LUSAKA, Jan 21 (Reuters) – Zambia’s ruling Patriotic Front
(PF) party candidate Edgar Lungu took an early lead on Wednesday
in a presidential election that ran into a second day after
heavy rains disrupted voting.
Results from 14 out of 150 constituencies showed defence and
justice minister Lungu, 58, had 103,634 votes, compared to
47,731 for his main rival, Hakainde Hichilema, 52, a wealthy
economist from the United Party for National Development (UPND).
LUSAKA, Jan 20 (Reuters) – Zambians flocked to the polls on
Tuesday to choose the next leader of one of Africa’s most
promising frontier markets, in what shaped up as a tight race
between a populist lawyer and a wealthy economist.
Edgar Lungu, leader of the ruling Patriotic Front (PF), is
seen having a slight edge over main rival Hakainde Hichilema, a
businessman whose United Party for National Development has
wooed the middle-class and investors.
NDOLA, Zambia (Reuters) – Zambia’s copper industry, the spluttering motor of one of Africa’s fastest-growing economies, has been at the heart of campaigning for Tuesday’s presidential election and poses a big headache for the country’s next leader.
Hit by plummeting metal prices, accusations of corruption and a hike in taxes, mining companies say production and jobs are at risk unless the new president steps in.
LUSAKA, Jan 16 (Reuters) – Zambian lawyer Edgar Lungu’s
rapid rise from backroom politician to presidential front-runner
in one of Africa’s most promising frontier markets has revealed
tactical nous and a steely determination that few knew lay
beneath his quiet exterior.
The ruling Patriotic Front (PF) candidate goes into the
copper producer’s Jan. 20 presidential by-election as slight
favourite over main rival Hakainde Hichilema, a businessman
whose United Party for National Development is popular with the
middle-class and investors.
JOHANNESBURG, Dec 18 (Reuters) – China will lend Angola’s
Sonangol $2 billion to expand oil and gas projects, the state
energy company said, helping to cement Beijing’s influence in
Africa’s second-largest oil producer.
The Chinese funds will provide welcome relief for Angola,
which has been hit by a nearly halving of oil prices since June,
helping send its kwanza currency to an all-time low on
almost a daily basis this month.
JOHANNESBURG, Dec 9 (Reuters) – Businesses have shut up
shop, generators have sold out and cars play cat-and-mouse at
darkened road junctions in South Africa, where power cuts have
suddenly become a daily reality.
Under white minority rule, South Africa subsidised
electricity heavily to attract foreign investment, although much
of the black-majority had no access to power.
JOHANNESBURG, Dec 8 (Reuters) – Washington did not know
about advanced negotiations to release South African teacher
Pierre Korkie before he was killed in a failed U.S.-led mission
to rescue hostages held by al Qaeda in Yemen, the U.S.
ambassador to South Africa said on Monday.
Pierre Korkie, 56, and American journalist Luke Somers, 33,
died of wounds after being shot during a special forces raid
intended to free Somers shortly after midnight on Saturday.
Washington says they were killed by their captors, members of al
Qaeda in the Arabian Peninsula (AQAP).
JOHANNESBURG (Reuters) – Barack Obama last year told a cheering crowd in Cape Town that a $7 billion plan to “Power Africa” would double electricity output on the world’s poorest continent and bring “light where currently there is darkness”.
A year later, the U.S. president’s flagship project for Africa has already achieved 25 percent of its goal to deliver 10,000 megawatts of electricity and bring light to 20 million households and businesses, according to its annual report.
JOHANNESBURG, Nov 28 (Reuters) – Barack Obama last year told
a cheering crowd in Cape Town that a $7 billion plan to “Power
Africa” would double electricity output on the world’s poorest
continent and bring “light where currently there is darkness”.
A year later, the U.S. president’s flagship project for
Africa has already achieved 25 percent of its goal to deliver
10,000 megawatts of electricity and bring light to 20 million
households and businesses, according to its annual report.
JOHANNESBURG (Reuters) – The cost of the Ebola epidemic on Sub-Saharan Africa’s economy is likely to be closer to $3-$4 billion, rather than a worst case scenario of $32 billion, the World Bank’s chief economist for the continent said on Wednesday.
Francisco Ferreira told a lecture in Johannesburg that successful containment of Ebola in some West African countries made its gloomiest forecasts less likely, although economic damage could still escalate if there was any complacency.