Senegal | Africatime
Thursday 23 March 2017

Senegal

(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...

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(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...
(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...
(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) 03/15/17)
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
(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.
(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...
(Reuters (Eng) 03/08/17)
Senegalese authorities have arrested the mayor of the capital Dakar, a potential rival to President Macky Sall in elections expected in 2019, on suspicion of embezzling 1.8 billion CFA francs ($2.87 million), his lawyer said on Wednesday. Last week a public prosecutor summoned the mayor, Khalifa Sall, who is no relation to the president, to give evidence on how he spent the money between 2011 and 2015. The mayor, who denies any wrongdoing, was arrested late on Tuesday, the lawyer...
(AFP (eng) 03/08/17)
Senegalese authorities have blankly refused to allow French judges to question Papa Massata Diack as part of a corruption probe into his father, disgraced former IAAF chief Lamine Diack, judicial sources said on Tuesday. Both Papa Massata Diack and his 83-year-old father face charges in France over millions of dollars paid to cover up doping failures by Russian athletes. Lamine Diack is barred from leaving France, while Papa Massata Diack has been in hiding in Dakar where Senegalese authorities have...
(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) 03/07/17)
Eighteen people were killed when a bus collided with a tanker truck in northern Senegal, two days after a road accident that claimed 12 lives, the media reported Monday. The accident happened late Sunday on a highway near the town of Saint-Louis, when the bus burst a front tyre, smashed into the truck and then caught fire. Fifteen people died on the spot and eight were taken to hospital with injuries, three of whom died on Monday, the state television...
(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) 02/24/17)
Senegalese police have arrested two Malians suspected of involvement in a jihadist attack on an Ivory Coast beach resort last year that killed 19 people. More than 10 suspects have already been detained in relation to the March 13 assault, when assailants armed with grenades and assault rifles stormed three hotels in Grand-Bassam, a beachside resort popular with foreigners 40 kilometres (25 miles) from Abidjan. The attack, the first of its kind in the Ivory Coast, was claimed by Al-Qaeda in the Islamic Maghreb, which has also carried out assaults on tourist hotspots in Mali and Burkina Faso.
(Reuters (Eng) 02/24/17)
Senegalese authorities have arrested two suspected foreign jihadists in Dakar, including one who had been in contact with the mastermind of an attack on an Ivory Coast hotel a year ago. Police spokesman Henry Cisse said an operation in Dakar on Thursday had led to the arrest of Ould Sidy Mohamed Dina, a Malian, as he was trying to leave his home. He had been in Senegal for a month, he said. Another suspected jihadist, whom he did not name, from Mauritania, had been arrested trying to board a bus to Gambia. The suspects have not yet been charged.
(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...
(AL Jazeera 02/16/17)
Patients have nowhere to turn after the country's only radiation therapy machine stopped functioning in 2016. Senegal's solitary radiotherapy machine broke on December 28 last year, leaving the country's only radiation therapist and small team of technicians idly waiting as patients were turned away or offered alternative treatments. The machine uses radioactive cobalt-60 to produce gamma rays that halt tumors in organs near the skin. Installed in 1989, it is from a generation of devices that are completely phased out in most developed countries. The machine has broken down many times before.

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(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...
(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...
(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,...
(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...
(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...
(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...
(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) 02/13/17)
Senegal star Sadio Mane demonstrated his value to Liverpool with a three-minute brace as Liverpool beat Tottenham 2-0 in the English Premier League at the weekend. The Reds won just one of seven matches -- against fourth-tier Plymouth in the FA Cup -- while the 24-year-old was on Africa Cup of Nations duty in Gabon last month. Algerians had mixed fortunes with Sofiane Feghouli scoring for West Ham in a draw against West Bromwich Albion while Islam Slimani wasted several chances for Leicester as they lost at Swansea. ENGLAND SADIO MANE (Liverpool) The suspicion that Liverpool are not quite the same team without Mane was confirmed as he netted a brilliant brace to secure a 2-0 win over Tottenham Hotspur...
(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...
(AFP (eng) 01/31/17)
Senegal's ex-Newcastle and Chelsea striker Demba Ba on Tuesday rejoined his former Turkish club Besiktas until the end of the season from Shanghai Shenhua of China. Besiktas said in a statement that the deal agreed with the player and Chinese club was a "temporary transfer" and adding no payment was involved. "Welcome back Demba Ba!" the Istanbul club wrote on its Twitter account. His contract runs until May 31. Ba was a standout performer for Besiktas in the 2014/2015 season, and a favourite with the club's famously impassioned fans. He signed for Shanghai Shenhua in June 2015 to the disappointment of many Besiktas fans but was replaced by German international Mario Gomez
(AFP (eng) 01/29/17)
Sadio Mane's decisive penalty miss allowed Cameroon to knock fancied Senegal out of the Africa Cup of Nations in the quarter-finals on Saturday and join Burkina Faso in the last four. Cameroon beat Senegal 5-4 on penalties after a goalless 120 minutes in Franceville, southern Gabon, in the day's second game following a 2-0 win for Burkina Faso against Tunisia in Libreville earlier. Liverpool star Mane was the only player to miss from the spot in the shoot-out in Franceville,...
(Youtube 01/29/17)
 
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Match Result: Sénégal vs cameroun 4-5 pénalité Goals 2017 CAN
(AFP (eng) 01/27/17)
Senegal coach Aliou Cisse insists Africa Cup of Nations opponents Cameroon are favourites to win the eagerly-awaited quarter-final in Franceville on Saturday. Pundits beg to differ, though, making the Senegalese Teranga Lions favourites not only to reach the semi-finals, but to go on and win the competition for the first time. Senegal impressed when winning Franceville-based Group B, defeating Tunisia and Zimbabwe by 2-0 scorelines before starting with 10 reserves in a 2-2 draw against Algeria. Cameroon came second in...
(AFP (eng) 01/27/17)
Senegal coach Aliou Cisse still looks back at the 2002 Africa Cup of Nations with a sense of unfinished business, so Saturday's quarter-final against Cameroon offers a chance, partly, to settle an old score. The Lions of Teranga have never won the continental trophy, but they came mighty close 15 years ago in Mali when they reached the final for the first time. The other Lions, the Indomitable ones, stood in their way that day in Bamako and it was...
(AFP (eng) 01/24/17)
Islam Slimani scored twice but Algeria's Africa Cup of Nations hopes were ended after a 2-2 draw with Senegal in Franceville on Monday. The Leicester City striker put Algeria ahead on two occasions but each time Senegal equalised, first through Papa Diop and then courtesy of Moussa Sow as they finished Group B in first place with seven points. Like the Senegalese, Algeria were one of the pre-tournament favourites but they go out without winning a game, with Tunisia finishing...
(The Associated Press 01/20/17)
Senegal sailed into the quarter-finals of the Africa Cup of Nations with a comfortable 2-0 victory over Zimbabwe. Goals from Sadio Mané and Henri Saivet ensured the 2002 finalists progressed from Group B with their final match against Algeria to spare, but the margin of victory should have been much larger. “The goal today was to qualify, now it’s done,” said the head coach, Aliou Cissé, after early goals settled the game. “In the first game, even when we played...
(AFP (eng) 01/18/17)
Sadio Mane-inspired Senegal will become the first qualifiers for the 2017 Africa Cup of Nations quarter-finals if they defeat upstarts Zimbabwe in Franceville Thursday. Senegal enter the match with three points, Algeria and Zimbabwe have one each and Tunisia none. The northern African neighbours meet in the first match of a double-header in southeastern Gabon. Qualifying with a game to spare would make a welcome change for the Teranga Lions after two disastrous recent Cup of Nations campaigns. Ranked among...
(AFP (eng) 01/16/17)
Sadio Mane scored from the penalty spot to send Senegal on their way to a 2-0 victory over Tunisia in their first outing at the Africa Cup of Nations on Sunday. Mane netted from 12 yards with 10 minutes on the clock in Franceville and Kara Mbodj headed home on the half-hour mark as Senegal became the first team to win a game at this Cup of Nations after three previous matches ended in draws. One of the favourites to...
(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...
(AFP (eng) 01/03/17)
Sadio Mane believes he is leaving Liverpool in good shape as he prepares to spearhead Senegal's Africa Cup of Nations challenge. The 24-year-old -- whose goal in the 2-2 draw with Sunderland on Monday was his ninth for Liverpool since his £34million ($41.7m, 40.1m euros) move from Southampton -- says the squad is strong enough to make up for him playing at African football's showpiece tournament in Gabon. Mane leaves Liverpool in second position in the table, five points adrift...
(AFP (eng) 12/22/16)
Senegal ended this year as the highest ranked African national team, edging Cup of Nations title-holders the Ivory Coast for top spot in the December listings released Thursday. Tunisia, Egypt, Algeria, the Democratic Republic of Congo, Burkina Faso, Nigeria, Ghana and Morocco complete the top 10 compiled by world governing body FIFA. All the countries bar Nigeria will be among the 16 challengers for the Cup of Nations title when Gabon stages the 2017 tournament between January 14 and February 5. Another four qualified teams -- Mali, Cameroon, giantkillers Guinea-Bissau and Uganda
(AFP (eng) 12/22/16)
Injured West Ham United striker Diafra Sakho is facing a two-month lay-off, ruling the Senegal international out of the Africa Cup of Nations, Hammers' manager Slaven Bilic revealed on Thursday. Bilic reported: "He had a back operation and he's going to be out for six to eight weeks. Of course it will rule him out for the African Nations Cup." The 26-year-old forward has made only two Premier League appearances this season, and will now miss the crucial festive period...
(AFP (eng) 12/05/16)
African stars Yaya Toure of Manchester City, Riyad Mahrez of Leicester City and Sadio Mane of Liverpool suffered English Premier League misery at the weekend. Ivorian Toure came off the bench as City fell 3-1 at home to leaders Chelsea, five days after he was charged with drink driving. Algerian Mahrez was substituted in an embarrassing 2-1 defeat for Leicester at Sunderland while Senegalese Mane scored before being taken off as Liverpool crumbled to a shock 4-3 loss at Bournemouth...
(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...
(APA 11/25/16)
Souleymane Boun Daouda Diop, Director of the High Competition (DHC) of Senegal’s Ministry of Sports has been placed in custody since Wednesday at the Colobane gendarmerie in Dakar suspected of money laundering, fraud and forgery, the media reported on Friday. Mr. Diop is being prosecuted by a Senegalese emigrant based in Italy and whose investments he was said to be managing in Senegal. The emigrant accuses Diop of having unwittingly sold some of his houses and also misused money from...
(AFP (eng) 11/25/16)
The wanted son of ousted international athletics president Lamine Diack took millions of euros from Russian competitors in return for "total protection" from failed doping tests, a new investigation said Friday. Germany's ARD television and France's Le Monde newspaper said six athletes each paid between 300,000 and 700,000 euros ($318,000-$740,000) to top officials including Papa Massata Diack who is wanted by French authorities but in hiding in his native Senegal. His father, Lamine Diack, is under house arrest in France. "The organised cover-up of suspected doping in the world of track and field has as such assumed a previously unimagined scale," said ARD.

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(AFP (eng) 03/05/17)
"Felicite," a tale about a nightclub singer who has to scrape together funds to pay for her son's treatment after a road accident, scooped the top prize on Saturday at Africa's top cinema festival. The film won the Golden Stallion award at the Pan-African Film and Television Festival of Ouagadougou, held in the capital of Burkina Faso. The prize adds to the Silver Bear jury prize awarded to the film two weeks earlier at the Berlin Film Festival. The film is directed by Senegalese-French Alain Gomis, who in 2013 was praised for "Tey" (in French, "Aujourd'hui," or "Today) -- a story about a young Senegalese who knows he is about to die, and looks at...
(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 Ouagadougou, the movie was punctuated...
(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...
(AFP (eng) 12/07/16)
Senegalese sculptor Ousmane Sow, one of the giants of African art, was laid to rest in Dakar on Tuesday, five days after he died at the age of 81. President Macky Sall was among those paying tribute to Sow before his funeral, attended by politicians and artistic leaders as well as his loved ones. "The man we are accompanying today to his final resting place was a great man of Senegal," Sall said, cited by the official APS news agency, also calling him "a world-renowned artist" and a "resolute humanist". Sow, who died last Thursday, "will remain an upstanding monument in the pantheon of great creators...
(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...
(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...
(AFP (eng) 05/12/16)
A Senegalese jazz festival initially cancelled because of regional Islamist violence opened on Wednesday to the delight of fans, but under tight security and with a headline act pulling out at the last minute. This year's edition of Senegal's Saint-Louis Jazz festival was saved after extra security measures were agreed upon by officials and organisers last week, and will run as expected until May 16. But police checkpoints and hundreds of uniformed officers were in place across the northern city on Wednesday, reflecting a nervousness among authorities and citizens that was absent from last year's event, since when several...
(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.
(APA 03/25/16)
Several Senegalese women, including former Prime Minister Aminata Touré, the Minister of Women’s Affairs, Mariama Sarr and a reporter Amy Sarr Fall, were on Thursday honored in Dakar by the Turkish Centre for Scientific and Cultural Dialogue (ATSA), APA observed here. “This distinction is intended to honor women who have excelled in their fields of activity. Our goal is to get the younger generation to be inspired by them,” Elizabeth Tine, the communications officer of ATSA’s female platform told reporters...
(The Guardian 08/26/15)
Senegal’s best known percussionist who played a big part in preserving his country’s culture. Doudou N’Diaye Rose, who has died aged 85, was Senegal’s most famous percussionist, known as the “mathematician of rhythm” and praised by Unesco as a “human living treasure” for his role in preserving his country’s culture and passing his skills on to future generations. He was also an innovator who was happy to work with rap and rock musicians, and came to international attention with his...
(Vanguard 06/25/15)
Grammy Award winning R&B icon, NE-YO, has been announced to perform at the MTV Africa Music Awards 2015. Performing songs from his sixth studio album 'Non Fiction' the singer-songwriter expressed his excitement about his first ever performance in the South African city, "I can't wait for you to see what I have in store Durban! I hope you're ready, because I am!" Since smashing onto the top spot of the Billboard Hot 200 Chart back in 2006 with his sophomore...
(Ips News 04/20/15)
Paris — Quick now, can you name a famous African sculptor from the 1800s or even the early 20th century? Anyone able to answer positively is part of a select minority - most museum-goers have become used to seeing traditional African carvings without knowing the name of the artist. But some experts are taking steps to change this, with the most extensive exhibition devoted to identifying Africa's expert sculptors now on in Paris at the Quai Branly Museum - a...
(AFP (eng) 02/21/15)
Timbuktu, which won seven Cesar awards -- France's version of the Oscars -- on Friday tells the story of northern Mali under the control of jihadists, in a foreshadowing of the rise of the Islamic State group. Among its haul, it scooped the coveted best film and best director gongs for Mauritania's Abderrahmane Sissako. The ancient caravan town of the title, often a by-word for otherworldly remoteness, was seized by armed Islamists who cut a swathe through the west African...
(Ventures-Africa 12/23/14)
VENTURES AFRICA – Tourism, the fastest growing economic sector within Africa, serves as one of the core investment opportunities on the continent. But beyond the safari experience, innovative companies offer a look into Africa which is capable of penetrating this global culture. “There is no reason the world shouldn’t experience the environments that breed such dynamic people,” said Cherae Robinson, Founder and CEO of Rare Customs. Cherae is the brilliant mind behind “Tastemakers Africa”, a mobile app and website that allows travellers secure exquisite, adventurous and curated trips across Africa.
(Leadership 12/16/14)
Top music acts from across the African continent will dazzle guests, VIPs and members of the football community at the forth-coming 2014 Glo-CAF Awards scheduled to hold in Lagos on January 8, 2015. The top acts expected to do their stuff at the high octane continental event are Congo DRC’s multiple award-winning song writer, singer and guitarist, Fally Ipupa; global Jazz icon, Hugh Masekela from South Africa and Egyptian folk singer and the first person from an Arab country to...

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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...
(AL Jazeera 02/16/17)
Patients have nowhere to turn after the country's only radiation therapy machine stopped functioning in 2016. Senegal's solitary radiotherapy machine broke on December 28 last year, leaving the country's only radiation therapist and small team of technicians idly waiting as patients were turned away or offered alternative treatments. The machine uses radioactive cobalt-60 to produce gamma rays that halt tumors in organs near the skin. Installed in 1989, it is from a generation of devices that are completely phased out in most developed countries. The machine has broken down many times before.
(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...
(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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