Wednesday 18 October 2017
(Xinhuanet 08/31/17)
Cooperation between China and Africa has seen remarkable progress in renewable energy, showing the determination of developing countries to harness the huge potential of clean energy and combat climate change. China-Africa Renewable Energy Cooperation and Innovation Alliance, a coalition of financing institutions, smart grid providers and core manufacturers, on Thursday signed a Memorandum of Understanding (MOU) on cooperation with Africa Renewable Energy Initiative (AREI). "Africa has the highest potential for renewable energy, but the least access to it," said Seyni Nafo, chairman of AREI endorsed by the African Union Assembly. The MOU will enable the two parties to cooperate in renewable energy generation in Africa, with Chinese smart grid providers and core renewable energy manufacturers providing technological and financial support...
(Bloomberg 08/30/17)
A West African activist who burned a bank note to demonstrate his hatred of the regional CFA franc has reignited a decades-old debate and prompted thousands of supporters in former French colonies to turn to social media and demand that the currency be scrapped. The French-Beninese national, Kemi Seba, appeared in court in Senegal in connection with a video that showed him setting a bank note of 5,000 CFA francs ($9) alight. He was arrested on Aug. 25 after the Central Bank of West African States lodged a complaint for destruction of money. Seba told the court on Tuesday his act had been symbolic. “I burnt the note to raise public awareness and not as lack of respect to anybody,”...
(APA 08/30/17)
Senegalese striker Diao Keïta Baldé has joined French Ligue1 side AS Monaco for a five-year contract, the club announced Tuesday. “AS Monaco is delighted to announce the signing of Keïta Baldé until 2022,” the Ligue 1 reigning champions said on Twitter. The amount of the transaction is estimated at 30 million euros. Formed in FC Barcelona’s the training center, La Masia, the 22 year-old Senegalese international, born in Spain, is coming out of a prolific season with 16 goals and 3 assists in 31 Serie A games. Since the Kylian Mbappé’s departure for Paris Saint-Germain, AS Monaco had activated several tracks in order to find a replacement. And the number one option was Keïta Baldé who was also in the...
(Bloomberg 08/30/17)
One Thousand & One Voices LLC, a private-equity fund started by the great-grandson of the founder of Coors Brewing Co., said it bought a producer of sushi-quality trout that is the largest such facility in Africa. SanLei’s operations are on the Katse Dam in Lesotho, an enclave surrounded by South Africa, 1K1V, as the fund is known, said in an emailed statement Tuesday. The company didn’t disclose the value of the transaction. SanLei has secured a marketing and distribution agreement with CGC Japan Co., which has more than 4,000 stores and collective revenue of more than $40.5 billion, making it Japan’s largest joint-procurement supermarket chain, 1K1V said. The fund has been hunting for private-equity investments that tap Africa’s growing consumer...
(AFP (eng) 08/29/17)
A controversial West African activist who was arrested in Senegal for burning a bank note in an anti-colonial protest over the regional CFA franc has been acquitted by a Dakar court. Kemi Seba, born in France to parents from Benin, was arrested at his home in the Senegalese capital on Friday following an incident on August 19 in which he burned 5,000 CFA -- a banknote worth 7.6 euros ($9.10). He was detained following a complaint by the Central Bank of West African States (BCEAO) on charges...
(Reuters (Eng) 08/29/17)
Europe’s “big four” continental powers and three African states agreed a plan on Monday to tackle illegal human trafficking and support nations struggling to contain the flow of people across the desert and Mediterranean sea. The 28-nation European Union has long struggled to reach a coherent answer to the influx of migrants fleeing war, poverty and political upheaval in the Middle East and Africa, and the crisis is testing cooperation between member states. After hosting the leaders of Germany, Italy, Spain, Chad, Niger and Libya, French President Emmanuel Macron said it was time for greater coordination. “We must all act together - from the source countries to Europe and passing by the transit countries, especially Libya - to be efficient,”...
(Reuters (Eng) 08/28/17)
Getting Europe’s migrant crisis under control will be in focus at a summit of Europe’s “big four” continental powers and three African nations in Paris on Monday, with French President Emmanuel Macron seeking concrete action. The 28-nation European Union has struggled to agree on a coherent answer to the influx of migrants fleeing war, poverty and political upheaval in the Middle East and Africa, and the crisis is testing cooperation between member states. Over the summer, Macron sought to take the initiative on managing the flow of migrants crossing the Mediterranean from Libya, mainly into Italy. He proposed hotspots in Africa to handle asylum requests. The viability of such centers was questioned by European and African allies and on Monday...
(Reuters (Eng) 08/25/17)
Senegal has seized hundreds of figurines and clusters of lion and hippopotamus teeth as part of the biggest ivory haul in its history and arrested two men illegally selling the merchandise, sources involved in the operation said on Thursday. Bones, teeth and claws of wild animals are thought to have mystical powers in West Africa and are used by local religious leaders called marabouts to make potions and talismans which are sold in fetish markets. Increasingly, they are also shipped to buyers in China for use in traditional medicine, part of an illegal trade that has devastated Africa’s elephant and rhino populations.
(Bloomberg 08/24/17)
Every African nation that’s sold dollar debt now has at least one junk rating, but it would be hard to tell by looking at the bond market. The average yield on sovereign Eurobonds in Africa has hovered near the lowest level in two years this month, according to a Standard Bank Group Ltd. index, even after Moody’s Investors Service cut Namibia to below investment grade on Aug. 11. The world’s biggest producer of marine diamonds had been the continent’s only dollar-bond issuer without a junk rating. A low interest rate environment in the developed world has encouraged investors to look past the problems plaguing African economies, including low commodity prices, dollar shortages in some of them and rising political tension...
(APA 08/23/17)
Sixty-year-old Amy Gueye, still keeps fresh memories of the travails that brought her family to “Jaxaay” (Wolof for eagle) District, a place where victims of exceptionally severe floods in suburban Dakar twelve years ago were resettled by the then government of the day. The decision to relocate those affected people was made by former President Abdoulaye Wade who, in his desire to raise CFA52 billion needed to carry out the rehabilitation project, took it upon himself to put off the country’s legislative elections, much to the displeasure of the opposition. Twelve years later, Amy Gueye is apparently well-settled in her new home in Jaxaay I, which she had left after heavy rain flooded her first house located in Pikine, Dakar’s...
(Xinhuanet 08/23/17)
China is dedicated to enhancing its cooperation with Africa in human resource development through knowledge and technology transfer, a Chinese diplomat said Tuesday. Liu Tao, Charge d'Affaires of the Chinese Embassy in Ethiopia, made the remarks at the Chinese Government Training Program Fellowship Reception in Ethiopia's capital Addis Ababa. He said China, since the year 2000, has sent over 2,000 agricultural experts and over 7,000 medical personnel to Africa, and has trained more than 80,000 Africans from more than 50 countries. China has pledged that it would, in three years, train 200,000 technicians and provide 40,000 training opportunities in China, and will offer 30,000 government scholarships, he said. Stating that 1,100 Ethiopian candidates are invited this year to attend short-term...
(Reuters (Eng) 08/22/17)
Senegal has reinstated its ambassador to Qatar in a bid to encourage the resolution of a dispute between Saudi Arabia and its Gulf allies and Doha, the foreign ministry said. Senegal recalled its ambassador three months ago along with other African countries such as Chad and Niger who followed suit and also expressed solidarity with Saudi Arabia, whose charities funnel millions of dollars in aid money to the region. "With this act, Senegal strongly encourages efforts to peacefully resolve the crisis between Qatar and neighboring countries," said Foreign Minister Mankeur Ndiaye in a statement in French sent to journalists late on Monday. The majority Sunni country and Western ally has in the past shown support for Saudi Arabia by offering...
(Xinhuanet 08/22/17)
African officials on Monday called for urgent infrastructural development and regional integration to boost the continent's economy. At the Infrastructure Africa 2017 in Johannesburg, Zambian Minister of Finance Felix Mutati encouraged Africans to speedily address infrastructural deficit. "We have to inject some sense of urgency in ourselves. If we remain captured by business as usual, we are headed for disaster," said Mutati at the opening ceremony of the two-day event. "Competitiveness in Africa is being constrained by infrastructure deficit. We need about 93 billion U.S. dollars every year to address the infrastructure gap in the continent. We need to urgently implement projects," he said. Mutati said Africa has to narrow focus to innovative financing and design, better use of existing...
(Bloomberg 08/21/17)
GreenWish Partners, a renewable energy company run by a former Morgan Stanley executive, is planning to invest $800 million on solar-powered telecommunications towers across Africa. The project could fuel economic growth by providing power for essential services. Sub-Saharan Africa has the lowest rates of energy access in the world and is home to about half of the world’s 1.2 billion people without reliable electricity, according to the International Energy Agency. The problem extends to businesses as well as households, cutting into productivity and growth. “We reduce the total cost of power by 30 percent,” said Charlotte Aubin-Kalaidjian, the founder and chief executive officer of GreenWish, who was formerly a managing director at Morgan Stanley Investment Management. “Smaller towers can run...
(APA 08/17/17)
Senegal has donated $100 000 to bolster the humanitarian operation taking place in Freetown after floods and mudslides that have so far claimed over 400 lives swept through Sierra Leone’s capital city on Monday. Sierra Leone’s Ambassador to Senegal, Mrs. Ebun Strasser-King, on Wednesday night wrote on her Facebook page that “we want to thank in particular the government of Senegal who sent high powered delegation to Freetown and made a contribution of $100 000.” She said it was “a great sadness and disbelief that we received news of the mudslides that hit Regent in the early hours of 14th August and other areas of the city Freetown.” Mrs. Strasser-King added that a book of condolence had been opened at...
(Bloomberg 08/14/17)
The U.S. will probably maintain its current levels of aid to Africa despite President Donald Trump’s proposals to slash funding, according to Bill Gates, the world’s richest man. Trump said in May his government would no longer allocate funding for family planning, a move that has the potential to undermine aid programs in the poorest countries in the world. However, with Congress in control of the budget, it’s unlikely that all cuts proposed by the Trump administration will go ahead next year, Gates said in an interview in Dar es Salaam, Tanzania’s commercial capital. “It’s quite clear that they won’t make those drastic cuts,” Gates said. “I’m hopeful they won’t make any cuts at all, but that’s still subject to...
(Reuters (Eng) 08/10/17)
The leader of Senegal's main opposition group said on Wednesday it would not participate in any future elections because the parliamentary polls that delivered a large majority to the ruling coalition were a "masquerade". President Macky Sall's coalition took 125 seats in the 165-seat National Assembly after winning nearly half the vote, according to the results announced last on Friday. The coalition of 91-year-old former president Abdoulaye Wade, whom Sall defeated in a 2012 presidential election, won 19 seats. Another led by Dakar mayor Khalifa Sall, who has been detained in a corruption probe for the past six months that his supporters say is politically motivated, won seven seats.
(AFP (eng) 08/10/17)
The skull of an infant ape buried by a volcano 13 million years ago has preserved intriguing clues about the ancestor humans shared with apes -- including a likely African origin, scientists said Wednesday. A previously-unknown creature that shared an extended family with the human forefather, had a flat face like that of our far-flung cousin the gibbon, but did not move like one, its discoverers wrote in the journal Nature. They named it Nyanzapithecus alesi after "ales" -- the word for "ancestor" in the Turkana language of Kenya, where the lemon-sized skull was unearthed. The sole specimen is that of an infant that would have grown to weigh about 11 kilogrammes (24 pounds) in adulthood. It had a brain...
(AFP (eng) 08/09/17)
A Senegalese singer was formally charged with "offending the head of state and broadcasting fake news", her lawyer told AFP Wednesday, after audio of her lashing out at President Macky Sall went viral. Amy Colle Dieng, 39, was arrested on August 3 after unleashing a social media storm with a recording shared via the WhatsApp messaging service and then uploaded to YouTube. "She was charged on Tuesday night," and will be kept in detention until her trial, said her lawyer Boubacar Barro. A separate source said a second person who administrated the WhatsApp group concerned had also been charged. If convicted, they risk prison sentences of up to three years on the charge of distributing fake news, and up to...
(AFP 08/09/17)
A Senegalese singer was formally charged with "offending the head of state and broadcasting fake news", her lawyer told AFP Wednesday, after audio of her lashing out at President Macky Sall went viral. Amy Colle Dieng, 39, was arrested on August 3 after unleashing a social media storm with a recording shared via the WhatsApp messaging service and then uploaded to YouTube. "She was charged on Tuesday night," and will be kept in detention until her trial, said her lawyer Boubacar Barro.

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