Centrafrique-Presse translated by Altavista Babel Fish.

March 29, 2007 - the Panafrican radio Africa N°1, property of the Gabonese State and the French company Sofirad could pass to the hands of Libya. It is what the "Letter of the Continent" in its last delivery affirms. Kadhafi, via Libyan Arab Africa Investment Company, would have spent 5 million euros to treat to a radio, certainly very listened, but largely overdrawn since her beginnings. With its creation, Africa N°1 earned money thanks to the hiring of its transmitters in short wave ultra-powerful of Moyabi with RFI, VOA or the BBC. But the advent of the satellite era to put an end to substantial re-entries. According to the confidential letter, Gabon favours this deal in the condition which Libya preserves the 250 employees (journalists and technicians). However the "guide", Mouamar Kadhafi, would not be very hot with the idea. Africa N°1, established out of FM in the majority of the countries of Africa, also emits in Paris. Libya announced its intention to counter China in Africa economically. For this purpose, the country comes to assemble funds of 5 billion dollars managed from Paris and intended to take participation in African companies (SME, SME) The possible repurchase of Africa N°1 gives in Tripoli a media scene to popularize its ambitions.
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