Africa – 31 July 2014

US-Africa summit: Mugabe snubbed, Malema’s group blast US
President Barack Obama, whose election in 2008 as the first black American president sparked huge expectations in Africa, will at last hold a summit next week for the continent’s leaders.
Invitations were sent to 50 heads of state and government for talks that seem designed as a counterweight to China’s decade-long surge in investment and trade with Africa. The Zimbabwe Mail.


Boko Haram kidnap wife of Cameroon vice PM
Boko Haram has stepped up cross-border attacks into Cameroon in recent weeks, including a number of high-profile kidnappings.
Boko Haram have killed hundreds of people this year, mostly in northeastern Nigeria, although they have bombed places across the country. (AFP)
Nigerian Boko Haram militants kidnapped the wife of Cameroon’s vice prime minister and killed at least three people on Sunday in a cross-border attack involving more than 200 assailants in the northern town of Kolofata, Cameroon officials said. Mail and Guardian


BRICS Bank challenges the exorbitant privilege of the US dollar
Over 65 percent of the world’s nations keep their foreign exchange reserves in the US dollar, the dominant world currency. The creation of the BRICS Bank and other financial interventions will likely weaken the dollar’s dominance and contribute to the creation a new international economic order. Pambazuka


Boko Haram born of poverty and elite politics
Boko Haram represents two contradictory developments in Nigeria. One, it is a reflection of the level of poverty, disillusionment and discontent in the region where Boko Haram have their base. Two, it’s also a reflection of elite politics played with the mask of ethnicity and religion. Pambazuka.