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Archive for ‘September, 2009’

Banking on Africa: the examples of Kaberuka and Sinon

Banking on Africa: the examples of Kaberuka and Sinon

The goal of the African Development Bank (AfDB) Group is to create sustainable economic development and social progress in its regional member countries (RMCs), thereby helping to reduce poverty. This is achieved by mobilizing and allocating resources for investment in RMCs & providing policy advice and technical assistance to support development efforts.

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Femi Kuti brings the roof down at Chicago’s Ravinia music festival

Femi Kuti brings the roof down at Chicago’s Ravinia music festival

Can’t Buy Me, a song that addresses the sugar daddy syndrome, was greeted by cheers…. When he sang his anti government song, Se Were, the crowd was really ready for the roof to come down as the dancing got more frenzied. When he ended with Fela Ko Ji Ku, a song stating that Fela still lives, he took the roof with him as he exited. The band continued playing and the dancers gyrated and twisted their way off stage.

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Nigeria’s troubled banking system and need for CBN reforms

Nigeria’s troubled banking system and need for CBN reforms

Nigerian banking is being pulled from the crisis and profligacy of the past 5 years inflicted by bank executives and some failings on the part of the regulators. Hence, more pragmatic steps seem to be taking shape, led newly-appointed Central Bank of Nigeria Governor Sanusi Lamido, to arrest the ugly situation. Regardless, charges of regional (northern) favoritism, accusations of unfair and hasty leap have been placed at his doors by some southern Nigerian bankers and beneficiaries of the previous order of things. USAfrica’s researcher since 1994 and Principal Policy analyst for Afripol EMEKA CHIAKWELU explores this issues and its implications

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Awofeso: Nigeria’s odyssey and the diffident leadership of President Yar’Adua

Awofeso: Nigeria’s odyssey and the diffident leadership of President Yar’Adua

In these closing months of 2009, Nigeria’s predictably dire future will need to be re-assessed to decide the ultimate political question of whether or not Nigeria will continue on its current odyssey under the yet diffident leadership of President Umaru Musa Yar’Adua.

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Oprah picks Nigerian author’s short stories

Oprah picks Nigerian author’s short stories

Uwem notes that: “I was inspired to write by the people who sit around my village church to share palm wine after Sunday Mass, by the Bible, and by the humour and endurance of the poor.”

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Democrats who voted against public OPTION got $19 million from healthcare firms, lobbyists

Democrats who voted against public OPTION got $19 million from healthcare firms, lobbyists

Finance Committee Chairman Max Baucus (D-MT) alone accounts for nearly $8 million of the total. In addition, five of his former staff members — including two former chiefs of staff — are now lobbyists representing organizations with a strong interest in the health care bill.

Joan Walsh of Salon took Baucus to task for his vote, writing, “So let’s get this straight: Baucus admits the public option would ‘hold insurance companies’ feet to the fire,’ but he voted against it? Is there any clearer evidence that Baucus is in the pocket of the health insurance industry?”

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Suleiman: I am Hungry, Please Re-brand me

Suleiman: I am Hungry, Please Re-brand me

I am Nigeria. Malaria, typhoid and many other preventable diseases send me to hospitals which have no doctors, no medicines and no power. So my wife gives birth with candle light and surgery is performed by quacks. All the nurses have gone abroad and the rest are waiting to go also. I have the highest maternal and infant mortality rates in the world and future generations are dying before me. I am hopeless, hapless and helpless, please re-brand me.

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Guinea’s dictator Camara apologizes: claims “atrocities” by “uncontrollable elements in the military….”

Guinea’s dictator Camara apologizes: claims “atrocities” by “uncontrollable elements in the military….”

The brutal events have drawn international condemnation. Camara said: “Very frankly speaking, I’m very sorry, very sorry….”Even I, as head of state in this very tense situation, cannot claim to be able to control those elements in the military.”

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Africa Action, ECOWAS condemn Guinea’s killing of 160 “peaceful demonstrators”

Africa Action, ECOWAS condemn Guinea’s killing of 160 “peaceful demonstrators”

“They were raping women publicly. Soldiers were shooting everywhere and I saw people fall” Mouctar Diallo, opposition activist

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U.S. AfriCom’s commander Ward: no plans to move hqs to Africa

U.S. AfriCom’s commander Ward: no plans to move hqs to Africa

Washington has no plans “for the foreseeable future” to move the headquarters of U.S. Africa Command – nor any of its military components – to the continent, AfriCom chief Army Gen. William “Kip” Ward has said. That command was one of three U.S. military commands that had authority over Pentagon activities in Africa. U.S. officials are not planning to “send garrisons” of forces onto African soil, Ward said.

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Darfur, Sudanese refugees face rape daily in Chad

Darfur, Sudanese refugees face rape daily in Chad

The Amnesty International report says the women and girls are attacked by villagers living nearby, members of the Chadian army and aid workers in the camps. The global human rights body says it is difficult to give the exact number of victims because they rarely report the violence. “Many people know that women who venture outside refugee camps in eastern Chad to collect firewood and water face harassment and rape,” said Tawanda

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Massacre, rapes in Guinea draw condemnation from U.S and EU.

Massacre, rapes in Guinea draw condemnation from U.S and EU.

(Xinhua) — The United States on Tuesday condemned recent violence in Guinea between the military troops and opposition demonstrators, urging a return to civilian rule. In a statement, State Department spokesman Ian Kelly slammed the Guinean military troops for their “brazen and inappropriate use” of force and carrying out “brutal rapes and sexual assaults” against [...]

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If it is building bigger churches, no other race surpasses ‘Black/African’ folks in Africa or USA

If it is building bigger churches, no other race surpasses ‘Black/African’ folks in Africa or USA

Despite many years of separation from the continent, the way Blacks and Africans do things are alarmingly similar. They will build a bigger church but when it comes to doing something to help advance their community, they will have their hands out to others. No Black church or her African counterpart has embarked on an aggressive research to find a cure for sickle cell; a disease that is known to afflict mostly black people.. In the Nigerian community in US, a recent survey indicates that about 15% of kids born to Nigerians families in US, have the disease and yet, no church big or small, has taken up this issue to address.

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Houston can’t wait for expanded light rail

Houston can’t wait for expanded light rail

Light rail holds too significance to the Bayou City of the 21st century to be considered only so casually, disjointedly and often from partisan political prism.

What is important here is that the contract brings to active life an expansion of light rail in this city. It is worth celebrating given that organized partisan opposition to light rail has been the Achilles heel of mass transit in Houston.

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AIG bonus and congressional posturing

AIG bonus and congressional posturing

AIG bonus and congressional posturing By Ken Kemnagum Okorie Special to USAfricaonline.com and USAfrica The Newspaper, Houston Few events in recent times have showcased Washington DC in its true political color as did the AIG bonus debacle of March-April 2009. Washington is truly a circus of posturing where  actors overindulge in childish gotcha. Seemingly, the [...]

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Nigeria set to be world’s 2nd Largest Supplier of Liquefied Natural Gas

Nigeria set to be world’s 2nd Largest Supplier of Liquefied Natural Gas

Special Adviser to the President on Petroleum Matters, Dr. Emmanuel Egbogah, who made these known said “Nigerian LNG has a total installed capacity of 22 million metric tones of LNG per annum. In addition to the Nigerian LNG, other LNG projects such as the Brass, Olokola and other third party LNG plants are awaiting final investment decision, which is dependent on resolution of gas supply issues. The Brass and OKLNG facilities when completed, will add more than over 30 million metric tones of additional LNG capacity for export.”

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2010 World Cup qualifying’s top players; Ronaldo missing

2010 World Cup qualifying’s top players; Ronaldo missing

Current FIFA World Player of the Year, Portugal’s Cristiano Ronaldo, is not on the list, and Portugal is in grave danger of missing the World Cup. Across the Atlantic, Lionel Messi of Argentina, considered by many to be the best soccer player in the world, also has missed the list, as his side has slipped from contention.
Also, it’s no coincidence that all of the players on this list are on successful squads. Cesar’s Brazil, Lampard’s and Rooney’s England, Villa’s and Joan Capdevila’s Spain and Andre Ooijer’s and Joris Mathijsen’s Dutch teams have all already qualified for South Africa. Bocanegra’s U.S. side is currently in first place in the CONCACAF region. Bastian Schweinsteiger’s German team is atop Group Four in Europe, followed closely by Konstantin Zyryanov’s Russian side.

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District 9 movie draws anger of Nigerians; caricatures Obasanjo…

District 9 movie draws anger of Nigerians; caricatures Obasanjo…

None of the groups shown comes out particularly well, but the Nigerians are portrayed as gangsters, cannibals, pimps and prostitutes, while their leader’s name is pronounced Obasanjo — the same as that of Nigeria’s former president. Nigeria has banned cinemas from showing it.

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‘Al-Qaeda threat’ closed US embassy in South Africa

‘Al-Qaeda threat’ closed US embassy in South Africa

The embassy, consulates in Johannesburg, Cape Town and Durban, as well as aid and development offices, have been closed since Tuesday after the State Department said a “credible” threat had been received…. South Africa itself is not seen as a target for terrorist attacks, but the incident has heightened security concerns in the country ahead of the 2010 football World Cup.

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Why Nigerian and Africa’s leaders are leading them nowhere

Why Nigerian and Africa’s leaders are leading them nowhere

In an interview with the Financial Times (London), Nigeria’s leader retired Gen. Obasanjo could not but admit: “In three years I went round the world and did not get anything… I went round the countries in Europe, twice over, I went to Japan, to America, to Canada and got good words… but no action at all.” Yet, if Obasanjo continues his current rate of travel overseas in the remaining 12 months of his presidency, he will make a further 30 trips with the whooping cost of US$6 million to Nigeria’s forlorn economy.

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