| Africatime
Thursday 23 March 2017
(APA 03/23/17)
The Board of Directors of the West African Development Bank (BOAD), has approved new financings estimated at nearly CFA138 billion, a statement from the financial institution seen by APA on Thursday suggests. The board made the decision during its 104th regular session in Dakar, Senegal on Wednesday. "After approving the report of its 103rd meeting held in Bamako, Mali on 14 December 2016, the Board approved BOAD's accounts for the year ended December 31, 2016, submitted for the approval of the Council of Ministers of the West African Monetary Union (UMOA). It also approved 13 new financing valued at CFA 137.75 billion, bringing the total amount of BOAD's commitments since the start of its operational...
(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...
(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...
(RFI(EN) 03/17/17)
The Gambian government has requested that Senegal deploy an extra 1,000 soldiers as part of the regional military force in the country, Gambian President Adama Barrow told RFI in an interview on Wednesday. Barrow met with French President Francois Hollande during a two-day visit to Paris this week that focused on obtaining financial support for Gambia. "We are demanding 1,000 soldiers from Senegal to increase the numbers to make sure we are in a secure position," said President Barrow, in reference to a security treaty the two neighbouring countries recently signed.
(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...
(APA 03/16/17)
The death has been confirmed of the caliph of the Tijaniya brotherhood of Tivaouane in Senegal. Sheikh Ahmed Tidiane Sy, passed away late on Wednesday at the age of 91, local media reported on Thursday. He was installed as caliph in December 2012 shortly after the death of his brother Serigne Mansour Sy, and made rare public appearances during his stewardship of the brotherhood. He communicated through his younger brother Abdoul Aziz Sy. An outstanding orator and preacher, Sheikh Ahmed...
(APA 03/16/17)
The business climate in Senegal improved markedly at the end of the fourth quarter of 2016 compared to the previous one, the Directorate of Forecasting and Economic Studies (DPEE) said on Thursday. The indicator which synthesizes the opinions of business leaders was up by 30 percentage points quarterly to stand at 117 points against 87 points in the third quarter of 2016. On a disaggregated basis, the indicator gained 12 points in the industry, 14 points in building and public works, 15 points in services and 19 points in trade, the Dakar-based body added.
(APA 03/16/17)
Salaried employment in Senegal’s modern sector rose 3.7 percent by the end of the fourth quarter of last year, comparing favourably against the previous quarter, APA can report Wednesday from the Directorate of Forecasting and Economic Studies (DPEE). “This dynamic is driven by the tertiary and secondary sectors, which have recorded 5.4 percent and 2.1 percent increases respectively,” the DPEE added. Changes in the secondary sector were driven by an increase in the number of employees in almost all industries,...
(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...
(AFP (eng) 03/15/17)
Youssou Ndour, Senegal's most famous musician, is throwing his weight behind malaria eradication in his homeland to combat an illness that has for too long held back Africa's economic development. Malaria killed more than 400,000 people last year, according to the World Health Organization (WHO) -- the vast majority of them children living in sub-Saharan Africa. Ndour has performed and toured since the 1970s, blending Senegalese music with soul, hip-hop and jazz to international acclaim, but has also become known for his work as
(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)
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) 03/13/17)
A Guinean soldier wanted over the massacre of more than 150 people in a Conakry stadium has been extradited, ending years on the run in neighbouring Senegal and paving the way for his trial. Aboubakar Sidiki Diakite, also known as Toumba Diakite, was an aide de camp to Guinean coup leader Dadis Camara when 157 people were killed in September 2009 at an opposition rally. Witnesses reported presidential guards firing on the crowd, beating and arresting opposition leaders, and raping dozens of women in the stadium. Two months later, Diakite shot Camara after a dispute over responsibility for the massacre, then fled.
(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,...
(Agence Ecofin 03/10/17)
On a tour in the North of Senegal since March 5th, President Macky Sall advised rural land owners of the region to let investors valorize their properties. The leader was in this case addressing the people of Mbane, in the department of Dagana, where he commissioned cold storages at the Senegindia farm. Well aware of the uneasiness that foreign investment in the African agricultural sector cause over the continent, M. Sall still believes the risk it poses is worth taking...
(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)
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...

Pages