Search Results for: Congo

An unprecedented spike in rhino poaching has not only threatened the existence of the charismatic species but also shone a spotlight on the highly organised criminal networks responsible. Wildlife crime is no longer seen as victimless or offering little reward but authorities are fighting back with some innovative tactics, reports Mark Rowe. …

Activists in the Democratic Republic of the Congo (DRC) are locked in a battle with President Joseph Kabila’s administration over what they are describing as an attempt to extend his mandate beyond the official end of his second – and final – term in November.…

The Open University of Tanzania (OUT) is reaching out to higher education institutions in other neighbouring countries to establish collaborations that will encourage more foreign students to enroll for distance learning.
University vice chancellor Professor Tolly Mbwette said the institution’s board hoped to spread its influence regionally: “We are now the largest distance learning university in the region and our plan is to take distance learning to most countries in East Africa and those under the Southern African Development Community [SADC] by 2016.”…

One of the biggest expanding markets for cosmetics and personal care products is sub-Saharan Africa. A key exporter to the region, L’Oréal has estimated that the overall African beauty and personal care market generated EUR6.93 billion (USD8.61 billion) in 2012, growing at between 8% and 10% annually, compared to a global market growth rate near 4%.…

Chinese construction firms have cornered plenty of business in Africa and Latin America, but they need upskilling to consolidate their position. Anyone who observes the queues of nervous young men lining up in the early morning in Beijing’s tree-lined Sanlitun diplomatic district will be in no doubt of the intensity of Chinese activity in Africa and Latin America.…

The European Commission has chosen the path of self-regulation to push European Union (EU) metal and mining companies into a “responsible trading strategy” as regards minerals sourced from conflict zones.

As a prelude to next month’s EU-Africa Summit meeting on April 2-3 in Brussels, EU trade Commissioner Karel De Gucht today unveiled a three-point plan involving self-certification for importers.…

Botswana’s first private university, the Malaysian-owned Limkokwing University of Creative Technology (Limkokwing Botswana), has continued to flex its muscles in this diamond-rich Southern Africa nation, taking advantage of a fast growing tertiary education sector. Botswana’s college and university student (aged 18-24) enrollment has grown from 11.4% in 2007/08 to 16.4% in 2012, or 46,613 students.…

AUTHORITIES in Italy have seized and frozen assets belonging to a Rome company that abused financing from the European Development Fund (EDF) destined for development projects in some of the poorest parts of Africa.

The action follows a joint investigation – Operazione Pioggia nel deserto, or Operation Rain in the Desert – by the European Union (EU) anti-fraud office OLAF and the Italian financial police the Guardia di Finanza, which together uncovered frauds depriving the EU of more than EUR9 million.…

ISLAMIC banks are big business in the Middle East and Southeast Asia, but not thus far in sub-Saharan Africa. The World Bank’s International Finance Corporation (IFC), however, recently took a USD5 million, 15% equity stake in Kenya’s Gulf African Bank (GAB) to support corporate finance and lending to small and medium businesses – its first in the sub-Saharan Islamic bank sector.…

A PUSH by the G8 group of the world’s seven most industrialised nations plus Russia to improve extractive industry transparency and openness can help industrial minerals companies manage the payments they make in developing counties, as they will only have to follow one set of rules, according to Rio Tinto chief executive Sam Walsh.…