Tuesday 23 May 2017
(Bloomberg 09/03/13)
China’s smallest oil imports from West Africa in at least two years are curbing demand for tankers on the third-longest trade route, prolonging the worst rates in more than a decade for Frontline Ltd. and other owners. Chinese refiners will buy 28 percent less West African crude this month than a year earlier, the least in data starting in August 2011, according to loading plans and a Bloomberg News survey of eight traders. Shares of Frontline, which operates 32 very large crude carriers, will drop 38 percent in 12 months, the average of 14 analyst estimates compiled by Bloomberg shows. Those of Euronav SA, with 13 supertankers in its fleet, will retreat 24 percent, the forecasts show. Tanker owners are...
(AFP 09/02/13)
DAKAR, September 2, 2013 (AFP) - Aminata Toure, a rights activist who was named Senegal's new prime minister Sunday, is known for her toughness and crackdowns on high-level corruption that have even targeted her ex-husband. As justice minister, Toure oversaw major dossiers including the arrest of Chad's former president Hissene Habre on war crimes charges and an anti-graft sting that took down political heavyweights from the previous administration. Aged 50, she is the second female head of government in Senegal after Mame Madior Boye, who was prime minister from 2001 to 2002. "She is a woman with principles, who is demanding.... She can bang on the table, but with arguments," said Demba Ndiaye, a journalist who is one of her...
(Reuters (Eng) 09/02/13)
DAKAR | (Reuters) - Senegal's President Macky Sall fired Prime Minister Abdoul Mbaye on Sunday just over a year after naming the former banker to head the government, an official said. Presidential spokesman Abou Abel Thiam did not say why Mbaye, who was not a member of any political party, was sacked but said a replacement and new government would be named soon. Mbaye, 60, was appointed in April 2012. He studied in Senegal and France's top business schools and previously worked at West Africa's BCEAO central bank. He has been credited with turning around several ailing private banks in the country. Sall won a hotly contested presidential election in March 2012 against veteran incumbent Abdoulaye Wade, promising to tackle...
(Voice of America 09/02/13)
JOHANNESBURG — Former South African president Nelson Mandela has been discharged from Medi-clinic Heart Hospital in the country’s capital, Pretoria, where he spent close to three months being treated for a recurring lung infection. However, his health is said to remain critical and at times unstable, and his doctors will keep providing him with intensive care at his Johannesburg home. Thuso Khumalo has more from Johannesburg. A spokesman for South African President Jacob Zuma has confirmed that Mandela left the hospital Sunday morning. Presidential spokesperson Mac Maharaj says the anti-apartheid icon is now recovering at his home in the Johannesburg suburb of Houghton. Mandela had been hospitalized since June 8. Maharaj referred to Mandela using his clan name, Madiba. We...
(Reuters (Eng) 09/02/13)
DAKAR | (Reuters) - President Macky Sall of Senegal appointed rights activist and anti-corruption campaigner Aminata Toure as prime minister after sacking a previous government on Sunday. Toure was justice minister in the outgoing government and led the government's drive to stamp out corruption by pursuing high-level cases involving senior officials, including the son of former president Abdoulaye Wade. Toure has also been the driving force behind government effort to press ahead with the long-delayed trial of former Chadian leader Hissene Habre, who is accused of crimes against humanity during his 1982-1990 rule. "The president has asked me to form and lead a new government...I have accepted the job," said Toure, 51, who is a member of Sall's ruling APR...
(Sud Quotidien 09/02/13)
Le secrétaire général national du parti socialiste, Ousmane Tanor Dieng est descendu hier sur la petite côte pour s’enquérir de la situation et des conditions des populations après le passage des pluies diluviennes du week-end . Son souhait est de voir le gouvernement venir en aide rapidement aux sinistrés des différentes localités du pays par un plan national d’urgence.Suite à un périple qui l’a mené dans le département de Mbour entre Joal-Fadiouth, Nguéniène, Ndianda et Thiadiaye, Ousmane Tanor Dieng, secrétaire général national du parti socialiste, s'est prononcé sur les fortes pluies, notamment les pics de 200 millimètres à Fissel et Sandiara et 150 millimètres à Mbour, qui se sont déversés sur la petite côte. A l’en croire, la situation est...
(Reuters (Eng) 09/02/13)
LONDON, Sept 2 | Mon Sep 2, 2013 (Reuters) - Africa-focused mining and infrastructure firm IMIC said on Monday it signed an offtake agreement with Chinese group Hebei Iron and Steel for iron ore produced from the Nkout project in Cameroon, which IMIC is in the process of acquiring. Junior miner Afferro IMIC, which is allied with African Iron Ore Group, run by Afren Plc founder Bert Cooper, says it can build the infrastructure necessary to begin production at its project in Cameroon. IMIC said the offtake agreements will be used as a vital part of financing the project through Chinese partners such as Hebei - the largest steel producer in China. A similar offtake agreement was crucial to African...
(AFP 09/01/13)
DAKAR, September 1, 2013 (AFP) - Senegal's former justice minister, Aminata Toure, has been appointed to replace the prime minister, Abdoul Mbaye, she announced to the press on Sunday after the former government had been dismissed. Toure said after talks at the presidential palace in Dakar that the Senegalese head of state Macky Sall "did me the honour of asking me to form a new government... and I have accepted this post with much humility". Several hours earlier, in a statement from Macky Sall, it was announced that Mbaye's government, which had been in office for 17 months, had been removed although no explanation was given. Toure, 50, is the second woman to occupy the post of prime minister in...
(AFP 09/01/13)
JOHANNESBURG, September 1, 2013 (AFP) - South Africa's anti-apartheid icon Nelson Mandela was Sunday discharged from hospital where he has been treated since June 8 for a recurring respiratory illness, the presidency said. "Former President Nelson Mandela has this morning, 1 September 2013, been discharged from the Pretoria hospital where he has been receiving treatment," said a statement. It is said his condition "remains critical and is at times unstable." An ambulance with police escort was seen arriving at his suburban home, north of Johannesburg, shortly after 0900 GMT. Officials said the 95-year-old will receive the same intensive care from his Johannesburg home. "If there are health conditions that warrant another admission to hospital in future, this will be done."...
(AFP 08/31/13)
JOHANNESBURG, August 31, 2013 (AFP) - South Africa's presidency on Saturday denied reports that Nelson Mandela had been discharged from hospital and had returned to his Johannesburg home. "Madiba is still in hospital in Pretoria, and remains in a critical but stable condition," President Jacob Zuma's spokesman said in a statement, denying reports from several news organisations that he had left the facility. "At times his condition becomes unstable, but he responds to medical interventions." During Mandela's 80-plus days in hospital, the presidency through Maharaj has been the official source of information about the condition of the 95-year-old anti-apartheid icon. But updates have been infrequent and have offered few details, prompting frequent speculation. At the end of July, Zuma's office...
(Reuters (Eng) 08/30/13)
PERTH | Fri Aug 30, 2013 (Reuters) - Australia's Sundance Resources (SDL.AX) expects to bring its $4.7 billion iron ore project in West Africa online by early 2018, despite the collapse of a takeover by China's Hanlong Group in April that many expected to doom the project. Giulio Casello, chief executive of Sundance, told Reuters in an interview that the company is also aiming to finalize an equity partner for the project and have off take secured by the end of the year. By early next year, Sundance expects to have selected a contractor for the development. Investors saw little hope for the future of the project when the Hanlong deal fell through, but Sundance has said it was talking...
(Reuters (Eng) 08/30/13)
JERUSALEM | (Reuters) - Israel plans to soon begin deporting migrants from Eritrea and Sudan, who number more than 50,000, back to the African continent via Uganda, officials said. Israel regards most of these Africans as illegal visitors crowding impoverished areas in search of jobs, and largely rejects the position of human rights groups that many fled their countries in search of political asylum. A statement late on Thursday from Interior Minister Gideon Sa'ar said Israel would soon begin a staged process of deporting the migrants, most of whom crossed the border with neighboring Egypt - Israel's frontier with Africa - since 2006. Sa'ar said an agreement had been reached with an African country other than Eritrea and Sudan to...
(Ghana Business News 08/30/13)
Former UN Secretary-General Mr. Kofi Annan is calling for a link between tax authorities in Africa and global reforms to avoid tax evasion. According to the Ghanaian diplomat, African tax authorities suffer more among all regions struggling to prevent the erosion of tax bases. Mr. Annan made this known in an op-ed published by the Australian Financial Review ahead of G20 leaders’ commitment to discuss global tax reform when they meet in Russia next week. The op-ed was also on why Australia should work towards building a better mining partnership with Africa. “Tax authorities in all regions struggle to prevent the erosion of tax bases, but Africa struggles more than most,” Annan said. Mr. Annan stated “automatic information exchanges must...
(The Africa Report 08/30/13)
George Ferreira Vice-president and chief operating officer, Samsung Electronics Africa. Samsung Electronics is preparing to beat its $10bn target for revenue from Africa in 2015. And according to George Ferreira - Vice-president and chief operating officer of Samsung Africa - the company is also looking at the possibility of setting up more assembly plants to avoid tariff barriers. The Africa Report: Is South Africa still your biggest African market, and do you expect it to be so for the new Samsung Galaxy S4? George Ferreira: For the S4, I would say that the South African market is probably on par with the Nigerian market, although I foresee that the Nigerian market should probably overtake the South African market in terms...
(Reuters (Eng) 08/30/13)
MIAMI | (Reuters) - Florida officials trying to eradicate the Giant African Land Snail, one of the world's most destructive invasive species, plan to deploy a new weapon in the battle - Labrador retrievers. State agriculture authorities say they hope the dogs will add to their success in fighting an infestation of the slimy snails, which were first spotted by a homeowner nearly two years ago and quickly swept through the Miami area. On Wednesday, officials said that since the start of an aggressive extermination campaign they have collected 128,000 of the snails, which can grow as big as rats and devour plants as well as stucco and plaster in a hunt for calcium they need to grow their big...
(UKzambians 08/29/13)
Leaders from the UK’s African diaspora are being invited to join a powerful new network aimed at supporting sustainable development across the African continent. Working in collaboration with Comic Relief and Unbound Philanthropy, the Royal Society of Arts (RSA) aims to harness the power of the UK diaspora in order to combat persistent levels of poverty and unemployment among their communities in the UK and Africa. Over a period of more than a year, participants will be tasked with identifying and developing a ‘venture’ – business, social enterprise or project – that addresses a particular cause or issue they are passionate about. The new leadership programme will build on individuals’ knowledge and skills and add to the already extensive levels...
(International Business Times 08/29/13)
On the African continent, conflicts are often hard to define, pin down or contain. Political, ethnic or religious clashes often involve a kaleidoscope of groups, shifting alliances and varying aims -- not to mention deadly bloodshed, societal disruption and massive displacement. But what if you could use science and technology to map out conflicts across the continent, simplifying intelligence efforts and providing life-saving data for humanitarian groups or peace workers -- all in real time? That daunting task has been taken up by DigitalGlobe, a company headquartered in Colorado, which uses satellite imagery to "support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, Internet portals and...
(AFP (eng) 08/28/13)
LAGOS, August 28, 2013 (AFP) - The European Union said Wednesday that it was preparing to increase security efforts in the Gulf of Guinea, the West African maritime region that has become a global piracy hotspot. The new measures, likely to be announced in October, will however not include sending warships to the region, a move that helped reduce pirate attacks off East Africa, said German Rear Admiral Jurgen Ehle, who heads an EU military working group for West Africa. "The EU is developing a Gulf of Guinea strategy," Ehle said, adding that European leaders would likely finalise the document "by the end of October". Speaking to a maritime security conference in Nigeria's economic capital, he said the EU's efforts...
(Voice of America 08/26/13)
DHL calls itself the “logistics company for the world,” providing transportation via rail, road, sea and air. And Company officials see Africa as a place where its business can boom. For that to happen, though, more international companies will need to invest in the continent and base their operations there. DHL’s Sumesh Rahavendra sees that happening. That’s one of the findings from a recent global technological conference sponsored by his company.“There’s quite a bit of evidence to that in terms of global companies starting to set up base in Africa. If you look at the likes of SAP or IBM or Hisense, which is the Chinese company, all of them are setting base in Africa and looking at how specifically...
(The Associated Press 08/26/13)
The United Nations world tourism body said Sunday it has chosen Zimbabwe to lead its Commission for Africa, the continent-wide group for tourism development for the next two years. The U.N. World Tourism Organization said that conflict-troubled Mali also joins the African tourism commission. Zimbabwe and Zambia are co-hosting the 155-nation tourism organization's summit, held every two years, at the resort of Victoria Falls on their common border. The six-day general assembly was formally opened by the two countries' presidents, Robert Mugabe of Zimbabwe and Michael Sata of Zambia. The United Nations said in a statement that July 31 elections in Zimbabwe, bitterly disputed over alleged rigging, "will be respected by the assembly." Australia, Britain, Canada and the United States...

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