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Mon,20Nov2017

US

Texas man sentenced to 25 years for abusing orphan boys in Malawi

Photo©Seth Perlman/AP/SIPAA Texas man who managed an orphanage in Malawi was sentenced on Tuesday in federal court to 25 years in prison for sexually abusing children in his care, U.S. prosecutors said.

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US bombing inflicts heavy losses on islamists in Libya

File photo©Gaia Anderson/AP/SIPAUnited States warplanes carried out a series of air strikes against Islamic State (IS) fighters in Libya's coastal city of Sirte, the latest salvo of a longer-term campaign by the West to combat the Islamist group's foothold in the North African country.

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Restoring the economy's ability to deliver prosperity

Mukhisa Kituyi, Mukhisa Kituyi, UNCTAD Secretary General. Photo©Salvatore Di Nolfi/AP/SIPAIn the developing world, significant headwinds now cloud growth prospects, threatening to undo hard fought development gains. The Sustainable Development Goals (SDGs) must become the yardstick for judging inclusive growth.

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Ethiopia to pay U.S. fine over Hydro-electric dam bonds

Construction work takes place Friday, June 28, 2013, at the site of the planned Grand Ethiopian Renaissance Dam. Photo©Elias Asmare/AP/SIPAState-owned Ethiopian Electric Power Corporation (EEPC) is going to pay close to $6.5m as a result of US charges that it incorrectly sold bonds to residents of the US to finance the Grand Ethiopian Renaissance Dam.

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Naspers invests $60 million in online-learning company Udemy

Media and e-commerce group Naspers, the largest listed company in Africa by market value, said on Thursday that it has invested $60 million in U.S. education-technology firm Udemy.

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Electricity: The lights come on slowly

Off-grid electricity projects such as pay- as-you-go solar power, are a central area of Power Africa support. Photo©Sven Torfinn/PANOS-REAUS President Obama's hallmark Africa policy seeks to bring electric power to 60m households. But as he prepares to step down, his legacy project is barely revving up.

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Antiquities: The long road home

Potential buyers come face to face with ancestral art at a pre-sale exhibition at Drouot in Paris. Photo©MEHDI FEDOUACH/AFPThe continued contentious trade of Africa's cultural heritage puts Western museums and galleries under fire as African collectors fight back.

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Zimbabwe police probe US plane after discovery of corpse

File Photo©ReutersZimbabwean police say they need more time to investigate the discovery of a dead body in a United States cargo plane, transporting cash to South Africa, after it stopped for refuelling in Harare on Sunday.

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Ethiopia: USAID gives more financial assistance amid humanitarian crisis

The United States aid agency (USAID) has pledged $97 million in emergency assistance for Ethiopia to help address the on-going humanitarian crisis triggered by an El Nino-induced drought.

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Oil stays under pressure as Iran orders sharp rise in crude output

Oil futures remained under pressure on Tuesday following a slide that has seen prices fall by more than a quarter since the beginning of the year as the full return of Iran to oil markets adds to an already huge supply overhang.

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Ghana: John Mahama's government allays fears of attacks after taking in ex-Guantanamo detainees

A United States Department of Defence report in 2009 described Mahmud Umar Muhammad Bin Atef as posing a high risk to America, its interest and allies. Photo©US Dept of DefenseGhana's government has defended its decision to take in two former Guantanamo Bay prisoners at the request of the United States, saying the duo from Yemen do not pose any security risk.

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South Africa, US meat war ends

South Africa’s Trade minister Rob Davies said on Friday that all outstanding issues on AGOA have been agreed upon and finalised. Photo©ReutersSouth Africa on Thursday avoided trade sanctions from the United States after the two countries reached an agreement on the importation of poultry into Africa's biggest economy from America.

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Fear and shooting, a South African nightmare

Photos© All rights reservedMy mother lives about four hours away from Umpqua Community College in Oregon, the most recent site of a mass shooting in the US.

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US provides food assistance as El Nino phenomenon hits Ethiopia

File photo©ReutersThe United States government says it is providing nearly $97 million in additional food assistance to assist vulnerable Ethiopians due to the El Nino induced drought in the East African nation.

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US - South Africa: Poultry war threatens AGOA deal as Obama issues warning

Photo©ReutersSouth Africa believes it is on track to meet the December 31 deadline to resume imports of US poultry into the country, despite the warning from American President Barack Obama that the country risks being suspended from the African Growth and Opportunity Act (AGOA) trade agreement.

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A record year for African banks

Photos© Siphiwe Sibeko/ReutersFinancial institutions in our rankings reported assets of more than $1.5trn for the first time. But economic headwinds from China and the US signal troubles ahead

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South Africa: Finance minister promises transparent nuclear procurement

South Africa's Finance Minister, Nhlanhla Nene. Photo©ReutersSouth African Finance Minister Nhlanhla Nene pledged on Tuesday that the country's nuclear programme, its most expensive procurement deal, will be transparent.

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EU joins US' Africa electricity initiative

File photo©ReutersThe European Union has joined United States's Power Africa Initiative in an effort to reduce an energy deficit in Sub-Saharan Africa.

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Barack Obama to visit Ethiopia and AU headquarters

Photo©ReutersUS President Barack Obama will next month travel to Ethiopia, making him the first sitting president of that country to visit the Horn of Africa nation and the African Union headquarters.

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US-Africa Trade: African textile exports may reach $4 bn under AGOA deal

File photo©ReutersAfrica's textile and apparel exports to the United States could quadruple to $4 billion over the next decade through an extended duty-free trade treaty, a U.S. official said on Wednesday.

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