Wednesday 20 September 2017

Toute l'afrique

(Reuters (Eng) 09/20/17)
The president of the Central African Republic, Faustin-Archange Touadera, on Tuesday pleaded with the world to not forget his country and urged the U.N. to bolster its peace-keeping force amid growing violence that threatens to spin the country out of control. Thousands have died and a fifth of Central Africans have fled a conflict that broke out after mainly Muslim Seleka rebels ousted President Francois Bozize in 2013, provoking a backlash from Christian anti-balaka (anti-machete) militias. Although unrest has since subsided, fighting has spiked this year and the United Nations warned this month that ethnic fighting could descend again into a much larger conflict if combatants are not disarmed. “Central Africa is at a critical...
(Reuters (Eng) 09/20/17)
Police sealed off roads near Kenya’s Supreme Court on Wednesday as judges prepared to deliver a detailed ruling laying out their reasons for annulling last month’s presidential election. Voters are anxious to find out whether the vote was voided on procedural grounds -- the court has already said in its brief Sept. 1 ruling that some tallying sheets were not signed or officially stamped -- or whether there was evidence of systematic rigging. Election board officials had said incumbent President Uhuru Kenyatta won by 1.5 million votes, but that was rejected by opposition leader Raila Odinga, who says the 2017 election -- and the previous two -- were stolen from him. The court ordered a fresh vote to be held...
(AFP (eng) 09/20/17)
Nigeria was warned on Tuesday that clashes between herders and farmers threatened the country's national security, after such conflict claimed more lives last year than the Boko Haram insurgency. The International Crisis Group said some 2,500 people were killed in 2016 and tens of thousands forced from their homes, as unrest spread southwards from central and northern states. "These clashes are becoming as potentially dangerous as the Boko Haram insurgency in the northeast," it said in "Herders Against Farmers: Nigeria's...
(Reuters (Eng) 09/20/17)
Nigeria’s air force on Tuesday said it was deploying aircraft to the southeast of the country where unrest related to a campaign for secession has escalated in an area formerly known as Biafra. The military presence in the southeast has increased in the last few weeks as part of an operation that the military said was part of efforts to crack down on crime, kidnapping and secessionist agitation. The air force deployment marks a further escalation of the operation, which...
(AFP (eng) 09/19/17)
Rwandan President Paul Kagame has met with his French counterpart Emmanuel Macron in New York for rare talks, Kigali said Tuesday, as diplomatic ties remain icy over the 1994 genocide. Kigali has long accused France of complicity in the genocide of some 800,000 mostly ethnic Tutsis, at the hands of Hutu extremists, angering Paris and straining relations. The Rwandan presidency said in a statement on Twitter that Kagame and Macron on Monday discussed "collaboration on issues of mutual interest including...
(AFP (eng) 09/19/17)
Eighteen people drowned in boat accidents in Nigeria last weekend, the emergency services said Tuesday, nearly a week after more than 50 died when an overloaded craft capsized. Twelve people lost their lives on Saturday when their boat capsized during heavy rainfall on the River Kaduna, in the Shiroro district of central Niger state. The head of the Niger state emergency management agency, Ahmed Ibrahim Inga, said the passengers were heading to a local market in Kwata-Zuma village at the time. "So far, 12 bodies have been removed from the river...
(Bloomberg 09/19/17)
A United Nations commission urged the International Criminal Court to investigate possible crimes against humanity committed in Burundi, saying it had compiled a list of alleged perpetrators of violence during the country’s two-year crisis. The UN Commission of Inquiry on Burundi has reasonable grounds to believe “serious human-rights violations and abuses” have been committed in the East African country since April 2015, its chairman, Fatsah Ouguergouz, said Tuesday in Geneva. The abuses included torture, extrajudicial executions, enforced disappearances and rape, with most victims being opponents of President Pierre Nkurunziza’s government, he said. The commission has drawn
(AFP (eng) 09/19/17)
An outbreak of fighting between government and rebel forces in South Sudan's oil-producing north left at least 25 people dead, a state official said Tuesday. The clash between rebels loyal to exiled former deputy president Riek Machar and government forces occurred early Monday in Nhialdiu, a village close to the town of Bentiu which has changed hands repeatedly since civil war began nearly four years ago. "The number of the bodies that were found on the ground were 25," said...
(AFP (eng) 09/19/17)
Sudanese President Omar al-Bashir on Tuesday urged those displaced by the conflict in Darfur to return home, saying the region had now recovered from a war that has killed tens of thousands. More than 2.5 million people have fled their homes since 2003, when a conflict erupted in Darfur after ethnic minority rebels took up arms against Bashir's Arab-dominated government, accusing it of marginalising the region economically and politically. Most of the displaced live in camps, after escaping fighting between...
(Reuters (Eng) 09/19/17)
Zimbabwe opposition leader Morgan Tsvangirai is “out of danger” in hospital in South Africa after being airlifted from Harare at the weekend following the sudden onset of severe vomiting, a party source said on Tuesday. Tsvangirai, who is due to challenge President Robert Mugabe in elections next year, was recovering well but had been told by doctors to avoid stress and strain until at least the weekend, the source said. The 65-year-old’s symptoms came on suddenly at a meeting of his opposition coalition, the Movement for Democratic Change (MDC), on Thursday evening in Kadoma, a city around 160 km (100 miles) southwest of the Zimbabwe capital.
(Bloomberg 09/19/17)
Nigerian Senate President Bukola Saraki said lawmakers will investigate the crisis that erupted in the country’s southeast following clashes between troops and supporters of a group campaigning for an independent state of Biafra. The legislature “intends to embark on a fact-finding investigation aimed at determining what actually happened during the period of the military exercise in the southeast,” Saraki said in a statement on Twitter on Monday. “We want to be able to sift the facts from the fiction and...
(APA 09/19/17)
Botswana, Namibia and Mauritius have missed out on the list of top 10 best investment destinations in Africa in 2018 but are seen as “investment grade” economies, according to a new report by South African-based Rand Merchant Bank. The report, titled “Where to Invest in Africa 2018”, showed that Egypt has now replaced South Africa as the best investment destination on the continent. South Africa lost its traditional spot at the top of the investment rankings. South Africa has ranked...
(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...
(AFP (eng) 09/19/17)
Togo's ruling presidential party on Monday urged supporters to take to the streets to coincide with planned opposition demonstrations against the slow pace of political reform. Georges Kwawu Aidam, the first vice-president of the Union for the Republic (UNIR) told AFP there would be marches on Wednesday and Thursday in support of a controversial constitutional reform bill which the opposition see as not going far enough. A parliamentary panel last Friday approved the bill to revamp the constitution and introduce...
(APA 09/19/17)
African Development Bank’s (AfDB) funding in Burkina Faso reaches 1023 billion FCFA, the bank said on Tuesday ahead of its president’s three-day visit to the West African country. AfDB president, Dr Akinwumi Adesina, is expected in Ouagadougou on 27 September 2017, according to the Office of the Prime Minister. The bank’s funding in Burkina Faso goes to road building and accessibility (26 percent), public finance and governance (22 percent), agriculture (21 percent), social (13 percent), energy (10 percent), water and...
(AFP (eng) 09/19/17)
Pummelled by political unrest and jihadist attacks, Egypt's tourism industry is slowly growing again, but too slowly for thousands of bazaar workers who fondly recall when tourists thronged their stores. Abu Aya owns a souvenir shop in the southern city of Luxor which is home to ancient pharaonic monuments, and he fondly remembers the days when the front pocket of his traditional Arabic robe sagged with cash. "Before 2011 it was filled with dollars and euros. Today the sellers just...
(AFP (eng) 09/19/17)
Tunisia's electoral commission on Monday indefinitely postponed the first municipal elections since a 2011 uprising that toppled long-time dictator Zine El Abidine Ben Ali, in a blow to the fledgling democracy. The commission announced the postponement after a meeting between party heads and representatives of Prime Minister Youssef Chahed, President Beji Caid. "The majority of participants in the meeting were in favour of postponing the municipal elections," said interim commission head Anouar Ben Hassen. The parties would meet again within 10 days in another bid to set a date, he said.
(AFP (eng) 09/19/17)
The electronic voting system due to be used in a re-run of Kenya's presidential poll will not be ready in time, the French biometrics firm behind it said Monday. OT-Morpho provided Kenya's Independent Electoral and Boundaries Commission (IEBC) with equipment to identify voters biometrically in the August 8 election. The result of the vote was annulled by the Supreme Court, and a re-run has been scheduled for October 17, when the system is to be deployed again. But in a...
(Xinhuanet 09/19/17)
Tunisian President Beji Caid Essebsi received Libya's self-proclaimed National Army chief, General Khalifa Haftar, here on Monday to discuss settlement of the Libyan conflict. Libya's U.N.-backed Government of National Accord operates in the country's west and is headquartered in Tripoli, struggling for more extensive influence across Libya. The rival government, backed by Haftar's self-proclaimed Libyan National Army, is based in the city of Tobruk. The Libya's National Army controls most of the country's east and south and desires for international...
(Xinhuanet 09/19/17)
Tourist arrivals in Morocco saw a year-on-year increase of 8 percent in July, the Moroccan Ministry of Tourism said on Monday. Between January and July, over 6.5 million tourists visited the North African kingdom, the ministry indicated in a statement. Tourists from Germany were up by 11 percent, followed by Netherlands with an increase of 7 percent, and Spain and Italy of 6 percent, it reported. The country also witnessed a continuous surge in the emerging tourist markets, with Chinese...

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(Reuters (Eng) 09/20/17)
The president of the Central African Republic, Faustin-Archange Touadera, on Tuesday pleaded with the world to not forget his country and urged the U.N. to bolster its peace-keeping force amid growing violence that threatens to spin the country out of control. Thousands have died and a fifth of Central Africans have fled a conflict that broke out after mainly Muslim Seleka rebels ousted President Francois Bozize in 2013, provoking a backlash from Christian anti-balaka (anti-machete) militias. Although unrest has since subsided, fighting has spiked this year and the United Nations warned this month that ethnic fighting could descend again into a much larger conflict if combatants are not disarmed. “Central Africa is at a critical...
(Reuters (Eng) 09/20/17)
Police sealed off roads near Kenya’s Supreme Court on Wednesday as judges prepared to deliver a detailed ruling laying out their reasons for annulling last month’s presidential election. Voters are anxious to find out whether the vote was voided on procedural grounds -- the court has already said in its brief Sept. 1 ruling that some tallying sheets were not signed or officially stamped -- or whether there was evidence of systematic rigging. Election board officials had said incumbent President Uhuru Kenyatta won by 1.5 million votes, but that was rejected by opposition leader Raila Odinga, who says the 2017 election -- and the previous two -- were stolen from him. The court ordered a fresh vote to be held...
(AFP (eng) 09/20/17)
Nigeria was warned on Tuesday that clashes between herders and farmers threatened the country's national security, after such conflict claimed more lives last year than the Boko Haram insurgency. The International Crisis Group said some 2,500 people were killed in 2016 and tens of thousands forced from their homes, as unrest spread southwards from central and northern states. "These clashes are becoming as potentially dangerous as the Boko Haram insurgency in the northeast," it said in "Herders Against Farmers: Nigeria's...
(Reuters (Eng) 09/20/17)
Nigeria’s air force on Tuesday said it was deploying aircraft to the southeast of the country where unrest related to a campaign for secession has escalated in an area formerly known as Biafra. The military presence in the southeast has increased in the last few weeks as part of an operation that the military said was part of efforts to crack down on crime, kidnapping and secessionist agitation. The air force deployment marks a further escalation of the operation, which...
(AFP (eng) 09/19/17)
Eighteen people drowned in boat accidents in Nigeria last weekend, the emergency services said Tuesday, nearly a week after more than 50 died when an overloaded craft capsized. Twelve people lost their lives on Saturday when their boat capsized during heavy rainfall on the River Kaduna, in the Shiroro district of central Niger state. The head of the Niger state emergency management agency, Ahmed Ibrahim Inga, said the passengers were heading to a local market in Kwata-Zuma village at the time. "So far, 12 bodies have been removed from the river...
(Bloomberg 09/19/17)
A United Nations commission urged the International Criminal Court to investigate possible crimes against humanity committed in Burundi, saying it had compiled a list of alleged perpetrators of violence during the country’s two-year crisis. The UN Commission of Inquiry on Burundi has reasonable grounds to believe “serious human-rights violations and abuses” have been committed in the East African country since April 2015, its chairman, Fatsah Ouguergouz, said Tuesday in Geneva. The abuses included torture, extrajudicial executions, enforced disappearances and rape, with most victims being opponents of President Pierre Nkurunziza’s government, he said. The commission has drawn
(Reuters (Eng) 09/19/17)
Zimbabwe opposition leader Morgan Tsvangirai is “out of danger” in hospital in South Africa after being airlifted from Harare at the weekend following the sudden onset of severe vomiting, a party source said on Tuesday. Tsvangirai, who is due to challenge President Robert Mugabe in elections next year, was recovering well but had been told by doctors to avoid stress and strain until at least the weekend, the source said. The 65-year-old’s symptoms came on suddenly at a meeting of his opposition coalition, the Movement for Democratic Change (MDC), on Thursday evening in Kadoma, a city around 160 km (100 miles) southwest of the Zimbabwe capital.
(Reuters (Eng) 09/19/17)
South Africa’s Supreme Court of Appeal (SCA) will hear the state’s appeal against the six-year murder sentence handed to Paralympic gold medallist Oscar Pistorius on Nov. 3, the National Prosecuting Authority (NPA) said on Tuesday. The state will argue that six years in jail is too lenient a sentence for the murder by Pistorius of Reeva Steenkamp, his girlfriend, in 2013. “The state, in the papers, we stipulate clearly that the sentence imposed is shockingly low,” said NPA spokesman Luvuyo...
(Reuters (Eng) 09/19/17)
Migrants rescued in the Mediterranean last week said they had been lucky to dodge increased sea and police patrols along the Western coast of Libya that have dramatically reduced arrivals in Italy since July. Last month, Reuters reported that an armed group was stopping departures from the city of Sabratha, which had been the main springboard for smuggling for the past two years, although some boats are still getting through. On Thursday, the Aquarius rescue ship, run by humanitarian groups...
(Xinhuanet 09/19/17)
Located a stone throw away from South Sudan's Juba airport is the China Friendship Hospital, one of the remaining three medical complexes in operation after the renewed clash last July. Many South Sudanese have chosen to visit the private hospital manned by Chinese medical experts, South Sudanese and some experienced doctors from the East African region for both non-communicable diseases and complex medical cases. According to Ma Ning, the director of the hospital, they handle mostly typhoid and malaria cases,...
(AFP (eng) 09/18/17)
Fourteen people were killed when a truck ploughed into a bus carrying a group returning from a wedding on Uganda's deadliest road, police said Monday. "The driver of the truck lost control after a tyre burst and smashed into a bus, killing 14 people and leaving 17 others seriously injured," police spokesman Phillip Mukasa told AFP. "Of those who died, 12 have been identified as Tanzanian nationals who were returning to Tanzania after attending a wedding ceremony in Kampala." The accident took place on the notorious 130-kilometre (80-mile) Kampala-Masaka road, a gateway to Tanzania, Burundi, Rwanda and the Democratic Republic of Congo. Last year the government launched operation "Fika Salama"
(AFP (eng) 09/18/17)
At least 44 people have now died in a cholera outbreak in northeast Nigeria, the United Nations said Monday, calling for nearly $10 million to keep the disease from spreading. "To date, the outbreak has claimed at least 44 lives, out of close to 2,300 confirmed and/or suspected cases," the world body said in a statement. About $9.9 million (8.3 million euros) is needed as part of the relief effort, the UN Office for the Coordination of Humanitarian Affairs (OCHA)...
(Reuters (Eng) 09/18/17)
Fighting between the military and police backed by intelligence forces killed nine people in the Somali capital on Saturday, police said. “It seems they mistook the Somali national army for (clan) militias. The death toll is nine people including a civilian,” Major Abdullahi Hussein, a police officer, told Reuters. He said the fighting occurred because police were wrongly informed that there were armed militias in the area. “Accidents happen,” he said. Somalia has been riven by civil war since 1991,...
(AFP (eng) 09/18/17)
A Nigerian lawyer who helped secure the release of more than 100 schoolgirls kidnapped by Boko Haram was on Monday awarded one of the United Nations' top prizes. The UNHCR said Zannah Mustapha was given the annual Nansen award for his "crucial mediating" role as well as his work helping children affected by the long-running conflict. Last year's recipients of the award were more than 2,000 volunteers who saved the lives of thousands of migrants trying to cross the Mediterranean to Europe. Mustapha, who is in his late-50s, said the award was unexpected but he was "exceedingly happy" to have been chosen.
(AFP (eng) 09/18/17)
A court in Equatorial Guinea has handed down two death sentences for the murder of a teacher, state television reported Sunday, despite a moratorium on capital punishment in the country. "Two of the three accused and judged for killing a teacher and burying him in a forest have been given death sentences. The third received a 30-year prison term," the report said after the verdict, issued Saturday in Micomiseng, in the country's northeast. Equatorial Guinea, with a population of just...
(Reuters (Eng) 09/18/17)
Clashes along the border of Ethiopia’s Oromiya and Somali regions have displaced around 50,000 people, a senior regional official said on Sunday, in violence that has prompted the government to send the military in. Spokesmen from the two regions told regional news outlets earlier this week that at least 50 people were killed. Each side blames the other. Lema Megersa, president of Oromiya province, told local journalists on Sunday: “It is not just deaths that occurred. More than 50,000 people...
(Xinhuanet 09/18/17)
The rising levels of crime involving armed robbery, house break in and petty theft in South Sudan's capital Juba and along major highways is driven by high levels of poverty and laxity within the law enforcement agencies, experts said on Sunday. Since the renewed clashes in Juba last year, there has been increasing levels of crime hugely driven by worsening economic crisis amid hyper inflation, leaving most civil servants, law enforcement agencies without salaries for the past four months. Edmund Yakani, the executive director of the Community Empowerment for Progress Organization (CEPO) which has been monitoring crime, blamed the worsening economic situation which has led to high prices of food and social
(Reuters (Eng) 09/18/17)
Hundreds of Tunisians protested on Saturday in the streets of the capital against a widely contested new law that grants officials from the former regime involved in corruption amnesty from prosecution. Tunisia’s parliament on Wednesday approved a law protecting officials accused of graft during the rule of autocrat Zine El-Abidine Ben Ali, triggering angry protests by the opposition and activists. Waving flags and banners saying “No to forgiveness”, “Resisting against mafia rule”, around 1,500 people marched through the capital’s central...
(Reuters (Eng) 09/18/17)
At least 30 Burundian refugees have been killed in clashes with Congolese security forces over plans to send some of them home, a Reuters witness and local activists said on Saturday. Police and soldiers opened fire as the refugees protested over the plan in the town of Kamanyola in eastern Democratic Republic of Congo on Friday, the activists told Reuters. Congo’s government spokesman Lambert Mende denied that those killed were refugees, saying that the clashes broke out when assailants from an unidentified armed group attacked an office belonging to the national intelligence agency.
(AFP (eng) 09/18/17)
Libya's coastguard has rescued over 3,000 migrants aiming to cross the Mediterranean to Europe in the past week, while Italy picked up another 2,000 in recent days, official and reports said Sunday. Though the numbers attempting the dangerous journey have dropped off significantly in recent months, these new rescues indicate the route is still very much open. The tally was the highest reported out of Libya for a one-week period since mid-July saw a dramatic fall in the number of...

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(APA 09/19/17)
Botswana, Namibia and Mauritius have missed out on the list of top 10 best investment destinations in Africa in 2018 but are seen as “investment grade” economies, according to a new report by South African-based Rand Merchant Bank. The report, titled “Where to Invest in Africa 2018”, showed that Egypt has now replaced South Africa as the best investment destination on the continent. South Africa lost its traditional spot at the top of the investment rankings. South Africa has ranked in the number one position for the past six years. Surprisingly one of the biggest economies in Africa, Nigeria did not make it in the top 10 and was relegated to 13th spot. Although Namibia,...
(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 countries is an opportunity to exchange views on the investment opportunities in Sudan. The Sudanese delegation, led by Sudan's State Minister of Investment Osama Faisal, is visiting several European countries, including Belgium and Germany, to publicize Sudan's investment opportunities. According...
(APA 09/19/17)
African Development Bank’s (AfDB) funding in Burkina Faso reaches 1023 billion FCFA, the bank said on Tuesday ahead of its president’s three-day visit to the West African country. AfDB president, Dr Akinwumi Adesina, is expected in Ouagadougou on 27 September 2017, according to the Office of the Prime Minister. The bank’s funding in Burkina Faso goes to road building and accessibility (26 percent), public finance and governance (22 percent), agriculture (21 percent), social (13 percent), energy (10 percent), water and...
(AFP (eng) 09/19/17)
Pummelled by political unrest and jihadist attacks, Egypt's tourism industry is slowly growing again, but too slowly for thousands of bazaar workers who fondly recall when tourists thronged their stores. Abu Aya owns a souvenir shop in the southern city of Luxor which is home to ancient pharaonic monuments, and he fondly remembers the days when the front pocket of his traditional Arabic robe sagged with cash. "Before 2011 it was filled with dollars and euros. Today the sellers just...
(Xinhuanet 09/19/17)
Tourist arrivals in Morocco saw a year-on-year increase of 8 percent in July, the Moroccan Ministry of Tourism said on Monday. Between January and July, over 6.5 million tourists visited the North African kingdom, the ministry indicated in a statement. Tourists from Germany were up by 11 percent, followed by Netherlands with an increase of 7 percent, and Spain and Italy of 6 percent, it reported. The country also witnessed a continuous surge in the emerging tourist markets, with Chinese...
(Bloomberg 09/18/17)
Egyptian Central Bank Governor Tarek Amer said inflation in the most populous Arab country has peaked after policy makers responded to the surge in prices by raising borrowing costs to the highest level in more than a decade. “We are in the right direction and we are moving very fast,” Amer said in an interview with Bloomberg TV in Dubai on Monday. “We’ve been aggressive in our monetary policy, and this has been resisted a bit. But we thought it’s...
(Bloomberg 09/18/17)
Egypt’s cabinet is expected to approve a plan to sell 1.5 billion in euro-denominated bonds in two to three weeks, the finance minister said, as the government seeks cheaper finance abroad to plug its budget gap. The Finance Ministry has started initial discussions with some European investment banks, Amr El-Garhy said in an interview in Bahrain late on Saturday. The notes, which will be Egypt’s first in euros, will likely have tenors of five to 10 years, he said. The...
(Bloomberg 09/18/17)
Tanzanian President John Magufuli’s deepening dispute with companies he accuses of being tax cheats is rattling investors and dimming the allure of one of Africa’s fastest-growing economies. Since taking office in late 2015, Magufuli has been on a drive to increase revenue from natural resources to help fund his industrialization plans. His administration has passed laws enabling it to renegotiate contracts and ordered foreign mining firms to sell stakes on the local stock exchange to increase transparency. The authorities have...
(Xinhuanet 09/18/17)
Algerian Prime Minister Ahmed Ouyahia on Sunday admitted that the North African nation is facing a difficult financial situation, saying the government will resort to non-traditional financing resources to overcome this crisis. While presenting the outlines of the government's Plan of Action to the members of the lower house of the Parliament, Ouyahia said non-traditional funding would enable Algeria to come out of the financial crisis within five years. Ouyahia noted that due to the oil prices plunging in the...
(Bloomberg 09/18/17)
Pravin Gordhan, who was ousted from his post as South Africa’s finance minister in March, slammed KPMG LLP after it withdrew a report on the country’s tax agency that was used as evidence in a police probe against him and led to the removal of senior staff. The auditing firm said on Friday that its conclusions and recommendations in a report for the South African Revenue Service about a unit that allegedly spied on politicians should no longer be relied...
(Xinhuanet 09/18/17)
China Development Bank (CDB), the largest Chinese bank for foreign investment and financing cooperation, on Sunday signed two deals to provide loans to Egypt's two major financial institutions SAIBANK and Banque Misr. The deals were signed at a ceremony at Banque Misr headquarters in Cairo, which was attended by Chinese Ambassador to Egypt Song Aiguo and representatives from the Central Bank of Egypt. The first deal included two loan agreements, under which the CDB will provide SAIBANK with a loan...
(Xinhuanet 09/16/17)
Zambian President Edgar Lungu on Friday opened the second session of the 12th National Assembly with a pledge that his government has resolved to reduce poverty to 20 percent from the current high levels. The Zambian leader said it was unfortunate that poverty levels have remained unacceptably high at 54.4 percent despite rapid economic development over the years. He said poverty in the country was mainly a rural phenomenon, almost three times high compared to the level in urban areas...
(Bloomberg 09/15/17)
Egyptian policy makers are weighing plans to raise 1.5 billion euros from the country’s first sale of euro-denominated bonds, Finance Minister Amr El-Garhy said. The possible sale would happen before the end of November, El-Garhy told Bloomberg News in the Egyptian Red Sea resort town of Sharm El-Sheikh on Thursday. He didn’t give more details. With local borrowing costs above 15 percent, Egypt is increasingly looking at international debt markets to capitalize on growing investor confidence after it floated its currency and cut costly energy subsidies. The steps helped seal a three-year $12 billion loan program from the International Monetary Fund in November.
(Xinhuanet 09/15/17)
Government ministries have been instructed to come up with strategies to resuscitate ailing state enterprises and parastatals (SEPs) under their purview and to recommend the dissolution of those that are inefficient, a senior government official has said. Chief Secretary to the President and Cabinet Misheck Sibanda told an engagement workshop between the public and private sectors on the Public Entities Corporate Governance Bill on Thursday that Cabinet had directed him to ensure that SEPs were restructured and operated viably, the...
(Bloomberg 09/15/17)
On Monday, Kenya’s central bank may have little choice but to do what the rest of the country is stuck with: waiting for a rerun of its presidential election. With political limbo reigning since the Supreme Court’s annulment of the previous attempt at a national vote on Aug. 8, officials are left contemplating the effects of prolonged uncertainty on an economy that also faces slowing growth and persistent inflation. Economists say that quandary will force them to opt for no change in the benchmark interest rate at 10 percent, where it’s been for a year. The Central Bank of Kenya’s options are hamstrung by the “reemergence of political risk,”
(AFP (eng) 09/15/17)
Charmed is the tourist who visits Namibia. And like more and more foreigners, Anouk Den Otter took the plunge and travelled to the southern African country to marvel at its legendary natural beauty. In the middle of the southern hemisphere's winter, Den Otter and her new husband defied the cold to canoe through a seal reserve to celebrate their honeymoon. "It's really nice so far," said the 29-year-old Dutch woman as she clambered out of their boat on a beach...
(Bloomberg 09/15/17)
Kenyan lenders risk needing to raise expensive debt on local markets next year to shore up their core capital levels, which may be eroded by new accounting standards the country is introducing that compel banks to classify losses differently. That’ll be a double whammy for an industry already reeling from the effects of interest-rate caps introduced a year ago, accelerating a decline in banks’ return on earnings to 24.7 percent by the end of last year, down from as much...
(Bloomberg 09/13/17)
Cameroon is taking steps to encourage farmers to grow better quality cocoa after a deterioration in last year’s crop resulted in lower prices for the country’s beans. About 90 percent of Cameroon’s cocoa exports in the season through July were classed as Grade 2, the second of three quality ratings for beans, according to Trade Minister Luc Magloire Atangana Mbarga. That compared with 97 percent previously and meant that Cameroonian cocoa was about 200 CFA Francs ($0.37) per kilogram cheaper than international prices for the chocolate ingredient, he said. Cameroon, the world’s fifth-largest cocoa producer, has distributed 1,800 new, modern dryers to farmers to help reduce the smoky smell and high moisture content that meant...
(Reuters (Eng) 09/13/17)
Portugal, Spain, Greece and Italy broke European Union law by authorizing vessels to fish in the territorial waters off Gambia and Equatorial Guinea, according to the findings of conservation group Oceana published on Tuesday. Fishing vessels from Europe and Asia are drawn to West Africa, particularly for high-value tuna. Many ships operate legally but West African states are vulnerable to illegal fishing because of corruption and a lack of maritime policing capacity. Using data from their onboard tracking devices, Oceana...
(Bloomberg 09/13/17)
Uganda should fairly compensate landowners affected by a pipeline that will transport oil to an Indian Ocean port after accusations that some people reimbursed for earlier public projects were left worse-off, Oxfam International said. The London-based charity said it’s concerned that “community participation, livelihoods and land rights could be overlooked in a quest to meet the schedule for land acquisition” for the 1,445-kilometer (898-mile) conduit that will link Uganda’s western oilfields with Tanga in Tanzania. Total SA, China’s Cnooc Ltd...

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(Reuters (Eng) 09/09/17)
Papa Massata Diack has described accusations he was part of a large corruption racket involved in determining the location of the Olympic games as the biggest lie in the history of world sport. France’s financial prosecutor said this week that investigations had revealed a corruption scheme centered on Diack, the son of the former head of the International Association of Athletics Federations (IAAF), Lamine Diack. The prosecutor said there were indications that payments were made in return for the votes of IAAF and International Olympic
(AFP (eng) 06/29/17)
Authorities in Tunisia on Wednesday announced they have frozen the assets of football club magnate and former presidential hopeful Slim Riahi on suspicions of money laundering. An investigating judge imposed the restriction on all of Riahi's shares on the stock market, bank accounts and property, said prosecution spokesman Sofiene Sliti. The announcement comes after the government launched what Prime Minister Youssef Chahed has called a "war" on graft from which he said nobody involved in corruption would emerge unscathed. Corruption was widespread in Tunisia under longtime president Zine El Abidine Ben Ali, who was ousted in the 2011 uprising that spawned the Arab Spring, but it remains endemic. Riahi was quick to respond to Wednesday's allegations, telling the private Nessma...
(AFP (eng) 06/18/17)
Ivory Coast international Cheick Tiote, whose sudden death in China at just 30 years old shocked his country, was laid to rest Sunday as he was hailed a "worthy son" of the African nation. Tiote, a 52-time capped player who featured at the 2010 and 2014 World Cups, was honoured with a military funeral at the Williamsville cemetery in Abidjan where hundreds of people gathered to mourn. "Ivory Coast has lost a worthy son who served so bravely, who fought...
(AFP (eng) 06/14/17)
The agent of the late Ivory Coast midfielder Cheick Tiote on Wednesday called for the media to cease making unsubstantiated claims about the reasons for his death. The 52-time capped star -- a member of the Ivory Coast squad that ended a 23-year drought in winning the 2015 Africa Cup of Nations -- died after fainting during training with second division side Beijing Enterprises on June 5. He was 30 years of age. His death shocked the football world, reverberating...
(AFP (eng) 06/06/17)
Ivory Coast international midfielder Cheick Tiote has died aged 30 while training with his Chinese club Beijing Enterprises, his spokesman announced in a statement on Monday. Tiote, who was part of the Ivory Coast squad that delivered the 2015 Africa Cup of Nations after a 23 year drought although he was injured for the final, had only moved to China in February after ending a seven year stay with English outfit Newcastle United. "It is with deep sadness that I...
(AFP (eng) 05/06/17)
South Africa's Akani Simbine surprised a world-class sprint field, including Justin Gatlin, Asafa Powell and Andre De Grasse to claim a season-opening 100m Diamond League victory on Friday. The 23-year-old powered home in a time of 9.99sec to become the first South African man to win a Diamond League 100m, and serve notice that the Blue Riband event could be more competitive than for some time with the impending international retirement of Usain Bolt. "I'm happy with my shape now,...
(AFP (eng) 05/06/17)
Reigning Olympic marathon champion Eliud Kipchoge from Kenya narrowly failed in his attempt to complete the distance under the previously insurmountable two-hour mark, finishing in a time of 2hr 00min 24sec on Saturday. The time, which smashed the world record of 2hr 02min 57sec set by Dennis Kimetto of Kenya, will not enter the record books largely because of the non-compliant system of pacemaking used in the attempt, made on the Monza National Autodrome racing circuit. For the entire attempt, Kipchoge ran behind a six-man pacesetting team which trailed a time-keeping vehicle by less than 10 metres. Despite narrowly missing the mark, Kipchoge said he believed it was possible and that he could make
(AFP (eng) 05/06/17)
Sports Minister Bidoung Mkpatt has called on Cameroon's athletes to come away with as many medals as possible at the Islamic Solidarity Games which take place in Baku from May 12-22. Mkpatt made the comments at a farewell ceremony for the team in Yaounde. The west African country is sending 62 athletes to the Azerbaijan capital and they will compete in six sports -- athletics, football, weightlifting, handball, wrestling and judo. Four years ago, Cameroon took part in the third edition of the Islamic Solidarity Games in Palembang, Indonesia in 2013, but could only come away with one bronze medal
(AFP (eng) 04/22/17)
Ethiopian track legend Kenenisa Bekele believes he is in the sort of form to break Eliud Kipchoge's fastest ever time in the London Marathon on Sunday. Should the 34-year-old -- who still holds the 5,000 and 10,000 metres world records -- manage that it would be a fitting end to a week that has seen the great race receive even more advance publicity than usual. That has been thanks to Britain's Prince Harry revealing earlier this week he had sought...
(AFP (eng) 03/25/17)
Cameroon began their reign as African champions with a 1-0 friendly victory over Tunisia in Monastir Friday thanks to a Vincent Aboubakar goal. The Turkey-based striker took advantage of his first scoring opportunity to beat Aymen Mathlouthi after 14 minutes in the Mediterranean resort. Aboubakar had several other chances, including a one-on-one with the goalkeeper, but could not add to his tally. Tunisians Taha Yassine Khenissi and Syam Ben Youssef were foiled by the woodwork during the first half. Aboubakar...
(Reuters (Eng) 03/22/17)
Frank Fredericks will stay on the IAAF Council while an ethics board reviews allegations that he accepted payments before the awarding of the 2016 Olympics to Rio, Sebastian Coe, the organization's head, said on Tuesday. Fredericks, an International Olympic Committee member, stepped down two weeks ago as head of the team evaluating bids to host the 2024 Olympics and has also removed himself from the IAAF task force looking into doping in Russia. Despite the allegations, however, he will remain a member of the IAAF council while the ethics board determines if an investigation is necessary.
(Reuters (Eng) 03/18/17)
Kenya's national Olympic committee has escaped the threat of suspension after failing to adopt a new constitution but funding will continue to be withheld until further notice, the International Olympic Committee (IOC) said on Saturday. The IOC froze financial support to Kenya nine days ago, after the country's troubled national committee (NOCK) failed to adopt a revised constitution, and said it would discuss the matter at its executive board (EB) meeting in Pyeongchang this week, leading to speculation that it...
(AFP (eng) 03/16/17)
Madagascar's football chief Ahmad Ahmad was elected president of the Confederation of African Football Thursday, ousting veteran leader Issa Hayatou after 29 years in office. Ahmad won the election in the Ethiopian capital by 34 votes to Hayatou's 20, official results showed. Delegates cheered and pumped their fists in the plenary hall after the result was announced. Ahmad, a 57-year-old father of two, had a discreet playing and coaching career before he took the reins of the Madagascar football federation...
(AFP (eng) 03/08/17)
Former sprinter Frankie Fredericks quit as head of the IOC commission monitoring candidates for the 2024 Olympics on Tuesday amid a probe into money he accepted from a sports marketing chief accused of corruption. Fredericks, 49, strongly denied any wrongdoing in accepting nearly $300,000 (283,000 euros) on the day that Rio de Janeiro was awarded the 2016 Olympics. But he said he had "personally decided that it is in the best interests of a good functioning of the International Olympic Committee candidature process that I step aside as chairperson of the 2024 Evaluation Commission
(AFP (eng) 03/07/17)
Former sprinter Frankie Fredericks said on Monday he had stepped down from an IAAF taskforce investigating Russian doping amid a corruption probe. "I have decided to step aside from the taskforce so that the integrity of its work is not questioned due to the allegations made against me in Le Monde," the 49-year-old Namibian was quoted as saying in an IAAF statement. "It is important that the taskforce's mission is seen as free and fair with no outside influence." Le...
(AFP (eng) 03/01/17)
Nigeria looks likely to back Confederation of African Football president Issa Hayatou for re-election, despite the personal preferences of the head of the country's football association. Sports minister Solomon Dalung told a meeting of the Nigerian Football Federation (NFF) executive committee they would vote in "Nigerian interest" at next month's vote. Long-time CAF boss Hayatou is seeking another term of office but NFF president Amaju Pinnick has said his preferred candidate was Madagascar's Ahmad Ahmad. Dalung indicated that by "Nigerian...
(AFP (eng) 02/26/17)
Kenya's Wilson Kipsang stormed to victory in the Tokyo Marathon on Sunday in the fastest race ever run in Japan. The former world record holder clocked 2hr 3min 58sec over a flatter course than in previous years as he added the Tokyo title to victories in London, New York and Berlin. Sarah Chepchirchir won the women's race in a personal best 2:19:47 -- the first sub-2:20 in Japan -- to complete a perfect day for Kenya. The top six men's...
(AFP (eng) 02/23/17)
Madagascar's football boss Ahmad who is challenging the long-serving Issa Hayatou for the CAF presidency in March, wants less political interference in the African game. First elected in 1988, Cameroonian Hayatou, 70, is seeking an eighth consecutive term as head of the body that governs African football. "If people want change there is no other choice. Only I can dare (to challenge Hayatou)," Ahmad told AFP during an interview at the Madagascar Football Federation offices in Antananarivo. The mononymous Ahmad, whose single name means "the glorious" in Arabic, wants to break with Hayatou long reign, which critics
(AFP (eng) 02/20/17)
An Egyptian court upheld Monday death sentences against 10 people convicted over rioting that claimed 74 lives at a stadium in Port Said in 2012, judicial and security officials said. The ruling by the Court of Cassation, which is final, excluded an 11th defendant who remains at large after his death penalty was also confirmed in June 2015 by another court. The court also upheld sentences of life imprisonment for 10 people and five years for 12 others, including Port...
(Reuters (Eng) 02/18/17)
Seven suspected Boko Haram militants blew themselves on the outskirts of a northeast Nigerian city on Friday, a local aid agency said, in an attack witnesses said targeted refugees preparing to return to their home villages. The bombing took place outside Maiduguri, the population center at the heart of a government campaign to eradicate the Islamist group, whose more than seven-year insurgency has killed 15,000 people and forced some two million from their homes. The Borno State Emergency Management Agency said eight members of a local militia, the civilian Joint Task Force, were wounded in the attack, which underscored Boko Haram's ability to continue to operate despite the government's insistence

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(AFP (eng) 05/26/17)
A documentary about the back-breaking work of a young Congolese coal seller to feed his family has won the top prize at the Cannes film festival's Critics' Week. "Makala" by French director Emmanuel Gras follows Kabwita, who goes door-to-door selling coal on his bicycle in the southern Democratic Republic of Congo. "Makala" means coal in Swahili. "There is something beautiful and dignified in his work," the director told AFP, "earning his living by the sweat of his brow. "I wanted to show a man of action, not someone in (the misery) of poverty but someone who lives their life," he added.
(AFP (eng) 05/03/17)
Tunisian and international non-governmental organisations warned Tuesday of deteriorating freedom of the press in a country considered to be a rare success story of the 2011 Arab Spring uprisings. "The Tunisian government these past weeks has not stopped tightening its grip on the press," they said in a joint statement published on World Press Freedom Day. Twenty-five associations, including the Tunisian Press Syndicate, Reporters Without Borders (RSF) and Amnesty International, said they were "deeply concerned" about the creation of a regulatory body for audiovisual communication. Six years after a popular uprising toppled longtime dictator Zine El Abidine Ben Ali, the rights groups expressed concern about the recent banning of a small daily
(Voice of America 05/03/17)
Ethiopia’s state of emergency has seen thousands of people detained, allegedly in connection with the unrest last year in the Oromia region. Those arrested have included journalists and bloggers. VOA sat down with three of them in Addis Ababa ahead of World Press Freedom Day (May 3). University lecturer and commentator Seyoum Teshome was arrested in October and detained for two months after he gave a radio interview to Deutsche Welle in which he criticized the government. Since his release,...
(AFP (eng) 04/28/17)
"I haven't once spoken my mother tongue Kilokele in the 62 years I've lived in Kinshasa. None of my nine children speak it," says Charles Tongohala. Tongohala's native tongue is one of 450 spoken in the Democratic Republic of Congo, a sprawling nation of 71 million people whose lingos -- almost all of them spoken, not written -- account for nine percent of the world's 5,000 languages. He was a boy when he moved to DR Congo's capital from a...
(AFP (eng) 04/21/17)
A painting by a South African artist showing President Jacob Zuma raping the late Nelson Mandela has caused outrage in the country, with the ruling party Friday describing it as "grotesque". The piece by controversial artist Ayanda Mabulu shows Zuma seated on a red chair, penetrating a crying Mandela. Both men have their legs wide apart, exposing their genitals. The African National Congress and the Nelson Mandela Foundation have condemned the colourful artwork titled: "The economy of rape". "Whilst we respect Mabulu's freedom of expression, we find his work grotesque, inflammatory and of bad taste,"
(AFP (eng) 03/05/17)
"Felicite," a tale about a nightclub singer who has to scrape together funds to pay for her son's treatment after a road accident, scooped the top prize on Saturday at Africa's top cinema festival. The film won the Golden Stallion award at the Pan-African Film and Television Festival of Ouagadougou, held in the capital of Burkina Faso. The prize adds to the Silver Bear jury prize awarded to the film two weeks earlier at the Berlin Film Festival. The film...
(AFP (eng) 02/25/17)
A solar-powered cinema was unveiled in Burkina Faso Friday ahead of the city's hosting of Africa's top film festival, even as movie theatres on the continent continue to disappear. The theatre, with its 300-seat capacity, will run on solar energy. Named Canal Olympia Yennenga, it is now the third-largest movie hall in the Burkina Faso capital Ouagadougou. Located in the city's posh Ouaga2000 neighbourhood, the theatre cost about 3 million euros ($3.2 million) to build. It is the brainchild of French businessman Vincent Bollore, whose company owns French premium TV and cinema group Canal Plus. "In the city of Ouagadougou, we lack movie theatres of this calibre," said Burkina Faso
(AFP (eng) 02/21/17)
Nollywood film "The Wedding Party" has shown Nigerian cinema at the top of its game, with its success at the box office taking it to new audiences across Africa and the world. The country may well be in recession but Nollywood, which churns out some 2,000 films a year and is the world's second-biggest film industry outside India, has never been healthier. "The Wedding Party" is a madcap, glamorous comedy telling the story of the marriage of Dunny and Dozie, despite the misgivings of their families' rivalries. One family is Igbo and the other Yoruba -- two of the main ethnic groups in Nigeria.
(AFP (eng) 01/25/17)
A public television station in Morocco was given an official reprimand on Tuesday for broadcasting a sequence on how to use make-up to conceal the bruises of battered women. It was transmitted last November -- marking the International Day for the Elimination of Violence Against Women -- by 2M on its morning magazine programme "Sabahiyate". The sequence depicted a woman with a swollen face, with the presenter telling viewers that she was not really injured, and that these were just "cinematic effects". On Tuesday, the country's High Authority for Audiovisual Communication (HACA) said the sequence
(AFP (eng) 01/12/17)
Every January, thousands of voodoo worshippers joined by crowds of tourists and descendants of slaves trudge down the long sand track leading to the beach at Ouidah in Benin. The cars, motorbikes and women in wrap skirts with tribal scars on their cheeks head to the Gate of No Return monument overlooking the crashing waves of the Atlantic Ocean beach. Erected in 1992 in memory of those packed on ships bound for the New World, it is a living reminder...
(AFP (eng) 01/04/17)
As many African women spend much of their spare time in hair salons, Ivory Coast's chief librarian, also a woman, came up with a brainwave scheme to help them read and learn to read. Crammed on shelves between hair extensions, untangling creams and straightening lotions, a total 23 hair salons now offer customers a range of books on loan from the National Library. "Libraries are practically non-existent in our suburbs and the ones that do exist get very few visitors,...
(AFP (eng) 12/15/16)
Surrounded by untidy stacks of paper and abandoned half-empty coffee cups, photographer Aida Muluneh chain smokes cigarettes in her Addis Ababa office and rails against the negative portrayals of Africa by foreigners. The 42-year-old came returned to Ethiopia nine years ago after living in Yemen and Canada and set herself the task of changing perceptions of the continent, replacing the outsiders' dominant eye with an African one. The Addis Foto Fest, which she founded and which opens its fourth edition...
(AFP (eng) 12/09/16)
Journalists from Cameroon and Ivory Coast on Thursday won Africa's top fact-checking awards for investigating government claims that turned out to be false. Manfei Anderson Diedri, of the website Eburnietoday.com, scooped the francophone award for an eight-month investigation into a land dispute in central Ivory Coast. Diedri uncovered that while Abidjan claimed it had ownership of 11,000 hectares of land granted to a Belgian company for industrial rubber plantations -- which villagers claimed was their property -- there was no...
(AFP (eng) 12/03/16)
Reporters Without Borders (RSF) on Friday condemned the swift shutdown of four Benin broadcasters close to the opposition, saying it raised fears of an "authoritarian" shift in the west African country. The four broadcasters -- Radio Soleil and TV stations Sikka, Eden and E-tele -- were all cut off on Tuesday and Wednesday, the press freedom group said in a statement. All were shut down on the grounds that they were transmitting from places away from their original locations, RSF...
(AFP (eng) 11/28/16)
Sudan on Sunday ordered a private television channel to stop broadcasting after accusing it of operating without a licence, the network's owner told AFP. Hussein Khojali, owner of 24-hour entertainment network Omdurman Channel, said he received a letter from the Sudanese Authority of Radio and Television Broadcasting asking him to stop broadcasting. "Today at 8:30 pm (1700 GMT) we received a letter from the authorities saying the channel has been stopped from broadcasting because it didn't have a licence," Khojali...
(AFP (eng) 11/14/16)
Spanish archaeologists have discovered a millennia-old mummy in "very good condition" near the southern Egyptian town of Luxor, the antiquities ministry said on Sunday. The find was in a tomb probably dating from between 1075-664 BC, on the west bank of the Nile river 700 kilometres (435 miles) south of Cairo, a statement said. The mummy had been bound with linen stuck together with plaster. It was in a brightly coloured wooden sarcophagus and had been buried near a temple from the era of fourth-millennium warrior king Thutmose III.
(AFP (eng) 10/22/16)
In many parts of Africa albinos are stigmatised or hunted for their body parts, but for one night in Kenya those with the condition took to the catwalk to show off their unique beauty. Billed by organisers as the first pageant of its kind, young albino men and women on Friday competed for the title of Miss and Mr Albinism Kenya. "People with albinism are not seen as beautiful and handsome so it is very rare to find those two...
(Dw-World 09/22/16)
Hundreds of journalists took to the streets of Mombasa to protests persistent attacks against journalists and free expression. This is the second such protest in Kenya this month. In Kenya, the freedom of the press is guaranteed by the country's constitution which was signed in 2010. But in response to what they called continuous harassment, threats and assaults directed towards the media, hundreds of journalists in Mombasa downed their tools and demanded that their rights to perform their jobs be...
(AFP (eng) 09/11/16)
Hollywood plague movies are usually about a fictional viral outbreak, unleashing chaos and anarchy that can only be stopped by heroes who transcend the panic. That's not true for "93 Days", a Nollywood film premiering on Tuesday, which dramatises the story of Nigeria's response to the very real Ebola epidemic in 2014 that killed more than 11,000 people in West Africa. Hundreds had already died from the disease in Guinea, Liberia and Sierra Leone when Ebola surfaced in Nigeria as...

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(Bloomberg 09/19/17)
A United Nations commission urged the International Criminal Court to investigate possible crimes against humanity committed in Burundi, saying it had compiled a list of alleged perpetrators of violence during the country’s two-year crisis. The UN Commission of Inquiry on Burundi has reasonable grounds to believe “serious human-rights violations and abuses” have been committed in the East African country since April 2015, its chairman, Fatsah Ouguergouz, said Tuesday in Geneva. The abuses included torture, extrajudicial executions, enforced disappearances and rape, with most victims being opponents of President Pierre Nkurunziza’s government, he said. The commission has drawn
(Bloomberg 09/19/17)
Nigerian Senate President Bukola Saraki said lawmakers will investigate the crisis that erupted in the country’s southeast following clashes between troops and supporters of a group campaigning for an independent state of Biafra. The legislature “intends to embark on a fact-finding investigation aimed at determining what actually happened during the period of the military exercise in the southeast,” Saraki said in a statement on Twitter on Monday. “We want to be able to sift the facts from the fiction and determine who did what.” The unrest last week in the cities of Umuahia and Aba, strongholds of the Indigenous People of Biafra, or Ipob, left several people dead and injured, after troops began a military exercise to rein in the...
(Bloomberg 09/19/17)
Kenya may have to delay a rerun of its presidential election scheduled for next month if the Supreme Court requires the country to host the results-transmission system, the Daily Nation reported. OT-Morpho, a Paris-based company that provided systems used in last month’s annulled presidential vote, told the Kenya Independent Electoral & Boundaries Commission in a letter that moving the system to Kenya from France by Oct. 31 would be technically impossible, the Nairobi-based newspaper said. Penina Nyawira, a Kenya-based spokeswoman...
(Bloomberg 09/18/17)
Egyptian Central Bank Governor Tarek Amer said inflation in the most populous Arab country has peaked after policy makers responded to the surge in prices by raising borrowing costs to the highest level in more than a decade. “We are in the right direction and we are moving very fast,” Amer said in an interview with Bloomberg TV in Dubai on Monday. “We’ve been aggressive in our monetary policy, and this has been resisted a bit. But we thought it’s...
(Bloomberg 09/18/17)
Egypt’s cabinet is expected to approve a plan to sell 1.5 billion in euro-denominated bonds in two to three weeks, the finance minister said, as the government seeks cheaper finance abroad to plug its budget gap. The Finance Ministry has started initial discussions with some European investment banks, Amr El-Garhy said in an interview in Bahrain late on Saturday. The notes, which will be Egypt’s first in euros, will likely have tenors of five to 10 years, he said. The...
(Bloomberg 09/18/17)
Tanzanian President John Magufuli’s deepening dispute with companies he accuses of being tax cheats is rattling investors and dimming the allure of one of Africa’s fastest-growing economies. Since taking office in late 2015, Magufuli has been on a drive to increase revenue from natural resources to help fund his industrialization plans. His administration has passed laws enabling it to renegotiate contracts and ordered foreign mining firms to sell stakes on the local stock exchange to increase transparency. The authorities have...
(Bloomberg 09/18/17)
Death threats to top members of Kenya’s divided electoral body are endangering preparations for a rerun of last month’s annulled presidential election, a senior official at the authority said. The relatives of one administrator at the Independent Electoral & Boundaries Commission fled the country after their lives were threatened, while Chairman Wafula Chebukati made additional security arrangements for his family, said the official, who asked not to be identified citing personal-safety reasons. “The fact that there’s a split at the...
(Bloomberg 09/18/17)
Pravin Gordhan, who was ousted from his post as South Africa’s finance minister in March, slammed KPMG LLP after it withdrew a report on the country’s tax agency that was used as evidence in a police probe against him and led to the removal of senior staff. The auditing firm said on Friday that its conclusions and recommendations in a report for the South African Revenue Service about a unit that allegedly spied on politicians should no longer be relied...
(Bloomberg 09/15/17)
Egyptian policy makers are weighing plans to raise 1.5 billion euros from the country’s first sale of euro-denominated bonds, Finance Minister Amr El-Garhy said. The possible sale would happen before the end of November, El-Garhy told Bloomberg News in the Egyptian Red Sea resort town of Sharm El-Sheikh on Thursday. He didn’t give more details. With local borrowing costs above 15 percent, Egypt is increasingly looking at international debt markets to capitalize on growing investor confidence after it floated its currency and cut costly energy subsidies. The steps helped seal a three-year $12 billion loan program from the International Monetary Fund in November.
(Bloomberg 09/15/17)
Gabon is weighing amnesty for about 400 prisoners who were jailed for their role in the violence that followed last year’s disputed presidential vote, according to Prime Minister Emmanuel Issoze-Ngondet. President Ali Bongo asked the Gabonese government to “consider an amnesty law,” Issoze-Ngondet told reporters on Wednesday in the capital, Libreville. A commission will be set up to review the merits of every case, he said. Violence erupted a year ago in the central African nation after the announcement that Bongo narrowly won a second seven-year term against opposition leader Jean Ping in the closest election in the nation’s history. Protesters burned down shops and the parliament building.
(Bloomberg 09/15/17)
On Monday, Kenya’s central bank may have little choice but to do what the rest of the country is stuck with: waiting for a rerun of its presidential election. With political limbo reigning since the Supreme Court’s annulment of the previous attempt at a national vote on Aug. 8, officials are left contemplating the effects of prolonged uncertainty on an economy that also faces slowing growth and persistent inflation. Economists say that quandary will force them to opt for no change in the benchmark interest rate at 10 percent, where it’s been for a year. The Central Bank of Kenya’s options are hamstrung by the “reemergence of political risk,”
(Bloomberg 09/15/17)
South Sudan should delay elections until the almost four-year civil war ends, the United Nations mission head said, about two weeks after the government indicated it may go ahead with a vote in 2018. “It’s important that we work through the peace process so that we have good conditions on the ground to enable elections to go ahead that can be seen to be free and fair and people can have confidence in them,” David Shearer, who leads the UN...
(Bloomberg 09/15/17)
Kenyan lenders risk needing to raise expensive debt on local markets next year to shore up their core capital levels, which may be eroded by new accounting standards the country is introducing that compel banks to classify losses differently. That’ll be a double whammy for an industry already reeling from the effects of interest-rate caps introduced a year ago, accelerating a decline in banks’ return on earnings to 24.7 percent by the end of last year, down from as much...
(Voice of America 09/15/17)
Women's rights activists in Malawi's capital, Lilongwe, braved hot weather Thursday to protest recent domestic violence in which seven women were slain or disfigured by their partners. The protesters, many of them women, wore black attire, and at one point they lay in the street to symbolize mourning. They carried banners and placards that read: "Violence against women is an offense, not a private issue," "Ending gender violence starts with me, I stand against it;" and "Don't be silent, speak...
(Voice of America 09/14/17)
WASHINGTON — At least 32 people have been killed in clashes across Ethiopia's Oromia and Somali regions following clashes between rival ethnic Somali and Oromo forces, a former Ethiopian lawmaker said. Speaking to VOA Somali Service, Boqor Ali Omar Allale said at least 32 ethnic Somalis, including his younger brother, were killed on Monday night in Awaday, a small town between Ethiopia's most holy Muslim town of Harar and its big eastern city of Dire Dawa. "They were innocent business...
(Bloomberg 09/13/17)
Kenya’s opposition presidential candidate said the electoral authority should consider delaying the rerun of last month’s annulled presidential vote until the end of October to ensure it’s organized in a credible manner. The date for the election could be adjusted within the 60-day period stipulated by the law to give the electoral body enough time to prepare a fair vote, Raila Odinga, leader of the opposition National Super Alliance, said in an interview with Nairobi-based broadcaster KTN on Tuesday. The...
(Bloomberg 09/13/17)
Cameroon is taking steps to encourage farmers to grow better quality cocoa after a deterioration in last year’s crop resulted in lower prices for the country’s beans. About 90 percent of Cameroon’s cocoa exports in the season through July were classed as Grade 2, the second of three quality ratings for beans, according to Trade Minister Luc Magloire Atangana Mbarga. That compared with 97 percent previously and meant that Cameroonian cocoa was about 200 CFA Francs ($0.37) per kilogram cheaper than international prices for the chocolate ingredient, he said. Cameroon, the world’s fifth-largest cocoa producer, has distributed 1,800 new, modern dryers to farmers to help reduce the smoky smell and high moisture content that meant...
(Bloomberg 09/13/17)
Strong supporters of South African President Jacob Zuma are on a provisional list of people who would run for the top positions at the African National Congress’s leadership conference in December on the ticket of his former wife, Nkosazana Dlamini-Zuma, according to two people familiar with the matter. A proposed list drawn up at a meeting late Monday includes David Mabuza, the premier of Mpumalanga province, as the choice of ANC deputy president, and Ace Magashule, the head of Free State province, as the party secretary-general, said the people, who asked not to be identified because they aren’t authorized to speak publicly
(Bloomberg 09/13/17)
Uganda should fairly compensate landowners affected by a pipeline that will transport oil to an Indian Ocean port after accusations that some people reimbursed for earlier public projects were left worse-off, Oxfam International said. The London-based charity said it’s concerned that “community participation, livelihoods and land rights could be overlooked in a quest to meet the schedule for land acquisition” for the 1,445-kilometer (898-mile) conduit that will link Uganda’s western oilfields with Tanga in Tanzania. Total SA, China’s Cnooc Ltd...
(Bloomberg 09/12/17)
Kenya’s opposition National Super Alliance threatened to stage street protests and prevent a rerun of last month’s annulled presidential election if the head of the country’s electoral authority refuses to step down. Independent Electoral & Boundaries Commission Chief Executive Officer Ezra Chiloba should be removed or the opposition will hold “mass demonstrations,” Norman Magaya, the CEO of the five-party alliance, said by phone Tuesday from the capital, Nairobi. “There will be no election.” The opposition group also plans to start...

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