• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development
    $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa’s established Broadband Coverage by 2030
    Nigeria Launches National Domestic Payments Card Program
    In Guinea-Bissau, ECOWAS Parliament held a 3 Day Seminar on the Adoption of a Single Currency for Member African States
    $30 Billion has been pledged by the African Development Bank and Development Partners to Finance Food and Farming in the Next Five Years
    $7.9 Billion in Exports glid in 2021 from the East African Community (EAC) Bloc to Africa amidst the Novel Corona Virus (COVID -19) Consequence
    President William Ruto of Kenya has Urged fellow African Rulers to address on Agribusiness beyond Production to Value Addition and Manufacturing
    Africa’s Economic Growth to Outpace Global Forecast in 2023-2024, AfDB Report
    Growers in Uganda to succeed from Nigeria’s AFEX’s Tech-Enable Products having expanding its Products Exchange Business in Nigeria’s AFEX from Kenya
    Nigeria Sets Quality Control and Assurance Laboratory for the Oil and Gas Industry

    $1.3 Billion to be reimbursed by Germany as it formally accepts Colonial Era Genocide

    Posted On 31 May 2021
    By : New Africa Business News, Staff Correspondent
    Comments: 22

    By Abdul Rahman Bangura–

    Photo Credit: Fine Art America

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- More than 100 years and more after the vices perpetrated by the German colonial power in what is now Namibia, Germany has formally acknowledged the monstrosities inflicted against the Herero and Nama ethnic groups as genocide. The Cable News Network (CNN)
    published.

    Germany will subsidize Namibia and the offspring of the victims with €1.1 billion for reconstruction and development and beg for forgiveness for the “crimes of German colonial rule,” German Foreign Minister – Heiko Maas told in a statement on Friday May 28th, 2021.

    “Our goal was and is to find a common path to genuine reconciliation in memory of the victims. This includes naming the events of the German colonial period in what is now Namibia, and in particular the atrocities in the period from 1904 to 1908, without sparing or glossing over them. We will now also officially call these events what they were from today’s perspective: a genocide,” Maas let out.

    The Namibian administration saw the formal acknowledgment of the horrors as genocide as a key step in the manner of reconciliation and reparation, Namibian Presidential Press Secretary – Alfredo Hengari warned CNN on Friday May 28th, 2021.

    “These are very positive developments in light of a very long process that has been accelerated over the past five years. People will never forget this genocide; they live with it. And this is an important process in terms of healing those wounds,” he said.

    German troops killed up to 80,000of Herer Nama people in the Southern African nation between 1904 and 1908 in reaction to an anti-colonial revolution, according to the United States Holocaust Memorial Museum.

    According to chroniclers, the bloodstained warfare came about when the Herero indigenous tribe protested against colonial troops over land usurpations. Germany, which today lends in rehabilitation to Namibia, offered its first formal apology for the conflict in 2004.

    Both countries had been in talks since 2015 to negotiate rebate for the butchery by German colonial forces. Maas told in his affidavit that, delegates of the Herero and Nama communities were “closely involved” in the negotiations on the Namibian side.

    “The crimes of German colonial rule have long burdened relations with Namibia. There can be no closing of thereof on the past. Nonetheless, the recognition of guilt and our request for an apology is an important step towards coming to terms with the crimes and shaping the future together,” Maas said.

    German platforms is noting that an official request for clemency will be made by German President Frank-Walter Steinmeier at a ceremony in the Namibian parliament.

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

     

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    $580 Million worth of cassava being imports by Nigeria by-products yearly Godwin Emefiele – Governor of Nigeria’s Central Bank disclosed

    Next Story

    Agribusiness Confederation of East Africa(ACEA) Launches E Platform

    22 Comments

    1. Frank May 31, 2021 at 3:37 am Reply

      Over due. We owe Namibia more than $900 Billion United States Dollars. Time to pay them. Frank in Berlin Germany

      • New Africa Business News, Staff Correspondent May 31, 2021 at 4:24 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Anna May 31, 2021 at 3:43 am Reply

      Thank you for the report. We Germans should take a loan and pay Namibia the hundreds of Billions we owe them. Frankfurt in Germany. Anna

    3. Otto May 31, 2021 at 3:50 am Reply

      Other European Countries that did the same, if not more, should start to take responsibility and pay the trillion of dollars that they owe to most African Countries. Hanover GERMANY. Otto

      • New Africa Business News, Staff Correspondent May 31, 2021 at 4:24 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Andy May 31, 2021 at 3:53 am Reply

      We in England also have to start paying the many trillions we owe and return all the arts we stole. Andy in Bristol, UK

      • New Africa Business News, Staff Correspondent May 31, 2021 at 4:24 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Ahmed May 31, 2021 at 4:00 am Reply

      The truth would always come. Thank you for this beautiful report. Casablanca in Morocco. Ahmed

    6. Lisa May 31, 2021 at 4:07 am Reply

      What’s France and other European countries waiting? They need to immediately start paying the many billions of dollars that they owed to our great African Countries. Lisa in Gaborone BOTSWANA

      • New Africa Business News, Staff Correspondent May 31, 2021 at 4:24 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    7. James May 31, 2021 at 4:09 am Reply

      Thank you for the newsletter today, love it. Toronto Canada. James

      • New Africa Business News, Staff Correspondent May 31, 2021 at 4:24 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    8. Paul May 31, 2021 at 4:13 am Reply

      Good start for Germany, taking full responsibility. The millions that they killed and the wealth they took with them. Very sad. Paul in Juba South Sudan

      • New Africa Business News, Staff Correspondent May 31, 2021 at 4:24 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    9. Joseph May 31, 2021 at 4:14 am Reply

      The Leadership in Germany need to be thank. Kampala Uganda. Joseph

      • New Africa Business News, Staff Correspondent May 31, 2021 at 4:23 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    10. Sam May 31, 2021 at 4:21 am Reply

      Europe owes Africa in today’s money value more than 400 trillion British pound sterling’s. They need to make payment arrangements to pay these money. Thank you, Journalist Bangura and your teams for this timely coverage. Am sure the many millions all over the world would read this report. Luanda in Angola. Sam

      • New Africa Business News, Staff Correspondent May 31, 2021 at 4:23 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    11. Roka May 31, 2021 at 4:32 am Reply

      Thank you for reporting. Fan of your online newspaper. Love reading news of Afrika. Roka in Bissau, Guinea Bissau

      • New Africa Business News, Staff Correspondent May 31, 2021 at 4:32 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    12. Ousmane May 31, 2021 at 4:35 am Reply

      They all owe Africa lot of money. Great report. Bamako Mali. Ousmane

      • New Africa Business News, Staff Correspondent May 31, 2021 at 4:36 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development

    Posted On 06 Feb 2023

    $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa's established Broadband Coverage by 2030

    Posted On 03 Feb 2023

    Nigeria Launches National Domestic Payments Card Program

    Posted On 02 Feb 2023

    New Africa Business News 2022-2023 Person of The Year Goes to Professor Patrick Loch Otieno Lumumba (PLO Lumumba)

    Posted On 05 Jan 2023

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    New Africa Business News Award Medalist of Excellence as Africa's President of the Year 2020-2021 meets the Heads of his Ancestors on March 17th, 2021 Samia Suluhu Hassan divulged

    Posted On 20 Mar 2021

    Thanks for reading, Africa’s fastest...

    Posted On 21 Jan 2023

    Thanks for reading, Africa’s fastest...

    Posted On 21 Jan 2023

    Thanks for reading, Africa’s fastest...

    Posted On 21 Jan 2023

    Facebook

    Latest Posts

    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development

    $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa's established Broadband Coverage by 2030

    Nigeria Launches National Domestic Payments Card Program

    Recent Posts

    • A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development
    • $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa’s established Broadband Coverage by 2030
    • Nigeria Launches National Domestic Payments Card Program
    • In Guinea-Bissau, ECOWAS Parliament held a 3 Day Seminar on the Adoption of a Single Currency for Member African States
    • $30 Billion has been pledged by the African Development Bank and Development Partners to Finance Food and Farming in the Next Five Years

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.