2013 Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 Jan Feb Mar Apr May Jun Jul Aug Sep

Date Archives for March 2017

  • FIFA Considers 9 Automatic African World Cup Spots For 2026

    World Cup - Cameroon win the 2017 Africa Cup of Nations title. Photo: Daily Maverick By Peter Pedroncelli, 9:00 am

    World soccer governing body FIFA has proposed that Africa receive nine automatic qualification spots when the World Cup expands to 48 teams at the 2026 competition. The proposal would see four extra places for the continent, as Africa is currently offered five automatic qualifying berths. In addition to the nine places, a tenth African country will be able to take part in a six-nation play-off tournament between all of the global continental confederations to decide two additional spots.

  • Opinion: Blockchain Could Make The Internet Of Intelligent Things Work For Africa

    Blockchain By The Conversation, 2:38 pm

    Blockchain, an almost incorruptible digital ledger of transactions, has the potential to be both foundation and springboard in Africa for a new developmental infrastructure. The blockchain can be “the ledger of everything.” A house can become an intelligent entity registered on a secure, distributed database once it’s tagged with a geospatial reference and sensors that monitor its continuing existence. The owner of the asset can, through an Ethereum-based smart contract, secure a loan to expand a startup enterprise. Property and financing aren’t the only areas where the new Internet of Intelligent Things has the potential to compensate for Africa’s legacies of underdevelopment.

  • South Africa’s Zuma Considers Stepping Down Early In Deal To Oust Gordhan

    Zuma considers stepping down early By Reuters, 11:31 am

    The ANC is having its most difficult time since the end of white-minority rule. Zuma agreeing to leave early could heal some wounds. “This could be the long-awaited compromise where Zuma agrees to go in return for some protection,” a political analyst said. Zuma’s offer appears as a way out but may not be enough to satisfy opponents. “We don’t need his offers. He must just go before destroying our country,” a senior ANC member said. In a sign of how divided the party is, Zuma was asked not to attend the funeral of anti-apartheid stalwart Ahmed Kathrada on Wednesday. Gordhan got a standing ovation.

  • The Anglos Are Coming To Francophone Africa With An Appetite For Investment

    Anglos investing in Francophone Africa By Kurt Davis Jr., 10:13 am AFKI Original

    The Anglos have an apparently insatiable investment appetite for the region. Gabon will no longer fly under the radar after Washington, D.C.-based Carlyle Group — the world’s largest private equity fund — purchased Royal Dutch Shell’s onshore assets in Gabon for $587 million. Petroleum services, infrastructure and timber are rising on the radar for crafty investors in Gabon. Financial services and ICT too. Gabon is a stable provider of services and networks to neighboring countries. Here are six other Francophone African countries investors are looking at.

  • New CAF President Ahmad Supports Morocco’s Bid To Host 2026 World Cup

    New Confederation of African Football (CAF) president Ahmad supports Morocco for 2026 World Cup hosting bid By Peter Pedroncelli, 5:25 am

    The Confederation of African Football’s (CAF) new president Ahmad has thrown his weight behind Morocco’s bid to host the 2026 World Cup. The North African nation is keen to follow in the footsteps of South Africa, which successfully hosted the 2010 World Cup, the first held on the African continent. In an outcome that has surprised many in Africa, Issa Hayatou’s reign at CAF ended this month as Madagascan government minister Ahmad was elected as the new president of the Confederation of African Football.

  • 13 African Countries With The Highest Central Bank Interest Rates

    Interest rates in Africa By Peter Pedroncelli, 3:05 am AFKI Original

    Central banks are the national banking institutions that provide financial and banking services for countries’ governing and commercial banking system, including lending money. African countries have some of the highest interest rates in the world, with some even reaching as high as 23 percent. By way of comparison, the U.S. Federal Reserve recently revised the country’s interest rate to 1 percent, while most of Europe’s central banks have interest rates at between 0.25 percent and 2 percent. We take a look at 13 African countries with the highest central bank interest rates.

  • Wealth Opportunity Walks On 4 Legs In Africa: Top Countries For Livestock Investment

    top countries for livestock investment in Africa By Kurt Davis Jr., 5:44 pm AFKI Original

    Africans are demanding more meat in their diets, but consumption may be limited because there are not enough commercial livestock owners producing affordable food. Firms are gobbling up arable land, not just for crop production but also for livestock and cattle. Investment shops are slowly redirecting capital to this subsector of agriculture. Nigeria is in tough times, but people still have to eat. About 45% of rural households own livestock, and meat consumption is strongly correlated to livestock ownership in Nigeria. Fewer than 10 percent of livestock owners function as a business. Most are just supporting the household livelihood.

  • Under The Radar: Moroccan Stability Entices Chinese Investments

    By Global Risk Insights, 3:31 pm

    Lacking substantial oil reserves, Morocco took a backseat to Angola and Algeria during China’s resource binge in the 2000s. That has changed as China seeks to diversify investments. Morocco now has three Confucius Institutes and is becoming the default investment destination in North Africa as instability continues in the region. Anti-Chinese sentiment in more established China-Africa relationships is also leading China to diversify its investment portfolio. Casablanca is scheduled to play host to the China-Morocco Trade Week in December 2017.

  • Cameroon Owes Coach Hugo Broos Half A Year’s Salary

    Hugo Broos By Peter Pedroncelli, 9:53 am

    Cameroon national team head coach Hugo Broos has yet to receive almost seven months’ worth of his salary from the Cameroon Football Federation (FECAFOOT). The Belgian tactician led the Indomitable Lions to Africa Cup of Nations glory at the 2017 AFCON in Gabon, with Cameroon beating Egypt 2-1 in the final, but he has not yet been paid for half a year’s worth of wages. Reports in Jeune Afrique suggest that the coach, who earns around $48,900 per month at the African champions, has not received a pay check since around September last year.

  • Pitch Invasion Brings An End To Ivory Coast-Senegal Friendly

    Senegal's Lamine Gassama is tackled by a pitch invader during a friendly international. Photo: ESPNFC By Peter Pedroncelli, 5:58 am AFKI Original

    A pitch invasion in the dying minutes of a friendly international between Ivory Coast and Senegal at the Charlety Stadium on the outskirts of Paris caused the game to be called off with the score at 1-1. A goal from Sadio Mane from the penalty spot gave the Teranga Lions the lead, but the Elephants would equalise through Bi Gohi Cyriac three minutes later. The match seemed to be heading for a draw when supporters in the stands became restless and lost respect for proceedings.

More Headlines