Latest Central Africa News
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Qatar Petroleum Takes 15 Stake in Total EP Congo
Qatar Petroleum International (QPI) and Total announced the signing of a framework of Agreement whereby QPI will participate in Total E&P Congo through its subscription to a 15 percent share capital increase of this company. This participation reinforces Qatar's commitment to invest in Africa and illustrates Congo's willingness to welcome Qatar as a new partner. Furthermore, thanks ...
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UN Suggests Africa Review Nature of International Nexus
By Ulises Canales, special envoyAddis Ababa, May 22 (Prensa Latina) Africa needs to review the nature of its relations with the international community, U.N. Deputy Secretary General Carlos Lopes advised today, outlining three strategic themes for bringing about a structural transformation of the continent. "This means insisting on more beneficial associations to strengthen changes in the ...
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Middle East North Africa - Rights situation in post-revolutionary Arab countries remains dire
Two years after the "Arab Spring" swept the Arab region and led within months to the ouster of the autocratic rulers in Egypt, Tunisia, Libya, and Yemen, the state of human rights in these countries remains dire and the chances for democratic transition face major challenges. Arab countries which were less affected by the "Arab Spring" also continue to witness serious human ...
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Africa must increase competitiveness or jeopardize future growth report warns
It said the strides made by African economies in achieving economic growth must be accompanied by efforts to boost long-term competitiveness if the continent is to ensure sustainable improvements in living ...
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Africas hot bond market could overheat as U.S. funds pile in
By Tim McLaughlin BOSTON | Wed May 22, 2013 11:28am EDT BOSTON May 22 (Reuters) - U.S. investors searching desperately for higher yields are piling into Africa's emerging bond markets but may not be getting paid enough for the chaos and uncertainty still stalking sub-Saharan countries, some portfolio managers said. Emerging market debt funds have outperformed nearly every other bond ...
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Mugabe Paves The Way For Zimbabwe Elections
President Robert Mugabe has cleared the path to crucial elections later this year by signing Zimbabwe's new constitution into law. The 89-year-old, who has ruled Zimbabwe since independence from Britain in 1980, signed the document two months after it was overwhelmingly approved by Zimbabweans at a referendum. "This is a happening of joy, great joy indeed," Mr Mugabe said at ...
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Zimbabwe gets a new constitution
Zimbabweans overwhelmingly approved a new draft constitution paving way for elections scheduled for later this year, the country's electoral commission announced Wednesday. The Zimbabwe Electoral Commission (ZEC) announced that the draft constitution had received 3,079,966 votes, just fewer than 93 percent of the votes ...
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S.Africas FirstRand no longer keen on Nigerias Enterprise
JOHANNESBURG | Wed May 22, 2013 11:17am EDT JOHANNESBURG May 22 (Reuters) - South Africa's FirstRand is no longer considering an acquisition of Nigeria's Enterprise Bank, although it is still keen on rivals Keystone and Mainstreet, its chief executive said on Wednesday. FirstRand, South Africa's second-largest bank by value, had said previously it was looking at buying one ...
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East Africa EALA Urges Leaders to Assent to One Stop Border Posts Bill
The East African Legislative Assembly (EALA) MPs have appealed to regional heads of state to urgently assent to the long-awaited One Stop Border Posts Bill that was passed last year in Kigali to facilitate trade and movement of people within the Community. The former Busiro East MP and now member of EALA ,Susan Nakawuki , told journalists that the bill will remove bureaucracies at the border ...
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Rapid Climate Change In South Africa Linked To Cultural Innovation In The Middle Stone Age
Image Credit: Middle Stone Age Silcrete bifacial points, engraved ochre and bone tools from the c. 75 - 80,000 year old M1 & M2 phases at Blombos cave. Image copyright held by author, Chris Henshilwood. Photo by Henning ...
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The anatomy of a Mozambique land deal
Local leaders at a recent meeting in Bandeze discuss the impact of a plantation project in the area NIASSA, 22 May 2013 (IRIN) - A multi-million dollar "ethical" plantation development in northwestern Mozambique - the initiative of a clutch of Scandinavian faith-based organizations - has faced alleged acts of sabotage by the very people it was designed to assist, illustrating the ...
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SA’s Africa Day Awareness Lagging Behind
However the responses we received were rather disappointing. Africa Day is an annual commemoration of the historic 1963 meeting of leaders of 32 independent African states to form the OAU, now simply known as African Union ...
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New Zimbabwe constitution can usher in new culture of human rights
Zimbabwe's new constitution presents a golden opportunity for the country to break away from a culture of impunity for human rights violations, Amnesty International said today.President Robert Mugabe today signed into law a new constitution, following a three-year constitution-making process to replace the Lancaster House constitution adopted at independence in 1980."The new ...
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Zimbabwes Mugabe signs new constitution into law
President Robert Mugabe on Wednesday signed Zimbabwe's new constitution into law, clearing the path to crucial elections later this year. The longtime ruler inked the document two months after it was overwhelmingly approved in a referendum. "This day is an historic day, it's about the future," Constitutional Affairs Minister Eric Matinenga said at the signing ceremony, held ...
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MIDEAST DEBT-Africa tempts Gulf bond investors
By Rachna Uppal and Mala Pancholia DUBAI | Wed May 22, 2013 10:00am EDT DUBAI May 22 (Reuters) - The lure of sub-saharan Africa, with its geographic proximity and promise of higher returns, is tempting cash-rich Gulf Arab bond investors to look south, a marked departure from the relative comfort and familiarity of the Middle East. Gulf investment in Africa is not a new trend, with ...
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Zimbabwe Global Fund Project in Zimbabwe Uses Technology to Improve Data Collection
A project being implemented under a Global Fund grant will improve Zimbabwe's health information systems by providing Internet connection infrastructure for 82 urban and rural sites. The Zimbabwe project is just one of many similar projects around the world where modern communications technology is being used to enhance data collection. The project is part of a Round 8 health systems ...
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Angola Governor Happy With Healthcare in Bengo
Caxito - The governor of northern Bengo province, João Bernardo de Miranda, said Tuesday in Caxito that the health sector in the region has social infrastructures that ensure a personalised medical care to residents. The governor who was speaking to Angop, added that the region has a health network with more than 96 units among hospitals, health centres and posts. The head of Bengo ...
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South Africa Western Cape Minister for Finance Economic Development and Finance Alan Winde Announces Spaces for Broadband Networks Pilot Phase
The Violence Prevention through Urban Upgrading (VPUU) area in Khayelitsha has been selected as one of the first spaces to be linked to the broadband network. The Western Cape Government's broadband network will play a major role in transforming residents' lives, says Minister of Finance, Economic Development and Tourism, Alan Winde. "As a major business hub in one of our ...
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Namibia Namibia Strikes Oil Deposit
Windhoek - After spending millions of dollars on exploratory drilling, Brazilian oil and gas exploration company High Resolution Technology (HRT) and local businessman, Knowledge Katti, announced yesterday they found a liquid oil presence off the Namibian coast. However, the drilling results for this first well show that the rock penetrated does not contain commercially viable oil reserves. The ...
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Zimbabwe PM Chinese investment welcomed
Zimbabwe's Prime Minister Morgan Tsvangirai on Wednesday said Chinese investments are welcomed and he hopes the economic ties can be further strengthened after Zimbabwe's elections.Tsvangirai told visiting Chinese Vice Premier Wang Yang that Zimbabwe's new constitution, which was signed into law Wednesday, provides strong protection for foreign investments.Chinese businesses form ...
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France beefs up Africa Middle East embassy security
PARIS, May 22 (Reuters) - France will invest about 20 million euros ($25 million) to increase security for diplomats and embassies in the Middle East and Africa after its mission in Libya was targeted by a car bomb in April, the Foreign Ministry said on Wednesday. Spokesman Philippe Lalliot confirmed an email sent by Foreign Minister Laurent Fabius to staff on Tuesday saying the measure ...
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U.N. says elephant ivory funds violence in Africa
The illegal trade in elephant ivory may constitute an important source of funding for armed groups, including the Lord's Resistance Army, threatening peace and security in central Africa, U.N. Secretary-General Ban Ki-moon said in a report to the Security ...
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Kenya truth report shows assassinations land grabs corruption plagued its past governments
NAIROBI, Kenya - Kenyan President Uhuru Kenyatta has received a long-awaited Truth Justice and Reconciliation Commission report whose findings show that his father, the country's first president, presided over a government responsible for numerous human rights violations, including political assassinations and illegal allocation of land. The report released late Tuesday also finds that two ...
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Kenya Govt to Renegotiate EU Trade Deal
The government will in the next two months conclude a deal that will ensure goods from Kenya continue enjoying tax-free market in European Union countries. Deputy President William Ruto said the government will ensure the Economic Partnership Agreement is signed. He said Kenya will negotiate with East African countries over the same agreement. "It is our responsibility as a government to ...
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Uganda Sri Lanka Uganda Agree to Stronger Links
Kampala - Uganda signed a bilateral trade partnership with the Democratic Socialist Republic of Sri Lanka last week. President Mahinda Rajapaksa was in Uganda to hold talks with President Yoweri Museveni and meet a cross section of the business community. He also officially opened the new Sri Lanka High Commission in Kampala. This is expected to strengthen the diplomatic and business ...
Africa Featured
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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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