The Africa Report: 08 May
EWN's Africa Correspondent, Jean-Jacques Cornish, reports on the day's top African news
WORLD ECONOMIC FORUM IN CAPE TOWN
Under the theme "Delivering on Africa's Promise", the 23rd World Economic Forum on Africa (WEF-A) is set to kick off in Cape Town on Wednesday evening.
This year's forum presents Africa as an "investment phoenix" and will change the way Africans discuss the continent, shifting from development to business.
Attendees will discuss the three sub-themes: Accelerating Economic Diversification, Boosting Strategic Infrastructure, and Unlocking Africa's Talent.
Discussion will also take place regarding underpinning this year's expected annual growth of 5% in sub-Saharan Africa, largely due to rising resource prices.
Although Africa's many challenges remain, the World Bank has reported that almost half of African countries have attained middle-income status.
Thus, the discussions that will take place at this year's WEF-A are illustrative of the upward and forward growth of Africa.
Visiting Nigerian president, Goodluck Jonathan, will be participating Wednesday's WEF-A, joined by approximately 1000 government officials from across the continent, senior officials from the West, and hundreds of African business leaders.
For more on the WEF-A, visit www.weforum.org
NEW ERA FOR SOMALIA, SAYS SOMALIAN PRESIDENT
Somali President, Hassan Sheikh Mohamud, co-hosted the Somalia Conference in London with Prime Minister David Cameron on Tuesday, speaking of a new era for his country.
At the pledging conference, Mohamud asked for "considerable investment and support" from international donors to aid his government in stabilising Somalia after two decades of conflict.
Mohamud made an analogy, comparing Somalia to a young sapling tree that has grown but continues to need protection and care until it can stand on its own.
He spoke about the protection needed in Somalia and discussed how, on his very first day in office, terrorists tried to kill him.
Cameron congratulated Somalia for the progress made but made clear that there remains many challenges.
To listen to Mohamud's speech at the conference, visit: www.youtube.com/watch?v=Y3pggoFazKE
SELEKA REBELS THREATEN TO MASSACRE ELEPHANTS
Seleka rebels in the Central African Republic (CAR) have taken advantage of the chaos in the region and made threats to massacre elephants in one of Africa's most unique elephant habitats.
The World Wildlife Fund (WWF) have stated that the suspected poachers, who are members of Seleka, have already potentially begun acting on the threat.
Park guards at the elephant village, Dzanga Bai, have reportedly seen the poachers shooting in the direction of the elephants
Central Africa is the most threatening part of Africa for elephants.
In 2012, 300 elephants were killed in the CAR's neighbouring Cameroon.