Saturday 16 December 2017
(Xinhuanet 11/17/17)
The East African Community (EAC) member states are set to ratify the avoidance of double taxation treaty in order to boost regional integration, a Kenyan official said on Thursday. Barrack Ndegwa, Regional Integration Secretary in the Ministry of EAC, Labor and Social Protection, told Xinhua that heads of states of the EAC have already signed the protocol on double taxation. "What is now remaining is each of the six member states to individually ratify the treaty so that it is operational," Ndegwa said on the sides of the International Film Convention. EAC partner states include Kenya, Uganda, Tanzania, Rwanda, Burundi and South Sudan. Ndegwa said that once the tax treaty is operational, citizens working in...
(Reuters (Eng) 11/14/17)
KIGALI (Reuters) - The global airline industry has $1.2 billion blocked in nine dollar-strapped African countries, the International Air Transport Association (IATA) said on Monday. The global commodities price crash that began in 2014 hit economies across Africa hard, particularly big resource exporters such as Angola and Nigeria. Low oil and mineral prices have reduced government revenue and caused chronic dollar shortages and immense pressure on local currencies. The fiscal slump has meant governments have not allowed foreign airlines to repatriate their dollar profits in full. At an aviation meeting in the Rwandan capital, IATA’s Vice President for Africa, Raphale Kuuchi, said that airlines were in talks with “a few governments to unblock airline funds”. He did not specify the...
(Xinhuanet 10/31/17)
Sudan and South Sudan on Monday agreed on joint move for debts exemption. The agreement was reached between Sudan's Finance Minister Mohamed Osman Al-Rikabi and his South Sudanese counterpart Stephen Dheiu Dau in Khartoum, Sudan's Finance Ministry said in a statement. The two ministers further agreed to open the joint border crossings, encourage trade between the two countries and facilitate customs and banking procedures as well as movement of the citizens and flow of commodities and services. They stressed keenness...
(Reuters (Eng) 10/31/17)
HARARE (Reuters) - Economic growth is expected to rise to 3.4 percent in sub-Saharan Africa next year from 2.6 percent in 2017, the IMF said in a report on Monday, but warned that rising debt and political risks in larger economies would weigh down future growth. Nigeria and South African are the biggest economies in Africa south of the Sahara, but both nations have been clouded by political uncertainty linked to the tenure of their leaders. The IMF said a...
(AFP (eng) 10/23/17)
The European Commission on Monday announced a 106-million-euro ($124-million) aid package for Sudan, saying around 4.8 million people needed urgent humanitarian assistance in the African country. The new aid comes at a time when United Nations aid agencies are facing an acute shortage of funds from global donors to meet relief needs in Sudan. The package was announced as EU Commissioner for Humanitarian Aid and Crisis Management, Christos Stylianides, was on a visit to Sudan, including to conflict-hit areas of...
(Xinhuanet 10/19/17)
Ministers of Water and Irrigation of Ethiopia, Sudan and Egypt on Wednesday discussed on ways to continue the two commissioned studies on the Grand Ethiopian Renaissance Dam (GERD), which are not progressing at the required level. Egyptian Irrigation Minister, Mohamed Abdel-Aty, Sudanese Minister of Water Resources, Irrigation and Electricity Affairs, Muataz Musa, and Ethiopian Minister of Water, Irrigation and Electricity, Sileshi Bekele, have on Tuesday visited the dam's construction site in Ethiopia's Benishangul-Gumuz regional state on the Blue Nile River,...
(AFP (eng) 10/18/17)
Rent-a-room giant Airbnb said Tuesday that it had provided accommodation for 1.2 million visitors to Africa over the last year -- double the previous year as tourism expands across the continent. The website now offers more than 100,000 accommodation options in Africa, global public affairs director Chris Lehane said on a visit to Johannesburg. "It's an incredibly rich and diverse continent, an incredibly dynamic place, certainly a big part of our future," Lehane told AFP. Airbnb was founded in 2008...
(APA 10/16/17)
APA-Dakar (Senegal) - The president of the African Development Bank, Akinwumi Adesina, will deliver the Norman Borlaug Lecture on Monday 16 October as part of the World Food Prize events taking place from October 16 to 20, 2017 in Des Moines, Iowa, USA. The Norman Borlaug Lecture under the title: “Betting on Africa to Feed the World”, will be held on World Food Day, October 16, in conjunction with the annual World Food Prize celebration. AfDB President Adesina will receive...
(AFP (eng) 10/11/17)
Sudan's central bank said Wednesday it had received its first overseas fund transfer in US dollars since Washington announced the lifting of a 20-year-old trade embargo against Khartoum. Washington last week announced the lifting of sanctions from this Thursday onwards, saying Khartoum had made progress on conditions set for ending the embargo, in place since 1997. "The transferring of American dollars has commenced after the lifting of sanctions," Sudan's official news agency SUNA said, quoting a statement from the Central...
(AFP (eng) 10/10/17)
Economic growth in sub-Saharan Africa is set to accelerate to 3.4 percent next year, the International Monetary Fund said Tuesday, citing Nigeria's recovering oil and agricultural sectors. The IMF said in its latest World Economic Outlook report that the region would grow by 2.6 percent this year after 1.4 percent in 2016. "Growth is expected to rise gradually," it said, while noting that the rate would be uneven and "barely above population growth". GDP in the west African powerhouse Nigeria...
(AFP 10/07/17)
Up until a few years ago, Sudanese engineer Ahmed Abdallah used to manage his family's expenses on his $400 monthly salary but he has since had to take out loans to make ends meet. With the US State Department's announcement Friday of an end to some of its toughest economic and trade sanctions on Sudan, Abdallah and his fellow Sudanese are looking forward to a brighter future. "We've been barely able to survive as my salary cannot cover even our...
(AFP 10/07/17)
Sudan on Friday welcomed the US decision to end its 20-year trade embargo against Khartoum as a "positive decision" but called for Washington to go further and take the country off its blacklist of state terror sponsors. Earlier Friday, Washington announced it was ending the embargo, citing improvements made by Sudan in its human rights record. "The leaders of Sudan, the government of Sudan and the people of Sudan welcome the positive decision taken by American President Donald Trump of...
(Reuters (Eng) 10/05/17)
NAIROBI (Reuters) - Hilton Worldwide Holdings Inc. (HLT.N) plans to spend $50 million over the next five years to add 100 hotels to its chain in Africa, it said on Thursday, joining other chains keen to tap growing business and international travel on the continent. One property will open in the Kenyan capital Nairobi by the end of this year and another in the Rwandan capital Kigali in 2018, it said in a statement. There was 11 percent growth in...
(AFP (eng) 09/29/17)
Government shutdowns of the internet have cost sub-Saharan Africa about $237 million since 2015, according to a study released Friday, as authorities increasingly implement planned disruptions. At least 12 countries have had internet shutdowns, often before elections or when protests erupt, with mobile internet networks most recently suspended in Togo during opposition demonstrations. "Internet disruptions, however short-lived, undermine economic growth, disrupt the delivery of critical services, erode business confidence, and raise a country’s risk profile," the CIPESA report said. The Collaboration on International ICT Policy for East and Southern Africa (CIPESA) released its...
(Bloomberg 09/27/17)
Studio 189, a label founded by actress Rosario Dawson and fashion executive Abrima Erwiah, is reinvesting in its African roots. It’s hard enough to build a fashion brand, let alone an empire. Rare is the person who makes a mission of using fashion to build communities. Such is the case with Studio 189, a label founded by longtime friends Abrima Erwiah (formerly a marketing executive at Bottega Veneta) and Rosario Dawson (an enduring star most recently seen in Netflix’s Marvel...
(Middle East Monitor 09/26/17)
Khartoum entered discussions with the International Atomic Energy Agency (IAEA) yesterday about the completion of the first Sudanese nuclear plant which will receive technical support from the international organisation. “A delegation from the General Directorate of Nuclear Generation of the Sudanese Ministry of Water Resources, Irrigation and Electricity met in Vienna with officials of the technical projects of the IAEA,” the official Sudanese news agency SUNA said. According to SUNA, the meeting was attended by the Director General of the...
(Reuters (Eng) 09/26/17)
Israel’s Elbit Systems Ltd said on Tuesday it won a contract worth $240 million to provide a wide array of defense electronic systems to an unnamed country in Africa. The contract, which will be carried out over a two-year period, is comprised of Directed Infra-red Counter Measure (DIRCM) systems to protect aircraft from shoulder fired missiles, based on passive infrared systems, and includes missile warning systems, radio and communication systems, land systems, mini-unmanned air systems and helicopters upgrade.
(Voice of America 09/25/17)
African first ladies and activists hailed progress that some governments on the continent are making on gender equality. They met on the sidelines of the United Nations General Assembly in New York. “We used to have 23 percent female representation in parliament but, with the stroke of a pen it went up to 48 percent. So, we managed to double our female representation with that decision,” said Namibia’s first lady Monica Geingos at a roundtable invitation-only event co-hosted by the...
(Xinhuanet 09/19/17)
The European Union (EU) on Monday urged the Sudanese government to undertake reforms at all levels to attract foreign investment. "There are no European economic sanctions imposed on Sudan, but it is very important for Sudan to undertake reforms at all levels in order to attract foreign investment," Jean-Michel Dumond, head of the EU delegation to Sudan said in a statement Monday. Dumond said the current visit by a delegation of Sudanese officials and businessmen to a number of EU...
(The Guardian 09/18/17)
Anna Jones says that, through selling its cocoa cheaply, Africa is exporting its wealth overseas; while Sue Banford claims that the soya moratorium in the Amazon has done nothing to halt deforestation. Only the final paragraph in your article on cocoa farming causing deforestation in Ivory Coast (Forests pay price for world’s taste for cocoa, 14 September) mentioned the most fundamental thing – the farmer’s livelihood, or lack of it. The low value of his (or more likely her) crop...

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