DR Congo gets US$ 7bn debt cancellation

afrol News - Monday 20th May, 2013

The main creditors of Congo Kinshasa (DRC) have agreed to cancel Congolese foreign debts totalling US$ 7.35 billion. Much of the unsustainable debt was accumulated under ex-Dictator Mobutu Sese ...

Gabon nets US$1.7bn Singaporean investments

afrol News - Monday 20th May, 2013

Gabonese authorities have managed to secure investments worth a total of US$ 1.7 billion from Singapore, including a new fertilizer plant to be set up outside Port Gentil and palm oil ...

Uganda police raid newspaper over generals letter

San Diego Union-Tribune - Monday 20th May, 2013

KAMPALA, Uganda -; Witnesses say police in Uganda forcibly entered the offices of an independent newspaper to search for evidence against an army general who questioned the president's alleged plan to have his son succeed ...

Brazils da Silva wins Zambia Golf Open title

Global Times - Monday 20th May, 2013

Brazilian Adilson da Silva claimed the Zambia Golf Open title with an overall 11-under-par score to become only the sixth golfer in the history of the championship to win the crown twice, the Times of Zambia reported on Monday.The Brazilian, winner of the Zambia Open in 2010, scored a modest 73-par but this was enough to win the title by one stroke after his two main competitors faltered as they ...

Congos army clashes with rebels near eastern city of Goma

Reuters - Monday 20th May, 2013

KINSHASA (Reuters) - Congolese soldiers clashed with rebel fighters for the first time in nearly six months on Monday near the city of Goma, just days before U.N. Secretary-General Ban Ki-moon is due to visit the troubled eastern ...

Rwanda University Students Construct House for Genocide Survivor

All Africa - Monday 20th May, 2013

Students from the School of Finance and Banking (SFB) in partnership with Miss SFB, contributed at the weekend in the construction of a house for a homeless Genocide survivor, Angelique Kayinamura, in Kicukiro District, Kigarama Sector, Kigali City. The students said they used to commemorate Genocide by visiting various Genocide memorials but this year they chose to approach Genocide survivors ...

Kenya Jubilee Takes Charge of 2 Committees

All Africa - Monday 20th May, 2013

THE Jubilee Coalition has taken charge of two departmental committees in the National Assembly. Just a day after the House approved membership of 24 out of the 28 committees, members of four departmental committees were called upon to elect their chairpersons yesterday. The four were the committees on Budget and Appropriations, Delegated Legislation, Administration and National Security and ...

Rwanda Empower People to Achieve Democracy Says Kagame

All Africa - Monday 20th May, 2013

President Paul Kagame has said that democracy can be achieved when people are empowered and developed for a better life. The Head of State was speaking yesterday at the 5th Annual Oxford Africa Business Conference at Sai;d Business School in London, United Kingdom, where he was invited by the institution's authorities as the guest speaker. The university conferred on Kagame the ...

Kenya Bureaucracy Delays Small Firms Listing

All Africa - Monday 20th May, 2013

Long approval processes at the Nairobi Securities Exchange are delaying the listing of small firms at the bourse despite the existence of the Growth Enterprise Market Segment (Gems). The segment which was regularised in January this year, is yet to list any firm owing to various levels of approvals. The first firms are expected in about four months. This is despite the fact that the segement ...

Uganda Kagulu Opens Tourism Doors

All Africa - Monday 20th May, 2013

Well, multitudes of people recently converged at Kagulu rock for the unveiling of the site as yet another tourist attraction in Busoga. The landmark event, sponsored by The Observer, among other entities, was graced by President Yoweri Museveni, who pledged Shs 100m towards the development of the site. Kagulu rock is one of the three sites the government intends to develop to add on the Busoga ...

Rwanda Rwanda Is Not a Small Country Says Kagame

All Africa - Monday 20th May, 2013

President Paul Kagame has said that Rwanda is not a small country as some people may think because the country's people are determined to own it's development process and choose their destiny. The head of state made the remarks yesterday in London, UK, while addressing about 3,000 Rwandans, most of them living in the diaspora. The colourful event that was preceded by performances by ...

Rwanda Survey Unearths 60000 Land-Related Cases

All Africa - Monday 20th May, 2013

A survey conducted between 2010 and 2012 identified at least 60,000 land-related cases that need urgent response to settle wrangles in ten districts. The survey was conducted by Rwanda Initiative for Sustainable Development (RISD) in ten districts of Kirehe, Kayonza, Karongi, Rubavu, Musanze, Kamonyi, Muhanga, Nyaruguru, Gasabo, and Kicukiro. "There are various reasons we identified why ...

Rwanda Diaspora Can Help Fuel Rwandas Technology and Digital Ambitions

All Africa - Monday 20th May, 2013

AS RWANDA Day 2013 comes to London for the first time, let me take this opportunity to talk about the role that the Rwandan business community in the diaspora can play by embracing the creation of Rwanda startup culture and make a difference in creating much needed jobs at the same time benefiting from the growth of the ICT sector. Rwanda Day is a periodical event that is held in different ...

Rwanda Nur Coach Nyirimana Eyes V-Ball League Title

All Africa - Monday 20th May, 2013

National University of Rwanda head coach Fidele Nyirimana alias Fidjo believes his side can win the league title this season. NUR are tied on points with the Institute of Agriculture and Technology of Kibungo (INATEK) going into their meeting in today's stage five round of matches at the former's gymnasium. The winner will go two points clear at the top in Group Three. Eight-times ...

Uganda Govt Releases Sh1.2 Trillion for Last Quarter

All Africa - Monday 20th May, 2013

The Government has released money to ministries, departments and local governments for the last quarter of this financial year. The release is in line with the 2012/13 budgetary allocations endorsed by Parliament last year. The commissioner in charge of budget and evaluation in the Ministry of Finance, Kenneth Mugambe, disclosed that the total release for the quarter was sh1.2 trillion. ...

Tanzania Dar es Salaam Bourse Record Outstanding Performance

All Africa - Monday 20th May, 2013

THE Dar es Salaam bourse recorded outstanding performance last week with turnover rising to 2.43bn/-, which is 514.7 per cent high compared o 395m/- of the previous session. The increased trading activity at the market was buoyed by the banking and industrial segments. The Tanzania Securities Limited (TSL) weekly market report shows that shares which changed hands at the bourse rose to ...

Rwanda Rwandan Films Among Want-to-See Titles At Seattle Film Festival

All Africa - Monday 20th May, 2013

ON MY first pass through the annual Seattle International Film Festival lineup, it's easy enough to find a few want-to-see titles: a movie by director X, whose previous film was top-notch; a film starring Y, an actor always worth watching; a documentary about Z, some subject of interest. This year, Z actually stands for "zombie," but we'll get to that. Aside from the ...

Rwanda Schools Rewarded for Promoting Reading Culture

All Africa - Monday 20th May, 2013

APE Rugunga emerged winner of the inaugural reading and writing competition that was held at Rwanda Library Services, an event organised by the Ministry of Sports and Culture among other partners. Seventeen schools participated in the competition where Petit Seminaire Ndera, Lycee Notre Dame de Cîteaux, Christ-Roi Nyanza and HVP Gatagara were also among the top five. The top five schools ...

Rwanda Ferwafa Minispoc Should Task Clubs to Invest in Youth

All Africa - Monday 20th May, 2013

If you take a deep analysis of sports development and particularly football; you realize that the strength and potential of the club to perform well consistently requires a good youth foundation. Football management is not always about buying the best players; it can also be about identifying and developing the potential of young players for the future of the club. For the case of Rwanda, ...

Kenya Bomet County Reps Reject Budget

All Africa - Monday 20th May, 2013

County representatives in Bomet have refused to approve the county supplementary budget for a second time over a stalemate on the county assembly allocation. The representatives on Thursday forced the Committee on budget and appropriation to withdraw a motion to debate and approve the budget saying their earlier calls to have the budget amended have not been factored. They said the budgetary ...

Rwanda Agaciro Exported to London

All Africa - Monday 20th May, 2013

The Rwanda Day event held in London this year marked another successful milestone when thousands turned up for the event. The now popular event is another rare initiative that has come to attract many foreigners, who have a chance to interact with the President and pose questions in any area of their choice and receive frank answers. Most of the foreigners and friends of Rwanda had nothing but ...

Rwanda Kajuga Targets to Win Kigali Half Marathon

All Africa - Monday 20th May, 2013

RWANDA'S leading middle distance athlete Robert Kajuga is optimistic on staging a conquering performance when the ninth edition of the Kigali Peace Marathon sets off today at Amahoro National Stadium. Speaking to Sunday Sport on Friday, Kajuga said, I have done thorough training for the race keeping in mind that I want to win this year's half marathon title. "We have not trained ...