Politics: Latest News

  • Weapons Buildup, Anger Fuel Threat Of Renewed Somali Piracy

    Somali piracy By Reuters, 9:38 pm

    Monday’s hijack followed a long hiatus, with only 4 unsuccessful attempts in the past 3 years. The lull encouraged foreign fishing vessels to return to Somali waters. Now shipping companies are scrambling to learn if pirates will once again threaten one of the world’s most important shipping lanes and cost the industry billions of dollars. Locals are infuriated at government failure to crack down on foreign fishing vessels. The last straw was when 7n Thai fishing vessels paid the local government more than $672,000 for fishing licences, A Bosasso-based weapons dealer said orders have increased for rocket-propelled grenades, machine guns and ammunition.

  • Cameroon’s Economy Blindsided: Blackout Is Creating Internet Refugees

    Internet crackdown in Cameroon By Global Risk Insights, 11:42 am

    There has been no internet access for Cameroon’s English-speaking regions for 58 days. Many banks and ATMs are closed, plunging the regional economy into chaos. Local businesses are losing foreign contracts. Anglophone Cameroon is home to Cameroon’s growing tech scene and five of the country’s seven seaports. The internet blackout is forcing Nigerians working in the Cameroonian tech sector to return home. It may play a decisive role in the upcoming 2018 elections when President Biya seeks another term.

  • Meet The Woman Considered An Architect Of The African Growth And Opportunity Act

    By Staff, 1:01 am

    The U.S. did not have a trade policy for Africa when Rosa Whitaker went to work for the U.S. State Department. U.S. policy was to view Africa as a charity case. Whitaker helped draft AGOA, the law gives duty-free access to the U.S. for African countries meeting eligibility requirements on human rights, rule of law and labor standards. With AGOA, the whole narrative changed, Whitaker said. “We no longer saw Africa as benefactors of charity. We were able to substitute paternalism with partnership.” The U.S. had trade representatives for every other region of the world except Africa. President Bill Clinton did not wait for AGOA to be passed before appointing Whitaker assistant trade representative for Africa.

  • M&A Africa: Are MTN Stocks Cheap Enough For A Takeover?

    MTN stocks cheap enough for a takeover By Dana Sanchez, 8:04 am

    MTN’s shares are down 35 percent since October 2015, when Africa’s largest mobile service provider reported a $5.2B fine by Nigerian regulators over unregistered sim cards. That could make MTN cheap enough to be considered for a takeover, Times Live reports. MTN had other problems in the last two years including foreign exchange losses and bad investments. Investing heavily in South Africa, MTN grew revenue and subscribers, but it would be difficult for an international operator to convince its shareholders to back a bid, given the challenges MTN faces, an analyst said.

  • Opinion: Zuma’s Call To Confiscate White Property Will Drive Investors Away

    confiscate white property By Dana Sanchez, 11:10 am

    South African President Jacob Zuma announced new land reform plans Friday, telling traditional leaders that the government will do a “pre-colonial” land audit. Uncertainty over property rights is expected to push investors to look elsewhere. This isn’t the first time Zuma has promised to amend laws allowing expropriation without compensation, but it’s the first time a pre-colonial audit has been mentioned. EFF party leader Julius Malema has been traveling the country, encouraging black South Africans to take back land from “white invaders and Dutch thugs… Take it, it belongs to you,” he said.

  • FIFA President Gianni Infantino Concludes Visit To Africa

    FIFA President Infantino By Peter Pedroncelli, 5:10 am

    FIFA president Gianni Infantino has completed his 10-day visit to Africa, returning to Switzerland after spending time in nine African countries. During the visit Infantino attended the three-day summit in Johannesburg, South Africa where national association delegations from three different confederations were able to interact with the FIFA president and his staff, with specific focus on how the needs of African and other associations could best be addressed.

  • One Of The Biggest Misconceptions About Equatorial Guinea: No Infrastructure

    misconceptions about Equatorial Guinea By Kurt Davis Jr., 10:34 pm AFKI Original

    Equatorial Guinea is not the easiest place to get to, or the easiest place to understand. Sub-Saharan Africa’s third-largest oil producer is aggressively spending oil revenue on building roads, schools, hospitals and housing. First-time visitors to this closed, mysterious country will encounter easily navigated highways. The government is constructing Oyala, a planned city deep in the rainforest, to possibly replace Malabo as the capital. Oyala will feature new government buildings, a university, five-star hotels and conference centers. Kempinski, one of Europe’s oldest luxury hotel groups, plans to operate the first Oyala hotel and golf resort.

  • The ‘X’ Word: Zuma Denies South Africans Are Xenophobic, Says They Just Hate Crime

    Zuma denies South Africans are xenophobic By Dana Sanchez, 2:33 pm

    South African president Jacob Zuma discourages the use of the “X” word. “I think we love using phrases in South Africa that … cause unnecessary perceptions about us,” he said. “I think we are not (xenophobic).” A planned demonstration against immigrants and foreign-born South Africans turned violent Friday as police tried to control the crowd with rubber bullets, water cannons and stun grenades. Some South Africans say immigrants are taking their jobs, or are dealing in drugs and prostitution. Some migrants had their businesses and homes and robbed and looted in the past week.

  • Some Ghanaians Believe Trump Will Restore Christian Values, Others Say He’s God’s Punishment To America

    Ghanaians believe Trump By Staff, 4:32 pm

    Many Ghanaians either supported Trump’s election, or are optimistic about his presidency. They believe Trump will restore America’s conservative Christian values. They aren’t really concerned with Trump’s seemingly never-ending string of controversial statements. Many expressed a souring for Obama over his support of gay rights and same-sex marriage; a lack of U.S. aid for struggling, African countries, and lack of progress for African Americans under his administration. “I see Trump as someone who is going to transform America. God is on his side,” said a Ghanaian broadcast journalist.

  • South African Court Blocks Government’s ICC Withdrawal Efforts As Unconstitutional

    ICC withdrawal efforts as unconstitutional By Dana Sanchez, 3:28 pm

    Those who want to leave the ICC will have to take their case to parliament, which is dominated by the ANC. The ANC has been strongly in favor or leaving, and is expected to fight to withdraw. The opposition will fight back. The issue will come down to politics. The court’s ruling will force the parliament to open up the decision to the public — a critical part of the debate, a constitutional rights stakeholder said. Withdrawing from the ICC would be an abuse of justice and a sign that a government only cares about the accused, another expert said.

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