Friday 20 October 2017
(Reuters (Eng) 09/12/17)
Olympic boxing’s governing body, AIBA, has banned African confederation head Kelani Bayor for three years for allegedly provoking the crowd at the continental championships in Brazzaville last June. Bayor is an AIBA vice-president and executive committee member as well as chairman of Togo’s national Olympic committee. “The Disciplinary Commission found that a hostile and threatening reaction to AIBA officials by spectators after the result of a bout on the last day of the competition was exacerbated by comments from Mr Bayor,” AIBA said in a statement on Monday. It found Bayor had “committed serious and unacceptable violations of the AIBA Disciplinary Code” at the tournament in Congo Republic. AIBA said the ban was from all boxing activities and responsibilities and...
(AFP (eng) 09/11/17)
Morocco's Prince Moulay Hicham, King Mohammed VI's first cousin, said on Saturday he had been expelled from Tunisia on the day he arrived to attend an academic conference. "Policemen came to my hotel shortly after my arrival yesterday (Friday) and I was taken to the airport," the prince told AFP. Moulay Hicham, who lives in the United States, had travelled to Tunisia for a conference organised by Stanford University on the political transition in Tunisia after the 2011 Arab Spring uprising. Known as the "rebel prince" for his outspoken criticism of Morocco's political system, Moulay Hicham said he had demanded to be given a "document to justify my expulsion, since I had done nothing wrong". "The policemen were embarrassed; they...
(Bloomberg 09/11/17)
The South African companies that dominate the U.K.’s growing private hospital industry are counting on more people like Katie Corrie. A children’s party entertainer, Corrie opted to use 13,000 pounds ($17,000) of her savings and inheritance to get a hip replacement rather than spend months on a National Health Service waiting list. Britons like her are forking out almost 1 billion pounds a year to cover their own medical expenses, a trend that’s giving at least one industry the scope to look past Brexit turmoil. “Even if I hadn’t had the money put aside, I would have found a way to pay for it,” said Corrie, 50, who estimates the business she runs with her husband would have lost 10,000...
(Xinhuanet 09/09/17)
Barely 100 days after his nomination as Tunisian prime minister, Youssef Chahed has carried out a major cabinet reshuffle which involves 13 portfolios and seven secretaries of state. Pending its presentation on Monday to the Assembly of People's Representatives for the vote of confidence, the new Tunisian government of Chahed seems to be determined to continue the anti-corruption battle launched several weeks ago, which was crowned by the arrest of a dozen businessmen and executives, as well as a famous journalist. "The new composition will make the National Unity Government a Government of War. In the next stage, this government will continue its fight against terrorism, smuggling, unemployment and regional disparity," said Chahed shortly after he presented his proposed reshuffle...
(Reuters (Eng) 09/09/17)
The figures jumping from a small boat into the clear shallow waters and running ashore on an Italian beach look like troops practicing a D-Day-style landing, but this is no drill, and these are not soldiers. The images, caught on camera, show what has become a increasingly common sight on the beaches of Italy’s southern islands - migrants from Africa landing in broad daylight. “In the past these boats came at night,” said Claudio Lombardo, the local head of the Mareamico (Friend of the Sea) environmental group who filmed the scene on a beach near Agrigento in Sicily on Wednesday morning.
(Xinhuanet 09/08/17)
The inflation rate of household consumption in Tunisia grew to 5.7 percent in August, up slightly from 5.6 percent in July, the National Institute of Statistics (NIS) of Tunisia announced Thursday. "Since 2015, this rate remains a record despite ups and downs registered during last year," NIS said. According to the NIS, the upward trend in inflation is due to a remarkable rise in food and beverage prices, which stood at 5.2 percent in August, against 3.6 percent a month ago. Rising prices of other products also contributed to the inflation, especially the edible oils (17.5 percent), clothing and footwear (8.8 percent), transport (8.2 percent) and the automotive sector (16.7 percent), NIS said.
(APA 09/08/17)
Deprivation and marginalization, underpinned by weak governance, are primary forces driving young Africans into violent extremism, according to a comprehensive new study by the United Nations Development Programme (UNDP), the first study of its kind. Based on interviews with 495 voluntary recruits to extremist organizations such as Al-Shabaab and Boko Haram, the new study also found that it is often perceived state violence or abuse of power that provides the final tipping point for the decision to join an extremist group. “Journey to Extremism in Africa: Drivers, Incentives and the Tipping Point for Recruitment” presents the results of a two-year UNDP Africa study on recruitment in the most prominent extremist groups in Africa. The study reveals a picture of a...
(Reuters (Eng) 09/07/17)
TUNIS (Reuters) - Tunisia’s two main parties on Thursday gave parliamentary backing to Prime Minister Youssef Chahed’s new cabinet, handing him the initiative to push sensitive economic reforms demanded by the International Monetary Fund. Chahed’s cabinet needs strong support to reform public sector wages and overhaul the pension system to improve national finances. Infighting and social protests have kept past governments from pushing through tougher austerity reforms. Chahed on Wednesday named 13 new ministers including heads of the interior, defense and finance ministries. He appointed Taoufik Rajhi, one of his advisors from the Islamist Ennahda party...
(The Guardian 09/07/17)
Developer TuNur has applied to build a 4.5GW plant in the Sahara and pipe enough electricity via submarine cables to power two million European homes. An enormous solar park in the Sahara could soon be exporting electricity to Europe if Tunisia’s government approves an energy company’s request to build it. The 4.5GW mega-project planned by TuNur would pipe electricity to Malta, Italy and France using submarine cables in the grandest energy export project since the abandoned Desertec initiative. Kevin Sara, TuNur’s chief executive said: “If European governments take the Paris accord seriously...
(Middle East Monitor 09/07/17)
Tunisia President Beji Caid Essebsi has called for an investigation into the nature of the opposition Ennahda party. In an interview with Tunisia’s official local newspaper Al-Sahafa, Essebsi described the Islamist movement as “not civic”. “The outlawed group paralyses the state from carrying out its duties and achieving development,” Essebsi stressed. The party’s media office is yet to respond to Essebsi’s remarks. Ennahda is the predominant party in the Tunisian government with 69 seats in the parliament, the Assembly of the Representatives of the People, while Essebsi’s party, Nidaa Tounes, has 58 parliamentary seats. The government also includes the secular party of Afek Tounes which holds ten parliamentary seats.
(Bloomberg 09/07/17)
African Rainbow Minerals Ltd., the miner chaired by South Africa’s richest black businessman, will pay a record dividend this year as rising iron-ore and manganese prices boosted earnings at its ferrous unit. ARM will pay investors 6.50 rand a share, almost triple that of the previous year, and its 11th consecutive dividend, the Johannesburg-based company said in a statement Thursday. The company benefited from a 45 percent increase in prices received for exported iron ore and 93 percent more for its manganese. While ARM is “confident in the long-term outlook for commodities,” the company said prices will “remain volatile” this year. The rand, in which ARM pays most of its costs, has strengthened against the dollar this year, reducing earnings...
(Reuters (Eng) 09/06/17)
Tunisia’s prime minister named a new cabinet on Wednesday, appointing one of his advisors from the Islamist Ennahda party to a new economic reforms ministry in a deal that ends weeks of infighting over posts. The compromise cabinet should give Prime Minister Youssef Chahed the impetus to push ahead with tough reforms of public sector wages the pension system designed to improve Tunisia finances in line with IMF demands. Chahed, in power for just over a year, restored Ridha Chalgoum, a former finance minister close to the ruling Nidaa Tounes party, to that ministry. He also named Lotfi Braham, another Nidaa Tounes ally, as interior minister, according to a statement on the appointments released by Chahed’s office. He also appointed...
(Bloomberg 09/05/17)
A surge in agriculture has helped lift Africa’s biggest economies out of their slumps, but the recovery may be weak. Gross domestic product in Nigeria, the continent’s largest crude producer, advanced for the first time in six quarters in the three months ended June from a year earlier, growing 0.55 percent, the statistics agency said. In South Africa, GDP expanded 2.5 percent from the previous quarter, ending the second recession in almost a decade. Both economies had agriculture largely to thank: in South Africa, a bumper corn harvest following the worst drought in more than a century saw the sector surge 34 percent from the prior quarter, while in Nigeria, where farming vies with industries as the second-biggest contributor to...
(Xinhuanet 09/04/17)
China's Belt and Road Initiative will help Tunisian economy to revive after six years of slowdown, former Tunisian Ambassador to China Mohamed Sahbi Basly told Xinhua in a recent interview. Basly, now the president of China-Tunisia Cooperation Council, hailed the initiative as "a perfect supportive approach for economic development." He said China has been "a significant investment partner" for Tunisia that "has the potential to contribute to the development of the Tunisian economy." "China has become a global economic locomotive in various fields, such as space, automobile, technology, real estate and agri-food," Basly said. "Tunisia could play a role in the relocation of Chinese manufacturing industries, because the production cost in China is more expensive than that in Tunisia." "It...
(Bloomberg 09/04/17)
The worst may be over for Africa’s two largest economies as they likely emerged from a slump in the second quarter. Official data on Tuesday will probably show South Africa’s economy expanded in the three months through June, ending its second recession in less than a decade. Nigeria’s gross domestic product probably grew from a year earlier, and came out of its worst slump in a quarter of a century. South Africa and Nigeria together account for almost half of sub-Saharan Africa’s GDP and their recoveries may boost trade and production across the region. The reasons differ: while Nigeria, the continent’s biggest oil producer, is benefiting from a rebound in crude output, stronger retail sales may help drive growth in...
(Xinhuanet 08/31/17)
Cooperation between China and Africa has seen remarkable progress in renewable energy, showing the determination of developing countries to harness the huge potential of clean energy and combat climate change. China-Africa Renewable Energy Cooperation and Innovation Alliance, a coalition of financing institutions, smart grid providers and core manufacturers, on Thursday signed a Memorandum of Understanding (MOU) on cooperation with Africa Renewable Energy Initiative (AREI). "Africa has the highest potential for renewable energy, but the least access to it," said Seyni Nafo, chairman of AREI endorsed by the African Union Assembly. The MOU will enable the two parties to cooperate in renewable energy generation in Africa, with Chinese smart grid providers and core renewable energy manufacturers providing technological and financial support...
(Bloomberg 08/30/17)
One Thousand & One Voices LLC, a private-equity fund started by the great-grandson of the founder of Coors Brewing Co., said it bought a producer of sushi-quality trout that is the largest such facility in Africa. SanLei’s operations are on the Katse Dam in Lesotho, an enclave surrounded by South Africa, 1K1V, as the fund is known, said in an emailed statement Tuesday. The company didn’t disclose the value of the transaction. SanLei has secured a marketing and distribution agreement with CGC Japan Co., which has more than 4,000 stores and collective revenue of more than $40.5 billion, making it Japan’s largest joint-procurement supermarket chain, 1K1V said. The fund has been hunting for private-equity investments that tap Africa’s growing consumer...
(BBC News Africa 08/30/17)
Tunisia defender Aymen Abdennour has signed for French club Marseille on loan deal from Spain's Valencia. The 28-year-old returns to France after two seasons in Spain. He previously played for Toulouse and Monaco, in Ligue 1. Abdennour played in all four of Tunisia's games at the Africa Cup of Nations earlier this year but missed the end of the Spanish season through injury. He had seemed set to join Russian club Zenit St Petersburg a few days ago before deciding on Marseille. The Carthage Eagles coach Nabil Maaloul decided not to call Abdennour for their crucial upcoming 2018 World Cup qualifiers home and away to DR Congo. Read more at: http://www.bbc.com/sport/football/41085048
(Reuters (Eng) 08/29/17)
Europe’s “big four” continental powers and three African states agreed a plan on Monday to tackle illegal human trafficking and support nations struggling to contain the flow of people across the desert and Mediterranean sea. The 28-nation European Union has long struggled to reach a coherent answer to the influx of migrants fleeing war, poverty and political upheaval in the Middle East and Africa, and the crisis is testing cooperation between member states. After hosting the leaders of Germany, Italy, Spain, Chad, Niger and Libya, French President Emmanuel Macron said it was time for greater coordination. “We must all act together - from the source countries to Europe and passing by the transit countries, especially Libya - to be efficient,”...
(Reuters (Eng) 08/28/17)
Getting Europe’s migrant crisis under control will be in focus at a summit of Europe’s “big four” continental powers and three African nations in Paris on Monday, with French President Emmanuel Macron seeking concrete action. The 28-nation European Union has struggled to agree on a coherent answer to the influx of migrants fleeing war, poverty and political upheaval in the Middle East and Africa, and the crisis is testing cooperation between member states. Over the summer, Macron sought to take the initiative on managing the flow of migrants crossing the Mediterranean from Libya, mainly into Italy. He proposed hotspots in Africa to handle asylum requests. The viability of such centers was questioned by European and African allies and on Monday...

Pages