Geraldine Boechat – Page 330

WB provides Angola $650 million to stabilize its economy

July 3, 2015 Geraldine Boechat 0

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

July 1, 2015 Geraldine Boechat 0

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

June 30, 2015 Geraldine Boechat 0

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

June 29, 2015 Geraldine Boechat 0

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

June 26, 2015 Geraldine Boechat 0

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

June 25, 2015 Geraldine Boechat 0

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

June 24, 2015 Geraldine Boechat 0

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

June 23, 2015 Geraldine Boechat 0

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 […]

Nigerian Benedict Oramah to lead Afreximbank as new President

June 17, 2015 Geraldine Boechat 0

Shareholders of the African Export-Import Bank (Afreximbank) have appointed the Nigerian born Dr. Benedict Oramah to be the next President of the continental multilateral trade […]