IMF expects Namibia economy to grow by 5% in 2015
As global economic conditions remain weak with no clear signs of a significant recovery expected soon, the Namibian economy remains relatively resilient, while inflation remains […]
Articles by Khalid Al Mouahidi
Tanzania jails former finance and mining ministers
Two former Tanzanian ministers were sentenced to three years in jail after they were found guilty of issuing illegal tax exemptions to a gold audit […]
Seychelles: Inflation at 4.3 pct in June, Tourism Board forecasts 5% growth
Seychelles’ inflation rose to 4.3 percent year-on-year in June from 4.0 percent a month earlier, official data showed on Wednesday. Month-on-month inflation stood at 0.5 […]
Algeria accuses U.S of “simplistic” and “wrongful” reporting
The Algerian foreign ministry has slammed a report from the U.S State Department that criticized the North African country’s human rights records. The ministry said […]
Egypt: ‘Freedom of press in danger under draft anti-terrorism law’, press syndicate
The Press syndicate in Egypt went public on Monday to denounce the new draft anti-terrorism law which, they say, will jeopardize the freedom of press […]
Egypt to sign Cooperation Strategy Deal with AfDB
Egypt is to sign this month the country strategy agreement with the African Development Bank (AfDB), official source said on Saturday. The minister of International […]
Kenyan Diaspora sends home Sh12.9bn in May
Kenyans working abroad sent home Sh12.9 billion in May, a 7.6 per cent increase from the Sh11.9 billion remitted in May 2014. Yet, the government […]
Nigeria: Transcorp plans to increase power generation capacity by 2018
Transnational Corporation of Nigeria (Transcorp) is planning to expand its power generation capacity to 2,500MW by 2018 with an investment of $1.57bn. Transcorp, which also […]
Foreign investment: Rwanda targets $1.2 Bln in 2015
Rwanda aims to increase foreign direct investment in 2015 to $1.2 billion, a fourfold jump from two years ago, helped by a new investment Code […]
Libya-Côte d’Ivoire: GreenN telecoms company and Ivorian government reach agreement
Libya Africa Investment Portfolio (LAP), owner of GreenN telecoms, announced on Thursday that the Ivorian government would not nationalize the ailing GreenN Cote d’Ivoire telecoms […]