May 2, 2018

“Success of AfCFTA Depends on Creation of Traded Goods by Private Sector,” says Afreximbank President

Cairo, 29 April 2018(CABNCTV) – The success of the African Continental Free Trade Area (AfCFTA) will rest significantly on the ability of the continent’s private sector to […]
May 2, 2018

President of Afreximbank Addresses Guests at the Harvard Kennedy School in Boston, U.S.

Cambridge, United States, 30 April 2018: Industrialisation and African Diaspora investment are key to raising Africa’s capital stock which will trigger faster economic growth and development […]
May 2, 2018

Libya violence: Twelve killed in Tripoli election HQ attack

Libya violence: Twelve killed in Tripoli election HQ attack At least 12 people have been killed and several injured in an attack on Libya's electoral commission headquarters in the capital, Tripoli, officials say. At least one suicide bomber blew himself up while other armed assailants stormed the building and set it on fire, they say. Voters have been registering for elections expected before the end of the year. Libya has been in turmoil since Muammar Gaddafi was ousted in 2011. After his 42-year rule, the country remains under the control of myriad rival armed groups. Although many observers have questioned whether an election can be secured in the politically and militarily divided country, the international community appears hopeful that it would give the troubled North African state a fresh start. Updates on this and the rest of Africa's news How realistic are Libya's election plans? Why is Libya so lawless? Electoral commission spokesman Khaled Omar told Re..
May 2, 2018

Zimbabwe opposition MDC ‘will expel Chinese investors’

Zimbabwe opposition MDC 'will expel Chinese investors' Image copyright AFP Image caption Nelson Chamisa, 40, said the new government did not care about ordinary workers A Zimbabwean opposition leader has vowed to expel Chinese investors if he wins elections due in July. "They are busy asset-stripping the resources of the country," Nelson Chamisa said at a May Day rally in the capital, Harare. The presidential polls will be the first since the resignation of long-serving ruler Robert Mugabe last year. China is Zimbabwe's fourth largest trading partner and its largest source of investment. Why China matters to Zimbabwe's leaders BBC Africa Live: More on this and other stories Mr Chamisa took over as leader of the opposition Movement for Democratic Change (MDC) party in February. President Emmerson Mnangagwa, whose nickname is "Ngwena" meaning "the Crocodile" in the Shona language, will contest the election on the ticket of the ruling Zanu-PF party. He is a strong ad..
May 2, 2018

AGRO-ECOLOGICAL TRANSITION SUPPORT PROJECT IN WEST AFRICA IS NOW A REALITY

Eight (8) million euros is the amount budgeted for the Agro-ecological Transition Support Project in West Africa (AETSP), which was launched on 27 April 2018 in Abuja, Nigeria. The launch ceremony of the project was chaired by the ECOWAS Commissioner for Agriculture, Environment and Water Resources, Sékou Sangaré and the Director of the Grand Sahel Regional Unit of the French Development Agency (AFD), Philippe Chedanne in the presence of Denys Gauer, Ambassador of France to Nigeria. The project is aimed at backing agro-ecological transition in West Africa through the financing of field projects that support agro-ecological intensification and the exchange of experience, in order to contribute to the development of public policies in the sector. It will be spread over 4 years (2018-2021) and it currently covers Cote d’Ivoire, Burkina Faso, Mali, Senegal and Togo. The implementation of the project is being coordinated by the Regional Agency for Agriculture and Food (ARAA) with the te..
May 2, 2018

ECOWAS MEMBER STATES’ REPRESENTATIVES ENDORSE THE DRAFT ECPF 2018-2020 PLANS OF ACTION

Subject to further amendments as maybe necessary, participants at the consultative workshop which ended in Lagos, Nigeria on the 26th of April 2018, have adopted the draft 2018-2020 ECOWAS Conflict Prevention Framework (ECPF) Plans of Action (PoA). After a diligent review of the draft Action Plans proposed for the 15 ECPF Components and the accompanying draft budget proposals prepared to ensure implementation of the Action Plans, participants identified the level of involvement and support required from the ECOWAS Member States to ensure effective implementation of the ECPF PoA and committed to fully support the unhindered implementation of same at the national levels. During the plenary and group sessions of the Workshop, desirable improvements were made on the working documents in order to make them more responsive to peace-building needs taking into cognizance emerging trends and threats. The broad recommendations also calls for immediate action to thoroughly revise the draft b..
May 1, 2018

Letter from Africa: Thomas Mapfumo, Zimbabwe’s lion, roars for his fans

Letter from Africa: Thomas Mapfumo, Zimbabwe's lion, roars for his fans Image copyright AFP In our series of letters from Africa, journalist-turned-barrister Brian Hungwe reflects on the return from exile of Zimbabwean musician Thomas Mapfumo four months after Robert Mugabe's resignation as president. Known to his fans as the "Lion of Zimbabwe", Mapfumo has long been a figure of protest. His music was the soundtrack during the fight for independence and some of his songs were later banned by state-owned media under Mr Mugabe's government. So the crowds roared with delight this weekend to have the 72-year-old music legend back on stage in the capital, Harare, after 14 years in self-imposed exile in the US. He played until the early hours of Sunday morning, revealing a deep nostalgia for his distinctive style of struggle music, known as "chimurenga", which first gained him recognition during the war against the white-minority rule in the 1970s. It is a haunting combinatio..
May 1, 2018

CAR: At least 15 killed in Bangui church attack

CAR: At least 15 killed in Bangui church attack At least 15 people, including a priest, have been killed in an attack on a church in the Central African Republic (CAR). Gunmen armed with grenades targeted the Notre-Dame de Fatima church in the capital Bangui during mass on Tuesday. The incident took place near the predominantly Muslim PK5 neighbourhood, where 28 people were killed during clashes last month. The CAR has faced several years of ethnic and religious conflict. In 2013, Muslim rebels from the Seleka umbrella group seized power in the majority-Christian country. A band of mostly Christian militias, called the anti-balaka, rose up to counter the rebels. Country profile: Central African RepublicLocal sources said that the death toll of Tuesday's attack was at least 15, while French international radio station RFI quoted the Red Cross in the CAR as saying that at least 16 people had been killed and 99 injured. Angry crowds carried the body of the slain priest towards the p..
May 1, 2018

How Trump stirred controversy in Nigeria

How Trump stirred controversy in Nigeria Media playback is unsupported on your device Media captionNigerian president responds to Trump slur Nigeria's Muhammadu Buhari became the first president from sub-Saharan Africa to visit Donald Trump's White House on Monday. But even after they neatly avoided Mr Trump's alleged comments about "shithole" African countries, the US president managed to stir controversy in Nigeria, writes the BBC's Stephanie Hegarty from Lagos. Perhaps warning bells rang when Mr Trump started off asking Mr Buhari how he was getting on with "that Boca Haram", a reference to militant Islamist group Boko Haram. But then again, maybe that slip of the tongue was predictable. Less so was what he said next, as the former reality television star weighed in on the conflict between herdsmen and farmers in Nigeria's Middle Belt - or the way in which he would frame it. "We have had very serious problems with Christians who are being murdered in Nigeria..
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