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 […]
Articles by Geraldine Boechat
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 […]
Nigerian Benedict Oramah to lead Afreximbank as new President
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 […]
Côte d’Ivoire: IMF forecasts 7.9% growth in 2015
Côte d’Ivoire ‘s economy will expand by 7.9 percent this year and by an average of 7.6 percent in 2016 and 2017, the International Monetary […]
South Africa: Eskom’s Sere wind farm start full commercial operation
The Sere Wind Farm from Eskom, the South African electricity public utility, recently achieved its full commercial operational capacity of a 100 MW. The achievement […]
Maersk Group to invest $1.5b in Ghana’s Tema Port expansion project
Maersk Group is committed to support the expansion of Ghana’s Tema port to the tune of $1.5 billion, says Nils Smedegaard Andersen, Chief Executive Officer […]
Sudan-ICC: Bashir returns to Khartoum, ICC and Washington lash out
Sudanese President Omar al-Bashir returned uncaught to Khartoum on Monday after attending the 25th AU summit in Johannesburg where a court banned him from returning […]