| Africatime
Saturday 29 April 2017
(Swit Salone 05/14/13)
Mano River Union states including Sierra Leone, Liberia, Guinea, and Ivory Coast convened in Freetown to adopt a plan to increase women’s access to renewable energy. The ministers of energy and gender from across the region were present as President Koroma pledged to support women in Sierra Leone, the MRU and ECOWAS. According to Sierra Leone’s Minister for Energy, Mr. Oluniyi Robin-Coker, the conference is a follow-up to an ECOWAS high level energy forum held in Ghana in October 2012. It was there that he said that ECOWAS members pledged to develop and adopt gender sensitive energy policies to meet regional targets by 2014. The ECOWAS Gender Development Center will support the MRU to distribute the conference across other ECOWAS...
(Voice of America 05/14/13)
UNITED NATIONS — The United Nations Security Council pointed Monday to the connection between terrorism in Africa and organized crime, and called for a strengthened global response. The 15-member Security Council unanimously adopted a statement declaring its deep concern for what it calls the increasing violence perpetrated by armed groups, the number of which, it said, are growing in several regions and sub-regions of Africa. The council approved the statement during a discussion of the fight against terrorism in Africa. In expressing its concern about the connection between terrorism and transnational organized crime, and with illicit activities such as drugs, arms and human trafficking, the Security Council urged enhanced coordination to strengthen a global response. UN Secretary-General Ban Ki-moon told...
(The Patriotic Vanguard 05/13/13)
The current Minister of Trade and Industry , Usu Boie, has adopted pragmatic approaches to lift both the trade and industrial sectors from economic doldrums. The eleven years war caused the trade sector to face horrible experiences but the industry sector experienced the worst especially when many entrepreneurs fled the country and never returned. The few industries that were left found themselves compelled to perform uphill tasks in a country characterized by inadequacies. But there is one man who has come into cabinet with pragmatic administrative approaches. Since time immemorial, Sierra Leone has been a country where things are controlled from behind the desk which incidentally puts the administrator out of touch with the realities. Decisions taken through such approaches...
(Reuters (Eng) 05/10/13)
Africa's economic development is being held back by a "hemorrhage" of illicit financial flows, which may be getting worse, the African Development Bank said on Friday, calling for reforms to stem the losses. A draft report to be presented at the AfDB's annual meeting in Morocco later this month shows net resource outflows from Africa totaling up to $1.4 trillion over the 30-year period to 2009, far exceeding inflows to the continent. Illicit financial flows were "the main driving force" behind $1.2-1.3 trillion of the three-decade net drain, it said. This is about four times Africa's current external debt and almost equivalent to its current GDP. "The trend is continuing, it could even be increasing," AfDB Chief Economist Mthuli Ncube...
(Cocorioko 05/07/13)
“Comrades, ladies and Gentlemen, this country is better today than we were five years ago and I have you to thank for that. We still have challenges; but the APC is not afraid of challenges. Our party was formed to face challenges. Siaka Stevens faced challenges, but he led the party to victory again and again and again; Ibrahim Otol and Alhaji Muctarr Kallay faced challenges, but they successfully mobilized the people for success again and again and again, Nancy Steele faced challenges, but she mobilized women to march on with the APC again and again and again; T S M’briwa and Fannia faced banishment and intimidation but remained committed to the APC and our supporters faced the challenges of...
(Sierra Express media 05/07/13)
That the fight against corruption in the West African state of Sierra Leone is a herculean task would surely be an understatement. This is one of the conclusions reached at a two-hour interactive session on the topic “Di Corruption Fet: Salone Go Able”? (The fight against corruption, will Sierra Leone be able?) organized by the BBC Media Action Wednesday, May 01, 2013 at the British Council hall at Tower Hill in Freetown. Indeed, the BBC Media Action has every reason to organize such a forum, recognizing that corruption, wherever it exists, would not only have the potential to undermine democracy, but the negative impact it would have on the general socio-economic development of the state and service delivery would just...
(Sierra Express media 05/07/13)
Head of Eye Clinic at Connaugh Hospital, Dr. Matthew Vandi (in photo), the only highly trained eye specialist in Sierra Leone’s government service, has revealed that improper sanitation and malaria could lead to eye related problems. He made this disclosure on the occasion of World Malaria Day 26th April, in an exclusive interview with this medium. Dr. Vandi expressed the need for proper sanitation as a preventive measure against malaria and subsequent blindness in suckling-children in particular. “Yes, cerebral Malaria affects the visual centre within the brain”, said the senior eye specialist. He said in most cases, patients do not recover, adding that proper sanitation could prevent further blindness in the country. He underscored that most people do not know...
(Sierra Express media 05/07/13)
College of Travel and Tourism Studies (CTTS) has introduced new courses as part of its curriculum to train clerks and secretaries in the purpose of working in the law firms and other related offices. Certificates and Diplomas in Legal Secretariat courses are basically gearing towards giving insight in the general use of law so that clerks and secretaries will be able to correctly assist legal practitioners in forensic and other chambers of work. Principal of CTTS, Amadu Sheriff, revealed that the college introduced this new course out of the urge to strengthen secretaries and clerks in the law sector to be more productive and fast track the work of the sector more adequately. He said the college has acquired batteries...
(Reuters (Eng) 04/30/13)
Economic development researchers on Monday unveiled a database of China's aid to Africa in an effort to work around Beijing's secrecy about the numbers, as a debate rages over the intentions and impact of Chinese assistance. The study and database by the Washington-based Center for Global Development and AidData, a research project, includes 1,673 Chinese development finance projects worth $75 billion in 50 African countries from the years 2000-2011. The Chinese figures, using standard measures of Official Development Assistance (ODA) and Other Official Finance (OOF), are roughly on par with U.S. aid to Africa during the same period, the Center for Global Development said. While official ODA from Western countries and some major developing countries is openly reported and easily...
(Reuters (Eng) 04/22/13)
African finance ministers told their rich nation counterparts at weekend meetings of the International Monetary Fund and World Bank to work harder and faster to kick-start their economies to avoid a prolonged slump that could undermine strong growth in the developing world. "We are concerned," Nigerian Finance Minister Ngozi Okonjo-Iweala said at the meetings of global finance leaders. "If we continue to see slow growth in the euro zone, which provides a large market for many African countries, and is coupled with a slowdown in emerging economies, then we will become more vulnerable," Okonjo-Iweala told a news conference of African finance ministers. "We need to insist that our partners in other parts of the world work harder and faster." Despite...
(Reuters (Eng) 04/15/13)
Sub-Saharan Africa's economic growth should accelerate to more than 5 percent over the next three years, far outpacing the global average, but the region must do more to convert this into reducing poverty, the World Bank said on Monday. In its latest Africa's Pulse analysis of prospects for the region, the bank saw increased investment, high commodity prices and a pick-up in the global economy driving this expected growth surge in the world's poorest continent. It said foreign direct investment (FDI) inflows to Sub-Saharan Africa were projected to increase to record levels each year over the next three years, reaching $54 billion by 2015. This compared to $37.7 billion in 2012, a 5.5 percent increase in a year when FDI...
(Reuters (Eng) 04/10/13)
Iron ore miner African Minerals Ltd said it expected a surge in output this year as it continued to ramp up production at its flagship Tonkolili mine in Sierra Leone. The company, which said it remained on track to meet its sustainable output target of 20 million tonnes of ore per year during the second quarter, forecast production of 15 million tonnes to 18 million tonnes at Tonkolili in 2013. The mine produced 5.1 million tonnes last year. "While significant progress was made in 2012, delays in construction and commissioning of the wet process plant, and the prolonged and severe 2012 wet season, impacted operations resulting in the exporting of 4.3 million tonnes of material, below our revised 5 million...
(Reuters (Eng) 04/10/13)
Carlyle Group (CG.O) is looking at a number of banks in east and west Africa for a potential investment, its Africa co-head said on Wednesday, as the U.S. private equity firm focuses on the continent's growing consumer market. Carlyle, which last year invested in a pan-African grain trading firm, has recently signed a second deal, Marlon Chigwende also told the Reuters Africa Investment Summit. "Banking is very interesting today, and that is the general statement across a lot of sub-Saharan Africa," Chigwende told the Reuters Africa Investment Summit in Johannesburg. "Certainly, there are several opportunities of fast-growing banks, good management teams, interesting market positioning." Although private equity is still at a nascent stage in Africa, investor interest in the fast-growing...
( 04/10/13)
The Africa Development Bank (AfDB) has launched a a multi-country and multi-partner project which seeks to increase food security and improve the income and living standards of small-holder farmers in the 20 African countries by improving the value chains of four important staple crops – maize, wheat, cassava and rice. The project targets to demonstrate by 2016, that it is possible to increase the yields of cassava, maize, rice and wheat by at least 20% on smallholders’ farms, increase the smallholder’s household cash income to $600 from the current $370 and increase food security by at least 20% to 84% from the present 73%. According to media statement from the implementing agency, International Institute of Tropical Agriculture (IITA), key stakeholders...
(Sierra Express media 04/08/13)
It appears African Minerals, run by controversial businessman Frank Timis (in photo), has again ruffled feathers in the financial field. Investment bank Renaissance Capital claim the company, and Frank Timis have repeatedly failed to honour a fee arrangement relating to fundraising carried out by African Minerals between 2008 and 2010. The bank is claiming damages “in excess of £25m”. The dispute centres on a £170m cash injection by Chinese state-owned China Railway Materials Commercial Corporation to develop Sierra Leone’s Tonkolili iron ore mine, a deal for which Renaissance Capital claims it is owed substantial fees for facilitating. The money was used to invest in African Mineral’s main asset, the Tonkolili iron ore project in Sierra Leone, which saw a huge...
(Cocorioko 03/27/13)
Sierra Leone’s President , Dr. Ernest Bai Koroma, will be arriving in the United States tonight for thursday’s landmark talks at the White House with U.S. President Barak Obama. President Koroma , along with President Macky Sall of Senegal, President Joyce Banda of Malawi, and Prime Minister José Maria Pereira Neves of Cape Verde, have been invited by President Obama to “discuss strengthening democratic institutions across sub-Saharan Africa, and building on Africa’s democratic progress to generate increased economic opportunities and expanded trade and investment”, according to a statement from the White House Press Secretary. President Koroma will be arriving with a high-powered delegation that will include the Finance Minister, Dr. Kaifala Marah, Foreign Minister Dr. Samura Kamara, Information Minister Alhaji...
(Cocorioko 03/27/13)
The Security Council today extended the United Nations mission in Sierra Leone until 31 March 2014, by when it should be fully drawn down and its responsibilities transferred to the UN country team. In a unanimously adopted resolution, the Council requested Secretary-General Ban Ki-moon to keep the 15-member body regularly informed of the developments on the ground in the country and to submit a report, no later than 15 September 2013, providing an update on the planned completion of the mandate of the UN Integrated Peacebuilding Office in Sierra Leone (UNIPSIL). In a recent report to the Council, Mr. Ban wrote that the next 12 months are “critical” for the mission to consolidate the gains it has accomplished so far...
(Cocorioko 03/27/13)
Every now and then, accusing fingers are being pointed at the Western media regarding what most people described as biased reportage on issues revolving around Sub-Saharan states. This is because the Western media are perceived to mostly report issues related to conflicts, human rights abuses, endemic corruption and unmitigated catastrophes within the region. Despite several achievements made with regards to infrastructural development and sustained economic growth in most African countries, coverages on those issues remain inconsistent and rare on the front pages of the Western media. Efforts made by many African countries to move their respective countries off the ground are enormous and exemplary, hence the need for effective use of the media, which serve as an educational tool to...
(Sierra Express media 03/27/13)
As workers down tools – Vimetco Sierra Leone at a standstill thumbnail Over two years, the Vimetco Bauxite Mining Company has had six General Managers, a situation that has not gone down well with the workers as the frequent change of General Managers negatively impacted the operation of the company. Recently, the South African General Manager, Theo Keyter, resigned unexpectedly and his sudden resignation caused widespread resentment among the workers who regard him as the ‘Moses’ who came to liberate them from the bondage of the Romanian Managers. On Friday, March 22nd, the workers went on a sit-down strike bringing the operation of the company to a halt. In an interview with this medium at the Vimetco office at Gondama...
(Reuters (Eng) 03/26/13)
"BRICS, Don't Carve Africa" reads a banner in a church hall in downtown Durban where civil society activists have gathered to cast a critical eye at a summit of five global emerging powers. The slogan evokes the 19th Century conference in Berlin where the predominant European colonial states carved up the African continent in a scramble historians see as epitomizing the brash exploitative capitalism of the time. Decades after Africans threw off the colonial yoke, it is the turn of the blossoming BRICS group of Brazil, Russia, China, India and South Africa to find their motives coming under scrutiny as they proclaim an altruistic-sounding "partnership for development, integration and industrialization" with Africa. Led by that giant of the emerging powers,...

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