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"We live in a very competitive world and the sub-region needs to be improved to be able to join the world in the areas of information technology," Mr Ousmane Mahamane, Speaker of ECOWAS Parliament and former President of Niger, stresses the importance of ICT education for community development as part of plans outlined by the regional body to raise ICT awareness.
AFRICAN POLITICS
Togo's opposition leader not to seek recourse from constitutional court – Xinhua News (CHN)
10 March 2010
Togo's main opposition party leader Jean-Pierre Fabre says he will not seek justice from the constitutional court in fight against the elections results which he fears rigged. Full Story
Nigerians march to demand ailing leader's appearance - Reuters (US)
10 March 2010
Hundreds of Nigerians gathered in the capital Abuja on Wednesday for a march to the presidency to demand the appearance of ailing leader Umaru Yar'Adua, two weeks after he returned from a Saudi hospital. Full Story
Gabon president ties UN peace costs to climate – eTaiwan News (TW)
10 March 2010
Gabon's president is urging world leaders to reduce the costs of U.N. peacekeeping by doing more to prevent armed conflicts in the first place including adopting long-range plans on climate change. Full Story
AFRICAN ECONOMY
Africa is back from the crisis, IMF – The Namibian (NAM)
9 March 2010
Africa is recovering from the global economic crisis and could see growth of 4,5 per cent in 2010, International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn said yesterday. Full Story
Weakening rand would be 'very short-sighted' – IMF – Business Day (SA)
9 March 2010
Devaluing the rand would be a "very short-sighted" move for South Africa to make, International Monetary Fund (IMF) MD Dominique Strauss-Kahn said on Tuesday. Full Story
SA looks at reinstating aluminimim import duties – Business Day (SA)
9 March 2010
South Africa would consider reinstating import duties for aluminium on economic grounds, but industry would need to apply formally for the measure, Trade and Industry Minister Rob Davies said on Tuesday. Full Story
AFRICAN BUSINESS
Banking and Finance
Angolan bank BCI launches micro-credit programme – Macau Hub (MAC)
10 March 2010
Angolan bank Banco de Comércio e Indústria (BCI) has launched a micro-credit programme that is expected to benefit 50,000 people across the country by 2012, the bank’s chairman, Adriano Silva said in Sumbe. Full Story
Stanbic gets Shs60b to lend to small business – Daily Monitor (UG)
10 March 2010
The French government has given $30 million (about Shs60 billion) to Stanbic Bank Uganda, to enable it offer credit to the private sector. Full Story
Oil and Energy
Kenyan Electricity Costs to Fall on Increased Rains – Bloomberg (US)
10 March 2010
Power costs in Kenya, East Africa’s largest economy, may fall as seasonal rains raise water levels at the nation’s hydroelectric plants, Kenya Power and Lighting Co., the country’s only distributor of electricity, said. Full Story
Tullow Says Gazprom, Namcor to Help Develop Namibian Gas Field - Bloomberg (US)
10 March 2010
Tullow Oil Plc, the U.K. explorer with the most drilling licenses in Africa, said OAO Gazprom may join its Namibian Kudu project. Full Story
Namibia considers its nuclear options – Business Day (SA)
9 March 2010
Namibia plans to adopt nuclear power as a source of energy over the next 15 to 20 years. "We have made a decision to build a nuclear power plant," confirmed Namibian Mines and Energy Minister Erkki Nghimtina to Engineering News Online at the International Conference on Access to Civil Nuclear Energy in Paris on Tuesday. Full Story
Transnet confirms R2,75bn rise in pipeline cost, year delay – Engineering News (SA)
9 March 2010
State-owned transport utility Transnet has confirmed that the cost of its new multiproduct petroleum pipeline (NMPP) from Durban to Gauteng has escalated by R2,75-billion to R15,42-billion, and that the project will be completed a full year later than initially scheduled. Full Story
Metals and Mining
Matola coal terminal in Mozambique doubles processing capacity to 4 million tons per year – Macau Hub (MAC)
10 March 2010
The Matola coal terminal has doubled its processing capacity from 2 to 4 million tons per year, with a new expansion project underway to take capacity to 6 million tons, according to Mozambican newspaper Notícias. Full Story
Ghana Planning to Sell Diamond Mine, Timber Plantation, Sawmill – Bloomberg (US)
10 March 2010
Ghana plans to sell a diamond mine, a plantation and a sawmill as part of a sale of state assets, the Divestiture Implementation Committee said. Full Story
Keangnam Sells Madagascar Nickel Mine Stake for 35.1 Billion Won – Bloomberg (US)
10 March 2010
Keangnam Enterprises Ltd., a South Korean builder, agreed to sell stake in a Madagascar nickel mine to state-run Korea Resources Corp. for 35.1 billion won ($31 million). Full Story
Technology and Communications
GNA ECOWAS parliament to create awareness relevance of ICT in schools – Ghana Web (GH)
10 March 2010
The ECOWAS Parliament has set an agenda to create awareness in the sub- region on the importance of Information, Communication and Technology (ICT) in education. Full Story
Microsoft SA partners local government in IT skills development– IT News (SA)
9 March 2010
Microsoft South Africa, The South African Local Government Association (SALGA), the Local Government Sector Education Training Authority (LG SETA) and the Development Bank of Southern Africa (DBSA) have signed a public-private partnership aimed at improving the use of technology and injecting IT skills into the local … Full Story
Transport and Infrastructure
FG to site new towns in oil producing areas – The Vanguard (NG)
10 March 2010
Chairman, Infrastructure Sub-Committee of the Amnesty programme and Minister of Niger Delta Affairs, Chief Ufot Ekaette, said, yesterday, the proposed new towns would be sited in selected oil producing communities in the nine states which make up the Niger Delta region. Full Story
Transport Operators Whine about Inspections - Club of Mozambique (MZ)
10 March 2010
The Mozambican authorities have refused to surrender to pressure from transport operators who want the government to abandon or modify the compulsory inspection for all motor vehicles that was introduced on 1 February. Full Story
Agriculture
Bakhresa commits Rwf13.7 bn to wheat milling – The New Times (RW)
10 March 2010
Bakhresa Group, a regional grain milling company has invested $24 million (Rwf13.7 billion) in Rwanda as part of its expansion drive. Full Story
Other
China's CFPA donates medical equipment to Sudan's BTO – Xinhua News (CHN)
10 March 2010
China Foundation for Poverty Alleviation (CFPA) on Tuesday handed over 110,000 U.S. dollars' worth of medical equipment to Sudan's Al Birr and Al-Tawasul Organization (BTO). Full Story
AFRICAN ENVIRONMENT
Illegal Elephant Dealer Arrested – Cameroon Tribune (CAM)
10 March 2010
On February 19, 2010, an ivory dealer was ordered to serve a prison term of 8 months and to pay as damages and court charges the sum of about FCFA 1.2 Million by the Yaounde Court of first instance. Full Story
Denmark to help Africa fight bio-piracy – The Copenhagen Post (DEN)
9 March 2010
Environment minister Karen Ellemann was the opening speaker on Monday for an international ministerial conference on bio-piracy in Windhoek, Namibia, aimed at stopping companies from obtaining genetic resources from countries without providing reciprocal economic benefits. Full Story
Price discrimination suggested to save Ngorongoro Crater – IPP Media (TZ)
9 March 2010
Analysts have began to view price discrimination as one of the ways to save Ngorongoro Crater from environmental destruction in the rising wave of tourist arrivals into the world heritage wildlife sanctuary. Full Story
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