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The Africa Report: 14 June

EWN’s Africa Correspondent Jean-Jacques Cornish reports on the day’s top African news

Barack Obama answers questions at a news conference. Picture: AFP.

HEFTY PRICE OF OBAMA'S AFRICAN TRIP

The White House has informed President Barack Obama that he will not be able to view Africa's wildlife while visiting the continent as the trip is already costing American taxpayers a hefty amount.

Included in the White House's security measures for the trip are hundreds of agents, an aircraft carrier carrying support vehicles and limousines, three trucks' worth of bulletproof glass sheets, an offshore trauma centre and fighter jets that will provide 24 hours air coverage.

The costs of Obama's trip is currently just an estimate - between $60-100 million - former president Bill Clinton's visit to the continent in 1998 cost the state approximately $42.7 million.

Obama will begin his eight-day trip Africa at the end of June, arriving in South Africa on the 29th.

FASTJET SIGNS UP WITH NIGERIA

Africa's low-cost airline, Fastjet, has agreed to launch flights in Nigeria.

Currently, Fastjet has operations in and including, Tanzania, Ghana, Angola and Kenya.

On Thursday, Reuters reported that Fastjet had signed a Memorandum of Understanding with Nigeria's Red 1 Airways.

Nigeria is indeed the place to visit as it is home to Africa's largest market and the continent's most populous country.

On Friday, international flights from Tanzania to South Africa, Zambia and Rwanda were approved under the Bilateral Air Services Agreements between the African states.

IMF TO DEAL WITH ZIMBABWE FOR THE FIRST TIME IN MORE THAN A DECADE

Robert Mugabe's recent announcement of the elections on 31 July 2013 may have angered opposition leader, Morgan Tsvangirai, but it seems to have encouraged the international world to begin reengaging with Zimbabwe.

Christine Lagarde, the managing director of the International Monetary Fund (IMF) has approved a monitoring program that ends more than decade of inactivity between the IMF and Zimbabwe.

Although Zimbabwe will not be able to access any IMF resources, they will be monitoring the economic programme in Zimbabwe in a step toward making the country eligible for external borrowing.