The King “voiced his flat refusal of any action that could undermine the multi-religious aspect of the holy city or alter its legal and political status,” the statement added. The Palestinian president, on his part, hailed the King’s role and action, and deplored the fact that the American administration’s agenda includes such “inappropriate initiative”. He expressed the deep concern of the Palestinian authority over the serious consequences of this matter on the peace process in the Middle East and the region’s security and stability, the statement noted. It added that the two leaders agreed to maintain direct contacts and continuous consultations on this issue, as well as a close coordination between the two governments to set, together, steps to take and actions to undertake. In this connection, King Mohammed VI also sent a message to President Trump expressing his own concerns and the concerns of Arab and Muslim countries over the persistent news of the UN Administration’s intentions.
December 05, 2017 19:52 UTC
The monarch of the Ashanti Kingdom of Ghana, Otumfuo Osei Tutu II, has donned the sacred traditional smock for the final funeral rites of his late mother and Queen Mother of the Kingdom, Nana Afia Serwaa Ampem II, who died a year ago. The centuries-old smock was last worn by the King some 18 years ago during his enstoolment at Manhyia, in the heart of Kumasi, the capital of the Ashanti Region. The sacred ‘Batakari’ traces its root to the north during the time of the Ashanti conquest of the region. Known as the ‘Batakari Kesee’, meaning the big smock, this sacred armor attire is kept and worn by the Ashanti King only on special traditional occasions. The Kumasi township stood still, as all shops were closed in observance of the traditional rites.
December 05, 2017 18:45 UTC
French car manufacturer has unveiled plans to assemble its latest pick-up truck model in Tunisia. The certificate exempts manufacturers from export taxes, provided they can show that 40 pc of value was created locally. Local assembly will allow automakers to bypass the controversial vehicle import quota currently in place. Official industry players are also hindered by high import taxes. The rate of duties in Tunisia is among the highest in the world, ranging from 20 pc to over 100 pc of the imported value.
December 05, 2017 17:15 UTC
President Emmanuel Macron of France is expected in Algiers Wednesday, for his first visit since he took office in May, and a meeting with ailing President Abdel Aziz Bouteflika is on the schedule. In March this year, Iranian President Hassan Rohani postponed sine die a visit to Algeria, and the Algeria state-run news agency said the visit has been postponed due to “temporary unavailability” of the Algerian President. During his stopover in Algiers Wednesday on his way to Qatar, President Macron is expected to visit Bouteflika at his private residence of Zeralda, if the visit ever takes place. The French President will nonetheless meet with Prime Minister Ahmed Ouyahia and Abdelkader Bensalah, the Speaker of of the Senate. Algerian authorities had then accused some French papers of undermining the honor and prestige of President Bouteflika.
December 05, 2017 17:03 UTC
He’s representing Ghana at the Winter Olympics. “Our objective now is to be the best representation of Africa that the Winter Olympics have ever witnessed,” she added. The Nigerian Women’s Bobsled Team gained sponsorship from Visa and Under Armour to prepare them for the Winter Olympics history. African history at the Winter OlympicsAfrica has been represented at the Winter Olympics largely by skiers since 1984. Nigeria’s Women’s Bobsled Team which sponsored themselves to become the first Nigerian team and African Bobsled team to qualify for the Winter Olympics made it to THE ELLEN SHOW.
December 05, 2017 14:37 UTC
IATA forecasts a strong year for airlines in 2018December 5, 2017: The latest release from the International Air Transport Association (IATA) forecasts the airlines to continue stronger performance through 2018. Cargo revenues will continue to do well in 2018, reaching $59.2 billion (up 8.6 percent from 2017 revenues of $54.5 billion). Regional outlookAll regions are expected to report improved profitability in 2018, and all regions are expected to see demand growth outpace capacity expansion. Asia-PacificAirlines in Asia Pacific are forecast to see profits of $9 billion in 2018 (up from $8.3 billion in 2017). The value of goods carried by airlines is expected to exceed $6.2 trillion in 2018, representing 7.4 percent of world GDP.
December 05, 2017 13:52 UTC
Sierra Leone: Parliament approves Bumbuna II hydropower projectParliament has approved project documents for the Bumbuna II hydropower project, which on completion will provide the much-needed power all year round. This approval follows after government signed the 25-year Power Purchase and Implementation Agreements with Joule Africa in August 2017. Construction on the extension is anticipated to start in the second half of 2018 with operations forecast to start four years later. Seli Hydropower, will be responsible for building, owning and operating Bumbuna II and will also be responsible for operating Bumbuna I. Commenting on this announcement, Patrick Beckley, chairman of Seli Hydropower, said: “We would like to thank the government of Sierra Leone for their on-going support and in maintaining their commitment to the Bumbuna II project ahead of General Elections in early 2018.
December 05, 2017 13:07 UTC
Higher GreenStream deliveries lift North African exportsItalian imports of gas via GreenStream were up by 21.5% last week, helping take overall Africa-Europe exports to 920.7 MMcmItalian imports of gas via GreenStream were up by 21.5% last week, helping take overall Africa-Europe exports to 920.7 MMcm.
December 05, 2017 12:41 UTC
This failure risks exacerbating the problems faced by migrants and would-be migrants in Africa. Some of these ideas are already in place or being planned for to further cut down migration through Libya to Europe. A separate, but in some ways more serious, issue pertains to the understanding of migration encapsulated in Macron’s statements. Circular migration can help drive development within the region and foster integration between North Africa and the Sahel. As I and other colleagues have argued, only through the establishment of legal migration channels within the region and to Europe can the EU hope to reduce illegal migration without damaging the social and economic patterns in the Sahel and West Africa.
December 05, 2017 12:33 UTC
Libya risks Africa diplomatic isolation over slave tradefrom EMEKA OKONKWO in Abuja, NigeriaABUJA, (CAJ News) – THE Council of African Political Parties (CAPP) is wary of a breakdown of diplomatic relations between Libya and countries whose nationals have been sold off as slaves in the North African country. It is believed most of the victims of the slave trade are Nigerians. Aliyu said CAPP by its mandate and vision must play a prominent role in the resolution of the situation in Libya, whose government has pledged investigations. The organisation plans to embark on an awareness exercise in affected countries like Cameroon, Libya and Nigeria, against human trafficking and illegal migration. CAPP was convened in Khartoum, Sudan in 2013 with the participation of 45 political parties from 33 African countries.
December 05, 2017 12:00 UTC
AdvertisementThe report also highlights how Islamic finance can help countries adapt to difficult economic conditions. There were 677 Islamic finance education providers in 2016, of which 191 provided a total of 322 Islamic finance degrees. Governments in Bahrain, Malaysia and Indonesia made particular efforts to push Islamic finance education and literacy. Box: 1426, Dubai Media City, Dubai, UAEICD Thomson Reuters Islamic Finance Development Indicator BackgroundThe ICD Thomson Reuters Islamic Finance Development Indicator is a composite weighted-index that measures the overall development of the Islamic Finance industry by providing an aggregate assessment of the performance of all its parts, in line with the objectives of Islamic principles. population size) will be considered while measuring the health of the Islamic finance industry in each country.
December 05, 2017 11:26 UTC
At the recent African Union-European Union Summit held in Abidjan, Ivory Coast, leaders from the two continents unanimously agreed to an emergency evacuation plan for all migrants currently stranded in Libya. The summit discussed at length the disturbing reports of African migrants being sold as slaves in Libya and resolved to repatriate them to their respective countries. Speaking at the summit, French President Emmanuel Macron said the emergency evacuation operation was agreed by nine countries from Africa and Europe, including Libya, France, Chad, Niger, and Germany. Many are even asking whether it’s a crime to be black in Libya or any other part of the world. The emergency evacuation initiative is seen as part of EU’s wider strategy to reduce illegal migrations through the Mediterranean route.
December 05, 2017 10:18 UTC
President Abdel Fattah Al Sisi will be hosting six African heads of state at the Africa 2017 Forum (www.BusinessForAfricaForum.com) that will take place this week in the picturesque beach resort of Sharm El Sheikh, Egypt. The Forum will start with a Young Entrepreneurs Day, with 50 of Africa’s leading start-ups in funding and partner pitches. This business and investment Forum, whose theme is “Driving investment for inclusive growth’, has been convened to increase intra African investments and cross border collaboration. Distributed by APO Group on behalf of Africa 2017. Africa 2017 is one of the premier business platform to nurture new partnerships; meet investors and fast track your business objectives in Africa.
December 05, 2017 10:18 UTC
Encouragement of startups to partner mobile operators for the roll-out of more innovative services is at an all time high. There are numerous hurdles to face in the route to getting a meeting with an operator, but once you’re there – will your pitch deck let you down? Not wanting the wider ecosystem to miss out, the GSMA Ecosystem Accelerator has compiled the top four tips for startups distilled from the event on how to craft a compelling pitch deck for mobile operators. Know who you are speaking toBefore the meeting, make sure you know the person you will pitch to. Tailor your pitch accordinglyCustomise your pitch deck – use market research and data; and showcase studies and success stories.
December 05, 2017 09:56 UTC
The first Africa-based Startupbootcamp accelerator concluded with a demo day in Cape Town last week, where it was announced participating companies had signed a total of 32 agreements with corporate partners. The aim of the programme was to help bridge the gap between corporates and startups, with the 10 startups securing 32 signed agreements with large companies. The Startupbootcamp Cape Town programme is also incorporating a fractional investment platform, EasyEquities, which allows anyone to invest in these startups. Startupbootcamp Cape Town is the first mentor-driven, multi-corporate backed accelerator programme for top-tier tech ventures in Africa,” said Philip Kiracofe, co-MD of Startupbootcamp Cape Town. “This was the first multi-corporate backed, multi-sponsor backed Accelerator on the continent and it proved in demonstration that startups and corporates can collaborate successfully in the innovation space,” said Zachariah George, co-MD of Startupbootcamp Cape Town.
December 05, 2017 09:22 UTC