BUJUMBURA, Burundi, December 18, 2014/African Press Organization (APO)/ — A mission from the International Monetary Fund (IMF), led by Mr. Jaroslaw Wieczorek, visited Bujumbura from during December 4–17, 2014 to conduct discussions for the sixth review of the government’s economic and financial program supported by the IMF under the Extended Credit Facility (ECF).1The mission met with the Second Vice-President, Gervais Rufyikiri; the Minister of Finance, Tabu Abdallah Manirakiza; the Minister to the Office of the President Responsible for East African Community Affairs, Leontine Nzeyimana; the Minister of Energy and Mines, Côme Manirakiza; the Minister of the Civil Service, Labor and…
Author: apofeed
TOKYO, Japan, December 17, 2014/African Press Organization (APO)/ — 1. On December 16, the Government of Japan decided to extend emergency grant aid of approximately 640,000 U.S. dollars (approximately 76.4 million Japanese yen) through the United Nations Development Programme (UNDP), in order to support the smooth implementation of the presidential by-election to be held on January 20, 2015 in the Republic of Zambia.2. With the passing of H.E. Mr. Michael Chilufya Sata, former President of the Republic of Zambia on October 28 this year, the by-election is scheduled to take place. The Government of Zambia has requested emergency assistance from…
HARGEISA, Somaliland December 10, 2014/African Press Organization (APO)/ — flydubai (http://www.flydubai.com) oo fadhigeedu yahay Dubai waxay shabakadeeda si ballaranayso ku dhawaqday duulimaad cusub. Duulimaadyada Hargeisa (Somaliland), Chennai (India), iyo Nejran (Saudi Arabia) waxay bilaawanaysa qaybteeda koowad 2015, taasi oo ay si ballarin doonta duulimaadyadeeda ilaa 89 goobood ku taala 46 waddan.Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/flydubai.jpgPhoto 1: http://www.photos.apo-opa.com/index.php?level=picture&id=1389(Sudhir Sreedharan, Madax ku xigeenka sare Commercial (GCC, Subcontinent, Africa)Photo 2: http://www.photos.apo-opa.com/plog-content/images/apo/photos/141210f3.jpgPhoto 3: http://www.photos.apo-opa.com/plog-content/images/apo/photos/141210f2.jpgLaga bilaabo 05 Maarso 2015, flydubai waxay noqonaysa duulimaadka ugu horeeysa ka hawlgala Hargeisa, Somaliland iyado oo afar duulimaad asbuciiba ka socota Dubai. flydubai waxay sannadka 2014 ku ballarisay shabakadeeda Afrika ilaa 13 goobood…
GENEVA, Switzerland, December 19, 2014/African Press Organization (APO)/ — IOM Tunisia has launched an awareness campaign to warn young people about the risks of irregular migration, as the country marks International Migrants Day on 18th December.The campaign “20 Youth, 20 Views on Migration” is part of a regional IOM project: “Solidarity with Children of Maghreb and Mashreq” (SALEMM), funded by the European Union, Switzerland, Italy, Compagnia di San Paolo, Fondazione Cariplo and the Municipality of Milan. The project selected 20 young Tunisians aged between 15 and 25 from Tunis, Sfax, Gabes and Sidi Bouzid and trained them in film making.…
COTONOU, Benin, December 16, 2014/African Press Organization (APO)/ — The Board of Directors of the West African Development Bank (BOAD) (http://www.boad.org/) held its 95th ordinary meeting on 15 December 2014 in Cotonou, under the chairmanship of Mr. Christian Adovelande, President, Chairman of the Board of Directors.Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/boad-1.jpgFollowing the adoption of the minutes of its 94th Board meeting held on 24 September 2014 in Lomé, the Board considered and approved the 2014-2018 financial outlook update as well as the 2015-2017 programme-budgeting.The financial outlook update sets out the volume of activities per sector, estimates the financial resources required to cover commitments, and…
GENEVA, Switzerland, December 16, 2014/African Press Organization (APO)/ — The new United Nations Independent Expert on the situation of human rights in Somalia, Bahame Tom Mukirya Nyanduga, urged the Somali authorities and the international community to reinforce the country’s governance and safeguard its full transition to peace, stability and democracy. “The Federal Government of Somalia together with the international community need to allocate adequate resources to strengthen the rule of law institutions and ensure that the interim regional administrations benefit from the New Deal Compact,” Mr. Bahame Nyanduga said at the end of his first mission to the Federal Republic…
LONDON, United-Kingdom, December 15, 2014/African Press Organization (APO)/ — Anniversary of crisis in South sudan. We should reflect on human cost. Country’s leaders must end the conflict now. On the anniversary of the conflict in South Sudan, Minister for Africa James Duddridge said:“One year on from the start of the crisis in South sudan it is an important moment to reflect on the cost of the conflict and for South Sudan’s leaders to end the conflict once and for all. The crisis has been devastating for the people of South Sudan, with over 1.9 million people displaced from their homes,…
PORT-LOUIS, Mauritius, December 15, 2014/African Press Organization (APO)/ – AfrAsia Bank Limited (http://www.afrasiabank.com/en) today announced the addition of an important world-class strategic partner, National Bank of Canada, to its shareholding structure. This represents a major vote of confidence in its business model, financial standing and unique positioning in regional and international markets. National Bank of Canada will immediately acquire a 9.5% stake in AfrAsia Bank, with the aim of further increasing its shareholding in the near future.Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/afrasia.jpgPhoto 1: http://www.photos.apo-opa.com/plog-content/images/apo/photos/james-benoit-afrasia-ceo-3.jpg (James Benoît, CEO of Afrasia Bank)Photo 2: http://www.photos.apo-opa.com/plog-content/images/apo/photos/afrasia-bank-arnaud-lagesse-2.jpg (Arnaud Lagesse, Chairman of AfrAsia Bank)Photo 3: http://www.photos.apo-opa.com/plog-content/images/apo/photos/louis-vachon-president–ceo-national-bank-of-canada-3.jpg (Louis Vachon, President &…
KAMPALA, Uganda, December 15, 2014/African Press Organization (APO)/ — Vantage Capital (“Vantage”) (http://www.vantagecapital.co.za/), Africa’s leading mezzanine debt provider, today announced it has provided $10m of funding to Simba Properties Investment Company (“Simba Properties”), the property investment arm of Simba Group in Uganda which houses five prime property developments in Uganda, three of which are operating and two of which are under development.Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/logo—vantage-capital-hi-res.jpgThe three operating properties, which are all located in the upmarket suburb of Kololo in Kampala, are:-Protea Hotel Kampala: a four star, 70 bed luxury hotel which has been operational since 2007 and has won World Luxury Hotel…
GENEVA, Switzerland, December 15, 2014/African Press Organization (APO)/ — UN High Commissioner for Human Rights Zeid Ra’ad Al Hussein on Monday highlighted the “dreadful” situation of civilians in South Sudan, who are victims of targeted killings, looting and violence, and have been surviving in increasingly desperate living conditions since the conflict broke out a year ago today. Zeid warned that there were deeply worrying indications that fighting would intensify now that the dry season had begun, and urged all parties to practice restraint, engage in meaningful dialogue and work to restore calm. “The people of South sudan are living in…