Latest Central Africa News
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Cameroon Olympic Committee Holds EXCO Meeting
The meeting was to take stock of the past Olympiad and draw the road map for the next. The executive bureau of the National Olympic and Sports Committee met yesterday at the head office in Yaounde to take stock of the Olympiad just past and draw up plans for the next. The executive members also examined the finances of the movement, evaluated the organization of the 2012 edition of the national ...
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Cameroon Senate - Standing Orders Ready For Adoption
The process of the effective putting in place of Cameroon's Senate is now going at a faster pace as the 25-member Special Commission created by the Provisional Bureau of the Upper House to scrutinize the Private Member's Bill N° 1/PPL/S on the Standing Orders of the Senate, finished its work on May 21, 2013 night. After the commission members, headed by Thomas Tobo Eyoum adopt ...
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Angola Presidents of Angola Equatorial Guinea Assess Cooperation
Luanda - Presidents of Angola and Equatorial Guinea, respectively Jose Eduardo dos Santos and Teodoro Obiang Nguema met Wednesday in Luanda to analyse issues of bilateral interest in various fields of cooperation. The two Statesmen were expected to discuss regional (Central Africa) and international issues in general. Obiang Nguema arrived Wednesday in Luanda for a 24-hour official visit to ...
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Mozambique Mozambique - Mining Resettlements Disrupt Food Water
A railway track used to transport Vale's shipments of coal from their mine in Moatize to the port in Beira. Maputo - Many of the 1,429 households resettled to make way for Vale and Rio Tinto’s international coal mining operations in Tete province, Mozambique have faced serious disruptions in their access to food, water, and work, Human Rights Watch said in a report released today. ...
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Angola to open bourse in 2016 secondary bond market end-2013
Thu May 23, 2013 6:58am EDT * Stock market may open 2015 if used for privatisations * Bourse has been in pipeline for a decade * New plan to open markets gradually By Shrikesh Laxmidas LISBON, May 23 (Reuters) - Angola plans to open its much-delayed stock market in 2016 and could even bring it forward to 2015 if the bourse was used to privatise state-owned companies, the country's Capital ...
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Kenya economy to grow by 6
Nairobi - Kenya's economy is expected to grow by about 6 percent in 2013, up from a growth rate of 4.6 percent last year, driven by growth in sectors like agriculture, the planning minister said on ...
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UPDATE 2-SABMiller sees margin growth after Latam Africa surges
Thu May 23, 2013 6:21am EDT * Sees margin improvement of 20-50 basis points this year * EPS 238.7 U.S. cents vs 239 Thomson Reuters forecast * EBITA in line with mean, below SmartEstimate * Main growth in Latin America, Africa * Shares down 1.7 pct, but outperformed this year By Philip Blenkinsop BRUSSELS, May 23 (Reuters) - SABMiller, the world's second-biggest brewer, forecast margin ...
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Investment to Africa understated by $5b bank report
/enpproperty--> Chinese official data have understated foreign direct investment from China to Africa by at least $5 billion, said the South Africa-based Standard Bank in a report released on Wednesday. "In Africa, evidence suggests that Chinese data may underreport the number of investment projects by as much as two thirds," said Jeremy Stevens, the bank's Beijing-based ...
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AfDB Approves a USD 100 million Risk Participation Agreement with Commerzbank AG to Boost Trade Finance in Africa
The Board of Directors of the African Development Bank (AfDB) approved on Tuesday, May 22, a USD 100 million unfunded Risk Participation Agreement (RPA) between the AfDB and Commerzbank AG under which the two banks will share the default risk on a portfolio of qualifying trade transactions originated by issuing banks in Africa and confirmed by Commerzbank AG. This facility will help address ...
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Ninety held after protests in Tanzania
Dar es Salaam - Tanzanian police have made sweeping arrests after a day of protests in which one person was killed in a southeastern town over a gas pipeline project, the government said on ...
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Rev. Dr. William Charles Fryda Missionary In Kenya Suspended After Challenging Cardinal Njue Nuns
By Fredrick Nzwili Religion News Service NAIROBI, Kenya (RNS) An American missionary priest who is entangled in a dispute with the country's top Catholic cleric and a group of nuns in Kenya over the ownership of two mission hospitals has been suspended from the priesthood by his order. The New York-based Maryknoll Fathers and Brothers suspended the Rev. Dr. William Charles Fryda after he ...
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South Africa Gauteng e-tolling protests intensify
South Africa's largest trade union federation has vowed to shut down all main roads in the country's economic capital Gauteng on Friday as protests against a new e-tolling system gathers ...
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Qatar buys stake in Total’s Congo operations
State-owned Qatar Petroleum International (QPI) has agreed to buy a state in oil giant Total's operations in the Democratic Republic of the ...
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Congo-Kinshasa SA Troops to DRC
A political situation is needed to stabilise the situation in the Democratic Republic of Congo (DRC) rather than using military intervention. This was the view of MPs from the Portfolio Committee on International Relations and Cooperation when the Department of International Relations and Cooperation (DIRCO) presented a report on the political situation in the DRC. The Deputy Minister of DIRCO, ...
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South Africa Minister of Water and Environmental Affairs Edna Molewa Launches the Mining and Biodiversity Guideline and Receives Life - State of South Africas Biodiversity Report
The Minister of Water and Environmental Affairs, Mrs Edna Molewa today, 22 May 2013 on the occasion of the International Day for Biological Diversity (IDB), launched the Mining and Biodiversity Guideline: Mainstreaming biodiversity into the mining sector, in Kirstenbosch, Cape Town. The South African National Biodiversity Institute (SANBI) also handed over the Life: State of South Africa's ...
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Kenya Billboard of Shame to Be Put Up in Eldoret Town
Names of people or companies which engage in corruption in Uasin Gishu county will be put up on a large bill board in Eldoret town. Uasin Gishu governor Jackson Mandago yesterday said corruption is eating up too much revenue meant to improve services in the town and that he will fight the vice. "I have proposed that we put up a large bill board in town so that those we catch engaging in ...
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Kenya Former councillors ask for Uhurus help in send off package stalemate
They lamented that without the gratuity, they were unable to cope with the increasing cost of living, saying they were wallowing in poverty after losing in the March General Elections. Speaking to the press in Kisii town on Thursday, the civic leaders led by former Kisii Deputy Mayor Patrick Siro, they said MPs in the last parliament were each paid Sh3.7 million gratuity but councillors were ...
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Launch of The ONE Campaign 2013 DATA Report Financing the Fight for Africa’s Transformation
Minister Amara Konneh - Minister of Finance, Liberia Minister Ngozi Nkonjo-Iweala - Minister of Finance, Nigeria (TBC) Minister Claver Gatete - Minister of Finance, Rwanda (TBC) Paulo Gomes - Founder, Chairman and CEO, Constelor Investment Holdings, Former Executive Director, World Bank Benoit Chevalier - Head, Resource Mobilization and Allocation, African Development Bank Group Ben Leo - Global ...
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M23 rebels announce ceasefire for U.N. chiefs Congo visit
GOMA, Democratic Republic of Congo (Reuters) - Rebels in eastern Congo announced a ceasefire on Thursday in fighting with government troops hours before a visit to the conflict-plagued zone by U.N. Secretary General Ban Ki-moon and World Bank President Jim Yong Kim. "We've decided to announce this ceasefire to allow His Excellency Ban Ki-moon to visit Goma as he promised," Amani ...
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Rwanda Family Welfare Association Refutes Closure Claims
Rwandan Association for the Promotion of Family Welfare (Arbef) has refuted rumours that its clinics have been closed. "I want to categorically refute these claims; our clinics are operational and have never closed," Arbef board chairman Jerome Mbonirema said at a press briefing yesterday. Claims that Arbef had closed its clinics followed last year's wrangles within the NGO that ...
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Tanzania Mtwara Poised for Gas Glory
ENERGY and Minerals Minister Prof Sospeter Muhongo has expressed optimism that the 400MW gas-fired power project in Mtwara, to provide a big relief to the region's residents, will be successfully implemented. The minister's remarks come in the face of a prolonged tug-of-war pitting residents, security agencies and regional authorities over plans to set up a gas pipeline from Mtwara to ...
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Tanzania Stakeholders for National Fund to Boost Projects
VARIOUS stakeholders have advised the government to introduce a national infrastructure fund to enable the private sector to complement the meagre public budget in developing key projects. Tanzania Shipping Agents Association (TASAA) Chairman Emmanuel Mallya, retired Investment Climate Facility (IFC) Chief Executive Officer, Omari Issa and Rex Attorney's corporate lawyer, Dr Hawa Sinare, ...
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Kenya Lawmaker Seeks More Electricity Distributors
The monopoly enjoyed by electricity distributor Kenya Power may soon end if Parliament passes a motion compelling the government to liberalise the industry. Markwet East MP David Bowen said this will encourage competition in power distribution and reduce inefficiency. "The cost of power in the country scares investors. This House urges the government to find a way to reduce the baggage ...
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Tanzania Dar es Salaam Set to Host Oil Gas Conference
AS the Mtwara and Lindi gas saga rages on, the first ever Tanzania Oil and Gas Suppliers Conference (TOGSC) has been scheduled for late July, aimed at addressing issues pertaining to the value chain. According to a statement issued by the organisers of the event, the conference cum exhibition will bring together key players from the value chain, together with stakeholders from the government ...
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Kenya Equity Bank Kicked Out of Its City Hall Branch
THE county government of Nairobi has ordered Equity Bank to relocate its City Hall branch. In the letter, to the bank City Hall has given Equity six months to move out because it wants open up a restaurant for the County Assembly members. The Star has learnt that Equity Bank chief executive Mwangi has been trying to get an appointment with Nairobi Governor Dr. Evans Kidero. Interim County ...
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Three major African airlines to launch new regional player
West and central Africa may soon have a regional airline to connect the countries of the region and feed the three largest airlines in Africa, especially South African Airways, which has dominance on the continent, although it has indicated it will not provide financial support to such a venture.
There are exciting plans afoot in the African aviation industry the continent’s three largest airlines, South African Airways, Egypt Air and Ethiopian Airlines, considering the establishment of a regional airline in central and West Africa that would feed the larger airlines on loner routes or what they call ‘truck routes’. Read more
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