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Archive for the ‘Africa News’ Category

Tullow Oil loses Congolese permit

Monday, May 5th, 2008

The Congolese government has given an oil permit claimed by Tullow Oil to a rival consortium.

Tullow, Heritage Oil and Cohydro signed an agreement for two permits on Lake Albert, which borders Uganda, in 2006.

The oil ministry says one is invalid as the deputy minister had no authority to sign it and the president did not approve it. Continue Reading »

Ghana’s ‘hybrid’ rice dilemma

Thursday, April 17th, 2008

By Will Ross, BBC News, Ghana

Take a drive around rural Ghana and large swathes of the country appear green and fertile.

So you might then wonder why Ghanaians spend between $200 and $300 a year on imported rice. Continue Reading »

Africa: Countdown to 2015 - Critical Health Care Fails to Reach Most Women and Children

Wednesday, April 16th, 2008

United Nations Children’s Fund (New York)
16 April 2008
Cape Town
Leading global health experts, policy-makers and parliamentarians are convening in Cape Town today to address the urgent need for accelerated progress to reduce maternal, newborn and child deaths, if internationally-agreed targets are to be met. Continue Reading »

Ghana: Consequences of Oil Discovery

Wednesday, April 16th, 2008

Ghanaian Chronicle (Accra)
16 April 2008
By Sebastian R. Freiku
Kumasi
The Executive Director of Wassa Association of Communities Affected by Mines (WACAM), Mr. Owusu Koranteng, has cautioned the government against what he described as “Oil back loan”- the tendency of resorting to external borrowing with the purpose of paying with Oil.

He has further called on the government to take a critical look at the negotiation terms with foreign partners in order to develop the capacity to manage and allocate windfall profits that may be accrued from the mineral resources. Continue Reading »

Crisis Leads to Africa’s First Energy Saving Competition

Wednesday, April 16th, 2008

Mmegi/The Reporter (Gaborone)
16 April 2008

By Tumelo Setshogo
Botswana will be the first country in African to host a competition on energy saving this year. Continue Reading »

China to seal $9bn DR Congo deal

Monday, April 14th, 2008

By Tim Whewell

BBC Newsnight, Democratic Republic of Congo

 

It’s a scene that - with just a few changes - you might have found in the central African bush in the late 19th Century.

 

Ploughing through the long grass is a foreigner in a wide-brimmed sun-hat, scribbling away in a notebook. Continue Reading »

Africa: Urgent Measures Required to Reduce Impact of High Food Prices On the Poor

Wednesday, April 9th, 2008

Food and Agriculture Organization of the United Nations (Rome)
9 April 2008
New Delhi
Urgent measures are needed to ensure that short-term adverse effects of higher food prices do not impact even more alarmingly on the very poor, FAO Director-General Jacques Diouf said today. Continue Reading »

India Unveils New Plan for Partners on Continent

Wednesday, April 9th, 2008

Business Daily (Nairobi)
8 April 2008

By Allan Odhiambo
India unveiled a bag of goodies for African partners attending the first India-Africa summit signalling the extent it is ready to go to win hearts in the natural resource-rich continent. Continue Reading »

India pledges African investment

Wednesday, April 9th, 2008

India PM Manmohan Singh says the country will invest heavily in development projects in Africa to bolster economies ties.

He was speaking in the Indian capital, Delhi, at the first summit aimed at strengthening trade and diplomatic ties between India and Africa.

India would provide more than $500m for projects in Africa, Mr Singh said.

Correspondents say India is increasingly interested in Africa, as it looks for new sources of energy. Continue Reading »

China Eyes Idle Farmland in Country

Monday, April 7th, 2008

Business Daily (Nairobi)
6 April 2008

By Dominique Patton
Chinese investors, who have lately gained a strong presence in Kenya’s telecoms and heavy industry, are now eyeing the country’s farmland as a source of useful raw materials and employment opportunity. Continue Reading »