IMF to consider bailout for debt-crippled Congo Republic
The Executive Board of the International Monetary Fund will examine Congo Republic’s request for a bailout on July 6, the international lender said on Wednesday. […]
Business
UN experts discuss Morocco’s accession to ECOWAS
Experts of the UN Economic Commission for Africa (UNECA) as well as representatives of the private and the public sector are gathered in Benin’s capital […]
Millions of Ghanaians not benefiting from booming economy—UN
The UN Special Rapporteur on extreme poverty and human rights said millions of people in Ghana are not benefiting from the country’s booming economy, but […]
South African firms urged to invest in public projects in Zambia
Zambia’s finance minister has urged South African firms to invest in roads and power plants in the Southern African nation after it suspended borrowing indefinitely. […]
Sanctions-hit Rusal restarts alumina refinery in Guinea
Russian aluminium producer Rusal has restarted production at its Friguia alumina refinery in Guinea on Wednesday, Reuters reported. The sanction-hit miner restarted its activities in […]
Mauritius to sell citizenship
As a means to further encourage investors to seize business and investment opportunities in Mauritius, the government of the Island nation has introduced a scheme […]
DRC to liberalize 90% of African imports by 2020
Democratic Republic of Congo’s chief negotiator for the African Continental Free Trade Area (AfCFTA), Floribert Kwete Mikobi, said that DRC will liberalize 90% of imports […]
Kenyan government unveils next year’s budget
Kenyan Treasury cabinet secretary Henry Rotich has unveiled the 2018/2019 budget in Parliament, local media reported. The expenditure will help finance President Uhuru Kenyatta’s so-called […]
Somalia, Ethiopia to invest in four seaports on Red Sea
Somalia and Ethiopia will jointly invest in four seaports to attract foreign investment to the two countries, an official statement said. The move comes after […]
Ghana, Côte d’Ivoire to agree on cocoa export volumes from next year
Ghana and Côte d’Ivoire will jointly decide on the volume and timing of cocoa exports by August for the 2019/20 season, the head of Ghana’s […]