Nigeria: Central Bank to retain forex controls amid slow growth
Nigeria’s central bank plans to retain foreign currency controls because of concerns about slowing growth rate, a senior bank official said on Wednesday as Africa’s […]
Articles by Steven Addamah
Ghana: A joint venture to invest US$73 mln in plantain chips production
Juaboso Agro Processing Company (JAPC), a joint Ghanaian/American business is investing US$70 million in the production and export of plantain chips, the chief executive officer […]
Burkina Faso: coup leaders’ assets frozen
Judicial authorities in Burkina Faso on Saturday froze the assets of General Gilbert Diendere and 13 other individuals believed to have had a role in […]
Chad: Boko Haram plunges GDP forecast to 1%
The International Monetary Fund (IMF) said on Friday that Chad’s GDP will contract to 1 percent this year as compared to the 5 percent growth […]
DRC: Ireland court releases state-owned plane grounded in debt row
An airplane belonging to Democratic Republic of Congo’s new national carrier was released by an Irish court earlier this week after it was grounded over […]
Congo: Sassou Nguesso holds referendum on third term bid
Congo Brazzaville’s President Denis Sassou Nguesso on Tuesday announced a referendum on Constitutional amendments that could allow him to run for a third term in […]
Gambia: IMF warns of serious economic risks
Gambia’s economy faces serious risks from a worsening budget, rising inflation and tight interest rates, the International Monetary Fund said in a statement on Monday. […]
Burkina Faso: Ecowas mediators announce deal to end post-putsch crisis
Africa’s regional mediators said they negotiated a draft deal on Sunday to end the post-putsch crisis in Burkina Faso after they had failed to secure […]
Tanzania: U.S to grant $472.8 mln aid if gov’t makes anti-graft effort
The United States promised to grant $472.8 million financial aid package to Tanzania next year, if the government does more to fight corruption. “Despite some […]
Boko Haram displaced 1.4 million children, UNICEF
The number of children forced to flee Boko Haram’s Islamic insurgency in Nigeria and neighboring countries has reached 1.4 million, UN children agency, Unicef, said […]