Orange to connect Benin and Canary Islands with submarine cable
Orange (formerly France Telecom), together with the other members of the ACE consortium, has announced the launch of the ACE cable in Cotonou, Benin and […]
Articles by Geraldine Boechat
West-Africa: Akon Lighting Africa to invest $ 200,000 in Energy
The Akon Lighting Africa initiative will give $200 000 dollars to support the newly created Western African Energy Leaders Group. The financial commitment was made by the […]
WB provides Angola $650 million to stabilize its economy
The World Bank agreed to give Angola $650 million in financial support to help stabilize an economy that’s reeling from a plunge in oil prices. […]
Botswana GDP shrinks 1.30% in Q1 2015
The Gross Domestic Product (GDP) in Botswana contracted 1.30 percent in the first quarter of 2015 over the previous quarter, after expanding 3.3 percent in […]
Angola’s central bank raises key interest rate
Angola’s central bank raised its benchmark Basic Interest Rate by 50 basis points to 9.75 percent, citing accelerating inflation but a slight deceleration in credit […]
DRC cuts budget to face oil price drop
The Democratic Republic of Congo is planning steep cuts in spending across all parts of its current 2015 budget by nearly 12 percent to compensate […]
Zimbabwe: Companies’ tax arrears hit $ 1 Bln, Tax Agency
Zimbabwe’s companies and businesses owe more than $1 billion in tax arrears to the government, the Zimbabwe Revenue Authority said on June 25. Some of […]
Nigeria: The central bank increases foreign-currency curbs
The central Bank of Nigeria (CBN) has curbed access to the interbank currency market for the purchase of foreign currency bonds as well as a […]
Djibouti: Shanghai Electric to construct first wind farm
Shanghai Electric won a contract for the construction of Djibouti’s first wind power farm. Djibouti’s Energy Minister in charge of Natural Resources Ali Yacoub Mahmoud […]
Mali: Lack of rain affects cotton production
The head of Mali’s state-owned textile development company, CMDT, announced recently that Mali’s target cotton production is 800,000 tons by 2018 but lack of rain […]