Rwanda | Africatime
Thursday 23 March 2017

Rwanda

(The New Times 03/23/17)
Rwanda is prepared to send more peacekeepers to be part of the United Nations Mission in South Sudan (UNMISS), the acting Defence and Military Spokesperson, Lt Col René Ngendahimana, has confirmed. He disclosed this yesterday after the U.N. peacekeeping chief, Hervé Ladsous said during a visit to South Sudan's capital, Juba, on Tuesday that the first peacekeepers from Rwanda, Nepal and Bangladesh will begin arriving in the next few weeks. "That is true. There is an additional force required by the UN and, Rwanda is ready to contribute an additional battalion," Ngendahimana told The New Times. Rwanda presently maintains 1,650 troops as part of UNMISS.
(Reuters (Eng) 03/23/17)
N'DJAMENA French far-right presidential candidate Marine Le Pen pledged on Wednesday to break with her country's decades-old relationship with Africa known as "Francafrique" and abolish the CFA franc currency policy that binds Paris and its former colonies. Francafrique describes an informal web of relationships Paris has maintained with its former African colonies and its support, sometimes in the form of military backing, for politicians who favor French business interests. Le Pen, one of the frontrunners in the presidential election, spoke at the end of a two-day visit to Chad where she sought to outline her policies regarding the continent, which has long held an important place in French foreign policy. "It was only in coming here and explaining that I...
(AFP (eng) 03/21/17)
Under a cloudless sky in South Africa's northwestern farming region, donkeys still amble along muddy paths, pausing to nibble on grass, oblivious to the threat from a demand for Chinese medicine. The gelatin found in the animals' skin has made them a target, leading to a growing wave of donkey slaughtering in several African countries, as gangs seek to fuel a lucrative, and in South Africa illegal, trade. Animal rights groups say the docile beasts of burden are often cruelly...
(AFP (eng) 03/20/17)
Pope Francis on Monday begged for God's forgiveness for "the sins and failings of the Church and its members" implicated in the 1994 Rwanda genocide that killed around 800,000 people. The pontiff "conveyed his profound sadness, and that of the Holy See and of the Church, for the genocide against the Tutsi," the Vatican said in a statement after a meeting between Francis and the Rwanda President Paul Kagame. "He implored anew God's forgiveness for the sins and failings of...
(Reuters (Eng) 03/20/17)
The head of Rwanda's only registered opposition party, the tiny Green Party, said on Sunday he will stand against President Paul Kagame, who is expected to run for third term in August presidential polls. Kagame is widely admired by many for restoring stability to the East African nation after its 1994 genocide, presiding over rapid economic growth and creating a relatively corruption-free government. But rights activists say those achievements have come at the expense of civil liberties. Some of Kagame's political opponents have been killed after they fled abroad, in cases that remain unsolved. Frank Habineza was elected to oppose Kagame in a Green Party congress of about 400 members.
(Xinhuanet 03/20/17)
The World Bank Group President Jim Yong Kim is expected in Rwanda on Tuesday. During his visit, from March 21-22, Kim is expected to meet with Rwandan President Paul Kagame to discuss the east African country's development achievements, innovations and the progress made in fostering private sector growth and development, according to a statement issued by the World Bank office on Friday in Kigali. Kim will also hold meetings with private sector leaders and visit human development and other projects...
(Agence Ecofin 03/20/17)
At the Africa CEO Forum which opened this morning in Geneva, AFD Group – in partnership with the European Union – unveiled the “African Renewable Energy Scale-Up facility”, designed to boost private sector investment in on–grid and off-grid renewable energy production in Africa. In order to meet Africa’s constantly increasing energy requirements, support must be provided for mass development of the renewable energy technologies – especially solar energy – that will play such a key role over the coming years,...
(Voice of America 03/18/17)
Each year, the University of Southern California hosts the African Global Economic and Development Summit, bringing delegations from Africa to meet with business leaders, government officials and others in the U.S. But this year, the African summit has no Africans. All were denied visas. Visa issues are not uncommon for people traveling from African nations. During her prior three summits, Mary Flowers saw a high percentage of her attendees unable to attain visas. "Usually we get 40 percent that get...
(Voice of America 03/17/17)
One of the enduring legacies of the Barack Obama presidency will be the relationship built between the United States and young Africans. As part of Obama’s Young African Leaders Initiative (YALI), each year 1,000 young people from sub-Saharan Africa travel to the United States to spend six weeks at a U.S. college or university. The program will continue this summer. But building enduring relationships is a two-way street, and many in Africa want to see Americans coming to their continent...
(Xinhuanet 03/16/17)
China's aid to the education sector in Africa is helping boost teacher training, a key component in skilling the population to fast track development, a UN official has said. Ann Therese Ndong-Jatta, Director of United Nations Educational, Scientific and Cultural Organization (UNESCO) Regional Office for Eastern Africa, in an interview recognized China's contribution to Africa's education sector over the years. "We value the initiative in teacher training in Uganda and other countries in Africa. This will revitalize the teaching profession,"...
(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...
(The Wall Street Journal 03/15/17)
Ndalo Media founder Khanyi Dhlomo and Mara Group founder Ashish Thakkar on where the potential is and what’s blocking it How is innovation in Africa different from innovation in Silicon Valley? And how can innovation in Africa be encouraged? Dan Keeler, frontier-markets editor of The Wall Street Journal, discussed those questions with Khanyi Dhlomo, founder and chief executive of Ndalo Media, a publisher based in South Africa, and Ashish Thakkar, founder of Mara Group, a pan-African investment group with operations...
(Agence Ecofin 03/14/17)
In Rwanda, the National Agricultural Exports Board (NAEB) announced an increase of 64% of the minimum price guaranteed to coffee-growers. Indeed, the kilogram of the crop will be now sold at 246 Rwandan francs against 150 Rwandan francs previously. According to Pie Ntwari, head of public communication and relations at the NAEB, the decision to increase the price by the government aims to encourage coffee farmers and subsequently boost its production. Besides increasing output, the official believes the measure will also help produce coffee of higher quality.
(Agence Ecofin 03/14/17)
The Land Policy Initiative (LPI), a joint programme of the tripartite consortium consisting of the African Union Commission (AUC), the African Development Bank (AfDB) and the United Nations Economic Commission for Africa (ECA) has launched a pilot project to track progress in implementing in the AU Declaration on land issues in Africa. This was revealed by the ECA in a press statement dated March 7. In collaboration with the International Food Policy Research Institute (IFPRI), the project will assess progress...
(Xinhuanet 03/13/17)
Rwanda and Sao Tome and Principe have signed five agreements aimed at enhancing cooperation ranging from agriculture to tourism. The agreements are on cooperation in areas of agriculture, animal resources, tourism trade, air transport, and visa waiver. Rwanda's foreign minister Louise Mushikiwabo, and her counterpart Urbino Botelho signed the agreements on behalf of their respective countries, following talks in Kigali aimed at strengthening relations between the two countries. A statement released Sunday said both sides pledged to implement the agreements aimed at consolidating bilateral relations as well as promoting South-South Cooperation and strengthening African solidarity.
(Reuters (Eng) 03/13/17)
The United Arab Emirates, one of the Middle East's largest economies, wants to expand trade ties with faster growing nations in Asia and Africa, a senior official said on Sunday. Rich Gulf Arab states are looking at ways to diversify their economies, including who they trade with, after more than two years of depressed oil prices forced a rethink of government spending. The pace of economic growth in Asian and sub-Saharan African economies has made them ideal partners, Abdullah al-Saleh,...
(AFP (eng) 03/10/17)
In the beginning was .com, followed by a host of other .somethings, but on Friday, 32 years after the world's first domain name was registered, the African Union has launched .africa for the continent. Africans who want to register a website will be able to apply for a .africa domain name in the coming months, which outgoing AU commission chair Nkosazana Dlamini-Zuma said would allow the continent's people and businesses to better reach the world. "With .africa, I would say...
(Xinhuanet 03/09/17)
The International Women's Day was marked Wednesday in Rwanda with a call to close the gender gap. Speaking at the national celebrations in Nyabihu, in western Rwanda, First Lady Jeannette Kagame said national development cannot be achieved if the biggest percent of the population is excluded. Women make up 52 percent of the about 12 million of Rwanda's population. The First Lady observed that Rwandan women's capacity cannot be doubted because women are already key contributors in national development. Rwandan women are in the public sector, been elected into leadership positions, in private sector business and in security organs
(Xinhuanet 03/09/17)
A critical mass of trained and well equipped community health workforce is key to easing the rising burden of infectious and noncommunicable diseases in Africa, experts said on Wednesday at a continental forum taking place in Nairobi. The experts, policymakers and campaigners who attended Africa Health Agenda International Conference agreed that optimal engagement of community health workers is key to revolutionize response to diseases ravaging the continent. Kenya's Cabinet Secretary for Health Cleopa Mailu in his opening remarks said that...
(AFP (eng) 03/08/17)
Lawyers and human rights campaigners launched an initiative for African whistleblowers in Senegal on Tuesday, aimed at providing a secure means of exposing wrongdoing on the continent. African nations such as Somalia, South Sudan, Libya and Guinea-Bissau regularly appear at the very bottom of rankings such as Transparency International's Corruption Index, while none make it into the top 30. The Platform for the Protection of Whistleblowers in Africa (PPLAAF) will provide guidance from legal experts, secure submission of information and...

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(The New Times 03/23/17)
Rwanda is prepared to send more peacekeepers to be part of the United Nations Mission in South Sudan (UNMISS), the acting Defence and Military Spokesperson, Lt Col René Ngendahimana, has confirmed. He disclosed this yesterday after the U.N. peacekeeping chief, Hervé Ladsous said during a visit to South Sudan's capital, Juba, on Tuesday that the first peacekeepers from Rwanda, Nepal and Bangladesh will begin arriving in the next few weeks. "That is true. There is an additional force required by the UN and, Rwanda is ready to contribute an additional battalion," Ngendahimana told The New Times. Rwanda presently maintains 1,650 troops as part of UNMISS.
(AFP (eng) 03/21/17)
Under a cloudless sky in South Africa's northwestern farming region, donkeys still amble along muddy paths, pausing to nibble on grass, oblivious to the threat from a demand for Chinese medicine. The gelatin found in the animals' skin has made them a target, leading to a growing wave of donkey slaughtering in several African countries, as gangs seek to fuel a lucrative, and in South Africa illegal, trade. Animal rights groups say the docile beasts of burden are often cruelly bludgeoned to death before being skinned in backyards and clandestine slaughterhouses. Around Mogosani village, in South Africa's North West province, residents say syndicates catch the animals in grazing fields and pens. Soon after, skinned carcasses with hooves chopped off are...
(Voice of America 03/17/17)
One of the enduring legacies of the Barack Obama presidency will be the relationship built between the United States and young Africans. As part of Obama’s Young African Leaders Initiative (YALI), each year 1,000 young people from sub-Saharan Africa travel to the United States to spend six weeks at a U.S. college or university. The program will continue this summer. But building enduring relationships is a two-way street, and many in Africa want to see Americans coming to their continent...
(Xinhuanet 03/16/17)
China's aid to the education sector in Africa is helping boost teacher training, a key component in skilling the population to fast track development, a UN official has said. Ann Therese Ndong-Jatta, Director of United Nations Educational, Scientific and Cultural Organization (UNESCO) Regional Office for Eastern Africa, in an interview recognized China's contribution to Africa's education sector over the years. "We value the initiative in teacher training in Uganda and other countries in Africa. This will revitalize the teaching profession,"...
(Agence Ecofin 03/14/17)
The Land Policy Initiative (LPI), a joint programme of the tripartite consortium consisting of the African Union Commission (AUC), the African Development Bank (AfDB) and the United Nations Economic Commission for Africa (ECA) has launched a pilot project to track progress in implementing in the AU Declaration on land issues in Africa. This was revealed by the ECA in a press statement dated March 7. In collaboration with the International Food Policy Research Institute (IFPRI), the project will assess progress...
(AFP (eng) 03/10/17)
In the beginning was .com, followed by a host of other .somethings, but on Friday, 32 years after the world's first domain name was registered, the African Union has launched .africa for the continent. Africans who want to register a website will be able to apply for a .africa domain name in the coming months, which outgoing AU commission chair Nkosazana Dlamini-Zuma said would allow the continent's people and businesses to better reach the world. "With .africa, I would say...
(Xinhuanet 03/09/17)
The International Women's Day was marked Wednesday in Rwanda with a call to close the gender gap. Speaking at the national celebrations in Nyabihu, in western Rwanda, First Lady Jeannette Kagame said national development cannot be achieved if the biggest percent of the population is excluded. Women make up 52 percent of the about 12 million of Rwanda's population. The First Lady observed that Rwandan women's capacity cannot be doubted because women are already key contributors in national development. Rwandan women are in the public sector, been elected into leadership positions, in private sector business and in security organs
(Xinhuanet 03/09/17)
A critical mass of trained and well equipped community health workforce is key to easing the rising burden of infectious and noncommunicable diseases in Africa, experts said on Wednesday at a continental forum taking place in Nairobi. The experts, policymakers and campaigners who attended Africa Health Agenda International Conference agreed that optimal engagement of community health workers is key to revolutionize response to diseases ravaging the continent. Kenya's Cabinet Secretary for Health Cleopa Mailu in his opening remarks said that...
(AFP (eng) 03/08/17)
Lawyers and human rights campaigners launched an initiative for African whistleblowers in Senegal on Tuesday, aimed at providing a secure means of exposing wrongdoing on the continent. African nations such as Somalia, South Sudan, Libya and Guinea-Bissau regularly appear at the very bottom of rankings such as Transparency International's Corruption Index, while none make it into the top 30. The Platform for the Protection of Whistleblowers in Africa (PPLAAF) will provide guidance from legal experts, secure submission of information and...
(AFP (eng) 03/04/17)
The wife of a member of Rwanda's opposition in exile who went missing in the central African country two weeks ago, is in police custody accused of ties to a criminal network, her husband said Friday. The Rwandan authorities "have acknowledged that they have Vilette in their custody and appear to be accusing her of working with criminals," said Faustin Rukundo, who is married to Violette Uwamahoro, a dual citizen of Rwanda and Britain. Rukundo told AFP that earlier the...
(AFP (eng) 02/28/17)
The Ibrahim Prize for Achievement in African Leadership -- the world's biggest individual prize -- drew a blank once again in finding a suitable laureate, it was announced Tuesday. The prize only goes to a democratically-elected African leader who demonstrated exceptional leadership, served their mandated term and left office within the last three years. The award comes with $5 million (4.7 million euros) paid over 10 years and $200,000 annually for life from then on. The prize, founded by Sudan-born...
(AFP (eng) 02/23/17)
For the first time in Africa, researchers said Wednesday they have detected a malaria parasite that is partially resistant to the top anti-malaria drug, artemisinin, raising concern about efforts to fight a disease that sickens hundreds of millions of people each year. The discovery means that Africa now joins southeast Asia in hosting such drug-resistant forms of the mosquito-borne disease. Malaria infected more than 200 million people and killed some 438,000 people worldwide in 2015, most of them children in...
(Bloomberg 02/21/17)
Ashish Thakkar, who co-founded Africa banking conglomerate Atlas Mara Ltd. with ex-Barclays Plc head Bob Diamond, lost a ruling over the ownership of family assets in a London divorce case, with a judge questioning Thakkar’s truthfulness. Judge Philip Moor ruled that Thakkar, and not his mother and sister, was the owner of disputed assets in the divorce. He found that the 35-year-old owned 100 percent of Mara Group Holdings Ltd. and other corporate entities. The result will have ramifications in...
(Xinhuanet 02/16/17)
Former Rwanda's state minister for mining Wednesday appeared in court where he was charged with favoritism and falsifying official documents. Evode Imena appeared before Nyarugenge High Court in Kigali. Imena, who was arrested last January after being fired from cabinet, is accused together with two former officials who worked in former Rwanda Natural Resources Authority. Prosecution alleges that the trio hastily registered a company which was fraudulently awarded a license to conduct mining in Nduba mines on the outskirts of...
(Xinhuanet 02/16/17)
The trial of 41 Rwandan Muslims suspected of involvement in terrorism crimes resumed Wednesday at the High Court in Kigali with prosecution praying for the hearing to be conducted in camera over security concerns. The suspects, including five women are accused of multiple counts, including belonging to a terrorist organization, complicity in a terrorist act, formation of a criminal gang and financing terrorism. Prosecution alleges that the suspects committed the crimes in different areas of Rwanda. Defense lawyers however asked...
(Xinhuanet 02/10/17)
More than two decades after the 1994 genocide, Rwanda National Commission for the Fight against Genocide (CNLG) has kicked off the preservation of clothing worn by genocide victims. The activity is part of the commission to ensure proper conservation of remains of genocide victims and the history of the 1994 tragedy that claimed more than a million lives. CNLG this week started conserving clothing worn by genocide victims at the Nyamata genocide memorial site in Bugesera District, Eastern Province. Most...
(AL Jazeera 02/08/17)
The EU must espouse a transnational approach with a clear development agenda that replaces its current security policy. One year ago, 22-year-old Patrick left Douala, the largest city in Cameroon, to become a football star in Europe. A talented midfielder and an ambitious young man, Patrick felt compelled to reach Europe to help him to realise his dreams. But, as he passed through Agadez in Niger, which has become a major transit hub for migrants taking the Central Mediterranean route,...
(Xinhuanet 02/03/17)
Rwanda has announced plans to start feeding more than a million most vulnerable people with fortified foods across the country, in a bid to eradicate malnutrition especially among children. The campaign to produce foods with essential nutrients to fight malnutrition has been backed by the establishment of food fortification processing firm Africa Improved Foods (AIF) Rwanda, based at Kigali Special Economic Zone, in Gasabo district, Kigali City. Fortification deals with the addition of micronutrients to improve nutritional quality of food supply that will assist human beings in enjoying optimal metabolism and normal growth.
(Reuters (Eng) 02/02/17)
African leaders have backed a "strategy of collective withdrawal" from the International Criminal Court (ICC), but it came with unspecified reservations, an African Union official said on Wednesday after this week's African Union summit. The official did not give details about the strategy or the reservations, but it highlights broad antipathy towards the court among Africans who feel the ICC unfairly targets them. A document seen by Reuters before the summit proposed a co-ordinated withdrawal unless the ICC was reformed...
(AFP (eng) 01/30/17)
Thirty individuals claiming to be members of a Congolese militia group have sought refuge in neighbouring Rwanda, saying they were fleeing a Congo army offensive, the Rwandan government said Monday. The fighters were unarmed when they were apprehended after crossing the border near the Rubavu district on Sunday, Rwanda's defence ministry said. M23 is a mostly ethnic Tutsi rebel group that mutinied against the Democratic Republic of Congo in 2012, saying a peace accord signed in 2009 had not been...

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(Xinhuanet 03/20/17)
The World Bank Group President Jim Yong Kim is expected in Rwanda on Tuesday. During his visit, from March 21-22, Kim is expected to meet with Rwandan President Paul Kagame to discuss the east African country's development achievements, innovations and the progress made in fostering private sector growth and development, according to a statement issued by the World Bank office on Friday in Kigali. Kim will also hold meetings with private sector leaders and visit human development and other projects in various parts of the country including an ICT innovation centre at K-lab in Kigali and a social protection center at Kinyana to see how the World Bank Group can help sustain and further strengthen...
(Agence Ecofin 03/20/17)
At the Africa CEO Forum which opened this morning in Geneva, AFD Group – in partnership with the European Union – unveiled the “African Renewable Energy Scale-Up facility”, designed to boost private sector investment in on–grid and off-grid renewable energy production in Africa. In order to meet Africa’s constantly increasing energy requirements, support must be provided for mass development of the renewable energy technologies – especially solar energy – that will play such a key role over the coming years, given the recent drop in prices and the emergence of new innovative business models. The EU’s electrification funding initiative, “ElectriFI”, helps to harness and stimulate private sector investment to enhance access to renewable energy. More specifically, it focuses on poorly-served...
(Voice of America 03/18/17)
Each year, the University of Southern California hosts the African Global Economic and Development Summit, bringing delegations from Africa to meet with business leaders, government officials and others in the U.S. But this year, the African summit has no Africans. All were denied visas. Visa issues are not uncommon for people traveling from African nations. During her prior three summits, Mary Flowers saw a high percentage of her attendees unable to attain visas. "Usually we get 40 percent that get...
(The Wall Street Journal 03/15/17)
Ndalo Media founder Khanyi Dhlomo and Mara Group founder Ashish Thakkar on where the potential is and what’s blocking it How is innovation in Africa different from innovation in Silicon Valley? And how can innovation in Africa be encouraged? Dan Keeler, frontier-markets editor of The Wall Street Journal, discussed those questions with Khanyi Dhlomo, founder and chief executive of Ndalo Media, a publisher based in South Africa, and Ashish Thakkar, founder of Mara Group, a pan-African investment group with operations...
(Agence Ecofin 03/14/17)
In Rwanda, the National Agricultural Exports Board (NAEB) announced an increase of 64% of the minimum price guaranteed to coffee-growers. Indeed, the kilogram of the crop will be now sold at 246 Rwandan francs against 150 Rwandan francs previously. According to Pie Ntwari, head of public communication and relations at the NAEB, the decision to increase the price by the government aims to encourage coffee farmers and subsequently boost its production. Besides increasing output, the official believes the measure will also help produce coffee of higher quality.
(Xinhuanet 03/13/17)
Rwanda and Sao Tome and Principe have signed five agreements aimed at enhancing cooperation ranging from agriculture to tourism. The agreements are on cooperation in areas of agriculture, animal resources, tourism trade, air transport, and visa waiver. Rwanda's foreign minister Louise Mushikiwabo, and her counterpart Urbino Botelho signed the agreements on behalf of their respective countries, following talks in Kigali aimed at strengthening relations between the two countries. A statement released Sunday said both sides pledged to implement the agreements aimed at consolidating bilateral relations as well as promoting South-South Cooperation and strengthening African solidarity.
(Reuters (Eng) 03/13/17)
The United Arab Emirates, one of the Middle East's largest economies, wants to expand trade ties with faster growing nations in Asia and Africa, a senior official said on Sunday. Rich Gulf Arab states are looking at ways to diversify their economies, including who they trade with, after more than two years of depressed oil prices forced a rethink of government spending. The pace of economic growth in Asian and sub-Saharan African economies has made them ideal partners, Abdullah al-Saleh,...
(The Independent 03/06/17)
Th term was coined by sceptical officials, worried about the importance given to Commonwealth trade deals ahead of Brexit negotiations. Plans by government ministers to boost trade links with African Commonwealth countries are being internally branded “empire 2.0” by sceptical officials who are worried about the importance being placed on such deals ahead of the UK’s negotiations of leaving the European Union (EU). International Trade Secretary Liam Fox is expected to promise to build better links with the whole of...
(The East African 03/03/17)
Kenya has joined its East African neighbours, Uganda and Rwanda, by launching a cargo tracking system intended to reduce the cost of trade and check tax evasion. The Kenya Revenue Authority (KRA) on Wednesday launched the Regional Electronic Cargo Tracking System, which enables real time tracking of transit cargo from Mombasa port to its destination through an online platform monitored in the three countries. KRA commissioner general John Njiraini said the new system would be operational by the end of...
(Bloomberg 03/03/17)
Polar Star Management Ltd., which runs one of the best-performing African and Middle East hedge fund over the past five years, plans to start a private-equity unit that will invest in agriculture to exploit rising demand for food. The Cape Town-based firm plans to use its own money to buy small farms and processing companies in South Africa this year, then increase efficiency through consolidation and better management, said Murray Derksen, a director at Polar Star. It aims to raise...
(Xinhuanet 02/22/17)
Africa Energy Indaba, the continent's premier energy event, kicked off in Johannesburg on Monday with the aim of finding solutions to the continent's energy future. The three-day conference is being attended by the governments' representatives, business and funders. The meeting seeks to unleash the continent's potential by coming up with an energy mix to develop Africa. Dr. Garth Strachan, Deputy Director General and Head of Gas Industrialization Unit in South Africa's Department of Trade and Industry said the recent discoveries...
(AFP (eng) 02/15/17)
Sub-Saharan Africa, where more than a half billion people live without electricity, trails the world in government policies that promote sustainable energy, according to a new World Bank report Wednesday. Much of the rest of the world, however, has made strides toward making energy broadly available, developing renewable power sources and increasing efficiency, the inaugural Regulatory Indicators for Sustainable Energy report said. In a survey of 111 countries, the World Bank found that through 2015 nearly 80 percent had begun...
(Standard Digital 02/09/17)
Hundreds of business and political personalities yesterday attended a German-African economic summit in Nairobi, where German Minister for Economic Cooperation and Development Gerd Mueller talked about his “Marshall Plan” for Africa. The plan is “with Africa, not for Africa,” Mueller (pictured) said, stressing that it would be based on cooperation between equals rather than the principles of traditional development aid. The plan, which Mueller presented to the German parliament’s development committee on Wednesday, is based on fair trade conditions, investment...
(Bloomberg 02/06/17)
Prem Watsa’s Fairfax Financial Holdings Ltd. is expected to raise about $500 million for its new African investment fund, attracting less than its original goal as investor interest in the region proved weaker than anticipated, according to people familiar with the matter. The Toronto-based insurer sought to raise as much as $1 billion at $10 a share for Fairfax Africa Holdings Corp. in an initial public offering on the Toronto Stock Exchange, according to a regulatory filing in December. Fairfax...
(Xinhuanet 01/28/17)
The African Union (AU) has been endeavoring to ensure robust, resilient and long-lasting economic transformation of Africa through promotion of infrastructure and energy development on the continent, noted Elham Mahmood Ibrahim, AU Commissioner for Infrastructure and Energy. Speaking at a press conference Friday ahead of the 28th AU leaders' summit here, the commissioner said the pan-African bloc has scored achievements in its flagship projects and programs on the development of energy, transport as well as in the information and communication...
(Bloomberg 01/27/17)
Barclays Africa Group Ltd. was targeted by protesters who entered one of its branches on Thursday and demanded the bank pay back money from a bailout provided to a company it bought before the end of apartheid. Demonstrators linked to the youth league of South Africa’s ruling African National Congress gathered outside the branch in Durban on South Africa’s east coast, Johannesburg-based Barclays Africa said in an e-mailed response to questions. Police ensured customers and staff were protected during the...
(Xinhuanet 01/26/17)
Adopting African Continental Free Trade Area (CFTA) has been named a major task for the African Union (AU) this year as the 30th session of its Executive Council opened on Wednesday. In her remarks at the opening of the meeting, Nkosazana Dlamini-Zuma, Chairperson of the AU Commission, called for member countries' commitment to meeting the first target in Agenda 2063 of commencing the CFTA by end of 2017. She underlines the need "to do what needs to be done on...
(Cnbc Africa 01/24/17)
While Brexit and the U.S. election dominated headlines in 2016, the African continent witnessed major changes of its own. Its two largest economies were destabilized, with Nigeria being driven into recession and the South African political elite grappling for power. Conflict continued to make news, with the continuation of people trafficking across the Mediterranean and violence in South Sudan bubbling over. Macroeconomic concerns Growth in Sub-Saharan Africa fell to 1.5 percent in 2016 according to the World Bank, which deemed...
(Agence Ecofin 01/06/17)
Indian firm Aaviskaar Venture Management Services (AVMS) has announced plans to raise between $100 million and $150 million for Africa investments. “We will start the fund-raising around the middle of 2017 and we expect to close it in 2018,” said Vineet Rai, founder of Intellecap-Aavishkaar group. The new African fund will focus on investing on African low-income groups, especially in the agriculture, finance and financial technology sectors. “We will use the sow-tend-reap strategy of multiple round investing and will be...
(BBC News Africa 01/03/17)
An electricity grid for the whole village Problem: A total of 1.3 billion people worldwide currently don't have electricity, according to Yale Environment 360. Getting people in rural areas on to the national grid is proving too difficult and traditional solar panels generate meagre amounts of energy. Solution: Steamaco makes solar and battery micro-grids which can work for a whole village. They are small electricity generation and distribution systems that operate independently of larger grids. How it works: Micro-grids are...

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(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 of a briefing by 2018 Games hosts Gold Coast on Wednesday. "Durban has hosted some great events, it is a fantastic city and are wonderful warm hosts with bright ambitions and great aspirations. "However, it...
(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 choice for regular Champions League entrants Coton Sport from northern Cameroon cotton town Garoua. Coton qualified for the 2008 final, losing to Al Ahly of Egypt, but have fared poorly recently with first round exits in the past two seasons...
(The New Times 02/09/17)
The US federal judge ruled that Gervais "Ken" Ngombwa, a Rwandan national, participated in the 1994 Genocide against the Tutsi that left over a million people dead. According to media reports, U.S. District Court Chief Judge Linda Reade on Wednesday ruled that Ngombwa, 56, was a leader of MDR-Power, an extremist political party that encouraged members to exterminate Tutsis in 1994. Ngombwa, who was already facing charges related to immigration fraud, faces more than 10 years based on evidence of genocide involvement, according to the Judge. Last year in May Ngombwa was convicted for having falsified
(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...
(Xinhuanet 11/21/16)
Rwanda's Valens Ndayisenga, riding for South Africa-based Continental Team Dimension Data, won the eighth edition of the Tour of Rwanda cycling race that just concluded at the Amahoro National Stadium in Kigali on Sunday. The 2014 winner needed 21:15:21 to finish, covering seven stages and a prologue, a total distance of 819.1km. The 22-year-old from eastern Rwanda's Rwamagana district beat his teammate Eyob Metkel, who finished 39 seconds behind in second place after clocking 21:16:00. In a tweet, Rwandan President...
(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...
(Capitalfm Business 10/28/16)
Nairobi — Kenya booked a second straight ticket to the under 23 World championship after they beat Rwanda 3-1 (25-23, 23-25,25-22, 25-19) in a decisive match on the last day of the Africa Volleyball championship that ended Thursday at the Kasarani Indoor stadium. The last time Kenya took part in the worlds was three years ago in Mexico. But the junior Malkia Strikers will be on flight again in August next year as Africa representatives alongside Egypt after they finished...
(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) 08/06/16)
Adrien Niyonshuti is on a mission in Rio but his aim is far bigger than any dreams of personal glory. Niyonshuti wants to transform cycling in his home country, Rwanda. Four yeas ago in London he was Rwanda's flag bearer and became their first ever competitor in mountain biking. Since then he has concentrated on road cycling and will take part in Saturday's road race alongside some of the world's best, including Tour de France champion Chris Froome. "I'm in...
(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,"...
(Xinhuanet 07/18/16)
Rwanda is ready to host the 10th East Africa Community (EAC) Military Games and Cultural Event, slated for August 5 to 18, 2016, officials said. Brig Gen Ferdinand Safari, the head of Rwandan delegation at the Final Planning Conference made the assurance at the conclusion of their preparatory meeting this weekend. The event will be held under the theme "One people One Destiny." The regional event final planning conference was held in Kigali from July 11 to 15, 2016. "On...
(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...
(Xinhuanet 03/21/16)
Newly elected Fifa president, Gianni Infantino, will visit Rwanda later this year, the Rwanda Football Federation (FERWAFA) announced Saturday. The president of the federation Vincent Nzamwita told reporters that, the newly elected leader of the World soccer governing body plans to visit Rwanda during his maiden trip to some of the African nations. "I was in Zurich, Switzerland last week for a meeting, and I happened to meet Mr. Infantino and he confirmed to me that Rwanda will be among...
(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...
(AFP (eng) 01/13/16)
The host of the 2016 African Nations Championship (CHAN 2016), Rwanda, said Wednesday it is ready ahead of the tournament's start this weekend. "We are fully ready to host this high-level competition," said Vincent Nzamwita, president of the Rwanda Football Federation, which hosts the tournament from January 16 to February 7, adding it is "a great honour". The tournament, organised by the African Football Confederation (CAF), is held every two years. It is reserved for players who play their football...
(Xinhuanet 01/08/16)
The year begins on a good note for Rwandan football with the nation improving by 10 places to 91st in the latest Federation of International Football Associations (FIFA) rankings. The country, which has consistently dropped places in previous FIFA rankings, surprised the Rwanda local football governing body and football enthusiasts after learning of the latest position in the global football ranking. With 375 points, Rwanda is now ranked 23rd on the African continent ahead of giants Togo, Angola and Malawi...
(Xinhuanet 01/07/16)
(Xinhua) -- Rwandan football enthusiasts are excited about the forthcoming 2016 Africa Nations Championships (CHAN) which will take place in Rwanda mid January. The fourth edition of CHAN is slated from January 16-February 7 at the Capital Kigali stadiums, as well as in Huye and Gisenyi. Soccer fans feel excitement as the buses ferrying Africa football stars arrived in Kigali on Monday. About 16 buses to transport teams have arrived in Rwanda amid CHAN preparations which are in high gear. "I am so excited to see these buses.

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(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 the West, criticism of the International Monetary Fund and World Bank, and pride in being African. One of 20 feature-length movies on show at the Panafrican Film and Television Festival (Fespaco) in Burkina Faso's capital...
(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 by customs officers, thieves, murderers and rapists. The film -- the first feature-length film to show at the festival -- deals with "the bravery of women," Traore told AFP at the festival in the Burkinabe capital Ouagadougou. "There is a...
(APA 10/27/16)
Rwandan President Paul Kagame expected in Brazzaville for a two-day working visit, arrived on Thursday at Maya-Maya airport in Brazzaville, where he was welcomed by his host President Denis Sassou Nguesso, APA notes here. After arrival, Kagame had a brief discussion with his counterpart at the VIP lounge of Maya-Maya Airport before the cortege went to the guests’ villa where Kagame will stay for the duration of his visit. According to Congolese national protocol, on the agenda of the visit...
(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...
(Xinhuanet 07/28/16)
Fourteen African countries have been invited for the Pan-African Dance Festival known as FESPAD due in Rwanda next week. Rwanda's Minister of Sports and Culture Julienne Uwacu told journalists in Kigali on Wednesday that FESPAD will be launched at Amahoro National Stadium in Remera, Kigali on August 1, before being taken to four selected districts of the country. The districts include Kayonza in eastern Rwanda, Musanze in northern, Rusizi in western and Nyanza in southern Rwanda. FESPAD will be concluded...
(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...
(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.
(The New Times 04/07/16)
Atleast 20 participants from the arts industry completed a one week training workshop on result oriented project management at the Rwanda Arts Initiative (RAI) premises in Kimuhurura over the weekend. The project kicked off on March 28 and involved participants from Rwanda, Burundi, Tanzania, Uganda and DR Congo. The participants were equipped with skills in project management to help them generate income in arts projects like practicing cinema, performing arts, music, and literature among others. Luc Ameye, the workshop trainer...
(The New Times 03/15/16)
Outstanding filmmakers who participated at the recently concluded second annual edition of Mashariki African Film Festival (MAFF) were awarded. The festival, which started on March 5, concluded on Saturday at the Grand Pension Plaza’s Roof Top. The closing ceremony saw three outstanding filmmakers with short films awarded with cash prizes and 60 students who completed the week-long pre-production, acting and post-production classes, awarded with certificates. Pluvier Benko emerged winner with his film A ride in a Coffin, walking away with...
(The East African 02/08/16)
Kivu Ruhorahoza. Little known back home but gradually gaining recognition abroad, he is a skilled Rwandan film maker who is currently making waves in the international film circuit with his latest feature film Things of the Aimless Wanderer. Since its release late last year ithe film has premiered at Sundance in USA, Sydney, Durban and the Rotterdam film festivals. It will be screened in Rwanda this year. The film was released in February 2015. Shot in Rwanda, it is about...
(The New Times 01/19/16)
A new local private television station, Flash TV, is expected to go on air anytime soon. This will increase the number of licenced private TV stations in the country to over 20 on top of dozens of radio stations and newspapers. The proliferation of media outlets is an indicator that the media sector in Rwanda is becoming more vibrant, and has potential to attract more private investors. It also offers consumers of the media a variety to choose from, but...
(The New Times 01/08/16)
On November 15, 2015, in Sandton, South Africa, former Miss Rwanda finalist Joannah Keza Bagwire did Rwanda proud: she scooped 2nd place in Africa and 4th worldwide at that year's annual Miss Heritage Global beauty pageant. Formerly known as Miss Heritage World, Miss Heritage Global is an international beauty contest that seeks to promote world heritage. The brainchild of Zimbabwean Tare Munzara, the pageant brings together women from across the globe to showcase their countrys' national heritage. Bagwire, whose middle...
(APA 11/03/15)
The Rwanda and Namibian police forces have signed a pact to boost and enhance cooperation in law enforcement particularly cross border crimes linked to the two countries. The pact was signed on Tuesday by the Rwandan Inspector General of Police (IGP) Emmanuel K. Gasana and his Namibian counterpart Lieutenant General Sebastian Ndeitunga, on the sidelines of the 84th Interpol General Assembly being held in the capital Kigali. The agreement will formalize their cooperation against cross-border crimes such as cybercrimes, narcotics...
(AFP 10/17/15)
Belgian pop star Stromae said Saturday he was "delighted" but also emotional to be back in Rwanda, the birthplace of his father, who was killed in the 1994 genocide. The singer, who broke off an African tour in June after falling sick to the huge disappointment of fans, plays his first concert in Rwanda later Saturday, after performances in neighbouring Democratic Republic of Congo. "I'm obviously delighted to be here, especially with the health problems I had and the cancellation...
(AFP (eng) 10/16/15)
Stromae, the French-speaking world's singing superstar, arrives in Rwanda Friday, birthplace of his father who was killed in the 1994 genocide. The singer, who broke off an African tour in June after falling sick to the huge disappointment of fans, plays his first concert in Rwanda on Saturday, after performances in neighbouring Democratic Republic of Congo. "I am very happy to see him return to his country of origin," said 20-year old fan Olivier Havugimana in Kigali, where excitement is...

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(Voice of America 03/18/17)
Each year, the University of Southern California hosts the African Global Economic and Development Summit, bringing delegations from Africa to meet with business leaders, government officials and others in the U.S. But this year, the African summit has no Africans. All were denied visas. Visa issues are not uncommon for people traveling from African nations. During her prior three summits, Mary Flowers saw a high percentage of her attendees unable to attain visas. "Usually we get 40 percent that get rejected but the others come," said Flowers, chair of the African Global Economic and Development Summit. "This year it was 100 percent. Every delegation. And it was sad to see, because these people were so...
(Voice of America 03/17/17)
One of the enduring legacies of the Barack Obama presidency will be the relationship built between the United States and young Africans. As part of Obama’s Young African Leaders Initiative (YALI), each year 1,000 young people from sub-Saharan Africa travel to the United States to spend six weeks at a U.S. college or university. The program will continue this summer. But building enduring relationships is a two-way street, and many in Africa want to see Americans coming to their continent as well. That’s what 26 Americans selected to participate in a Reciprocal Exchange program, a new component of the Mandela Washington Fellowship for Young African Leaders, are now planning to do. The U.S. Department of State partnered with IREX, a...
(The Wall Street Journal 03/15/17)
Ndalo Media founder Khanyi Dhlomo and Mara Group founder Ashish Thakkar on where the potential is and what’s blocking it How is innovation in Africa different from innovation in Silicon Valley? And how can innovation in Africa be encouraged? Dan Keeler, frontier-markets editor of The Wall Street Journal, discussed those questions with Khanyi Dhlomo, founder and chief executive of Ndalo Media, a publisher based in South Africa, and Ashish Thakkar, founder of Mara Group, a pan-African investment group with operations...
(The Independent 03/06/17)
Th term was coined by sceptical officials, worried about the importance given to Commonwealth trade deals ahead of Brexit negotiations. Plans by government ministers to boost trade links with African Commonwealth countries are being internally branded “empire 2.0” by sceptical officials who are worried about the importance being placed on such deals ahead of the UK’s negotiations of leaving the European Union (EU). International Trade Secretary Liam Fox is expected to promise to build better links with the whole of...
(Bloomberg 03/03/17)
Polar Star Management Ltd., which runs one of the best-performing African and Middle East hedge fund over the past five years, plans to start a private-equity unit that will invest in agriculture to exploit rising demand for food. The Cape Town-based firm plans to use its own money to buy small farms and processing companies in South Africa this year, then increase efficiency through consolidation and better management, said Murray Derksen, a director at Polar Star. It aims to raise...
(Bloomberg 02/21/17)
Ashish Thakkar, who co-founded Africa banking conglomerate Atlas Mara Ltd. with ex-Barclays Plc head Bob Diamond, lost a ruling over the ownership of family assets in a London divorce case, with a judge questioning Thakkar’s truthfulness. Judge Philip Moor ruled that Thakkar, and not his mother and sister, was the owner of disputed assets in the divorce. He found that the 35-year-old owned 100 percent of Mara Group Holdings Ltd. and other corporate entities. The result will have ramifications in...
(Voice of America 02/14/17)
U.S. President Donald Trump made his first phone calls to African heads of state Monday, speaking with Nigerian President Muhammadu Buhari and South African President Jacob Zuma. Nigeria and South Africa said the calls were made at the request of the U.S. president, who until now has said little about Africa or African issues since assuming office last month. The Nigerian presidency said Trump and Buhari discussed issues of terrorism, and said Trump assured Buhari the United States is ready...
(AL Jazeera 02/08/17)
The EU must espouse a transnational approach with a clear development agenda that replaces its current security policy. One year ago, 22-year-old Patrick left Douala, the largest city in Cameroon, to become a football star in Europe. A talented midfielder and an ambitious young man, Patrick felt compelled to reach Europe to help him to realise his dreams. But, as he passed through Agadez in Niger, which has become a major transit hub for migrants taking the Central Mediterranean route,...
(Bloomberg 02/06/17)
Prem Watsa’s Fairfax Financial Holdings Ltd. is expected to raise about $500 million for its new African investment fund, attracting less than its original goal as investor interest in the region proved weaker than anticipated, according to people familiar with the matter. The Toronto-based insurer sought to raise as much as $1 billion at $10 a share for Fairfax Africa Holdings Corp. in an initial public offering on the Toronto Stock Exchange, according to a regulatory filing in December. Fairfax...
(Bloomberg 01/27/17)
Barclays Africa Group Ltd. was targeted by protesters who entered one of its branches on Thursday and demanded the bank pay back money from a bailout provided to a company it bought before the end of apartheid. Demonstrators linked to the youth league of South Africa’s ruling African National Congress gathered outside the branch in Durban on South Africa’s east coast, Johannesburg-based Barclays Africa said in an e-mailed response to questions. Police ensured customers and staff were protected during the...
(Bloomberg 01/25/17)
Taiwan’s last two African allies have no plans to switch allegiances and break ties with Taipei as Beijing tries to woo the self-ruled island’s diplomatic partners. Burkina Faso won’t cut relations with Taiwan despite people and companies with links to China offering funding in return for recognition of the One-China principle, according to Foreign Minister Alpha Barry. Swaziland said its relationship with Taiwan is based on mutual interests, not on money. “We get outrageous proposals telling us, ‘if you sign...
(Voice of America 01/20/17)
By most measures, Africa is safer today than it has been in the modern era: Diseases are less deadly and wars are less frequent. But recent years have also been marked by a rise in radical extremism on the continent, and the terror threat could derail some of the world's fastest-growing economies. Dealing with the spread of radicalization has been a central focus of U.S. President Barack Obama's foreign policy during his time in office. Few areas have been spared...
(RFI 01/14/17)
The 27th Africa-France Summit kicked off on Friday in the Malian capital Bamako with more than 30 African heads of state meeting French officials to discuss the threat of jihadists in the Sahel region and improve democracy in Africa. the meeting is also an opportunity for French president François Hollande to showcase his legacy. The choice to hold the 27th Africa-France summit in Mali is not insignificant. Bamako is where president François Hollande first revealed himself as an international statesman,...
(Huffingtonpost 01/10/17)
And it’s ironic given the growing consensus that Beijing is the U.S. president-elect’s enemy number one. Eric Olander and Cobus van Staden are the duo behind the China Africa Project and hosts of the popular China in Africa Podcast. We’re here to answer your most pressing, puzzling, even politically incorrect questions, about all things related to the Chinese in Africa and Africans in China. The election of Donald Trump has introduced a new era of uncertainty in global politics, especially...
(BBC News Africa 01/03/17)
An electricity grid for the whole village Problem: A total of 1.3 billion people worldwide currently don't have electricity, according to Yale Environment 360. Getting people in rural areas on to the national grid is proving too difficult and traditional solar panels generate meagre amounts of energy. Solution: Steamaco makes solar and battery micro-grids which can work for a whole village. They are small electricity generation and distribution systems that operate independently of larger grids. How it works: Micro-grids are...
(Voice of America 12/30/16)
2016 was predicted to be a tough year for African economies, and it delivered. Traditional economic leaders faltered this year amid a storm of falling commodity prices, unpredictable and destructive weather like droughts and floods across large swaths of the the continent. Slow economic growth in China, a major investor and trading partner, only added to their challenges. “This year, you’ve seen the two Africas: the commodity exporters going through tough times, while the non-commodity exporters being more resilient,” Nigerian...
(Bloomberg 12/29/16)
Rwanda’s central bank cut its benchmark interest rate for the first time in two-and-a-half years to support flagging economic growth as inflation eased in the East African nation. The Monetary Policy Committee reduced the key repo rate to 6.25 percent from 6.5 percent, after leaving it unchanged since June 2014. The lowering of the key repo rate is to signal the banks to increase lending to the private sector and support growth,” Governor John Rwangombwa told reporters Wednesday in the...
(The Globe and Mail 12/23/16)
The Square Kilometre Array will be the world’s most powerful radio telescope, opening new frontiers in our understanding of the universe. But the builders have to contend with an unforgiving climate and other formidable challenges first, In the desolate rocky plains of the Great Karoo, the dangers are endless. Scorpions and puff adders are underfoot. The harsh sun beats down, interrupted only by occasional lightning storms. Temperatures range from stifling heat to freezing cold. But at night, in the vast...
(CNN 12/15/16)
In the sleepy, sun-blasted town of De Aar in central South Africa, a mighty force is stirring. The largest solar plant in Africa, Middle East and the Southern hemisphere was inaugurated here earlier this year, a 175-megawatt facility that spreads over almost 500 hectares. The facility is the brainchild of Solar Capital, led by hotel magnate turned solar evangelist Paschal Phelan, which ploughed $400 million into the venture. The plant supplies power to the National Grid, but when the heat...
(Le Monde 12/09/16)
Dozens of politicians, diplomats, military and intelligence chiefs, members of the opposition and leading business figures were wiretapped across the continent. This rare overview of modern satellite espionage could hardly be less technical and abstract, for it not only names the victims of intercepts but also reveals the scale of a surveillance operation spanning an entire continent. That continent is Africa. New documents shown to Le Monde, in collaboration with The Intercept, from the data cache of the former NSA...

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