Wednesday 18 October 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...
(AFP (eng) 08/23/17)
Chad announced Wednesday it was closing Qatar's embassy in N'Djamena and giving its staff 10 days to leave, accusing Doha of seeking to destabilise the country via Libya. "Given the continued involvement of the state of Qatar in the attempts at the destabilisation of Chad from Libya, the government has decided on the closure of the embassy and the departure of the ambassador and diplomatic personnel from national territory," the foreign ministry said in a statement. "They have been given 10 days in this regard," it said. It added that the decision was driven by the will to "safeguard peace and stability in the region." Chad, Mauritania and Senegal all recalled their ambassadors from Qatar in June. They acted after...
(Reuters 08/23/17)
N'DJAMENA (Reuters) - Chad is shuttering Qatar's embassy and giving its diplomats 10 days to leave the country, accusing the Gulf Arab state of trying to destabilise the central African nation via its northern neighbour Libya, it said on Wednesday. It is not the first African state to move against Qatar following its rift with other Gulf states including the United Arab Emirates and Saudia Arabia, whose charities funnel millions of dollars in aid money to west and central Africa. Senegal said this week that it had reinstated its ambassador to Qatar after having recalled him three months ago, in a bid to encourage a peaceful resolution to the feud. "In order to safeguard peace and security in the region,...
(RFI(EN) 08/23/17)
Life is difficult for Central African refugees and returnees living in refugee camps in southern Chad, but some people manage to find their way-- and help their fellow Central Africans as well. RFI's Laura Angela Bagnetto speaks to three people who have made a difference, helping themselves and their communities. Read more at: http://en.rfi.fr/africa/20170821-central-african-refugees-living-souther...
(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...
(RFI(EN) 08/23/17)
Some came across the border to Chad in 2003; others fled just two weeks ago, trying to escape the violence in their country, the Central African Republic. Many did not arrive unscathed-- whether from physical injuries or psychological trauma- and are scared to return as armed militias continue to act with impunity. Central Africans and Chadian returnees live primarily in six refugee camps and sites near the CAR and Cameroonian border. The United Nations and partners are trying to help them and the local communities, many who have welcomed the Central Africans with open arms, but as one refugee explained, "we know there are other crises around the world, like Syria, that need help." International aid has dried up for...
(RFI(EN) 08/23/17)
The Chadian government, working with the United Nations and various aid agencies, are trying to provide healthcare to the Central African Republic refugees, returnees, and the local population in southern Chad. Typical ailments include malaria, flu, and diarrhea. Health care workers are available for everyone, but medication is in scarce supply. RFI's Laura Angela Bagnetto looks at how healthcare--or lack of thereof-- is a problem in the eight refugee camps dotting the border of Chad: Read more at: http://en.rfi.fr/africa/20170818-car-refugees-and-chadian-locals-have-ac...
(APA 08/22/17)
Tired of heaving his motorcycle from the sticky mud, a dispirited Goukouni Ousman vented his spleen at the authorities in N'Djamena, blaming them for his rainy season woes. Since the beginning of the rains in Chad, Ousman has been feeling constrained every time he left home wallowing through puddles with his motorbike before the welcoming asphalted road, where he is assured of a smooth ride. Incensed by the supposed indifference by the authorities Ousman could not resist taking a swipe at them. “We do not have a government in Chad…town councilors spend their time in the markets to only add to the suffering of honest vendors” he charged. He is one of many residents railing against the unspeakable difficulties of...
(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...
(Xinhuanet 08/22/17)
African officials on Monday called for urgent infrastructural development and regional integration to boost the continent's economy. At the Infrastructure Africa 2017 in Johannesburg, Zambian Minister of Finance Felix Mutati encouraged Africans to speedily address infrastructural deficit. "We have to inject some sense of urgency in ourselves. If we remain captured by business as usual, we are headed for disaster," said Mutati at the opening ceremony of the two-day event. "Competitiveness in Africa is being constrained by infrastructure deficit. We need about 93 billion U.S. dollars every year to address the infrastructure gap in the continent. We need to urgently implement projects," he said. Mutati said Africa has to narrow focus to innovative financing and design, better use of existing...
(Bloomberg 08/21/17)
GreenWish Partners, a renewable energy company run by a former Morgan Stanley executive, is planning to invest $800 million on solar-powered telecommunications towers across Africa. The project could fuel economic growth by providing power for essential services. Sub-Saharan Africa has the lowest rates of energy access in the world and is home to about half of the world’s 1.2 billion people without reliable electricity, according to the International Energy Agency. The problem extends to businesses as well as households, cutting into productivity and growth. “We reduce the total cost of power by 30 percent,” said Charlotte Aubin-Kalaidjian, the founder and chief executive officer of GreenWish, who was formerly a managing director at Morgan Stanley Investment Management. “Smaller towers can run...
(RFI(EN) 08/17/17)
Central Africans fleeing the violence sometimes get caught up in it. Ex-Seleka and anti-Balaka militias abduct, rape, steal and kill people trying to get across the border to the safety of Chad. Read more at: http://en.rfi.fr/africa/20170816-while-fleeing-central-african-republic-...
(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...
(APA 08/10/17)
The first flight of Chadian pilgrims to Mecca is due to take off from N'Djamena on 18 August, to be followed by other departures for all the 6,800 pilgrims registered for the 2017 Hajj. The cost of travelling to Islamic holy places of Medina and Mecca in Saudi Arabia was set at CFA 1,886,000 francs and, according to the Commissioner of the Pilgrimage, Saleh Bourma, Islamic clerics taught intending pilgrims all the rites of the Hajj in the local languages . In addition Bourma added, the Hajj’s organizing committee has selected nine travel agencies to deal with the travel arrangements. "No pilgrim can escape registration. A website was also created this year for Chadian pilgrims to learn in real time...
(AFP (eng) 08/10/17)
The skull of an infant ape buried by a volcano 13 million years ago has preserved intriguing clues about the ancestor humans shared with apes -- including a likely African origin, scientists said Wednesday. A previously-unknown creature that shared an extended family with the human forefather, had a flat face like that of our far-flung cousin the gibbon, but did not move like one, its discoverers wrote in the journal Nature. They named it Nyanzapithecus alesi after "ales" -- the word for "ancestor" in the Turkana language of Kenya, where the lemon-sized skull was unearthed. The sole specimen is that of an infant that would have grown to weigh about 11 kilogrammes (24 pounds) in adulthood. It had a brain...
(Xinhuanet 08/09/17)
The United States Trade Representative (USTR) on Wednesday affirmed the commitment of his country to Africa and saw "great potential to grow and deepen trade relationship." Robert E. Lighthizer expressed this in opening speech of the ministerial plenary as part of the 16th Forum of the Africa Growth and Opportunity Act (AGOA), on Wednesday here in Togolese capital Lome. "The United States is committed to Africa. We see great potential to grow and deepen our trade relationship, with the goal of establishing a true partnership for the future", Lighthizer said. "By lowering barriers and tackling other constraints that impede trade and investment, we are poised to see U.S.-Africa trade flourish", he said, underscoring that "much more work needs to be...
(Reuters (Eng) 08/08/17)
Tuesday's action at the World Athletics Championships sees two of the most intriguing races of the program as South Africa's Wayde van Niekerk bids for the first half of his 400/200 meters double and Nigel Amos goes for gold in the men's 800m. World record holder and defending champion Van Niekerk should be unbeatable in the 400m but faces a stiff challenge, not least from Botswanan duo Isaac Makwala and Thebe Baboloki. Another Botswanan, Amos, will also have to be at his best in the 800m, where a clutch of athletes are suddenly dreaming of glory in the absence of Kenya's injured champion David Rudisha. Kenya is expected to continue its dominance of the men's 3,000m steeplechase - though American...
(Xinhuanet 08/03/17)
Trade between China and Africa reached 85.3 billion U.S. dollars in H1, surging 19 percent year on year as the two sides strengthened cooperation in a wide range of areas, official data showed Thursday. The data reversed the negative growth trend since 2015, according to Gao Feng, spokesperson with the Ministry of Commerce. During January-June, Chinese imports from Africa, including minerals, agricultural products and fruits, amounted to 38.4 billion U.S. dollars, jumping 46 percent from the same period last year, while exports gained 3 percent to 47 billion U.S. dollars. Transport equipment has become a bright spot in China's exports to African countries, with that of ships, trains and aerospace equipment up 200 percent, 161 percent and 252 percent respectively,...
(AFP (eng) 08/02/17)
French and German support for a regional Sahel force to battle jihadists will persuade other European nations of the benefits of backing the counter-terror measure, Germany's defence minister said Tuesday. Ursula von der Leyen spoke to journalists in Bamako after talks with President Ibrahim Boubacar Keita, arriving six days after a helicopter crash in the country's north killed two German crew who were monitoring clashes for the United Nations mission to Mali. Von der Leyen said the discussion had centred on the autumn deployment of the force from the so-called "G5 Sahel" countries (Burkina Faso, Chad, Mali, Mauritania, Niger)
(Bloomberg 08/02/17)
Julien Ochala can’t live without his morning cup of Joe. But not just any coffee will do. For the past five years, the 37-year-old physiology lecturer at King’s College London has visited the same store every week to grab a pack of his beloved Kenyan brew. And he’s not put off by the cost: at 37 pounds a kilogram ($22 a pound), it’s more than double a similar supermarket product. "I take Kenyan coffee every morning," said Ochala, who buys his beans from Monmouth Coffee Company in Borough Market. "I love it because of the relatively higher acidity level. It keeps me active in the afternoons." Customers willing to pay a premium for African brews, known for their floral, fruity...

Pages