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Finance

Zambia to issue $2 bln 10-year Eurobond

July 23, 2015 Khalid Al Mouahidi 0

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

July 22, 2015 Khalid Al Mouahidi 0

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

July 16, 2015 Khalid Al Mouahidi 0

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

July 16, 2015 Khalid Al Mouahidi 0

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

July 10, 2015 Khalid Al Mouahidi 0

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

July 8, 2015 Khalid Al Mouahidi 0

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 […]

IMF expects Namibia economy to grow by 5% in 2015

July 8, 2015 Khalid Al Mouahidi 0

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 […]

Seychelles: Inflation at 4.3 pct in June, Tourism Board forecasts 5% growth

July 8, 2015 Khalid Al Mouahidi 0

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 […]

Egypt to sign Cooperation Strategy Deal with AfDB

July 6, 2015 Khalid Al Mouahidi 0

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 […]

South-Africa: miner plans major jobs cuts as investors press for savings

July 3, 2015 Steven Addamah 0

Global miner Anglo American is planning to cut between 5% and 20% percent of its payroll at all of its head offices as investors are […]

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