Wednesday 20 September 2017

Niger

(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...
(AFP (eng) 09/15/17)
Flooding unleashed by three months of torrential rain in Niger has killed at least 50 people and displaced nearly 120,000, according to fresh UN data out Thursday. The capital Niamey has been hardest hit along with Dosso in the south, Tillaberi in the west and the central-southern areas of Maradi and Zinder, said the UN Office for the Coordination of Humanitarian Affairs (OCHA). Twenty-one of the 50 fatalities were in the capital, while across the country 47 had been injured and some 117,600 displaced as of Monday by the flooding. Flooding claimed more than 50 lives last year. The recovery from the disastrous rains promises to be long, with some 9,000 dwellings and 31 schools destroyed. Food production will also...
(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...
(AFP (eng) 09/14/17)
"Sai wahala!" -- in Hausa means "there's big trouble" -- exclaims Zara Moustapha, living with more than 12,000 displaced Nigeriens and refugees from Nigeria in the N'Gagam desert camp in southeast Niger. "There's the heat, nothing to eat, no clothes, no right to leave the camp -- it's a little hell on earth," says the mother from Malam Fatori in northeast Nigeria, a battleground between the army and the jihadists of Boko Haram, notorious for their atrocities. Seated on a mat laid on the burning sand in an improvised shelter, the United Nations' new chief of humanitarian affairs and emergency relief...
(Reuters (Eng) 09/14/17)
NIAMEY, NIGER — Mali and Niger, two of the West African nations hit hardest by jihadist violence, appealed Wednesday for international funding for a regional force they have set up to counter Islamist insurgencies. Mali's President Ibrahim Boubacar Keita and Niger's Mahamadou Issoufou said the force assembled by the G5 Sahel bloc — Mali, Mauritania, Burkina Faso, Niger and Chad — was crucial to fighting a threat that went well beyond their borders. "We bring this combat against terrorism not...
(Reuters (Eng) 09/14/17)
LONDON (Thomson Reuters Foundation) - Your afternoon chocolate bar may be fuelling climate change, destroying protected forests and threatening elephants, chimpanzees and hippos in West Africa, research suggests. Well-known brands, such as Mars and Nestle, are buying through global traders cocoa that is grown illegally in dwindling national parks and reserves in Ivory Coast and Ghana, environmental group Mighty Earth said. “Every consumer of chocolate is a part of either the problem or the solution,” Etelle Higonnet, campaign director at...
(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...
(Voice of America 09/12/17)
BUDUA, CAMEROON — The head of the multinational task force fighting Boko Haram says the war against the militants is being won, but warned that suicide bombings remain a threat, killing close to 400 people in Nigeria and Cameroon since April. Soldiers from the 7,800-person task force have been stationed in several towns and villages along the Nigeria-Cameroon border since those communities were liberated from Boko Haram a little over a year ago. The force's commander, Nigerian-born General Lucky Irabor, visited four communities along the border on Saturday to reassure local residents and rally the troops.
(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...
(AFP (eng) 09/10/17)
The Niger Basin Authority issued a warning Saturday of possible flooding in Benin and Nigeria, two countries downstream on the river, which is currently flooding in Niger. "We appeal to all residents downstream (of the Niger River)... because the water keeps rising," the NBA's Soungalo Kone said late Saturday, speaking on Niger television. The NBA has issued its second-highest alert level of orange, warning that further flooding is highly likely following months of heavy rain in Niger and Mali. "It's a question of hours to get to a red alert -- the waters can rise very suddenly," said Lawan Magadji, Niger's minister of disaster
(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...
(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...
(AFP (eng) 09/05/17)
France unveiled plans on Tuesday to start using armed drones, joining a growing number of countries worldwide to operate the deadly unmanned aircraft. "I decided to begin the process of arming our intelligence and surveillance drones," Defence Minister Florence Parly told a gathering of recruits and lawmakers in the southern port city of Toulon. France currently operates a handful of unarmed Reaper drones as part of its presence monitoring jihadist groups in Africa's Sahel region. Parly said the military planned to equip six unmanned aerial vehicles purchased from the United States with "precision guided"
(AFP (eng) 09/05/17)
A spurt in attacks by Boko Haram Islamists has claimed nearly 400 lives since April in Nigeria and Cameroon, double the figure of the previous five months, Amnesty said Tuesday. The increasing use of suicide bombers -- often young women and girls forced to carry and detonate explosives in crowded areas -- has killed at least 381 civilians in the two countries, the rights group said in a statement. "Boko Haram is once again committing war crimes on a huge scale, exemplified by the depravity of forcing young girls to carry explosives with the sole intention of killing as many people as they possibly can," said Alioune Tine, Amnesty International's director...
(Reuters (Eng) 09/05/17)
LONDON (Thomson Reuters Foundation) - The number of children suffering from life-threatening malnutrition across the Lake Chad Basin - about 800,000 - has soared since last year, and could spiral further as Boko Haram ramps up attacks in the region, an aid agency said on Tuesday. The jihadists’ brutal eight-year insurgency has forced millions of people to flee their homes, driven farmers from their land and disrupted aid delivery, leading to a “devastating food crisis”, according to the Norwegian Refugee...
(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...
(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...
(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...

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(AFP (eng) 09/15/17)
Flooding unleashed by three months of torrential rain in Niger has killed at least 50 people and displaced nearly 120,000, according to fresh UN data out Thursday. The capital Niamey has been hardest hit along with Dosso in the south, Tillaberi in the west and the central-southern areas of Maradi and Zinder, said the UN Office for the Coordination of Humanitarian Affairs (OCHA). Twenty-one of the 50 fatalities were in the capital, while across the country 47 had been injured and some 117,600 displaced as of Monday by the flooding. Flooding claimed more than 50 lives last year. The recovery from the disastrous rains promises to be long, with some 9,000 dwellings and 31 schools...
(AFP (eng) 09/14/17)
"Sai wahala!" -- in Hausa means "there's big trouble" -- exclaims Zara Moustapha, living with more than 12,000 displaced Nigeriens and refugees from Nigeria in the N'Gagam desert camp in southeast Niger. "There's the heat, nothing to eat, no clothes, no right to leave the camp -- it's a little hell on earth," says the mother from Malam Fatori in northeast Nigeria, a battleground between the army and the jihadists of Boko Haram, notorious for their atrocities. Seated on a mat laid on the burning sand in an improvised shelter, the United Nations' new chief of humanitarian affairs and emergency relief...
(Voice of America 09/12/17)
BUDUA, CAMEROON — The head of the multinational task force fighting Boko Haram says the war against the militants is being won, but warned that suicide bombings remain a threat, killing close to 400 people in Nigeria and Cameroon since April. Soldiers from the 7,800-person task force have been stationed in several towns and villages along the Nigeria-Cameroon border since those communities were liberated from Boko Haram a little over a year ago. The force's commander, Nigerian-born General Lucky Irabor, visited four communities along the border on Saturday to reassure local residents and rally the troops.
(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...
(AFP (eng) 09/10/17)
The Niger Basin Authority issued a warning Saturday of possible flooding in Benin and Nigeria, two countries downstream on the river, which is currently flooding in Niger. "We appeal to all residents downstream (of the Niger River)... because the water keeps rising," the NBA's Soungalo Kone said late Saturday, speaking on Niger television. The NBA has issued its second-highest alert level of orange, warning that further flooding is highly likely following months of heavy rain in Niger and Mali. "It's a question of hours to get to a red alert -- the waters can rise very suddenly," said Lawan Magadji, Niger's minister of disaster
(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...
(AFP (eng) 09/05/17)
France unveiled plans on Tuesday to start using armed drones, joining a growing number of countries worldwide to operate the deadly unmanned aircraft. "I decided to begin the process of arming our intelligence and surveillance drones," Defence Minister Florence Parly told a gathering of recruits and lawmakers in the southern port city of Toulon. France currently operates a handful of unarmed Reaper drones as part of its presence monitoring jihadist groups in Africa's Sahel region. Parly said the military planned to equip six unmanned aerial vehicles purchased from the United States with "precision guided"
(AFP (eng) 09/05/17)
A spurt in attacks by Boko Haram Islamists has claimed nearly 400 lives since April in Nigeria and Cameroon, double the figure of the previous five months, Amnesty said Tuesday. The increasing use of suicide bombers -- often young women and girls forced to carry and detonate explosives in crowded areas -- has killed at least 381 civilians in the two countries, the rights group said in a statement. "Boko Haram is once again committing war crimes on a huge scale, exemplified by the depravity of forcing young girls to carry explosives with the sole intention of killing as many people as they possibly can," said Alioune Tine, Amnesty International's director...
(Reuters (Eng) 09/05/17)
LONDON (Thomson Reuters Foundation) - The number of children suffering from life-threatening malnutrition across the Lake Chad Basin - about 800,000 - has soared since last year, and could spiral further as Boko Haram ramps up attacks in the region, an aid agency said on Tuesday. The jihadists’ brutal eight-year insurgency has forced millions of people to flee their homes, driven farmers from their land and disrupted aid delivery, leading to a “devastating food crisis”, according to the Norwegian Refugee...
(AFP (eng) 08/29/17)
African and European leaders on Monday backed proposals to screen asylum seekers in Africa as a way to prevent thousands from taking perilous journeys across the Mediterranean. Hosting the talks in Paris, French President Emmanuel Macron suggested setting up "fully safe areas" in Niger and Chad -- key transit points for migrants -- where asylum-seekers would be processed by the UN refugee agency UNHCR. The leaders signed a roadmap on the proposal, though there were as yet few details on how it might work. A joint mission will be sent to Niger and Chad soon, they said in a statement after the mini-summit.
(The Associated Press 08/29/17)
NIAMEY, Niger (AP) -- Niger's government says torrential rains have killed at least 44 people in the capital and other parts of the West African country. Director General of Civil Protection and Disasters Col. Aboubacar Bako said Tuesday that hundreds of homes were destroyed in rains just outside Niamey on Monday. He says the rains began Saturday in the capital and surrounding areas. Saley Abdouhe, the head of Gabougoura village, has appealed to residents in at-risk areas to evacuate and...
(AFP (eng) 08/29/17)
Gaou Moussa stands in front of his family home nestled in the dense vegetation of Chad's Tchoukouli island, where burnt straw and charred wood still litter the ground from a Boko Haram attack three years ago. "They killed my brother and we fled," he said. Tchoukouli -- one of hundreds of tiny interconnected islands about an hour's canoe ride from Lake Chad's northern banks -- is coming back to life. Despite the ongoing threat posed by the Islamist insurgents, fishermen...
(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,...
(AFP (eng) 08/28/17)
Authorities in Niger urged thousands of residents on Sunday to evacuate homes threatened by heavy rains that lashed Niamey, following floods that have killed 16 people in the capital since June. "I am calling on all residents to evacuate the flood zones and immediately leave homes that are close to collapsing," the governor of the Niamey region, Soumana Ali Zataoua, said in a televised address. Two people, a father and son, were killed Saturday when a wall collapsed, according to...
(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...
(Bloomberg 08/18/17)
Islamist militant attacks in West Africa are increasing in intensity. High-profile strikes on resorts and restaurants that have shattered the area’s tourist industry get most of the attention. Yet barely a week goes by without a deadly incident in a remote rural zone where some of the world’s poorest people live. Instability in the region affects Europe because it benefits organized crime networks which are engaged in the smuggling and trafficking of migrants to the shores of Italy. 1. What’s...
(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 08/10/17)
The third edition of the International Youth Forum kicked off in Niamey on Wednesday under the theme "Implementation of UN Security Council Resolution 2250-2015 and illegal migration in West Africa and Sahel.” 16 African countries are represented at this meeting of African youth organized jointly by the regional office of the Pan-African Union of Youth and Niger’s National Council of Youth (CNJN). For two days delegates will discuss the UNSC resolution which Niger’s minister of State, Albade Abouba said "urges us to examine ways and ...
(AFP (eng) 08/09/17)
Rescue teams have saved a thousand African migrants abandoned by people smugglers in the Niger part of the Sahara desert in recent months, the UN's International Office of Migration (IOM) said Wednesday. "A total of 1,000 migrants have been rescued since April of this year in northern Niger by the (IOM's) search and rescue operations," the agency said. "More dangerous routes are being used by smugglers," it said, after carrying out a six-day assessment of the Tenere desert and in Niger's border region with Libya, where migrants wait to cross the Mediterranean to get to Europe. The IOM is running search and rescue operations under the so-called ...
(Reuters (Eng) 08/09/17)
DAKAR (Thomson Reuters Foundation) - Traffickers in Niger are taking African migrants dreaming of reaching Europe on more dangerous routes through the Sahara desert in order to avoid detection after a government crackdown on smuggling, the U.N. migration agency said on Tuesday. The International Organization for Migration (IOM) said it had rescued 1,000 migrants since April in Niger's desert north, a transit point to Libya, from where more than 600,000 people have set out on flimsy boats for Europe in...

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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...
(Reuters (Eng) 09/14/17)
LONDON (Thomson Reuters Foundation) - Your afternoon chocolate bar may be fuelling climate change, destroying protected forests and threatening elephants, chimpanzees and hippos in West Africa, research suggests. Well-known brands, such as Mars and Nestle, are buying through global traders cocoa that is grown illegally in dwindling national parks and reserves in Ivory Coast and Ghana, environmental group Mighty Earth said. “Every consumer of chocolate is a part of either the problem or the solution,” Etelle Higonnet, campaign director at...
(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...
(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...
(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...
(Xinhuanet 08/22/17)
African officials on Monday called for urgent infrastructural development and regional integration to boost the continent's economy. At the Infrastructure Africa 2017 in Johannesburg, Zambian Minister of Finance Felix Mutati encouraged Africans to speedily address infrastructural deficit. "We have to inject some sense of urgency in ourselves. If we remain captured by business as usual, we are headed for disaster," said Mutati at the opening ceremony of the two-day event. "Competitiveness in Africa is being constrained by infrastructure deficit. We...
(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...
(Xinhuanet 08/09/17)
The United States Trade Representative (USTR) on Wednesday affirmed the commitment of his country to Africa and saw "great potential to grow and deepen trade relationship." Robert E. Lighthizer expressed this in opening speech of the ministerial plenary as part of the 16th Forum of the Africa Growth and Opportunity Act (AGOA), on Wednesday here in Togolese capital Lome. "The United States is committed to Africa. We see great potential to grow and deepen our trade relationship, with the goal...
(Xinhuanet 08/03/17)
Trade between China and Africa reached 85.3 billion U.S. dollars in H1, surging 19 percent year on year as the two sides strengthened cooperation in a wide range of areas, official data showed Thursday. The data reversed the negative growth trend since 2015, according to Gao Feng, spokesperson with the Ministry of Commerce. During January-June, Chinese imports from Africa, including minerals, agricultural products and fruits, amounted to 38.4 billion U.S. dollars, jumping 46 percent from the same period last year,...
(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...
(Reuters (Eng) 07/28/17)
Barclays reported a 1.2 billion pound ($1.57 billion)attributable first half loss on Friday after taking a 2.5 billion pound hit from the sale of its Africa business and calling an end to its restructuring. The British bank said it had made a 1.4 billion pound loss on the sale of 33 percent of Barclays Africa Group, and took a further 1.1 billion pound impairment charge on the sale. Barclays in June cut its stake in Barclays Africa Group to 15...
(AfricaNews 07/27/17)
At a time when Africa is going through a difficult situation, the blue economy is emerging as a stepping stone to relaunch the continent in the right economic direction. But this type of economy is seriously threatened by “predators” who do not hesitate to plunder resources. The “cancer of illegal fishing” costs Africa about $ 1.6 million annually based on Economic Commission for Africa’s estimates. This and more on this week’s edition segment on Business on the Morning Call with...
(Reuters (Eng) 07/20/17)
JOHANNESBURG (Reuters) - Africa's major central banks are entering an easing cycle as they try to stimulate growth after months of drought, austerity drives and confidence issues across the continent, a Reuters poll found on Thursday. Much of southern and eastern Africa is still recovering after an El Niño-related drought wilted crops last year. Poor business confidence in South Africa and foreign exchange restrictions in Nigeria have also hampered growth. "We expect that African monetary policy is entering a widespread...
(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...

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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...
(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 at his best in the 800m, where a clutch of athletes are suddenly dreaming of glory in the absence of Kenya's injured champion David Rudisha. Kenya is expected to continue its dominance of the men's 3,000m steeplechase - though American...
(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) 06/13/17)
As Africa's smuggling capital, a dusty city in central Niger has found its local football team boosted by an unexpected influx of new players: migrants in limbo awaiting passage to Europe. Located on the edge of the Sahara, Agadez is a major transit point for migrants hoping to travel north to seek work in either Libya or Algeria or to try to risk the hazardous boat journey to Europe. But hundreds have been stuck here after running out of money,...
(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...
(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...
(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...
(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...
(Xinhuanet 11/25/15)
(Xinhua) -- Confederation of African Athletics (CAA) believes its officials are targeted negatively in the fight against doping that is bedeviling track and field discipline at the moment. CAA believes embattled International Association of Athletics Federation (IAAF) former president Lamine Diack is being condemned without trial for abetting doping.
(This Day Live 09/14/15)
After running previous 11 editions, as the All Africa Games, the Games has now been renamed the 'African Games,' an official revealed at the weekend. The Games returned to its birthplace, Brazzaville, in 2015, where it was first held 50 years ago in 1965 as the All Africa Games. The Games are expected to be held every four years. However, for one reason or the other, the four yearly cycle has not been maintained. According to the Executive Secretary of...
(Caj News Africa 07/03/15)
Johannesburg — A number of countries that won their opening matches for the CAF 2017 African Nations Championship (CHAN) are tipped to progress to the next stage while others face an uphill task. Among the highlights of the preliminary rounds is an East African Derby pitting Kenya and Ethiopia with the former expected to sail through after an impressive 2-0 away win in Addis Ababa in the first leg two weeks ago. Down south, Bafana Bafana , as South Africa...
(CNN 06/20/15)
(CNN)The insults are crude, but they hit home hard. The players of Koa Bosco have suffered many such racial taunts since their football club was formed in 2013. On occasion, physical violence has even flared on the pitch, says the Italian team's manager Domenico Mammoliti. "The ignorance of some people..." he sighs, revealing a hint of exasperation at the abuse he says his players have endured. Life in the Italian lower leagues is clearly tough. Yet it's nothing compared to the journey undertaken by this team of African immigrants and refugees from countries such as Ghana, Senegal, Gambia, Burkina Faso, Mali, the Ivory Coast, Togo and Sudan.

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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...
(Agence Ecofin 07/13/17)
UNESCO has added to its World Heritage list the W-Arly-Pendjari (Wap) Complex, according to a statement released by the UNESCO World Heritage Committee last Friday. This natural reserve spans across three nations, namely: Niger, Benin and Burkina Faso. It is the largest protected reserve of West Africa. For the UNESCO World Heritage Committee, the Wap complex “includes the largest and most important continuum of terrestrial, semi-aquatic and aquatic ecosystems in the West...
(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...
(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...
(Voice of America 05/03/16)
The band Tal National has been touring the deserts of Niger for the past 15 years and making a name for itself on the world stage. But the group aspires to more than just great music. It wants to bring Niger together amid unprecedented security threats. VOA caught up with the band in The Hague during its European tour. Despite its size, Niger has not produced as many world class music acts as its neighbor, Mali. Yes, there is Bombino...
(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.
(BBC News Africa 11/25/15)
One of Africa's foremost fashion shows, the Fima festival in Niger, has been called off by authorities amid security fears, the organiser has announced. It follows the recent attacks in Paris and also in Mali, where 22 people were killed in a raid on a luxury hotel last week, couturier Alphadi said. About 1,000 designers, models and celebrities were due to attend. Niger is battling the Nigerian-based jihadist group Boko Haram in the south-east of the country. Since February, hundreds...
(Vanguard 06/25/15)
Grammy Award winning R&B icon, NE-YO, has been announced to perform at the MTV Africa Music Awards 2015. Performing songs from his sixth studio album 'Non Fiction' the singer-songwriter expressed his excitement about his first ever performance in the South African city, "I can't wait for you to see what I have in store Durban! I hope you're ready, because I am!" Since smashing onto the top spot of the Billboard Hot 200 Chart back in 2006 with his sophomore...
(Ips News 04/20/15)
Paris — Quick now, can you name a famous African sculptor from the 1800s or even the early 20th century? Anyone able to answer positively is part of a select minority - most museum-goers have become used to seeing traditional African carvings without knowing the name of the artist. But some experts are taking steps to change this, with the most extensive exhibition devoted to identifying Africa's expert sculptors now on in Paris at the Quai Branly Museum - a...
(AFP (eng) 02/21/15)
Timbuktu, which won seven Cesar awards -- France's version of the Oscars -- on Friday tells the story of northern Mali under the control of jihadists, in a foreshadowing of the rise of the Islamic State group. Among its haul, it scooped the coveted best film and best director gongs for Mauritania's Abderrahmane Sissako. The ancient caravan town of the title, often a by-word for otherworldly remoteness, was seized by armed Islamists who cut a swathe through the west African...

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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...
(Voice of America 09/12/17)
BUDUA, CAMEROON — The head of the multinational task force fighting Boko Haram says the war against the militants is being won, but warned that suicide bombings remain a threat, killing close to 400 people in Nigeria and Cameroon since April. Soldiers from the 7,800-person task force have been stationed in several towns and villages along the Nigeria-Cameroon border since those communities were liberated from Boko Haram a little over a year ago. The force's commander, Nigerian-born General Lucky Irabor, visited four communities along the border on Saturday to reassure local residents and rally the troops.
(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...
(The Telegraph 08/29/17)
France, Germany, Italy and Spain have offered to support Libyan coastguards and help Chad and Niger with border control to stem migration to Europe at a summit in Paris. They also agreed on a new policy to grant asylum to vulnerable migrants who apply for protection while in Africa instead of their destination countries. President Emmanuel Macron of France, Chancellor Angela Merkel of Germany met with Italian and Spanish leaders as well as those of Chad, Niger and Libya -...
(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 08/18/17)
Islamist militant attacks in West Africa are increasing in intensity. High-profile strikes on resorts and restaurants that have shattered the area’s tourist industry get most of the attention. Yet barely a week goes by without a deadly incident in a remote rural zone where some of the world’s poorest people live. Instability in the region affects Europe because it benefits organized crime networks which are engaged in the smuggling and trafficking of migrants to the shores of Italy. 1. What’s...
(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...
(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)
Officials in Niger say suspected Boko Haram militants have killed nine people and abducted dozens more in an attack on a southern town. Local officials said Monday that the gunmen came into the village of Ngalewa, near the country's border with Nigeria, on camels and horses. They said the militants took around 30-40 people, mostly women and children, late Sunday and threatened to hold them until other extremists are released from prison. The town is near the city of Diffa,...

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