- A Chinese forestry development company has been given the right to set up a forest management unit in Congo Brazzaville's northern Sangha department.
An agreement signed between Yuan Dong's general manager Shan Yao Zhong and the Congolese minister of forestry Henri Djombo formalised the exploitation of the Ivindo forestry management unit.
The development is expected to increase forestry production from 137,040 to 547,026 hectares as well as create more than 150 new jobs in the area.
Congo will also benefit from the Chinese company's infrastructural projects such as schools, health centres and roads.
The Chinese company, which plans to establish a wood sawing unit in 2009 and a drying unit in 2010, wants to produce more than 80,000 cubic metres of undressed timber per annum thus generating close to CFA 5.5 billion by 2010.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.