Friday 17 November 2017
(Bloomberg 08/24/17)
Every African nation that’s sold dollar debt now has at least one junk rating, but it would be hard to tell by looking at the bond market. The average yield on sovereign Eurobonds in Africa has hovered near the lowest level in two years this month, according to a Standard Bank Group Ltd. index, even after Moody’s Investors Service cut Namibia to below investment grade on Aug. 11. The world’s biggest producer of marine diamonds had been the continent’s only dollar-bond issuer without a junk rating. A low interest rate environment in the developed world has encouraged investors to look past the problems plaguing African economies, including low commodity prices, dollar shortages in some of them and rising political tension...
(Xinhuanet 08/23/17)
China is dedicated to enhancing its cooperation with Africa in human resource development through knowledge and technology transfer, a Chinese diplomat said Tuesday. Liu Tao, Charge d'Affaires of the Chinese Embassy in Ethiopia, made the remarks at the Chinese Government Training Program Fellowship Reception in Ethiopia's capital Addis Ababa. He said China, since the year 2000, has sent over 2,000 agricultural experts and over 7,000 medical personnel to Africa, and has trained more than 80,000 Africans from more than 50 countries. China has pledged that it would, in three years, train 200,000 technicians and provide 40,000 training opportunities in China, and will offer 30,000 government scholarships, he said. Stating that 1,100 Ethiopian candidates are invited this year to attend short-term...
(AFP (eng) 08/22/17)
Sudan on Monday warned Khartoum residents along the Nile of likely "massive floods" as water levels of the river rose to a record high following heavy rains in neighbouring Ethiopia. The Blue Nile flowing to Sudan from Ethiopia converges with the White Nile in Khartoum, and from there they become the Nile which runs through the country into Egypt. Almost 75 percent of the water in the Nile is brought by the Blue Nile, which swells every year during the rainy season in Ethiopia. "Water levels of Blue Nile and the Nile are rising, and today the level of the Nile reached its highest in 100 years in Khartoum," the irrigation ministry said in a statement. "The water level touched...
(Xinhuanet 08/22/17)
Sudan aims to enhance its strategic ties with China during the upcoming visit by Chinese Vice Premier Zhang Gaoli, Sudan's Foreign Minister Ibrahim Ghandour said Monday. Zhang is to arrive in Khartoum on Friday for a two-day visit at the invitation by Sudan's First Vice-President and Prime Minister Bakri Hassan Saleh. "This important visit by the senior Chinese official comes in enhancement of the strategic ties between Sudan and China and in affirmation of the strength of those ties which are witnessing progressive development within the economic partnership between the two countries," Ghandour said in a statement. He said that the visit "aims to intensify consultations to enhance coordination at the regional and international forums." Ghandour said that the Chinese...
(Sudan Tribune 08/22/17)
The Chadian Prime Minister Albert Pahimi Padacké has arrived in Khartoum Monday on a three-day visit to hold bilateral talks on political cooperation and the joint border force. He was received at Khartoum airport by Sudan’s Vice-President Hassabo Mohamed Abdel-Rahman and a number of ministers and state ministers. In press statements at the airport, state minister of foreign affairs Atta al-Manan Bakhit said the visit of Chad’s premier comes to strengthen and promote bilateral ties between the two countries. He said Padacké would have the opportunity to assess Sudan’s economic potential, pointing to successes achieved regarding the joint border force, political cooperation and several regional and international issues. The joint border force has been deployed along the joint border in...
(Sudan Tribune 08/22/17)
Egypt’s President Abdel-Fatah al-Sisi and Sudan’s Defence Minister Awad Ibn Ouf Monday agreed to hold a meeting for the joint military committee to promote cooperation and coordination on border control, said the Egyptian Presidency. Al-Sisi on Monday met Ibn Ouf in the presence of Egypt’s Minister of Defense and Military Production, Major Gen. Sadqi Subhi and Sudan’s Ambassador to Cairo Abdel-Mahmoud Abdel-Halim. The spokesperson for the Egyptian Presidency, Alaa Youssef said Ibn Ouf expressed Sudan’s keenness to promote ties with Egypt and to continue coordination and consultations between the two sides to address the various challenges facing the two nations. According to Youssef, Ibn Ouf also expressed appreciation for Egypt’s pivotal role in the Arab world and the joint Arab...
(Sudan Tribune 08/22/17)
A Sudanese court Monday condemned a journalist and his newspaper for criticizing the national police and ordered them to pay a fine. The Press Court in Khartoum fined five thousand pounds on the independent Al-Tayyar newspaper for publishing an opinion article written by Suheir Abdel Rahim, a journalist, and columnist at the newspaper. Abdel Rahim wrote a column commenting on a news story published by the local press about the efforts of the police to capture thieves who used to steal shoes at the mosques of the capital. In Islam, shoes have to be taken off and be left outside the prayer hall. She further called on the pursue the thieves of public money and those involved in corruption cases...
(Xinhuanet 08/22/17)
African officials on Monday called for urgent infrastructural development and regional integration to boost the continent's economy. At the Infrastructure Africa 2017 in Johannesburg, Zambian Minister of Finance Felix Mutati encouraged Africans to speedily address infrastructural deficit. "We have to inject some sense of urgency in ourselves. If we remain captured by business as usual, we are headed for disaster," said Mutati at the opening ceremony of the two-day event. "Competitiveness in Africa is being constrained by infrastructure deficit. We need about 93 billion U.S. dollars every year to address the infrastructure gap in the continent. We need to urgently implement projects," he said. Mutati said Africa has to narrow focus to innovative financing and design, better use of existing...
(AFP (eng) 08/21/17)
A UN official on Monday called on donors to provide more assistance to Sudan after the world body received only a fraction of the $804 million it needs for humanitarian aid. Marta Ruedas, the UN resident humanitarian coordinator, told a news conference in Khartoum that only 23 percent of the humanitarian aid for Sudan in 2017 had been raised. The United Nations and its aid agencies had so far managed to raise only about $182 million, she said. "We look forward to the continued generosity of donors to ensure that critical needs can be addressed in a timely manner," Ruedas said at the news conference to mark World Humanitarian Day. Since the start of the year, some 2.5 million people...
(Sudan Tribune 08/21/17)
The UK Special Envoy for Sudan and South Sudan Chris Trott Sunday has discussed with the Sudanese Under-Secretary of Foreign Affairs Abdel-Ghani al-Nai’m bilateral relations and the strategic dialogue between the two countries. The strategic consultations meetings between the two countries started in March 2016 in the Sudanese capital, Khartoum and considered the first talks of its kind at this level in 25 years. Sudan and Britain agreed to exchange of visits at the level of senior officials from the two countries along with increasing cooperation in the fields of economy, investment and culture. In a statement extended to Sudan Tribune Sunday, Sudan’s Foreign Ministry said the meeting agreed to hold the fourth meeting of the strategic consultations committee in...
(Reuters (Eng) 08/21/17)
Four children from Sudan whose parents are believed to have been killed fighting for Islamic State in the Libyan city of Sirte last year were handed over to the Sudanese consul on Sunday for return to their country. Sirte was a stronghold for Islamic State from 2015-2016, when Libyan forces backed by U.S. air strikes ousted the ultra-hardline group. Hundreds of foreign militants joined Islamic State in Sirte. Dozens of women and children detained towards the end of the fighting have been held in Misrata, the city from which the military campaign in Sirte was led. They include nationals of Tunisia, Egypt, Sudan, Senegal, Chad, and Niger. Twenty-one Libyan children have been handed back to their families. In June, eight...
(Sudan Tribune 08/21/17)
Sudan’s Defence Minister Awad Ibn Ouf and his Egyptian counterpart Sobhi Sedki Sunday held talks on threats to the regional security and stability, according to the official news agency. The meeting comes after the capture of Egyptian armoured vehicles used by Sudanese armed groups in a joint attack on the government forces by two rebel groups in North Darfur state last May. Khartoum accused Cairo of supporting the rebels but later pointed to Libyan General Khalifa Haftar who is backed by the Egyptian government. The two minister "held a meeting to discuss the latest developments in the local and regional arenas and their implications for the regional security and stability" said SUNA, adding they also touched a number of files...
(Bloomberg 08/21/17)
GreenWish Partners, a renewable energy company run by a former Morgan Stanley executive, is planning to invest $800 million on solar-powered telecommunications towers across Africa. The project could fuel economic growth by providing power for essential services. Sub-Saharan Africa has the lowest rates of energy access in the world and is home to about half of the world’s 1.2 billion people without reliable electricity, according to the International Energy Agency. The problem extends to businesses as well as households, cutting into productivity and growth. “We reduce the total cost of power by 30 percent,” said Charlotte Aubin-Kalaidjian, the founder and chief executive officer of GreenWish, who was formerly a managing director at Morgan Stanley Investment Management. “Smaller towers can run...
(AfricaNews 08/18/17)
Hailemariam Desalegn, the Ethiopian Prime Minister has identified poverty as the main underlying factor of instability in the Horn of Africa region. He added that economic integration was a sure means to secure the region. The 52-year-old Premier who just ended a three-day official visit to Sudan was addressing Khartoum-based diplomatic community and Sudanese intellectuals. His research paper titled: ‘Horn of Africa: Possibilities of an Economic Community,’ stressed the need for the region despite its security challenges to build global competitiveness via economic integration. The time is now for Africans to play their role by filling the market gap observed at the global level. “The time is now for Africans to play their role by filling the market gap observed...
(Andalou Agency 08/18/17)
Egypt fears Ethiopia’s Grand Renaissance Dam will diminish its historical quota of Nile water. Sudanese President Omar al-Bashir on Thursday vowed to prevent any reduction of Egypt’s historical share of Nile water due to Ethiopia’s construction of a massive hydro-electric dam on the Blue Nile River. At a joint press conference held in Khartoum with Ethiopian Prime Minister Hailemariam Desalegn, al-Bashir reiterated his country’s longstanding commitment to a 1959 water-sharing agreement between upstream and downstream states. “Sudan is totally committed to the 1959 agreement, which established the parameters for water-sharing between Sudan and Egypt,” he said. “We can also ensure that Egypt will not be affected by the dam’s construction,” he added. Desalegn, for his part, stressed Ethiopia’s desire to...
(News24 08/18/17)
Sudan's President Omar al-Bashir said on Thursday that the construction of Ethiopia's controversial Grand Renaissance Dam on the Nile River would not impact water supplies to Egypt as feared by Cairo. Visiting Ethiopian Prime Minister Hailemariam Desalegn, for his part, said the project was a "win-win" for the peoples of all three countries if it was not politicised. Construction of the massive dam on the Blue Nile in Ethiopia has poisoned relations between Cairo and Addis Ababa, with Egypt fearing its share of water from the Nile will be hit once the project is completed. "We are fully committed to ensure that the Egyptian share of the Nile water will not be affected because of the building of the Renaissance...
(AFP (eng) 08/17/17)
Sudan's President Omar al-Bashir said Thursday that the construction of Ethiopia's controversial Grand Renaissance Dam on the Nile River would not impact water supplies to Egypt as feared by Cairo. Visiting Ethiopian Prime Minister Hailemariam Desalegn, for his part, said the project was a "win-win" for the peoples of all three countries if it was not politicised. Construction of the massive dam on the Blue Nile in Ethiopia has poisoned relations between Cairo and Addis Ababa, with Egypt fearing its share of water from the Nile will be hit once the project is completed...
(Xinhuanet 08/16/17)
Ethiopian Prime Minister Hailemariam Desalegn left here on Tuesday for a three-day official state visit to Ethiopia's neighboring country Sudan. Desalegn, during his visit to Sudan starting from Tuesday, is expected to discuss bilateral and regional issues with Sudanese President Omar Hassan al-Bashir on ways of strengthening ties between the two neighboring countries, according to the Ethiopian Foreign Affairs Ministry. The prime minister is also expected to hold talks with Sudan's First Vice-President and Prime Minister Bakri Hassan Salih. He will then deliver a lecture in Sudan's capital Khartoum on Thursday on topics pertaining the Horn of Africa region state of affairs, it was indicated.
(Bloomberg 08/14/17)
The U.S. will probably maintain its current levels of aid to Africa despite President Donald Trump’s proposals to slash funding, according to Bill Gates, the world’s richest man. Trump said in May his government would no longer allocate funding for family planning, a move that has the potential to undermine aid programs in the poorest countries in the world. However, with Congress in control of the budget, it’s unlikely that all cuts proposed by the Trump administration will go ahead next year, Gates said in an interview in Dar es Salaam, Tanzania’s commercial capital. “It’s quite clear that they won’t make those drastic cuts,” Gates said. “I’m hopeful they won’t make any cuts at all, but that’s still subject to...
(Andalou Agency 08/10/17)
US to decide on October 12 whether to permanently lift two-decade sanctions on Sudan Deputy Commander of U.S.-African Command for Civil-Military Engagement (AFRICOM), Alexander M. Laskaris, arrived in Khartoum early Wednesday for talks with Sudanese officials. He engaged in direct talks with Sudanese Defense Minister Awad Ibn Ouf and other senior officials following his arrival, the Sudanese Defense Ministry said in a statement. The U.S. embassy said Laskaris will discuss areas of cooperation between Washington and Khartoum as well as ways of improving security in the region. "The visit will provide an opportunity to discuss a range of key areas of mutual interest including Sudan’s continued progress

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