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» 19.02.2010 - World Gold Council welcomes IMF gold sales











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Africa | Congo Brazzaville | Equatorial Guinea | Gabon | World
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Embezzlement case against Africa trio overturned

afrol News, 29 October - A French appeals court has overturned an application for lawsuit against three African leaders accused of embezzlement, citing lack of locus standi in the matter.

Transparency International had called for the trial of three African presidents, Denis Sassou-Nguesso of Republic of Congo, Teodoro Obiang Nguema of Equatorial Guinea and the late Omar Bongo of Gabon - who died in June this year - for abuse of power and misuse of public funds which were allegedly used to secure luxury homes and cars in France.

The French appeals court has said that Transparency International could not act against foreign heads of state, in its ruling.

The institution of the case follows investigation in 2007 which found the three leaders and their relatives owned homes in upmarket areas of Paris and on the Riviera as well as luxury cars. But, three leaders and their governments have maintained no wrongdoing at all.

The international anti-corruption group had argued in its papers that there was no way that such properties could have been acquired through private funding or salaries of the leaders.

The appeals hearing follows an earlier granting by a French magistrate that the case could be heard in a French court.

Following today's ruling, Transparency International has said it would take a further appeal, adding that the ruling was questionable.


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Rwanda
Rwanda succeeds including citizens in formal financial sector

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.

Famine warning: "South Sudan is imploding"

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.
Guinea
Panic in West Africa after Ebola outbreak in Guinea

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Ethiopia
Ethiopia tightens its already strict anti-gay laws

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.
Ethiopia
Ethiopia plans Africa's biggest dam

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.



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