Monday 22 May 2017

Panafrican articles

  • (Reuters (Eng) Monday 22 May 2017)

    Africa will see a lift-off in economic growth this year and next on the back of a rebound in global commodity prices, an annual report predicted on Monday.

    The African Economic Outlook, co-authored by the African Development Bank, the OECD and the United Nations Development Programme, expects the continent's economy to grow by 3.4 percent in 2017 and 4.3 percent in 2018, up from an estimated 2.2 percent last year.

    The report was released as the African Development Bank began its annual meeting, this year being hosted by India in the capital of Prime Minister Narendra Modi's...

(Reuters (Eng) Monday 22 May 2017)

Countries in sub-Saharan Africa need to get their budgets in order, diversify their economies and look after their poorest people.

If they do that, there is no reason why the region cannot have the strong growth needed to meet the aspirations of a young and growing population.

That...

(Reuters (Eng) Saturday 20 May 2017)

France will step up the fight against resurgent Islamist militants in north and west Africa and will work more closely with Germany to help the tinderbox region, President Emmanuel Macron said on his first trip outside Europe on Friday.

Visiting Mali days after taking office, Macron vowed...

(Xinhuanet Friday 19 May 2017)

The UN Economic Commission for Africa (ECA) has reiterated that Africa's economic transformation must be anchored on industrialization to achieve sustainable and inclusive development on the continent.

Over the last six years, ECA has focused a lot of efforts in support of Africa's...

(Reuters (Eng) Friday 19 May 2017)

When rich countries wrote off billions of dollars of African debt in 2005, they hoped governments would think twice about borrowing again in costly foreign currencies.

Over a decade later, most sub-Saharan African countries still rely on U.S. dollar-denominated debt to finance their...

(Bloomberg Thursday 18 May 2017)

Steinhoff International Holdings NV plans to list its African assets separately as the acquisitive retailer seeks a new prize for shareholders following this year’s failed merger talks with Shoprite Holdings Ltd.

The company said Wednesday it will seek to list businesses including...

(Reuters (Eng) Wednesday 17 May 2017)

Gay and lesbian Africans who fled abuse in their home countries face a "culture of disbelief" which makes their experience of seeking asylum in Britain traumatic, a Nigerian lesbian, gay, bisexual, transgender rights (LGBT) campaigner said.

Aderonke Apata, 50, who fled persecution in...

(Bloomberg Tuesday 16 May 2017)

When the impoverished West African nation of Niger imposed a ban on donkey exports last year, a small community of traders just over the border in Nigeria was devastated.

“Before the ban, you could see thousands of donkeys here,” said Mohammed Sani, a 45-year-old trader in the Nigerian...

(Reuters (Eng) Saturday 13 May 2017)

Tackling climate change in Africa could help resolve multiple problems ravaging the continent, from drought to refugees and violence, the head of the African Union said on Friday.

The mix of global warming with economic woes and political conflicts keeps peace from taking hold, said...

(Fox News Wednesday 10 May 2017)

After five years of no major attacks on merchant vessels, piracy around the Horn of Africa seemed to be on hiatus. Acts of piracy in those treacherous waters have fallen sharply since 2012, according to statistics released by the United States Navy. The Navy credits aggressive patrolling by...

(Voice of America Friday 05 May 2017)

As Africa grapples with a severe drought, and famine threatens millions of people, experts at the World Economic Forum on Africa this week in the South African city of Durban say food security needs to be a major part of discussions on advancing the continent economically.

The annual...

(Xinhuanet Thursday 04 May 2017)

The World Economic Forum (WEF) Africa Competitiveness Report 2017 released in Durban Thursday called for urgent policy reforms if the continent intends to create more jobs for its growing young population.

According to the report issued at the 27th WEF on Africa, fewer than one-quarter of...

(Xinhuanet Wednesday 03 May 2017)

African Union (AU) and German officials discussed their cooperation and current issues on the African continent on Tuesday.

The visiting Sigmar Gabriel, Vice Chancellor and Foreign Minister of Germany, met and held talks with Moussa Faki Mahamat, Chairperson of the AU Commission, on the...

(Voice of America Wednesday 03 May 2017)

African military expenditures have finally slowed down after more than a decade of steady increases, according to a new report on global defense spending. The main reason, the report found, is a drop in oil prices.

“The sharp decreases in oil prices has affected quite a number of African...

(Bloomberg Tuesday 02 May 2017)

Saudi Aramco is seeking to boost its fuel-trading volume by more than a third as the world’s biggest crude exporter expands its capacity to refine oil to grab a bigger share of growing markets in Asia and Africa.

Aramco, as Saudi Arabian Oil Co. is known, is building refineries in the...

(Voice of America Friday 28 April 2017)

A low-cost and widely available drug could save the lives of 1 in 3 mothers who would otherwise bleed to death after childbirth, according to a new study.

Severe bleeding, known as postpartum hemorrhage, or PPH, is the leading cause of maternal death worldwide, killing more than 100,000...

(Business Day Ghana Thursday 27 April 2017)

There are currently 960 million mobile subscriptions across Africa – an 80 percent penetration rate among the continent’s population. Internet penetration is at 18 percent with 216 million internet users, according to the latest Jumia mobile trend report for Africa.

The 2017 edition of...

(Xinhuanet Wednesday 26 April 2017)

The Belt and Road (B&R) Initiative is a golden opportunity to bring about regional integration and sustainable economic growth for Africa, said Berhane Gebre-Christos, special envoy of the Ethiopian Prime Minister, on Tuesday.

The special envoy made the remarks at the opening of a...

(Xinhuanet Wednesday 26 April 2017)

Chinese Vice Premier Liu Yandong emphasized here Tuesday the importance of continuously building and improving the China-Africa community of shared future.
The international landscape and the situation in China and Africa may keep on changing, but the importance and necessity of...

(AFP (eng) Monday 24 April 2017)

A new malaria vaccine will be tested on a large scale in Kenya, Ghana and Malawi, the World Health Organization said Monday, with 360,000 children to be vaccinated between 2018 and 2020.

The injectable vaccine RTS,S could provide limited protection against a disease that killed 429,000...

(Bloomberg Thursday 20 April 2017)

WorldRemit Ltd., a British money-transfer operator, sees revenue from transactions involving Africans doubling by 2020 as more people on the continent access mobile-payment platforms and expatriates send cash home.

The seven-year-old company, in which Facebook Inc.-backer Accel Partners...

Pages