Thursday 25 May 2017

Zambie

(BBC News Africa 05/24/17)
Zambian opposition leader Hakainde Hichilema has been in police custody for over a month, facing treason charges after a row over the presidential motorcade. The BBC's Karen Allen asks whether Zambia's reputation as a bastion of democracy is under threat. The man in the red fleece has been shuttling between prison and court for over a month in a country which rarely makes international headlines. But Hakainde Hichilema, leader of Zambia's United Party for National Development (UPND) has now become famous as the man facing treason charges for what appears to be a minor traffic offence. Critics fear it does not bode well for a country
(Xinhuanet 05/24/17)
At least 17 people died while 48 others were injured when a bus travelling from capital Lusaka lost control and overturned, Zambian police said on Wednesday. Esther Mwaata-Katongo, the police spokeserson said the accident happened around 9 p.m. on Tuesday after the driver of the bus, which was traveling from Lusaka to the eastern region, failed to negotiate a curve, causing the bus to overturn. Among the dead were three juveniles, six male adults and eight female adults while the driver of the bus was among the injured, she added. She further said all the injured people have been admitted to two local hospitals. Accidents involving public buses are common in Zambia. Last year, the government banned public vehicles from...
(Xinhuanet 05/24/17)
Entrepreneurs from East Africa on Tuesday called for increased investments in the power generation so as to develop a strong value-added manufacturing base in the region. Delegates participating in the second high-level East African Manufacturing Business Summit and Exhibition (EAMBS) held in Rwanda's capital city Kigali, said that heavy investments by both private and the public in the energy sector will enhance the production capacity of manufacturing industries in the region. Rwanda hosts the forum from May 23 to 25...
(Reuters (Eng) 05/24/17)
When U.S. President Donald Trump and other leaders of the world's seven major industrialized nations gather in Sicily on Friday, they will enjoy a spectacular view of the Mediterranean Sea, but won't get any glimpse of boats full of migrants. A common sight off Sicily in recent years, the authorities have banned all migrant landings on the island during the Group of Seven Summit for security reasons, telling rescue vessels that pick them up at sea to take them to...
(Reuters (Eng) 05/23/17)
Fossils from Greece and Bulgaria of an ape-like creature that lived 7.2 million years ago may fundamentally alter the understanding of human origins, casting doubt on the view that the evolutionary lineage that led to people arose in Africa. Scientists said on Monday the creature, known as Graecopithecus freybergi and known only from a lower jawbone and an isolated tooth, may be the oldest-known member of the human lineage that began after an evolutionary split from the line that led...
(Reuters (Eng) 05/22/17)
Countries in sub-Saharan Africa need to get their budgets in order, diversify their economies and look after their poorest people. If they do that, there is no reason why the region cannot have the strong growth needed to meet the aspirations of a young and growing population. That, at least, is the three-pillared prescription from the International Monetary Fund as expressed by one of its top Africa researchers, Celine Allard, in an official IMF blog post and podcast. Allard co-authored...
(Reuters (Eng) 05/20/17)
France will step up the fight against resurgent Islamist militants in north and west Africa and will work more closely with Germany to help the tinderbox region, President Emmanuel Macron said on his first trip outside Europe on Friday. Visiting Mali days after taking office, Macron vowed to keep French troops in the Sahel region until there was "no more Islamist terrorism" there. He said operations would be escalated in response to signs that militant groups were regrouping and uniting...
(Xinhuanet 05/19/17)
The African Union Mission in Somalia (AMISOM) confirmed Friday that Zambia has joined police contributing countries to AU mission to offer specialized skills to Somali police force. A statement from the AU mission said a contingent of four senior Zambian police officers are part of a team of 22 newly deployed Individual Police Officers (IPOs) to AMISOM, who will train Somali police officers on security matters. "Zambia has deployed to the police component of the AU Mission for the first time, although they have had military presence in Somalia," the AU mission said.
(Reuters (Eng) 05/19/17)
When rich countries wrote off billions of dollars of African debt in 2005, they hoped governments would think twice about borrowing again in costly foreign currencies. Over a decade later, most sub-Saharan African countries still rely on U.S. dollar-denominated debt to finance their economies. Some investors say this is sowing the seeds of future debt crises if local currencies devalue and make dollar debt repayments more expensive. Aside from South Africa and Nigeria, governments have not yet done enough to...
(Bloomberg 05/18/17)
The Bank of Zambia reduced its benchmark rate for the second straight time since its introduction five years ago as good rains improve prospects for lower food prices in coming months. The central bank cut the rate to 12.5 percent, the lowest since 2015, from 14 percent, Governor Denny Kalyalya told reporters Wednesday in Lusaka, the capital. Consumer inflation was unchanged at 6.7 percent in April, the lowest since 2013, after peaking at 22.9 percent in February last year. While...
(Bloomberg 05/18/17)
Steinhoff International Holdings NV plans to list its African assets separately as the acquisitive retailer seeks a new prize for shareholders following this year’s failed merger talks with Shoprite Holdings Ltd. The company said Wednesday it will seek to list businesses including clothing retailer Pepkor and furniture chain JD Group Ltd. on the Johannesburg Stock Exchange, about 18 months after moving its primary listing to Frankfurt from the South African commercial hub. The new business could be worth as much...
(Reuters (Eng) 05/17/17)
Gay and lesbian Africans who fled abuse in their home countries face a "culture of disbelief" which makes their experience of seeking asylum in Britain traumatic, a Nigerian lesbian, gay, bisexual, transgender rights (LGBT) campaigner said. Aderonke Apata, 50, who fled persecution in Nigeria, said the practice of assessing Africans' sexual orientation claims based on Western standards was problematic. "They expect an LGBT person to have used sex toys, to go to gay clubs," Apata, an asylum seeker who founded...
(Dw-World 05/16/17)
A Lusaka Magistrate has acquitted Zambia's main opposition leader Hakainde Hichilema on the charge of use of insulting language towards law enforcement officers. Hichilema remains in custody facing treason charges. There was heavy police presence at the Lusaka Magistrate's Court as hundreds of people flocked the area. Entry to the courtroom was restricted and many people were turned away. Magistrate Greenwell Malumani delivered his ruling by saying that the state failed to prove that the opposition leader Hakainde Hichilema used insulting language towards police officers. Hichilema was arrested at his home on April 11.
(Bloomberg 05/16/17)
When the impoverished West African nation of Niger imposed a ban on donkey exports last year, a small community of traders just over the border in Nigeria was devastated. “Before the ban, you could see thousands of donkeys here,” said Mohammed Sani, a 45-year-old trader in the Nigerian town of Jibiya, as he wiped the sweat off his brow. “Now look at them: there’s no more than 50, crippling the business.” Donkeys are being slaughtered at an alarming pace to...
(Reuters (Eng) 05/13/17)
Tackling climate change in Africa could help resolve multiple problems ravaging the continent, from drought to refugees and violence, the head of the African Union said on Friday. The mix of global warming with economic woes and political conflicts keeps peace from taking hold, said Moussa Faki Mahamat, the Union's new chairman, at Chatham House, an international think tank. "There is a link between climate change and prosperity, as well as peace, on the continent," Mahamat said in French with...
(Bloomberg 05/11/17)
Zambia will conclude a deal with the International Monetary Fund for as much as $1.6 billion by the end of June, Finance Minister Felix Mutati said. “We will conclude by the end of the second quarter,” Mutati said in an interview Wednesday in Nairobi, the Kenyan capital. “There is no question on whether the deal comes through or not. The deal is coming through.” The country has been talking about getting IMF aid since 2014 but an agreement has been...
(Xinhuanet 05/10/17)
Zambian President Edgar Lungu reaffirmed his government's commitment to consolidating existing bilateral relations with Togo for mutual benefit Tuesday. Lungu made the remarks while visiting a steel manufacturing plant with Togolese President Faure Gnassingbe in Kafue district, about 44 km south of Lusaka, Zambia's capital. Lungu said his government was willing to work with the Togolese government at bilateral and multilateral levels to enhance cooperation in order to attain the goals set out in the African Union (AU) Agenda 2063, along with national development.
(Xinhuanet 05/10/17)
Zambia has been elected the first African nation to head the International Consumer Protection and Enforcement Network (ICPEN) since it was founded, said the Zambian government in a statement on Tuesday. Zambia's consumer watchdog, the Competition and Consumer Protection Commission (CCPC), was elected chair of the ICPEN for 2018/2019 tenure during the body's annual conference held in Germany about two weeks ago, according to the statement released by the Ministry of Commerce, Trade and Industry. Kayula Siame, the permanent secretary...
(Fox News 05/10/17)
After five years of no major attacks on merchant vessels, piracy around the Horn of Africa seemed to be on hiatus. Acts of piracy in those treacherous waters have fallen sharply since 2012, according to statistics released by the United States Navy. The Navy credits aggressive patrolling by international forces and increased vigilance by the commercial shipping industry for the decrease. However, in the past month, Somali pirates have intercepted five ships, raising concerns that piracy has returned to the...
(Voice of America 05/05/17)
As Africa grapples with a severe drought, and famine threatens millions of people, experts at the World Economic Forum on Africa this week in the South African city of Durban say food security needs to be a major part of discussions on advancing the continent economically. The annual World Economic Forum in Switzerland is usually a high-powered event, but at this week’s Africa meeting of the international organization, the continent’s big players are welcoming the humble farmer, now known as...

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(Xinhuanet 05/24/17)
At least 17 people died while 48 others were injured when a bus travelling from capital Lusaka lost control and overturned, Zambian police said on Wednesday. Esther Mwaata-Katongo, the police spokeserson said the accident happened around 9 p.m. on Tuesday after the driver of the bus, which was traveling from Lusaka to the eastern region, failed to negotiate a curve, causing the bus to overturn. Among the dead were three juveniles, six male adults and eight female adults while the driver of the bus was among the injured, she added. She further said all the injured people have been admitted to two local hospitals. Accidents involving public buses are common in Zambia. Last year, the...
(Reuters (Eng) 05/24/17)
When U.S. President Donald Trump and other leaders of the world's seven major industrialized nations gather in Sicily on Friday, they will enjoy a spectacular view of the Mediterranean Sea, but won't get any glimpse of boats full of migrants. A common sight off Sicily in recent years, the authorities have banned all migrant landings on the island during the Group of Seven Summit for security reasons, telling rescue vessels that pick them up at sea to take them to the mainland during the two-day meeting. Out of sight does not mean out of mind. Italy chose to host the summit in Taormina, on the cliffs of eastern Sicily, to concentrate minds on Europe's migrant crisis and to seek ways...
(Reuters (Eng) 05/23/17)
Fossils from Greece and Bulgaria of an ape-like creature that lived 7.2 million years ago may fundamentally alter the understanding of human origins, casting doubt on the view that the evolutionary lineage that led to people arose in Africa. Scientists said on Monday the creature, known as Graecopithecus freybergi and known only from a lower jawbone and an isolated tooth, may be the oldest-known member of the human lineage that began after an evolutionary split from the line that led...
(Reuters (Eng) 05/20/17)
France will step up the fight against resurgent Islamist militants in north and west Africa and will work more closely with Germany to help the tinderbox region, President Emmanuel Macron said on his first trip outside Europe on Friday. Visiting Mali days after taking office, Macron vowed to keep French troops in the Sahel region until there was "no more Islamist terrorism" there. He said operations would be escalated in response to signs that militant groups were regrouping and uniting...
(Xinhuanet 05/19/17)
The African Union Mission in Somalia (AMISOM) confirmed Friday that Zambia has joined police contributing countries to AU mission to offer specialized skills to Somali police force. A statement from the AU mission said a contingent of four senior Zambian police officers are part of a team of 22 newly deployed Individual Police Officers (IPOs) to AMISOM, who will train Somali police officers on security matters. "Zambia has deployed to the police component of the AU Mission for the first time, although they have had military presence in Somalia," the AU mission said.
(Reuters (Eng) 05/17/17)
Gay and lesbian Africans who fled abuse in their home countries face a "culture of disbelief" which makes their experience of seeking asylum in Britain traumatic, a Nigerian lesbian, gay, bisexual, transgender rights (LGBT) campaigner said. Aderonke Apata, 50, who fled persecution in Nigeria, said the practice of assessing Africans' sexual orientation claims based on Western standards was problematic. "They expect an LGBT person to have used sex toys, to go to gay clubs," Apata, an asylum seeker who founded...
(Dw-World 05/16/17)
A Lusaka Magistrate has acquitted Zambia's main opposition leader Hakainde Hichilema on the charge of use of insulting language towards law enforcement officers. Hichilema remains in custody facing treason charges. There was heavy police presence at the Lusaka Magistrate's Court as hundreds of people flocked the area. Entry to the courtroom was restricted and many people were turned away. Magistrate Greenwell Malumani delivered his ruling by saying that the state failed to prove that the opposition leader Hakainde Hichilema used insulting language towards police officers. Hichilema was arrested at his home on April 11.
(Reuters (Eng) 05/13/17)
Tackling climate change in Africa could help resolve multiple problems ravaging the continent, from drought to refugees and violence, the head of the African Union said on Friday. The mix of global warming with economic woes and political conflicts keeps peace from taking hold, said Moussa Faki Mahamat, the Union's new chairman, at Chatham House, an international think tank. "There is a link between climate change and prosperity, as well as peace, on the continent," Mahamat said in French with...
(Fox News 05/10/17)
After five years of no major attacks on merchant vessels, piracy around the Horn of Africa seemed to be on hiatus. Acts of piracy in those treacherous waters have fallen sharply since 2012, according to statistics released by the United States Navy. The Navy credits aggressive patrolling by international forces and increased vigilance by the commercial shipping industry for the decrease. However, in the past month, Somali pirates have intercepted five ships, raising concerns that piracy has returned to the...
(Voice of America 05/03/17)
African military expenditures have finally slowed down after more than a decade of steady increases, according to a new report on global defense spending. The main reason, the report found, is a drop in oil prices. “The sharp decreases in oil prices has affected quite a number of African countries, namely South Sudan and Angola. This has kind of driven almost the entire regional trend,” said Nan Tian, a researcher at the Stockholm International Peace Research Institute’s (SIPRI) Arms and...
(Lusaka Times 04/28/17)
Zambia is on Friday marking the 25th anniversary of the Gabon Air Disaster that killed the Senior National Soccer Team in 1993. The fallen heroes were on the way to Senegal for a 1994 World Cup qualifier match when their plane plunged into the Atlantic Ocean near Libreville, Gabon. Family members and fans are expected to lay wreaths at the Heroes Acre located outside the old Independence Stadium. The Zambia Under-20 squad is also scheduled to join the ceremony by...
(Voice of America 04/28/17)
A low-cost and widely available drug could save the lives of 1 in 3 mothers who would otherwise bleed to death after childbirth, according to a new study. Severe bleeding, known as postpartum hemorrhage, or PPH, is the leading cause of maternal death worldwide, killing more than 100,000 women every year. Even for mothers who survive, it is a painful and traumatic experience. The world's poorest countries, especially in Africa and India, are the worst hit. Drug from 1960s But...
(AFP (eng) 04/24/17)
A new malaria vaccine will be tested on a large scale in Kenya, Ghana and Malawi, the World Health Organization said Monday, with 360,000 children to be vaccinated between 2018 and 2020. The injectable vaccine RTS,S could provide limited protection against a disease that killed 429,000 people worldwide in 2015, with 92 percent of victims in Africa and two-thirds of them children under five. "The prospect of a malaria vaccine is great news. Information gathered in the pilot will help...
(Voice of America 04/17/17)
The Italian coast guard says it has rescued nearly 6,000 migrants on the Mediterranean since Friday, underscoring the continued flow of people along this dangerous route. A group of Africans living in Europe visited Cameroon this week to launch a campaign against illegal migration. The group is called “No More Death in the Desert or on the Sea.” Its mission is simple: to educate youth in Africa about the harsh realities of illegal migration. "We want to tell them that...
(Reuters (Eng) 04/14/17)
Zambian police denied on Thursday that opposition leader Hakainde Hichilema had been refused access to his lawyers and family since his arrest this week but his attorney insisted this was the case in an intensifying political crisis. Hichilema was arrested on Tuesday and charged with treason for allegedly obstructing President Edgar Lungu's motorcade, raising the political temperature in Africa's No. 2 copper producing country. Relations between government and opposition have been tense since August, when Lungu's Patriotic Front (PF) party beat Hichilema's United Party for National Development (UPND) in a vote the opposition says was rigged. A hearing is to be held on Tuesday to determine
(AFP (eng) 04/13/17)
Africa's Matabele ants, fierce predators of termites, rescue their wounded soldiers and bring them back to the nest where they are "treated," a new study showed Wednesday. This helping behavior for the injured is the first to be detected in the insect world, according to an article in the US journal Science Advances by a German research team at the University of Wuerzburg's Biocentre. The ants, formally known as Megaponera analis, are widespread south of the Sahara on the continent...
(AFP (eng) 04/11/17)
El Nino, the cyclical climatic phenomenon in the Pacific Ocean, is linked to shifts in cholera cases in Africa, providing an early warning that could save lives, scientists said Monday. During the years when El Nino is warming the eastern Pacific, East Africa has about 50,000 additional cholera cases a year, new research from the Johns Hopkins Bloomberg School of Public Health suggests. By contrast, the years when El Nino is not active, there were 30,000 fewer cholera cases in...
(Voice of America 04/05/17)
A Red Cross report says African countries are failing their internally displaced people. Reversing that trend was the subject of a high level meeting of the International Red Cross and the African Union that wrapped up Tuesday in Zimbabwe. Africa has about 13 million internally displaced people, a third of the global number of IDPs, and more than double the amount of refugees on the continent. By definition, refugees flee across a national border, while IDPs leave their homes but...
(The East African 04/03/17)
Nairobi — The 2017 Mo Ibrahim Foundation annual Governance Weekend will be held in Marrakech - Morocco from April 7-9. A press release from the Foundation identifies the Palmeraie Resort as the venue for this year's meeting. The three-day event brings together prominent African and Africa-focused leaders, civil society representatives, multilateral and regional institutions and Africa's international partners to identify policy challenges and possible solutions. Violent extremism The conversation is normally extended to a wider audience through music, art and...
(Xinhuanet 03/30/17)
The Zambian government on Wednesday called for reinforced partnership with the United Nations (UN) in order to enable the country to achieve the Sustainable Development Goals (SDGs). Minister of Information and Broadcasting Kampamba Mulenga, while commending the role played by the UN in alleviating poverty, enhancing good governance and offering guidance and building institutional capacity in country, said there was need to create effective oversight in the implementation of government policies towards the achievement of the goals. In remarks delivered...

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(Xinhuanet 05/24/17)
Entrepreneurs from East Africa on Tuesday called for increased investments in the power generation so as to develop a strong value-added manufacturing base in the region. Delegates participating in the second high-level East African Manufacturing Business Summit and Exhibition (EAMBS) held in Rwanda's capital city Kigali, said that heavy investments by both private and the public in the energy sector will enhance the production capacity of manufacturing industries in the region. Rwanda hosts the forum from May 23 to 25 dubbed; "Harnessing the Manufacturing Potential for Sustainable Economic Growth". It has brought together top executives in the manufacturing and agri-business sectors, policy and decision makers, as well as key financial institutions from Africa and beyond...
(Reuters (Eng) 05/22/17)
Countries in sub-Saharan Africa need to get their budgets in order, diversify their economies and look after their poorest people. If they do that, there is no reason why the region cannot have the strong growth needed to meet the aspirations of a young and growing population. That, at least, is the three-pillared prescription from the International Monetary Fund as expressed by one of its top Africa researchers, Celine Allard, in an official IMF blog post and podcast. Allard co-authored the Fund's regional economic outlook, released earlier this month. It found that sub-Saharan economic growth hit only 1.4 percent last year, the lowest level in two decades and well off the 5-6 percent rates normally reached. It was also well...
(Reuters (Eng) 05/19/17)
When rich countries wrote off billions of dollars of African debt in 2005, they hoped governments would think twice about borrowing again in costly foreign currencies. Over a decade later, most sub-Saharan African countries still rely on U.S. dollar-denominated debt to finance their economies. Some investors say this is sowing the seeds of future debt crises if local currencies devalue and make dollar debt repayments more expensive. Aside from South Africa and Nigeria, governments have not yet done enough to...
(Bloomberg 05/18/17)
The Bank of Zambia reduced its benchmark rate for the second straight time since its introduction five years ago as good rains improve prospects for lower food prices in coming months. The central bank cut the rate to 12.5 percent, the lowest since 2015, from 14 percent, Governor Denny Kalyalya told reporters Wednesday in Lusaka, the capital. Consumer inflation was unchanged at 6.7 percent in April, the lowest since 2013, after peaking at 22.9 percent in February last year. While...
(Bloomberg 05/18/17)
Steinhoff International Holdings NV plans to list its African assets separately as the acquisitive retailer seeks a new prize for shareholders following this year’s failed merger talks with Shoprite Holdings Ltd. The company said Wednesday it will seek to list businesses including clothing retailer Pepkor and furniture chain JD Group Ltd. on the Johannesburg Stock Exchange, about 18 months after moving its primary listing to Frankfurt from the South African commercial hub. The new business could be worth as much...
(Bloomberg 05/16/17)
When the impoverished West African nation of Niger imposed a ban on donkey exports last year, a small community of traders just over the border in Nigeria was devastated. “Before the ban, you could see thousands of donkeys here,” said Mohammed Sani, a 45-year-old trader in the Nigerian town of Jibiya, as he wiped the sweat off his brow. “Now look at them: there’s no more than 50, crippling the business.” Donkeys are being slaughtered at an alarming pace to...
(Bloomberg 05/11/17)
Zambia will conclude a deal with the International Monetary Fund for as much as $1.6 billion by the end of June, Finance Minister Felix Mutati said. “We will conclude by the end of the second quarter,” Mutati said in an interview Wednesday in Nairobi, the Kenyan capital. “There is no question on whether the deal comes through or not. The deal is coming through.” The country has been talking about getting IMF aid since 2014 but an agreement has been...
(Xinhuanet 05/10/17)
Zambia has been elected the first African nation to head the International Consumer Protection and Enforcement Network (ICPEN) since it was founded, said the Zambian government in a statement on Tuesday. Zambia's consumer watchdog, the Competition and Consumer Protection Commission (CCPC), was elected chair of the ICPEN for 2018/2019 tenure during the body's annual conference held in Germany about two weeks ago, according to the statement released by the Ministry of Commerce, Trade and Industry. Kayula Siame, the permanent secretary...
(Voice of America 05/05/17)
As Africa grapples with a severe drought, and famine threatens millions of people, experts at the World Economic Forum on Africa this week in the South African city of Durban say food security needs to be a major part of discussions on advancing the continent economically. The annual World Economic Forum in Switzerland is usually a high-powered event, but at this week’s Africa meeting of the international organization, the continent’s big players are welcoming the humble farmer, now known as...
(Xinhuanet 05/04/17)
The World Economic Forum (WEF) Africa Competitiveness Report 2017 released in Durban Thursday called for urgent policy reforms if the continent intends to create more jobs for its growing young population. According to the report issued at the 27th WEF on Africa, fewer than one-quarter of the 450 million new jobs required in the next 20 years will be created if current policies remain unchanged. The report called for structural reforms in the economies to create more jobs for the...
(Bloomberg 05/02/17)
Saudi Aramco is seeking to boost its fuel-trading volume by more than a third as the world’s biggest crude exporter expands its capacity to refine oil to grab a bigger share of growing markets in Asia and Africa. Aramco, as Saudi Arabian Oil Co. is known, is building refineries in the kingdom and in Asia to help it increase sales and purchases of gasoline, diesel and other products to more than 2 million barrels a day, said Ibrahim Al-Buainain, chief...
(Bloomberg 04/28/17)
The International Monetary Fund will send a mission to Zambia in May to continue talks over as much as $1.6 billion in aid the government is seeking after they failed to reach a deal in Washington this month. “Progress was made but program discussions have not yet been concluded,” Alfredo Baldini, the fund’s representative in Zambia, said Friday in response to emailed questions. “The authorities and IMF staff have agreed that a mission will return to Zambia at the end...
(Zambia Daily mail 04/28/17)
Zambia’s Ambassador to Sweden Anthony Mukwita says the country’s top five placement as a preferred destination of investment will increase interest from international investors seeking to develop investment opportunities. Last week, Zambia was ranked the fifth most attractive investment destination in Africa due to significant domestic investment and access to money supply, according to a report by a global equity and investment firm. In its latest Africa Investment Index report, Quantum’s Global Group, which is an international group of companies...
(Business Day Ghana 04/27/17)
There are currently 960 million mobile subscriptions across Africa – an 80 percent penetration rate among the continent’s population. Internet penetration is at 18 percent with 216 million internet users, according to the latest Jumia mobile trend report for Africa. The 2017 edition of the African Mobile Trends Paper is the third white paper presentation from Jumia delving into mobile trends across Africa and specifically Nigeria. The study takes a look at the how the market has democratised mobile internet...
(Bloomberg 04/26/17)
Zambia, Africa’s second-largest copper producer, expects its production of the metal to jump about 10 percent this year to a record. The country, home to mines owned by companies including Glencore Plc, Barrick Gold Corp., First Quantum Minerals Ltd. and Vedanta Resources Plc, will produce about 850,000 metric tons of copper this year, Mines Minister Christopher Yaluma said in an interview in London on Tuesday. “Improved and modernized mining through the same infrastructure” will enable output to expand, he said. Production from First Quantum’s Sentinel operation will account for much of the nation’s increase, which would top a previous record of about 790,000 tons in 2013, he said.
(Bloomberg 04/26/17)
Zambia, Africa’s second-biggest copper producer, is close to selling a stake in ZCCM Investments Holdings, a state controlled mine holding company, for more than $100 million, according to three people familiar with the matter. Sapir Capital, an Israeli private equity company that’s invested in industries from nanotechnology to oil and gas, is waiting for final government approval for the acquisition of the 17.25 percent stake directly held by the government, said two of the people who asked not to be...
(Xinhuanet 04/26/17)
The Belt and Road (B&R) Initiative is a golden opportunity to bring about regional integration and sustainable economic growth for Africa, said Berhane Gebre-Christos, special envoy of the Ethiopian Prime Minister, on Tuesday. The special envoy made the remarks at the opening of a seminar organized on the B&R Initiative in Ethiopia's capital Addis Ababa. Welcoming the initiative, the special envoy said he is looking forward to the expected effects of the initiative. "The B&R is a project that will...
(Bloomberg 04/20/17)
WorldRemit Ltd., a British money-transfer operator, sees revenue from transactions involving Africans doubling by 2020 as more people on the continent access mobile-payment platforms and expatriates send cash home. The seven-year-old company, in which Facebook Inc.-backer Accel Partners LP invested $40 million in 2014, will this year open a regional office in South Africa, its largest market on the continent in terms of money-transfer value, founder and Chief Executive Officer Ismail Ahmed said in an interview. Another site will start...
(Bloomberg 04/19/17)
Zambia, Africa’s second-largest copper producer, plans to reach an aid deal for as much as $1.6 billion with the International Monetary Fund by the end of April, Finance Minister Felix Mutati said. Bond yields fell. “At the moment we know that we can get up to $1.6 billion -- if you ask me, I’d go for the maximum,” he said in an interview Monday in the capital, Lusaka. “Hopefully the program can be presented to the board sometime end of...
(AFP (eng) 04/18/17)
The International Monetary Fund on Tuesday forecast 2.6 percent growth in sub-Saharan Africa this year, aided by a modest recovery in large economies South Africa, Nigeria and Angola. "Growth is projected to rise to 2.6 percent in 2017 and 3.5 percent in 2018, largely driven by specific factors in the largest economies, which faced challenging macroeconomic conditions in 2016," the IMF said its latest World Economic Outlook report. A slump in commodity price in 2016 and devastating drought had affected...

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(Lusaka Times 04/06/17)
Zambia has slumped a sorry seven places down the latest FIFA rankings. A four month period of inactivity punctuated by just one modest friendly has left Zambia edging closer to the number 100 mark as FAZ are seemingly stuck in the Under-20 euphoria and forgotten about the state of the senior team. In the latest rankings for April, Zambia have tumbled to number 97 from 90. Not even the March 26 friendly away to Zimbabwe that ended scoreless has helped matters. Zimbabwe are at number 111 in the World. Prior to the Zimbabwe friendly, Zambia’s last match was on November 12, 2016 when they drew 1-1 away to Cameroon in a 2018 FIFA World Cup...
(AFP (eng) 03/21/17)
Zambia-based trio Jesse Were, David Owino and Anthony Okumu have been called up to the Kenyan squad for upcoming international friendlies against Uganda and DR Congo. Were and Owino were on target for Zesco United when they scored two vital second-half goals against Burundian side, Le Messager de Ngozi in Bujumbura last Saturday, to send the former Zambian league champions into CAF Confederation Cup semi-finals. The trio are among nine foreign-based players head coach Stanley Okumbi has called up as he puts his eight-match unbeaten record under the radar against two strong sides that competed in the 2017 African Cup of Nations finals in Gabon in January. They play Uganda on Thursday and DR Congo three days later. Both matches...
(AFP (eng) 03/16/17)
Africa will host a Commonwealth Games one day despite the blow of Durban being stripped of hosting the 2022 edition, David Grevemberg, the chief executive of The Commonwealth Games Federation (CGF), told AFP. Durban lost the right to host the Games on Monday -- just 18 months after being awarded them -- when it failed to meet criteria laid down by the CGF, primarily over costs. "I wouldn't want to make a judgement call," Grevemberg told AFP on the sidelines...
(Xinhuanet 03/15/17)
Zambian President Edgar Lungu on Wednesday pledged his government's commitment to support the Under 20 national soccer team in its preparation for the forthcoming FIFA World Cup tournament. The team is among four countries that will represent Africa at the World Cup to be hosted by South Korea in May. Speaking when he hosted a luncheon for the team which won the 2017 Africa Cup of Nations Under-20 tournamen, the Zambian leader said he will not tolerate stories of lack...
(Xinhuanet 03/09/17)
Zambia qualified Wednesday for the finals of the ongoing Africa U20 Cup of Nations finals after overcoming South Africa 1-0 in the semi-finals. Zambia qualified for the finals after scoring the all-important goal in the 108 minutes after neither team scored in regulation time at the National Heroes Stadium in Lusaka, the country's capital. The junior Chipolopolo, who have already qualified for the 2017 FIFA U20 World Cup, will now await the winners between Senegal and Guinea in the other semifinal match.
(Lusaka Times 03/03/17)
Kenya’s Harambee Stars winger Clifton Miheso has put behind his back the woes that befell him at South African Club Golden Arrows to seal a one-year contract with newly promoted Zambian Premier League club Buildicon FC. Miheso travelled to Ndola, the base of the Zambian outfit early this week and put pen to paper on his new deal on Thursday afternoon after his first training session. “I really feel happy with this move because it has been a long time...
(BBC News Africa 02/27/17)
Hosts Zambia got off to a flying start in the Under-20 Africa Cup of Nations when they beat Guinea 1-0 in front of a packed home crowd at the Heroes Stadium in Lusaka. Austria based Patson Daka put on a match-winning performance as he picked up a split pass before slotting the ball in the net in the 48th minute. Daka, who stars for FC Liefering, had been tormenting the Guinea backline for the better part of the first half...
(AFP (eng) 02/10/17)
Up to 18 players at the just-completed Africa Cup of Nations could be involved in the new-look CAF Champions League when it kicks off this weekend. Among them is Georges Bokwe, one of two unused goalkeepers in the Cameroon squad that defeated Egypt in the final last Sunday in Gabon. Bokwe was kept out of the starting line-up by the consistent brilliance of Spain-based Fabrice Ondoa, who was included in the team of the tournament. But Bokwe is the first...
(AFP (eng) 01/09/17)
Gabon witnessed one of the most sensational finishes to an Africa Cup of Nations tournament when no-hopers Zambia stunned the Ivory Coast to win the 2012 final. Zambia failed to qualify this time, but the Ivorians will be among the favourites again when the competition returns to the central African state with the first fixtures scheduled for Saturday. AFP Sport rates the chances of the 16 challengers for the $4 million (3.8 million euros) first prize (last three competitive results...
(AfricaNews 12/05/16)
Cameroon’s Indomitable Lionesses failed to use home advantage and revenge in the final of the Women African Cup of Nations (AWCON 2016) losing by a goal to Nigeria’s Super Falcons. The Super Falcons thus successfully defended the title they won in 2014 by defeating Cameroon in Namibia. The hosts entered the final aiming to win their first title and avenge two previous defeats by Nigeria. But a late goal by Oparanozie Desire dashed hopes and sent disappointment through the teeming...
(BBC News Africa 11/21/16)
A human rights scholar and lawyer in Lusaka says the Football Association of Zambia should go ahead and include a non-discrimination clause in their constitution. Faz is in the middle of a constitutional review process aimed at aligning its statutes with world governing body Fifa. A draft constitution circulated by Faz to its members reads: "Discrimination of any kind against a country, private person or group of people on account of race, skin colour, ethnic, national or social origin, gender,...
(BBC News Africa 11/10/16)
Zambia's Anti-Corruption Commission (ACC) is investigating two members of the country's football association over accusations of embezzlement. Football Association of Zambia (Faz) vice-president Richard Kazala and committee member Blackwell Siwale have failed to account for US$15,000. The money was from ticket sales for last month's 2018 World Cup qualifier loss to Nigeria. The duo were suspended on Saturday by Faz president Andrew Kamanga. He has alleged that the pair collected money on behalf of Faz from the country's presidential office...
(AFP (eng) 11/10/16)
All CAF competitions will offer increased prize money from 2017, the Cairo-based African football body said Wednesday. The announcement came months after French oil-gas company Total signed an eight-year sponsorship deal with CAF reportedly worth more than one billion dollars (915 million euros). Winners of the biennial Africa Cup of Nations will receive $4 million, up from the $1.5 million pocketed by 2015 champions the Ivory Coast. CAF Champions League title-holders are going to collect $2.5 million -- $1 million...
(AFP (eng) 11/09/16)
Zambia edged hosts Uganda 1-0 on Tuesday in a warm-up match for both countries ahead of 2018 World Cup qualifiers this weekend. Chisamba Lungu, a 25-year-old attacking midfielder who plays in the Russian Premier League, scored the winner on 25 minutes in Kampala. What seemed an ambitious long-range shot deflected off defender Isaac Isinde and beat goalkeeper Robert Odongkara. Recalled striker Geoffrey Massa wasted the best chance to equalise for Uganda during the second half. Victory was a morale boost...
(AFP (eng) 11/03/16)
African champions Mamelodi Sundowns won for the first time in the South African Premiership this season Wednesday and climbed off the bottom of the table. The Pretoria club triumphed 2-0 at Polokwane City thanks to goals from Percy Tau and Zimbabwean Khama Billiat, two stars of the 2016 CAF Champions League triumph. Sundowns became African champions for the first time 11 days ago by defeating Zamalek of Egypt 3-1 on aggregate in the final. But a domestic fixture backlog meant...
(Goal 10/26/16)
The Atlas Lions' gaffer has ruled out the possibility of Chipolopolo qualifying for their first World Cup owing to the quality of opposition in their group Morocco head coach Herve Renard does not expect Zambia to qualify for the 2018 World Cup in Russia after being pooled together with Nigeria, Cameroon, Algeria in group B. Renard who led the Chipolopolo to their first ever Afcon victory is confident it will be a tough group but is keen to stress it...
(Zambia Reports 09/21/16)
Newly appointed Chipolopolo assistant coach Wedson Nyirenda has got to his first assignment naming a 33 member provisional squad ahead of the crucial World Cup qualifier against Nigeria on October 9. Nyirenda will be in charge of the Chipolopolo before a full time expatriate coach is named by the Football Association of Zambia. Wada has opened the door for want-away midfielder Chisamba Lungu and also included the wayward Fwayo Tembo in the squad. A host of local players have been...
(Times Live 09/20/16)
Zambia have decided who will coach their national team‚ but cannot make an announcement yet on which one of their three foreign candidates‚ including former Bafana Bafana coach Gordon Igesund‚ that is. The Football Association of Zambia (FAZ) have made their decision‚ said their general secretary Ponga Liwewe. But FAZ cannot make an announcement until Zambia’s government‚ who fund the national team‚ complete the formality of approving the new coach’s salary. “We had a coach selection process. We had three...
(AfricaNews 09/19/16)
The agreement on African games signed in Cairo over the weekend between the African Union and the Association of National Olympic committees of Africa will be implemented after validation by the Africa Union commission. The two parties are expected to mobilise renowned African athletes and the best teams to help raise their level of performance. Sources say the African Union will continue to manage the African games while the Union of African Sports Confederations will take care of its technical...
(Africa Top sports 08/02/16)
La réaction de la Faz (Fédé­ration zambienne de football) a été prompte. Alors que son équipe s’était qualifiée pour les demi-finales de la Cosafa cup U17, elle a été disqualifiée vendredi, quel­ques heures avant le match, pour avoir utilisé des joueurs trop vieux. Dans un communiqué, la fédération a décidé de suspendre tout le staff technique des Chipolopolo cadets. Il s’agit de l’entraîneur principal Osward Mutapa, des assistants Perry Mutapa et Charles Bwale, de l’entraîneur des gardiens Kalililo Kakonje, du...

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(Xinhuanet 04/18/17)
Africa's diaspora is playing a big role in the economic transformation of the continent, the UN said on Tuesday. UN Population Fund (UNFPA) Regional Director Dr Julitta Onabanjo told Xinhua in Nairobi that remittances are important source of income for many African families. "The diaspora therefore complements government efforts to lift many families out of poverty," Onabanjo said on the sidelines of the First Africa-China Conference on Population and Development. Onabanjo said that Africans in the diaspora also bring back to the continent, the valuable skills and knowledge that they have acquired in the developed world. "This pool of skilled labour can help the continent address challenges that hinder social economic development," she added. The...
(AFP (eng) 03/02/17)
A film raging against colonialism and the exploitation of Africa wowed viewers at the continent's top cinema festival Wednesday, winning shouts of approval at a screening packed to bursting point. "The African Storm" tells the story of an African president who nationalises businesses run by racist, cynical Western executives. Directed and produced by its Beninese star Sylvestre Amoussou, it tackles several hot-button issues including an exit from the CFA franc currency, closer ties with Russia and China as opposed to the West, criticism of the International Monetary Fund and World Bank, and pride in being African. One of 20 feature-length movies on show at the Panafrican Film and Television Festival (Fespaco) in Burkina Faso's capital Ouagadougou, the movie was punctuated...
(AFP (eng) 02/27/17)
An African road movie about four women wowed its audience Sunday as it kicked off the Panafrican cinema and television festival (Fespaco), a showcase for the continent's burgeoning film industry. "Borders" ("Frontieres") directed by Apolline Traore, a Fespaco laureate in 2013, sweeps across Africa as its protagonists journey through Senegal, Mali, Burkina Faso and Benin on their way to Nigeria. Along the way the women -- Ivorian, Senegalese, Burkinabe and Nigerian actresses -- are spared nothing as they are beset...
(Xinhuanet 11/29/16)
A court in Zambia on Tuesday jailed a famous journalist to two years with hard labor over the production of an infamous political documentary which vilified then opposition leader Michael Sata in the run-up to the 2011 general elections. Chanda Chimba (III) was sent to jail after the court found him guilty of producing the defamatory "Stand Up for Zambia" documentary in 2010 and 2011 which was aired on state television and two other private television stations. He was also...
(International Business Times 10/21/16)
Bodies of albinos can sell for up to $75,000 to witch doctors, who see them as good luck. People with albinism are being attacked, abducted and killed in East and Southern Africa, but Kenya is hoping to change the perception of albinos as it holds the first Mr & Miss Albinism beauty pageant on Africa Human Rights Day. Organisers, the Albinism Society of Kenya (ASK), are hoping the pageant will promote inclusion of people with albinism, who often face stigma,...
(AFP (eng) 10/21/16)
Demand for homegrown contemporary music is sweeping Africa and driving a creative boom in an industry otherwise battered by falling CD sales and rampant piracy. A recent study of the entertainment sector by PricewaterhouseCoopers (PwC) accountants showed rapid earnings growth in many African countries, fuelled largely by live performances by local artists. "Consumers are increasingly wanting local content," Vicki Myburgh, a PwC director who conducted the study released last month, told AFP. "The Nigerian music market... will (soon) grow at...
(AFP (eng) 10/11/16)
Raised on the backstabbing intrigue of 1980s American soaps "Dallas" and "Dynasty", and later, the heady drama of South American telenovelas, Africans are enjoying a surge in local TV content they can finally identify with. It took a while, but in the past decade local programming has soared in sub-Saharan Africa's key economies, a rise driven by both foreign satellite networks and television stations on the continent. This growth has delivered up local shows such as Kenya's comedic "Real Househelps...
(Lusaka Times 09/26/16)
Zambian-Scottish singer and songwriter, Namvula ( which means ‘mother of rain) , has been described as a “ true Original” by the Guardian . She is also a photographer, workshop facilitator, and Co-Founding Director of Film Africa, London’s largest celebration of African cinema and culture. Moved by life – by its beauty and ugliness, its creativity, its tenderness and cruelty, and the power of the stories that it holds, both simple and complex, Namvula sees music and photography as mirrors...
(AFP (eng) 09/23/16)
A century after the project was conceived in the throes of racial segregation, and a few months before the first black US president leaves office, the African American Museum in Washington opens Saturday. Here are key facts about the first national museum devoted entirely to showcasing African Americans' life, history and culture. - 1915: A project 101 years old The effort to open, in the US capital, a museum dedicated to the history of the black community "began more than...
(BBC News Africa 09/20/16)
Pop star Emeli Sande says her new album was inspired by a "life-changing" trip to Zambia after her marriage ended. The star, who grew up in Aberdeenshire, visited her father's homeland in 2015, travelling to her grandmother's village "deep, deep into the outback". "There's no electricity, no running water," she told BBC Radio 4's Front Row. "But they'd light the fire and everyone would sing." "We took a lot of voice memos, and they're sampled on the album." "There's one...
(AFP (eng) 09/12/16)
Zambian authorities on Monday reinstated the licence of a private TV station they had taken off the air during last month's presidential poll for its "unprofessional conduct." The broadcasting licence of MUVI TV was suspended on August 22 after it broadcast stories before and after Zambia's closely-fought August 11 vote that were critical of supporters of the ruling Patriotic Front (PF) party. The Independent Broadcasting Authority (IBA) said at the time that the broadcaster's conduct "posed a risk to national peace and security." Lifting the suspension Monday, IBA Chairman Justin Mutale said
(The East African 09/10/16)
The Pan African Federation of Filmmakers (FEPACI) is seeking to raise $200 million from partners over the next two years to fund the continent's audiovisual and cinema sector. The funds will be used to establish centres of excellence in the five regions - East Africa, North Africa, Central Africa, Southern Africa, and West Africa -- and the locations will be decided by the African Council of Ministers of Culture. The money will be used to improve the quality and quantity...
(AFP (eng) 07/25/16)
Zambian authorities said on Sunday they had called off a planned show by Congolese singer Koffi Olomide following his deportation from Kenya for kicking one of his female dancers. Olomide was scheduled to perform at the annual agricultural trade show in Lusaka this week. "Following the reported unfortunate incident in Kenya concerning Koffi Olomide, the Agricultural and Commercial Show Society of Zambia has decided to cancel his performance during this year’s show," Ben Shoko, head of the society said in...
(Lusaka Times 07/25/16)
The first-ever Miss Africa Zambia pageant, being organised by Miss Pageant Zambia Trust, is set for August 5 at the Best Western Plus Lusaka Grand Hotel, where 10 models will be competing for the title. The winner is expected to represent Zambia at the Miss Africa to be held in Botswana in November. Charity Mwanza, Maria Chibuye, Grace Tembo, Penny Chewe, Louise Chingangu, Lukundo Nambaya, Tina Kazhila, Memory Ndumba and Sheena Kaliyangile are the contestants for the Miss Africa Zambia...
(Xinhuanet 07/14/16)
The following are the highlights of Zambia's major media outlets on Thursday. -- Zambia's electoral body has made strides towards ensuring that all eligible voters are not disfranchised regardless of their physical or visual challenges by developing a braille tactile folder to be used by the visually impaired people in this year' general elections. Electoral Commission of Zambia (ECZ) public relations officer Sylvia Bwalya said the tactile folder, which was also known as ballot paper jacket, has been developed specifically...
(Voice of America 07/04/16)
To the beat of African drums, a few dozen people gathered at Dallas City Hall Friday to officially kick off the three-day African Film Festival. The event showcases films made by Africans, as well as a few made by non-Africans about issues important to different regions of the continent. City officials hailed the new festival as an expression of the increasing ethnic and cultural diversity in Texas’ second-largest city. Regina Hill Onyeibe, the Africa Liaison for the City of Dallas...
(Reuters (Eng) 06/28/16)
Africa's largest provider of pay-television services Naspers (NPNJn.J) has kept prices on the continent unchanged to halt a decline in subscriber numbers, its chief executive said on Monday. Naspers, the biggest listed firm on the continent, which sells access to popular American series and blockbuster movies in 50 countries in Africa and the Indian Ocean via its Multichoice unit, reported an 18 percent rise in full-year profit on Friday, but flagged pay-TV as a drag on its performance. Weaker currencies...
(The Star 06/17/16)
StarTimes Group, one of the two TV signal distributors in Kenya, has come under fire in Zambia for seeking to control the state broadcaster and allegedly excluding rivals from the digital TV market. This follows the signing of a new deal worth US$271million allowing it to take over the public broadcaster, Zambian National Broadcasting Corporation for 25 years. Questions were raised over the way it was awarded a tender in 2013 to roll out a digital terrestrial TV network similar...
(Xinhuanet 05/19/16)
The Chinese Embassy in Zambia has launched an English version of a book documenting the history of the construction of the Tanzania Zambia Railway, a joint project by the Zambian and Tanzanian governments. A Monument to China Africa Friendship is a first-hand account of the building of the railway line, built in the 1970s with financial and technical assistance of the Chinese government. The launch of the English version follows the compiling and publication of the Chinese version by the...
(AFP (eng) 05/14/16)
On a choice spot overlooking Washington's most stately monuments, a new museum swathed in bronze will showcase the tragedy and triumph of black America. The National Museum of African American History and Culture, 100 years in the making and now almost ready, will fill a gaping void: until now the city had no grand-scale museum dedicated solely to this chapter of US history. Slave cabins, a blacks-only train car from the segregation era and exhibits on the Reverend Martin Luther...

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(BBC News Africa 05/24/17)
Zambian opposition leader Hakainde Hichilema has been in police custody for over a month, facing treason charges after a row over the presidential motorcade. The BBC's Karen Allen asks whether Zambia's reputation as a bastion of democracy is under threat. The man in the red fleece has been shuttling between prison and court for over a month in a country which rarely makes international headlines. But Hakainde Hichilema, leader of Zambia's United Party for National Development (UPND) has now become famous as the man facing treason charges for what appears to be a minor traffic offence. Critics fear it does not bode well for a country
(Bloomberg 05/18/17)
The Bank of Zambia reduced its benchmark rate for the second straight time since its introduction five years ago as good rains improve prospects for lower food prices in coming months. The central bank cut the rate to 12.5 percent, the lowest since 2015, from 14 percent, Governor Denny Kalyalya told reporters Wednesday in Lusaka, the capital. Consumer inflation was unchanged at 6.7 percent in April, the lowest since 2013, after peaking at 22.9 percent in February last year. While a 50 percent increase in the price of electricity approved by the energy regulator this month will stoke inflation, the country is expecting a record corn harvest that was boosted by better-than-normal rains. Zambia is in talks with the International...
(Bloomberg 05/18/17)
Steinhoff International Holdings NV plans to list its African assets separately as the acquisitive retailer seeks a new prize for shareholders following this year’s failed merger talks with Shoprite Holdings Ltd. The company said Wednesday it will seek to list businesses including clothing retailer Pepkor and furniture chain JD Group Ltd. on the Johannesburg Stock Exchange, about 18 months after moving its primary listing to Frankfurt from the South African commercial hub. The new business could be worth as much...
(Dw-World 05/16/17)
A Lusaka Magistrate has acquitted Zambia's main opposition leader Hakainde Hichilema on the charge of use of insulting language towards law enforcement officers. Hichilema remains in custody facing treason charges. There was heavy police presence at the Lusaka Magistrate's Court as hundreds of people flocked the area. Entry to the courtroom was restricted and many people were turned away. Magistrate Greenwell Malumani delivered his ruling by saying that the state failed to prove that the opposition leader Hakainde Hichilema used insulting language towards police officers. Hichilema was arrested at his home on April 11.
(Bloomberg 05/11/17)
Zambia will conclude a deal with the International Monetary Fund for as much as $1.6 billion by the end of June, Finance Minister Felix Mutati said. “We will conclude by the end of the second quarter,” Mutati said in an interview Wednesday in Nairobi, the Kenyan capital. “There is no question on whether the deal comes through or not. The deal is coming through.” The country has been talking about getting IMF aid since 2014 but an agreement has been...
(Fox News 05/10/17)
After five years of no major attacks on merchant vessels, piracy around the Horn of Africa seemed to be on hiatus. Acts of piracy in those treacherous waters have fallen sharply since 2012, according to statistics released by the United States Navy. The Navy credits aggressive patrolling by international forces and increased vigilance by the commercial shipping industry for the decrease. However, in the past month, Somali pirates have intercepted five ships, raising concerns that piracy has returned to the...
(Voice of America 05/05/17)
As Africa grapples with a severe drought, and famine threatens millions of people, experts at the World Economic Forum on Africa this week in the South African city of Durban say food security needs to be a major part of discussions on advancing the continent economically. The annual World Economic Forum in Switzerland is usually a high-powered event, but at this week’s Africa meeting of the international organization, the continent’s big players are welcoming the humble farmer, now known as...
(Voice of America 05/03/17)
African military expenditures have finally slowed down after more than a decade of steady increases, according to a new report on global defense spending. The main reason, the report found, is a drop in oil prices. “The sharp decreases in oil prices has affected quite a number of African countries, namely South Sudan and Angola. This has kind of driven almost the entire regional trend,” said Nan Tian, a researcher at the Stockholm International Peace Research Institute’s (SIPRI) Arms and...
(Bloomberg 05/02/17)
Saudi Aramco is seeking to boost its fuel-trading volume by more than a third as the world’s biggest crude exporter expands its capacity to refine oil to grab a bigger share of growing markets in Asia and Africa. Aramco, as Saudi Arabian Oil Co. is known, is building refineries in the kingdom and in Asia to help it increase sales and purchases of gasoline, diesel and other products to more than 2 million barrels a day, said Ibrahim Al-Buainain, chief...
(Bloomberg 04/28/17)
The International Monetary Fund will send a mission to Zambia in May to continue talks over as much as $1.6 billion in aid the government is seeking after they failed to reach a deal in Washington this month. “Progress was made but program discussions have not yet been concluded,” Alfredo Baldini, the fund’s representative in Zambia, said Friday in response to emailed questions. “The authorities and IMF staff have agreed that a mission will return to Zambia at the end...
(Voice of America 04/28/17)
A low-cost and widely available drug could save the lives of 1 in 3 mothers who would otherwise bleed to death after childbirth, according to a new study. Severe bleeding, known as postpartum hemorrhage, or PPH, is the leading cause of maternal death worldwide, killing more than 100,000 women every year. Even for mothers who survive, it is a painful and traumatic experience. The world's poorest countries, especially in Africa and India, are the worst hit. Drug from 1960s But...
(Bloomberg 04/27/17)
Zambian opposition leader Hakainde Hichilema will remain in custody until next week when his treason trial will resume, the Union Party for National Development said. Magistrate David Simusamba on Thursday adjourned the case until May 4, the party, which Hichilema leads, said in a statement on its Twitter account in the capital, Lusaka. Political tensions in Africa’s second-biggest copper producer, which have been high since presidential elections last year that Hichilema lost to Edgar Lungu, escalated when police detained the...
(Bloomberg 04/26/17)
Zambia, Africa’s second-largest copper producer, expects its production of the metal to jump about 10 percent this year to a record. The country, home to mines owned by companies including Glencore Plc, Barrick Gold Corp., First Quantum Minerals Ltd. and Vedanta Resources Plc, will produce about 850,000 metric tons of copper this year, Mines Minister Christopher Yaluma said in an interview in London on Tuesday. “Improved and modernized mining through the same infrastructure” will enable output to expand, he said. Production from First Quantum’s Sentinel operation will account for much of the nation’s increase, which would top a previous record of about 790,000 tons in 2013, he said.
(Bloomberg 04/26/17)
Zambia, Africa’s second-biggest copper producer, is close to selling a stake in ZCCM Investments Holdings, a state controlled mine holding company, for more than $100 million, according to three people familiar with the matter. Sapir Capital, an Israeli private equity company that’s invested in industries from nanotechnology to oil and gas, is waiting for final government approval for the acquisition of the 17.25 percent stake directly held by the government, said two of the people who asked not to be...
(Bloomberg 04/20/17)
WorldRemit Ltd., a British money-transfer operator, sees revenue from transactions involving Africans doubling by 2020 as more people on the continent access mobile-payment platforms and expatriates send cash home. The seven-year-old company, in which Facebook Inc.-backer Accel Partners LP invested $40 million in 2014, will this year open a regional office in South Africa, its largest market on the continent in terms of money-transfer value, founder and Chief Executive Officer Ismail Ahmed said in an interview. Another site will start...
(Bloomberg 04/19/17)
Zambia, Africa’s second-largest copper producer, plans to reach an aid deal for as much as $1.6 billion with the International Monetary Fund by the end of April, Finance Minister Felix Mutati said. Bond yields fell. “At the moment we know that we can get up to $1.6 billion -- if you ask me, I’d go for the maximum,” he said in an interview Monday in the capital, Lusaka. “Hopefully the program can be presented to the board sometime end of...
(Bloomberg 04/18/17)
Zambia’s main opposition party called for the immediate release of its leader, Hakainde Hichilema, who was charged with treason this week for failing to move off the road for the president’s motorcade. Hichilema wasn’t driving the vehicle that allegedly obstructed the president and the charges are politically motivated, the United Party for National Development Vice President Geoffrey Mwamba told reporters Thursday in the capital, Lusaka. Mwamba said he’s also being targeted for arrest. “This was a pre-planned move to arrest Hakainde Hichilema,” he said. “I’m also on the chopping board. They’re also coming to arrest me.” The treason charge followed months of tension between the opposition and the government.
(Voice of America 04/17/17)
The Italian coast guard says it has rescued nearly 6,000 migrants on the Mediterranean since Friday, underscoring the continued flow of people along this dangerous route. A group of Africans living in Europe visited Cameroon this week to launch a campaign against illegal migration. The group is called “No More Death in the Desert or on the Sea.” Its mission is simple: to educate youth in Africa about the harsh realities of illegal migration. "We want to tell them that...
(Voice of America 04/05/17)
A Red Cross report says African countries are failing their internally displaced people. Reversing that trend was the subject of a high level meeting of the International Red Cross and the African Union that wrapped up Tuesday in Zimbabwe. Africa has about 13 million internally displaced people, a third of the global number of IDPs, and more than double the amount of refugees on the continent. By definition, refugees flee across a national border, while IDPs leave their homes but...
(Financial Times 04/04/17)
Countries should develop policies to attract labour-intensive production leaving China. China’s initial wave of investments in Africa focused on natural resource extraction. Their demand for metals and energy was so large that it actually boosted global commodity prices overall, which in turn accelerated growth across the African continent. These times of China propping up global commodity prices are now over, as it has built up excess capacity in many sectors and now faces slow investment growth. This lower demand has...

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