Tchad | Africatime
Friday 24 October 2014

Tchad

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(Bloomberg 10/24/14)
The Nigerian government said Chadian President Idriss Deby is the intermediary in its negotiations with Islamist militants over the release of more than 200 schoolgirls abducted in April. “We are still in talks and in contact with them and everything would be done to effect the deal,” government spokesman Mike Omeri said by phone today from the capital, Abuja. Boko Haram fighters kidnapped the girls from their school in the northeastern town of Chibok. Since the government said on Oct. 17 that it had reached a cease-fire with the rebels, suspected militants have carried out a series of gun and bomb attacks and the kidnapping of 60 women in northeastern Nigeria. The government is investigating...
(Business Day Online 10/24/14)
The rally in African debt markets has come to an abrupt halt as countries in the west of the continent battle to contain the spread of Ebola. Nigeria, which has been declared Ebola-free by the World Health Organisation (WHO), has seen prices fall for its dollar-denominated government debt, pushing the yield up from 4.9 percent to 5.4 percent in the space of about a week the Financial Times reports. Ghana has deferred the sale of a local currency bond scheduled for issue this month and yields on debt issued by the region’s largest economy are at a six-month high. The...
(Ventures-Africa 10/23/14)
VENTURES AFRICA – The first ever African Women in Real Estate Network is set to increase participation and opportunities for women in the sector, according to Ruth Obih, CEO of 3Invest, a service real estate consulting and investment firm based in Lagos, Nigeria. Referred to with the acronym A.W.I.R.E., the network was launched at the recently concluded Real Estate Unite, arguably the largest gathering of real estate professionals in Africa. “If we in the real estate are committed to our...
(SouthAfrica.info 10/23/14)
The International Monetary Fund (IMF) expects the strong growth trends that sub-Saharan Africa has been experiencing in recent years to continue in the next two years, albeit at a faster rate. Releasing the October 2014 IMF Regional Economic Outlook: Sub-Saharan Africa report on 20 October, director of the IMF’s African Department, Antoinette Sayeh, said the region’s economy is forecast to continue “growing at a fast clip, expanding by about 5% in 2014, the same level as in 2013, and accelerating...
(Voice of America 10/22/14)
The United Nations said it is assisting six Central African countries in organizing synchronized vaccinations after Cameroon reported a fifth case of the wild polio virus in its territory. Four wild polio virus cases have been reported in Cameroon's neighbor to the south, Equatorial Guinea, this year. Charlotte Faty Ndiaye, the resident representative of the World Health Organization (WHO) in Cameroon, said all children under the age of five in Chad, Gabon, Congo Brazzaville and the Central African Republic should...
(Ventures-Africa 10/22/14)
VENTURES AFRICA – The International Monetary Fund (IMF) has warned African countries that rushing to issue Eurobonds could raise debt levels and undermine growth as they may face exchange rate risks and problems repaying debts. Several African countries, especially those once burdened with debts, have issued Eurobonds to raise money for capital projects. Reuters News Agency quotes the director of IMF’s African Department, Antoinette Sayeh, as saying, in an interview on Monday, that such Eurobonds come with risks. “Whereas what...
(Bloomberg 10/21/14)
Ebola’s economic effects in Africa are proving hard to quarantine even in the 49 of 54 countries that are untouched by the virus. Corporate events are being canceled, international investors are declining to visit and multinationals are on high alert. The International Monetary Fund yesterday cut its forecast for economic growth in sub-Saharan Africa this year to 5 percent from 5.5 percent, due in part to “economic spillovers starting to materialize” from the outbreak. The ripple effects present a fresh...
(Cameroon-Tribune 10/20/14)
They ended a workshop in Yaounde over the weekend on defining a common strategy for combatting the militants. The authorities of Benin Republic and member States of the Lake Chad Basin Commission, LCBC, are not leaving anything to chance in their efforts to contain attacks by the Boko Haram sect. Rising from a four-day workshop that ended at the Yaounde Senior International War College on Friday, October 17, 2014, the participants, both military and civilian strategists, agred on a common...
(Ventures-Africa 10/20/14)
VENTURES AFRICA – The race to build hotels in Africa has never been bigger than it is today. Global hotel chain Marriot International’s recent announcement of a $1.5 billion Africa expansion plan stirred the market and a recent hotel conference on Africa. The capital investment will be used to build nine hotels, amounting to a 1,300 additional rooms, by 2015 and 30 additional hotels by 2020, adding another 5,550 rooms to the continent’s hotel room count. Marriot International’s construction plan...
(Cnbc Africa 10/17/14)
Africa’s vast amounts unexplored resources make it every investors dream, however, the continents real success lies in advancing women. Earlier this month the world celebrated The United Nations’ International Day of Rural Women, a day that recognises the vital role rural women play in improving agriculture and rural development. “When we give rural women access to productive agricultural and natural resources, we empower them. They, in turn, can contribute more to alleviating hunger and boosting the ability of their communities...
(AFP (eng) 10/16/14)
Despite sparse resources and limited institutional support, the world will soon wake up to Africa's ingenious new artists, according to some of the continent's leading exponents taking part in London's Contemporary African Art Fair. The four-day event -- the largest such fair outside Africa -- opens on Thursday and showcases the work of over 120 artists in the grand setting of Somerset House in the heart of the British capital in a bid to reach a global market. Some 27...
(Ventures-Africa 10/15/14)
VENTURES AFRICA – The Executive Secretary of the United Nation’s Economic Commission for Africa, Carlos Lopes has called on the international financial community to provide Africa with more investments than aid, as it is obvious that the latter cannot help the emerging continent achieve its desired growth and development. Carlos was, on Monday, speaking at the opening of the Ninth African Development Forum holding in Marrakech, Morocco themed “Innovative financing for Africa’s transformation” with the aim of deriving measures to...
(AFP (eng) 10/14/14)
A Saudi court sentenced a Chadian and an Egyptian to death on Monday while several other people were jailed up to 33 years for "terrorist" related offences, official media said. A Saudi Arabian accused also received the death sentence from the special court in Riyadh, the Saudi Press Agency reported. Those jailed included five from the African nation of Chad, a Nigerian, a Yemeni and a Palestinian, along with Saudis, the agency said. It did not say when the offences...
(National Mirror Online 10/14/14)
Nigeria, Niger Republic, Cameroun, Chad, and the Republic of Benin have agreed to deploy troops in their common borders to check the activities and cross movement of members of the Boko Haram sect. The deployment of the troops will commence on November 1. This is also as the member states pledged commitment to the implementation of the decisions of the heads of state and government for the establishment and coordination of the Multi Joint Task Force within their regions. This...
(Ventures-Africa 10/14/14)
VENTURES AFRICA – Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released last week, by IHS, a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. “Cote d’Ivoire intends on spending $4 billion on agriculture development in order to improve crop yields and, in four years,...
(Voice of America 10/13/14)
Nigeria's President Goodluck Jonathan has welcomed the support provided by regional leaders in his country's efforts to combat the Islamist militant group Boko Haram, according to presidential spokesman Reuben Abati. His comments came following a meeting with an envoy of Gabon’s President Ali Bongo Ondimba in the capital, Abuja. In a message delivered by the envoy, Gabon’s leader pledged his government’s support as well as that of the countries in the Central African region to Nigeria in the fight against...
(Ventures-Africa 10/13/14)
VENTURES AFRICA – Compared to other regions of the world, sub-Saharan Africa has the highest number of female entrepreneurs. These women are mostly owners of small businesses and local community shops serving the unmet needs of their homes and consumers. This not only reshapes the incorrect perception that African women have marginal input in overall economic output, but a socio-economic conscious business environment that includes full support of women entrepreneurs could potentially bring millions out of poverty and reduce an...
(This Day Live 10/11/14)
President Goodluck Jonathan friday in Abuja welcomed the renewed support for the war against terrorism coming from Nigeria’s neighbours in the last few days. In a related development, there was pandemonium at the Yola International Airport in Adamawa State friday when a military aircraft involved in the war against terror crashed landed in the afternoon. The president who spoke at an audience with Emmanuel Issoze Ngondet, a Special Envoy of President Ali Bongo Ondimba of Gabon applauded the “renewed and...
(Business Day 10/11/14)
Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released Wednesday, by IHS Inc., a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. Across sub-Saharan Africa, the development of the agriculture sector is viewed by many countries as a way to: Diversify their economies away from...
(Ventures-Africa 10/10/14)
VENTURES AFRICA – Lusaka Stock Exchange listed power distribution company, Copperbelt Energy Corporation (CEC) is to invest over $18 million in upgrading its network in a bid to boost Zambia and DR Congo energy sector. “CEC owns the inter-connection between Zambia and DRC. We are building a duo circuit transmission line which will see the capacity of our inter-connector extended from 250 megawatts to 550 megawatts,” said CEC managing director Owen Silavwe. CEC operates and maintain a network comprising transmission, distribution and generation assets. The assets comprise an emergency power generation capacity of 80MW, transmission and distribution network of around 1,000 km of overhead power lines

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(Bloomberg 10/24/14)
The Nigerian government said Chadian President Idriss Deby is the intermediary in its negotiations with Islamist militants over the release of more than 200 schoolgirls abducted in April. “We are still in talks and in contact with them and everything would be done to effect the deal,” government spokesman Mike Omeri said by phone today from the capital, Abuja. Boko Haram fighters kidnapped the girls from their school in the northeastern town of Chibok. Since the government said on Oct. 17 that it had reached a cease-fire with the rebels, suspected militants have carried out a series of gun and bomb attacks and the kidnapping of 60 women in northeastern Nigeria. The government is investigating...
(Voice of America 10/22/14)
The United Nations said it is assisting six Central African countries in organizing synchronized vaccinations after Cameroon reported a fifth case of the wild polio virus in its territory. Four wild polio virus cases have been reported in Cameroon's neighbor to the south, Equatorial Guinea, this year. Charlotte Faty Ndiaye, the resident representative of the World Health Organization (WHO) in Cameroon, said all children under the age of five in Chad, Gabon, Congo Brazzaville and the Central African Republic should be inoculated because the spread of polio in neighboring Cameroon and Equatorial Guinea has made the crippling disease an international...
(Cameroon-Tribune 10/20/14)
They ended a workshop in Yaounde over the weekend on defining a common strategy for combatting the militants. The authorities of Benin Republic and member States of the Lake Chad Basin Commission, LCBC, are not leaving anything to chance in their efforts to contain attacks by the Boko Haram sect. Rising from a four-day workshop that ended at the Yaounde Senior International War College on Friday, October 17, 2014, the participants, both military and civilian strategists, agred on a common...
(AFP (eng) 10/14/14)
A Saudi court sentenced a Chadian and an Egyptian to death on Monday while several other people were jailed up to 33 years for "terrorist" related offences, official media said. A Saudi Arabian accused also received the death sentence from the special court in Riyadh, the Saudi Press Agency reported. Those jailed included five from the African nation of Chad, a Nigerian, a Yemeni and a Palestinian, along with Saudis, the agency said. It did not say when the offences...
(National Mirror Online 10/14/14)
Nigeria, Niger Republic, Cameroun, Chad, and the Republic of Benin have agreed to deploy troops in their common borders to check the activities and cross movement of members of the Boko Haram sect. The deployment of the troops will commence on November 1. This is also as the member states pledged commitment to the implementation of the decisions of the heads of state and government for the establishment and coordination of the Multi Joint Task Force within their regions. This...
(Reuters (Eng) 10/08/14)
Niamey (Reuters) - Leaders of Niger, Nigeria, Chad and Benin on Tuesday announced plans to step up the fight against Boko Haram with an additional battalion and a command center to tackle the militants whose insurgency has spread beyond Nigeria, a statement said. Boko Haram's violent five-year campaign for an Islamic state has killed thousands and is threatening the stability of countries in the West and Central Africa regions. In the past two months, it has progressed from bombings, raids...
(Xinhuanet 10/07/14)
PARIS, Oct. (Xinhua) -- Paris-based Organization for Economic Cooperation and Development (OECD) on Monday hold the 14th session of Africa forum with a major focus on ways to make accelerating growth in African countries more robust and sustainable. Themed "By Africa, for Africa? Industrialisation and Integration for Inclusive Growth," participants would dig for adequate measures to help "African firms harness regional and global value chains to create new jobs," and implement "innovative territorial policies to promote balanced regional development and...
(PANA 10/06/14)
The Ebola spread to the US has created fears that US aviation authorities could slap travel restrictions, which would signal a major crisis for African airlines struggling to make profits, analysts warned in a report on Thursday. DaMina Advisors, an African political risk advisory service firm, warned that with the first US confirmed case of Ebola diagnosed in Texas and growing public pressure on the Obama administration to restrict US airline travel to West Africa, the financial viability of a number of already struggling domestic African airline carriers may be under threat.
(PANA 10/06/14)
African football governors must seriously address organisation and administration aspects of football management for the continent to move higher up in global football, Cameroon coach Volker Finke has said. 'If we want to move forward we must professionalise everything around the team,' Finke said at the just-concluded two-day conference in Cairo, Egypt, that reviewed Africa's performance at the 2014 FIFA World Cup in Brazil. The conference, which brought together African coaches and technical directors, was organised by FIFA and CAF,...
(The New Times 10/03/14)
African governments have been reminded that as they celebrate the gains and achievements made in information and communications technology (ICT) and Internet penetration, they should bear in mind the challenges stalking further development of the two. Dr Hamadoun Toure, the secretarygeneral of International Telecommunication Union (ITU), said the key challenges include affordability of broadband and the new cyber security threats that users are now exposed to as a result of the connections made. Dr Toure was yesterday speaking at the launch of the second annual Smart Rwanda Days in Kigali.
(Voice of America 09/30/14)
Johannesburg — The Mo Ibrahim Foundation has released its annual index of governance in Africa. The report shows continued small improvement continent-wide, although performance varied greatly from country to country. This year's annual Mo Ibrahim African Governance Index came as something of an anticlimax: many of the 52 nations maintained their spots from last year, with tiny Mauritius at the top and volatile Somalia at the bottom. The charitable foundation said it has moved back the date for awarding the...
(PANA 09/27/14)
The African Union (AU) has pledged to push for the implementation of policies to stop international companies operating in lucrative economic sectors in Africa, where violation of human rights is rampant, to respect the laws safeguarding workers rights. AU Commissioner for Political Affairs Aisha Abdullahi said policies would be in place across Africa to ensure all firms abide by common code of conduct that guarantees the protection of workers’ rights. “All too often, human rights concerns have fallen by the...
(PANA 09/26/14)
The Executive Board of the International Monetary Fund (IMF) has approved a new three-year arrangement under the Extended Credit Facility (ECF) for SDR 79.92 million (about US$122.4 million) in support of Chad's medium-term economic programme, the Fund announced Wednesday. In a statement, made available to PANA here, the IMF Board said its approval will enable the first disbursement of an amount equivalent to SDR 13.31 million (about US$20.4 million) to Chad.
(PANA 09/25/14)
A new initiative announced Tuesday at the UN Climate Summit in New York is expected to reduce dependency on fossil fuels in eastern and southern Africa at a time when regional demand for electricity is estimated to at least double over the next quarter century, a document circulated at the summit stated. Also, a second initiative, coordinated by the International Renewable Energy Agency (IRENA), aims to deliver a cleaner energy mix for up to 4.7 million people on the frontlines of climate change in so-called small island developing States. The document signed by UN Secretary-General Ban Ki-moon said:
(Reuters (Eng) 09/24/14)
New Delhi — An event aimed at promoting trade and investment between India and Africa has been postponed due to concerns over the deadly Ebola outbreak, India's foreign affairs ministry said on Wednesday. The worst Ebola outbreak on record has killed more than 2,800 people in West Africa. The U.S. Centers for Disease Control and Prevention warned that between 550,000 and 1.4 million might be infected in the region by January. The India-Africa Forum Summit (IAFS) was due to take...
(Modern Ghana 09/23/14)
A draft Bill will fuel homophobia and represents a major backwards step for human rights in Chad if passed into law, Amnesty International said today. Amendments to the penal code proposed by the government would criminalize same sex conduct in Chad, threatening jail sentences of between 15 and 20 years, and a fine of between CFA francs 50,000 to 500,000 ($100 and $1000.)
(Reuters (Eng) 09/23/14)
JERUSALEM (Reuters) - Israel's high court on Monday outlawed a detention center where African migrants are held without trial and ordered some 2,000 inmates there released over the next three months. The ruling struck down a measure passed by Israel's parliament in December to indefinitely incarcerate migrants, most of them from Sudan and Eritrea, in a measure criticized by human rights groups as an attempt to force migrants to leave. Israeli leaders have denounced the migrants they refer to as...
(Xinhuanet 09/22/14)
UNITED NATIONS, Sept. (Xinhua) -- UN Secretary-General Ban Ki-moon on Sunday met with Nkosazana Dlamini-Zuma, chairperson of the African Union Commission, and the two leaders vowed to enhance cooperation in peace and security. During the meeting, the two leaders "discussed the strategic partnership between the United Nations and the African Union and ways to continue to enhance such cooperation in the area of peace and security," Ban's spokesman told reporters here. They also reviewed challenges to peace and security in Africa, including the situation in Libya, Mali/Sahel, Somalia, South Sudan and the Great Lakes Region, said the spokesman.
(Reuters (Eng) 09/20/14)
N'DJAMENA (Reuters) - Chad's government accused the United Nations' peacekeeping mission in Mali on Friday of failing to relieve its contingent in the country's volatile north and neglecting to support it, a day after five Chadian soldiers were killed by a roadside bomb. The mission, known as MINUSMA, was deployed last year after a French-led military intervention drove out al Qaeda-linked Islamist fighters, who had seized the north a year earlier. Pockets of insurgents remain, however, and the Kidal region...
(Voice of America 09/19/14)
ADDIS ABABA— African children are facing disproportionately high levels of violence, according to a new report by the African Child Policy Forum. The study calls for more coordinated action to prevent violence against children. The new report, released Thursday, said African children are subjected to extremely high levels of emotional, physical and sexual abuse, and current laws and policies have not been able to tackle this issue. African Child Policy Forum Executive Director Theophane Nikyema said a coordinated response is needed. “There has not been much focus on the prevention side when it comes to child protection

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(Business Day Online 10/24/14)
The rally in African debt markets has come to an abrupt halt as countries in the west of the continent battle to contain the spread of Ebola. Nigeria, which has been declared Ebola-free by the World Health Organisation (WHO), has seen prices fall for its dollar-denominated government debt, pushing the yield up from 4.9 percent to 5.4 percent in the space of about a week the Financial Times reports. Ghana has deferred the sale of a local currency bond scheduled for issue this month and yields on debt issued by the region’s largest economy are at a six-month high. The sell-off in sub-Saharan Africa’s government bonds comes towards the end of a record year for...
(Ventures-Africa 10/23/14)
VENTURES AFRICA – The first ever African Women in Real Estate Network is set to increase participation and opportunities for women in the sector, according to Ruth Obih, CEO of 3Invest, a service real estate consulting and investment firm based in Lagos, Nigeria. Referred to with the acronym A.W.I.R.E., the network was launched at the recently concluded Real Estate Unite, arguably the largest gathering of real estate professionals in Africa. “If we in the real estate are committed to our own growth, we must make definitive strides for women’s participation in our sector,” said Obih. Real estate trailblazer, Udo Maryanne...
(SouthAfrica.info 10/23/14)
The International Monetary Fund (IMF) expects the strong growth trends that sub-Saharan Africa has been experiencing in recent years to continue in the next two years, albeit at a faster rate. Releasing the October 2014 IMF Regional Economic Outlook: Sub-Saharan Africa report on 20 October, director of the IMF’s African Department, Antoinette Sayeh, said the region’s economy is forecast to continue “growing at a fast clip, expanding by about 5% in 2014, the same level as in 2013, and accelerating...
(Ventures-Africa 10/22/14)
VENTURES AFRICA – The International Monetary Fund (IMF) has warned African countries that rushing to issue Eurobonds could raise debt levels and undermine growth as they may face exchange rate risks and problems repaying debts. Several African countries, especially those once burdened with debts, have issued Eurobonds to raise money for capital projects. Reuters News Agency quotes the director of IMF’s African Department, Antoinette Sayeh, as saying, in an interview on Monday, that such Eurobonds come with risks. “Whereas what...
(Bloomberg 10/21/14)
Ebola’s economic effects in Africa are proving hard to quarantine even in the 49 of 54 countries that are untouched by the virus. Corporate events are being canceled, international investors are declining to visit and multinationals are on high alert. The International Monetary Fund yesterday cut its forecast for economic growth in sub-Saharan Africa this year to 5 percent from 5.5 percent, due in part to “economic spillovers starting to materialize” from the outbreak. The ripple effects present a fresh...
(Ventures-Africa 10/20/14)
VENTURES AFRICA – The race to build hotels in Africa has never been bigger than it is today. Global hotel chain Marriot International’s recent announcement of a $1.5 billion Africa expansion plan stirred the market and a recent hotel conference on Africa. The capital investment will be used to build nine hotels, amounting to a 1,300 additional rooms, by 2015 and 30 additional hotels by 2020, adding another 5,550 rooms to the continent’s hotel room count. Marriot International’s construction plan...
(Cnbc Africa 10/17/14)
Africa’s vast amounts unexplored resources make it every investors dream, however, the continents real success lies in advancing women. Earlier this month the world celebrated The United Nations’ International Day of Rural Women, a day that recognises the vital role rural women play in improving agriculture and rural development. “When we give rural women access to productive agricultural and natural resources, we empower them. They, in turn, can contribute more to alleviating hunger and boosting the ability of their communities...
(Ventures-Africa 10/15/14)
VENTURES AFRICA – The Executive Secretary of the United Nation’s Economic Commission for Africa, Carlos Lopes has called on the international financial community to provide Africa with more investments than aid, as it is obvious that the latter cannot help the emerging continent achieve its desired growth and development. Carlos was, on Monday, speaking at the opening of the Ninth African Development Forum holding in Marrakech, Morocco themed “Innovative financing for Africa’s transformation” with the aim of deriving measures to...
(Ventures-Africa 10/14/14)
VENTURES AFRICA – Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released last week, by IHS, a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. “Cote d’Ivoire intends on spending $4 billion on agriculture development in order to improve crop yields and, in four years,...
(Ventures-Africa 10/13/14)
VENTURES AFRICA – Compared to other regions of the world, sub-Saharan Africa has the highest number of female entrepreneurs. These women are mostly owners of small businesses and local community shops serving the unmet needs of their homes and consumers. This not only reshapes the incorrect perception that African women have marginal input in overall economic output, but a socio-economic conscious business environment that includes full support of women entrepreneurs could potentially bring millions out of poverty and reduce an...
(Business Day 10/11/14)
Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released Wednesday, by IHS Inc., a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. Across sub-Saharan Africa, the development of the agriculture sector is viewed by many countries as a way to: Diversify their economies away from...
(Ventures-Africa 10/10/14)
VENTURES AFRICA – Lusaka Stock Exchange listed power distribution company, Copperbelt Energy Corporation (CEC) is to invest over $18 million in upgrading its network in a bid to boost Zambia and DR Congo energy sector. “CEC owns the inter-connection between Zambia and DRC. We are building a duo circuit transmission line which will see the capacity of our inter-connector extended from 250 megawatts to 550 megawatts,” said CEC managing director Owen Silavwe. CEC operates and maintain a network comprising transmission, distribution and generation assets. The assets comprise an emergency power generation capacity of 80MW, transmission and distribution network of around 1,000 km of overhead power lines
(The Africa Report 10/09/14)
Chad expects to double oil production by the end of 2015 as new fields come on stream and has appointed firms to inventory potential mineral deposits in an effort to diversify the economy, its finance minister said. The former French colony, one of the poorest nations in the world, has been rocked by humanitarian crises over the past decade including conflicts in the east and south, drought in the arid Sahel region and flooding. That has been compounded since 2012...
(Reuters (Eng) 10/08/14)
(Reuters) - Standard Chartered (STAN.L) plans to hire at least 1,000 more staff in Africa in the next couple of years, an increase of more than 10 percent, even as its expansion elsewhere has slowed. Diana Layfield, Standard Chartered's chief executive for Africa, declined to specify where the extra staff would go, but picked out Nigeria, Kenya and Ghana as three of the most attractive markets. "Nigeria has to be close to the top of everybody's list (for expansion) .....
(Business Week 10/06/14)
Africa is ripe for investment, a fact that is being acted upon by Abu Dhabi companies with increasing regularity. Etihad Airways just announced that it would expand its African presence with the launch of a daily service to Dar es Salaam, Tanzania. Earlier this month, Trojan General Contracting, part of the Royal Group owned by Sheikh Tahnoon bin Zayed Al Nahyan, is participating in a $16 billion programme to build roads and railways across West Africa. These companies are not...
(Kenya Star 10/02/14)
ATHENS- Marine researchers hope that fish farming - the process of raising fish in ponds for food - can help African countries overcome chronic food shortages. Scientists from the Athens-based Hellenic Centre for Marine Research are working on ways to improve fish farming in Europe, and now have been asked to do the same to alleviate food shortages in Africa. The governments of Kenya and Sierra Leone approached the European Union for assistance with fisheries. Hellenic Centre director Evangelos Papathanassiou explains this is a joint European-African project.
(Bloomberg 10/01/14)
Africa’s richest man, Aliko Dangote, said further deals with the Investment Corp. of Dubai may run into billions of dollars after the Emirati holding company invested $300 million in his cement business last month. “We have also agreed to invest in other other ventures in oil and agriculture,” Dangote said today in an interview at a conference in Dubai. “They already have a seat on our board. This could run into billions of dollars.” ICD is exploring opportunities to work...
(Business Week 09/29/14)
DUBAI, UAE - The Ruler of Dubai, H.H. Sheikh Mohammed bin Rashid Al Maktoum, who is also United Arab Emirates Vice-President, is hosting the Second African Global Business Forum which is by invitation only and organized by The Economist publication. The event (AGBF) takes place this week starting Wednesday and several African Heads of State have confirmed attendence. The theme is ‘New Realities – New Connections’.
(Xinhuanet 09/26/14)
NAIROBI, Sept. (Xinhua) -- Africa could become a single air transport market that will remove the need for bilateral air services agreements by early 2016, the industry lobby said on Wednesday. African Airlines Association (AFRAA) Secretary General Elijah Chingosho told Xinhua that the regulatory texts and legal institutional framework are scheduled to be finalized in October. "Guidelines will soon be formulated that will enable the African Union to carry out negotiations among the various trading blocs with a view to...
(PANA 09/20/14)
Mobile money - Customers of Orange Money and Bank of Africa, in a number of African countries, will be able to transfer money directly between their two accounts within the next few months, telecoms industry global monitor Pyramid Research reported Thursday on its daily update. The France-headquartered company, Orange, said its Money customers would be able to buy goods and pay utility bills, as well as purchase air-time credit, without going to the bank or shop.

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(PANA 10/07/14)
The qualifying series for the 2015 Africa Cup of Nations is set to resume next weekend, after a month-long break, PANA reported Sunday. The first set of two group matches were played last month, and two more matches are slated to be played this month. Match day three will be next Friday and Saturday, while Match day four will be four days later, on 15 Oct. After this month's matches, there will be two more matches to go, in November, before the emergence of the qualified teams. The top two finishers from each of the seven groups, plus the best third-placed team, will pick the tickets to the 16-team 2015 Africa Cup of Nations finals...
(The New Times 10/07/14)
Head coaches and technical directors of African national teams have hailed progress in African football but emphasised the need to make improvements which would see an African team win a Fifa World Cup. The resolution was among the many passed by the coaches, who meet in a two-day conference held in Cairo, Egypt last week. It was organised by FIFA and CAF to review and learn from the 2014 FIFA World Cup Brazil. Rwanda was represented by Amavubi head coach Stephen Constantine and technical director Lee Johnson. Reflecting on the technical aspects of Brazil 2014, there was a general feeling...
(Dw-World 09/04/14)
As the continent gears up for its African Nations Cup qualifiers, concerns are growing that the deadly disease could ruin the games. Some argue soccer players and fans from Ebola-hit countries could spread the virus. The message from Africa's soccer governing body, the Confederation of African Football (CAF), was clear: Ivory Coast will be expelled from the 2015 Africa Cup of Nations if they refuse to host Ebola-hit Sierra Leone in their qualifier on Saturday (06.09.2014). CAF's statement prompted Ivory Coast to allow the match to be held in Abidjan after all.
(PANA 08/30/14)
The Malian Football Federation (FEMAFOOT) has asked the Confederation of African Football (CAF) to relocate its away Africa Cup of Nations (AFCON) qualifying match against Algeria scheduled for 10 September at Blida for security reasons. FEMAFOOT on Thursday cited insecurity in Algeria following the death on 23 August of the JS Kabylie Cameroonian player, Albert Ebossé, 24, after he was hit by an object thrown by supporters of his club.
(RFI(EN) 07/29/14)
No black African cyclist has ever taken part in the Tour de France. The most prestigous cycling event in the world ended in Paris on Sunday, and Team Africa Rising hopes to bring an African team to the Tour in the near future. Team Africa Rising wants to be the first hundred percent African team to race the European circuit and eventually take part in the Tour de France. Speaking to RFI, Jock Boyer, the founder of Team Africa Rising...
(The Point 07/05/14)
Football lovers in Africa are generally disappointed about the early exit of Africa's five representatives in the FIFA World Cup 2014 in Brazil. But the signs were already there for such a development. And squabbles over finances and administrative arrangements are a large contributing factor. However, since FIFA allocated 1.5 million dollars to each of the 32 participating teams, the payment of bonuses to African players should not be a problem, if based on prior agreement, which should be available...
(Zimbabwe Independent 06/21/14)
AT the Brazil 2014 World Cup shorn of African heroics so far, with the singular exception of Ivory Coast, Cameroon went down fighting on Wednesday, but unfortunately, among themselves! After hitting the headlines on the eve of football's global super show for staging an industrial action over bonuses for their participation, the West Africans hogged the limelight for all the wrong reasons yet again. This time it was violence and unmitigated failure in an embarrassing 4-0 loss to Croatia. All...
(PANA 03/13/14)
The President of the Confederation of African Football (CAF), Mr. Issa Hayatou, has nudged African teams heading to the 2014 FIFA World Cup in Brazil to strive to reach the last four. PANA reports that no African team has ever gone beyond the quarter-final stage of the four-yearly global football extravaganza. But Hayatou said a last-four berth by any of Africa's flagbearers in Brazil would be an icing on the cake for the successes which African football has recorded, especially...
(PANA 02/28/14)
The African Football Confederation (CAF) will cover the costs of training, at the CAF Excellence Centre in Mbankomo, for the African teams to the 2014 FIFA World Cup in Brazil, the continental football governing body said. CAF is also calling on the entire African continent to support the five teams that qualified for Brazil 2014 which kicks off in June. The five countries are Cote d'Ivoire, Algeria, Cameroon, Ghana and Nigeria. In a news dispatch from the CAF headquarters in...
(AFP 02/02/14)
CAPE TOWN, (AFP) - Libya won their first continental tournament Saturday after beating Ghana in the African Nations Championship 4-3 on penalties when their final ended 0-0 after extra time. Excellent goalkeeping by the Mediterranean Knights' Muhammad Nashnoush and a poorly-aimed attempt that went wide from Ghana's Joshua Tijane clinched the victory following a lacklustre game. A fast-paced start raised expectations of an energetic clash, but play slowed after the first 15 minutes and failed to recover. The match ended...
(PANA 01/30/14)
Bloemfontein, South Africa - Nigeria's head coach Stephen Keshi has hailed the country's home-based senior national team, the Super Eagles, despite its loss to the Black Stars of Ghana in Wednesday's semi-final of the ongoing 2014 African Nations Championship (CHAN) in South Africa. The teams resorted to penalties after playing goalless in regulation and extra time, with the eventual 4-1 result ending the dreams of African champion Nigeria to also lift the CHAN silverware 'This team has been about six...
(CNN 01/10/14)
(CNN) -- Yaya Toure's African reign will stretch into a third year after the Manchester City midfielder was named the continent's best footballer once again. The Ivory Coast star was crowned Footballer of the Year by the Confederation of African Football at a ceremony in Lagos, Nigeria on Thursday. Toure pipped compatriot Didier Drogba, who plays for Turkish outfit Galatasaray, and Chelsea's Nigerian midfielder John Obi Mikel to the crown. The 30-year-old becomes only the second player to win three...
(Leadership 01/10/14)
In less than 24 hours, African football stars will kick off the CHAN tournament, which is meant for footballers plying their trade in the African continent. Africa has always produced some of the finest footballers of different generations, such as Roger Milla, Abedi Pele, Jay Jay Okocha, Nwankwo Kanu, Didier Drogba, Samuel Eto'o, Fredrick Kanoute, Michael Essien, Mikel Obi, Yaya Toure, Vincent Enyeama and the list goes on. These players have graced the European football with African flair, power and...
(BBC News Africa 12/02/13)
The winner of this year's BBC African Footballer of the Year award will be revealed at 1735 GMT on Monday. The shortlist of Yaya Toure, Victor Moses, John Mikel Obi, Jonathan Pitroipa and Pierre-Emerick Aubameyang was announced three weeks ago. African football fans selected their choice for the award, voting online and by text messages. You can find out result later today live on the BBC's Focus on Africa radio and television programmes and on this website. No player on...
(CNN 10/26/13)
(CNN) -- Is Sepp Blatter angling for another term as head of world football? The 77-year-old vowed at the 2011 FIFA presidential elections, where he stood unopposed after a bribery controversy ruled out his only rival, that this would be his fourth and final four-year stint in office. However, this week he hinted that he has "a mission" to fulfill and said he feels "young enough to be in this office." And he fueled speculation that he may stand again...
(BBC News Africa 09/06/13)
A total of seven places in the African play-offs for the 2014 World Cup will be decided this weekend. The campaign that has been made all the more dramatic because a number of matches have been overturned by football's world governing body Fifa. Only Algeria , Egypt and Ivory Coast will definitely be in the draw on 16 September for the final round of play-offs for Brazil next year. Ghana host Zambia in the first of the weekend's final group...
(AFP (eng) 08/17/13)
Women's sprinting has entered a new era, declared African duo Murielle Ahoure of the Ivory Coast and Nigeria's Blessing Okagbare after they won the continent's first ever medals in a women's world 200 metres final on Friday in Moscow. Ahoure, 25, took her second silver of the World Athletics Championships, having become the first African woman to win a medal in the world 100m final, in a photo finish with Okagbare behind Jamaica's 100m champion Shelly-Ann Fraser-Pryce. Both of them...
(Ghana Business News 08/05/13)
The draw for the 2014 African Nations Championship (CHAN) will take place on Monday, September 16 in Cairo, Egypt, organizers have announced. According to the Confederation of African Football (CAF), the ceremony will be held at its headquarters in the Egyptian capital. The draw will see 16 teams divided into four groups of four teams each for the tournament billed for South Africa next year from January 11 to February 1. Ghana’s local Black Stars booked their place at the...
( 07/22/13)
The 100th edition of the world's most famous cycle race, the Tour de France, which ended in Paris on Sunday, had a distinctly African flavour to it, with Daryl Impey becoming the first South African to pull on the yellow jersey, and overall winner Chris Froome having strong Kenyan and South African connections. Froome, born in Kenya, educated in South Africa and now a British citizen riding for a British team, became the first rider from Africa to win the...
(AFP (eng) 10/16/14)
Despite sparse resources and limited institutional support, the world will soon wake up to Africa's ingenious new artists, according to some of the continent's leading exponents taking part in London's Contemporary African Art Fair. The four-day event -- the largest such fair outside Africa -- opens on Thursday and showcases the work of over 120 artists in the grand setting of Somerset House in the heart of the British capital in a bid to reach a global market. Some 27 galleries from around the world are represented at "1:54" -- named after the number of countries in Africa -- and the event has doubled in size since it debuted last year. "What is exciting about...
(News Day 10/10/14)
IT was a night of fun and of course lots of glitz and glamour at The Big Brother Africa (BBA) Hotshots launch on October 5 at The Whippet in Linden, Johannesburg, South Africa. After the unexpected burning down of the former BBA house also located in Johannesburg, viewers and audiences were naturally eager to see how this new venue would turn out and with no doubt Big Brother did not disappoint. The usual presenter, Ik Osakioduwa, popularly known as Ik, introduced audiences to this year’s edition with a stunning cabaret performance of the official Big Brother theme song. It was...
(The Guardian 12/30/13)
Figures compiled by the Committee to Protect Journalists show that 29 journalists were killed in Syria, 10 in Iraq and six in Egypt. At least 70 journalists were killed around the world in 2013, including 29 who died covering the civil war in Syria and 10 in Iraq, according to the Committee to Protect Journalists. The dead in Syria included a number of citizen journalists working to document combat in their home cities, broadcasters who worked with media outlets affiliated...
( 12/17/13)
BBnZ Live turned the entire Accra metropolis upside-down with the maiden edition of the Afro-Beats Festival held at the Independence Square in Accra over the weekend. An ecstatic crowd made up of over 60,000 Ghanaian music fans from all walks of life including students from all Ghanaian second cycle and tertiary institutions thronged the venue to partake in the event. The three-day Afro-Beats Festival was an all night affair which provided non-stop entertainment till the break of dawn. It kicked...
(AFP 11/09/13)
LAGOS, November 9, 2013 (AFP) - The Africa International Film Festival (AFRIFF) opens in Nigeria on Sunday and although it is still in its infancy, organisers hope that with time it can become the continent's Cannes. Seventy films from across the continent will be screened in a series of venues over seven days in the southern coastal city of Calabar, which Nigeria has tried to promote as an emerging cultural hub. "For an African film to come out in Cannes...
(CNN 09/20/13)
London (CNN) -- The girls strutting down the runway in The Savoy Hotel share many features - all are long-limbed, fine-boned and have glowing complexions. A silent army marching to the heavy music, past the front row A-listers peering out from behind their dark glasses. But one girl is different: the only one with black skin in a battalion of white faces. Nadja is one of the few black models lucky enough to make this year's cut for London Fashion...
(Bloomberg 10/24/14)
The Nigerian government said Chadian President Idriss Deby is the intermediary in its negotiations with Islamist militants over the release of more than 200 schoolgirls abducted in April. “We are still in talks and in contact with them and everything would be done to effect the deal,” government spokesman Mike Omeri said by phone today from the capital, Abuja. Boko Haram fighters kidnapped the girls from their school in the northeastern town of Chibok. Since the government said on Oct. 17 that it had reached a cease-fire with the rebels, suspected militants have carried out a series of gun and bomb attacks and the kidnapping of 60 women in northeastern Nigeria. The government is investigating...
(Ventures-Africa 10/23/14)
VENTURES AFRICA – The first ever African Women in Real Estate Network is set to increase participation and opportunities for women in the sector, according to Ruth Obih, CEO of 3Invest, a service real estate consulting and investment firm based in Lagos, Nigeria. Referred to with the acronym A.W.I.R.E., the network was launched at the recently concluded Real Estate Unite, arguably the largest gathering of real estate professionals in Africa. “If we in the real estate are committed to our own growth, we must make definitive strides for women’s participation in our sector,” said Obih. Real estate trailblazer, Udo Maryanne...
(Voice of America 10/22/14)
The United Nations said it is assisting six Central African countries in organizing synchronized vaccinations after Cameroon reported a fifth case of the wild polio virus in its territory. Four wild polio virus cases have been reported in Cameroon's neighbor to the south, Equatorial Guinea, this year. Charlotte Faty Ndiaye, the resident representative of the World Health Organization (WHO) in Cameroon, said all children under the age of five in Chad, Gabon, Congo Brazzaville and the Central African Republic should...
(Ventures-Africa 10/22/14)
VENTURES AFRICA – The International Monetary Fund (IMF) has warned African countries that rushing to issue Eurobonds could raise debt levels and undermine growth as they may face exchange rate risks and problems repaying debts. Several African countries, especially those once burdened with debts, have issued Eurobonds to raise money for capital projects. Reuters News Agency quotes the director of IMF’s African Department, Antoinette Sayeh, as saying, in an interview on Monday, that such Eurobonds come with risks. “Whereas what...
(Bloomberg 10/21/14)
Ebola’s economic effects in Africa are proving hard to quarantine even in the 49 of 54 countries that are untouched by the virus. Corporate events are being canceled, international investors are declining to visit and multinationals are on high alert. The International Monetary Fund yesterday cut its forecast for economic growth in sub-Saharan Africa this year to 5 percent from 5.5 percent, due in part to “economic spillovers starting to materialize” from the outbreak. The ripple effects present a fresh...
(Ventures-Africa 10/20/14)
VENTURES AFRICA – The race to build hotels in Africa has never been bigger than it is today. Global hotel chain Marriot International’s recent announcement of a $1.5 billion Africa expansion plan stirred the market and a recent hotel conference on Africa. The capital investment will be used to build nine hotels, amounting to a 1,300 additional rooms, by 2015 and 30 additional hotels by 2020, adding another 5,550 rooms to the continent’s hotel room count. Marriot International’s construction plan...
(Cnbc Africa 10/17/14)
Africa’s vast amounts unexplored resources make it every investors dream, however, the continents real success lies in advancing women. Earlier this month the world celebrated The United Nations’ International Day of Rural Women, a day that recognises the vital role rural women play in improving agriculture and rural development. “When we give rural women access to productive agricultural and natural resources, we empower them. They, in turn, can contribute more to alleviating hunger and boosting the ability of their communities...
(Ventures-Africa 10/15/14)
VENTURES AFRICA – The Executive Secretary of the United Nation’s Economic Commission for Africa, Carlos Lopes has called on the international financial community to provide Africa with more investments than aid, as it is obvious that the latter cannot help the emerging continent achieve its desired growth and development. Carlos was, on Monday, speaking at the opening of the Ninth African Development Forum holding in Marrakech, Morocco themed “Innovative financing for Africa’s transformation” with the aim of deriving measures to...
(Ventures-Africa 10/14/14)
VENTURES AFRICA – Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released last week, by IHS, a global source of critical information and insight. Africa’s rapid expansion of areas for rice production will be the fastest globally, in percentage terms. “Cote d’Ivoire intends on spending $4 billion on agriculture development in order to improve crop yields and, in four years,...
(Voice of America 10/13/14)
Nigeria's President Goodluck Jonathan has welcomed the support provided by regional leaders in his country's efforts to combat the Islamist militant group Boko Haram, according to presidential spokesman Reuben Abati. His comments came following a meeting with an envoy of Gabon’s President Ali Bongo Ondimba in the capital, Abuja. In a message delivered by the envoy, Gabon’s leader pledged his government’s support as well as that of the countries in the Central African region to Nigeria in the fight against...
(Ventures-Africa 10/13/14)
VENTURES AFRICA – Compared to other regions of the world, sub-Saharan Africa has the highest number of female entrepreneurs. These women are mostly owners of small businesses and local community shops serving the unmet needs of their homes and consumers. This not only reshapes the incorrect perception that African women have marginal input in overall economic output, but a socio-economic conscious business environment that includes full support of women entrepreneurs could potentially bring millions out of poverty and reduce an...
(Ventures-Africa 10/10/14)
VENTURES AFRICA – Lusaka Stock Exchange listed power distribution company, Copperbelt Energy Corporation (CEC) is to invest over $18 million in upgrading its network in a bid to boost Zambia and DR Congo energy sector. “CEC owns the inter-connection between Zambia and DRC. We are building a duo circuit transmission line which will see the capacity of our inter-connector extended from 250 megawatts to 550 megawatts,” said CEC managing director Owen Silavwe. CEC operates and maintain a network comprising transmission, distribution and generation assets. The assets comprise an emergency power generation capacity of 80MW, transmission and distribution network of around 1,000 km of overhead power lines
(The Africa Report 10/09/14)
Chad expects to double oil production by the end of 2015 as new fields come on stream and has appointed firms to inventory potential mineral deposits in an effort to diversify the economy, its finance minister said. The former French colony, one of the poorest nations in the world, has been rocked by humanitarian crises over the past decade including conflicts in the east and south, drought in the arid Sahel region and flooding. That has been compounded since 2012...
(Voice of America 09/19/14)
ADDIS ABABA— African children are facing disproportionately high levels of violence, according to a new report by the African Child Policy Forum. The study calls for more coordinated action to prevent violence against children. The new report, released Thursday, said African children are subjected to extremely high levels of emotional, physical and sexual abuse, and current laws and policies have not been able to tackle this issue. African Child Policy Forum Executive Director Theophane Nikyema said a coordinated response is needed. “There has not been much focus on the prevention side when it comes to child protection
(Voice of America 09/10/14)
NAIROBI— A new report by the Alliance for a Green Revolution in Africa (AGRA) says that while farmers in many parts of the world regularly harvest up to five tons of maize per hectare, those in Africa harvest just one ton on average. Outdated farming practices combined with inherently low soil fertility has been blamed for the low yields. Many countries in Africa often face food shortages, as farmers struggle to grow enough produce for the entire population. A new...
(Voice of America 09/02/14)
Africa’s mineral, timber and oil wealth has been highly sought – and fought over – for years, mainly by Western nations. Today, though, Africa has become a strong trading partner for China, which surpassed the United States in 2009 and whose bilateral trade reached $210 billion in 2013. In February, China’s President Xi Jinping hosted Senegal's President Macky Sall and told him this fast-growing trade relationship with Africa "stands witness to the endlessly renewed vitality of Sino-African friendship, to the...
(Voice of America 08/29/14)
NAIROBI— African Islamists may be emboldened by the Islamic State's gains in the Middle East, and local security services need to cooperate to counter the continent's militants, African intelligence officials heard on Thursday. African Islamist rebels like Nigeria's Boko Haram have not made as dramatic an advance as Islamic State, which controls a swath of Syria and Iraq. They have launched attacks across Africa, though, from Niger, Mali and Nigeria in the west to Somalia and Kenya in the east...
(BBC News Africa 08/29/14)
The Confederation of African Football has declared there will be no further changes to September's Africa Cup of Nations qualifiers despite some relocation requests over Ebola fears. It stated on its website: "Sierra Leone, Guinea and Liberia remain the only countries required to relocate their fixtures to neutral territories as a result of the situation of the Ebola virus." Cameroon had become the latest team to express fears over the outbreaks and asked for their qualifier in DR Congo to...
(Voice of America 08/26/14)
NEW YORK— Over the last two decades, New York City has seen a surge in immigration from Africa. But until recently, newcomers from Sierra Leone, the Ivory Coast, Liberia, Guinea, Ghana other West African nations mostly kept to their own communities. Today, these diverse cultures are coming together to celebrate their common roots, and to demand recognition as a force within the "Big Apple." Between the traditional drums, the vivid multicolored native dress, the many tribal dialects and the sheer...
(BBC News Africa 08/19/14)
Africa's elephants have reached a tipping point: more are being killed each year than are being born, a study suggests. Researchers believe that since 2010 an average of nearly 35,000 elephants have been killed annually on the continent. They warn that if the rate of poaching continues, the animals could be wiped out in 100 years. The work is published in the Proceedings of the National Academy of Sciences. Lead author George Wittemyer, from Colorado State University, said: "We are...

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