Centrafrique | Africatime
Friday 24 October 2014

Centrafrique

Filter articles by town
(Business Day Online 10/24/14)
The rally in African debt markets has come to an abrupt halt as countries in the west of the continent battle to contain the spread of Ebola. Nigeria, which has been declared Ebola-free by the World Health Organisation (WHO), has seen prices fall for its dollar-denominated government debt, pushing the yield up from 4.9 percent to 5.4 percent in the space of about a week the Financial Times reports. Ghana has deferred the sale of a local currency bond scheduled for issue this month and yields on debt issued by the region’s largest economy are at a six-month high. The sell-off in sub-Saharan Africa’s government bonds comes towards the end of a record year for...
(AFP (eng) 10/23/14)
Gunmen have killed at least 30 people in fresh attacks this week in the strife-torn Central African Republic, UN peacekeepers said on Thursday. Several dozen people were also wounded in the attacks on the central village of Yamale on Tuesday and Wednesday, with the gunmen pillaging and burning down houses, UN force MINUSCA said. Central Africa has recently seen a spike of violence pitting Christians against Muslims after a period of relative calm.
(Ventures-Africa 10/23/14)
VENTURES AFRICA – The first ever African Women in Real Estate Network is set to increase participation and opportunities for women in the sector, according to Ruth Obih, CEO of 3Invest, a service real estate consulting and investment firm based in Lagos, Nigeria. Referred to with the acronym A.W.I.R.E., the network was launched at the recently concluded Real Estate Unite, arguably the largest gathering of real estate professionals in Africa. “If we in the real estate are committed to our...
(SouthAfrica.info 10/23/14)
The International Monetary Fund (IMF) expects the strong growth trends that sub-Saharan Africa has been experiencing in recent years to continue in the next two years, albeit at a faster rate. Releasing the October 2014 IMF Regional Economic Outlook: Sub-Saharan Africa report on 20 October, director of the IMF’s African Department, Antoinette Sayeh, said the region’s economy is forecast to continue “growing at a fast clip, expanding by about 5% in 2014, the same level as in 2013, and accelerating...
(Voice of America 10/22/14)
The United Nations said it is assisting six Central African countries in organizing synchronized vaccinations after Cameroon reported a fifth case of the wild polio virus in its territory. Four wild polio virus cases have been reported in Cameroon's neighbor to the south, Equatorial Guinea, this year. Charlotte Faty Ndiaye, the resident representative of the World Health Organization (WHO) in Cameroon, said all children under the age of five in Chad, Gabon, Congo Brazzaville and the Central African Republic should...
(Ventures-Africa 10/22/14)
VENTURES AFRICA – The International Monetary Fund (IMF) has warned African countries that rushing to issue Eurobonds could raise debt levels and undermine growth as they may face exchange rate risks and problems repaying debts. Several African countries, especially those once burdened with debts, have issued Eurobonds to raise money for capital projects. Reuters News Agency quotes the director of IMF’s African Department, Antoinette Sayeh, as saying, in an interview on Monday, that such Eurobonds come with risks. “Whereas what...
(AFP (eng) 10/21/14)
Zimbabwe telecommunications giant Econet Wireless Global has bought the businesses of Russian phone operator VimpelCom in Burundi and the Central African Republic, the company announced Monday. "Our Mauritius-registered telecoms holding company... has acquired VimpelCom's two operations in Burundi and Central African Republic," said Craig Fitzgerald, Econet Wireless Global chief executive officer, in a statement. Confirming the deal, VimpelCom said in a statement that its subsidiary Global Telecom Holding had sold its entire stake in the Burundi and CAR operations to Econet for $65 million (50 million euros).
(Bloomberg 10/21/14)
Ebola’s economic effects in Africa are proving hard to quarantine even in the 49 of 54 countries that are untouched by the virus. Corporate events are being canceled, international investors are declining to visit and multinationals are on high alert. The International Monetary Fund yesterday cut its forecast for economic growth in sub-Saharan Africa this year to 5 percent from 5.5 percent, due in part to “economic spillovers starting to materialize” from the outbreak. The ripple effects present a fresh...
(Ventures-Africa 10/20/14)
VENTURES AFRICA – The race to build hotels in Africa has never been bigger than it is today. Global hotel chain Marriot International’s recent announcement of a $1.5 billion Africa expansion plan stirred the market and a recent hotel conference on Africa. The capital investment will be used to build nine hotels, amounting to a 1,300 additional rooms, by 2015 and 30 additional hotels by 2020, adding another 5,550 rooms to the continent’s hotel room count. Marriot International’s construction plan...
(Cnbc Africa 10/17/14)
Africa’s vast amounts unexplored resources make it every investors dream, however, the continents real success lies in advancing women. Earlier this month the world celebrated The United Nations’ International Day of Rural Women, a day that recognises the vital role rural women play in improving agriculture and rural development. “When we give rural women access to productive agricultural and natural resources, we empower them. They, in turn, can contribute more to alleviating hunger and boosting the ability of their communities...
(AFP (eng) 10/16/14)
United Nations (United States) (AFP) - Four UN peacekeepers in the Central African Republic were wounded Wednesday in an ambush in the capital Bangui, the United Nations said. Deputy UN spokesman Farhan Haq said Christian "anti-balaka" militias ambushed the UN police patrol in the northwestern part of the city near the airport. "The peacekeepers returned fire and four were wounded, three by grenade and one by gunfire," he said. "They are currently receiving medical care." The nationalities of the wounded...
(AFP (eng) 10/16/14)
Despite sparse resources and limited institutional support, the world will soon wake up to Africa's ingenious new artists, according to some of the continent's leading exponents taking part in London's Contemporary African Art Fair. The four-day event -- the largest such fair outside Africa -- opens on Thursday and showcases the work of over 120 artists in the grand setting of Somerset House in the heart of the British capital in a bid to reach a global market. Some 27...
(Reuters 10/15/14)
Central African Republic's transitional government on Tuesday said that several days of violence last week, the most serious in months in which about a dozen people were killed, was part of a purported plot to overthrow the administration. Without identifying anyone, the government said in a statement that a "coalition of negative forces" distributed money to a faction of the population, urging them to set up barricades in the capital to destabilise the country. "Heavy and light weapons were also...
(Voice of America 10/15/14)
The United Nations Refugee Agency has expressed alarm at the recent outbreak of violence in parts of the Central African Republic. According to the UNHCR, the recent unrest was sparked by a grenade attack in the capital, Bangui, that killed four people October 7. Following that incident, the alleged attacker was caught by an angry mob and is believed to have been killed. The transitional government in the C.A.R. said Tuesday the surge in violence last week killed about a dozen people. It believes the violence was meant to inspire a coup. According to a government statement
(Ventures-Africa 10/15/14)
VENTURES AFRICA – The Executive Secretary of the United Nation’s Economic Commission for Africa, Carlos Lopes has called on the international financial community to provide Africa with more investments than aid, as it is obvious that the latter cannot help the emerging continent achieve its desired growth and development. Carlos was, on Monday, speaking at the opening of the Ninth African Development Forum holding in Marrakech, Morocco themed “Innovative financing for Africa’s transformation” with the aim of deriving measures to...
(AFP (eng) 10/14/14)
A Polish missionary was abducted on Sunday by a group of armed rebels in the Central African Republic, the Polish branch of the Vatican's Pontifical Mission Societies said Tuesday. Father Mateusz Dziedzic, a Roman Catholic priest from Tarnow, southeastern Poland, was kidnapped at night by armed men who said they wanted to trade him for one of their leaders detained in neighbouring Cameroon, the Polish source said. The kidnappers also wanted to nab another priest at the mission in Baboua,...
(AFP (eng) 10/14/14)
A top UN official on Tuesday condemned the use of children in sectarian violence that engulfed the Central African Republic's capital last week, driving 6,500 people from their homes. Claire Bourgeois, the UN humanitarian chief in the strife-torn country, urged militia leaders in Bangui to stop using and targeting children after at least three were killed in the latest clashes that also left a UN peacekeeper dead. "I confirm the brutal killings of at least three children, including two boys...
(Ventures-Africa 10/14/14)
VENTURES AFRICA – Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released last week, by IHS, a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. “Cote d’Ivoire intends on spending $4 billion on agriculture development in order to improve crop yields and, in four years,...
(Ventures-Africa 10/13/14)
VENTURES AFRICA – Compared to other regions of the world, sub-Saharan Africa has the highest number of female entrepreneurs. These women are mostly owners of small businesses and local community shops serving the unmet needs of their homes and consumers. This not only reshapes the incorrect perception that African women have marginal input in overall economic output, but a socio-economic conscious business environment that includes full support of women entrepreneurs could potentially bring millions out of poverty and reduce an...
(Business Day 10/11/14)
Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released Wednesday, by IHS Inc., a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. Across sub-Saharan Africa, the development of the agriculture sector is viewed by many countries as a way to: Diversify their economies away from...

Pages

(AFP (eng) 10/23/14)
Gunmen have killed at least 30 people in fresh attacks this week in the strife-torn Central African Republic, UN peacekeepers said on Thursday. Several dozen people were also wounded in the attacks on the central village of Yamale on Tuesday and Wednesday, with the gunmen pillaging and burning down houses, UN force MINUSCA said. Central Africa has recently seen a spike of violence pitting Christians against Muslims after a period of relative calm.
(Voice of America 10/22/14)
The United Nations said it is assisting six Central African countries in organizing synchronized vaccinations after Cameroon reported a fifth case of the wild polio virus in its territory. Four wild polio virus cases have been reported in Cameroon's neighbor to the south, Equatorial Guinea, this year. Charlotte Faty Ndiaye, the resident representative of the World Health Organization (WHO) in Cameroon, said all children under the age of five in Chad, Gabon, Congo Brazzaville and the Central African Republic should be inoculated because the spread of polio in neighboring Cameroon and Equatorial Guinea has made the crippling disease an international...
(AFP (eng) 10/16/14)
United Nations (United States) (AFP) - Four UN peacekeepers in the Central African Republic were wounded Wednesday in an ambush in the capital Bangui, the United Nations said. Deputy UN spokesman Farhan Haq said Christian "anti-balaka" militias ambushed the UN police patrol in the northwestern part of the city near the airport. "The peacekeepers returned fire and four were wounded, three by grenade and one by gunfire," he said. "They are currently receiving medical care." The nationalities of the wounded...
(Voice of America 10/15/14)
The United Nations Refugee Agency has expressed alarm at the recent outbreak of violence in parts of the Central African Republic. According to the UNHCR, the recent unrest was sparked by a grenade attack in the capital, Bangui, that killed four people October 7. Following that incident, the alleged attacker was caught by an angry mob and is believed to have been killed. The transitional government in the C.A.R. said Tuesday the surge in violence last week killed about a dozen people. It believes the violence was meant to inspire a coup. According to a government statement
(AFP (eng) 10/14/14)
A Polish missionary was abducted on Sunday by a group of armed rebels in the Central African Republic, the Polish branch of the Vatican's Pontifical Mission Societies said Tuesday. Father Mateusz Dziedzic, a Roman Catholic priest from Tarnow, southeastern Poland, was kidnapped at night by armed men who said they wanted to trade him for one of their leaders detained in neighbouring Cameroon, the Polish source said. The kidnappers also wanted to nab another priest at the mission in Baboua,...
(AFP (eng) 10/14/14)
A top UN official on Tuesday condemned the use of children in sectarian violence that engulfed the Central African Republic's capital last week, driving 6,500 people from their homes. Claire Bourgeois, the UN humanitarian chief in the strife-torn country, urged militia leaders in Bangui to stop using and targeting children after at least three were killed in the latest clashes that also left a UN peacekeeper dead. "I confirm the brutal killings of at least three children, including two boys...
(Reuters (Eng) 10/10/14)
A U.N peacekeeper from Pakistan was killed in an ambush in the capital of Central African Republic on Thursday bringing the death toll in 48 hours of fighting to at least nine, according to the United Nations and the country's Red Cross. Human Rights Watch said the unrest is the most serious in months in a country where thousands have died and more than 1 million have fled in two years of conflict over power and resources. Gunfire and explosions...
(Reuters (Eng) 10/10/14)
Gunfire and explosions rang out in the capital of Central African Republic on Thursday in fighting that has left at least eight dead and 25 wounded, the United Nations and the country's Red Cross said. Human Rights Watch said the unrest was the most serious in months in a country where thousands have died and more than one million have fled in two years of conflict over power and resources. Streets emptied, shops closed and youths blocked roads with barricades...
(The Associated Press 10/10/14)
Clashes in Central African Republic's capital have resulted in "many casualties," the International Committee for the Red Cross said Thursday, marking the most significant violence in the city since a United Nations force took over peacekeeping last month. A crash following an attack on a convoy killed one U.N. peacekeeper and injured at least seven others, Vannina Maestracci, associate spokeswoman for the U.N. secretary-general, said in New York. It was the first death of a peacekeeper since the U.N. took...
(AFP (eng) 10/09/14)
The Red Cross said Thursday fresh violence in the Central African Republic was preventing its work to help civilians, especially with its aid workers threatened by gunmen. "Without security, we cannot do our work and save lives," said Jean-Francois Sangsue, head of the International Committee of the Red Cross's operations in the capital Bangui. "The threats must stop. We are asking the population to facilitate the work of Red Cross volunteers. If the threats continue we will be obliged to...
(Bloomberg 10/09/14)
Sectarian fighting killed at least 12 people and wounded 21 overnight in Central African Republic’s capital, Bangui, in the worst outbreak of violence since a July cease-fire, the nation’s Red Cross said. The death toll will probably rise because gunfire erupted across the city throughout the night, Alexandre Gbaguili, supervisor at the Red Cross, said today by phone. “Our teams haven’t been to all the neighborhoods.” Clashes between mainly Christian anti-balaka militia and residents of the mainly Muslim PK5 neighborhood...
(Reuters (Eng) 10/09/14)
An angry crowd killed a Muslim man in the capital of Central African Republic overnight, decapitating and burning his corpse, and in revenge Muslims killed a taxi driver, witnesses said on Wednesday. The incident brings to seven the number of people killed in the latest inter-communal attacks that began on Sept. 29 despite the presence of U.N. peacekeepers who fired shots in the air in the KM-5 neighborhood of Bangui on Wednesday to restore calm. The Muslim man was chased...
(Xinhuanet 10/07/14)
PARIS, Oct. (Xinhua) -- Paris-based Organization for Economic Cooperation and Development (OECD) on Monday hold the 14th session of Africa forum with a major focus on ways to make accelerating growth in African countries more robust and sustainable. Themed "By Africa, for Africa? Industrialisation and Integration for Inclusive Growth," participants would dig for adequate measures to help "African firms harness regional and global value chains to create new jobs," and implement "innovative territorial policies to promote balanced regional development and...
(AFP (eng) 10/06/14)
The Christian-dominated anti-balaka militia in the Central African Republic has demanded the country's president resign and asked its members to quit the transitional government, one of their chiefs told AFP on Monday. The 48-hour ultimatum to President Catherine Samba Panza came after a media report that $10 million (7.9 million euros) of Angolan aid had been pilfered. "The coordinators of the anti-balaka movement are of the view that the transitional authorities no longer inspire confidence and ask all its representatives...
(Voice of America 10/06/14)
PARIS— A lengthy postponement of elections in Central African Republic meant to complete a return to democracy following a March 2013 coup would risk further worsening the crisis there, the top U.N. official in the region said on Sunday. The former French colony has been paralyzed by violence for nearly two years and is now deeply divided, with its north occupied by mainly Muslim Seleka rebels who seized power nationwide last year but were forced to step down in January...
(PANA 10/06/14)
The Ebola spread to the US has created fears that US aviation authorities could slap travel restrictions, which would signal a major crisis for African airlines struggling to make profits, analysts warned in a report on Thursday. DaMina Advisors, an African political risk advisory service firm, warned that with the first US confirmed case of Ebola diagnosed in Texas and growing public pressure on the Obama administration to restrict US airline travel to West Africa, the financial viability of a number of already struggling domestic African airline carriers may be under threat.
(PANA 10/06/14)
African football governors must seriously address organisation and administration aspects of football management for the continent to move higher up in global football, Cameroon coach Volker Finke has said. 'If we want to move forward we must professionalise everything around the team,' Finke said at the just-concluded two-day conference in Cairo, Egypt, that reviewed Africa's performance at the 2014 FIFA World Cup in Brazil. The conference, which brought together African coaches and technical directors, was organised by FIFA and CAF,...
(The New Times 10/03/14)
African governments have been reminded that as they celebrate the gains and achievements made in information and communications technology (ICT) and Internet penetration, they should bear in mind the challenges stalking further development of the two. Dr Hamadoun Toure, the secretarygeneral of International Telecommunication Union (ITU), said the key challenges include affordability of broadband and the new cyber security threats that users are now exposed to as a result of the connections made. Dr Toure was yesterday speaking at the launch of the second annual Smart Rwanda Days in Kigali.
(AFP (eng) 10/02/14)
At least 16 people have died in clashes in the Central African Republic in the town of Bambari that has become the headquarters of Seleka rebels, local police said on Thursday. The source said "violent clashes broke out on Wednesday and carried on into Thursday in Bambari", and included members of the mostly Muslim Seleka, the mostly Christian "anti-balaka" militia and of the local Fula tribe, the source added. "The provisional toll is 16 dead and several injured. It could...
(Centrafrique Libre 10/02/14)
Une quinzaine de mort a été enregistrée après l’attaque de la base de la Minusca à Bambari (centre) le mercredi 1er septembre 2014. L’identité des assaillants n’a pas été connue jusque là. L’attaque de la base de la Minusca a duré plus de trente minutes, selon des sources locales contactées par Centrafrique Libre « C’est au début de l’après midi que nous avons commencé à entendre des coups de feu dans les alentours du camp où sont aussi des déplacés...

Pages

(Business Day Online 10/24/14)
The rally in African debt markets has come to an abrupt halt as countries in the west of the continent battle to contain the spread of Ebola. Nigeria, which has been declared Ebola-free by the World Health Organisation (WHO), has seen prices fall for its dollar-denominated government debt, pushing the yield up from 4.9 percent to 5.4 percent in the space of about a week the Financial Times reports. Ghana has deferred the sale of a local currency bond scheduled for issue this month and yields on debt issued by the region’s largest economy are at a six-month high. The sell-off in sub-Saharan Africa’s government bonds comes towards the end of a record year for...
(Ventures-Africa 10/23/14)
VENTURES AFRICA – The first ever African Women in Real Estate Network is set to increase participation and opportunities for women in the sector, according to Ruth Obih, CEO of 3Invest, a service real estate consulting and investment firm based in Lagos, Nigeria. Referred to with the acronym A.W.I.R.E., the network was launched at the recently concluded Real Estate Unite, arguably the largest gathering of real estate professionals in Africa. “If we in the real estate are committed to our own growth, we must make definitive strides for women’s participation in our sector,” said Obih. Real estate trailblazer, Udo Maryanne...
(SouthAfrica.info 10/23/14)
The International Monetary Fund (IMF) expects the strong growth trends that sub-Saharan Africa has been experiencing in recent years to continue in the next two years, albeit at a faster rate. Releasing the October 2014 IMF Regional Economic Outlook: Sub-Saharan Africa report on 20 October, director of the IMF’s African Department, Antoinette Sayeh, said the region’s economy is forecast to continue “growing at a fast clip, expanding by about 5% in 2014, the same level as in 2013, and accelerating...
(Ventures-Africa 10/22/14)
VENTURES AFRICA – The International Monetary Fund (IMF) has warned African countries that rushing to issue Eurobonds could raise debt levels and undermine growth as they may face exchange rate risks and problems repaying debts. Several African countries, especially those once burdened with debts, have issued Eurobonds to raise money for capital projects. Reuters News Agency quotes the director of IMF’s African Department, Antoinette Sayeh, as saying, in an interview on Monday, that such Eurobonds come with risks. “Whereas what...
(AFP (eng) 10/21/14)
Zimbabwe telecommunications giant Econet Wireless Global has bought the businesses of Russian phone operator VimpelCom in Burundi and the Central African Republic, the company announced Monday. "Our Mauritius-registered telecoms holding company... has acquired VimpelCom's two operations in Burundi and Central African Republic," said Craig Fitzgerald, Econet Wireless Global chief executive officer, in a statement. Confirming the deal, VimpelCom said in a statement that its subsidiary Global Telecom Holding had sold its entire stake in the Burundi and CAR operations to Econet for $65 million (50 million euros).
(Bloomberg 10/21/14)
Ebola’s economic effects in Africa are proving hard to quarantine even in the 49 of 54 countries that are untouched by the virus. Corporate events are being canceled, international investors are declining to visit and multinationals are on high alert. The International Monetary Fund yesterday cut its forecast for economic growth in sub-Saharan Africa this year to 5 percent from 5.5 percent, due in part to “economic spillovers starting to materialize” from the outbreak. The ripple effects present a fresh...
(Ventures-Africa 10/20/14)
VENTURES AFRICA – The race to build hotels in Africa has never been bigger than it is today. Global hotel chain Marriot International’s recent announcement of a $1.5 billion Africa expansion plan stirred the market and a recent hotel conference on Africa. The capital investment will be used to build nine hotels, amounting to a 1,300 additional rooms, by 2015 and 30 additional hotels by 2020, adding another 5,550 rooms to the continent’s hotel room count. Marriot International’s construction plan...
(Cnbc Africa 10/17/14)
Africa’s vast amounts unexplored resources make it every investors dream, however, the continents real success lies in advancing women. Earlier this month the world celebrated The United Nations’ International Day of Rural Women, a day that recognises the vital role rural women play in improving agriculture and rural development. “When we give rural women access to productive agricultural and natural resources, we empower them. They, in turn, can contribute more to alleviating hunger and boosting the ability of their communities...
(Ventures-Africa 10/15/14)
VENTURES AFRICA – The Executive Secretary of the United Nation’s Economic Commission for Africa, Carlos Lopes has called on the international financial community to provide Africa with more investments than aid, as it is obvious that the latter cannot help the emerging continent achieve its desired growth and development. Carlos was, on Monday, speaking at the opening of the Ninth African Development Forum holding in Marrakech, Morocco themed “Innovative financing for Africa’s transformation” with the aim of deriving measures to...
(Ventures-Africa 10/14/14)
VENTURES AFRICA – Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released last week, by IHS, a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. “Cote d’Ivoire intends on spending $4 billion on agriculture development in order to improve crop yields and, in four years,...
(Ventures-Africa 10/13/14)
VENTURES AFRICA – Compared to other regions of the world, sub-Saharan Africa has the highest number of female entrepreneurs. These women are mostly owners of small businesses and local community shops serving the unmet needs of their homes and consumers. This not only reshapes the incorrect perception that African women have marginal input in overall economic output, but a socio-economic conscious business environment that includes full support of women entrepreneurs could potentially bring millions out of poverty and reduce an...
(Business Day 10/11/14)
Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released Wednesday, by IHS Inc., a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. Across sub-Saharan Africa, the development of the agriculture sector is viewed by many countries as a way to: Diversify their economies away from...
(Ventures-Africa 10/10/14)
VENTURES AFRICA – Lusaka Stock Exchange listed power distribution company, Copperbelt Energy Corporation (CEC) is to invest over $18 million in upgrading its network in a bid to boost Zambia and DR Congo energy sector. “CEC owns the inter-connection between Zambia and DRC. We are building a duo circuit transmission line which will see the capacity of our inter-connector extended from 250 megawatts to 550 megawatts,” said CEC managing director Owen Silavwe. CEC operates and maintain a network comprising transmission, distribution and generation assets. The assets comprise an emergency power generation capacity of 80MW, transmission and distribution network of around 1,000 km of overhead power lines
(Reuters (Eng) 10/08/14)
(Reuters) - Standard Chartered (STAN.L) plans to hire at least 1,000 more staff in Africa in the next couple of years, an increase of more than 10 percent, even as its expansion elsewhere has slowed. Diana Layfield, Standard Chartered's chief executive for Africa, declined to specify where the extra staff would go, but picked out Nigeria, Kenya and Ghana as three of the most attractive markets. "Nigeria has to be close to the top of everybody's list (for expansion) .....
(Business Week 10/06/14)
Africa is ripe for investment, a fact that is being acted upon by Abu Dhabi companies with increasing regularity. Etihad Airways just announced that it would expand its African presence with the launch of a daily service to Dar es Salaam, Tanzania. Earlier this month, Trojan General Contracting, part of the Royal Group owned by Sheikh Tahnoon bin Zayed Al Nahyan, is participating in a $16 billion programme to build roads and railways across West Africa. These companies are not...
(Kenya Star 10/02/14)
ATHENS- Marine researchers hope that fish farming - the process of raising fish in ponds for food - can help African countries overcome chronic food shortages. Scientists from the Athens-based Hellenic Centre for Marine Research are working on ways to improve fish farming in Europe, and now have been asked to do the same to alleviate food shortages in Africa. The governments of Kenya and Sierra Leone approached the European Union for assistance with fisheries. Hellenic Centre director Evangelos Papathanassiou explains this is a joint European-African project.
(Bloomberg 10/01/14)
Africa’s richest man, Aliko Dangote, said further deals with the Investment Corp. of Dubai may run into billions of dollars after the Emirati holding company invested $300 million in his cement business last month. “We have also agreed to invest in other other ventures in oil and agriculture,” Dangote said today in an interview at a conference in Dubai. “They already have a seat on our board. This could run into billions of dollars.” ICD is exploring opportunities to work...
(Business Week 09/29/14)
DUBAI, UAE - The Ruler of Dubai, H.H. Sheikh Mohammed bin Rashid Al Maktoum, who is also United Arab Emirates Vice-President, is hosting the Second African Global Business Forum which is by invitation only and organized by The Economist publication. The event (AGBF) takes place this week starting Wednesday and several African Heads of State have confirmed attendence. The theme is ‘New Realities – New Connections’.
(Xinhuanet 09/26/14)
NAIROBI, Sept. (Xinhua) -- Africa could become a single air transport market that will remove the need for bilateral air services agreements by early 2016, the industry lobby said on Wednesday. African Airlines Association (AFRAA) Secretary General Elijah Chingosho told Xinhua that the regulatory texts and legal institutional framework are scheduled to be finalized in October. "Guidelines will soon be formulated that will enable the African Union to carry out negotiations among the various trading blocs with a view to...
(PANA 09/20/14)
Mobile money - Customers of Orange Money and Bank of Africa, in a number of African countries, will be able to transfer money directly between their two accounts within the next few months, telecoms industry global monitor Pyramid Research reported Thursday on its daily update. The France-headquartered company, Orange, said its Money customers would be able to buy goods and pay utility bills, as well as purchase air-time credit, without going to the bank or shop.

Pages

(PANA 10/07/14)
The qualifying series for the 2015 Africa Cup of Nations is set to resume next weekend, after a month-long break, PANA reported Sunday. The first set of two group matches were played last month, and two more matches are slated to be played this month. Match day three will be next Friday and Saturday, while Match day four will be four days later, on 15 Oct. After this month's matches, there will be two more matches to go, in November, before the emergence of the qualified teams. The top two finishers from each of the seven groups, plus the best third-placed team, will pick the tickets to the 16-team 2015 Africa Cup of Nations finals...
(The New Times 10/07/14)
Head coaches and technical directors of African national teams have hailed progress in African football but emphasised the need to make improvements which would see an African team win a Fifa World Cup. The resolution was among the many passed by the coaches, who meet in a two-day conference held in Cairo, Egypt last week. It was organised by FIFA and CAF to review and learn from the 2014 FIFA World Cup Brazil. Rwanda was represented by Amavubi head coach Stephen Constantine and technical director Lee Johnson. Reflecting on the technical aspects of Brazil 2014, there was a general feeling...
(Africa Top sports 09/17/14)
L’attaquant franco-centrafricain Quentin Ngakoutou opte pour la Centrafrique. Selon Centrafriquefootball.cf, le joueur de l’AS Monaco prêté à Arles-Avignon (Ligue 2 France) a donné son accord de principe pour mener une carrière internationale sous les couleurs des Fauves, a annoncé le manager de la sélection centrafricaine, Willy Kongo. Ancien international français U17, Quentin Ngakoutou pourrait donc disputer son premier match avec la Centrafrique le 9 octobre. Les Fauves du Bas Obangui affronteront à cette date le Maroc, pays hôte de la...
(Dw-World 09/04/14)
As the continent gears up for its African Nations Cup qualifiers, concerns are growing that the deadly disease could ruin the games. Some argue soccer players and fans from Ebola-hit countries could spread the virus. The message from Africa's soccer governing body, the Confederation of African Football (CAF), was clear: Ivory Coast will be expelled from the 2015 Africa Cup of Nations if they refuse to host Ebola-hit Sierra Leone in their qualifier on Saturday (06.09.2014). CAF's statement prompted Ivory Coast to allow the match to be held in Abidjan after all.
(PANA 08/30/14)
The Malian Football Federation (FEMAFOOT) has asked the Confederation of African Football (CAF) to relocate its away Africa Cup of Nations (AFCON) qualifying match against Algeria scheduled for 10 September at Blida for security reasons. FEMAFOOT on Thursday cited insecurity in Algeria following the death on 23 August of the JS Kabylie Cameroonian player, Albert Ebossé, 24, after he was hit by an object thrown by supporters of his club.
(RFI(EN) 07/29/14)
No black African cyclist has ever taken part in the Tour de France. The most prestigous cycling event in the world ended in Paris on Sunday, and Team Africa Rising hopes to bring an African team to the Tour in the near future. Team Africa Rising wants to be the first hundred percent African team to race the European circuit and eventually take part in the Tour de France. Speaking to RFI, Jock Boyer, the founder of Team Africa Rising...
(The Point 07/05/14)
Football lovers in Africa are generally disappointed about the early exit of Africa's five representatives in the FIFA World Cup 2014 in Brazil. But the signs were already there for such a development. And squabbles over finances and administrative arrangements are a large contributing factor. However, since FIFA allocated 1.5 million dollars to each of the 32 participating teams, the payment of bonuses to African players should not be a problem, if based on prior agreement, which should be available...
(Zimbabwe Independent 06/21/14)
AT the Brazil 2014 World Cup shorn of African heroics so far, with the singular exception of Ivory Coast, Cameroon went down fighting on Wednesday, but unfortunately, among themselves! After hitting the headlines on the eve of football's global super show for staging an industrial action over bonuses for their participation, the West Africans hogged the limelight for all the wrong reasons yet again. This time it was violence and unmitigated failure in an embarrassing 4-0 loss to Croatia. All...
(PANA 03/13/14)
The President of the Confederation of African Football (CAF), Mr. Issa Hayatou, has nudged African teams heading to the 2014 FIFA World Cup in Brazil to strive to reach the last four. PANA reports that no African team has ever gone beyond the quarter-final stage of the four-yearly global football extravaganza. But Hayatou said a last-four berth by any of Africa's flagbearers in Brazil would be an icing on the cake for the successes which African football has recorded, especially...
(PANA 02/28/14)
The African Football Confederation (CAF) will cover the costs of training, at the CAF Excellence Centre in Mbankomo, for the African teams to the 2014 FIFA World Cup in Brazil, the continental football governing body said. CAF is also calling on the entire African continent to support the five teams that qualified for Brazil 2014 which kicks off in June. The five countries are Cote d'Ivoire, Algeria, Cameroon, Ghana and Nigeria. In a news dispatch from the CAF headquarters in...
(AFP 02/02/14)
CAPE TOWN, (AFP) - Libya won their first continental tournament Saturday after beating Ghana in the African Nations Championship 4-3 on penalties when their final ended 0-0 after extra time. Excellent goalkeeping by the Mediterranean Knights' Muhammad Nashnoush and a poorly-aimed attempt that went wide from Ghana's Joshua Tijane clinched the victory following a lacklustre game. A fast-paced start raised expectations of an energetic clash, but play slowed after the first 15 minutes and failed to recover. The match ended...
(PANA 01/30/14)
Bloemfontein, South Africa - Nigeria's head coach Stephen Keshi has hailed the country's home-based senior national team, the Super Eagles, despite its loss to the Black Stars of Ghana in Wednesday's semi-final of the ongoing 2014 African Nations Championship (CHAN) in South Africa. The teams resorted to penalties after playing goalless in regulation and extra time, with the eventual 4-1 result ending the dreams of African champion Nigeria to also lift the CHAN silverware 'This team has been about six...
(CNN 01/10/14)
(CNN) -- Yaya Toure's African reign will stretch into a third year after the Manchester City midfielder was named the continent's best footballer once again. The Ivory Coast star was crowned Footballer of the Year by the Confederation of African Football at a ceremony in Lagos, Nigeria on Thursday. Toure pipped compatriot Didier Drogba, who plays for Turkish outfit Galatasaray, and Chelsea's Nigerian midfielder John Obi Mikel to the crown. The 30-year-old becomes only the second player to win three...
(Leadership 01/10/14)
In less than 24 hours, African football stars will kick off the CHAN tournament, which is meant for footballers plying their trade in the African continent. Africa has always produced some of the finest footballers of different generations, such as Roger Milla, Abedi Pele, Jay Jay Okocha, Nwankwo Kanu, Didier Drogba, Samuel Eto'o, Fredrick Kanoute, Michael Essien, Mikel Obi, Yaya Toure, Vincent Enyeama and the list goes on. These players have graced the European football with African flair, power and...
(AL Jazeera 12/30/13)
More than 100,000 people displaced by inter-religious violence in Central African Republic are sheltering at a makeshift camp at Bangui airport, a medical charity has said, calling for urgent aid. Medecins Sans Frontiers (MSF) said it was receiving between 15 and 20 wounded a day at the site from fighting in the riverside capital, where the deployment of French and African peacekeepers in early December has failed to halt violence. Attacks by Muslim Seleka rebels, who seized power in March,...
(BBC News Africa 12/02/13)
The winner of this year's BBC African Footballer of the Year award will be revealed at 1735 GMT on Monday. The shortlist of Yaya Toure, Victor Moses, John Mikel Obi, Jonathan Pitroipa and Pierre-Emerick Aubameyang was announced three weeks ago. African football fans selected their choice for the award, voting online and by text messages. You can find out result later today live on the BBC's Focus on Africa radio and television programmes and on this website. No player on...
(CNN 10/26/13)
(CNN) -- Is Sepp Blatter angling for another term as head of world football? The 77-year-old vowed at the 2011 FIFA presidential elections, where he stood unopposed after a bribery controversy ruled out his only rival, that this would be his fourth and final four-year stint in office. However, this week he hinted that he has "a mission" to fulfill and said he feels "young enough to be in this office." And he fueled speculation that he may stand again...
(BBC News Africa 09/06/13)
A total of seven places in the African play-offs for the 2014 World Cup will be decided this weekend. The campaign that has been made all the more dramatic because a number of matches have been overturned by football's world governing body Fifa. Only Algeria , Egypt and Ivory Coast will definitely be in the draw on 16 September for the final round of play-offs for Brazil next year. Ghana host Zambia in the first of the weekend's final group...
(AFP (eng) 08/17/13)
Women's sprinting has entered a new era, declared African duo Murielle Ahoure of the Ivory Coast and Nigeria's Blessing Okagbare after they won the continent's first ever medals in a women's world 200 metres final on Friday in Moscow. Ahoure, 25, took her second silver of the World Athletics Championships, having become the first African woman to win a medal in the world 100m final, in a photo finish with Okagbare behind Jamaica's 100m champion Shelly-Ann Fraser-Pryce. Both of them...
(Ghana Business News 08/05/13)
The draw for the 2014 African Nations Championship (CHAN) will take place on Monday, September 16 in Cairo, Egypt, organizers have announced. According to the Confederation of African Football (CAF), the ceremony will be held at its headquarters in the Egyptian capital. The draw will see 16 teams divided into four groups of four teams each for the tournament billed for South Africa next year from January 11 to February 1. Ghana’s local Black Stars booked their place at the...

Pages

(AFP (eng) 10/16/14)
Despite sparse resources and limited institutional support, the world will soon wake up to Africa's ingenious new artists, according to some of the continent's leading exponents taking part in London's Contemporary African Art Fair. The four-day event -- the largest such fair outside Africa -- opens on Thursday and showcases the work of over 120 artists in the grand setting of Somerset House in the heart of the British capital in a bid to reach a global market. Some 27 galleries from around the world are represented at "1:54" -- named after the number of countries in Africa -- and the event has doubled in size since it debuted last year. "What is exciting about...
(News Day 10/10/14)
IT was a night of fun and of course lots of glitz and glamour at The Big Brother Africa (BBA) Hotshots launch on October 5 at The Whippet in Linden, Johannesburg, South Africa. After the unexpected burning down of the former BBA house also located in Johannesburg, viewers and audiences were naturally eager to see how this new venue would turn out and with no doubt Big Brother did not disappoint. The usual presenter, Ik Osakioduwa, popularly known as Ik, introduced audiences to this year’s edition with a stunning cabaret performance of the official Big Brother theme song. It was...
(The Guardian 12/30/13)
Figures compiled by the Committee to Protect Journalists show that 29 journalists were killed in Syria, 10 in Iraq and six in Egypt. At least 70 journalists were killed around the world in 2013, including 29 who died covering the civil war in Syria and 10 in Iraq, according to the Committee to Protect Journalists. The dead in Syria included a number of citizen journalists working to document combat in their home cities, broadcasters who worked with media outlets affiliated...
( 12/17/13)
BBnZ Live turned the entire Accra metropolis upside-down with the maiden edition of the Afro-Beats Festival held at the Independence Square in Accra over the weekend. An ecstatic crowd made up of over 60,000 Ghanaian music fans from all walks of life including students from all Ghanaian second cycle and tertiary institutions thronged the venue to partake in the event. The three-day Afro-Beats Festival was an all night affair which provided non-stop entertainment till the break of dawn. It kicked...
(AFP 11/09/13)
LAGOS, November 9, 2013 (AFP) - The Africa International Film Festival (AFRIFF) opens in Nigeria on Sunday and although it is still in its infancy, organisers hope that with time it can become the continent's Cannes. Seventy films from across the continent will be screened in a series of venues over seven days in the southern coastal city of Calabar, which Nigeria has tried to promote as an emerging cultural hub. "For an African film to come out in Cannes...
(CNN 09/20/13)
London (CNN) -- The girls strutting down the runway in The Savoy Hotel share many features - all are long-limbed, fine-boned and have glowing complexions. A silent army marching to the heavy music, past the front row A-listers peering out from behind their dark glasses. But one girl is different: the only one with black skin in a battalion of white faces. Nadja is one of the few black models lucky enough to make this year's cut for London Fashion...
(Ventures-Africa 10/23/14)
VENTURES AFRICA – The first ever African Women in Real Estate Network is set to increase participation and opportunities for women in the sector, according to Ruth Obih, CEO of 3Invest, a service real estate consulting and investment firm based in Lagos, Nigeria. Referred to with the acronym A.W.I.R.E., the network was launched at the recently concluded Real Estate Unite, arguably the largest gathering of real estate professionals in Africa. “If we in the real estate are committed to our own growth, we must make definitive strides for women’s participation in our sector,” said Obih. Real estate trailblazer, Udo Maryanne Okonjo, CEO of Fine & Country, West Africa, who delivered a keynote speech at the...
(Voice of America 10/22/14)
The United Nations said it is assisting six Central African countries in organizing synchronized vaccinations after Cameroon reported a fifth case of the wild polio virus in its territory. Four wild polio virus cases have been reported in Cameroon's neighbor to the south, Equatorial Guinea, this year. Charlotte Faty Ndiaye, the resident representative of the World Health Organization (WHO) in Cameroon, said all children under the age of five in Chad, Gabon, Congo Brazzaville and the Central African Republic should be inoculated because the spread of polio in neighboring Cameroon and Equatorial Guinea has made the crippling disease an international...
(Ventures-Africa 10/22/14)
VENTURES AFRICA – The International Monetary Fund (IMF) has warned African countries that rushing to issue Eurobonds could raise debt levels and undermine growth as they may face exchange rate risks and problems repaying debts. Several African countries, especially those once burdened with debts, have issued Eurobonds to raise money for capital projects. Reuters News Agency quotes the director of IMF’s African Department, Antoinette Sayeh, as saying, in an interview on Monday, that such Eurobonds come with risks. “Whereas what...
(Bloomberg 10/21/14)
Ebola’s economic effects in Africa are proving hard to quarantine even in the 49 of 54 countries that are untouched by the virus. Corporate events are being canceled, international investors are declining to visit and multinationals are on high alert. The International Monetary Fund yesterday cut its forecast for economic growth in sub-Saharan Africa this year to 5 percent from 5.5 percent, due in part to “economic spillovers starting to materialize” from the outbreak. The ripple effects present a fresh...
(Ventures-Africa 10/20/14)
VENTURES AFRICA – The race to build hotels in Africa has never been bigger than it is today. Global hotel chain Marriot International’s recent announcement of a $1.5 billion Africa expansion plan stirred the market and a recent hotel conference on Africa. The capital investment will be used to build nine hotels, amounting to a 1,300 additional rooms, by 2015 and 30 additional hotels by 2020, adding another 5,550 rooms to the continent’s hotel room count. Marriot International’s construction plan...
(Cnbc Africa 10/17/14)
Africa’s vast amounts unexplored resources make it every investors dream, however, the continents real success lies in advancing women. Earlier this month the world celebrated The United Nations’ International Day of Rural Women, a day that recognises the vital role rural women play in improving agriculture and rural development. “When we give rural women access to productive agricultural and natural resources, we empower them. They, in turn, can contribute more to alleviating hunger and boosting the ability of their communities...
(Voice of America 10/15/14)
The United Nations Refugee Agency has expressed alarm at the recent outbreak of violence in parts of the Central African Republic. According to the UNHCR, the recent unrest was sparked by a grenade attack in the capital, Bangui, that killed four people October 7. Following that incident, the alleged attacker was caught by an angry mob and is believed to have been killed. The transitional government in the C.A.R. said Tuesday the surge in violence last week killed about a dozen people. It believes the violence was meant to inspire a coup. According to a government statement
(Ventures-Africa 10/15/14)
VENTURES AFRICA – The Executive Secretary of the United Nation’s Economic Commission for Africa, Carlos Lopes has called on the international financial community to provide Africa with more investments than aid, as it is obvious that the latter cannot help the emerging continent achieve its desired growth and development. Carlos was, on Monday, speaking at the opening of the Ninth African Development Forum holding in Marrakech, Morocco themed “Innovative financing for Africa’s transformation” with the aim of deriving measures to...
(Ventures-Africa 10/14/14)
VENTURES AFRICA – Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released last week, by IHS, a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. “Cote d’Ivoire intends on spending $4 billion on agriculture development in order to improve crop yields and, in four years,...
(Ventures-Africa 10/13/14)
VENTURES AFRICA – Compared to other regions of the world, sub-Saharan Africa has the highest number of female entrepreneurs. These women are mostly owners of small businesses and local community shops serving the unmet needs of their homes and consumers. This not only reshapes the incorrect perception that African women have marginal input in overall economic output, but a socio-economic conscious business environment that includes full support of women entrepreneurs could potentially bring millions out of poverty and reduce an...
(Ventures-Africa 10/10/14)
VENTURES AFRICA – Lusaka Stock Exchange listed power distribution company, Copperbelt Energy Corporation (CEC) is to invest over $18 million in upgrading its network in a bid to boost Zambia and DR Congo energy sector. “CEC owns the inter-connection between Zambia and DRC. We are building a duo circuit transmission line which will see the capacity of our inter-connector extended from 250 megawatts to 550 megawatts,” said CEC managing director Owen Silavwe. CEC operates and maintain a network comprising transmission, distribution and generation assets. The assets comprise an emergency power generation capacity of 80MW, transmission and distribution network of around 1,000 km of overhead power lines
(Bloomberg 10/09/14)
Sectarian fighting killed at least 12 people and wounded 21 overnight in Central African Republic’s capital, Bangui, in the worst outbreak of violence since a July cease-fire, the nation’s Red Cross said. The death toll will probably rise because gunfire erupted across the city throughout the night, Alexandre Gbaguili, supervisor at the Red Cross, said today by phone. “Our teams haven’t been to all the neighborhoods.” Clashes between mainly Christian anti-balaka militia and residents of the mainly Muslim PK5 neighborhood...
(Voice of America 10/06/14)
PARIS— A lengthy postponement of elections in Central African Republic meant to complete a return to democracy following a March 2013 coup would risk further worsening the crisis there, the top U.N. official in the region said on Sunday. The former French colony has been paralyzed by violence for nearly two years and is now deeply divided, with its north occupied by mainly Muslim Seleka rebels who seized power nationwide last year but were forced to step down in January...
(Voice of America 09/26/14)
PARIS— Human rights groups and Central Africans have welcomed the decision by the Hague-based International Criminal Court to open a second war crimes investigation in conflict-torn Central African Republic. The International Criminal Court will probe atrocities, including murder, rape and persecution, that have taken place since conflict erupted in the Central African Republic in 2012. This is the second investigation by the Hague-based court targeting the country. Former C.A.R. Vice President Jean Pierre Bemba is on trial for crimes committed more than a decade ago.
(BBC News Africa 09/25/14)
The International Criminal Court has opened a formal probe into war crimes in the Central African Republic (CAR). ICC prosecutor Fatou Bensouda said there had been "endless" instances of rape, murder, forced displacement, persecution and pillaging since 2012. She said both sides had committed atrocities in what has become a religious conflict between mainly Muslim rebels and Christian militias. Almost a quarter of the 4.6 million population have fled their homes. 'Child soldiers' The turmoil began in the run-up to...
(Voice of America 09/25/14)
Suspected anti-balaka fighters from the Central African Republic (C.A.R.) have kidnapped a dozen Cameroonians and are demanding the release of one of their leaders and 10 others detained in Cameroon's capital. Governor Samuel Dieudonne Ivaha Diboua of Cameroon's eastern region told VOA that the suspected anti-balaka fighters were disguised as refugees when they kidnapped people in the border locality of Garoua Boulaï earlier this week. He said the kidnappers have broken the law and they will have to answer charges...
(Voice of America 09/19/14)
ADDIS ABABA— African children are facing disproportionately high levels of violence, according to a new report by the African Child Policy Forum. The study calls for more coordinated action to prevent violence against children. The new report, released Thursday, said African children are subjected to extremely high levels of emotional, physical and sexual abuse, and current laws and policies have not been able to tackle this issue. African Child Policy Forum Executive Director Theophane Nikyema said a coordinated response is needed. “There has not been much focus on the prevention side when it comes to child protection
(The Associated Press 09/16/14)
At least 2,000 French troops, deployed last December, will work alongside the new UN force [Al Jazeera] The United Nations has formally taken over a regional African peacekeeping mission in the Central African Republic, nine months after sectarian violence erupted which left at least 5,000 people dead and forced tens of thousands of Muslims to flee to neighbouring countries. As the UN took over on Monday, about 1,800 additional peacekeepers and police joined the African Union's peacekeeping mission of 6,200 troops already in the country.
(Voice of America 09/16/14)
BANGUI— A new U.N. peacekeeping mission is underway in the Central African Republic, one of Africa's poorest and most fragile states, amid doubts over what peace there is to keep. This week 1,500 troops from Morocco, Pakistan, Bangladesh and Indonesia, among other nations, join 4,800 African troops already deployed in the Central African Republic. A ceremony at the M’poko airport in the capital Bangui marked the official transition from the African force, known as MISCA, to the U.N. peacekeeping mission,...
(BBC News Africa 09/16/14)
The UN is formally taking over peacekeeping operations in the Central African Republic (CAR), where about 25% of the population has fled their homes. The new force will largely comprise 6,200 African troops already there. There are also 2,000 French troops, who will not be part of the UN force, but human rights groups say a bigger force is urgently needed to end the violence. CAR has been in turmoil since a mainly Muslim rebel group seized power in the...

Pages