Kenyan diaspora sends home $754 million in H1
The central bank of Kenya said on Tuesday that Kenyans living abroad sent $754 million back home in remittances during the first half of this […]
Finance
West African Development Bank to raise $500m for regional integration
The West African Development Bank (BOAD) plans to raise up to $500 million from the international financial markets in the last quarter of 2015 to […]
Burkina Faso MPs agree to cut 1,200 irregular civil service salaries
The government of Burkina Faso announced Saturday it will cease paying over 1,200 civil service salaries to battle alleged payroll fraud. The government said salaries […]
Zimbambwe: China to build $1.1bn thermal power plant
Zimbambwe signed on Thursday a $1.1 billion agreement with the China State Construction Engineering Corporation (CSCEC) to build a 600-megawatt thermal power plant by 2019 […]
Zambia to issue $2 bln 10-year Eurobond
Zambian government plans to issue a 10-year Eurobond which could reach up to $2 billion to be mainly used to fund its budget deficit that […]
Ghana to issue $1.5 bln Eurobond by September
Ghana wants to issue a Eurobond of up to $1.5 billion by September for debt financing and budget support, deputy finance minister Cassiel Ato Forson […]
Côte d’Ivoire: AfDB approved $109 million loan to Sucden
The African Development Bank (AfDB) has approved a $109 million loan to Sucden’s Ivorian branch for cocoa investment, a company official said on Wednesday. “We […]
CNPC “blocks” fuel exports from Niger’s Soraz oil refinery
The National Petroleum Corporation (CNPC) has blocked fuel exports from Niger’s Soraz oil refinery, a union official said on Wednesday. Boukar Elemi, a spokesman for […]
Madagascar to pass long-delayed mining and petroleum bills in October
Madagascar’s Minister for Mines & Petroleum Joeli Valerien Lalaharisaina has declared Madagascar ready to do business with the international community and is currently in the […]
Energy: Egypt signs deals with Russia’s Rosneft
Egypt’s government signed on Tuesday two initial deals with Russia’s top oil producer Rosneft to import petroleum products and LNG cargoes. Rosneft Chairman of the […]