May 29, 2018

Afreximbank Partners FCSSC, MIAI for $1 billion fund to Support Industrialization, Boost Africa-South Cooperation

Cairo, 29 May 2018: – The African Export-Import Bank (Afreximbank), the Finance Center for South-South Cooperation (FCSSC) and the Made-in-Africa Initiative (MIAI) have announced a joint effort […]
May 29, 2018

Afreximbank Announces $2 Billion Financing Support to Angola

Cairo, 29 May 2018: – The African Export-Import Bank (Afreximbank) is arranging up to $2 billion in financing support to Angola, Bank President Dr. Benedict Oramah has […]
May 29, 2018

South Africans’ anger over land set to explode

South Africans' anger over land set to explode Image copyright AFP "Africa is for black people. Period. We need our land back and we're going to take it by force," said a woman amongst an angry crowd trying to occupy a field on the north-eastern edge of Johannesburg in South Africa. She is wearing a red beret indicating her support for the Economic Freedom Fighters (EFF), a small, radical party which advocates the nationalisation of all land in South Africa. In a country grappling with so many different challenges, land reform has recently emerged as a dominant and potentially explosive issue - the focus of furious political contestation and increasingly inflammatory rhetoric. The field was empty, overgrown, unused, and far too much of a temptation. "This is my boundary," said 50-year-old Christina Mashaba, striding through the long grass and pointing to a stick she had pushed into the ground, some 15 yards (13m) away. "It's going to be my home… if the government will l..
May 29, 2018

Ethiopia frees abducted Briton Andargachew Tsege on death row

Ethiopia frees abducted Briton Andargachew Tsege on death row Image copyright Kalkidan Yibelta Image caption A huge crowd gathered at Mr Andargachew's house to celebrate his release British citizen Andargachew "Andy" Tsege, who was being held on death row in Ethiopia, has been freed. He has been greeted by jubilant relatives and supporters at his family home in the capital, Addis Ababa. The Ethiopian government had accused him of plotting a coup and he was sentenced to death in absentia in 2009. Almost four years ago, he was apprehended at an airport in Yemen while in transit and turned over to the Ethiopian authorities. He denied the charges and was pardoned on 19 May, along with 575 other inmates, as part of the Ethiopian government's current effort to promote reconciliation. More about Ethiopia Ethiopia to release political prisoners Mr Andargachew, a father of three, fled Ethiopia in the 1970s and sought political asylum in the UK. He was the secretary-general of bann..
May 29, 2018

Libya rivals agree ‘historic’ election plan

Libya rivals agree 'historic' election plan Image copyright AFP Image caption Self-styled general Khalifa Hafta (R), whose fighters control the east of the country, was one of those who agreed to the plan Rival factions in Libya have agreed to hold parliamentary and presidential elections on 10 December. The four groups, meeting in the French capital, Paris, also agreed to adopt the necessary laws by mid-September. French President Emmanuel Macron described the accord as historic and an essential step towards reconciliation. Libya has been in a state of lawlessness since the toppling and killing of Colonel Muammar Gaddafi in 2011. Africa Live: More on this and other stories How realistic are Libya's election plans? Why is Libya so lawless? The North African nation is now controlled by disparate armed groups and fighting is continuing in the east and south of the country. European leaders see stabilising Libya as key to tackling jihadist threats and migration from the c..
May 29, 2018

AN EXTRAORDINARY AFC MEETING ON INSTITUTIONAL REFORM

The Chair of the Administration and Finance Committee (AFC) of the Commission of the Economic Community of West African States (ECOWAS), Ambassador Kadangha Bariki Limbiyè of Togo, whose country currently holds the chairmanship of ECOWAS, called for a restructuring of the regional organisation. In his speech at the opening, on Monday 28 May 2018, in Lomé, Togo, of an extraordinary AFC meeting on institutional reform, Mr Limbiyè reminded the audience of the importance of this reform for ECOWAS. “This reform will provide ECOWAS with a new impetus for efficiency and pragmatism, to meet the requirements of modern governance rules that demand both soundness and thoroughness,” he said. Limbiyè said it was therefore imperative to complete the restructuring of the Commission and other ECOWAS institutions in order to improve their intended operational efficiency and save resources for projects and programmes that would benefit West African citizens. “To mark a radical change in its governa..
May 29, 2018

Mozambique ‘jihadists behead’ villagers

Mozambique 'jihadists behead' villagers Image copyright AFP Image caption Security has been increased in Cabo Delgado province since attacks blamed on Islamist militants began in October At least 10 people have been beheaded in northern Mozambique by suspected Islamist militants, officials say. Children are reported to be among those targeted in the attack on Monjane village in Cabo Delgado province, a hub for mining and petroleum exploration. An Islamist militant group has carried out sporadic attacks in the region in the last year. It is believed to be making millions of dollars from selling timber and rubies. Known locally as al-Shabab, the group was formed in 2015 as a religious organisation and has no known links to the Somali jihadist group of the same name. Africa Live: More on this and other stories More about Mozambique One of the victims of the weekend attack was the leader of Monjane village, a local resident told the AFP news agency. "They targeted the chief as..
May 29, 2018

MESSAGE OF THE PRESIDENT OF THE COMMISSION ON THE 43RD ANNIVERSARY OF ECOWAS

Dear ECOWAS Citizens, As we commemorate the 43rd anniversary of ECOWAS, I wish first of all, to pay glowing tribute to the founding fathers and those who took on the baton, for the great strides we have made due to their vision and determination. These pioneers, who were visionaries as well as activists, deserve our deep gratitude since, thanks to them, we can today enjoy the benefits of their achievements and look confidently to the future. Whilst I say this, I am of course mindful of the fact that in spite of the shocks due to the fall in commodity prices and the crises which hit the global economy, our Community has recorded acceptable levels of growth, exceeding 7% in some countries. I also call to mind the genuine progress we have made, some of which I would like to mention. They are: • the further deepening of the democratic culture in our region, accompanied with even greater effectiveness in conflict and crisis prevention and resolution, due particularly to an efficient e..
May 29, 2018

Paris balcony boy’s family thank Mali ‘Spiderman’ Mamoudou Gassama

Paris balcony boy's family thank Mali 'Spiderman' Mamoudou Gassama Media playback is unsupported on your device Media captionMalian 'spiderman' rescues Paris child - then meets French president The family of a small boy dramatically rescued after dangling from a balcony in Paris have expressed their gratitude the Malian man who saved him. "He's truly a hero," the boy's grandmother said of migrant Mamoudou Gassama, who scaled four floors to pluck the child from danger. The four-year-old's father, who had left him in the fourth-floor flat and gone shopping, faces charges of failing to look after his child, reports say. Mr Gassama is to be given citizenship. President Emmanuel Macron personally thanked him, gave him a medal for courage and said he would also be offered a role in the fire service. The boy had left Réunion, where his mother and grandmother live, about three weeks ago and moved to Paris to join his father, who was working there. His m..
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