Burkina Faso: Latest News
Dana Sanchez, 10:32 am
Faced with an escalating price war at home in India, Bharti Airtel is looking to its African operations to reduce debt. India is one of the most competitive telecom markets in the world. The company lost $91 million in Africa in Q3 of 2016. Airtel has 22.14 percent market share in Nigeria and 34.1 million customers. Market observers in Nigeria say lack of access to foreign exchange for operators, falling revenue per user and customers’ lack of disposable income are hurting telecom operators in the country.
Peter Pedroncelli, 3:33 am AFKI Original
AFCON host nation Gabon have bitterly disappointed their fans at the ongoing 2017 edition of the competition after failing to progress from the group stages of the tournament. Gabon drew 0-0 with Cameroon in 2017 Africa Cup of Nations action at the Stade de l’Amitié in Libreville on Sunday night, which meant that Cameroon finished behind Burkina Faso in second place in the Group A standings.
Dana Sanchez, 11:09 am
ECOWAS is credited with persuading Gambian dictator Yahya Jammeh to give up power. If there’s a lesson to be learned, it’s that it takes some external persuasion to remove a dictator. “Forget Trump,” a commentator said. “We in Africa were watching the Gambia and the drama there as African leadership for once, stood up to a tyrant and insisted he respect the outcome of an election.” This regional intervention represents a paradigm shift in African governance, an exiled Zimbabwean judge said. It’s no longer dictatorship as usual in Africa.
Dana Sanchez, 1:15 pm
Tourism has been the fastest-growing sector of The Gambia’s economy until now, accounting for 18-to-20% of the country’s revenue. The country, population about 2 million, is marketed to vacationers as “the smiling coast of West Africa.” In the wake of the current political unrest, tourism revenue will likely fall 50%, a stakeholder said. The sector will have to rebuilt just as it was after the 1994 coup that brought longtime ruler Yahya Jammeh to power. “I feel sorry for everybody here,” an evacuating Brit said. “It’s going to take years for tourism to pick up again.”
Peter Pedroncelli, 2:55 am AFKI Original
Following the second round of matches in the 2017 Africa Cup of Nations for Group A, Cameroon lead the standings after a 2-1 win over Guinea Bissau while hosts Gabon earned a second successive 1-1 draw, this time against Burkina Faso. Gabon and Burkina Faso settled for a 1-1 draw at the Stade de I’Amitie in Libreville on Wednesday evening.
Peter Pedroncelli, 2:05 am AFKI Original
With four games played thus far at the 2017 Africa Cup of Nations, Senegal was the only side to secure a win and take command of Group B thanks to their three-point haul. The opening day of matches in Gabon saw two draws, with the hosts stumbling to a 1-1 stalemate against tournament newbies Guinea Bissau, while Cameroon and Burkina Faso managed the same scoreline in the late match on Saturday.
Staff, 3:13 pm
Morocco’s investment in sub-Saharan Africa the past decade represents 85% of its overall foreign direct investment stocks. The story of its national carrier, Royal Air Maroc, testifies to its expansive economic ambition on the continent. Morocco has expanded economic ties with many African countries through trade and investments since it left the African Union. It now seeks to return to the A.U., boost these ties and settle the unresolved matter of the Western Sahara. It has support of 28 African countries. Leaving the A.U. was a “strategic mistake,” a stakeholder said. “Africa is our natural home.”
Staff, 1:01 am
As a Chinese official dangled the possible reward of $40-billion US in desperately needed investments, Nigeria this week hastily ordered the shutdown of a trade office by China’s rival, Taiwan. The Chinese diplomatic offensive has ramped up sharply since last year, when the independence-minded Democratic Progressive Party emerged victorious in Taiwan’s election. Since then, Beijing has lured two more African countries away from Taiwan’s embrace, while also battling to weaken Taiwan’s links to individual African politicians.
Staff, 1:01 am
Obama should instruct the U.S. State Department to designate ivory poachers for what they are: Terrorist financiers and facilitators of ISIS- and al-Qaeda-affiliated groups in sub-Saharan Africa. Make the life expectancy of poachers so short that no one will risk taking the job. And that requires a few well-placed military drone strikes on poaching camps from any number of our established drone bases in Djibouti, Niger, Kenya, Ethiopia, Somalia, South Sudan, Burkina Faso or the Seychelles.
Kurt Davis Jr., 4:29 pm AFKI Original
A sense of what Zimbabwe can expect post-Mugabe. Partnership in the fight against terror for Tunisia. Better strategies combating poverty and HIV in Swaziland. These are just a few of the wishes that a U.S. investment banker visualizes for African countries as the old year winds down and 2016 gives way to 2017.
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