Saturday 16 December 2017
(Reuters 08/06/13)
KIGALI | Aug 6 (Reuters) - Rwanda's efforts to maintain price stability over the medium term will depend in part on government measures to bolster food production, the head of the central bank said on Tuesday. Rwanda was the only country in east Africa that did not suffer sharp swings in inflation in 2011 and 2012, which Governor John Rwangombwa put down to prudent monetary policy and coordination between the bank and Treasury. "However, the sustainability of low and stable inflation over the medium term will depend on different government measures to complement National Bank of Rwanda policy actions," Rwangombwa, a former finance minister, said in a statement. "These measures include enhancing capacity for food production and distribution, management of...
(The Associated Press 08/06/13)
NAIROBI, Kenya – American personnel at the U.S. Embassy in Nairobi will stand beside Kenyan colleagues Wednesday who were wounded in the devastating attack on the downtown embassy 15 years ago. During a week of heightened security concerns at U.S. embassies mostly in the Arab world, the East African countries of Rwanda, Burundi, Mauritius and Madagascar were added to the U.S. embassy closures list Sunday. Diplomatic posts in 19 cities will be closed this week. Rwanda and Burundi sit in the same East African region that holds Kenya and Tanzania, the two countries hit in simultaneous embassy attacks masterminded by Osama bin Laden on Aug. 7, 1998, killing 224 people, mostly Kenyans. The State Department shut down U.S. facilities in...
(Business Daily 08/06/13)
The top-ranking US trade official Michael Froman said on Monday that issues of "reciprocity" will be raised at a US-Africa conference next week in Ethiopia that will consider renewal of the Agoa trade initiative. The African Growth and Opportunity Act, which is due to expire in 2015, gives duty-free treatment to Kenyan textiles and many other African exports to the United States. Agoa is said to be responsible for creating thousands of jobs in the Kenyan textile industry. But as a condition to Agoa's extension beyond 2015, American negotiators may press African countries to give the same preferential treatment to US exports to Africa. Ambassador Froman made clear in a talk at the Brookings Institution in Washington that the US...
(Reuters 08/06/13)
LAGOS/SYDNEY, Aug 6 (Reuters) - Nigeria is gradually opening up to Islamic finance, a move that could bring non-interest banking to over 80 million Muslims and develop one of Africa's fastest-growing consumer and corporate banking sectors. Home to the largest Muslim population in sub-Saharan Africa, Nigeria is trying to establish itself as the African hub for Islamic finance, which follows religious principles such as bans on interest and gambling. In recent months, a string of regulatory initiatives have set the groundwork for products such as Islamic bonds (sukuk), insurance (takaful) and interbank lending products, although there is still only a small number of local market participants. "The potential is there but the market is negligible in Nigeria because we have...
(News of Rwanda 08/05/13)
CHADEMA, the biggest opposition party in Tanzania, has for the first time come out against President Jakaya Kikwete's controversial statement that the Government of Rwanda negotiates with FDLR rebels accused of genocide in Rwanda.There is no prudence in President Kikwete's statement that Rwanda should have talks with the FDLR militia group which has been in the DR Congo jungles since 1994, says Dr. Wilbroad Slaa, CHADEMA's General Secretary. President Kikwete raised the issue at an African Union summit in Ethiopia back in May. But since then, he has come under fierce scrutiny from Rwanda - with Foreign Minister Louise Mushikiwabo branding him 'spokesman' of the FDLR. Ever since the controversial comments and the ensuing backlash, President Kikwete, the Government in...
(Horseed Media 08/05/13)
President Kenyatta said he saw no room for wavering or distraction on the objective of curbing Al Shabaab’s heinous acts of terrorism in which people, mainly in East Africa, had lost lives and property destroyed. “Our first, second and third priorities must remain to root out Al Shabaab and fully stabilize the Somali state. There can be no wavering or distraction from that clearly and openly stated objective,” President Kenyatta told a summit of states contributing troops to the African Union Mission in Somalia (AMISOM). The tough-talking President Kenyatta told the Somali Federal Government that it needed to match the Troop Contributing Countries’ sacrifices by deploying all its energies to AMISOM’s success. “This is an imperative from which we cannot...
(Tanzania Daily News 08/05/13)
A few weeks ago, when Tanzania was hosting the Ministerial Committee Organ (MCO) responsible for Defence and Security Cooperation of the Southern African Development Community (SADC) countries, the Minister for Foreign Affairs, Mr Bernard Member, confirmed that Tanzania is one of the top five countries of the SADC whose harbours and airports are used as conduits for drug trafficking. Speaking at this 15th MCO, which is faced with an uphill task of tackling this illicit trade, Minister Membe singled out other countries being South Africa, Mozambique, Namibia and Angola. The announcement just came a fortnight after two female artists from Tanzania were nabbed at the Oliver Tambo International Airport in Johannesburg with 150 kg of drugs, crystal methamphetamine locally known...
(Reuters 08/05/13)
WASHINGTON | Mon Aug 5, 2013 (Reuters) - The United States extended embassy closures by a week in the Middle East and Africa as a precaution on Sunday after an al Qaeda threat that U.S. lawmakers said was the most serious in years. The State Department said 19 U.S. embassies and consulates would be closed through Saturday "out of an abundance of caution" and that a number of them would have been closed anyway for most of the week due to the Eid celebration at the end of the Muslim holy month of Ramadan. The United States initially closed 21 U.S. diplomatic posts for the day on Sunday. Some of those will reopen on Monday, including Kabul, Baghdad and Algiers...
(CNN 08/05/13)
African Voices is a weekly show that highlights Africa's most engaging personalities, exploring the lives and passions of people who rarely open themselves up to the camera. Follow the team on Twitter. Mogadishu, Somalia (CNN) -- Inside a brightly painted Mogadishu clinic, Salim (not her real name) sits alongside her seven-year-old son, waiting for a check up. Opposite them, a health professional listens to their nightmarish ordeal. Salim recounts how she was raped and then watched, helpless, as her young son was molested. Too afraid to seek assistance, she did what she thought would help. She washed her son's wounds with hot water and salt for four excruciating days, until they were brought here, the Sister Somalia center. "There are...
(CNN 08/03/13)
(CNN) -- The African Union on Friday applauded Zimbabwe for holding peaceful elections, and made no mention of rigging accusations by the main opposition candidate. However, its observers added that they noted several shortcomings. Problems included voters getting turned away, late publication of polling stations and media taking sides, the African Union observers said in a statement released Friday. Even so, the continent-wide body said, "The Mission observes generally, that from a historical perspective and in comparison to the 2008 elections, Zimbabwe has made an important transition in the conduct of its elections." Wednesday's vote pitted President Robert Mugabe against his prime minister, Morgan Tsvangirai. Mugabe's party declared victory a day later even though the electoral commission has not released...
(AFP (eng) 08/02/13)
Rwanda, which has staged a remarkable recovery in the years since the 1994 genocide, has opened visitors' eyes to its past by putting its genocide memorials on the tourist circuit, alongside its iconic mountain gorillas. The aim, tour operators and government officials say, is to enable tourists to understand the country's recent history and to appreciate the scale of the progress achieved. In the garden of the main genocide memorial in Kigali's Gisozi district, Anne Porbadnigk, a 30-year-old from Berlin, stops in front of every commemorative plaque, listening carefully to her audio-guide. "It's actually our first day here. We arrived four hours ago," she told AFP. Both Porbadnigk and the friend she is with say in order to comprehend modern...
(African arguments 08/02/13)
UK Minister for Africa, Mark Simmonds, has stated that the government will not intervene directly in Barclays Bank's decision to withdraw banking services to Money Service Businesses (MSBs) including those that provide remittance services to Somalia, but said he hoped that a 'market-based solution' could be found. Simmonds stated in a letter dated 18th July to SOAS academic Laura Hammond (and shared with African Arguments) that "the government would not be able to intervene on behalf of a particular company or 'remittance corridor'". He was responding to a letter submitted by Hammond on behalf of 105 academics, researchers and practitioners calling on the UK government to intervene to prevent the collapse of remittance flows into poor and fragile states, particularly...
(Reuters (Eng) 08/02/13)
LONDON | Fri Aug 2, 2013 (Reuters) - The winning investment strategy of 2013 has been simple but extreme: return home to the safety of the biggest, most-traded markets, or venture to the riskiest frontiers from Ivory Coast to Pakistan. Those in the middle of the risk curve - the biggest emerging markets that now account for almost half of the top 20 world economies - have been the big losers. The contrasting fortunes may herald the start of a broader repricing of big emerging economies where a flood of cheap money from developed economies has distorted prices the most. Risk - which dominated global financial markets in the past few years - has played a smaller role in defining...
(This Day Live 08/02/13)
Against the backdrop of the three-day investment roundtable in Cape Town, South Africa, John Iwori, who attended the event, writes that African countries are forging a common front in the shipping and energy sectors of the continent's economy. Working against One Another That most African countries are working at cross purposes is an understatement. In spite of their proximity, they prefer to work against their common interests. They hardly see each other as partners in progress. In fact, they see themselves as enemies. They work against one another for the benefit of the people on other continents, especially those who ruled over them during the colonial era. The undue rivalry among African countries has often robbed the people on the...
(Voice of America 08/01/13)
NAIROBI — Rwanda said on Wednesday the decision by a U.N. intervention brigade to forcibly disarm people in a strategic zone of eastern Democratic Republic of Congo had surprised African leaders and risked jeopardizing peace talks.The U.N. peacekeeping mission said on Tuesday it was setting up a security zone around Goma, which briefly fell into M23 hands last year, and would disarm, by force if needed, anyone carrying weapons after a 48-hour grace period. “We're worried that such a threat could have easily derailed the peace talks going on in Kampala,” Rwandan Foreign Minister Louise Mushikiwabo told reporters at a regional summit, speaking in English. Mushikiwabo, whose country is widely believed to support the M23 rebellion, said leaders at the...
(This Day Live 08/01/13)
The World Bank Group committed a record $14.7 billion in fiscal year 2013 (July 2012 to June 2013) to support economic growth and better development prospects in Africa, despite uncertain economic conditions in the rest of the global economy. “The region has shown remarkable resilience in the face of a global recession and continues to grow strongly,” said World Bank Vice President for the Africa Region, Makhtar Diop. “Africa is at the centre of the World Bank Group 2030 goals of ending extreme poverty and promoting shared prosperity, in an environmentally, socially, and fiscally sustainable manner.” The World Bank Group, according to a release from its Nigeria office in Abuja, continued its strong commitment to Africa approving $8.25 billion in...
(Voice of America 07/31/13)
NAIROBI — Leaders from the Great Lakes region are calling for greater cooperation to bring peace to the Democratic Republic of Congo, as accusations of interference by neighboring countries continue to fly. Regional heads of state met in Nairobi Wednesday to build on a framework agreement signed by members of the International Conference of the Great Lakes Region (ICGLR) in February, which outlines steps to advance regional peace efforts — including a pledge not to interfere in the internal affairs of neighboring countries. This pledge is under the spotlight in the eastern Democratic Republic of Congo, where U.N. peacekeepers are increasing pressure on M23 rebels. The United Nations, rights groups and some western countries have accused Rwanda and Uganda of...
(CNN 07/31/13)
(CNN) -- Chelsea Clinton can trace her African awakening to February 11, 1990, when she sat on the kitchen counter of the governor's mansion in Arkansas and watched with her parents as Nelson Mandela walked out of prison in South Africa. Just shy of her 10th birthday, Clinton knew then that history was being made and even more, "that the future was being born," she told CNN before leaving this week on a nine-day, six-stop African trip with her father, former President Bill Clinton. Now she is part of that future she envisioned more than 23 years ago. The Bill, Hillary and Chelsea Clinton Foundation is involved in myriad projects in Africa intended to help historically disadvantaged people get a...
(New Vision 07/31/13)
A total of 35 police officers from 12 African countries are in Uganda. The officers, on a senior command and staff course of Police at the Rwanda Musanze Police Academy, are in the country to take in Uganda’s experience in social economic transformation as part of their study requirements before graduating. The officers visited the Uganda Industrial Research Institute in Nakawa, a Kampala suburb. Prof. Charles Kwesiga, the institute’s director, took them around the institute - through the various labs and theatres and workshops, explaining to them the institute’s role in equipping young people with practical skills necessary for them to get employment. Detailing to them what goes on at the institute, he said that the institute has a mandate...
(Voice of America 07/31/13)
JOHANNESBURG — The United Nations’ AIDS agency is hailing what officials describe as significant progress in the fight against the epidemic in eastern and southern Africa. The report says AIDS-related deaths have declined dramatically and that the number of new infections has decreased - a direct result of more available treatment. But, they warned, challenges remain. Top health and aid officials praised the gains in the fight against AIDS in southern and eastern Africa - among them, a nearly 40 percent drop in AIDS-related deaths since 2005, and a 50 percent drop in new infections among children since 2001. The cause, they said was simple: The number of people receiving anti-retroviral treatment has increased tenfold, from 625,000 in 2005 to...

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