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Mugabe signs Zimbabwe constitution paving way for vote
1 of 3. Zimbabwe's Prime Minister Morgan Tsvangirai (R) looks on as President Robert Mugabe signs Zimbabwe's new constitution into law in the capital Harare, May 22, ...
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Africa World Bank Announces U.S.$1 Billion Pledge to Africas Great Lakes Region
Africa: World Bank Announces U.S.$1 Billion Pledge to Africa's Great Lakes Region, Targeting Energy, Roads, Agriculture, Cross-Border Trade, Health, and ...
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Amid signs of turmoil S Sudan says oil will flow
JUBA, South Sudan (AP) -- Following a lengthy Cabinet meeting, South Sudan's government spokesman said Wednesday that the country will continue to export oil through Sudan and that there had been only a temporary slowdown in ...
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Official Says Treasury Department Had No Role in IRS Targeting
The Treasury Department's number-two official said his agency played no role in the Internal Revenue Service's targeting of conservative groups. The U.S. tax collecting agency has revealed it subjected Tea Party and other conservative groups seeking non-profit status to extra scrutiny from 2010-2012. In a prepared statement to the House Oversight and Government Reform Committee, ...
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North Korean Envoy Meets With Chinese Official in Beijing
A senior North Korean military official sent to China as a special envoy has met with a top Chinese official, at a time of strained relations between the two traditional ...
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Fresh Clashes Conflicting Claims in Afghanistans Helmand Province
Fighting between Taliban militants and Afghan government forces has erupted in a highly-volatile corner of Helmand province but the extent of the violence is ...
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US Oil Surge Could Impact Mideast Geopolitics
LONDON -- The United States will account for a third of new oil supplies over the next five years, and will become energy self-sufficient in 20 years, according to a new report by the Paris-based International Energy Agency (IEA). Although U.S. oil imports from Arab Gulf countries increased last year, analysts predict the U.S. will lose its dependence on Middle East imports, which is expected ...
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Study Calls for Support for Adolescent Girl Migrants
The international NGO, the Population Council, recently released a report entitled Girls on the Move: Adolescent Girls & Migration in the Developing World. It examined the experiences of adolescent girls who put themselves at risk while seeking new opportunities unavailable in their home villages and towns. It said adolescent migrating girls, who are large in number but often overlooked, are ...
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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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Political uncertainty could slow Madagascars economy- minister
By Alain Iloniaina ANTANANARIVO | Wed May 22, 2013 11:44am EDT ANTANANARIVO May 22 (Reuters) - Madagascar's economic growth could be hit by uncertainty surrounding elections scheduled for the second half of the year, the country's finance minister said. Hery Rajaonarimampianina told Reuters that the economy is currently growing in line with forecasts for a 2.8 percent expansion ...
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Morocco sets final spread on tap of 2022 and 2042 Eurobonds
By Abhinav Ramnarayan Wed May 22, 2013 11:41am EDT LONDON, May 22 (IFR) - The Kingdom of Morocco has set a final spread on a tap of its 2022 and 2042 US dollar bonds. The sovereign, rated BBB-/BBB-, has set a final level of 220bp over US Treasuries for a tap of its USD1bn 4.25% December 2022 note and of 237.5bp over US Treasuries for a tap of its USD500m 5.50% December 2042 note. Initial ...
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Somalia beyond the famine
Under-fives were especially vulnerable (file photo) NAIROBI, 22 May 2013 (IRIN) - Over one million people in Somalia are currently food insecure, according to a ...
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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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Need to develop educational system with African content
He said since the advent of colonization, a new system of education, which lacks African content, had been imposed on the people, making most Africans to imitate foreign ...
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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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Ghana Museums Ladies Association donates to Accra Psychiatric Hospital
Accra, May 22, GNA - The Ghana Museums and Monuments Board Ladies Association, on Tuesday donated items worth GH 630.00 to the Accra Psychiatric Hospital (APH), in ...
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African-Americans retiring earlier with less savings
A new study released Tuesday by Prudential finds African-Americans retire earlier than the general population on average, despite significantly lower retirement savings. About 25 percent of African-Americans surveyed expect to retire before age 60, compared to 20 percent of the general population. Among current retirees, the average retirement age for African-Americans is 56, according to the ...
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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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Nigeria War Amnesty and Oxymoron
Nigeria's Federal Government has agreed to release, rehabilitate and grant amnesty to arrested terrorists and secessionist in its custody. This offer of peace is balanced with a continuous war against those who persist with a secession and terror agenda.Boko Haram leaders have often demanded the release of their arrested members. The Nigerian government has agreed to oblige, while it ...
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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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African Union celebrates 50th year since founding leaders to map out socio-economic gains
ADDIS ABABA, Ethiopia - African nations this week mark the 50th year since the founding of a continentwide organization that spearheaded efforts to liberate Africa from colonial masters. Now leaders want to map out the next 50 years of political and economic integration. Konjit Sinegiorgis was a young diplomat tasked with distributing documents to the assembled heads of state when the founding ...
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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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