Wednesday 17th March 2010
Quote of the Day:
African Politics
Jan 22 for 2011 presidential polls – Vanguard (NG)
17 March 2010
If everything goes as planned, the 2011 polls will begin with the National Assembly elections on January 8, while the Presidential elections will hold on January 22. Full Story
Fresh clashes in central Nigeria kill 11 – Reuters (US)
17 March 2010
At least 11 people have been killed in an attack on a village close to the central Nigerian city of Jos, a region where hundreds have died in sectarian violence this year, state radio said on Wednesday. Full Story
Final results of Togo election expected on Thursday - Xinhua News (CHN)
17 March 2010
Togo's Constitutional Court will on Thursday announce the final results of the March 4 presidential elections, according to state television. Full Story
Gadaffi suggests Nigeria split – BBC Worldwide (UK)
16 March 2010
African Economy
Food Prices Drive Inflation Down To 9.6 Pct In Feb – IPP Media (TZ)
17 March 2010
Tanzania`s inflation rate fell below 10 per cent in February for the first time since August 2008, data showed on Monday, and the government said it was confident it would slow further over the next few months. Full Story
OPDO chairperson urges residents to scale up dev't efforts – Walta Information (ETH)
16 March 2010
Chairperson of the Oromo People's Democratic Organization (OPDO), Abadula Gemeda, said ongoing development endeavors should be scaled up in order to expedite economic growth of the country. Full Story
Ghana’s economy size now $35bn – My Joy Online (GH)
17 March 2010
Ghana's economy appears to be much bigger than the $16 billion that was earlier estimated. Full Sto
African Business
Banking and Finance
BOZ acts to lower interest rates – Times of Zambia (ZAM)
17 March 2010
Bank of Zambia (BoZ) has now started issuing licensing to micro financial institutions (MFIs) to be accepting deposits from customers to push down interest rates. Full Story
Oil and Energy
Norwegians to build power plant in Hoima – Daily Monitor (UG)
17 March 2010
Uganda’s oil and gas looks likely to power a Norwegian-built thermal power plant in Hoima District by the second half of 2011, Tullow Oil confirmed Tuesday. Full Story
16 March 2010
African states should harness Chinese interest as Beijing's demand for commodities drives growth on the continent and fuels capital investments, an energy conference heard on Tuesday. Full story.
Energy ministry seeks control at KPLC – Daily Nation (KEN)
17 March 2010
The Energy ministry on Tuesday announced it would be seeking to acquire a controlling stake in Kenya’s only electricity distribution company. Full Story
Financiers urge reform to launch Africa power deals - Engineering News (SA)
17 March 2010
Red tape and lack of well-structured projects, rather than external funding crimped by the global downturn, are the main hurdles to boosting capacity in Africa's power sector, financiers said on Tuesday. Full Story
OPEC meeting will be uneventful: Libya – Reuters (US)
17 March 2010
OPEC's meeting on Wednesday will not produce any surprises, the head of Libya's OPEC delegation Shokri Ghanem told Reuters an hour ahead of its scheduled start. Full Story
Chinese companies interested in East Timor’s electricity – Macau Hub (MAC)
17 March 2010
Chinese companies are interested in the electricity sector in East Timor, both in production and distribution, the Chinese ambassador to East Timor, Fu Yancong said in Dili Tuesday. Full Story
Metals and Mining
Australia’s Riversdale Mining plans to bring start of production forward in Mozambique – Macau Hub (MAC)
17 March 2010
Australian company Riversdale Mining plans to start coal production at its mine in Benga,, Mozambique, sooner than had been projected due to a rise in demand, the company’s vice president said Tuesday in Johannesburg. Full Story
Niger junta asked to review mining contracts – Afrique en Ligne (FR)
16 March 2010
Head of Niger's ruling junta Salou Djibo has been asked to review all mining contracts signed by the country's authorities. Full Story
Technology and Communications
NHA to introduce fast track building technology this year – The Post (ZAM)
17 March 2010
The National Housing Authority (NHA) will in the second quarter of this year introduce fast track building technology that will reduce construction costs by 30 per cent. Full Story
TaCRI, Nestle team up to train coffee scientists – IPP Media (TZ)
17 March 2010
Coffee farmers in the country have been urged to practice modern cultivation using quality coffee plants from the Tanzania Coffee Research Institute (TaCRI) for better harvests and income development. Full Story
Bharti Said to Plan Agreement on $8.5 Billion Loan This Week – Bloomberg (US)
17 March 2010
Bharti Airtel Ltd. plans to agree to terms with banks this week for an $8.5 billion loan that would help it buy most of Zain’s African assets, according to two people with direct knowledge of the matter. Full Story
Transport and Infrastructure
More rot exposed at AirNam – The Namibian (NAM)
17 March 2010
Irregular practices related to the employment and licensing of pilots at Air Namibia have been confirmed by a high-ranking Directorate of Civil Aviation (DCA) official. Full Story
Agriculture
Tea farmers lobby for high farm gate prices – The New Times (RW)
17 March 2010
Stakeholders in the tea sector will on Thursday, meet the Ministry of Agriculture to negotiate the possible increase of farm gate prices. Full Story
Uganda to Develop Coffee Resistant to Wilt Disease, Agency Says – Bloomberg (US)
17 March 2010
Uganda, Africa’s second-largest coffee producer, plans to develop strains of the plant which are resistant to wilt disease, which has killed half the country’s robusta trees in less than 20 years, Café Africa Uganda said. Full Story
NATSAVE targets farmers in new loan scheme – The Post (ZAM)
16 March 2010
National Savings and Credit Bank (NATSAVE) has launched a hire purchase loan facility with an initial investment of K2 billion targeted at small-scale farmers. Full Story
Other
Fire destroys Kasubi tombs – Daily Monitor (UG)
17 March 2010
The historic Kasubi Tombs last night went up in flames, engulfing the main building housing the mausoleums of four former Buganda kings (Kabakas). Full Story
Zambia, Tanzania in standoff with Kenya over sale of ivory – The Post (ZAM)
17 March 2010
Zambia and Tanzania are embroiled in a standoff with Kenya over the two southern African countries’ application to Convention of International Trade in Endangered Species (CITES) to allow them to sell their ivory. Full Story
African Environment
17 March 2010
Many Africans blame themselves for climate change even though fossil fuel emissions there are less than 4% of the global total, a new survey suggests. Full Story
Taiwan to use Africa as back door for carbon credits – Reuters (US)
17 March 2010
Taiwan said on Wednesday it would use countries in Africa to get its first carbon credits for international trade, a move seen as part of the island's long-term bid to participate in the United Nations. Full Story
The overriding importance of water – IPP Media (TZ)
16 March 2010
Today begins world water week, which is a time when the world’s attention is focused on the importance and value of water to our lives. Full Story
France donates over 1mln euro for WFP Ethiopia’s TSF program – Walta Information (ETH)
16 March 2010
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