Burkina Faso: Latest News
Staff, 11:40 pm
Patrice Talon, Benin’s new businessman president, has promised to resolve conflicting interests that have blocked modern rail transport. In 2013, Benin and Niger agreed to build a railway with France’s Bollore, with plans to extend the railway to Burkina Faso, Togo and Abidjan in Ivory Coast. The aim was to kickstart growth in five of the world’s poorest countries. Then a Benin court halted work in 2015. New track intended to cover 310 miles has been lying in Cotonou, oxidizing in the sun.
Keren Mikva, 10:13 pm
Caster Semenya, 25, won Olympic gold in the 800 meters as expected, but all anyone wanted to talk about was gender. Semenya was subjected to gender testing, sidelined for 11 months and eventually allowed to compete in 2010. She has been diagnosed with hyperandrogenism — testosterone levels that exceed the majority of women. New regulations in 2011 required female athletes to take testosterone-lowering medication if their natural levels are above a certain point. The rules were suspended in July 2015 for two years.
Dana Sanchez, 8:17 pm
Ivory Coast’s beloved national dish, attiéké — pronounced achekay — takes a couple of days to make from scratch if it’s prepared right. A severe shortage in local markets has drawn global attention to the Ivorian staple. It’s popular in other countries and foreigners are profiting from the name without making it properly, the government says. Legal protection, like Japan got for kobe and France for champagne, will protect the name and the manufacturing process. It should also speed up industrialization.
Dana Sanchez, 12:23 pm
Global tech and mobile giants are increasingly involved in Africa’s 314 active tech hubs. New tech hubs are opening on a weekly basis, according to new research by GSMA, the powerful mobile trade and lobbying association. GSMA recently launched its own innovation fund to tap local startups. Regardless of their type, it’s the facilitator role of tech hubs that explains their proliferation in Africa.
Lillian Mutiso, 2:45 am AFKI Original
Treason includes acts that are geared towards overthrowing a legitimately elected government or endangering state security. In most countries, this offense attracts the death penalty. In Africa, most governments have used treason allegations to trump up charges against their political rivals in order to silence them or force them out of politics. Here are some of African leaders that have been charged with treason in recent years;
Dana Sanchez, 8:59 am
Business investors aren’t the only ones spotting Africa’s potential. Name-brand foundations are also investing in Africa, making grants on a historic level. Still, charity has its critics. Akon is one of the most vocal. The U.S.-based rap star is one of the most famous impact investors in Africa — and one of the most prominent voices against giving charity to Africans. These are some of the biggest philanthropic foundations giving money in Africa.
Lillian Mutiso, 4:47 am AFKI Original
Africa is known for its vast potential of mineral resources. It is a great investment destination for foreign business organization from across the world. Investors’ desire to do business on the continent depends largely on the ease of company registration with regard to meeting legal and regulatory demands. According to the World Bank’s Ease of Doing Business Index, a transparent and smooth registration process woos investors to any nation.
Peter Pedroncelli, 6:27 pm AFKI Original
The 2018 World Cup qualifying draw for the 20 African teams who still have a chance to qualify for the tournament took place in Cairo on Friday. This will be the third round of qualifying for teams in Africa, with 54 countries on the continent originally attempting to book a place in Russia come 2018.
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.
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