U.S. Statement on the Nomination of a New Prime Minister in the Democratic Republic of Congo

The United States reiterates its disappointment that signatories to the December 31 agreement were unable to reach agreement on the selection of a new Prime Minister in accordance with the agreement. Full and swift implementation by the government of the DRC of the agreement in conformance with UN Security Council Resolution 2348 is essential to ensure the first peaceful democratic transfer of power in the Democratic Republic of Congo (DRC). It is also essential to ensuring that the desire of the Congolese people to vote in free and fair elections is respected. Unfortunately, uncertainty about the government’s commitment to implement the agreement and hold elections by the end of 2017 is creating a worrisome uncertainty across the DRC.

The United States encourages leaders of the opposition Rassemblement coalition to work with the Council of Catholic Bishops and other signatories to the December 31 agreement towards the goal of elections and a peaceful, democratic transfer of power.‎ The United States urges both the DRC government and leaders of the political opposition to refrain from any statements or actions that could incite violence. The United States remains prepared to impose restrictions on individuals – whether government or opposition – who undermine DRC’s democratic institutions.

Distributed by APO on behalf of U.S. Embassy Kinshasa.

Media files

Download logo

Source:: U.S. Statement on the Nomination of a New Prime Minister in the Democratic Republic of Congo


Categories: AFRICA | Tags:

COTA Baroque Festival a great success

With the support of the German Embassy in Namibia, this year’s Baroque Festival took place on the 7th and 8th of April under the roof of the Dutch Reformed Church. This is the seventh time that the festival has been organized by the College of the Arts (COTA). The large audience enjoyed this very special musical event, to which they were welcomed by Mr. Ullrich Kinne, Chargé d’Affaires a.i. of the German Embassy. Mr Kinne emphasised that the German Embassy sees it as very important to support the development of young Namibian artists. He also highlighted the possibility that the event provided for the Namibian audience to get in touch with the German musical culture.
Ambitious soloists and the best COTA students got the chance to perform with a small baroque ensemble under the guidance of the renowned South African conductor Alexander Fokken. By playing compositions from Johann Sebastian Bach and Georg Friedrich Händel, the audience was provided an insight into the German baroque music era.
In addition, the two guest soloists Jürgen Kriess und Enrico Palascino performed single concerts “Autumn” and “Spring”, from Vivaldi’s famous concert programme “The Four Seasons”.

Distributed by APO on behalf of The Embassy of the Federal Republic of Germany – Windhoek.

Media files

Download logo

Source:: COTA Baroque Festival a great success


Categories: AFRICA | Tags:

The Nigerian Stock Exchange X-Gen News Alert – Capital Oil Plc

Company Name: Capital Oil Plc (www.CapitalOilPlc.com)
Company Symbol: CAPOIL
[CAPOIL]>> Company Report
Capital Oil Plc

Market Summary for the Year Ended 31st December, 2016

Notes 31/12/2016 31/12/15

Revenue 840,383,577 1,132,722,975
Gross Profit 108,639,271 164,015,101
Administrative Expenses 12 (434,800,037) (154,821,145)
Selling & Distribution Expenses 13 (24,994,150) (54,890,083)
Other Income 14 33,531,695 3,104,579

Loss from Operations 317,623,221 (42,591,548)
Finance Income 15 800,000 3,160,000
Finance Cost 16 (20,113,619) (16,721,840)
Loss before Tax (336,936,840) (56,153,388)

Taxation 11.1 (3,315,888) (5,698,500)
Income (Net Of Tax) (340,252,728) (61,851,888)
Profit/(Loss) after Tax (340,252,728) (61,851,888)
Earnings per Share (0.14) (0.03)

Distributed by APO on behalf of The Nigerian Stock Exchange Corporate News.

X-Gen News Alert offers Corporate Disclosure Information from the Nigerian Stock Exchange via Email.

Financial News Headlines from Listed Companies;
Data Coverage on Nigerian Stock Exchange Equities;
News items are delivered to you on a Real Time Basis.

Timeliness: Investors are able to make quick decisions on timely information;
Integrity of Information: News items are delivered from source;
Consistency: Corporate Disclosures from listed companies are delivered to you from a single source via Email.

Contact the Nigerian Stock Exchange Market Data Team for more information on +234 (1) 448 5857 or e-mail MarketData@NSE.com.ng.

Media files

Download logo

Source:: The Nigerian Stock Exchange X-Gen News Alert – Capital Oil Plc


Categories: AFRICA | Tags:

UNHCR says death risk from starvation in Horn of Africa, Yemen, Nigeria growing, displacement already rising

This is a summary of what was said by UNHCR spokesperson Adrian Edwards – to whom quoted text may be attributed – at today’s press briefing at the Palais des Nations in Geneva:

UNHCR, the UN Refugee Agency, is warning today that the risk of mass deaths from starvation among populations in the Horn of Africa, Yemen and Nigeria is growing. This warning is in light of droughts that are also affecting many neighbouring countries and a funding shortfall that has become so severe that an avoidable humanitarian crisis in the region, possibly worse than that of 2011, is fast becoming an inevitability.

Already displacement is rising, forcing us to upgrade our displacement estimates for 2017. In Sudan, for example, where our initial estimate was for 60,000 arrivals from South Sudan this year, we are in the process of revising the expected total upwards to 180,000. Similarly in Uganda we are revising planning from 300,000 displaced to 400,000.

In all, some 20 million people in these countries are in areas affected by drought, 4.2 million of whom are refugees. Consecutive harvests have failed, conflict in South Sudan coupled with drought is leading to famine and outflows of refugees, insecurity in Somalia is leading to rising internal displacement, and rates of malnutrition are high, especially among children and lactating mothers. In the Dollo Ado area of southeast Ethiopia for example, acute malnutrition rates among newly arriving Somali refugee children aged between 6 months and five years are now running at 50-79 percent.

Children account for the majority of refugees (62 per cent, for instance, in the case of refugees fleeing South Sudan) and in common with other refugees nearly all are dependent on food assistance via our sister-agency WFP. With no money to buy food, rations however are being cut. In Djibouti rations have been cut by 12 per cent, in Ethiopia, Tanzania, and Rwanda by between 20 and 50 per cent, and in Uganda by up to 75 per cent. Many refugees are without full access to livelihoods and agriculture or food production and their ability to take matters into their own hands and help themselves is limited.

In this context, the risks to children can be particularly great. Already, many are dropping out of school. In Kenya, 175,000 students in drought areas have stopped attending school. In Ethiopia, almost 600 schools have closed. In all, some five million children could in the coming weeks and months see their educations being disrupted.

Inside Somalia, the internal displacement dynamics are shifting too. Of the half a million people displaced since November, 278,000 were displaced in the first quarter of 2017. More than 72,000 of these have moved to the capital Mogadishu. Some 69,000 others have headed to Baidoa in the country’s southwest. Somalia continues to see a complex situation of both outflows and returns (mainly from Yemen).

In famine hit parts of South Sudan, where UN agencies warned in February that fighting, insecurity, lack of access to aid and collapsing economy had left 100,000 people facing starvation in some parts of the country, a further 1 million people are now on the brink of famine.

In Yemen, which is experiencing the world’s largest humanitarian crisis with almost 19 million people in need of humanitarian help, around 17 million people are food insecure. Food needs are being cited as the lead factor in displacement at three quarters of all locations where there are internally displaced people.

In northern Nigeria, seven million people are now struggling with food insecurity and need help. The situation is particularly bad in parts of Borno, Adamawa and Yobo states where by June it’s expected that some 5.1 million people will be in Integrated Food Security Phase classification levels of between 3 and 5 (worst).

UNHCR is scaling up efforts with its partners, we remind the international community that the Horn of Africa drought of 2011 cost more than 260,000 lives, more than half of these children aged below five. A repeat must be avoided at all costs. Our operations in South Sudan, Somalia, and Yemen are today funded at between 3 and 11 percent. It is now urgent that the shortfalls be addressed.

Distributed by APO on behalf of United Nations High Commissioner for Refugees (UNHCR).

Media files

Download logo

Source:: UNHCR says death risk from starvation in Horn of Africa, Yemen, Nigeria growing, displacement already rising


Categories: AFRICA | Tags: