Burkina Faso: Latest News
Peter Pedroncelli, 3:55 am AFKI Original
Friday will see the World Cup qualifying draw for the 20 African teams who still have a chance to qualify for the tournament that is set to be held in Russia during 2018. This will be the third round of qualifying from Africa, with 54 teams on the continent originally attempting to book a place amongst the sport’s elite. Only 20 African countries remain.
Dana Sanchez, 2:30 pm
Analysts expect more mergers and acquisitions in West African gold driven by North American buyers. Australia-based Perseus Mining secured $135 million in debt and equity funding to bankroll the development of its Sissingue gold project in Cote D’Ivoire. Canada-based Teranga Gold struck a $62.95M deal to buy Australia’s Gryphon Minerals and its Banfora gold project in Burkina Faso. The deals put Sissingue and Banfora on a development growth path, shedding some of the uncertainty that dogged them in recent years.
Peter Pedroncelli, 6:08 am AFKI Original
FIFA have announced the African seeds for teams from the continent which still remain in contention for a qualification berth at the 2018 World Cup set to take place in Russia. A total of 20 teams from Africa will be involved in the draw, which will take place in Cairo, Egypt on June 24. Of those 20 remaining teams, which have been through a previous qualification phase thus far, five will ultimately qualify for the showpiece by topping their respective groups.
You won’t find an African country among the world’s top 25 performers for innovation, but several low-income African countries are outperforming their peers based on GDP, earning the designation “innovation achievers.” Co-published by Cornell University, the World Intellectual Property Organization, and A.T. Kearney, the Global Innovation Index goes beyond traditional measures of innovation such as research and development.
Dana Sanchez, 12:01 pm
Cashew nuts are now the cheapest tree nuts on the market. New taxes on cashew exporters in Ivory Coast amount to about 8 cents US per kilogram. Some traders evade taxes by shipping Ivorian cashews into neighboring countries. Ivory Coast has been encouraging more cashew processing at home with plans to increase subsidies to from 5 percent to 30 percent or more. Taxes don’t apply to companies doing local processing.
African governments have tried to limit and stop its use, but marijuana remains deeply ingrained in African traditions, economies and recreation. It is an important source of income, but is illegal everywhere in Africa. Tolerance and enforcement vary from country to country. There’s a growing belief that with the proper regulations, marijuana should be legalized for the greater good. AFKInsider compiled a list of African countries and ranked them for marijuana tolerance. We’ve also provided a list of most marijuana-friendly countries in the world as a basis for comparison.
Staff, 5:56 pm
There is widespread social resistance under way in Africa. Grassroots protesters are questioning the logic of export-led “growth” and fiscal austerity. They are demanding that their basic needs be met instead. After the dramatic Arab Spring, protesters picked up the pace in many sub-Saharan countries. Even if it is ignored in Kigali, or repressed on the ground, the popular risings against the WEF’s dubious “Africa Rising” rhetoric await…
Peter Pedroncelli, 3:50 am AFKI Original
Coaching is a rough gig. The pressure is always high, and with national teams in Africa the changes seem to ring all too often. The consistent pressure at the top means that African national team coaches are often sacked or forced to resign, and this year has been no different. We look at 8 of the national team coaching changes that have taken place so far this year.
We look at 8 of the national team coaching changes that have taken place so far this year.
Dana Sanchez, 1:18 pm
The deal will help Senegal and the U.S. “face common security challenges in the region,” Senegal said. Al Qaeda has Senegal in its sights due to its close ties with France, which has 3,500 soldiers fighting with regional armies against Islamist militants in West Africa. The agreement upgrades an existing 2001 agreement providing U.S. forces access to certain facilities in Senegal and enabling U.S. forces to make improvements while there.
Peter Pedroncelli, 9:00 am AFKI Original
Africa loves the beautiful game, and the popularity of soccer has created fertile ground for brands to provide funds in the form of sponsorship deals to be associated with the various competitions taking place around the continent. These brands sponsor African soccer and provide funding to take the game forward. We take a look at 8 big brands that are involved in sponsorship of soccer on the African continent.
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