/17)
NAIROBI (Reuters) - Hilton Worldwide Holdings Inc. (HLT.N) plans to spend $50 million over the next five years to add 100 hotels to its chain in Africa, it said on Thursday, joining other chains keen to tap growing business and international travel on the continent. One property will open in the Kenyan capital Nairobi by the end of this year and another in the Rwandan capital Kigali in 2018, it said in a statement. There was 11 percent growth in...
(AFP (eng) 09/29/17)
Government shutdowns of the internet have cost sub-Saharan Africa about $237 million since 2015, according to a study released Friday, as authorities increasingly implement planned disruptions. At least 12 countries have had internet shutdowns, often before elections or when protests erupt, with mobile internet networks most recently suspended in Togo during opposition demonstrations. "Internet disruptions, however short-lived, undermine economic growth, disrupt the delivery of critical services, erode business confidence, and raise a country’s risk profile," the CIPESA report said. The Collaboration on International ICT Policy for East and Southern Africa (CIPESA) released its...
(Bloomberg 09/27/17)
Studio 189, a label founded by actress Rosario Dawson and fashion executive Abrima Erwiah, is reinvesting in its African roots. It’s hard enough to build a fashion brand, let alone an empire. Rare is the person who makes a mission of using fashion to build communities. Such is the case with Studio 189, a label founded by longtime friends Abrima Erwiah (formerly a marketing executive at Bottega Veneta) and Rosario Dawson (an enduring star most recently seen in Netflix’s Marvel...
(Reuters (Eng) 09/26/17)
Israel’s Elbit Systems Ltd said on Tuesday it won a contract worth $240 million to provide a wide array of defense electronic systems to an unnamed country in Africa. The contract, which will be carried out over a two-year period, is comprised of Directed Infra-red Counter Measure (DIRCM) systems to protect aircraft from shoulder fired missiles, based on passive infrared systems, and includes missile warning systems, radio and communication systems, land systems, mini-unmanned air systems and helicopters upgrade.
(Voice of America 09/25/17)
African first ladies and activists hailed progress that some governments on the continent are making on gender equality. They met on the sidelines of the United Nations General Assembly in New York. “We used to have 23 percent female representation in parliament but, with the stroke of a pen it went up to 48 percent. So, we managed to double our female representation with that decision,” said Namibia’s first lady Monica Geingos at a roundtable invitation-only event co-hosted by the...
(New Era 09/22/17)
Eenhana-In the quest to narrow the gender-gap, the Ministry of Gender Equality and Child Welfare continues to empower and create employment for rural women across the country. This week the Ministry of Gender Equality handed over 80 pieces of equipment, valued at over N$900,000 to benefit women through the income-generating activities programme in Oshana, Ohangwena and Oshikoto. Gender Equality Minister Doreen Sioka said the donation was an expression of government’s commitment to share wealth and create employment. “This is also...
(APA 09/19/17)
Botswana, Namibia and Mauritius have missed out on the list of top 10 best investment destinations in Africa in 2018 but are seen as “investment grade” economies, according to a new report by South African-based Rand Merchant Bank. The report, titled “Where to Invest in Africa 2018”, showed that Egypt has now replaced South Africa as the best investment destination on the continent. South Africa lost its traditional spot at the top of the investment rankings. South Africa has ranked...
(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...

Pages