UK and Japan collaborate to stop mining in Angola MyZA

APO News from Africa:

UK and Japan collaborate to stop mining in Angola:

The Japanese demining project started on 11 August 2016 and was implemented by the NGO Norwegian People’s Aid. Its aim was to clear land mines and unexploded ordnance in the province of Malange, in the north of Angola.

The UK supported the Japanese government’s work to help clear 700,000 square metres of previously hazardous land. During the clearance, 165 anti-personnel mines, 1 anti-tank mine, 108 pieces of unexploded ordnance, 18 abandoned explosive ordnance and 1,310 pieces of small arms ammunition were destroyed.

Additionally, NPA ran 17 Risk Education Programmes. The purpose of the risk sessions was to teach rural communities to identify and report mines to local authorities. The programme helped over two thousand local residents.

These mines are a legacy of over four decades of fighting in Angola. Now this mine-free land has been returned to the community and can be used for initiatives like agriculture, housing, building schools, police stations or hospitals.

Distributed by APO on behalf of British Embassy Luanda.

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Source: APO – Africa-Newsroom: latest news releases related to Africa

EU and CARE support renewable energy and road sector in Somalia:

Today, the Somali Education Authorities, together with the European Union and CARE International, launched a 3.8 million Euro project in Kismayu on vocational and higher education to train people in jobs related to road infrastructure and renewable energy.

The launch took place at the Presidential palace in Kismayu in the presence of the President of Jubaland, Ahmed Mohamed Islam, “Ahmed Madobe” and Ambassador of the EU to Somalia, Veronique Lorenzo. It was attended by education authorities from Jubaland, Puntland, Galmudug and the Federal Government. Other stakeholders present included representatives of the private sector, civil society organisations, Puntland road authority, Kismayu municipality, youth and women's groups.

“There is an urgent need for a human resource base with a higher level of vocational and technical skills to address the demands of the labour market in Jubaland and Somalia”, said Jubaland President Ahmed Mohamed Islam. “In Jubaland this is particularly important because the region has significant needs for reconstruction: battered roads, unaffordable electricity and unreliable energy supply, these are all factors that exclude the people of Jubaland from equitable development.”

The project which will be implemented countrywide will train a total of 500 youth and aims to promote economic growth by training technicians and professionals who will support roads and renewable energy sectors that is particularly important because the inadequate supply of clean energy and underdeveloped road networks are a major hindrance to economic development, poverty reduction and access to markets.

Technical and Vocational Training institutions and universities in Somalia will also benefit from the project in terms of capacity to deliver quality education and training. Eindhoven University of Technology (Netherlands) will provide the technical know-how related to the project.

“This initiative comes at a crucial time of reconstruction and development of Somalia following decades of conflict. Owing to the long period of violence, there has been little investment in or maintenance of infrastructure, which is crucial for expansion of domestic trade, access to markets and employment creation. The participation of the private sector in the project is an indication of their important role in spurring development through skilled workforce in Somalia,” EU Ambassador to Somalia Veronique Lorenzo said.

Distributed by APO on behalf of EU Delegation to Somalia.

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Source: APO – Africa-Newsroom: latest news releases related to Africa

The Nigerian Stock Exchange X-Gen News Alert – CAP Plc:

Company Name: CAP Plc (www.CAPplc.com)
Company Symbol: CAP
[CAP]>> Company Report
Chemical and Allied Products Plc

Audited Financial Statement for the Year Ended 31st December, 2016

December 2016 December 2015
N'000 N'000

Revenue: 6,813,984 7,056,876
Profit/(Loss) before Tax: 2,296,821 2,570,021

Income Tax Expense: (693,464) (830,462)
Profit/(Loss) for the Year: 1,603,357 1,739,559

Earnings per Share (K): 229 249
Proposed Dividend: 220 Kobo Per Ordinary Share

Closure of Register: May 30th, 2017 to June 5th, 2017 (Both Dates Inclusive)
Payment Date: 13th June 2017
AGM Date: 13th June 2017

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

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